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> <channel><title>Comments on: How to Solve eBay&#8217;s Efencing Problem</title> <atom:link href="http://www.investortrip.com/how-to-solve-ebays-efencing-problem/feed/" rel="self" type="application/rss+xml" /><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/</link> <description>Digest global markets, retirement investing, global ETFs, and currency trading news and analysis.</description> <lastBuildDate>Thu, 18 Mar 2010 04:45:24 -0400</lastBuildDate> <generator>http://wordpress.org/?v=2.8.6</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: ‘E-fencing on eBay – lets enforce the check before you buy! &#171; CheckMEND Blog</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-171315</link> <dc:creator>‘E-fencing on eBay – lets enforce the check before you buy! &#171; CheckMEND Blog</dc:creator> <pubDate>Mon, 16 Jun 2008 18:31:31 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-171315</guid> <description>[...] about who is to blame and who&#8217;s responsibility it is. One I would like to highlight is, Investor Trip&#8217;s They point out the fact that eBay seem to be passing the buck. Quoting eBay&#8217;s Vice President [...]</description> <content:encoded><![CDATA[<p>[...] about who is to blame and who&#8217;s responsibility it is. One I would like to highlight is, Investor Trip&#8217;s They point out the fact that eBay seem to be passing the buck. Quoting eBay&#8217;s Vice President [...]</p> ]]></content:encoded> </item> <item><title>By: ann</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-88098</link> <dc:creator>ann</dc:creator> <pubDate>Fri, 07 Dec 2007 03:46:51 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-88098</guid> <description>Doesn&#039;t it make you wonder - how can someone sell something for 10% of retail and still pay ebay listing and final fees and also pay pal fees? Where is the profit?</description> <content:encoded><![CDATA[<p>Doesn&#8217;t it make you wonder &#8211; how can someone sell something for 10% of retail and still pay ebay listing and final fees and also pay pal fees? Where is the profit?</p> ]]></content:encoded> </item> <item><title>By: ann</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-88089</link> <dc:creator>ann</dc:creator> <pubDate>Fri, 07 Dec 2007 03:40:41 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-88089</guid> <description>HOW IS EBAY TO KNOW IF A GIFT CARD IS PURCHASED FRAUDENTLY???????? DUHDo you know any where else a gift card can be purchased for less than 100% of the face value?????When I purchase a bank gift card legitimately is costs $5.00 over and above the card value ////////I would not purchase a gift card on ebay - as the saying goes - if it sounds too good to be true - let the buyer beware the next time he purchases a gift card for less than face value of the card -</description> <content:encoded><![CDATA[<p>HOW IS EBAY TO KNOW IF A GIFT CARD IS PURCHASED FRAUDENTLY???????? DUH</p><p>Do you know any where else a gift card can be purchased for less than 100% of the face value?????</p><p>When I purchase a bank gift card legitimately is costs $5.00 over and above the card value ////////</p><p>I would not purchase a gift card on ebay &#8211; as the saying goes &#8211; if it sounds too good to be true &#8211; let the buyer beware the next time he purchases a gift card for less than face value of the card -</p> ]]></content:encoded> </item> <item><title>By: Colleen</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-84195</link> <dc:creator>Colleen</dc:creator> <pubDate>Mon, 03 Dec 2007 20:32:12 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-84195</guid> <description>I agree that the only reasonable answer is to crack down on retail theft. As both a buyer and seller at eBay, I think its ridiculous to expect eBay executives to track down stolen merchandise. EBay is simply a portal through which the public can buy and sell, so why should they be held responsible for the actions of the public?!Complicating the selling process on eBay is only going to punish thousands of sellers who don&#039;t sell stolen merchandise - why punish the masses for a crime being committed by a few?The bottom line is that retailers need to take action to reduce theft, and individuals need to take precaution to make sure their credit cards/passwords aren&#039;t stolen - don&#039;t expect other people (or the law) to protect you, you have to take steps to protect yorself.