Farmers market on steroids!

[OceanicCorals-Ian-]

Originally Posted by FitoPharmer

I had a question or two because I was very excited when you first posted this. But then I read:
"The auction fees are as follows; $1-$100 16.75% $101-$300 15.00% $301-$1000 10.00% $1001-$10k 4.75% Free to list! Free to re list! $0.50 To highlight $0.50 To Bold $1.00 Buy it now"
I was just wondering why the fees are so large? especially when frags.org, Canreef, Ect. offers a similar service with not as many features but for 100% free. I mean don't get me wrong I wanted to post some stuff on your auction site, but if you make $16.75 off my single 100$ sale, that's like making pay pal fees seem cheap. And i would rather pocket the 10$ after Pay pal and post my own auction. For me Pay pal offers excellent functionality and security for only 3-5% per transaction.

Has anyone from the public used the auction service yet? The only listed vendors seem to be retailers. And I was also wondering what justifies such a high charge rate? Is it to cover the cost of the small things people might sell, like 5$ frags? Or is there more cost to hosting this service then I imagine?

The rates are examples that are not implemented at this time and we have no future plans to charge for the use of our Oceanic Live system, I forgot those rates were still on there. People have been successful in selling items on the auction, you are welcome to list all you like!

Cheers!

Ian
O.C.

[FitoPharmer]

Well I am excited again if the 16.5% fee is never going to be implemented. I hate using a service that is free to start and then they charge you after a few weeks.

[OceanicCorals-Ian-]

Originally Posted by FitoPharmer

Well I am excited again if the 16.5% fee is never going to be implemented. I hate using a service that is free to start and then they charge you after a few weeks.

We will not be charging ever for the service!

Cheers!

[Zoaelite]

Originally Posted by OceanicCorals-Ian-

We will not be charging ever for the service!

Cheers!

Wow considering that this will be in direct competition with yourself that's a very generous service to provide for the reefing members of Canada. Great customer service as always Ian !

[OceanicCorals-Ian-]

Originally Posted by zoaElite

Wow considering that this will be in direct competition with yourself that's a very generous service to provide for the reefing members of Canada. Great customer service as always Ian !

It will be competition to some extent; however, we think our name speaks for itself in the industry so far. we can also promote our own products within the Action platform....

Thanks for the compliments...

O.C.