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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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Good.
By FightingChance on 10/27/2006 1:48:00 PM , Rating: 5
I approve of these limitations, people who want these items should be able to buy them, not have to re-buy them from what amounts to a scalper (except for selling at even greater than MSRP).




RE: Good.
By h0kiez on 10/27/06, Rating: 0
RE: Good.
By Chaser on 10/27/2006 3:12:46 PM , Rating: 2
Thats crap. Those people have no interest in owning a PS3. They camp the lines and flood the pre-sales just to re-sell something to make a quick buck.

Maybe Sony should set the retail price at $1200.00 to embrace your view of Capitalism, "baby".


RE: Good.
By othercents on 10/27/2006 3:33:48 PM , Rating: 2
This does not limit the price that the auction goes for only that the seller can not set a buy it now price. Just like many of the Xbox360s the PS3s can still end up selling for more than $1000 and possibly more than $2000. I think the rules are nice to keep people from cheating the public however this limits me from selling them. I would have to get a friend to post my pre-order slip.

Other


RE: Good.
By xKelemvor on 10/30/2006 12:04:07 PM , Rating: 2
$1700+ so far on the first one I looked at wen searching for PS3
http://cgi.ebay.com/Sony-Playstation-3-PS3-60GB-Pr...


RE: Good.
By freon on 10/27/2006 4:34:28 PM , Rating: 2
Uhhh, thats great and all, but the article you are responding to has to do with PRE-ORDERS.


RE: Good.
By h0kiez on 10/27/06, Rating: 0
RE: Good.
By freon on 10/27/2006 7:15:01 PM , Rating: 4
How is it different? Well, you dont actually have the console, you haven't even paid full price for it yet, the stores are saying a pre-order is no guarantee you will actually get one on launch day (same happened with other launches where early pre-oders still had to wait for second shipment), and you most likely did not have to camp out or sleep in line to get it.

All you have is a slip of paper, that cost you $100, saying you might get one on launch day. Obviously EBay doesn't see that as an item worthy of being auctioned in the manner it was.


RE: Good.
By h0kiez on 10/30/2006 7:02:35 AM , Rating: 2
Didn't camp out? Riiiight. Try 10:30 pm to 10:00 am. Hence, I should be compensated for my time in line.


RE: Good.
By fishbone on 10/27/06, Rating: -1
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.


I have mixed feelings on this...
By rushfan2006 on 10/27/2006 3:13:54 PM , Rating: 2
Let's do the "good guy feeling" first...On one hand I think protection measures should be in place to keep fraud down - as many many MANY people have stated in this PS3 thing...its very popular, demand is huge AND a pre-order is NOT a gurantee that the person with the pre-order is getting one at launch. This isn't anything to do with being for or against capitialism, this is just common sense saying "hey just because I'm willing to pay you $2000 for a PS3 doesn't mean I want to be defrauded in the process."

Then of course there is the "bad guy feeling" I have (which leans more towards my real feeling I must say)....This is all due to impatience....a product of a decadent society during the "ME" generation.....if normal working class folks that struggle to make ends meet are foolish enough to drop up to $2,000 on a system that in 3-6 months after launch will be plentiful in availability for just the "normal" MSRP....then hey you deserve what you get, scammed or otherwise.





RE: I have mixed feelings on this...
By Christopher1 on 10/27/2006 3:46:26 PM , Rating: 1
Actually, in most cases a pre-order IS a guarantee that you will get one at launch, IF they ship the number of consoles that they guaranteed the store.

Most reputable places won't take pre-orders over a certain amount that the manufacturer of the item has told them that they will get on the launch date. Electronic Boutique does that, EBX does that as well (they are both owned by the same company).


By rushfan2006 on 10/27/2006 4:13:35 PM , Rating: 2
True enough in most cases and in most cases I know that already.

But what I said wasn't commentary - its actually fact this time around....several places haven't beaten around the bush, its been announced in articles throughout the 'net and including right here at Dailytech....due to overwhelming short supply pre-order doesn't guarantee you'll get a PS3.

As for EB and EBX being owned by the same place, yep -- I know this too..I remember buying PC games back when the 486 was still in style from EB.


By Spivonious on 10/27/2006 4:14:31 PM , Rating: 2
Just FYI: every national game store is owned by Gamestop (Gamestop, EB Games, EBX, Babbages, Funcoland, etc).


