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Subject: 
Re: Feeback - how worthwhile is it?
Newsgroups: 
lugnet.market.theory
Date: 
Mon, 15 Jan 2001 00:04:35 GMT
Viewed: 
516 times
  
Mike Stanley wrote:

I've been mulling over the feedback thing in my mind lately, especially
after someone pointed out what appears to be a pretty strong effort to "pump
up" feedback by making multiple small orders from the same buyer on Brickbay.

Are you talking about feedback in general, or just feedback from a
sellers perspective on Brickbay (as your responses seem to suggest)? My
perspective is as a buyer, who plans to sell at some point.

So I guess what I'm wondering is - what do people do when they see a number
next to someone's name?  If it is high (say above 50) do they automatically
assume "ah, trustworthy person" without reviewing it?

On eBay, I always look at feedback before bidding. If the number is
high, and they have no negatives, I just read the first page, and then
spot check a few other pages to get a feel for satisfaction. If I see
negatives comments, I try and read them all, but usually end up bidding
(many times someone with a high feedback will have a few times when a
transaction went bad, and it's often easy to see how the buyer got upset
over nothing - or just wanted to be a jerk). As a seller, I would tend
not to look in too much detail at the feedback of the buyer. I'm not
risking much, though I guess on eBay I might check the feed backs of the
top bidders, but even so, I suspect it would be difficult to actually
get early wind of a trouble maker. I don't tend to re-check feedback of
people I've bought from before, which could be a mistake if they played
nice to get a decent feedback and then took a bunch of folks for a ride.

If it is low (say below 5) do they assume anything?  Do they always go read
it, thinking maybe the person has to be new, at least to that system?

As a buyer, I usually don't bid on eBay if the feedback is this low,
though occasionally I will give the person the benefit of the doubt
(especially if those few feed backs have an instance of selling amongst
them). As a seller, I wouldn't tend to worry much. I just don't have
that much to lose.

If it is high and they go check it out and see things like 2, 3, 4, or more
orders between a buyer and a seller, all on the same day, does that suggest
anything?

Who knows what it means. It certainly does sound suspicious, and I guess
I'd be a little wary of someone who would do that, though they could be
someone who has done a lot of eBay buying and ran into sellers who gave
them hassle until they built up a good rating.

Frank



Message has 1 Reply:
  Re: Feeback - how worthwhile is it?
 
(...) I was mainly thinking about feedback ON Brickbay, but not so much from either one perspective or another when it comes to buying or selling. I do take your point about sellers having to worry less, though. Oddly enough I was just browsing (...) (23 years ago, 15-Jan-01, to lugnet.market.theory)

Message is in Reply To:
  Feeback - how worthwhile is it?
 
I've been mulling over the feedback thing in my mind lately, especially after someone pointed out what appears to be a pretty strong effort to "pump up" feedback by making multiple small orders from the same buyer on Brickbay. So I guess what I'm (...) (23 years ago, 14-Jan-01, to lugnet.market.theory)

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