I sold a lot on ebay. Sellers have no need for putting high prices on an item like that. The issue of inventory is handled by indicating internally your number you want to put, and as they sell at the individual competitive price, the listing stays up because of your inventory.
You're missing his point. He's saying they inflate the price to prevent someone from buying it, because it is out of stock. They want to keep the listing up, so they do this.
This is literally so they can keep a listing active when an item is out of stock.
When the item is back in stock it takes much less effort to update a price compared to remaking a listing.
I sold a lot on ebay. Sellers have no need for putting high prices on an item like that. The issue of inventory is handled by indicating internally your number you want to put, and as they sell at the individual competitive price, the listing stays up because of your inventory.
You're missing his point. He's saying they inflate the price to prevent someone from buying it, because it is out of stock. They want to keep the listing up, so they do this.
Because being dishonest about the price is better than just saying the item is out of stock and expected to be restocked soon?
Placing the item out of stock will close the listing. Pretty sure it costs to list items.