RE: I have mixed feelings on this...
By One43637 on 10/27/2006 5:45:34 PM , Rating: 2
GameStop stapled a disclaimer on the Pre-order receipts that people received. it reads in verbatim:

"THANK YOU FOR RESERVATION."
NOTICE: As GameStop cannot control production and shipping issues by the manufacturer, the reservation deposit will only guarantee a spot in line when your reserved product becomes available. The reservation deposit does not guarantee receipt of a system available to purchase at launch. Online product pricing and availability will vary and will be fulfilled independent of store reservations. Reservation/purchases are limited to 1 per household.


By One43637 on 10/27/2006 5:46:49 PM , Rating: 2
quote:

"THANK YOU FOR RESERVATION."
NOTICE: As GameStop cannot control production and shipping issues by the manufacturer, the reservation deposit will only guarantee a spot in line when your reserved product becomes available. The reservation deposit does not guarantee receipt of a system available to purchase at launch. Online product pricing and availability will vary and will be fulfilled independent of store reservations. Reservation/purchases are limited to 1 per household.


whoops forgot 'YOUR'


RE: I have mixed feelings on this...
By Aikouka on 10/28/2006 2:08:33 AM , Rating: 2
Most likely the reason that they put that there is because of the fiasco with the XBOX 360 and how Microsoft shifted allotments around (supposedly because of Wal-Mart complaining), so a lot of the gaming stores lost some of the XBOX consoles that they expected to receieve and sold as preorders.


Hmm
By Aikouka on 10/27/2006 1:49:53 PM , Rating: 3
I wonder what caused the change of heart? Oh yeah, the huge fees ebay would rake in for some "entrepeneur" selling an untangible concept over ebay for over a thousand dollars :D. Untangible concept as in the people just have a preorder, and as GameStop and EB Games say, you may not get it filled.




RE: Hmm
By webdawg77 on 10/27/2006 4:30:41 PM , Rating: 1
Untangible is not a word. I think you were looking for intangible.

Of course, it goes back to an earlier post about capitalism, Ebay wants to make money too :).


RE: Hmm
By Aikouka on 10/27/2006 10:25:19 PM , Rating: 3
Indeed, untangible is intangible :P.


Why no Buy it now?
By cygnusx999 on 10/27/2006 3:01:05 PM , Rating: 2
I can understand the 50+ rating and 98 percent positive, etc.. But why can't it be a buy it now or 1 day auction?




RE: Why no Buy it now?
By cplusplus on 10/27/2006 3:13:52 PM , Rating: 4
Probably so that you can't post an illegal auction and then have it be sold before they can figure out it violates the policy. This gives them at least 3 days between the time you list it and the time it is sold, which should be more than enough time to find it and make sure it meets all the criteria.


hmm
By tigz1218 on 10/29/2006 1:58:42 PM , Rating: 2
Is this just for people selling with preorders, or are these rules going to apply when november 17th rolls around and I actually own a ps3 to sell ?




RE: hmm
By ani4ani on 10/29/2006 5:17:30 PM , Rating: 2
Only the pre-orders, you can be a fully fledged capitalist once you have got the console.


Ebay Ripping off....
By Madellga on 10/27/2006 3:13:51 PM , Rating: 3
Paypal must be used.....yeah, one more fee to be paid.

I understand the need for buyer protection, but isn't a good reputation enough? There are also other "safe" payment options, including google's.




Patience
By xstangx on 10/27/2006 9:15:25 PM , Rating: 2
How about this, everybody get some patience and get a damn console when you can and dont complain if you have to wait a few months. Its not like your popularity is going up when u get one, it most likely will go down since u wont be leaving the house for months unless u need to buy more games or maybe some food. I say ppl need to just chill out about the whole ebay thing, you know what, if the seller wants to sell it, thats fine. If the buyer wants to buy, thats fine. Its not like either one of them are getting jacked, you think the buyer is complaining he spent so much money on one, since it was his chooice all along. The only way everybody can get one and at price is if sony made 5 million consoles and released them all at once, then you wouldnt have any problems.




As always...
By underline21 on 10/27/06, Rating: -1
"We’re Apple. We don’t wear suits. We don’t even own suits." -- Apple CEO Steve Jobs











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