Thursday, January 11, 2007

Overstock Auctions continues Downward Spiral

Overstock Auctions continues in a downward spiral today announcing the loss of O-Tracker, O-Gallery, and the Most Popular Gallery features on the site. In recent weeks the site has also canceled subscription plans, revised MIM Policies, removed live chat, and removed seller ratings and ID's from list views on the site.

The current Overstock Auction listing count hovers around the 40,000 mark and is currently in 14th place among auctions sites listed.

The O-Tracker, O-Gallery, and Most Popular Gallery features on Overstock Auctions were hosted by Sellathon. Sellathon was recently aquired by Auctiva which provides services to eBay users.

While the loss of these features may be outside of Overstock's control, it will severely impact an already ailing auction community.

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