Quote:
Originally posted by ModelPerfect
Alexa rating for Prizewise: 304,770 (Ebay is 14)
Time to accumulate enough tickets: 185 days
Cost: 17%, plus 10% to the reserve which they add themselves to cover the free coupons = 27%
Why would anyone want to committedly hold on to something like a car for over 6 months, meanwhile having it depreciate, while they wait to see if enough tickets are sold? And with a traffic rating of only 304,770, it's very unlikely enough tickets would be sold. And then, they lose 27% of the price in commissions? I think I'll stick with Ebay.
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well, thats why you set the price of to auction at 27% or more over the price. Thats the beauty.... if it takes off you could be selling stuff after the fees and still making more than msrp.