Deadbeat Bidders Hurting eBay
from the the-other-side-of-the-coin- dept
There have been a ton of stories about fraudulent eBay sellers, but here’s an interesting look at deadbeat bidders on auctions. These are people who bid the auction up to ridiculous levels, and then simply disappear – never responding to any attempts to contact them. This basically voids the sale, makes the sellers lose their listing (and possibly marketing placement) fees, and forces them to take the time to relist the items. Some people think the deadbeat bidders are just kids with too much free time on their hands who think they’re being funny. However, others have a more sinister theory. Since there has been a large number of Cisco routers faced with deadbeat bidders, some think that a rogue eBay seller of Cisco routers has purposely bid up the price on many other sellers to force people to buy from him at higher prices. It actually does make a lot of sense. eBay says they’re looking into it, but as with many things of this nature, many sellers think eBay is moving too slowly.