Trademe 50cent auction test

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dadilala

14 posts

Geek

#56776 23-Jan-2010 14:22

Hi guys,

I sell stuff on trademe, and would like to do a test. As trademe allows 50cent sales, yet the minimum trademe fee to pay is 50 cents, which means that if your item sells at 50 cents you don't earn a thing and you lose your product.
But I tried the fee calculator, and it told me that if my item was sold at 50cents, i'll be charged $0 fee.

So now i'm doing a test to see if I sell an item at 50 cents, would trademe charge me a fee.

Could someone please click the "buy now" button of this auction?
http://www.trademe.co.nz/Browse/Listing.aspx?id=267370180
I wont charge you anything to click the buy now. This is plainly experimental, and I'll tell you all my results from this test.

Thanks!

Cheers,
Dadilala

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#292469 23-Jan-2010 14:48

Done.... Will be interesting to see what happens :)

Check out my LPFM Radio Station at www.thecheese.co.nz - Now on iHeart Radio, TuneIn and Radio Garden

As per the usual std disclaimer.. "All thoughts typed here are my own."

dadilala

14 posts

Geek

#292480 23-Jan-2010 16:04

Thanks zollyMonsta!

I WAS charged 50cents! sighs - the fee calculator lies! Hahaha....

ZollyMonsta

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#292485 23-Jan-2010 16:27

Ah well, test successful. lol.

Check out my LPFM Radio Station at www.thecheese.co.nz - Now on iHeart Radio, TuneIn and Radio Garden

As per the usual std disclaimer.. "All thoughts typed here are my own."

Geese

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#292518 23-Jan-2010 17:33

dadilala: But I tried the fee calculator, and it told me that if my item was sold at 50cents, i'll be charged $0 fee.

If you enter .5 or 0.5 or .50 for 50 cents, it shows no fees as it changes it to $0.

But if 0.50 is entered then it works correctly and says 50 cents fees.

Just like if you enter 100000.95 it shows the fees correctly, but if you put 100000.955 it says no fees.

If only one could bid an extra half a cent!

Lurch

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#292542 23-Jan-2010 18:42

Hmm, and yet people still flock to TM :-/

tkdman123

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#292667 24-Jan-2010 12:56

Nice test haha

Adamal

544 posts

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#293026 25-Jan-2010 23:25

Not happy with Trademe. Sold my turntables for $900 and they stung me $44.10 for success fees. Thats more than it costs to list a car.

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#293033 26-Jan-2010 00:11

it's a $70mil sam morgan business! they get richer, everyone else die trying

Geese

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#293094 26-Jan-2010 10:40

joker97: it's a $70mil sam morgan business! they get richer, everyone else die trying

Thats sounds familiar. In 2005 I had a $20,000 deposit for a house, and over the years I think TM has sucked most of that up, as now I'm broke and having nothing to show for it, but I've given TM $1,000s in success fees since then. Just gave them another $10 toward the collection today.

patatrat

261 posts

Ultimate Geek

#293102 26-Jan-2010 11:01

Comradehunt:
Thats sounds familiar. In 2005 I had a $20,000 deposit for a house, and over the years I think TM has sucked most of that up, as now I'm broke and having nothing to show for it, but I've given TM $1,000s in success fees since then. Just gave them another $10 toward the collection today.

Wait. How is it trademe's fault that you have spent your house deposit over 5 years?

It not like the success fee's are hidden or come as a surprise. It is the cost of doing business on trademe and should be factored into your sale price. If you have been selling on trademe for 5 years and have lost $20,000, then I suggest you find yourself another line of work.

fab

155 posts

Master Geek

#293107 26-Jan-2010 11:26

I listed my car on TM this morning - been three years since I listed my last one there.

Was stunned to see the cost of auctioning a car on TM - $39 base fee and if car sells for more than $1,000 another $39! Jeez that's $78 to auction a car there.

Sorry TM but to me that is a rip. I'm off to Trade and Exchange and Sella!

Behodar

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#293157 26-Jan-2010 15:10

In 2008 I listed my house for rent, it cost me $50 and I had several replies after one day. My tenants moved out and I relisted it, this time it was $80 and I didn't get a single bite. An $8 ad in the local paper, on the other hand...

dadilala

14 posts

Geek

#293249 27-Jan-2010 00:08

there used to be a free auction site... sellmefree? or something like that... but that never got popular... trademe really does take a bit of the fees.... It earns heaps, but they don't really seem to do much... hahaa~

richms

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#293660 27-Jan-2010 22:04

If you think trademe is bad, then go look at ebays pricing.

Richard rich.ms

Ragnor

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#293723 28-Jan-2010 01:50

Playing devils advocate here...

Feel free to use sella or zillion they have lower fees... I'd put $5 on the fact that if you do you use an alternative to tradme your auctions will get less views, less bids and fetch lower prices.

Basically harden up... the higher fees are normally cancelled out by more bids/higher winning price.

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