Bruce

Unless one is logged on one /cannot/ see the bidding history of any item you have currently up for auction, just the current bid.


David

Bruce Hershenson did previously state on 3/09/2013 4:05 AM:
Peter,

If doing this *IS *increasing the amount of bidders for you, then by all means it makes sense to do so.

I have thought that letting people see the current bid prices encourages them to bid, but maybe this *ISN'T* true.

How about it *MOPO*? *Should I hide the bid prices on current (and past) items from everyone who isn't registered?* I am all for anything that will get us more bidders..

On extended bidding, ALL real world auctions have it, and I personally have found that only *VERY *knowledgeable bidders like fixed time ended auctions. But eventually, all people learn about sniping, and then most auctions sit at a low price, and then the snipes roll in, so the effect is that you are participating in a "blind bid" auction where everyone gets exactly one bid, and as I say only *VERY *knowledgeable bidders like that, because it does give them an advantage.

If extended bidding results in higher prices overall, then doesn't that make it harder for auctions that don't have it to get consignments?

But there are no right answers to these kinds of questions. My business has continued to grown as I have made many changes, and of course I stick with those that work for us, and abandon those that don't. And what works for one business might well not work for others, and vice versa.

I would love to see discussions on these and other topics of interest to movie poster collectors, dealers and auctions!

Bruce


On Mon, Sep 2, 2013 at 12:46 PM, Kirby McDaniel <[email protected] <mailto:[email protected]>> wrote:

    I like auctions where the clock runs out. �That way I can put my
    max bid in and forget about it. �Having said that I have bought a
    lot of posters
    at emovieposter.com <http://emovieposter.com> and I can live with
    their model. �Some people feel that the extended auction model
    benefits the seller. �If it does, and there is
    certainly no comparative data on this, I don't think it benefits
    them that much - usually. �I like the clock model because I can
    put in a snipe bid and I don't
    have to watch it -- not that I watch that many auctions play out
    to the very end anyway

    Kirby



    Kirby McDaniel
    MovieArt Original Film Posters
    P.O. Box 4419
    Austin TX 78765-4419
    512 479 6680 <tel:512%20479%206680>� www.movieart.com
    <http://www.movieart.com>
    https://www.facebook.com/movieart.austin.texas
    mobile 512 589 5112 <tel:512%20589%205112>

    On Sep 2, 2013, at 11:53 AM, peter contarino
    <[email protected] <mailto:[email protected]>> wrote:

    Bruce-I am guessing this is directed at me and movie poster
    exchange. The reason for the change recently is because I run
    analytics constantly and what I have found is we have thousands
    of unique visitors per month but only 1/3 of these are
    registering, even though they spend an average of 12 minutes on
    the site each visit. I want to improve registrations and get more
    people engaged. Since implementing this, our registrations have
    increased significantly. Regarding your suggestion that it might
    turn people off, there is that possibility but that doesn�t seem
    to be the case. So the point is not to �prove� anything, it is to
    raise the customer database, which increases sales, which
    benefits everyone. If it turns some people off, they are not
    contributing anyway, so it really is a non-issue to my thinking.
    You have a massive customer database and kudos to you. My
    business is relatively new and still a work in progress.
    �
    And to that end, I have wondered about the benefits of having
    extended auctions. I realize it maximizes profits for the seller,
    but all of my buyers I have asked don�t care for it. I would be
    curious to know what people on this forum think about this. We
    built that option in when we designed the site and could do so
    and it certainly works well for you at emovieposter. I personally
    don�t like sitting at the computer waiting on auction end. I
    typically get zero responses because I post so little but if
    anyone wants to share their thoughts I would be very interested.
    �
    -Peter
    �
    *From:*�MoPo List [mailto:mopo-
    <mailto:mopo->[email protected]
    <mailto:[email protected]>]�*On Behalf Of�*Bruce Hershenson
    *Sent:*�Saturday, August 31, 2013 9:12 AM
    *To:*�[email protected]
    <mailto:[email protected]>
    *Subject:*�[MOPO] Why do so many auction houses make you "sign
    in" to see their results?
    �

    I don't understand why so many auction houses make you "sign in"
    to see their results. I don't get the point in it. I
    imagine*SOME�*people register just for that reason, so it may get
    them a few extra "registered bidders", but what does that prove?
    And aren't there many others who click away from the site rather
    than register, so how can that be good.

