So I recently came across a section in the ebay TOS as I was reading some stuff.
There was a part about "price gouging". It says that you can report any seller who you think
is setting an unreasonable price on a listing. Ebay may take action against the seller
anywhere from temporary suspension, lowered rating, lowered ranking, or all out suspension
account closure.
Say what??????
Does this make any sense to you? Price gouging? Isn't that what all businesses pretty much do in this world? If you have something that very few others have and is hard to get and people want it, then the value of that item goes skyrocket. I wonder if they would consider that price gouging?
Let's say product A is really only worth about $10 and everyone else is selling it for 8 - 12 dollars range.
If it's in stock and available many places and you set your price to $100, why does that matter to anyone or ebay? If someone wants to buy it for $100, let them. But if it's available in many other places for $10, then it will take care of itself...people won't buy from you but from the other places.
But let's say suddenly product A is discontinued and there is no more stock and nobody else on the planet has any to sell but YOU DO. All of a sudden the value of that item should no longer remain at $10. It should skyrocket to $100 because it's rare. How would that be called price gouging? I think that is completely fair and legit because you have something people want and nobody else has it or ever will. If you've got the last of it in stock, you should be allowed to set whatever price the market is willing to pay for it.
That's how business works. So I don't understand what price gouging is and how they can even consider possibly disciplinary action if reported by a buyer.
If you check on amazon, they do this all the time. When a product is out of stock nationwide, check on amazon and all of a sudden whoever does have it still in stock raised the price to some ridiculous amount.
In fact, I've seen this on many sites....so I'm not sure what price gouging is and why that would be considered a questionable conduct.
There was a part about "price gouging". It says that you can report any seller who you think
is setting an unreasonable price on a listing. Ebay may take action against the seller
anywhere from temporary suspension, lowered rating, lowered ranking, or all out suspension
account closure.
Say what??????
Does this make any sense to you? Price gouging? Isn't that what all businesses pretty much do in this world? If you have something that very few others have and is hard to get and people want it, then the value of that item goes skyrocket. I wonder if they would consider that price gouging?
Let's say product A is really only worth about $10 and everyone else is selling it for 8 - 12 dollars range.
If it's in stock and available many places and you set your price to $100, why does that matter to anyone or ebay? If someone wants to buy it for $100, let them. But if it's available in many other places for $10, then it will take care of itself...people won't buy from you but from the other places.
But let's say suddenly product A is discontinued and there is no more stock and nobody else on the planet has any to sell but YOU DO. All of a sudden the value of that item should no longer remain at $10. It should skyrocket to $100 because it's rare. How would that be called price gouging? I think that is completely fair and legit because you have something people want and nobody else has it or ever will. If you've got the last of it in stock, you should be allowed to set whatever price the market is willing to pay for it.
That's how business works. So I don't understand what price gouging is and how they can even consider possibly disciplinary action if reported by a buyer.
If you check on amazon, they do this all the time. When a product is out of stock nationwide, check on amazon and all of a sudden whoever does have it still in stock raised the price to some ridiculous amount.
In fact, I've seen this on many sites....so I'm not sure what price gouging is and why that would be considered a questionable conduct.
