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DG Marketplace: Question on quantities

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Forum: DG MarketplaceReplies: 26, Views: 563
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dave
Jacksonville, TX
(Zone 8a)

February 13, 2008
03:53 PM

Post #4534131

I'm guessing quantity of product is only needed in a Fixed Price auction, yes?

And if it's a bidding auction with a starting price, then there is no "Quantity" since there will be only one winner, right?
mistygardener
Saint James, MO
(Zone 6b)

February 13, 2008
04:26 PM

Post #4534285

Actually, there can be auctions with more than one in quantity. I can't remember how it works anymore since I quit eBay a long time ago, but I am sure many others will chime in that does remember. :)
dave
Jacksonville, TX
(Zone 8a)

February 13, 2008
04:29 PM

Post #4534294

Hmm, auctions with more than one quantity... how on earth does that work?
mistygardener
Saint James, MO
(Zone 6b)

February 13, 2008
04:32 PM

Post #4534305

Where are the experts when we need them? LOL
Seed_Sprout
Fountain, FL

February 13, 2008
04:34 PM

Post #4534312

It's called a dutch auction. I'll run over to ebay and take notes to explain how it works. I know but don't know how to explain it properly.
mistygardener
Saint James, MO
(Zone 6b)

February 13, 2008
04:34 PM

Post #4534316

Thanks! I knew it could be done, but couldn't remember how! Sorry, Dave! :(
Seed_Sprout
Fountain, FL

February 13, 2008
04:39 PM

Post #4534329

Here is a link to a info page on eBay that explains it better than I can type it.

http://pages.ebay.com/help/buy/buyer-multiple.html
gordo
Gulfport, FL
(Zone 9b)

February 13, 2008
04:43 PM

Post #4534336

Multiple item auction.

You list ten packs of seed @ 3.50 ea. Postage 1.50 for up to four packs.
Three people buy 2 each.
The available packs tick down on a buy it now.
You have four left over.

On a bidding situation:
You list ten packs of seed @ 3.50 ea. Postage 1.50 for up to four packs.
Three people buy 2 each.
You have four left over.

But...if all ten are bid beyond the offered price...
and the bidding war ensues
you really don't know what the final sale price will be until the auction closes.

Then, 10 people get their seed at the final price they bid.

Pay and ship...

dave
Jacksonville, TX
(Zone 8a)

February 13, 2008
04:44 PM

Post #4534343

I think I'm understanding this now.

Is this a feature we want at launch or shortly thereafter?

dave
chefmike92
Clermont, FL

February 13, 2008
04:46 PM

Post #4534350

they are called Dutch auctions. these auctions are set with or without buy now . if i had 50 cuttings i could set buy now at 10.00 and start bid at .99 anyone can bid $ on as meny or few they want. let say you want 20 and bid 5.00 at the end of the auction the 40 highest bids not bidders win. so you might at 5.00 get any part or all of the cuttings you bid on. Now if i buy 35 at the buy now there is now only 5 left for the 5 highest bids not bidders

hope this helps
chefmike92
Clermont, FL

February 13, 2008
04:48 PM

Post #4534359

I think this can streamline selling for those that sell more then one of the same thing

Id like to see this
Seed_Sprout
Fountain, FL

February 13, 2008
04:51 PM

Post #4534369

Except with dutch auction... If I wanted all 4 packs of seed and only had enough of a bid in to win one... With eBay I could refuse the purchase because I wanted them all. It would then pass to the next bidder if they wanted them. Dutch Auctions are a bit risky to the seller should a bidder not want a partial purchase and the next high bidder changed their mind and didn't want the seed.
gordo
Gulfport, FL
(Zone 9b)

February 13, 2008
04:57 PM

Post #4534392

A good feature at the outset, as it will help avoid multiple listings of identical items.
shellabella
West Central, FL
(Zone 9b)

February 13, 2008
05:01 PM

Post #4534406

I do alot of my plant purchases with Dutch Auctions. I LOVE Dutch auctions as a buyer. Only one time has there not been enough to go around in all my Dutch auction purchases.

For bidders this is a great feature because you can get more than one item if you want, and more than one bidder can get items also with out worring too much about getting into a bidding war. Sure it happens, but I personally have never seen a big bidding war in a Dutch auction.

I imagine for most sellers who have alot of one item such as rooted cuttings or seedlings this is a very efficient way to sell them off.
dave
Jacksonville, TX
(Zone 8a)

February 13, 2008
05:04 PM

Post #4534415

Okay, it'll be there for launch. That's a pretty complicated set of rules I'll have to program. Thanks for all the quick feedback!
shellabella
West Central, FL
(Zone 9b)

February 13, 2008
05:12 PM

Post #4534437

Dave,
Thanks so much for including the Dutch auctions on launch. I hope you are just as excited as we are about this...I know how much work this must be for you and thank you again, and again and again...
This pertains to your quantity question too...this is an easy one though...

