Your logic escapes me
People list for 10 days, because ebay is like advertising.
If you put an ad in the newspaper for 3 days instead of 10 days
of course you are going to spend much less in listing fees.
Sniping has nothing to do with 3 or 10 day listing fees.
Sellers don't accumulate more bids from longer listings,
they get more potential bidders to notice their auction,
that's no different then my newspaper analogy.
You can snip just as effectively at 33.3k as on DSL.
all you have to do is load ebay into several windows
to bid, instead of just the one, and use a watch with
seconds on it. I do it all the time very effectively,
and I'm online at 54.4k
Sniping is the sellers own fault for not setting a
minimum or buy-it-now. Using reserve is just stupid,
you leave bidders guessing what the reserve is, and
many just end up retracting bids if it's too high.
Snipers also lose out on side deals, so I usually low
ball an auction 2 days before in hopes a seller will contact
me privately. Then I snip if the auction is my only change.
Even snipers have to research what the going price is
for an item so they can set their maximum bid price.
I don't understand why you even brought up the subject.
It has nothing to do with ebay the stock or it's earnings.
There is a separate thread on SI for ebaY gripes.
perhaps you are better off posting there.
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guessing reserves reminds me of asian marketplaces.
when you buy in a european or arabic farmers market,
you ask the price, you get a number, and you bargin.
in asian markets they say "how much you pay?" because
they respect people who know prices. so if you smart
the buyer gives the sellers Cost number, and seller
smiles and says, "how I go to make a living?" and
they bargin Up to a price the seller's comfortable.
This barter system is retarded for most buyers who
don't have a clue how much seller items really cost. |
