Business Opportunities Weblog

July 10, 2006 by Ty Tribble | 0 Comments

 AuctionBytes

Among eBay sellers’ top challenges is the problem of deadbeat bidders, also known as non-paying bidders. A service from ReliaBid promises to tackle this challenge by bringing sellers together with a collection agency. ReliaBid warns potential bidders of this consequence through a seal that appears in participating seller listings.

Seal programs on eBay have been around since as early as 2001, when ReliableMerchants.com used them to indicate to potential bidders that sellers whose listings carried the seal were trustworthy. Generally, seals are standard messages that sellers insert in their eBay listings and allow potential buyers to verify a seller’s participation in the seal program.

ReliaBid uses seals to discourage shoppers from making frivolous bids by warning them that sellers will use a collection agency to go after non-paying bidders if they win the auction but don’t pay for it.

In Ebay & Online Auctions | 0 Comments