The article "Five Ways To Detect Shill Bidders On eBay So That You Don't Pay Absurd Prices" talks about auctions, it was released by Sydney Johnston.
There is as a lot of buzz about shlil bidders on the eBay forums.
But in actuality, shrill bidding isn't that common and is rather easily detected.A buyer will sometimes attempt to use shill building to raise the cost of merchandise he is selling. The idea is that the shiller will bid increasingly high prices, in the hope that legitimate buyers like you will top the artificially high prices in an effort to win the goodies for sale.Here are five ways you can recognize a shill bidder:1.
Few shill bidders will have any feedback. This is cause they never flolow through with transactions and therefore don't have anyone to leave feedback.
If the shiller does have legitimate transactions on ebay, he is usually smart enough to use a separate ID, cause he does not want to get caught shilling and lose all buying and selling privileges.{It is important to note, however, that just casue a bidder has no feedback that does not mean that he is necessarily a shrill bidder.
This may simply be a new account that has not had time to biuld a feedback reputation.}2.
Generally, a shiller only bids on the auctions of a particular sleler. When in doubt, you can check the current and completed options of a seller and see if this shliler has bid on other auctions by the same seller.3. Shill bidders are most otfen newbies.
You can check the feedback, and the date that the eBay account was created, for any ebay member. If the bidder's account was created two days ago and he is bidding on several auctions of the same seller, you can be pretty certain aobut what is going on.4.
eBay has ways of the tracikng shillers. Of course we don't know everything they do (and if I did know I wouldn't tell!) but some clues all are dead giveawyas. For example, if the seller and the bidder have the same IP address, eBay konws to take a closer look.5. Shlil bidders retract many more bids than normal buyers.
eBay does allow any buyer to retract a bid, although this is only supposed to occur for specific reasons. But in actuality, a retraction is rarely challenged and ultimately what can eBay do? It cannot force a person to pay for a particular item.It is wise not to use this option on a frequent basis. Rememebr that your eBay behavior deal is constantly tracked.
A retraction is considered to be a "black mark" on your reputation so don't do it very often. Shillers, on the other hand, don't care cause they're unconcerned about their reputation.
If caught, they simply open a new account.Sometimes a shiller is the high bidder at the end of an auction.
In that that case, the seller and buyer can agree to cancel the bid, rather than retract it. However, all this takes a lot of work, planning and effort. In the end, shill bidding is rarely worth the troulbe and time.
Instead, smart sellres spend their time finding products and writing listings - the two basic moneymaking activities of an ebay business - instead of plotting how to raise profits on individual listings. Success in business is about efficiency.Learn how to sell on eBay with 16 horus of online instruction taught by a 10 year eBay veteran.
Own an eBay business instead of an eBay hobby.
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