Grossly overpriced items on eBay. Why?
Grossly overpriced items on eBay. Why?
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Discussion

JudgeMental

Original Poster:

7,251 posts

258 months

Sunday 17th February 2013
quotequote all
I've noticed some listings on eBay that are wildly overpriced.

What is the thinking behind this??? Surely no-one actually buys this stuff.

Example: http://www.ebay.co.uk/itm/Lint-Fluff-Dust-Pet-Dog-...

Which can be had for this: http://www.ebay.co.uk/itm/180-DEGREES-SPINS-HEAD-L...

Edited by JudgeMental on Sunday 17th February 14:34

s p a c e m a n

11,723 posts

173 months

Sunday 17th February 2013
quotequote all
They've run out of stock and it's cheaper to list a stupid price than to end the listing and start a new one when they have stock again?

anonymous-user

79 months

Sunday 17th February 2013
quotequote all
It's a keying error, the last one they sold was £1.99

eldar

24,958 posts

221 months

Sunday 17th February 2013
quotequote all
Cock up, probably.

GTIR

24,741 posts

291 months

Sunday 17th February 2013
quotequote all
Who's knows.

What I'd like to know is this. I listed an item on EBay with a reserve and I even said in the text what the reserve was.

Started at £500 and I had three bids which took it to £650.
Why did those two bidders bother bidding?

Is it some kind of illness where they must bid even though they never want to actually buy it or they can't bare to see items with no bids?

Johnnytheboy

24,499 posts

211 months

Sunday 17th February 2013
quotequote all
I've seen certain car parts (consumables IIRC) that have got a silly value by them, e.g. a wiper blade for £150.00.

The text then more or less said that their prices are set by an algorithm linked to their stock level and you should phone before bidding if the price looks too high.

I thought "why not just change the algorithm?"

steveo3002

11,102 posts

199 months

Sunday 17th February 2013
quotequote all
s p a c e m a n said:
They've run out of stock and it's cheaper to list a stupid price than to end the listing and start a new one when they have stock again?
yep, just edit the prices back down once theyre in stock

JudgeMental

Original Poster:

7,251 posts

258 months

Sunday 17th February 2013
quotequote all
"More than 10 available." so no shortage of stock

A £200 bog brush!

http://www.ebay.co.uk/itm/Stainless-Steel-Corner-T...

JudgeMental

Original Poster:

7,251 posts

258 months

Sunday 17th February 2013
quotequote all
thumbup Question answered

TheD

3,142 posts

224 months

Sunday 17th February 2013
quotequote all
On another wee side note I was looking at a spinning rod and the postage was £50 (in the UK) I thought it was a mistake and emailed him, but he confirmed that the postage was £50. For a feckin fishing rod!!

JudgeMental

Original Poster:

7,251 posts

258 months

Sunday 17th February 2013
quotequote all
TheD said:
On another wee side note I was looking at a spinning rod and the postage was £50 (in the UK) I thought it was a mistake and emailed him, but he confirmed that the postage was £50. For a feckin fishing rod!!
I think he was trying to lure you in


getmecoat

browse

355 posts

217 months

Sunday 17th February 2013
quotequote all
JudgeMental said:
"More than 10 available." so no shortage of stock

A £200 bog brush!

http://www.ebay.co.uk/itm/Stainless-Steel-Corner-T...
Free P&P though! smile

anonymous-user

79 months

Sunday 17th February 2013
quotequote all
a slight deviation but auctions can end up more than you can buy off the web, people get Tunnel vision on ebay 'bargains.'

TheD

3,142 posts

224 months

Sunday 17th February 2013
quotequote all
JudgeMental said:
TheD said:
On another wee side note I was looking at a spinning rod and the postage was £50 (in the UK) I thought it was a mistake and emailed him, but he confirmed that the postage was £50. For a feckin fishing rod!!
I think he was trying to lure you in


getmecoat
clap

mph1977

12,467 posts

193 months

Sunday 17th February 2013
quotequote all
there is also a factor of playing to wannabes who might not know where the original puirchase was made ...

there was aperiod a few years ago where a 'paramedic coat' would regularly raise over 100 gbp on ebay when the price new at retail was 80 ish and at wholesale 50 -60 ...

CRA2Y

2,632 posts

230 months

Sunday 17th February 2013
quotequote all
Yesterday I was shopping for Big Cheese mouse traps, unlike 800 or so others I chose to buy 3 for £20, rather than 1 for £18.

I really, really, really do not understand it - and I guess I never will (not as if they aren't on the same page, same category etc - though I suppose the lower priced one appears higher in the listings, so MUST be the better deal!)


Seems you could just list stuff that's described badly, then just purchase one once you've sold it. One guy is selling fans for £100, and another for £50. Both have customers, just different descriptions / categories.

2 sMoKiN bArReLs

31,862 posts

260 months

Sunday 17th February 2013
quotequote all
Unrelated(ish) but I often sell an item by auction for say £20 that's also on as a buy it now for £10. That's the weirdness of eBay!

Johnnytheboy

24,499 posts

211 months

Monday 18th February 2013
quotequote all
The Spruce goose said:
a slight deviation but auctions can end up more than you can buy off the web, people get Tunnel vision on ebay 'bargains.'
Yep - I spent ages trying to buy a particular old jazz album off ebay, and was repeatedly outbid beyond the price you could buy a new copy on Amazon.

That was pretty much the point I gave up buying CDs off ebay.

jshell

12,009 posts

230 months

Monday 18th February 2013
quotequote all
The Gold Rush is the best I've seen!

There are many listings where folks have bought gold investment bars from Baird and Co of London and then listed them on ebay for an extra 10 or 20%. These bars do sell as many gold investors simply buy from ebay thinking they're getting a 'deal'. Anyone can mail order from Baird and get genuine investment bars of a few grams up to kilo bars.