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Frontrunning on comiclink?

Started by fanfourforever,

38 posts in this topic

fanfourforever

fanfourforever

Posted
Posted

If someone lists a book on comiclink at a price that is way below the market, do you think they buy it for themselves? What If someone puts a buy order on the book before comiclink notices the low price? Could they just send you an email saying the book is already sold, and grab it from you? I have no knowledge of this happening, just curious what others think.

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whomerjay

whomerjay

Posted
Posted

I imagine that is one of the benefits of OWNING Comiclink. First dibs.

 

I also imagine Josh would NEVER disclose whether this is the case.

 

However, you will notice that when you submit something for sale on the site, it appears on the site almost immediately after confirming all is OK. So they'd have to be quick, or be able to hold any buy attempts in abeyance.

 

My guess is they are diligent but don't play games.

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dekeuk

dekeuk

Posted
Posted

 

Anyone running a successful business should know you don't kill the goose that lays golden eggs. It's like asking why Vegas casinos don't try to cheat their customers at the games. Answer....... they don't have to.

 

If customers perceive any business to be dishonest (i.e. PGX) then that will ultimately be bad for business in the long run. Why mess with a good thing that is making good profits.

 

 

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qualitycomix

qualitycomix

Posted
Posted

When you place a buy order on comiclink, you don't know whether you won that book or not. I've bought books within 30 seconds of them going online and somehow didn't win the book, although I didn't find out until later.

 

I suspect they run thru all the BINs to see which ones are cheap enough for them to pick up themselves. Don't forget they also get a 10% discount.

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fanfourforever

fanfourforever

Posted
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Posted
When you place a buy order on comiclink, you don't know whether you won that book or not. I've bought books within 30 seconds of them going online and somehow didn't win the book, although I didn't find out until later.

 

I suspect they run thru all the BINs to see which ones are cheap enough for them to pick up themselves. Don't forget they also get a 10% discount.

 

Did you ever see the books you tried to buy show up in one of their auctions, or back up on the site w/ an increased price?

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Aman619

Aman619

Posted
Posted

my experience has been that nobody at comiclink even looks at the site unless someone asks a question, so no, I dont think Josh or any of the other guys are grabbing listings out from under their customers. Can it be done? Sure. If they see that as priority number one, sure, always being vigilant in catching every single book posted. But arent most books posted by the sellers themselves nowadays? We are far away from the olden comiclink that had a few hundred listings up...

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telerites

telerites

Posted
Posted
When you place a buy order on comiclink, you don't know whether you won that book or not. I've bought books within 30 seconds of them going online and somehow didn't win the book, although I didn't find out until later.

 

I suspect they run thru all the BINs to see which ones are cheap enough for them to pick up themselves. Don't forget they also get a 10% discount.

 

The way this was explained to me by CL is the seller still needs to accept the buy now. It is possible that someone else has placed a buy now before you or even that the seller accepts a bid offer (even a bid lower than the buy order) if they aren't careful when they read their e-mails.

 

I don't like this at all. I suggested to CL that once a buy order is placed the book should at least be put on hold.

 

I can't imagine CL sifts through their listings but I guess it is possible.

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Timmay

Timmay

Posted
Posted
When you place a buy order on comiclink, you don't know whether you won that book or not. I've bought books within 30 seconds of them going online and somehow didn't win the book, although I didn't find out until later.

 

I suspect they run thru all the BINs to see which ones are cheap enough for them to pick up themselves. Don't forget they also get a 10% discount.

 

The seller has to accept the BIN before it shows up on the site as sold. I just had a couple of books where some hit the BIN and it didn't even show up as a bid placed on the site (i.e. it looked like you could still bid on them). As soon as I went into my account and accepted them they went straight to sale pending.

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EastEnd

EastEnd

Posted
Posted
When you place a buy order on comiclink, you don't know whether you won that book or not. I've bought books within 30 seconds of them going online and somehow didn't win the book, although I didn't find out until later.

 

I suspect they run thru all the BINs to see which ones are cheap enough for them to pick up themselves. Don't forget they also get a 10% discount.

 

The seller has to accept the BIN before it shows up on the site as sold. I just had a couple of books where some hit the BIN and it didn't even show up as a bid placed on the site (i.e. it looked like you could still bid on them). As soon as I went into my account and accepted them they went straight to sale pending.

 

I think they need the seller to confirm the sale to insure that the book is still available and hasn't already been sold.

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greggy

greggy

Posted
Posted
which books?

 

 

The one's I sold? (shrug)

 

 

 

 

 

 

:jokealert:

 

Some IM dupes

 

 

i was asking about the DCs.

sorry

Still on the first page of new arrives. Books like Adventure 300 CGC 9.0 for $750
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Ghost Town

Ghost Town

Posted
Posted
my experience has been that nobody at comiclink even looks at the site unless someone asks a question, so no, I dont think Josh or any of the other guys are grabbing listings out from under their customers.

I think people are going suspect that ComicLink snags books from under their customers until they start placing a "sale pending" on the listing when somebody pops for the BIN price. The way it works now is that you have no idea if you got the book or if somebody else popped for the BIN price too. I've heard the explanation that the seller has to confirm the sale before it's listed as "sale pending." But that's no reason why buyers should be kept in the dark. So maybe there's another reason it works that way.

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buttock

buttock

Posted
Posted

Comicconnect requires "verification" before the listing becomes active.

 

I assume verification entails someone signing off that CC doesn't want to buy it first. There are enough nonsensically graded/priced books on there to show that they're clearly not trying to verify grading or pricing.

 

I would assume CL does this as well, and I don't really see a problem with it. One of the perks of owning a successful consignment service.

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Foolkiller

Foolkiller

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I always thought it was common knowledge that Comiclink often buys books on its site and owns many of the books it puts in auctions or are for sale. I have always assumed that Clink will buy books that they may see listed cheaply, especially since I think there is a specific option when selling that you can sell directly to Clink.

 

Either way, I'm not sure there's anything wrong with it. If a seller lists a book for $300 and Josh wants to buy it for $300 who cares?

 

 

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