Folks sell things in "lots" on E-Bay too. Like 100 bulbs, or 50 seeds etc. On E-Bay this is a single item sale like any other regular BIN or Auction for a single item. Only difference is that it is a seperate listing catagory called "Lots" for search engine purposes. Sometimes I search only for "lots" if I want a bunch of Rain Lily bulbs or something. Saves weeding thru all the smaller item auctions that can come up in a search.
twiggybuds
Moss Point, MS
(Zone 8b)

February 13, 2008
06:41 PM

Post #4534732

Thanks Dave. I love selling with Dutch auctions. It's a very useful tool in some situations.
ViolaValley
Viola, TN
(Zone 6b)

February 13, 2008
07:55 PM

Post #4534949

Thanks Daves, Great idea for all as well that want to buy multiple. One question though, is there an option for combined invoice for purchases. Hate to see a buyer buy a few items from a seller and not have that option in there. .
gessiegail
Taft, TX
(Zone 9a)

February 13, 2008
08:35 PM

Post #4535117

Oh no! Now I have to also learn what a dutch auction is (LOL))
mistygardener
Saint James, MO
(Zone 6b)

February 13, 2008
08:41 PM

Post #4535144

You don't have to Gail, it is up to you on how you want to sell. :) I just want to buy some of your plants!!! :)
bellieg
Virginia Beach, VA

February 13, 2008
11:15 PM

Post #4535722

Is this just plants or miscelaneous? I am doing ebay right and sell mostly columbia boots , steve madden and kenneth cole shoes thanks. Bellie
ecrane3
Dublin, CA
(Zone 9a)

February 16, 2008
12:27 PM

Post #4546180

Here's what Dave said in another thread http://davesgarden.com/community/forums/p.php?pid=4545872
My interpretation would be that things like shoes & clothing would probably not be appropriate, unless it's things like gardening clogs, clothing specially designed in some way for gardening, etc.
HaroldS
Glendale, AZ

February 17, 2008
03:47 PM

Post #4551135

I don't like Dutch auctions - at least as handled on eBay. I recently bid on one wanting all 4 items available. I bid much higher (my mistake) than the only other bid. The bidding does not go like ordinary auctions - in fixed increments over the existing bid, but goes immediately to whatever your bid is. O.K. I was comfortable with that since that was my max bid. However, near the end two others came in and bid my exact price. Each of them got one item and I got two, when my bid was first and I had indicated I would take all four of the items. Why is that? Won't ever use Dutch auctions again.
ecrane3
Dublin, CA
(Zone 9a)

February 17, 2008
04:03 PM

Post #4551187

That sounds like it's how Ebay's programmed theirs to work and it's probably laid out in nice fine print somewhere in their site policies. If everyone else wants the Dutch auctions to work differently than Ebay's, that sounds like something that Dave could program to work however people want it to. I've never done Dutch auctions, but thinking as a buyer I'd rather have it work where if you want all 4 items, then you get all 4 unless someone comes in with a higher bid, and thinking as a seller it's easier to send all 4 things to the same person, so it seems to make sense to do it the way you would want. But since I've never participated in Dutch auctions there may be some good reasons that I'm overlooking why it would be better to do it Ebay's way.
threegardeners
North Augusta, ON
(Zone 5a)

February 17, 2008
04:14 PM

Post #4551225

I need more info. on the Dutch auctions.
Say, for instance, I have 25 hand made "button" bears my Mom made. Wouldn't I be better off auctioning them all off singly?
I know, I know, it takes up space, but how about if I waited for one to sell and then listed another, and so forth?
HaroldS
Glendale, AZ

February 17, 2008
05:45 PM

Post #4551530

Here is Wikipedia's definition of a Dutch Auction. Note the original use is completely different from what eBay uses, which is mentioned at the end - which is really "a multi-unit English ascending auction.." Say that quickly. LOL

"Dutch auction is a type of auction where the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer's price, or a predetermined reserve price (the seller's minimum acceptable price) is reached. The winning participant pays the last announced price.

This type of auction is convenient when it is important to auction goods quickly, since a sale never requires more than one bid. Theoretically, the bidding strategy and results of this auction are equivalent to those in a Sealed first-price auction.

The Dutch auction is named for its best known example, the Dutch tulip auctions. (In the Netherlands this type of auction is actually known as a "Chinese auction"[1]).

Dutch auction is also sometimes used to describe online auctions where several identical goods are sold simultaneously to an equal number of high bidders. Economists call the latter auction a multi-unit English ascending auction.[citation needed"

"where several identical goods are sold simultaneously to an equal number of high bidders." That's what happened to me. The other bidders didn't want to pay more than my bid apparently, so they just bid at my price and that entitled them to share in the items. Wrong, wrong, wrong.
threegardeners
North Augusta, ON
(Zone 5a)

February 17, 2008
05:58 PM

Post #4551575

As long as we don't HAVE to use the Dutch Auction.

Thanks for the explanation HaroldS.

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Other DG Marketplace Threads you might be interested in:

SubjectThread StarterRepliesLast Post
Ideas for the Buyers MitchF 8 May 14, 2009 7:56 PM
First time purchasing bigred 37 Dec 1, 2008 8:01 AM
Please do something with my old offerings on the Marketplace gessiegail 1 Sep 3, 2008 3:18 PM
On the subject of a DG auction system dave 207 Feb 7, 2008 10:03 PM
On the Subject of a DG auction system - Continued gordo 80 Feb 17, 2008 6:30 PM


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