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QuiBids’ Supply Rule

QuiBids’ Supply Rule. Aktarer Zaman 12/2/11. Dataset. Products: 2,474 Users: 199,528 Auctions: 498,691 Bids: 3,850,461 Time Span: 4/21/2011 – 8/6/2011. Products Represented. Products Represented…. Auctions. Bids. Question that needs an answer:.

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QuiBids’ Supply Rule

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  1. QuiBids’ Supply Rule Aktarer Zaman 12/2/11

  2. Dataset Products: 2,474 Users: 199,528 Auctions: 498,691 Bids: 3,850,461 Time Span: 4/21/2011 – 8/6/2011

  3. Products Represented

  4. Products Represented…

  5. Auctions

  6. Bids

  7. Question that needs an answer: • Why did QuiBids change its inventory of products?

  8. Unique Visitors to QuiBids

  9. 20 Days Before and After July 16, 2011 • Before • Products: 1,442 • Auctions: 88,516 • Users Captured: 51,632 • After • Products: 1,058 • Auctions: 88,194 • Users Captured: 48,466

  10. Forming Communities • Initially • Products = Community • User  community based on interest • Join communities • Similar users in any to community

  11. Visualizing Communities Before Change

  12. Visualizing Communities After Change

  13. So what’s QuiBids’ supply rule? • Constant number of auction • Increase representation of product based on user interest • Maintain equilibrium with profitability

  14. Conference Paper • Penny auctions • General information about QuiBids • Strategies behind the QuiBids business • The habits of users

  15. Questions?

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