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Bidtopia was an e-commerce site originally launched in 2007 as a private auction site for Warehouse86 Ventures, LLC. Paul St. James, an owner of Bargainland, which had been the largest PowerSeller on eBay that same year, started the new enterprise in response to changes in eBay policies regarding high volume sales of brand name merchandise and restrictions on sellers with poor customer feedback.
A crowdreviewing venture is positively influenced by having a large number of parties leave reviews and feedback on products and services. In cases where a small number of individuals leave their feedback, more weight is placed on an individual reviewer or opinion and could therefore be of minimal value to potential customers.
In 2007, a study by the University of California Berkeley found that some sellers on eBay were undertaking reputation management by selling products at a discount in exchange for positive feedback to game the system. [56] In 2016, the Washington Post detailed 25 court cases, at least 15 of which had false addresses for the defendant. The court ...
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The company does its best to tame its sometimes feral users, outlining that sellers must send their items in sturdy outer packaging, like a cardboard box, using appropriate inner packaging like ...
Sellers with high ratings generally have more bids and garner higher bids. However, it is possible for sellers to make their feedback private and just leave the numbered rating (number of positive, negative, and neutral feedback with a positive feedback percentage), which means that bidders and sellers cannot see the comments other users have left.
EBay’s stock price rose nearly 10% on Wednesday—one of its largest single-day increases in years—boosting the company’s market cap by about $3 billion to $33 billion.
The Japanese edition of Pearl Jam’s “Ten” album is revered for its top-tier audio mastering and unique artwork. With a limited release, it’s a treasured item among grunge music collectors.