08-14-2017 09:48 PM
I have come across a variety of items over the last few years that have ridiculous prices on them. Search for Southern Homewares 6 Pack Glass Stem for Redneck Wine Glass
as an example. Anyone know the reason behind this? I have thought that they are just typos but some sellers have multiple high priced items.
08-14-2017 09:50 PM
Listing place holders..
Listed for one specific person..
Crazy seller crossing fingers, praying somebody buys 'em???
08-14-2017 09:51 PM
That's a dropshipper with aaaaaaaaaaaaaaatrocious feedback who is out of stock and has raised the price to a ridiculous level to keep people from buying, instead of ending the listing.
08-14-2017 09:55 PM
08-14-2017 09:58 PM
08-14-2017 10:56 PM
Why does it matter? You don't like the prices don't buy it.
08-15-2017 12:01 AM
Many of those sellers eventually come here blamming Ebay for lack of buyers. There is nothing you can do but skip them as most of those items have been sitting for years here on Ebay.
08-15-2017 12:02 AM
Some dropshippers do it, but it isn't a common thing with fragrances, which is some of the items I sell.
Often time it is sellers of items that they regularly carry. They have a vendor they regularly purchase from and they just ran out of stock. When it has items purchased on the listing it is a boost in the search returns. So in an effort to protect that, they just raise the price to a ridiculous amount until they can bring more stock in. Once they get their new stock, they revise the listing to be a normal or acceptable price.
Sellers that do this are not trying to bait someone into purchasing at the extremely high rates, they are trying to protect their placement in the searches. But lets say a buyer does purchase something for $600 that normally sells for $15, the buyer owns the most responsibility in doing that. The seller didn't make them or expect them to purchase the item at that inflated amount. The seller did nothing wrong. The buyer however didn't do their job.
08-15-2017 07:43 AM
08-15-2017 07:46 AM
Thank you for all of the replies. I do understand this a little better now. This seller has over 40,000 items for sale and another I came across had about 540,000 items. Apparently there is no limit for some sellers?
08-15-2017 08:21 AM
Two words, Money laundering.
http://abc13.com/feds-isis-tried-to-use-ebay-paypal-to-fund-us-attacks/2301657/
Ever read the news?
08-15-2017 09:00 AM
08-15-2017 09:30 AM
@rolenboy01 wrote:Why does it matter? You don't like the prices don't buy it.
The OP was not complaining about the prices. The OP simply came here to ask why sellers do this. Fortunately, they were given several good responses.
08-15-2017 09:51 AM
@llllady wrote:
@rolenboy01 wrote:Why does it matter? You don't like the prices don't buy it.
The OP was not complaining about the prices. The OP simply came here to ask why sellers do this. Fortunately, they were given several good responses.
The reasons are immaterial.
08-15-2017 10:47 AM
@rolenboy01 wrote:
@llllady wrote:
@rolenboy01 wrote:Why does it matter? You don't like the prices don't buy it.
The OP was not complaining about the prices. The OP simply came here to ask why sellers do this. Fortunately, they were given several good responses.
The reasons are immaterial.
That isn't true. The OP was curious as to why any given seller would do this. It isn't "immaterial" it was simply a question by someone that wanted to UNDERSTAND what would inspire someone to do this. There is nothing "immaterial" about that. Asking question is one of the main ways many of us learn something new. Now of course if learning something doesn't matter, then maybe it would be "immaterial".