Forum Feedback Auction system in TE marketplace
- Thread starter Renegade
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@logistopath:
1. When it is put under auction, people who are not interested can also easily jack up the prices by bidding just for fun. A genuine buyer with a real need will end up paying more than what it is worth, just because he direly needed it, and some troll in the market section bid for fun.
Are you sure that does not happen in current market scenario? Have you gone through/asked each buyer about whether the same has not happened to his/her FS thread? Or are you just assuming this?
This "people who are not interested can also easily jack up prices by bidding just for fun" can be taken care of by regulating the process/auction system. Like a seller can ban a user from that particular Auction thread.
2. Also, I'm sure people will bid in increments of Re.1 and claim that he being the highest bidder, deserves the product. Now, this can be overcome by making a rule that the minimum bid increment should be Rs.X, but, do we need all this complication?
So what? Does the person buying the product not entitled to a fair deal? This is exactly what is missing now, that no one knows what the other buyer is offering.
And, anyways this can also be regulated like if one increment is done of Re 1 then the next increment will be of Rs 5 (5X increment from the last bid-difference) if needed.
3. Both seller and buyer, under the current system, at least have a minimal amount of interaction BEFORE the deal to establish some trust. Both also do their homework, by checking out the current market scenario, and then decide on what price to tag something for or pay something for.
Are you sure in the current FS scenario someone might also just create 5 accounts and use them to haggle with the buyer for a sale?
I don't think that such stuff will happen, once auctions are in place. Remember, TE is a online community, with market section meant to just offload excess or unused stuff, and not to gain profits. This entire mindset will change, and people will tend to consider TE as a site to make profits with their stuff, without the hassles and troubles associated with ebay.
I think someone might have commented the same when the FS section was started
AND, so you are saying that the Dealers are not part of our TE community??
1. When it is put under auction, people who are not interested can also easily jack up the prices by bidding just for fun. A genuine buyer with a real need will end up paying more than what it is worth, just because he direly needed it, and some troll in the market section bid for fun.
Are you sure that does not happen in current market scenario? Have you gone through/asked each buyer about whether the same has not happened to his/her FS thread? Or are you just assuming this?
This "people who are not interested can also easily jack up prices by bidding just for fun" can be taken care of by regulating the process/auction system. Like a seller can ban a user from that particular Auction thread.
2. Also, I'm sure people will bid in increments of Re.1 and claim that he being the highest bidder, deserves the product. Now, this can be overcome by making a rule that the minimum bid increment should be Rs.X, but, do we need all this complication?
So what? Does the person buying the product not entitled to a fair deal? This is exactly what is missing now, that no one knows what the other buyer is offering.
And, anyways this can also be regulated like if one increment is done of Re 1 then the next increment will be of Rs 5 (5X increment from the last bid-difference) if needed.
3. Both seller and buyer, under the current system, at least have a minimal amount of interaction BEFORE the deal to establish some trust. Both also do their homework, by checking out the current market scenario, and then decide on what price to tag something for or pay something for.
Are you sure in the current FS scenario someone might also just create 5 accounts and use them to haggle with the buyer for a sale?
I don't think that such stuff will happen, once auctions are in place. Remember, TE is a online community, with market section meant to just offload excess or unused stuff, and not to gain profits. This entire mindset will change, and people will tend to consider TE as a site to make profits with their stuff, without the hassles and troubles associated with ebay.
I think someone might have commented the same when the FS section was started
AND, so you are saying that the Dealers are not part of our TE community??
The current scenario lets the seller decide his price.. the buyer offers his best price. Done. If there are 5 buyers interested at the same price, the seller can very well decide whom to sell to, based on his knowledge of others/ their reputations. The seller gets the price he wanted, the buyer gets the price he wanted it for.
Also, regulating the auctions or banning a particular user from auctions will need a lot of effort from members as well as mods & admins.. Is it really worth the effort?
What makes you think that the buyer is currently not getting a fair deal? In fact, as a result of auctions he might end paying more. That has been the point of my argument thus far.. What is wrong with the current system of reverse auctions, that we need auctions now? So many sales have occurred on TE, most of them successfully, with both the buyer and the seller happy. What warrants the need to disturb this equilibrium all of a sudden?
Does that really matter? As long as the seller has his price decided, he will have the liberty to say no to lowballers.
Dealers are a different subject altogether.. They pay monthly fees to trade on TE, and their motive is to gain customers and profit as well.
Still, I haven't been really convinced about the advantages an auction offers. Seller gets a fair deal either way - auction or not. He just has to check the prevailing market situations and price accordingly. Buyer might not get a fair deal with auctions.. Correct me if I'm wrong.
Superbad
Herald
Put a small processing fee to be paid to TE for auctions.
In this way there would be no artificial jacking of prices or no internal cartel working for the price mechanism.
This to ensure that the process was fair and square and the seller wont do a proxy bid if he does not want to sell it at a low price.
In this way there would be no artificial jacking of prices or no internal cartel working for the price mechanism.
This to ensure that the process was fair and square and the seller wont do a proxy bid if he does not want to sell it at a low price.
