Does it ever bother You When....
thedutymon
Posts: 4,323 ✭
You see Seller after Seller with some ludicrous price on an item that there is no way in the world anybody is ever going to pay it?
I have lately been following several Sellers that just don't seem to have a clue. These examples pertain to Non Sports, but I am sure the Sports guy's see the same thing.
Example #1 Over the last few years this item has sold for $300-$400 for a Cello Box of 36 Unopened 1966 Topps Monster Laffs Cards. This clown is asking $2500 for the box.
Example #2 Seller has numerous really low grade Non Sport and Sport 1956 Topps Hocus Focus cards, items should be in the less than a dollar to maybe a couple of dollars each at most, and he has them from $29 to $79 each starting prices.
Example #3 Waxpacked Earth or whatever it is has tons of Boxes, packs, ect that he is asking Thousands to Tens of thousands of dollars for. I have been looking at the same overpriced items in his inventory for some going on 3-5 years and they haven't sold. What is this business model????
Example #4 I watched a guy with an unopened Non Sport Wax pack from the 60's which I have bought over 30 of them in the last few years for $5-15 each. He has had the same pack listed for at least two years, he is asking $75. I e-mail him and offer him $15 bucks along with the auction numbers to two auctions where I just won the same item for $7 bucks and $13, he gets all huffy and tells me I am an A$$Wipe and is going to report me to E-Bay for unsolicited e-mails.
Don't these guy's ever get a clue and lower their prices???
What is the business model that lets them pay over and over the listing Fees for stuff not to Sell?
Neil
I have lately been following several Sellers that just don't seem to have a clue. These examples pertain to Non Sports, but I am sure the Sports guy's see the same thing.
Example #1 Over the last few years this item has sold for $300-$400 for a Cello Box of 36 Unopened 1966 Topps Monster Laffs Cards. This clown is asking $2500 for the box.
Example #2 Seller has numerous really low grade Non Sport and Sport 1956 Topps Hocus Focus cards, items should be in the less than a dollar to maybe a couple of dollars each at most, and he has them from $29 to $79 each starting prices.
Example #3 Waxpacked Earth or whatever it is has tons of Boxes, packs, ect that he is asking Thousands to Tens of thousands of dollars for. I have been looking at the same overpriced items in his inventory for some going on 3-5 years and they haven't sold. What is this business model????
Example #4 I watched a guy with an unopened Non Sport Wax pack from the 60's which I have bought over 30 of them in the last few years for $5-15 each. He has had the same pack listed for at least two years, he is asking $75. I e-mail him and offer him $15 bucks along with the auction numbers to two auctions where I just won the same item for $7 bucks and $13, he gets all huffy and tells me I am an A$$Wipe and is going to report me to E-Bay for unsolicited e-mails.
Don't these guy's ever get a clue and lower their prices???
What is the business model that lets them pay over and over the listing Fees for stuff not to Sell?
Neil
Actually Collect Non Sport, but am just so full of myself I post all over the place !!!!!!!
0
Comments
I was honestly thinking of beginning a thread for this very topic because this is becoming more and more prevalent -- especially as sellers gravitate towards BINS, rather that the standard auction format. I collect 1915 Cracker Jacks, and the dozen or so BIN examples on Ebay are ridiculously priced -- in some case many times over SMR. And, again, these prices remain unchanged month after month after month. Maybe these guys are so heavy into the cards that they can't afford to take a hit, or, a more likely scenario, is that they're just trying to land a big fish. It seems as if we have very few alternatives: We can either take it in the rear and buy the dang thing, or wait much, much longer to complete our sets as we search for more realistically-priced collectibles? Any suggestions out there???
Scout
psacard.com/psasetregistry/publishedset.aspx?s=223023&ac=1
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
psacard.com/psasetregistry/publishedset.aspx?s=223023&ac=1
there's probably an endless number of reasons why certain sellers list their items for more than what most
buyer's would pay.
... Seller is selling on consignment and the consignee sets the price.
... Seller is optomistic and is waiting for the impulse novice buyer to come along.
... Seller is stubborn and refuses to sell for less no matter what.
... Seller doesn't want to lose his/her original investment.
... Seller is oblivious of current values.
... Seller has a store that only costs him/her 3 cents to relist every 30 days.
... Seller actually believes that his/her price is fair.
and so on, and so on ...
I've often wondered the same thing many times.
I contacted a seller a few years ago about a certain high priced card, trying to be helpful,
and I was told to mind my own business and that he knew what he was doing. The card still hasn't sold
I'm sure more of the guys can come up with many more examples.
PoppaJ
Mike
I price my BINs at retail. I could NOT care less if anybody buys them.
BUT, many folks DO buy them; it is just a waiting game.
...........
