Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
https://www.ecommercebytes.com/C/blog/blog.pl?/pl/2018/3/1520110944.html
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Be cognisant that eBay is an auction. Anything can happen at an auction. All you need is two bidders and something can sell for a huge price.
Anyone can list something with a huge starting bid and there is always one born every minute to buy it.
It is in no way an accurate nor fair guide to pricing.
Just my auctioneers opinion... and I could write a book about some people's expectations of auctions.
David Giles
Principle Auctioneer
Sparks Auctions
Ottawa, Canada
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01:07:14am
Did I read the e-Commerce note correctly ?
20% to 30% non-payed for auctions!!!
Does that not ring the bell that warns
that someone is not doing something right ?
In almost twenty years of 'on line' auctions
I have never failed to pay for a won lot
in a timely manner, and probably forty years
of snail mail auctions as well.
Even when I discovered I had entered an "438"
in a Vance Auction that looked more like a "436"
I paid up and wound up with a shoebox
full of Union of South Africa common stamps
suitable for a specialist's study group.
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In the case of the British Cartel guy and US classics, I suspect that as many as 2/3 (66%) of the higher priced eBay sales are ‘non-pay’ (since shill bidding and selling to another one of your own accounts would be a type of non-pay). This has been going on for over 10 years and he has single handedly nullified using any eBay ‘sold’ research on higher priced US Classics stamps. There are literally hundreds of ‘sold’ listings for high priced stamps from him which are not actual sales including many in which have little other sales history.
Don
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We all do it. And this was a sub topic in a recent thread. I saw this on the eCommerce Blog the other day so I thought I'd share the caution. BTW, this is an excellent site devoted to everything ecommerce and keeping up with eBay changes! I have subscribed for years.
https://www.ecommercebytes.com/C/blog/blog.pl?/pl/2018/3/1520110944.html
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re: eBay - Be Wary of Using eBay For Price Research
Be cognisant that eBay is an auction. Anything can happen at an auction. All you need is two bidders and something can sell for a huge price.
Anyone can list something with a huge starting bid and there is always one born every minute to buy it.
It is in no way an accurate nor fair guide to pricing.
Just my auctioneers opinion... and I could write a book about some people's expectations of auctions.
David Giles
Principle Auctioneer
Sparks Auctions
Ottawa, Canada
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this post
Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
09 Mar 2018
01:07:14am
re: eBay - Be Wary of Using eBay For Price Research
Did I read the e-Commerce note correctly ?
20% to 30% non-payed for auctions!!!
Does that not ring the bell that warns
that someone is not doing something right ?
In almost twenty years of 'on line' auctions
I have never failed to pay for a won lot
in a timely manner, and probably forty years
of snail mail auctions as well.
Even when I discovered I had entered an "438"
in a Vance Auction that looked more like a "436"
I paid up and wound up with a shoebox
full of Union of South Africa common stamps
suitable for a specialist's study group.
1 Member
likes this post.
Login to Like.
re: eBay - Be Wary of Using eBay For Price Research
In the case of the British Cartel guy and US classics, I suspect that as many as 2/3 (66%) of the higher priced eBay sales are ‘non-pay’ (since shill bidding and selling to another one of your own accounts would be a type of non-pay). This has been going on for over 10 years and he has single handedly nullified using any eBay ‘sold’ research on higher priced US Classics stamps. There are literally hundreds of ‘sold’ listings for high priced stamps from him which are not actual sales including many in which have little other sales history.
Don
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