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Buy miles????? Hmmmmmmmm..........

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Old Apr 24, 2002 | 8:17 pm
  #1  
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Buy miles????? Hmmmmmmmm..........

http://cgi.ebay.com/ws/eBayISAPI.dll...tem=1347726666

Boy, sounds like a great bargain. Just wonder how this could be done? Too bad flyertalk.com can't provide this info to us for free!!!!!
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Old Apr 24, 2002 | 8:37 pm
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My guess is that it is information on buying the flyer talk magazine right here on this board, then converting the Starwood miles to airmiles
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Old Apr 24, 2002 | 8:40 pm
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My guess is that you're right. Looks like the guy has a fair number of bids though. Shows the power of information.
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Old Apr 24, 2002 | 8:50 pm
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11 bids over 4 days? Hard to imagine that $50 is worth anyone's time to manage all that.
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Old Apr 24, 2002 | 9:01 pm
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Not really that hard to manage. As long as you are set for eBay payments, it is simple actually. Straight into your bank account.
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Old Apr 24, 2002 | 9:21 pm
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Have you ever actually done a large dutch auction and had to send invoices, verify that you received payments, and then delivery the product in a timely manner?

Paypal doesn't accept MC anymore, btw. This could be a problem for lots of people.
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Old Apr 25, 2002 | 12:27 am
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I ran a free dutch charity auction (charity of your choice on the honor system, no feed back) for the first 10 days of the promo on Ebay, got about 100 bids total in 2 auctions. What was funny was that even though I clearly stated in my auction that people could obtain unlimited miles for 19c/ mile there were plenty of people still bidding over $24+S&H for 1000 miles worth of the Kellogg's certs.

After $36 in Ebay fees and allot of nasty e-mails (from the illegal mile and certs sellers)I decided that I had done my bit to publicize the Inside Flyer Offer. Sent everyone who bid and sent questions the info on the promo and then cancelled the auctions as there were people making fake bids and threatening to leave bad feedback because they didn't like the fact that the bidding had stopped on their auctions once mine appeared.
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Old Apr 25, 2002 | 12:52 am
  #8  
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I hope you notified ebay.

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Mvic:
... and then cancelled the auctions as there were people making fake bids and threatening to leave bad feedback because they didn't like the fact that the bidding had stopped on their auctions once mine appeared.</font>
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Old Apr 25, 2002 | 4:03 am
  #9  
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I can't wait for the next grand scheme someone wants to tell me about.
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Old Apr 25, 2002 | 4:17 am
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Amusing that in the description, NWA is referred to as "Northwestern."

Would a true FF pro do that?
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Old Apr 25, 2002 | 2:42 pm
  #11  
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Here is another guy telling you the secrets on purchasing miles

http://cgi.ebay.com/ws/eBayISAPI.dll...tem=1348263793

He is going to tell you how you can purchase these miles for $4.

And there are 9 bids!!!!!!

I guess people don't know about the flyer talk magazine deal.

I guess I can put the same auction and sell it for $2, a 50% savings.
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Old Apr 25, 2002 | 6:10 pm
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Who is at fault......the buyer or seller? While the info here is free - is it ok to sell it to people who don't know about Flyertalk?
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Old Apr 25, 2002 | 7:46 pm
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Nobody is at fault.
A couple of ways to look at this:

1) This is capitalism at work. In an auction format, a buyer is willing to pay what the information is worth to the buyer, no more (maybe less if the purchase price is less than the buyers price point). Because information models are not perfect, the seller is able to capitalize on inefficient markets and make a profit. Yet the buyer does not lose because his valuation of the information is higher than $0. The seller is not at fault because he is giving the buyer something that the buyer wants at a price the buyer determines.

2) Can people help it if they are stupid?
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Old Apr 25, 2002 | 8:07 pm
  #14  
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by lynneblack:
My guess is that it is information on buying the flyer talk magazine right here on this board, then converting the Starwood miles to airmiles</font>
How can this be used to buy miles at 1.3 cents per mile for all airlines?

The Inside Flyer deal provides miles at around 1.9 cents per mile.
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Old Apr 25, 2002 | 8:19 pm
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by PG:
How can this be used to buy miles at 1.3 cents per mile for all airlines?

The Inside Flyer deal provides miles at around 1.9 cents per mile.
</font>
Actually with the 1:2 conversion rate to QF that comes out to .96 cents per mile...
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