[FoRK] New types of web auctions / scams
howell.r at inkworkswell.com
Fri Oct 8 17:23:49 PDT 2010
At 19:56 08 10 10, Stephen Williams wrote:
>There are plenty of clues to the huckster nature, including the fake
>Local TV channel-like web site pushing it:
Wavee, huh. You could have been describing http://www.plundr.com,
Plundr adds a twist: they put bid-packs of 10, 25, 50, and 100
bids up for auction also.
I watched a FujiFilm digital camera sell, for just over $15.00.
(it was actually $16 and change IIRC).
$15.00 is 1,500 penny-bids, each bid costing the bidder about
60 cents (not accounting for bid-packs won at auction). So that
means Plundr grossed over $900.00 on a camera they reported as
having a retail price of $229.00.
P.T. Barnum was right. @@
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