    I could understand this if those sites were charging a fee to
    join, because then they would not want to give their information
    away "for free". But since there is no fee for registering, that
    can't be the reason.

    And this is�*NOT�*just "closed auctions". I also have seen it
    where you can't see�*CURRENT�*bid prices, and that seems even
    stranger to me, because maybe people would be encouraged to bid
    if they saw a low current high bid.

    *So what am I missing?*

    --

    Bruce Hershenson and the other 29 members of the eMoviePoster.com
    <http://eMoviePoster.com> team
    P.O. Box 874
    West Plains, MO 65775
    Phone: 417-256-9616 <tel:417-256-9616> (hours: Mon-Fri 9 to 5
    except from 12 to 1 when we take lunch)
    our site <http://www.emovieposter.com/>
    our auctions <http://www.emovieposter.com/agallery/all.html>

    *Complete Buyer Protection
    
<http://www.emovieposter.com/unused/20120625ad_emovieposter_no_buyer_beware_buyer_warranty.jpg>�-�*No
    time limit on our guarantees &�*NO*�buyer beware
    *Hershenson Help Hotline
    
<http://www.emovieposter.com/images/announcements/20120906_mcw_ad_hershenson_help_hotline_forsite.jpg>�-�*Direct
    line to Bruce (our owner!) for urgent problems*
    *Also, please read the following three pages of
    in-depth*�Customer Reviews�*of our company�*-�Page 1
    
<http://www.emovieposter.com/images/announcements/buyerreviews_page1.jpg>,�Page
    2
    
<http://www.emovieposter.com/images/announcements/buyerreviews_page2.jpg>,�Page
    3
    <http://www.emovieposter.com/images/announcements/buyerreviews_page3.jpg>*,
    which shows you in our customers' own words exactly what makes
    our company and our auctions so very different from all others!

        

    Visit the MoPo Mailing List Web Site at�www.filmfan.com
    <http://www.filmfan.com>
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--
Bruce Hershenson and the other 29 members of the eMoviePoster.com team
P.O. Box 874
West Plains, MO 65775
Phone: 417-256-9616 (hours: Mon-Fri 9 to 5 except from 12 to 1 when we take lunch)
our site <http://www.emovieposter.com/>
our auctions <http://www.emovieposter.com/agallery/all.html>

*Complete Buyer Protection <http://www.emovieposter.com/unused/20120625ad_emovieposter_no_buyer_beware_buyer_warranty.jpg> - *No time limit on our guarantees & *NO* buyer beware *Hershenson Help Hotline <http://www.emovieposter.com/images/announcements/20120906_mcw_ad_hershenson_help_hotline_forsite.jpg> - *Direct line to Bruce (our owner!) for urgent problems* *Also, please read the following three pages of in-depth*Customer Reviews *of our company *- Page 1 <http://www.emovieposter.com/images/announcements/buyerreviews_page1.jpg>, Page 2 <http://www.emovieposter.com/images/announcements/buyerreviews_page2.jpg>, Page 3 <http://www.emovieposter.com/images/announcements/buyerreviews_page3.jpg>*, which shows you in our customers' own words exactly what makes our company and our auctions so very different from all others!

        

Visit the MoPo Mailing List Web Site at www.filmfan.com

___________________________________________________________________

How to UNSUBSCRIBE from the MoPo Mailing List

Send a message addressed to: [email protected]

In the BODY of your message type: SIGNOFF MOPO-L

The author of this message is solely responsible for its content.



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