what's up with 1 cent auctions on ebay

Discussion in 'General Discussion' started by Mike, Nov 23, 2006.

  1. Mike

    Mike Banned

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    Ebay:
    I see thousands of auctions on ebay for BIN of 1 cent. then free shipping. Most of them are wallpapers or Ebooks, but how do people make money this way? It costs money to list auctions, and I actually see some of them using borders, and bold lettering which costs more money, yet the BIN is still only a penny.

    I don't get it.

    do a search for Free Shipping on ebay and you'll see what I mean

    I tried looking up info on yahoo, but I basically get the same thing, some SECTRET 1 CENT AUCTION MYSTERY, bunch of crap that still won't tell me what's really going on.
     
  2. Boggs6ft7

    Boggs6ft7 TFW2005 Supporter

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    My guess would be advertising. Maybe they hope you will go to some of their other auctions.
     
  3. PopCulturePooka

    PopCulturePooka Longest running avatar

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  4. Samana Rombuca

    Samana Rombuca Well-Known Member

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    That's crazy wrong!
     
  5. Sonscreen

    Sonscreen Casual TF collector<br><b><font color=#FF0000>aksm TFW2005 Supporter

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  6. Mike

    Mike Banned

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    Ebay:
    but they still lose a lot of money don't they?
     
  7. Fit For natalie

    Fit For natalie tfwiki nerd

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    Not too much money. They'll make it back in spades with the scams they pull off.

    Another, smaller problem I've noticed is Hong Kong-based sellers listing low BIN cost, incredibly high shipping cost auctions in order to avoid paying eBay fees. While the majority of sellers are legitimate, if unscrupulous, toy sellers, this sort of behaviour is bad for the buyer if they happen to be ripped off or end up in some sort of dispute that requires eBay to refund their money, because eBay only covers the buyer for the end price of the item, not the shipping included.
     

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