Posted: Fri Sep 12, 2008 10:29 am Post subject: Get the bidding for purchase of products
I am using the online shopping sites to get the bidding for purchase of products but I have observed that only all the party bidding at the same products with the same rate. Can I say it as shill bidding?
Yes, in many online shopping sites there are many seller apply this tactic to register with other name and bid on the same products at limited fixed amount. Third bidder can’t get understand the mechanics so the bidder get bid near to that range so the seller gets the actual bidding cost as per the predefined target. The seller gets the fair prices on the bidding. It is more crucial to understand the bidding terms. The seller users the shill bidding technique to bid the products at the higher process and get the proper price.
No, it is not fair practice to bid the products at the higher rates and also using the various accounts to bid the products. It is unfair and you needs to see the traffic on the same bidding and watched the bidding pattern to understand the basic. Normally it is not identify easily but you take care of by lower bidding only.