</description> <content:encoded><![CDATA[<p>I agree that the only reasonable answer is to crack down on retail theft. As both a buyer and seller at eBay, I think its ridiculous to expect eBay executives to track down stolen merchandise. EBay is simply a portal through which the public can buy and sell, so why should they be held responsible for the actions of the public?!</p><p>Complicating the selling process on eBay is only going to punish thousands of sellers who don&#8217;t sell stolen merchandise &#8211; why punish the masses for a crime being committed by a few?</p><p>The bottom line is that retailers need to take action to reduce theft, and individuals need to take precaution to make sure their credit cards/passwords aren&#8217;t stolen &#8211; don&#8217;t expect other people (or the law) to protect you, you have to take steps to protect yorself.</p> ]]></content:encoded> </item> <item><title>By: ann</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-65647</link> <dc:creator>ann</dc:creator> <pubDate>Sun, 11 Nov 2007 03:19:37 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-65647</guid> <description>Hi, I don&#039;t know if it is possible to be successful on e-bay unless you can power sell right from the start - Honestly - only about 1/3 of the items on e-bay get sold - the costs incurred for the  other 2/3 cut right in the profit of the items that sell - It seems e-bayers are only ready to pay 10 to 20 % of msrp -  Do the math - e-bay is a buyers market - Is it any wonder there is so much &quot;fencing&quot;</description> <content:encoded><![CDATA[<p>Hi, I don&#8217;t know if it is possible to be successful on e-bay unless you can power sell right from the start &#8211; Honestly &#8211; only about 1/3 of the items on e-bay get sold &#8211; the costs incurred for the  other 2/3 cut right in the profit of the items that sell &#8211; It seems e-bayers are only ready to pay 10 to 20 % of msrp &#8211;  Do the math &#8211; e-bay is a buyers market &#8211; Is it any wonder there is so much &#8220;fencing&#8221;</p> ]]></content:encoded> </item> <item><title>By: Identity Resolution Daily Links 2007-11-02 - Identity Resolution Daily</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-59843</link> <dc:creator>Identity Resolution Daily Links 2007-11-02 - Identity Resolution Daily</dc:creator> <pubDate>Fri, 02 Nov 2007 19:08:17 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-59843</guid> <description>[...] from Infoglide Software] The Internet: Treat or Trick? E-fencing will get you about $.70 on the dollar, and it’s less risky because there is a certain degree of anonymity. Bottom line, it’s become a [...]</description> <content:encoded><![CDATA[<p>[...] from Infoglide Software] The Internet: Treat or Trick? E-fencing will get you about $.70 on the dollar, and it’s less risky because there is a certain degree of anonymity. Bottom line, it’s become a [...]</p> ]]></content:encoded> </item> <item><title>By: The Internet: Treat or Trick? - Identity Resolution Daily</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-58983</link> <dc:creator>The Internet: Treat or Trick? - Identity Resolution Daily</dc:creator> <pubDate>Wed, 31 Oct 2007 20:14:22 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-58983</guid> <description>[...] E-fencing will get you about $.70 on the dollar, and it&#8217;s less risky because there is a certain degree of anonymity. Bottom line, it&#8217;s become a big problem for the retail industry. So much so that retailers are taking it to the Hill. Several retail execs recently testified before the House Judiciary Committee&#8217;s Subcommittee on Crime, Terrorism and Homeland Security about the problems of ORC and e-fencing. [...]</description> <content:encoded><![CDATA[<p>[...] E-fencing will get you about $.70 on the dollar, and it&#8217;s less risky because there is a certain degree of anonymity. Bottom line, it&#8217;s become a big problem for the retail industry. So much so that retailers are taking it to the Hill. Several retail execs recently testified before the House Judiciary Committee&#8217;s Subcommittee on Crime, Terrorism and Homeland Security about the problems of ORC and e-fencing. [...]</p> ]]></content:encoded> </item> <item><title>By: Pete Kortum</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-51226</link> <dc:creator>Pete Kortum</dc:creator> <pubDate>Mon, 17 Sep 2007 02:12:06 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-51226</guid> <description>How should they have known?  