it depends on where you stand Bruce. I'm sure ebay is calling it
"Maximizing profits"
At 10:36 AM 5/11/2011, Bruce Hershenson wrote:
It sounds like they are saying that when the final high bid is well
over the current high bid, they will inflate the bid increment by
enough so that they bleed that bidder out of extra money, but not
enough that they scream bloody murder over it.
Isn't another word for this "stealing"?
Bruce
On Wed, May 11, 2011 at 10:14 AM, Phillip W. Ayling
<<mailto:mro...@earthlink.net>mro...@earthlink.net> wrote:
"....in 22% of auctions, where there was proxy bid placed, the final
selling price of the item did not max out the proxy bid."
It begs the question, "How does Ebay know what a maximum proxy bid was?"
I would think that should be private information. If that
information were available to a seller, a seller might always max
out the final price through insider "shill bidding."
Is it OK as long as the artificial bidding is done by Ebay's
corporate sibling eShill?
----- Original Message -----
From: <mailto:sa...@comic-art.com>Richard Halegua Comic Art
To: <mailto:MoPo-L@LISTSERV.AMERICAN.EDU>MoPo-L@LISTSERV.AMERICAN.EDU
Sent: Wednesday, May 11, 2011 1:27 AM
Subject: Re: [MOPO] eBay is doubling and tripling bid increments
I loved this part Helmut:
"eBay's transaction team will be conducting two tests to our site on
bid increments. There was analysis done where in 22% of auctions,
where there was proxy bid placed, the final selling price of the
item did not max out the proxy bid. There will be two variants
running and two control groups. The first variant test will
increment the bid increment by 2x the current increment and the
second test variant will increase the bid amount by 3x the current increment."
between postal fees going up, ebay fees slapping sellers, and large
bid increments.. where's the love?
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