[meteorite-list] I thought of an idea on how to get around the price increase on eBay on some items

From: Dennis Miller <astroroks_at_meteoritecentral.com>
Date: Tue, 30 Mar 2010 11:59:17 -0500
Message-ID: <COL113-W40BDED79ECC58A1D505CBEB11F0_at_phx.gbl>

I Love Ebay!!! Hey it isn't just a simple auction house. They
employ over 16000 full time employees, sell a lot of crap no one
else could and you can always find a great deal on just about
anything. I usually shop Ebay first.. And as a stock holder,
Ebay has always been strong. For a $27.00 stock with a EPS of
$1.85 is O.K. by me! Buy Ebay!
Love Ya All!
Dennis Miller

----------------------------------------
> Date: Tue, 30 Mar 2010 12:49:23 -0400
> From: meteoritemike at gmail.com
> To: countdeiro at earthlink.net
> CC: meteorite-list at meteoritecentral.com
> Subject: Re: [meteorite-list] I thought of an idea on how to get around the price increase on eBay on some items
>
> Greetings Count and List,
>
> The Count brings up some very salient points here. As a buyer, I love
> eBay still - despite the occasional verbal beatdowns I dish out to
> it's management. Nowhere else on Earth can you sit in the comfort of
> your own home and bid on so many different meteorites that you can
> almost fill out a complete type collection in a single 24 hour period.
>
> As a seller, the Count nailed it about the types of buyers that
> sellers want to see. I've seen some amazing but mind-boggling auction
> results on eBay - all because two or more rookie/uninformed bidders
> got into a contest of thrill bidding.
>
> It was as a seller that I first encountered the Count, when he won one
> of my auctions. Although he is a savvy buyer and usually not the type
> that most sellers like to see, I was very fortunate to meet him via
> eBay. And that is one thing that eBay's management hasn't wiped out
> yet - the vast global reach of this centralized buying hub and the
> ability to meet new people. People can argue over the fairness of
> fees, and the utility of rule changes, but eBay is still a force to be
> reckoned with and it's not going away any time soon. The thing that
> bothers me sometimes about eBay is the overall direction that it has
> chosen to follow over the course of the last 10+ years - not any one
> particular change, rule or fee.
>
> Congratulations again to the Count for his spectacular and
> astronomical Nevada chondrite find! :)
>
> Best regards, clear skies, and happy huntings!
>
> MikeG
>
>
>
> On 3/30/10, countdeiro at earthlink.net wrote:
>> G. Axelsson said "eBay is not an ordinary auction house."
>>
>> He is right. It is superior to any auction house! Again from experience in
>> owning and operating an auction conglomerate, I say that the price received
>> at auction for an item is directly related to the number of bidders
>> participating. The number of bidders participating is directly related to
>> the number of potential bidders who were informed of the sale. eBay's format
>> allows anyone to find a category of item for sale easily and instantly. No
>> auction company could afford to advertise and promote enough to reach eBay's
>> market of potential bidders. In other words...the more bidders...the higher
>> the price. Competition and emotion drive bids.
>>
>> Knowledgeable bidders such as ourselves...are not the people I want to see
>> buy my goods. Neither, do I want investors as the high bidders. I want those
>> bidders who are acting on emotion, are inexperienced in values, and not
>> buying for investment or re-sale, to be my high bidders. When I sell to a
>> dealer, or investor I am disappointed because I know I sold wholesale. You
>> want that bidder with a pocketful of bucks who wants the item because your
>> description "hooked" him and he doesn;t care what he pays for it. Yes, the
>> knowledgeable bidders walk away grumbling while you dance off to the bank.
>> eBay is where those "mooches" as we so irrevelantly referred to them
>> hangout. By the tens of thousands.
>>
>>
>>
>> Count Deiro
>>
>> -----Original Message-----
>>>From: G?ran Axelsson
>>>Sent: Mar 30, 2010 3:46 AM
>>>To: meteoritecentral
>>>Subject: Re: [meteorite-list] I thought of an idea on how to get around the
>>> price increase on eBay on some items
>>>
>>>Hi all!
>>>
>>>eBay is not an ordinary auction house. It doesn't handle the goods, it
