1. For many consumers, saving money is a key part of
their monthly shopping habits. What many have
found is that eBay coupon listings are a great way to
find what they need for their groceries, and in recent
data, eBay coupon auctions were numbered at
fifty-six thousand strong. This data was compiled by
terapeak, a watchdog of eBay analytics, from
06/2010 data.
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2. The sellers of the eBay coupon auctions are gathering their coupons
from local sources, and national ads, much like a natural consumer would
do, but in bulk They take their eBay coupon from various newspapers
and normal channels, and sell them for a profit under an eBay coupon
listing There is often a disclaimer on the coupons from the
manufacturers, stating something along the lines of, "Void if transferred,
sold, copied
3. etc " Legally speaking, an eBay coupon does not violate any laws on the
books in the U S , so many sellers are taking advantage of this fact
These eBay coupons have saved thousands of dollars for the consumers
buying them
4. For example, there may be a listing for 10 coupons offering $3 50 off of
a purchase That would be $35 savings, all told The seller of the eBay
coupon could offer the lot up for $3 00 total, or some such price
5. The savings would still be significant to the consumer, $32 Because of
the economics of the transaction, the eBay coupon "ring" is not going
away soon There are companies who are not happy about these
transactions, and want the eBay coupon sellers to cease and desist Two
such entities are the Food Marketers Institute, and the Grocery
Manufacturers of America These two have sent a letter regarding the
eBay coupon to the e-commerce giant, asking they stop supporting these
eBay coupon sellers in their activity
6. The response from eBay was to take no real course of action As things
stand, the eBay coupon rules state that sellers are not to engage in
selling coupons that forbid such activity Then eBay tells the reader that
they will not monitor or police such sales, but they leave it to the seller to
monitor their own activity There is also a rule that coupons cannot be
valued at the cost of labor to cut the coupons, but only can be valued by
the eBay coupon itself
7. However all of that will play out is anyone's guess In the
meantime, sellers and buyers alike all enjoy the benefits of the eBay
coupon auctions, on the one hand saving money, on the other hand
making money from the sale What manufacturers do not appreciate is
that in order to enforce their rules of voiding the coupon if sold, they
would need to monitor such sales The fact that eBay coupon auctions
take place indicates that there is no mechanism in place to monitor these
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8. To save even more money, smart shoppers are now beginning to take
advantage of websites that allow free membership to a cash back
program for eBay coupon auctions and other sales Consumers join
these sites for free and then buy the eBay coupon through a special link,
and are reimbursed with money to buy an eBay coupon or other
purchase This extra savings may be why so many eBay coupon auctions
exist to begin with