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This Slate article about the changing direction of eBay from auction house to Costco is a welcome eBay move, in my book. I hate auctions.
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I don't think the article is well researched. Collectibles are one of the biggest categories on E-Bay and their not mentioned. As a buyer, I like the auction format because with some items starting at a penny or .99 cents, deals can be had. I've picked up great radios for around ten bucks. As a seller, I like the auction format because buyers determine the value----with "Buy It Now" I always wonder if I left money on the table. With a week long auction---a well written ad placed in the right category---you generally get what your item is worth.
Posted by: Angelo | May 30, 2009 at 05:02 AM