>>>doesn't create a catalogue and it doesn't provide an auction house so
>>>all buyers can come and examine the goods before the auction.
>>>eBay is an automatic system where the seller and buyer enters all the
>>>details. As a seller I add all pictures, a description, starting price
>>>and so on. The buyer enters his bids. And when the auction is over the
>>>seller handles the transaction, packs the goods and sends it away.
>>>If eBay would have twice as many auctions the overhead wouldn't double.
>>>They would only need some more computers, the software is the same. It's
>>>economy by scale. During 2008 goods for over $60 billion were sold on
>>>eBay. In Q4 2009 the revenue were over $2 billion and the earning were
>>>more than 50% of that.
>>>
>>>As I see it, there isn't a big difference between eBay and companies
>>>providing online stores.
>>>I had a lot more auctions on eBay before but the community feeling has
>>>been lost and the fees is constantly getting higher so I mostly stay
>>>away from it.
>>>
>>>Somehow every other digital service is getting cheaper as computer
>>>science advances, except for paypal and eBay who raises the fees
>>>regularly. They can do it because they are big and by all practical
>>>means they have a monopoly on online auctions and payment services. They
>>>don't need to raise the fees but they can, therefore they do it.
>>>
>>>I have a plan and I'm working on an alternative to eBay ... if I finish
>>>it I'll tell you more.
>>>
>>>;-)
>>>
>>>/G?ran
>>>
>>>countdeiro at earthlink.net wrote:
>>>> Hello fellow Listees,
>>>>
>>>> As some of you know who attended Michael Blood's Annual Auction at the
>>>> show in Tucson, I am pretty familiar with auctions. In fact, my family
>>>> and I owned and operated one of the largest and most highly diversified
>>>> auction sales organizations in America. Licensed in eight states, we sold
>>>> everything from coins to casino/hotels. So, let me just say this. There
>>>> isn't a legitimate auction house in the country...hell in the
>>>> world!...that will provide the means to advertise, promote and sell your
>>>> goods for less than EBay. Nor will they provide the wide range of seller
>>>> and buyer services, protections and payment methods that are a part of
>>>> package offered by EBay. It is the best deal I ever heard of for both
>>>> buyers and sellers and that's why they have such tremendous market
>>>> numbers.
>>>>
>>>> Our auction business had a 10% buyer premium AND a 10% seller fee PLUS
>>>> consignor/sellers were charged for extra advertising position, photos,
>>>> etc. etc. At an average seller cost of 15%to 20% we still had to beat off
>>>> sellers with a stick...because we were cheap compared to Sotheby,
>>>> Bonhams, Phillips and Butterfield whose selling costs can float right up
>>>> to 40%.
>>>>
>>>> Prau that nothing happens to the guys and gals making the cost decisions
>>>> at EBay.
>>>>
>>>> Regards,
>>>>
>>>> Count Deiro
>>>>
>>>> -----Original Message-----
>>>>
>>>>> From: Gary Chase
>>>>> Sent: Mar 29, 2010 1:13 PM
>>>>> To: mlblood at cox.net, photophlow at yahoo.com, meteoritecentral
>>>>>
>>>>> Subject: Re: [meteorite-list] I thought of an idea on how to get around
>>>>> the price increase on eBay on some items
>>>>>
>>>>>
>>>>> Good Morning Listees and Bottom Feeders..
>>>>>
>>>>> Isn't this America? If you want to use a service pay for it. Do you go
>>>>> to McDonalds and decide that the hamburger is too much and try to figure
>>>>> out a way to cheat them out of their hamburger? Do you steal from
>>>>> Walmart if you think they are charging too much? Stealing from eBay is
>>>>> no different.
>>>>>
>>>>> Why don't all you bottom feeders leave eBay and go off to your second
>>>>> rate auction sites that have been mentioned here before. Leave eBay to
>>>>> the real dealers.
>>>>>
>>>>> Also, could one of you rocket scientists explain to me how a buyer gets
>>>>> hurt with the higher fees if an auction starts at a penny or 99cents?
>>>>> No one is forcing you to bid any higher than you would pay for the piece
>>>>> somewhere else.
>>>>>
>>>>> Gary
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
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Received on Tue 30 Mar 2010 12:59:17 PM PDT


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