Maybe when a seller has a dozen listings for $500 cards from various merchants?  Duhhhh.   In the aftermath of the crackdown they were somehow able to devise some COMMON SENSE safeguards, which limit the number of listings permitted for this type of product.eBay has shown time and time again they care nothing about fraud, which is evident from the pirated software which has been abundant at the site for years.EBay does not monitor its website for fake goods, but it will remove infringing items once they have been brought to its attention by the rights owner or its representative.MAYBE WHEN A FEW OF THEIR WHITE COLLAR CRIMINAL EXECS ARE CUFFED they will take a proactive approach.You need more proof of their larcenous nature?  They STOLE the buy it now technology from the patent holder when negotiations broke down.  Like many white collar criminals they determined it would be profitable to STEAL, and then pay the vicim   from the profits of their THEFT.  They should have been banned from using STOLEN technology, but they correctly assumed some buffoon-in-black would rule in their favor in this regard.  They paid 25 mill to the patent holder, and no doubt have profited many times that amount.</description> <content:encoded><![CDATA[<p>How should they have known?  Maybe when a seller has a dozen listings for $500 cards from various merchants?  Duhhhh.   In the aftermath of the crackdown they were somehow able to devise some COMMON SENSE safeguards, which limit the number of listings permitted for this type of product.</p><p>eBay has shown time and time again they care nothing about fraud, which is evident from the pirated software which has been abundant at the site for years.</p><p>EBay does not monitor its website for fake goods, but it will remove infringing items once they have been brought to its attention by the rights owner or its representative.</p><p>MAYBE WHEN A FEW OF THEIR WHITE COLLAR CRIMINAL EXECS ARE CUFFED they will take a proactive approach.</p><p>You need more proof of their larcenous nature?  They STOLE the buy it now technology from the patent holder when negotiations broke down.  Like many white collar criminals they determined it would be profitable to STEAL, and then pay the vicim   from the profits of their THEFT.  They should have been banned from using STOLEN technology, but they correctly assumed some buffoon-in-black would rule in their favor in this regard.  They paid 25 mill to the patent holder, and no doubt have profited many times that amount.</p> ]]></content:encoded> </item> <item><title>By: TJP</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-48251</link> <dc:creator>TJP</dc:creator> <pubDate>Thu, 16 Aug 2007 01:50:30 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-48251</guid> <description>@ PeteHow is eBay supposed to know that the gift cards were purchased fraduently? People need to protect their information, and closely watch their statements, passwords, personal information, etc.Currently, there is no legimate way to single out a criminal from an average seller. Each eBay member registers, enters their information, then begins selling.Do you suggest a more complicated seller registration process?</description> <content:encoded><![CDATA[<p>@ Pete</p><p>How is eBay supposed to know that the gift cards were purchased fraduently? People need to protect their information, and closely watch their statements, passwords, personal information, etc.</p><p>Currently, there is no legimate way to single out a criminal from an average seller. Each eBay member registers, enters their information, then begins selling.</p><p>Do you suggest a more complicated seller registration process?</p> ]]></content:encoded> </item> <item><title>By: Pete Kortum</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-47995</link> <dc:creator>Pete Kortum</dc:creator> <pubDate>Mon, 13 Aug 2007 13:47:30 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-47995</guid> <description>eBay SHOULD know what is going on in many instances involving hot merchandise, but they elect to look the other way. How many years were they allowing the sale of high dollar retail gift cards(Pier One, Lowes, etc) obviously purchased with stolen credit cards?  Only after the heat was turned up in 2006 did eBay place restrictions on these items, vs advising consumers to  take precautions to prevent their credit card numbers from being stolen.