Stupidity and hypocrisy has no end :|
If this is how the community feels about the market section, why is it still there? Why not close it down entirely?
This way we will have ZERO issues! Ain't that just great?
Read what people are trying to say, and reply after having understood the argument of a person rather then to pass smart comments on How "TE is turning into eBay", jeez!
If this is how the community feels about the market section, why is it still there? Why not close it down entirely?
This way we will have ZERO issues! Ain't that just great?
Read what people are trying to say, and reply after having understood the argument of a person rather then to pass smart comments on How "TE is turning into eBay", jeez!
Metalspree said:
No comments on the Auction part. I spend most of my time in the other sections I like.
I guess my mouse doesn't have that problem where it magically scrolls down the page, through the roughly ~30 main tech sections and accurately clicks on that 1 section called Market. I think you should start a thread for your unique problem :S
Metalspree said:
We have a forum. We have sections. You have a brain. You can type.
So which part do you need TE to fix? :-/
Stuff promised is more like frills and add-ons to encourage people who get left behind in the discussions, and more for additional entertainment. I don't think any of the proposed add-ons affect your ability to post. So why are all you "l33t" people complaining
Fees for people to do auction. wth?
What abt the current TP then?. TE could generate massive revenue through that already.
Please stop spreading FUD.A Market is already there. People that need to scam/jack prices up(which already is)/proxy sales already uses that.
what will a auction system gonna do special?. Those who wanna use it, use. Else dont. This is not some pyramid scheme Or some chor bazaar.
Even auction can be done in current system. Just modify rules and add a new modified like [Auction]. People can bid the shit out of items.
What abt the current TP then?. TE could generate massive revenue through that already.
Please stop spreading FUD.A Market is already there. People that need to scam/jack prices up(which already is)/proxy sales already uses that.
what will a auction system gonna do special?. Those who wanna use it, use. Else dont. This is not some pyramid scheme Or some chor bazaar.
Even auction can be done in current system. Just modify rules and add a new modified like [Auction]. People can bid the shit out of items.
I don't have a brain can you lend ur's.You wanna know which part need to fixed?, dig in the feedback section and you will find many.Crazy_Eddy said:No comments on the Auction part. I spend most of my time in the other sections I like.
I guess my mouse doesn't have that problem where it magically scrolls down the page, through the roughly ~30 main tech sections and accurately clicks on that 1 section called Market. I think you should start a thread for your unique problem :S
We have a forum. We have sections. You have a brain. You can type.
So which part do you need TE to fix? :-/
Stuff promised is more like frills and add-ons to encourage people who get left behind in the discussions, and more for additional entertainment. I don't think any of the proposed add-ons affect your ability to post. So why are all you "l33t" people complaining
Why are senior members complaining ??
That's because TE is turned to Junk .No quality posts only quantity posts.
I think that the only parties who need transparency are the seller and the TE mods, and the seller does not owe potential buyers any transparency. Only to the guy who has made the actual purchase perhaps. What is the rationale behind forcing the buyer to abide by a set of rules, and against his interest? I've done a bunch of purchases here, but felt that the deck for stacked against the seller. Unless we want to regulate the market in some manner, I dont see why we should enforce any rules other than integrity. Laissez Faire anyone
Metalspree said:
I went through the feedback section just as you told. Almost all of the feedback about broken features is related to market section. I am confused, what is it that you were trying to say?
Metalspree said:
Well I also went through your recent posts. Most of the sections that you have posted in are either Market, General Talk or Show Off. It is therefore no surprise that TE is getting filled up with quantity posts. One of your posts in a thread reads something like this.
I seriously hope you don't count yourself as a senior member as you certainly do not behave like one.
The Sauron
Forerunner
I would really appreciate the idea of auction system in a systematic manner, like eBay does. But it should come with certain restrictions either from TE or sellers's discretion for newbies, which includes minimum of 5 itrust scores, 300 posts, 3 months of stay and a penalty in case bidder/seller backout without unforseen situation.
and like ebay, people would create multiple IDs here as well..FaH33m said:
it works for ebay because they ban with respect to phone number, address, bank/paypal/cc details.
and i believe neither of those criteria will be input by the bidders before bidding.
This may be intended for better prices for sellers but the flaws in the system are easy to be exploited without expenditure on a well planned infrastructure.
I'm against bidding on TE so far. We can have a best offer system instead where people can post their expected pricing in the thread itself without counting it as a low ball..
other members can like if the price seems fair and dislike if it is clearly outright insane (if dislike button is added somewhere in the future)
Why dont you fix them first ??Renegade said:
Me in market section :rofl: :rofl:.I hardly sell stuff may be 1 per year, more over i am not in country to sell stuff .You need to look at members who are here just because of market section and have posts only in market section(especially FS threads) and no where else.
I remember that thread where i posted and if i am not wrong it was against a very good friend of mine .If it was a offensive post why wasn't it reported?.
How is that relevant to this thread?
Why do we need to look at them? They are here for the market, good for them. Whats your problem with them?Metalspree said:
Metalspree said:
Forum is not a chat box for you and your very good friend. Being a very good friend does not allow you to use that language. That post was reported and deleted. Maybe not by your very good friend but nevertheless.
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