Shameless profiteering on Ebay

russnet
Posts: 278
Joined: Tue 09 Sep, 2003 09.32
Location: Milton Keynes

Well next summer, Oasis come to Milton Keynes to play one of their "mad for it" concerts. A quick look on Ebay shows page upon page tickets up for sale and who would blame them. Your guaranteed to get more for your money than what you originally paid for but one particular Ebay auction grabbed my attention.

For the buy now price of £300 you get two tickets and a night stay at the nearby Premier Lodge. If you bought it seperate then the tickets are probably around £35 each and a nights stay is only £52 (I should know it's literally round the corner from me!)

So what costs £300 on Ebay is actually costing the auctioneer about £120. Three lines that made me laugh...

TICKETS NOT YET IN HAND, BUT WILL BE SENT RECORDED DELIVERY ON ARRIVAL.
Just pray the person is trust worthy after handing them £300!

A ROOM CONFORMATION NUMBER WILL BE EMAILED TO YOU ON PAYMENT OF AUCTION.
We haven't yet booked the room through Premier Lodge but as soon as you win this auction. We will put your address across to the Premier Lodge so we don't have any fallback onto the auctineer or any point of contact.

PLEASE LET ME KNOW IF YOU REQUIRE SMOKING OR NON SMOKING ROOM.
As mentioned, we haven't booked the room yet so we need to know this before the room is booked assuming the availability for the room is there.[/i]
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Sput
Posts: 7547
Joined: Wed 20 Aug, 2003 19.57

The thing about Ebay though, is that the market sets the price, not the sellers. If a buy it now is too highly priced then it won't sell. Simple as.

On a vaguely related note, I bought a horribly price-inflated ticket the other week and today the damned concert was cancelled. Poo!
Knight knight
russnet
Posts: 278
Joined: Tue 09 Sep, 2003 09.32
Location: Milton Keynes

The auction also mentions that should the concert be cancelled then the money will be given back. Let's sell for arguement sake that the concert is cancelled a week before it's actually on. Will the auctioneer actually have kept all the details of the winner and given the money back? Would the money be kept in the safe place until then? Probably not if it was me - it would have been spent the following day!
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