I have also made some small sales since the two big sales. This has all happened since Sunday. I know that I will probably have a week or so pass before I make another sale, but I've already sold enough for the month as far as I'm concerned. Anything more is just a bonus.
I read a message thread on eBay in which people were talking about Bonanzle (under the cover of the name "The Ranch"), and several people stated that they do not believe that people are telling the truth about their sales. They think that because they do not see conclusive proof of sales that everyone is lying in order to make people think Bonanzle is better than it is. This is precisely why I am sharing my sales information here and providing some screen caps. Here is another screen cap of my traffic sources that led to my sales from just the last week:
You can see that I have sold sixteen items in the last week, and these items are from seven different transactions.
Many people do not realize that it is possible to see sold items on Bonanzle and that from the sold item pages that they can follow a link to see the buyer's ID and other items bought at the same time. If you would like to see a sample of the sold items on Bonanzle, follow this link to see the search results for sold Nancy Drew books. All of the books displayed on that page are books that have actually sold. On the left under "other filters," you can see where "sold in last year" can be selected for any search term.
Around a month ago, I recorded these traffic stats for my booth:
1. Google – 44.8%
2. Direct – 22.4%
3. This blog – 10.6%
4. series-books.com – 3.0%
5. All other sources – 19.2%
These are my stats from the last month:
1. Google – 44.6%
2. Direct – 30.2%
3. This blog – 11.7%
4. series-books.com – 3.0%
5. All other sources – 10.5%
What is most striking is that direct traffic is increasing. Direct traffic is traffic from people who are already on Bonanzle and enter my booth through a page on Bonanzle. The increase in direct traffic is good; it shows that more people are visiting Bonanzle.
Bonanzle just got some good publicity.
Randy Smythe podcast interview
Ina Steiner interviewed Randy Smythe for AuctionBytes. Randy Smythe is a former eBay PowerSeller who left eBay to sell on Amazon.com and also works for Buy.com. Steiner asked Smythe whether any of the secondary marketplaces stand out in comparison to the rest. Here is most of Smythe's response:
"I'm seeing some traction from Bonanzle....they were able to get a lot of product and a lot of selection quickly....now that was before they had a lot of traffic and a lot of sales....in this particular case, they've continued to grow their product and they've continued to grow their sellers, and they're incrementally growing their sales....it looks like a little eBay from the beginning."
Steiner asked Smythe what makes Bonanzle different from the other similar marketplaces that have been around. Smythe stated that "the founders understand that they are under the microscope and they interact with the community....they are constantly making changes and explaining why they are making changes....some of the same changes that eBay has made and had all kinds of grief for....Bonanzle has made several changes....adding item specifics....that got a lot of people upset at eBay, and Bonanzle, if you read the comments on the blog, they are like 'Yay! That's so fantastic! Thank you!' " Steiner shrewdly observed that timing might have something to do with that, and both of them laughed. It is definitely the perfect time for eBay to get some competition.