The Jazz Guitar Chord Dictionary
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  1. #1

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    Ok we know Reverb is a joke operation that is very unfriendly to most of us. My question has to do with searching the place for guitars. I have various searches I do on Reverb so I can see what the latest crazy prices some ask for their guitars. I do come across sometimes it will show the guitar in someone's cart and predicted to sell quickly? I wonder if this is some gimmick Reverb has or if in fact someone put the guitar in their cart to purchase but not yet actually bought. My guess is that it is a gimmick or they have reverb how many times someone has looked at the guitar. Does anyone know?

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    The Jazz Guitar Chord Dictionary
     
  3. #2

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    It's a really good question. I was wondering about it myself. All I know is that many times it predicts correctly. So many times it says that something is about to sell soon and surely a little while after someone is making on offer on it or the item is sold...I'm not sure if there is a person who is actually put the item in their cart though...seems a bit odd considering the fact that many sellers are accepting offers...

    Sent from my SM-G988U using Tapatalk

  4. #3

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    I’ve placed items in my cart several times. It’s not often that I’ve actually bought them.

  5. #4

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    Putting it in the cart is how you get full pricing info including sales tax and shipping. So it could mean someone is still window shopping, or it could mean they're actually on their way to buying. There's no real way to tell. I've put stuff on my watch list that was predicted to sell soon. I haven't tracked this systematically, but my sense is that most does not actually sell quickly (most of the stuff I put in a watch list stays there for weeks). So it is a real thing and not _simply_ a gimmick, but it is also a gimmick intended to rush you into buying something.

  6. #5

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    I can guarantee you that some people are putting their own guitars in carts and having friends do it in order to try to drive sales. Same for offers being made.

  7. #6

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    I have put guitars in carts and forgotten about them. It doesn't mean a thing except that someone put it in his cart. That is about it. Until it is sold, "someone put it in his cart".

  8. #7

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  9. #8

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    Quote Originally Posted by deacon Mark
    Ok we know Reverb is a joke operation that is very unfriendly to most of us. My question has to do with searching the place for guitars. I have various searches I do on Reverb so I can see what the latest crazy prices some ask for their guitars. I do come across sometimes it will show the guitar in someone's cart and predicted to sell quickly? I wonder if this is some gimmick Reverb has or if in fact someone put the guitar in their cart to purchase but not yet actually bought. My guess is that it is a gimmick or they have reverb how many times someone has looked at the guitar. Does anyone know?
    deacon Mark,
    I can't answer your question with facts since I don't work for Reverb; however, you can be sure that Reverb and its parent company, Etsy, know a thing or two about selling products online and everything that you see (or don't see) on the website is determined by algorithms that analyze behavioral and statistical sales data of all types from various sources. These algorithms can predict who's doing what to whom, when and how. They can predict the likelihood that any particular item will sell, at what price, and how quickly, and they use that info to goad you into a sale. And yes, there are lots of ingenious and inventive tricks used by buyers and sellers to push their stuff, but you can be sure that these tricks are not lost on the folks at Etsy/Reverb and that their predictive algorithms take those tricks into account.

    Once upon a time things at Reverb may have been different, but now that they are part of a multi-billion dollar, publicly traded company, they can no longer afford to have the gear and those who love it as their priority; the nature of the beast is simply to push product and increase earnings for shareholders, and if that includes instigating price inflation then so be it. I recently retired after 30+ years working for a Big 4 firm to provide tax advice to multi-national corporations, and I can assure you that Reverb would not survive if their goal was to be more friendly to their users; Revenue is king.

    Yes, I understand that it would be nice to have a place that conforms to Reverbs stated interest, which is "...an online destination where the global music community can connect over the perfect piece of music gear" but that is no longer possible when the priority is not about the gear.
    Andrew

  10. #9

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    I thought this thread was gonna be about “how much dry sound should I include in my reverb mix” or somesuch?

    I’ve said before that these auction and buying sites are a mixed blessing. They give us access to a wider world of products and buyers than were ever possible (remember checking the classifieds or visiting pawnshops on a regular basis?), but such convenience comes at a price.

    I don’t think I have ever bought anything from Reverb actually, but if I wanted, say, a 175, it is incredible to be able to look at 30-40 of them at a time and pick the one you’re willing to part with the money for. Though I would still prefer buying from someone I know or someone local or someone on this forum!

  11. #10

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    Quote Originally Posted by ARGewirtz
    deacon Mark,
    I can't answer your question with facts since I don't work for Reverb; however, you can be sure that Reverb and its parent company, Etsy, know a thing or two about selling products online and everything that you see (or don't see) on the website is determined by algorithms that analyze behavioral and statistical sales data of all types from various sources. These algorithms can predict who's doing what to whom, when and how. They can predict the likelihood that any particular item will sell, at what price, and how quickly, and they use that info to goad you into a sale. And yes, there are lots of ingenious and inventive tricks used by buyers and sellers to push their stuff, but you can be sure that these tricks are not lost on the folks at Etsy/Reverb and that their predictive algorithms take those tricks into account.

    Once upon a time things at Reverb may have been different, but now that they are part of a multi-billion dollar, publicly traded company, they can no longer afford to have the gear and those who love it as their priority; the nature of the beast is simply to push product and increase earnings for shareholders, and if that includes instigating price inflation then so be it. I recently retired after 30+ years working for a Big 4 firm to provide tax advice to multi-national corporations, and I can assure you that Reverb would not survive if their goal was to be more friendly to their users; Revenue is king.

    Yes, I understand that it would be nice to have a place that conforms to Reverbs stated interest, which is "...an online destination where the global music community can connect over the perfect piece of music gear" but that is no longer possible when the priority is not about the gear.
    Andrew
    Excellent points.

    Reverb is for the convenience and financial benefit of its users the way that Twitter is for free speech. There is a casual relationship, but the primary purpose is to make money for the company and shareholders.

    (Reminds me of a review of Lou Reed I read once—“he has only a casual relationship with correct pitch”…LOL…)

  12. #11

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    Most of the time you see that it's in someone's cart the seller has Make Offer option. They are wheelin' & dealin'