Non Paying Bidders A Thing Of The Past
None Bidders on Auctions
Buyers who bid and don’t pay have been problem on auction sites for years
That has changed recently with updates on Treasuresauctions sites
Buyers now need to confirm email address and be paypal verified before bidding can proceed and
can nowalso register from their Facebook login
If a buyer is not verified by paypal they can buy a Buy It Now item and that verifies their account
before they can bid on No reserve auctions
In past we had what we term Bid Junkies.
They would register false email address n name and on our old system could bid on up to 6 items
before our system would ask them to pay before more bids placed
We would suspend them and their IP address but they would simply go to another location such a
library and register and bid again
But that has stopped now as all bids are from approved buyers
99% of non paying bids have been stopped by our new system
But we still have Buyers who will bid and do not pay some sellers.
We term these LEB Lost Emotional Bids
There are many reasons why good buyers who have lot feedback but will not pay for small
Reasons can vary greatly from
Spending over their budget ,many sellers require payment in 3 days after item has been won.
Health reasons and buyer cannot respond in time.
Personal conflict. Some buyers take offense to payment requests.
Professional wording is so important in payment requests.
Some buyer make genuine bid and then find another item they prefer.
We advise sellers if buyer bids and does not pay, that they should block this buyer from bidding
again on their items
Even after monitoring over 2 million bids we cannot find a logical reason why a good buyer will
constantly pay for nearly all of their bids and wins but leave few unpaid.