When I run a best-offer BIN, I have no problem with low-ball offers;
I use auto-accept/decline.
IF I get an unsolicited lowball offer - on an item that is not BO - I
usually put the offerer on my BBL.
I NEVER communicate with a lowballer, or send nasty emails.
MY items, MY prices. Take IT or leave IT. If you leave IT, I'll keep
IT, until somebody else takes IT; and, somebody WILL take IT.
MILLIONS of eyeballs make individual eyes virtually irrelevant.
Patience is ALWAYS rewarded on EBAY.
.........
I am NOT suggesting that other folks should use my model; ONLY
saying how I do it.
Only smaller sellers will do the traditional auciton in the future. I could also see someone needing quick cash using the auction format but not these bigger guys.
I think its' the way Ebay wants it to go. They want higher sale prices and auction format ensures low or fair pricing more often than not.
/////////////////////////////////////
Yup.
Once the BIG BOX guys get into full-swing, EBAY will be "different" than it is today.
SEARS is starting to make a bigger push, and COSTCO is being pitched hard.
COSTCO could list THOUSANDS of returns/refurbs/overstocks, everyday; if
they got the right deal.
........................
It is widely speculated that EBAY will bifurcate the auctions in ways that we
have not seen yet. Collectibles could also get a seperate site; that would
be good for all of us, but would hurt some commodity sellers, who would
lose potential shoppers.
RIP GURU
Well I hear what you are all saying but do have some counterpoints to the explanations as to why this is getting so prevelant. And I understand and agree with Storm as to the General direction that Fee-bay is taking. Fixed price, BIN is the wave of the future, but it isn't here yet.
... Seller is selling on consignment and the consignee sets the price.
Then Seller is doing Disservice to their consignor...I occasionally sell items for others and would never let the owner set an Unrealistic Pie in the Sky Price. The object is to sell the item and get my percentage. If the an Owner insists on some rediculous price or no room to negotiate or reduce price, I have no interest, find somebody else to Sell your item.
... Seller is optomistic and is waiting for the impulse novice buyer to come along.
I price some of my items like this as well, but the argument doesn't work when you price an item 5-50 times fair market value! And leave it there for Years!@!!
... Seller is stubborn and refuses to sell for less no matter what.
Stupid Seller...need to hand them the gun to shoot selves in the foot! An item is only worth what another person will pay you for it, regardless of guides, opinions, ect. Hopefully Seller sells nothing and goes away!!!!
... Seller doesn't want to lose his/her original investment.
Hopefully this doesn't happen too often but occasionally I sell items for less than I have into them. Time to Man Up and admit you misjudged the Market, get what you can get out of an item and move on!! I usually do this after 5-10 times listing an item and or about 6-8 months.
... Seller is oblivious of current values.
DumbA$$$...has no business being a Seller and I hope nothing sells and you disappear quickly!!!!
... Seller has a store that only costs him/her 3 cents to relist every 30 days.
Pretty much already answered, There becomes a time to sell and move on.......!!!
... Seller actually believes that his/her price is fair.
DumbA$$$...has no business being a Seller and I hope nothing sells and you disappear quickly!!!!
Neil
1994 Pro Line Live
TheDallasCowboyBackfieldProject
Steve
Even if it is an item that I just have to have I don't think it would bother me.
Sadly I have more important things that bother me then what someone else is selling their items for.
Steve
If that person wants to continue to dream that they can sell a $300-$400 box for $2,500, I wish them the best of luck. Maybe they'll get lucky and dupe somebody. On the other hand, I've had far better luck by setting a reasonable price and going after volume.
I do not barter with people when I have a "Best Offer". I either accept it or decline it. Too many morons on ebay want to debate you on their prices. If it's too high, I look elsewhere, if its too low, I snap it up. Honestly, if someone had a legitimate Mantle RC on ebay with a BIN of $1000, would you argue with him that his price is too low?
No I guess my title was a little off, should have been, Do You get a good laugh when.....
It doesn't bother me when somebody puts a rediculous price on something. I really don't care, was just making conversation, because I always wonder about Business practices that I don't see working, or why somebody would do a specific thing. In order to make myself a better Seller in the long run I want to know what works and what doesn't, that's why I ask questions of this board.
I just opened my store a few months ago, after 10 years of auctions, so I still have lots of questions.
So when I ask a question like that it's because I would like to understand what part of what somebody is doing, and why, that doesn't make any sense to me.
In other words, a lot of what I mentioned can be explained with most of the reasons mentioned in this thread, but if there are any I didn't know about that I could use in my business......Well then I am going to use them.
And that's what threads like this are supposed to be about...Discussion for enlightenment!!!!! Knowledge, not because somebody cares or doesn't care about what some other Seller is doing, a lot of times, to just be sure I am not doing the same DumbA$$$ thing!!!
Neil