Re: Re: I'm stumpted - why do people sell like this on EBAY?
Originally posted by timechange
1. You can't see the Reserve price of an ebay auction, unless the ad lists it in the description. You probably refer to the Starting bid (minimum bid) price being "high".
2. Everyone evaluates domains differently, although there is a set of unwritten rules concerning domain value, based on certain domain attributes and also on "supply and demand".
If you see what I'm talking about, the domains clearly have no value.
3. Some auctions might be a "joke" or a prank, but these are evident.
Again, not the case here. People run these auctions again and again, racking up EBAY fees each time.
I seem to recall getting a marketing e-mail ie spam which basically advised getting your domain name on things like eBay with an active link back to your site - they seem to suggest that having a link from someone like eBay will be a huge boost for search engine rankings - maybe that's why the rediculas prices - no one will dream of buying so they have an eBay link to their web site so long as they keep paying the eBay fees.
Or maybe they think if someone sees the extreme selling price they will click on the link out of curiosity!
Whether or not this improves search engine rankings or increases sales is anyones guess.
Hmm if that were the case, they would use an astronomical reserve price, to make sure no one actually bids on it. Otherwise, if someone bid they'd have to pay a huge fee - which they'd have to reclaim once the buyer would not pay.