
Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ27-02-2006 09:18 PM
Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ27-02-2006 10:32 PM
I don't think any seller will bear such huge loss. Forget about remedies as frauds like Shakawat Hossain are cheating in lacs in this process, every week, unhindered. So it will be a good gesture by a seller if he honestly mention that being new he failed to understand the bidding / selling process hence don't want to proceed with the deal.
I know you are aware of frauds by Shakawat Hossain but I would like to mention about him here for other new comers, after all your threads seem to be very popular. Actually, to me the listing by this new 0 rated seller cheap...... is looking very similar to that of Shakawat Hossain's.
Caution for all new Bidders:
On this board there are several postings regarding the fraud cases by one Shakawat Hossain. This person is cheating in lacs every week thru false IDs.
He lists Electronics items and Gold items ending within a narrow bid closing time of 2-3 days.
On bid closing, he asks every body for payment or transfer to an ICICI account (no. 628001029477) at Howrah, WB, in the name of Shakawat Hossain
He does not accept Paisapay in spite of such high valued listings.
His mobile remains on for about 4-5 days after the date of closing for the items. Once he gets several lacs in his booty , the mobile goes off permanently. Currently the person is using Life long incoming free connections of various phone companies. You can recognize that from the mobile nos.
For those who have already been cheated by one of his several new IDs, they must report that to eBay immediately. But it won't yield much result as the max. refund from eBay can be Rs.9950. In my opinion , those who have been defrauded must report that directly to the CID - WB, thru the following link , with all details. Some officials handling the cases of this link are very active and may be of some help.
http://www.cidwestbengal.gov.in/crime/report-cirme.asp
Do not expect eBay to lodge any complain on your behalf, they have a lacklustre policy in this regard. However, they promise to support the case.
I am sure that very soon somebody will file a good case in this regard and the legal department of eBay will get a big jolt for such inert, passive, mute and miniscule action against multiple frauds. Hope the court will not bar all eBay transactions in India till the case is solved.
.
. Best Regards ๐
Swarup Dutta
Kolkata
Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ27-02-2006 10:56 PM
EBAY had no answer to my problem.
ebay people said that you may get a upi and if u get more upi my account will be suspended. INSTEAD OF CATCHING THE SELLER WHO IS NOT READY TO SELL THE PRODUCT,EBAY WAS THREATNING ME.
ATUL
Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ28-02-2006 12:02 AM
With Regards,
Navaneeth (snrama) ๐
With Regards,
Navaneeth (snrama) ๐

Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ28-02-2006 12:30 AM
I had decided not to post on any thread started by you after the vicious posts by you in the last thread.
However since you have mentioned me as your "good friend" in this post, I felt compelled to reply.
I, as a seller, have sold several products at a loss on eBay auctions. I have taken a loss of Rs.2000/- on a product which was bid upto Rs.6000/-.
However, all sellers will not be like me. Infact you will find very few sellers will honour loss making auctions.
IN the current scenarios where only about 40% of the buyers pay up after winning the auctions, I will not really blame the sellers for not selling at a loss. If routinely 2 out of 3 buyers back out of their winning bids, you can hardly blame a seller if want to back out of a loss making auction.
In the US eBay site where most of the sales happen on auctions, there most sellers loose money on average 1 out of 4 auctions but since the UPI rate is neglible like 2-3%, the sellers usually honour their loss making sales.
AS for your recourse:
1)You can rate the seller negative.
2) You are report him to eBay as a non selling seller.
If the seller gets too many negatives and / or is reported repeatedly as a non selling seller, eBay will suspend him on ground of Non Performance.
___________


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on โ28-02-2006 07:23 AM
Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ28-02-2006 07:28 AM
Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ28-02-2006 09:18 AM
ebay is an ecommerce site and most of the Buyers are looking for lucarative Auction deals.
The Seller must complete the deal even if he has to sell a Rs.45,000 mobile at Rs.28,000.
If he cannot then he would be chucked out.
He should have thought of it before and placed a reserve price to be on the safer side.
The Buyer ....if he doesn't get the Item at Rs.28,000 would feel cheated and over all image of ebay gets a hitting.
So, the net outcome of this discussion is that any XYZ Seller shouldn't be allowed to Auction high value Items. .
http://stores.ebay.in/IndConcepts
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on โ28-02-2006 09:28 AM
Should Sellers be comeplled to sell below cost in the case of Auctions
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on โ28-02-2006 02:17 PM
I liked the topic raised by srjsms. I fell weather you are at loss or gain you should keep up to your commitment. It is on the seller to decide if he has the capability of taking the risk. If the seller thinks that he cannot afford the loss in case he gets a lower bid, he can opt for a reserve price auction. But if you are putting up a no reserve auction you should honor it. Be it off line business or online business every one faces losses and profits, so take it as a part of your business respect you commitments.
I myself have sold many items at loss just to keep my commitments, the highest bid I got for one of my item was 1 USD ( started at 0.01 USD ) and my cost price for the product was approx Rs.6500.
So all I can say is profit and loss are part of any business, but if you donโt keep your commitments you are hindering you business, who knows that selling the one product at loss give you ample business form that buyer which recover lot more than your lost in your transaction.
Best Regards
Surjeet Kakkar

