Re:Ztail Launches Innovative eBay Guarantee
by calambrac on Thursday April 09, 2009 @08:40AM
(#554274)
How do they figure the guaranteed price? Is it based on historical auction data? If so, won't the increased volume of these items drive down the actual sale price at auction? Does their model take that into account?
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Re:Ztail Launches Innovative eBay Guarantee
by jonknee on Thursday April 09, 2009 @11:23AM
(#554506)
eBay has a program that lets you see historical selling prices for goods, so I'm guessing that's where they started.
Who knows what kind of cash reserve they're working with though, I wouldn't trust them for anything more than a vague estimate of what products are selling for in second hand markets. And that much is free!