Shill bidders at it again...

Hintza

bribrian wrote:

Price integrity in the market !!! = Artifical high prices !!!

Or from my point of view it = from selling at artificially low prices..........if the price remains low and no one out bids me I buy it and then I sell it. If I lost money I wouldn't do it. De facto the price can not be artificially high if there is a turn in it for me.

Hintza

What EBay says:-

"Shill Bids manipulate auction format listings or involve bidding by individuals with a level of access to the seller's item information not available to the general Community. They are placed, or caused to be placed, by the seller or bidders associated with the seller."

Let's take the first sentence:- yes I am guilty, I have access to the seller's item information...I have reserached my market over weeks and months of diligent research I know what the item is worth to others either by correctly worded listings or sold in the correct category or better photos or sold off ebay.

Now let's take the second sentence:- not guilty, I do not work for nor am I associated with the seller in any auctions I bid on.

So I am not nor will I ever have to be a shill bidder.

gromituk

This is worse than quoting from the Bible to suit whatever cause you want to be punting at the time.

bribrian

We'll just have to agree to disagree on this one as i've said before, there's no such thing as an artifical low price in an auction as it has been proven that starting an auction low encourages more bidders & creates a bidding 'fever' thus ensuring a high value (& i'll agree, not always).

Hintza wrote:

ensure price integrity in the market I'm selling in.

No matter what angle i look at it from, "to ensure price integrity in the market i'm selling in" means what it says, artifical manipulation of the value of an item.
That may not be shill bidding but in my humble opinion it's 'not cricket'...

Oh!, nearly forgot, i reported the shill bidders from my original post so hopefully ebay will slap their wrists....

jaffa30

Hintza

What ever way you look at it you are making sure the market on the item is bouyant .
Imho you are no better than a ebayer who gets a mate to push the price up.

i am surprised you even admitted to to it

please leave your ebay id hintza so i know not to bid on your items
As i really dont want to pay over the odds for any of your items

Jaffa

Alleycat

Hintza wrote:

...and that I often bid on competitors items to ensure price integrity in the market I'm selling in.

In my humble opinion, the way I read it was bumping up the price of a competitor's item so they aren't undercutting you and the buyer can't get a better deal elsewhere.

juno

But if people are willing to pay £120 (or whatever) for the same item from Hintza how is Hintza buying the item at £100 creating an artificially high price?

Alleycat

juno wrote:

But if people are willing to pay £120 (or whatever) for the same item from Hintza how is Hintza buying the item at £100 creating an artificially high price?

By buying an item to sell on at an inflated price, it is stopping others who actually want the item to use from buying it at a cheaper price.

It would be like Tesco's nipping into Morrisons and buying up all their cheaper priced heinz beans so people would be forced to go to Tescos to get them.

Slightly different scale, I know, but it was the best analogy I could think of at this late hour.

Hintza

Alleycat wrote:

It would be like Tesco's nipping into Morrisons and buying up all their cheaper priced heinz beans so people would be forced to go to Tescos to get them.

You make it sound like I'm one of the Hunt brothers....lol

Hintza

jaffa30 wrote:

please leave your ebay id hintza so i know not to bid on your items
As i really dont want to pay over the odds for any of your items

Jaffa

Why not just research your market....like I do.