Aggrazel's Journal: Worthless eBay

eBay announces they are raising rates.

If I was another auction site like yahoo or amazon, I would be advertising HEAVILY over the next month. Ebay raising rates 60% is ludicrous, a lot of people were already barely making a decent margin, even some of the larger sites. Now they increase it this much and people won't be making a profit and therefore will have no reason to sell there.

I don't understand eBay. For one thing they let sniping go on ... its pretty easy to stop sniping, anyone with half a brain can figure out that sniping leads to lower auction closes and therefore ebay makes less money because of snipers but they refuse to stop it (easiest way is just to make the auction so that it closes 5 minutes or so after the last bid, more like a real auction). Now they raise their rates so high that even hard core ebayers are crying foul.

Frankly, I'm done with it. I'll either sell my crap on Anandtech or maybe Yahoo Auctions, and I'm never buying from eBay either because I know the people selling there will have to inflate their prices to make up for the eBay hike.

All of this so they can continue their stupid broadway musical ads during the superbowl. What a waste ...

I wonder...

[TechnoLust]

how this will affect NuMarkets [numarkets.com]? It's a new business that basically takes your stuff and sells it on eBay for you. I have a friend that works there. There are several locations across the US, most of them in TN.

Re:I wonder...

[Aggrazel]

You know, when I was on the bench for a while I thought about doing that, but I decided not to as I didn't want to get mixed up with stolen crap. How do they keep people from selling stolen crap through them?

Re:I wonder...

[TechnoLust]

uh... I have no idea. :-)