Seller's market

From: Ward D. Griffiths III <gram_at_cnct.com>
Date: Sat Mar 27 06:28:07 1999

On Sat, 27 Mar 1999, Mike Ford wrote:

>
> The completion rate figure I have seen for eBay is 70%. Out of that 30%
> that don't go through, a lot are from people who choose to list with high
> first bids, ala the guy who keeps about 100 auctions going all the time,

That's where Ebay has a disadvantage over real (in-person) auction
houses. The ones I've been in often have a staff to check the
bonafides of such bidders, such as if they try to walk away without
the merchandise they promised to buy, they do so on broken legs.
--
Ward Griffiths
"the timid die just like the daring; and if you don't take the plunge then 
you'll just take the fall"                                Michael Longcor
Received on Sat Mar 27 1999 - 06:28:07 GMT

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