Why Do Most eBay Sellers Shoot Themselves In The Foot??
MisterBungle
Posts: 2,308 ✭✭✭
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They might have a decent coin. One you might be
interested in dropping a bid on, but...
1. They have a picture of the coin which is about
the size of my fingernail.
2. Their picture is so blurry, you can barely tell
what denomination it is.
3. There is no picture at all.
4. Their past feedback is so bad, you wouldn't
buy the coin from them at any price.
5. All sales are final.
Are these guys so stupid that they don't realize
why they aren't getting the prices that others
are for their coins??
Wait...don't answer that!!
~
"America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.
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Comments
``https://ebay.us/m/KxolR5
What you are describing is very often done on purpose (except the negative feedback). They don't need or expect "full" prices because they are usually getting a dollar for every 10 cents "worth" of coin that they are selling.
Hope that's clear.
Joe.
Semper ubi sub ubi
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
> "...they are usually getting a dollar for every 10 cents "worth" of coin that they are selling."
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Wow joe...
I don't know how you did it, but you managed to
be more of a cynic than me!!
~
"America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.
<< <i>> "...they are usually getting a dollar for every 10 cents "worth" of coin that they are selling."
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>>
4. Their past feedback is so bad, you wouldn't
buy the coin from them at any price.
I contend in this case, it's the buyer who's getting shot, but not in the foot
``https://ebay.us/m/KxolR5
<< <i>why ask why? >>
Why not?
On the other hand, I have bought blurry coins for cheap from "average joes" and gotten either hairlined coins or nice coins. It averages out. I DO think that there is significant arbitrage opportunity regarding these people shooting themselves in the foot.
The reverse is also painfully true. You stand a good chance of getting burned..... again, just check some of the posts here.
I've had both. But the bad ones were painful enough (and time consuming enough) that I will no longer bother when there is any question in my mind. I am of the opinion that the vast majority of the auctions you are describing are intentional..... technology now days makes it pretty darn easy to get a reasonably decent photo. sometimes it may take more than one effort to get a decent photo.... but if the seller does not want to take the time to do so, they probably won't want to take the time to make a transaction right if you are not pleased with it.
After you have done business on eBay for a while, sometimes your gut feeling can tell you alot. Listen to it.
Are these guys so stupid that they don't realize
imho, "YES"
What really gets me scratching my head are the auctions with adbsurd and/or very rude terms. For example, "don't you dare bid on this auction if you don't pay me immediately, and I have the right to tell you to fly a kite, and heck no I ain't gonna combine shipping, and I ain't leavin' ya feedback until you leave me feedback, blah, blah, blah." It think one should have to pass an IQ test before being allowed to register on eBay.
Increased bids and final values more than compensate for the PayPal rake, for most moderately priced coins (~$10-$1000). Why don't more sellers realize this?
>"What really gets me scratching my head are the auctions with adbsurd and/or very rude terms"
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Yes!!
If your goal is to get as many people as possible
to bid on your auction, then why would you be
so nasty in your terms??
I've read item descriptions that have no words
at all describing the coin, but ramble on and on
about what kind of nasty stuff they will bring
down on you if you don't pay within 7 days.
I guess it's what you get when you let just
anybody sell on eBay.
~
"America suffers today from too much pluribus and not enough unum.".....Arthur Schlesinger Jr.
No returns guarantees the scammer seller can move on and fry more fish. Ebay is a very big ocean.
Lousy feedback almost always means lousy coins. Even 100% feedback is no guarantee of nice coins, but bad feedback moves up the odds of scam to very high. Add in no returns and it is a lock.
The scammers are actually getting a lot more for their crappy coins than legitimate sellers with good images and good feedfack. They know exactly what they are doing and laughing all the way to the bank.
Because they can always buy another foot on ebay.
-David
That word is "ineptness." A clever seller could do deliberate things in his/her auction (post poor images, "bait" with irrelevant price guide information,etc.) and effectively sell to one of the many inept buyers that might see his/her auction. On the other hand, a clever buyer might be able to get a wonderful bargain purchase from a truly inept seller. I suspect that there are a lot more inept buyers than sellers on ebay, however.
The measure of intelligence is the ability to change.
Albert Einstein (14 March 1879--18 April 1955)
<< <i>True, some might be purposefully done but I would think not everyone has the latest and greatest imaging equipment and/or the knowledge to use it to it's fullest potential. How many threads can you spot on this forum from people who want to know how to do this, that, or the other with an image? >>
A $40 dollar scanner will do better pic's then a lot of the ones some seller put in their auctions.
1969s WCLR-001 counterclash
Why bother trying to sell a coin with only one obverse picture and no reverse picture? I am tired of asking sellers to send me pix of reverses of coins. If you notice an auction with only a few hours to go, it may be too late to ask for more pix. Of course if no one else asks for pix of the reverse i would have the advantage in bidding if the seller sends me them. i have gotton a few bargains this way but i still would rather have both pix in the auction and save my time.
I think some of the other reply's got it right. A lot has to do with ineptness or just plain laziness. Some are meant to decieve, while others are clueless.
A lot of people have been stung by using paypal, there are some bad egg bidders that will use paypal and then file a dispute for no reason. I notice that there are less and less people accepting paypal. I don't trust taking paypal myself too much but i do take it. I love using it to pay for things however. SOOooo easy. JMHO. Bob
<< <i>A lot of people have been stung by using paypal, there are some bad egg bidders that will use paypal and then file a dispute for no reason. I notice that there are less and less people accepting paypal. >>
Curious, I notice just the opposite. And especially if you move out of the coin realm, PayPal is practically ubiquitous.
If you're doing business online, you need to have some sort of online payment mechanism, whether it's PayPal, Google, or whatever. Mailing checks is just soooo 20th century.