Tag: ONLINE AUCTIONS

At a recent online auction in New Zealand, two glass vials containing neon blue liquid sold for $1,983. Oh, and they also contained ghosts. As we reported a few days ago, an anonymous person originally placed the two vials up for auction last week, claiming they contained the souls of an old man and a little girl, both of whom used to live in the sellers' current house. Now, after the winning ...

In January 2008, eBay instituted a new policy that effectively de-lists (a.k.a. shuts down) sellers whose Detailed Seller Rating (DSR) ratings fall below 4.3 on a 5 point scale. An eBayer's DSR is judged on four categories: whether the item is as described, communication is good, shipping time is reasonable, and shipping and handling charges are appropriate. A 5 is great, a 4 is reasonable and a ...

Buyers save billions of dollars a year on eBay. You knew that, and you probably didn't need a pair of researchers from the University of Maryland to tell you that, either. But just in case there was any lingering doubt, a pair of statisticians who looked at financial data from 2003 and 2004 came up with the numbers $7 billion and $8.4 billion in consumer savings each of those two years, ...