Summat's not right!

[Gern]

Evenin' all.

I've been watching a kit on ebay at £33 to start + P&P.

There were no bids and the auction finished earlier this evening.

Can anybody tell me why the seller has re-listed the same kit for £45 ONO + P&P?

If there were no bids at £33, why has he put the price up by a third?

Gern

[Guest]

Seen this done a few times, I have no idea why they do it, something starts at £30 it dont sell, then it goes back on at £40. maybe we are missing something.

[Guest]

It does happen, bizarre isn't it, it defies logic, it's not sold i'll increase the price?

I was watching a Tamiya Kettenkrad some months ago now, same story, I thought the start price was too expensive but watched it and ummed and ahhed, it ended with no bids and I saw it was relisted, had a look thinking it'll be cheaper start and i'll have a bid on it and he'd relisted it £5 more on a BIN with best offer, I even sent a mail asking if he was aware as it just seemed so odd and got a snotty reply for my troubles, needless to say I didn't bother.

Theres nowt as queer as folk.

[Guest]

I think the seller looks at the watching list, sees there must be some interest in the sale object, and then tries to encourage a panic buy by increasing the price.

The logic being "oh, I must buy that before it gets any dearer".

Well, that's what I reckon they are doing!

[Gern]

Interesting comments guys - thanks.

Whatever the reason, he's not gonna sell it to me! Thinking about it though, I'm going to make an offer below his original start price and see what he says. I'll let you know.

Gern

[Guest]

I think the seller looks at the watching list, sees there must be some interest in the sale object, and then tries to encourage a panic buy by increasing the price.The logic being "oh, I must buy that before it gets any dearer".

Well, that's what I reckon they are doing!

It's doubtful as any regualar ebay seller is fully aware that a full watch list doesn't constitute buying interest, one example of this was a motorbike I sold a while ago, I had well over 100 people 'watching' the bike but untlimately only 6 unique bidders, (more than 6 bids just 6 bidders if you see what I mean).

People watch items for all manner of bizzarre reasons, many times i've put an item in the watch list thinking if it doesn't get much interest i'll drop in a bid late on then seen it go mad but still leave it there, mainly out of curiosity knowing i've no intention of bidding.

I've also watched items I have and intend to sell myself to see if it's worthwhile and the interest is there.

Also in this instance, this is a 'relist' price, not while the auctions currently active which is where the logic thing comes in, if you have a shop and product x is not selling at 4.99 you don't think, I really need to shift this, i'll put it on for 8.99 instead.