17th July 2007

Mystery auctions are getting ridiculous (and ridiculously profitable)

Weird eBay Auctions has an interesting article on “mystery auctions”. I have never heard of these but I will definitely take a look at them.

Weird eBay Auctions » Blog Archive » Mystery auctions are getting ridiculous (and ridiculously profitable)

Quite a few sellers on eBay have found a new gold mine. So much so that eBay has a whole category dedicated to this new type of auction.

Mystery auctions, which now reside in the “Everything Else” parent category, are getting bids in the thousands of dollars. And buyers don’t even know what they’re getting!

The basic premise behind a mystery auction is to create some virtual or imaginary object to “sell” to buyers. To follow eBay’s TOS, sellers must list this item for sale, whether it’s a virtual dandelion or a Wonka Bar, and suggest that:

Anything else you receive is a gift from me to you.

Time to start witting some auctions? Anyone ever try this?

Popularity: 7% [?]

posted in new trends, ebay auctions | 1 Comment

  • Subscribe to Newsletter

  • Get all the Fresh Tips, New Business Trends, and much more form the Chimp-Simple NewsletterSign Up for Chimp Newsletter. Bonus Gift - WordPress on AutoPilot: Special Report Signup Today!
  • Polls

  • What type of Articles would you like to see?

    View Results

    Loading ... Loading ...

Close
E-mail It