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Tool Talk Discussion Forum

Re: UNBELIEVABLE prices on eBay!!

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Rich_WI

12-24-2012 10:00:55
50.50.77.31



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Thats the "craigslist effect", where people price it high and look for a sucker. Whenever you have a listing site that dont charge, you will get a certain number of people pricing things high just looking for a sucker (or somebody that really needs something bad).

For a while, Ebay was really dying, all of the "power sellers" and people running a "virtual store" and no common people selling junk from their basement. The problem was, people selling junk from their basement were the people with deals and what brought people to Ebay. In responce and to encourage the common sellers, Ebay set a policy to make your first 50 items listed per month free from listing fees. Of course this starts bringing the common sellers back to Ebay but it also brings back to Ebay alot of craigslist effect type listings.

Its a vicious cycle but as long as there is money to be made, people are going to be taking advantage of the system.

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bill mart

12-24-2012 10:08:47
69.204.65.189



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 Re: UNBELIEVABLE prices on eBay!! in reply to Rich_WI, 12-24-2012 10:00:55  
What Rich said, Ditto. bill



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