Researchers Discover Why People Overbid on Ebay: Fear
Ever wondered what causes the spate of wild bidding in the last few minutes of an Ebay auction? Scientists say they now have answer: The irrational behavior is caused by people’s fear of losing, not their desire to win. While economists have recognized the concept of “loss aversion” for some time, a new set of experiments used brain scans and lab experiments to show how strongly the phenomenon plays out in auctions, and how it’s tied to overbidding.
eBay Top Paid Search Term in August
Hitwise releases new Paid and Organic search data Office Supplies category receives the most paid search traffic
eBay Said to be Shopping Stumbleupon
Techcrunch is reporting that eBay is shopping StumbleUpon, a website recommendation service. The blog quotes a source “with knowledge of the sale process” as saying eBay has hired Deutsche Bank to help find a buyer.
eBay power sellers change tack
WHILE some of eBay Australia’s early millionaire power sellers have moved from the traditional seven day auctions to ‘buy-it-now’, other eBay alumni have given up altogether.
DealsDirect, DinosaurDeals and iSold-it businesses are all examples of local e-tailers made good; others, such as shoe importer Kittenzcatua, are less enthusiastic, saying the system favours the top sellers over the little people.
New Pricing for Fixed Price Listings Takes Effect
Ebay new pricing structure for Fixed Price Listings takes effect. This was announced August 20.
Fixed Price Listings will be for 30-day duration at the new Insertion Fee of 35 cents, and 15 cents in Books, Movies & DVDs, Music, and Video Games. There are also changes in the FVF. Sellers are advised to check here as FVF for certain categories have increased.
Also starting today and through the end of the year, there will be a special promotion of 5¢ Fixed Price Insertion Fees for Books, Music, DVDs & Movies, and Video Games when you list with pre-filled item information.
Is selling on eBay now more trouble than it’s worth?
Placing all recent rip-roaring rage at eBay aside, let’s look at this question logically. “Is selling on eBay now more trouble than it’s worth?”
We all know there’s enough anger, fear and confusion among eBay sellers lately to fill up a Gmail cache. But let’s place emotion aside for a few minutes to study my latest finding with my own eBay listings.
eBay Suing Digital Point over Cookie Stuffing Scheme
eBay has filed suit against Digital Point Solutions, best known as the owner of one of the more popular web site owner communities, and others over an alleged cookie stuffing scheme.
EBay Sellers Try Out Alternative Shopping Sites
We’ve covered all the eBay seller complaints, and how some recent changes in eBay’s fee structure and credit-card payment requirements are sure to make sellers even more disgruntled. But what are the alternatives?
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