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#26
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So, if I understand correctly...
The accusation is that a significant portion of eBay BIN sales are not making it into VCP data and that these data points conceivably represent prices that are "higher than average." In so doing, VCP would be inadvertantly skewing the data downward by reporting what is likely the midrange and lower end of sales. Thus, the more people use VCP as a "top end" for what they are willing to pay, the more it would contribute a downward spiral of prices. Is that a fair summary of what is being discussed? Obviously, people's behavior is it is not Bobby's or VCP's fault, but if incomplete data leads to inaccurate "average prices" and people are led to believe that it is accurate, then there is a bigger underlying problem. |
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