"The hunger for love is much more difficult to remove than the hunger for bread."Mother Teresa
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Ebay Auction Pricing Strategies.
If your items aren't selling, then you might have a bad pricing strategy. There as many pricing strategies in the world as there are buyers - if you look at two businesses selling the same thing, often the only difference you'll be able to find between ...
Learn How to Sell on eBay Book published by eBay Selling Expert
Certified eBay educational specialist Doug Luthringer has released a self-published eBay selling book titled "This is the Way to Sell on eBay: Personal Lessons to Successful eBay Selling" this week on his website http://www.Thefastmall.com. "I wrote this ...
Scam, Fraud and Phishing - How To Avoid The eBay Plagues
If you surf around a little on the internet, you can't avoid hearing of the countless people, that have been scammed at eBay. It seems as if scam, fraud and phishing mails have become the plagues of eBay nowadays. It's easy to complain about all those ...
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There is as a lot of buzz about shill bidders on the eBay forums. But in actuality, shrill bidding isn't that common and is rather easily detected.
A buyer will sometimes attempt to use shill building to raise the price of merchandise he is selling. The idea is that the shiller will bid increasingly high prices, in the hope that legitimate buyers like you will top the artificially high prices in an effort to win the goodies for sale.
Here are five ways you can recognize a shill bidder:
1. Few shill bidders will have any feedback. This is because they never follow through with transactions and therefore don't have anyone to leave feedback. If the shiller does have legitimate transactions on ebay, he is usually smart enough to use a separate ID, because he does not want to get caught shilling and lose all buying and selling privileges.
{It is important to note, however, that just because a bidder has no feedback that does not mean that he is necessarily a shrill bidder. This may simply be a new account that has not had time to build a feedback reputation.}
2. Generally, a shiller only bids on the auctions of a particular seller. When in doubt, you can check the current and completed options of a seller and see if this shiller has bid on other auctions by the same seller.
3. Shill bidders are most often newbies. You can check the feedback, and the date that the eBay account was created, for any ebay member. If the bidder's account was created two days ago and he is bidding on several auctions of the same seller, you can be pretty certain about what is going on.
4. eBay has ways of the tracking shillers. Of course we don't know everything they do (and if I did know I wouldn't tell!) but some clues all are dead giveaways. For example, if the seller and the bidder have the same IP address, eBay knows to take a closer look.
5. Shill bidders retract many more bids than normal buyers. eBay does allow any buyer to retract a bid, although this is only supposed to occur for specific reasons. But in actuality, a retraction is rarely challenged and ultimately what can eBay do? It cannot force a person to pay for a particular item.
It is wise not to use this option on a frequent basis. Remember that your eBay behavior deal is constantly tracked. A retraction is considered to be a "black mark" on your reputation so don't do it very often. Shillers, on the other hand, don't care because they're unconcerned about their reputation. If caught, they simply open a new account.
Sometimes a shiller is the high bidder at the end of an auction. In that that case, the seller and buyer can agree to cancel the bid, rather than retract it. However, all this takes a lot of work, planning and effort. In the end, shill bidding is rarely worth the trouble and time. Instead, smart sellers spend their time finding products and writing listings - the two basic moneymaking activities of an ebay business - instead of plotting how to raise profits on individual listings. Success in business is about efficiency.
About the Author
Learn how to sell on eBay with 16 hours of online instruction taught by a 10 year eBay veteran. Own an eBay business instead of an eBay hobby.
http://www.auction-genius-course.com
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It came from eBay: GameCube development discVentureBeatIt came from eBay often focuses on weird and ridiculously overpriced auctions on eBay, but today's item is a little more affordable -- it's just useless. This weird game-development trinket is a GameCube NR (not retail) disc. |
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