Pinpoint the Exact Ending Price of Any Auction Before it Ends

We have some exciting news to share about a new breakthrough technology we have developed!

Check out our latest press release and discuss below:

Listia Develops Technology to Predict the Ending Price of Auctions 

FOR IMMEDIATE RELEASE

MOUNTAIN VIEW, CA /PRNewswire/ — Listia Inc., the world’s largest online trading marketplace, today announced that it has developed a new algorithm that accurately predicts the future ending price of any online auction.

As the fastest-growing trading marketplace on mobile and web, Listia has become the go-to resource for users who want to trade-in unwanted items for spendable credits. Credits can then be applied to any item posted on Listia, allowing users to acquire items they actually need and want, from the latest gadgets to jewelry, gaming systems to baby clothes.

“Our users were tired of trying to win Listia auctions without knowing what the ending price would be, so we worked hard over the last year to develop the world’s first future-price-prediction engine,” said Gee Chuang, CEO of Listia. “The average home in America is riddled with over $7,000 in unused stuff, so we’re thrilled to help people leverage that value to get things they actually want. Now, instead of ‘sniping’ at the last second, our new feature will allow people to simply ‘know’ how much to bid without having to compete with anyone.”

The feature will be rolled out slowly to a group of beta users as a Listia Perk over the next 48 months and is expected to be fully available on April 1, 2034. Users can activate the feature for a small fee.

About Listia

Listia is a trading marketplace that helps anyone turn their unwanted clutter into things they want and need, all for free. Founded in 2009, Listia is headquartered in the heart of Mountain View, CA and is backed by General Catalyst, Andreessen Horowitz, SV Angel, Y Combinator and others. For more information, visit www.listia.com. Download Listia’s mobile app for both iPhone and Android devices.

 

Edit (4/2/14): Hope everyone enjoyed our April Fool’s joke :) Thanks from all of us at Listia!

 

New Badge Display

Happy 2014! One of the first new features of the year is our new badge view that we released this afternoon! Here’s a little summary of the details and reasoning behind it.

  • You can now click on your badges and a popup will open displaying the details of the badge
  • There are badges that have tiers/levels and badges that don’t. If a badge has multiple levels you will see an icon in the actual badge. In the popup you’ll also be able to see what levels you’ve reached and what criteria it took to get there. Click the “See All” link to see more details.
  • One downside is that the count of number of badges you have has probably gone down for most of you. This is a new way that we are counting badges where we no longer are counting each level as an individual badge. The main reason for this is because we’re making room for more badges.
  • Bigger badge images!
  • Oh and did I mention… more badges soon!!!

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This is where you may see a slight difference. We no longer include the number of times you have leveled up for each badge.

 

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Click the “See All” link to see how many times you’ve leveled up with a specific badge

 

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If a higher level is available you’ll see what it is and the criteria to get there. Cool huh?

 

We are still taking a close look at a couple odd things during this change (including a few reports of missing badges). We’re on top of it and any issue with this should be resolved soon!

Let’s Get Digital

Today, we’re announcing a new way to list and find digital items on Listia! In the past, items such as e-books, codes, electronic gift cards, and other digital items that can be delivered electronically (via email) have been mixed in with the physical goods that make up the majority of listings on Listia. This made digital items difficult to find and also made it hard to just browse physical items in certain categories.

To solve these problems, we’re introducing a new delivery method called “digital delivery.” All digital goods from now on should be listed with this delivery method checked to ensure that other users will be able to find your items quickly and easily. Digital goods should no longer be listed with any physical delivery options such as “free shipping” or “local pickup” etc.  This listing feature was just released, and the second part of this feature (described below) will be released next week.

On the browsing side, you will be able to filter your results and include or exclude digital goods depending on what you are looking for. So, for example if you are looking for books but don’t want to include e-books, you can simply uncheck the “digital delivery” checkbox and continue browsing.  On the other hand, if you are only looking for electronically delivered gift cards, you can check the “digital delivery” checkbox and uncheck the other shipping and local pickup checkboxes.  This part is greyed-out currently but will be released next week.

As digital goods become a larger part of our marketplace and online commerce in general, we are committed to providing easy ways to find and discover these types of items when browsing the site. Let us know what you think of the new features and whether you find them helpful in the comments below. Thanks!

New Category Select UI

Today we’re releasing a snazzy new way to select a category and subcategory when you list your item!  You can just try it out or read on for more details.

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You’ll notice that the form field looks slightly different.  When you click on it you should see something like this:

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Once you select your main category you will be prompted to select a subcategory:

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One difference is that it is now required to select a subcategory.  When your selection is incomplete you will see a “Select…” prompt in red.  If you find that a subcategory doesn’t fit for your item you can select the “Other” subcategory.  Once you’ve completed your selection it should look something like:

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Tada!

We’re gearing up for some category updates soon that will take full advantage of this new UI so stay tuned!  Enjoy!

A Couple Announcements

Hi everyone,

We are currently in the process of improving our categories on Listia to be more comprehensive and thorough. In order to do this we have had to disable the ability to create a custom subcategory when you list your item(s).  Don’t worry though! Once we’re finished with revamping our categories it should be easier to both list and browse! We apologize for any inconvenience this may cause you for the time being.

Also, on November 19th we will be switching everyone over to the newly designed auction page. A few of you have tried it out and then opted to go back to the old design, but on November 19th the old auction design will no longer be available. Thank you for all your feedback so far!

Stay tuned for more updates!

A Fresh New Look To Auction Pages

We decided that it was time for our auction page to get a fresh new look and we’ve released what we think is a cleaner, more organized way to view auction information!  Some of our newer users may have already been exposed to the new page, but for our veteran users we’re giving some of you a chance to take a sneak peek as we roll out the new design.  Here’s a quick look:

To see if your account is ready to preview the new auction page go to any open auction and see if you have the following link on your page:

If you don’t like it right away you can get back to the old design by clicking the link located at the bottom right hand side of the new auction page (please note, we’ll eventually be moving everyone to the new design):

We hope you’ll stick with the new page and give it a chance to win your heart over <3  And of course we’d love to hear your feedback so if you’re feeling extra expressive, please tell us what you think in this short questionnaire.  We’ll be reading each and every one of your replies and making changes before switching over to the new page (date TBD).  We hope you like it!

New Feature: Higher Start Bid!

This morning we launched a feature that allows you to set higher start bids on your auctions!  Now you don’t have to worry about getting too few credits for your items, so start digging through your closet to find more of those things you want to list!  Some awesome benefits:

  • List those higher valued items that you were afraid to list before
  • List heavier things that you can’t ship like furniture, computer monitors & TVs.  Post them up for local pick up without worrying about your minimum bid.

A couple things you should note when you list a higher start bid in conjunction with Get It Now.

  • Your Start Bid must be lower than your Get It Now value.  Makes sense right?
  • If your Start Bid is over 50% of your Get It Now value, Get It Now will be disabled after the very first bid

Enjoy and happy listing!

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