An e-bay observation.

[tommywishbone]

I buy the occasional item on e-bay... bicycle parts, powerbars, stuff. Lately most items I bid on are constantly being bid up to close to retail. Has the whole bidding world lost it's mind?

Speak on this.

 

[ModeEngage]

Time to make some money, imo.

 

[SirChadwick]

shill bidding FTW to the seller!

 

[mcvickj]

Welcome to eBay. People get caught up in the bidding aspect of it too much and forget what they are bidding on.

 

[Ika]

I think the things that have small supply and small demand sell for around retail price.

Things that have big supply and small demand sell for a lot less than retail.

Things that have small suppy and big demand sell for a lot more than retail.

Those are the observations I've made...

 

[CraigRT]

It's because people who buy on eBay always think it's a good deal.

It is infact, my last resort.

 

[shortylickens]

Originally posted by: CraigRT
It's because people who buy on eBay always think it's a good deal.
It is infact, my last resort.

Good point.
Ebay was great when it started, but it got a little too popular and now its abused like every other form of commerce we have.

 

[2Dead]

its one thing if you close to retail for something that is still new, i don't get why people bid for a used item to within $5 or $10 to what it would cost retail.