</description> <content:encoded><![CDATA[<p>eBay SHOULD know what is going on in many instances involving hot merchandise, but they elect to look the other way. How many years were they allowing the sale of high dollar retail gift cards(Pier One, Lowes, etc) obviously purchased with stolen credit cards?  Only after the heat was turned up in 2006 did eBay place restrictions on these items, vs advising consumers to  take precautions to prevent their credit card numbers from being stolen.</p> ]]></content:encoded> </item> <item><title>By: metal detectors - uttaruk.com &#187; How to Solve eBay&#8217;s Efencing Problem - Investor Trip</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-1037</link> <dc:creator>metal detectors - uttaruk.com &#187; How to Solve eBay&#8217;s Efencing Problem - Investor Trip</dc:creator> <pubDate>Tue, 30 Jan 2007 12:43:41 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-1037</guid> <description>[...] Original post by InvestorTrip.com - Financial Talk for Investors and software by Elliott Back [...]</description> <content:encoded><![CDATA[<p>[...] Original post by InvestorTrip.com &#8211; Financial Talk for Investors and software by Elliott Back [...]</p> ]]></content:encoded> </item> <item><title>By: TJP</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-1027</link> <dc:creator>TJP</dc:creator> <pubDate>Mon, 29 Jan 2007 06:49:22 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-1027</guid> <description>Proper verification would reduce fraud, but we all know that eBay is great for selling things on the fly. A lot of members, like myself, do not have a business license, thus the average lister would have another obstacle to climb over just to sell a couple widgets.And I&#039;ve liquidated entire collections on eBay before, which took over 30 transactions to sell everything. If I had to obtain a business license, I would have gone elsewhere.But I agree, there should be a threshold as to how much you can sell without providing proper business identification.I&#039;m considering an eBay business in the near future, and would appreciate some insight on how to become successful at selling goods.</description> <content:encoded><![CDATA[<p>Proper verification would reduce fraud, but we all know that eBay is great for selling things on the fly. A lot of members, like myself, do not have a business license, thus the average lister would have another obstacle to climb over just to sell a couple widgets.</p><p>And I&#8217;ve liquidated entire collections on eBay before, which took over 30 transactions to sell everything. If I had to obtain a business license, I would have gone elsewhere.</p><p>But I agree, there should be a threshold as to how much you can sell without providing proper business identification.</p><p>I&#8217;m considering an eBay business in the near future, and would appreciate some insight on how to become successful at selling goods.</p> ]]></content:encoded> </item> <item><title>By: ProBizTeam</title><link>http://www.investortrip.com/how-to-solve-ebays-efencing-problem/comment-page-1/#comment-1026</link> <dc:creator>ProBizTeam</dc:creator> <pubDate>Mon, 29 Jan 2007 06:40:23 +0000</pubDate> <guid
isPermaLink="false">http://www.investortrip.com/investing/how-to-solve-ebays-efencing-problem/#comment-1026</guid> <description>e-Fencing Is Only One Of The Problems Faced By eBayWe&#039;ve been buying and selling on eBay since 1997.  During this time we&#039;ve seen eBay move steadily towards maximizing profits, while paying only lip service to site security and fraud prevention.e-Fencing and many other problems on eBay could be vastly reduced, by requiring sellers to be verified prior to listing items for sale.  Sellers who wish to sell more than half a dozen items per month or 50 items per year should be required to provide a valid business sales certificate that matches their address info on file.</description> <content:encoded><![CDATA[<p>e-Fencing Is Only One Of The Problems Faced By eBay</p><p>We&#8217;ve been buying and selling on eBay since 1997.  During this time we&#8217;ve seen eBay move steadily towards maximizing profits, while paying only lip service to site security and fraud prevention.</p><p>e-Fencing and many other problems on eBay could be vastly reduced, by requiring sellers to be verified prior to listing items for sale.  Sellers who wish to sell more than half a dozen items per month or 50 items per year should be required to provide a valid business sales certificate that matches their address info on file.</p> ]]></content:encoded> </item> </channel> </rss>
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