Why do people bid more than retail value for something on Ebay instead of buying online from the store?
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I have been watching some electronic items on Ebay, and people are bidding way above retail value on easy to find items. These items can be purchased online from places such as WalMart, Toys R Us and Best Buy at retail price with little to no shipping. So why would someone be willing to over pay for an item on Ebay and pay outrageous shipping charges rather than ordering directly from the store? Stores have return policies, while many Ebay sellers do not accept returns, even if the item is defective. I realize that stores charge sales tax while many Ebay sellers do not, but the cost of sales tax is often insignificant when compared to what was paid for the item. Are people just stupid or am I missing something?
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Answer:
People are stupid.
Brandi the Engineer at Yahoo! Answers Visit the source
Other answers
yep people are stupid and cant be asked to do research
wilster
1. People bid more than retail price by mistake. 2. These people are not really buyers, they are planted by some vested interest to block deal. They just bid and but do never buy. Some times this tactics is applied to enhance price of item in future auctions by creating artificial shortage.
Babbu
That's a good question. My idea is that it's the thrill of knowing you've won something. That's the best I've been able to come up with. Good luck!
Tuesdaysgone
Their perception on money is way off.I'm just the opposite. If i want something bad enough,I will look for it through the stores and online.If I have to save up for it,so be it.
aloneandhappy
adding to others' guesses, could be: -item out of stock at retailer -buyer has no means to pay except through ebay -international buyer to whom the retailer wont ship
Horrible Advice
Very stupid, when you go to retail store it's a 100% new, an eBay it's a big if.
Hi I Guess that some people form a cartel any try to fool others into buying.
Dragon
its all in business;
Rishi
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