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Print 34 comment(s) - last by xKelemvor.. on Oct 30 at 12:04 PM

eBay updates its policies on PS3, Wii pre-order listings

eBay has instituted a new policy when it comes to Sony PlayStation 3 and Nintendo Wii pre-order auction listings.  After cleaning up the site of PS3 pre-order listings, the company has instituted even more strict guidelines that could put a damper on sellers looking to rake in the big bucks selling the consoles and should help protect buyers in the process.

In a posting on the eBay "General Announcements" board, the following restrictions/policy updates have been put into play regarding PS3 and Wii pre-order auctions:

  • Only one of each console can be listed per eBay account prior to the launch of the console (PS3 is expected to be available on 11/17/06, Wii on 11/19/06).
  • The seller must only accept payment through PayPal, and have at least 50 feedback with a 98% or greater positive rating so that they qualify for PayPal Buyer Protection.
  • The pre-sale item must be listed in the 3, 5, 7 or 10-day formats, and cannot use Buy It Now.
  • The listing must include a photo of your pre-order receipt in the description.

The new policy should make buyers feel a little bit better when bidding on a PS3 or Wii auctions in the coming weeks, but eBay is a big place and rogue listings are still sure to pop up from time to time.



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RE: Good.
By fishbone on 10/27/2006 2:42:39 PM , Rating: -1
What is it you have a problem with here? With these resellers on Ebay, the people who were not able to preorder and want one will be able to get one whereas without people selling them on Ebay there simply wouldn't be any available.

If you're looking for something to be upset about, blame low supply instead of high demand.


RE: Good.
By wiiz3rd on 10/27/2006 3:10:02 PM , Rating: 5
"With these resellers on Ebay, the people who were not able to preorder and want one will be able to get one whereas without people selling them on Ebay there simply wouldn't be any available."

Twisted logic here. The number of consoles available at launch is fixed. The people who resell on Ebay don't make build them and hence can't increase number of consoles available.



RE: Good.
By othercents on 10/27/2006 3:37:37 PM , Rating: 1
quote:
The people who resell on Ebay don't make build them and hence can't increase number of consoles available.

Neither can EB Games or GameStop however they are able to resell the products too. The only difference is that EB Games and GameStop require you to pay their price, but the ebay resellers allow you to bid what you think the console is worth.

Other


RE: Good.
By Vertigo101 on 10/27/2006 4:15:12 PM , Rating: 1
quote:
The only difference is that EB Games and GameStop require you to pay their price, but the ebay resellers allow you to bid what you think the console is worth.


I disagree...eBay allows you to pay what mass hysteria deems the console is worth.


RE: Good.
By othercents on 10/27/2006 5:36:35 PM , Rating: 2
But it is still what you are willing to pay, not what you are required to pay by some company. If I put a PS3 on ebay for $1 and no minimums then whatever the bid is at the end of the 3 days is what I will get for the machine. Just because someone else wants to pay $1000 for the product doesn't make it my fault. I was willing to take $1 and I am happy to take $1000. Granted I knew it wasn't going to go for $1, but I didn't force you to bid the item up to $1000.

The reason why it was bid up to $1000 isn't hysteria, but supply and demand. Not only that, but these people are willing to pay that price for whatever reason.

Other


RE: Good.
By freon on 10/27/2006 4:41:21 PM , Rating: 3
I would much rather blame stupidity. Anyone who would BIN a PS3, or any console for up to 2x the MSRP is stupid.. Plain and simple.

These consoles are not rare, they are not limited editions, and they sure as heck aren't going to disapear the day after launch. Now that Ebay has removed the ability to list them as BIN auctions, I bet we will see a lot less $1300 PS3 sales and a lot more $700-$800.


RE: Good.
By othercents on 10/27/2006 5:43:00 PM , Rating: 1
quote:
Now that Ebay has removed the ability to list them as BIN auctions, I bet we will see a lot less $1300 PS3 sales and a lot more $700-$800.

I disagree. The first day the Xbox360 launched almost 30 of them went for over $1300 and some for almost $2000. Now that the PS3 has less supply it is very possible that they will go for more than the Xbox360s did. Most of those where not BIN prices, but actual bids. My friend had one he put out without a BIN and it was bid all the way up to $1250 before the auction ended.

Other


RE: Good.
By throughhyperspace on 10/30/2006 10:26:58 AM , Rating: 2
I agree.. last Thursday, I saw a PS3 going for $1800 with three minutes left. Most others were in the $1200-1400 range. Wii's were upwards of $700 for those that inculded LoZ and CoD 3, most others were around $500-600. The "new" restrictions were already in place on the auctions I looked at.

If people are willing to pay it, I have no problem with it. Whether or not its hysteria for demand to reach these price levels is another debate entirely.


"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007

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