Monthly Archives: April 2012

eBay: Doing It Right

Wholesale Directory

We all love that the internet has given us a store right at the tip of our fingers.  Once you reach college and have your own credit card you have the power of ebay whenever you want it.  Of course, like any great thing, ebay can either be used for good, or evil.  There are cons and tricks that shady ebay sellers use to take your hard-earned college loan money.  Don’t let it happen to you.  Here are a few buyer tricks that can help you keep more money in your pocket:

Check the Return Policy – You don’t ever get a chance to see the item, try it on, test it out, before it winds up on your front porch when you buy with ebay.  That’s not too bad if you get a pair of socks in the mail that are European men’s large instead of American, but it is if it’s the Delorian that the seller forgot to mention was only model car.  You should always check to see if you can return the item if it turns out to be something other than what you wanted, so that you don’t waste your money on something useless.

Read The Description Carefully – Like real-estate, ebay descriptions have a set of key words that don’t really mean exactly what you think they might.  Things like “one-of-a-kind” and “well-loved” can hint that they are trying to up-sell something that might not be all that great.  Watch out for phrases that seem incongruous, so that when they describe the steampunk leather purse as “unique” or “hand-crafted” you will know that they might really be saying that it’s held together with duct tape and super glue.

Don’t Get Caught In Bid Wars – We’ve all done it.  We spotted the vintage video game that we’ve always wanted for way less than it is worth at it’s current bid. You place a bid thinking it’s harmless, and come back a little later to see that someone outbid you. Hey, what’s another 50 cents, right?  Until that 50 cents somehow becomes several thousand dollars too much and you have to sell your car to make the payment.  Bidding can be addicting so don’t let yourself get drawn into it.  Before you start bidding on something, set yourself a limit and back off when you get there.  Don’t let yourself get caught up in the spirit of the game, only to lose more important things along the way.

Contact Seller: Your New Best Friend – One of ebay’s greatest aspects is the fact that they track all of their sellers.  That means that you can easily see how other people have reacted to them.  Of course, that’s not a guarantee.  If you aren’t feeling really certain about your purchase, you can always contact the seller.  You can ask questions, set up any special arrangements, or just try to get a feel for the guy selling his used laptop to you, before you ship them the money and get a toy in the mail.

About the Author

K. Allu is a writer for AspiringNurse.com. In order to understand how to become a nurse and even the nurse practitioner salary, this great site can help you tremendously.

How eBay Auction Bidding Works

Wholesale Directory

We all know now that eBay is one of the most powerful (or probably THE most powerful) online selling platform there is. Recently, it has opened a new option of selling online which they dubbed as ‘fixed-price transactions’. Of course, their primarily method of selling and or buying online through auctions continue to be available. eBay auctions have continued to comprise about one half of all sales made through eBay. But what really is an eBay auction and how does it work?

An eBay auction is basically just an online form of the traditional method of doing auctions. In a traditional or actual (live) auction, a speed-talking auctioneer stands in front of the crowd, coaxing them to bid more on the price of the item being sold. Things happens real fast. Once the highest bid is placed, then the one who placed it immediately wins the item and pays for it. The same process goes with internet auctions just like eBay’s; the only difference is there is no speed-talking auctioneer to confirm bids. Instead, the bidding is automated, and it doesn’t matter when the last bid was placed – what matters is who placed the highest bid. The bidding process is all managed by a special auction software operated by eBay, and anyone from the all over the world with an internet access, and account with eBay, can bid.

In a live auction, the auction typically lasts for only a few minutes just until no one is no longer bidding. In online auctions though like eBay, the bidding period lasts up to seven days on average. In fact when you create an auction listing to sell a particular item on eBay, you can adjust the bidding period to one up to ten days. You can also set a minimum bid so you don’t have to worry about selling your item at a cheaper price than its value.

Next, a potential buyer browses and searches through eBay’s listings, and when he or she sees your item, he can bid an amount equal to your minimum bid or bid a higher amount he is willing to pay to win your item. When he bids more than the other bidders then he wins.

Just like in live auctions, you can also place additional bids as long as your next bid is more than the current highest bid and is still lower than the maximum allowed bid set by the seller. During the entire bidding period, you will be notified by email whether you have been out-bid so you can still place your additional bids (but as long as the bidding period is still open). When you’ve won the item after placing the highest bid, you again will be notified through email, and then communication, payment, and shipment ensues. The best part about these eBay auctions is that you can leave a feedback to the seller or buyer, so that bogus selling or buying is discouraged.

The author is a freelance writer who writes on behalf of SendOnlineFax. To send an online fax, click here.