99 cent Auction Part II

I hear you say... how about those eBay Powersellers who start their auction at 99cents and have the ebay powerseller status... A Powerseller status indicates the person has a turnover of $2000 per month for at least 3 months and this must be maintained as well as feedback must be maintained over 98%.....Surely if the propaganda by ebay is not correct then these power sellers would not be power sellers ....Right???!!!!!

Well first thing you need to look at is what products are they selling, are they the genuine article or is it simply a fake/ reproduction, does the powerseller have high postage fees to help recover some of their loss in case the bid price does not meet the cost price, or do they simply sell the article and the bulk of their inventory consist of high value items..

There is another possible alternative... That is they use an alternate id to help raise artifically the bidding price of the item, this means that there is one or more ids in the bidding history of an item which belong to the same powerseller... because they know that when you start an auction at 99 cents then sometimes you will get a great price but you only need to get a low price several times before you realise that you are losing money and along with the ebay fees it is becoming a losing business very quickly...

ebay was set to free the housewife and help clear out the garage of all the items.......... and as the stories go on those current affair shows then there is supposedly $3000 in the garage waiting to be sold.... the current affair show then proceeds to show several women who have left their job of are now selling online....

FACT once the garage is clear and you have sold all your items you need to replace these items, next you need to recover the investment you make in the new items and the cost of these items will be fairly considerable..

When you start to sell the items you quickly realise that you need to start at the price you have bought the item at to minimise any loss

The powersellers who do make a living out of selling low priced items know how the system works, they understand how to create multiple id's, they know how ebay track and check if a person is shilling and take measures to prevent ebay from tracking the activity, they know that you need to purchase multiple items from other sellers to diver attention, but most importantly they know that as long as you are not obvious then ebay will not dow anything as they recover their fees and according to the new ebay user agreement (Success with ebay: New eBay User Agreement in Australia ) then you indemnify ebay from any liability arising from you being scammed..

My next article will be on how can ebay prevent the scamming

written by aus ecom connections

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