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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?

To: DWW II who wrote (700)11/9/1998 11:17:00 PM
From: Jazz102  Respond to of 7772
 
On E-Bay each person decides what an item is worth to them and bids accordingly. If you think something is junk or the starting price too high, don't bid on it. I participate in E-Bay auctions and so far have been very satisfied. I have also at times E-mailed the seller when he is starting an item at a price higher than it is available for locally. The customer determines the market. If no one bids then the item doesn't sell and the seller lowers his starting price if he puts it up again for sale. No one puts a gun to your back to buy anything you think is junky or overpriced. As always let the buyer beware. There is also a feedback system where buyers comment on their dealing with the seller, that keeps things honest.
JAZZ



To: DWW II who wrote (700)11/10/1998 2:12:00 AM
From: Kevin McKenzie  Respond to of 7772
 
stuff is three times as high as it should be

That seems like a testament to Ebay's effectiveness; that Ebay attracts enough bidders to sell items for three times more than they would in one particular area of the country or world.

I still say Ebay is overpriced, but damn, I wish I'd thought of doing it before they did.


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