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Advertising on eBay by listing your items at enormous prices

DCWDCW Posts: 7,461 ✭✭✭✭✭

Increasingly, I've noticed items on eBay priced at 5, 6, even 10 times what something is worth. Oftentimes, a Stacks auction ends and someone relists the same item on eBay for multiples of what it brought just a few days prior.
Is this some kind of advertising ploy by the sellers? You see something interesting that you know is overpriced in the five figures range while browsing and you've just got to check out their other stuff?
I suspect so. Some of the same material in a thin market is there for years with no real expectation to ever sell. Must be click bait, right?

Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."

Comments

  • U1chicagoU1chicago Posts: 6,193 ✭✭✭✭✭

    It could be clickbait or a hope that someone offers 50-75% off the list and feels like they got a deal while the seller still makes a profit (doesn’t seem like it would work but maybe it does for some).

  • djmdjm Posts: 1,563 ✭✭✭✭✭

    I see this with new tow trucks listed on eBay with a BIN of 888,888.00. I think they want you to call for a quote rather than shopping their real price around for a better deal.

  • tokenprotokenpro Posts: 883 ✭✭✭✭✭

    Most of the time on the exonumia side it's several known parties that are just playing the OBO game or sometimes to draw customers away from the eBay site.

  • Steven59Steven59 Posts: 8,963 ✭✭✭✭✭

    Every now and then they may catch one..........

    "When they can't find anything wrong with you, they create it!"

  • jmlanzafjmlanzaf Posts: 35,105 ✭✭✭✭✭

    I don't think there's any one reason that accounts for all of them.

  • HillbillyCollectorHillbillyCollector Posts: 640 ✭✭✭✭✭
    edited September 22, 2023 10:26PM

    Too many variables as to why people do what they do.
    I never try to get into a sellers ( or buyer’s) head, It will drive you nuts!😂
    If you’re interested in something, know the value for yourself, and make an offer or just pass it on by!😉

  • 291fifth291fifth Posts: 24,433 ✭✭✭✭✭

    There seems to be a lot of "dumb" money out there these days. These sellers are just hoping to score big, really big, by attracting some of it.

    All glory is fleeting.
  • RobertScotLoverRobertScotLover Posts: 973 ✭✭✭✭✭

    Just more bad people lurking on ebay, nothing new, its a shame, but it is what it is.

  • johnny9434johnny9434 Posts: 28,585 ✭✭✭✭✭

    @djm said:
    I see this with new tow trucks listed on eBay with a BIN of 888,888.00. I think they want you to call for a quote rather than shopping their real price around for a better deal.

    I heard if they want you to call for a quote don't (unless if you want to purchase it). I hope some one chimes in if this sorta wrong, jmo

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