I wish this site all the success in the world, this is an example of the more the merrier, but I am just wondering what this site has to offer to both buyers and seller that can be viewed as a competitive advantage when compared with ebay or the Pen forums..... and so far I don´t see any clear advantage.
In my analysis :
- price - Lower that ebay but higher than any pen forum
- Safety - a lot lower than Ebay and the same when compared to all the pen dedicated forums
- Exposition - extremely reduced when compared to Ebay and lot lower than any of the pen forums.
Why should I has a seller sell there and as a buyer buy there?
Well I can see advantages for the buyers as reduced exposition of the website will decrease competition and therefore drive the prices lower. But that will make the sellers to define reserve prices and increase initial price and therefore reduce sales a lot and keep buyers off and that can be a vicious cycle hard to break...
Volume and exposition is key and I hope you can grow a lot as with those prices I don't feel abused like many times in Ebay. It can be interesting venue if you achieve a large audience, gain muscle and add safety for both sellers and buyers you can be on the right track, but your main competitor will be the forums not Ebay in my view.
Hope you succeed.
All the best
Your analysis is wrong.
PMAuction is a very safe place, which makes use of the latest computer security protocols. So the concept that it is a less safe place than the forum is absolutely wrong.
PMAuction is associated with one of the most important law offices of Turin. PMAuction does not authorize payments with credit cards and not save credit card numbers. All payments are made with systems such as Paypal, Google Checkout, Authorize.net, 2Checkout. All payment system allow buyer to open a refund request for fraudolent activity, uncorrect item, damaged item and more
PMAuction have an internal system to track pack and can do it with most of the internaltional parcel service as USPS. Also all seller are allowed to ask fees refund if selling is not completed properly.
PMAuction is young, but is consistently listed in the major search engines and all objects can be shared via the major social networks, so exposition is good.
