Originally Posted by
Pistard
Most people are clueless, we had a guy around here selling a UO8 Peugeot in basic condition worth about 125 or so, saying I see these on Eflay for 1600 $$ grab it while you can for $ 1000!! nuts man, then we have some other guy with a decent looking Flandria listed @ 395 for close to a Year, you would thing that eventually they get why they don't sell.
I think of these sellers, some of whom know what they are doing, as basically cherry-picking their buyers from a time-extended (multiple listings, ad-nauseum) marketplace.
I think that PB-Bikes may have become the poster-boy (if not the inventor) of this basic practice, as applied to Ebay sales of less-common (esp. NOS) bike parts.
With enough
listings (L) and enough new daily/weekly
viewers (V) in the C'list and/or Ebay pool(s), their rate of success in selling (at overpriced multiples of market price) becomes (L) x (V), a much larger number.
Thus their chances of encountering an ignorant, hasty or price-no-object buyer is multiplied.
Other sellers resent them for their takeover of "bandwidth" in the C'list and Ebay listings, displacing sellers who list real auctions or who sell for prices expected on C'list.
I do wonder if Ebay loses money from these sellers, since many of us have quit using Ebay due to their presence making our searches more of a waste of time, even as their actual sales do bring in fatter transaction fees.