eBay Mess

[Matt]

Originally Posted by barrysloate

Leon and Matt- although you guys are still in the planning phase, Dan made a really good point. If your new site is relatively cheap, and dealers are allowed to place reserves, you are going to be filled with thousands of overpriced BINs, and cards that will never sell. That's the one thing about ebay that just about everybody hates (except the guys listing these unsellable lots), and I'm sure that's not the look either of you want.

So you need to come up with a format that allows for a real auction environment, not a long term parking lot for overpriced inventory.

I too never liked the ridiculously overpriced BINs, though I can't say they detracted that much from my eBay experience - if given an option between having them as true auctions vs having them as BINs, obviously we'd all want them to be true auctions, but we're probably dealing here with having them as overpriced BINs, or not having them at all. Keep in mind we need to minimize seller risk to attract sellers, so allowing sellers to set reserves/BINs they are comfortable with is important. Not sure how to automatically distinguish between a reasonable BIN and an overpriced one, even though we all know it when we see it. Certainly am open to any solutions to that issue...