Shill Bidding: How Scumbag Bidders Rob Honest Sellers Like You
How Honest Sellers Can Be Robbed By Dishonest BuyersShill bidding deal is a 21st century version of a confidence game. The purpose of shill bidding is to buy merchandise at an artificially low price which can then be resold for a healthy profit. It involves either two different buyers or one buyer who possesses two different eBay IDs. Shill bidding is often easy to detect and therefore is usually more successful with an inexperienced seller who doesn't know what to look for. We can't know for certain, but most likely shill bidders look for sellers with low feedback because they know a more experienced seller might realize what is going on. Shill bidding is only worthwhile with an expensive item. If you are selling many low priced, high-volume items, shill bidding will n...