Original tweet from Ebay:
https://twitter.com/eBayAU/status/1242720359113273344?s=20
Edited description to keep it simple.
Mods pls feel free to remove if needed. Just trying to help out.
p.s. This is not about the 10k listings, this is about the $25 1L devondale and $50 Glen 20s.
Yes, I'm sure it was going to sell for $10k 🙄 Thankyou for your service.
No one is paying that amount mate. They are doing stupid bids and then not paying. Honestly.
@brendanm: Yes I realise that it would have to be someone absolutely insane. However lots of other listings selling for $30 - $100.
Glen 20. I reported one for 10k.
You do know this is a seller 'trick' so people don't buy?
If you become out of stock, you ramp the price up so you don't get sales.
Ebay has an algorithm like everyone else, and if you 'end a listing' for no stock, you go back to the start of the queue, so people jack the price up, so people don't buy and they don't lose their place in the algorithm search results.
Wtf, who are the ones bidding on it?
These sellers are sort of like those 'Microsoft' scam call centres, you bring one down, another pops up. Along as there are idiots willing to pay, add fuel and in a way, encouraging this behaviour, the sellers will be back. $15k profit for an ebay ban is worth it.
I added the original ebay tweet asking to help report these. So I am reporting. No idea if ebay will remove them or not, but doing my part.
Hope you don't go crazy reporting everything witha price you don't agree with, there are genuine sellers who aren't selling for stupid prices.
For this to work, this is a good point, and I think everyone should try and make sure they only report the ones that are stupid prices. e.g. a lot of sellers list for normal but postage listed for $50. Reported 1L devondale UHT selling for $25.
Not saying this is the case on the items you mention, but some stores do that as placeholders. They don't want to delete on ongoing listing, so they put the price high enough they don't think people will purchase at. That way it's easy to readjust once they have stock again and can start selling.
What's that? Is it the sound of capitalism failing our society?
It's taken a pandemic to make people fall in love with government restrictions and market regulation. Suddenly, it's fashionable to become critical of greedy people.
Is it the sound of capitalism failing our society?
Just a friendly reminder that the pandemic originated in a communist country and was allowed to become uncontrolled because of government restriction of the media. A whole lot of good their market regulation did in the wet market.
I'd rather have a whole lot of "greedy" people that have to submit to transparency than benevolent dictators that claim they are for the "greater good".
China is no longer a communist country though, it hasn't been for years. It's probably what's best described as state capitalist (https://www.forbes.com/sites/gadyepstein/2010/08/31/the-winn…) hence the inequalities in wealth among the population, & the private ownership of the means of production, in many cases.
Lipstick on a pig.
I feel most people have better things to do, even in quarantine.
Yeah unfortunately … so it seems so.
Even Bunnings are getting in on the act there.
reported
I think OP you need to wake up to which auctions are real or not . Seeming you don’t have a clue you should find another hobby .
Read the thing … this is not about the 10k listing. This is about the $50 milk packs ….. that was an outlier.
I still saw glen 20 and coles rip off version for $4 at coles, mate says plenty where he's at too (St Kilda)
Nothing near where I live. I did however bite the bullet and buy a three pack at $20 each two weeks ago from Ebay. Thats really what prompted me to write to all these online retailers.
You can also use the report link on the listing itself.
Some good things to search, Glen 20. I reported one for 10k.