I know everyone can and will pick this apart, so have fun. You have to be able to buy the products you are auctioning off at the price points you need in order to get the absolute lowest prices possible from within the channel. You should take a second look at what Nicholas is saying because he is right, I have investigated these auction sites myself, some are indeed a scam but others are legitimate auction sites that are actually large scale startups. Can you see where you’re true profits lie in your business? There are good points on both sides, but labeling something as a definitive scam is cause for debate. November 2, at pm.