eBay market Value Notice

[namtrag1]

 eBay has inserted for me right underneath my selling price "eBay Market Value"(how nice)

I sell used items in which there are never two identical in condition.  So eBay throws me under the Bus assuming they know everything about the items I sell.  This basically tells my customers that they would be foolish to pay my price vs eBay Market Value price.

Why can't eBay keep their nose out of my business?

I don't proclaim what eBay's Fees should be in my listings.

[dbfolks166mt]

     Can you provide a screen shot of one of your items that has that? I looked at several of your listings as well as several of my own and I don't see that anywhere. 

[namtrag1]

here you go

[namtrag1]

it's not on everyone but there's enough to make me not happy

[natoman777]

 I also do not see that on any of my listings.  Maybe it is being done for certain brands?  I have sold brooks though and never seen this.  Wondering if someone from eBay can clarify this?

[hartungcards]

When I look at that ad, I don't see it.  It's probably only something you can see on your own ads.  It may just be eBay's way of giving you a heads-up that this item is overpriced.

[lux.ra_14]

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@natoman777 wrote:

 I also do not see that on any of my listings.  Maybe it is being done for certain brands?  I have sold brooks though and never seen this.

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It would be a spectacularly bad idea for books, especially in the antiquarian and collectible category.  No bot or algorithm can assess edition, condition, provenance, and other factors that affect value.

A useless and counterproductive feature, unless it's applied only to identical widgets in new condition.

[susanb1872]

I saw it on the Brooks Cascadia size 8 but did not see it on the Timberlands and a couple others. I agree with you-not good-a computer is compiling the info when items are not exactly alike.

[lux.ra_14]

I misread "brooks" for books.

Same opinion, though, about this new "feature," if that's what it is.

[cardxcraft]

I see it...

 

 

[lux.ra_14]

The obvious problem:

Slapping a $25 "market value" on the seller's  $60 item tells the buyer it's way overpriced. Automatic psychological block. Who wants to overpay?

Worth noting that $25 is the supposed market value, even though eBay also says there's "No recent price trend data."

[lonebuck-books]

Just one more piece of evidence that eBay thinks they can be the next Amazon.  Amazon has been doing a similar thing to sellers with increasing 'punishments' for pricing higher than Amazon thinks an items should be priced.  After getting a huge pile of de-listings from Amazon one day for high price violations on books, I pulled all of my inventory off and left the site after 15 years of selling there.  eBay is going down that same road.  I am glad I am moving on from online sales.  It just isn't worth it or even fun anymore.  Both sites have made online sales a horrible experience because of their greed and their wanting to run my business.  

[valueaddedresource]

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@lux.ra_14 wrote:

The obvious problem:

Slapping a $25 "market value" on the seller's  $60 item tells the buyer it's way overpriced. Automatic psychological block. Who wants to overpay?

Worth noting that $25 is the supposed market value, even though eBay also says there's "No recent price trend data."

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@lux.ra_14 If you click through it will show a single previous sale at that price. There is no "price trend data" because there are not multiple previous sales by which to plot a trend.

eBay introduced a similar feature called Price Guide for trading cards back in 2021 and it suffered from a similar problem - how can the buyer know if they are being shown price data for items that are actually comparable in condition, quality, etc?

For the trading card tool, there was no way to filter by grade, so if you searched for a particular card the prices were all over the place because the card you might be looking at could be a PSA 10 but the ones being compared to where 8 or 9....or vice versa. Since it wasn't an apples to apples comparison, the pricing data was not really accurate or helpful.

While sneakers are not graded in this way, there can be a huge difference between 2 pre-owned pairs of the same shoes depending on wear, damage etc.

So similarly, how is a buyer to know this comparison is accurate? The $25 pair could have been heavily worn, missing insoles or who knows what that would make it an unfair comparison to the $60 pair.

Unless/until eBay can solve for that problem, they should not be putting this info on the listing page, in my opinion.

[coolections]

No one threw you under the bus and your are still living. Ebay gave you a suggestion only. They are not forcing you to list at that amount. In 99% of the cases the seller "should" listen to the suggestion if they want their item sold. I went back and averaged the "sold" shoes. Ebay was really close on their assessment. Yours is priced higher than all others listed.

[namtrag1]

My shoes are not damaged, not heavily worn, they are professionally cleaned, there are no rips or tears, they have clean original insoles and laces. So why should they be valued the same as a dirty, ripped, torn, no insoles, broken laces , etc pair of crappy shoes?

It's like a Used car.  Why are same model cars priced differently?  could it be miles, transmission condition, does the a/c work, are there engine knocks??