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#21
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Thanks. Of course. The point is that neither person should be able to compel any sort of feedback (including no feedback) from the other. I think there'd be more honest feedback that way.
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#22
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I didn’t use it as supplemental income but for fun and hobby, but I have noticed things going very wrong over the last few years -increase in scams, frauds, and rip-offs many folds (if not exponentially) from fake/broken items to buyers doing paypal chargebacks. -increase fees (not a problem if eBay’s services are great), as much as 20% out of final value if you include Paypal. -competitions from other sellers, thus lowering bid prices. -gradually forcing everyone (sellers and buyers alike) to use Paypal (I closed my account recently due to security breach) -increase of winning bidders not paying (this will only get worse with new policy). -decrease of qualities and quantities of items and sellers (in terms of their services). -major shift of auctions from specialty/rare items from casual sellers to common junks in large volumes from power sellers (this make the purpose of eBay pointless as you can get a lot of those in local stores). As for switching to other sites, forget it, either they’re as bad as eBay (Amazon or Craigslist) or they don’t generate enough traffic. Overall, I think ecommerce is oversaturated and even myself I started buying things locally again, with the benefit of touch and see it before I buy. If you sell specialty items that no one else has, eventually you’ll be leaning toward hobby sites. Now for those b!tching about the changes, they are the ones relying on eBay so all the protests and boycotts are futile (they will be back next week) until they realize they're just giving their time/money away and quit ecommerce instead of those who are smart enough to leave long ago when troubles started brewing and said nothing. Also, I have 100% feedbacks since 1998 (aka neofan) and now they're going to take them away, WTF? Last edited by neofan; 02-13-2008 at 08:41 PM.. |
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#23
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What happens if the winning bidder doesn't pay? Do you get stuck with e-bay fees and have to start over?
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#24
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I really miss the time eBay started in the late 90s, frauds were rare, and it was a fun place to exchange hobby with others and it was indeed possible to make money from eBay, but we've all studied Price Theory and know that once more people enter a venture, profits will decline, down to a level that no one wants to do, and climb back to equilibrium level. Last edited by neofan; 02-13-2008 at 01:48 PM.. |
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#25
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You can request a Final Value Fee Credit, which is just getting the money back that eBay charges on the selling price. You don't get your listing fees back and are pretty much screwed if your item is time-sensitive to sell. For example, I collect logo golf balls from the major tournaments and try to sell the extra two from each sleeve I buy. If someone backs out on a purchase or the ball doesn't sell the week of that tournament, you're talking about a 50% minimum decrease in the resell value. In other words, my hobby goes from a break even one to a losing one.
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#26
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#27
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*Logo balls from the early 80's and back can easily bring $50+. |
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#28
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The negative feedback issue hits close to home for me. Several years ago I ordered a sports jersey from a Canadian seller (~2% negative feedback, I was an ebay newbie and thought that was acceptable at the time), which I never received. The seller kept on stringing me along with “let’s wait a little longer, sometimes it takes time to ship to the States.” Finally after 2 months I asked for my money back, which was refused on the grounds that he did indeed mail the jersey. The seller offered to ship me an alternate jersey, none of which were acceptable to me. And by this time, I had waited too long to make a formal complaint to ebay so I was left with no recourse to get my money back.
I then left negative feedback for the seller, who retaliated by giving me negative feedback with very hostile and insulting comments (“Scam buyer! Sellers beware!”). I currently have 7 positive feedbacks, and the 1 negative feedback. I have not used ebay since. I do not believe this is an uncommon experience, and it is my understanding this situation is what the feedback rule changes were meant to address. |
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#29
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eBay does have a near-monopoly on the online auction business, so not that many of the frequent sellers will move to another site, because almost nowhere else generates the high level of traffic they rely on. However, some of them will simply stop selling stuff altogether, as the new fees make it unprofitable to sell low-margin items, or the profitability decreases to the point where some full-time sellers cut back to part time and get a day job instead. Lower-volume sellers will find their way to more specialized sites, such as Audiogon for audio equipment or Switchplanet (which I have been using a lot recently) for used DVDs and CDs. eBay's stock will go down, and I will be buying a short interest in it.
__________________
There has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of guaranteeing such profit in the future, even in the face of changing circumstances and contrary to public interest. This strange doctrine is not supported by statute or common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back. - Life-Line, Robert A. Heinlein, 1939 |
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#30
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I really don't understand how eBay continues to make business decisions that are in the best interests of so few. |
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