27 Mar
1999
27 Mar
'99
6:28 a.m.
On Sat, 27 Mar 1999, Mike Ford wrote:
The completion rate figure I have seen for eBay is 70%. Out of that 30%
that don't go through, a lot are from people who choose to list with high
first bids, ala the guy who keeps about 100 auctions going all the time,
That's where Ebay has a disadvantage over real (in-person) auction
houses. The ones I've been in often have a staff to check the
bonafides of such bidders, such as if they try to walk away without
the merchandise they promised to buy, they do so on broken legs.
--
Ward Griffiths
"the timid die just like the daring; and if you don't take the plunge then
you'll just take the fall" Michael Longcor