Tag Archives: Buying

Bidding and Buying on eBay: Overview

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Bidding and Buying on eBay: Overview

Have you noticed that whenever you open a newspaper, watch the TV or have a conversation, people seem to be talking about eBay? If you’ve never used it and you’ve no idea what it’s all about, then the chances are that you’re starting to feel a little left out. But don’t worry! This email contains everything you need to know about the basics of bidding and buying on eBay.

So What is eBay?

eBay is an online auction website – and not just any auction site, but the biggest one in the world. If you know how an auction works, then you already know how roughly eBay works. Someone adds something they want to sell to the site, and then buyers come along and place bids on it. The highest bid wins the item! It’s that simple.

eBay being an online auction makes a big difference, though. Buying and selling are not reserved for any elite. eBay accept almost any item, no matter how small, and will then advertise it on their sites all over the world. It’s a powerful combination of an auction and a slightly chaotic marketplace.

What is Bidding?

Bidding is when you say how much you will pay for an item in an auction. Bidding on eBay, however, doesn’t work in exactly the same way as a normal auction, at least in theory. On eBay, you tell the site what the maximum you are willing to pay for each item is, and then eBay places the bids on your behalf. That means you could say you were willing to pay up to 0 for something and only have to pay , if that was the highest maximum bid anyone else placed.

It’s not as complicated as it sounds – the best way to get used to it is to give it a try. First, the best thing to do is to go to the eBay website designed for your country. If you don’t know the address for it, just go to www.ebay dot com and it will tell you there. Now, on the front page you should see a big box marked ‘search’: just type in anything that you’d like to buy there.

Wasn’t that easy? Now you should have a list of items for sale in front of you, along with how much people are currently bidding for them and the time when bidding ends for each item. If you click one of these, you can read the description, and then – if you’re happy with the item and happy to pay more than the current highest bidder is – you can bid!

How Do I Bid?

Go ahead and scroll down to the bottom of an item’s description page, and type the maximum you are willing to pay (your maximum bid) into the box. Then simply press the ‘place bid’ button – you will need to sign in once you press the button, or go through a quick registration process if you don’t have an eBay username).

If someone else’s maximum bid on that item is higher than yours, then eBay will tell you and give you the opportunity to bid again. Otherwise, you’re now the new highest bidder! All you need to do now is wait until the end of the auction – if someone else outbids you, then eBay will email you and you can bid again.

All sounds great, doesn’t it? But by now you might be wondering whether a site as chaotic as eBay can really be all that safe to buy from. That’s why the next email in this series will be about your rights when you buy from eBay.

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Article from articlesbase.com

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10 Ideas You Never Thought of Buying on Ebay

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10 Ideas You Never Thought of Buying on Ebay

I have to admit, sometimes I get teased by friends or family for what I buy on eBay. There is very little I purchase that I don’t at least attempt to buy on eBay first. Why not? There are thousands (if not millions) of eBay listings at any given time — that’s a pretty amazing resource for everything under the sun. For everything you buy on eBay, there’s probably at least one other thing you haven’t thought of. To start you off, here’s a list of ten things you (probably) never thought to buy on eBay:

1. Postage Stamps: Yes, it is possible to get a discount on postage stamps! A lot of times companies or individuals will purchase a mass quantity of stamps for a mailing and end up not using them all. The USPS doesn’t buy back stamps, so a good alternative is to sell on eBay. Expect to pay between 80% and 90% of face value, with the bigger discount coming from a larger purchase quantity.

2. Timeshares: Real estate is big on eBay, especially timeshares! As long as you are careful in reading all of the fine print and purchasing from a reputable seller, you can come away with a great vacation at a fantastic value. You can easily pick and choose from a wide variety of locations, amenities, and prices.

3. Over-the-counter medication: Need to replenish your supply of Advil, Visine, Airborne, or Mylanta? I buy nearly all of my over-the-counter medication on eBay. It’s almost always drastically cheaper, and you can also search for generic or store brands. I save hundreds of dollars a year doing this.

4. Makeup: There are certain shades and certain brands of makeup I know I will always use. It’s easy to search for these on eBay and buy them in bulk or at a discount. It’s also a great way to find discontinued colors that you love and can’t live without! I set up a search for my favorite discontinued items and save it so I am emailed whenever an auction matching my criteria comes up. I’ve been able to keep using a certain shade of lipstick despite the fact that it was discontinued years ago.

5. eBay Business Supplies: I see so many people who sell on eBay using padded envelopes or other supplies from the USPS — not the free Priority or Express mail supplies, but the expensive supplies sold in post offices. If you know you’re going to sell more than just a few items, buy your supplies on eBay! Great discounts are to be had on bubble mailers, bubble sheets, labels, and more.

6. Spices: Yes, kitchen spices! I eat oatmeal nearly every morning and use a generous amount of pumpkin pie spice for flavor. I was spending at least every time I purchased a tiny container of it at the store. I found a supplier on eBay and was able to get over ten times the amount for only twice the price!

7. Gift Cards: If you frequently shop at a certain store, it pays (literally) to check out the gift certificates category on eBay. People resell gift cards they aren’t interested in using, and you can often get a good discount. Some of the more popular stores sell for nearly 100% of face value, but others sell for 70% to 90% of face value. If you’re going to spend the money at the store anyway, why not buy a gift card and save a few bucks? I like to look at it as free money!

8. Food: The food category on eBay is huge. You can buy your favorite overseas candy, soda flavors you can’t find locally, fresh baked cookies just like mom made them, protein bars, elegant desserts, and much more. A word of warning though… looking for food on eBay can make you hungry!

9. Massage Appointments: These can usually be found in the gift certificates category. A lot of spas and massage therapy locations will sell gift certificates for massages at discounted rates to gain new customers. As long as you are careful to check that the location is legit, you can find a great deal. I was able to purchase a fantastic one-hour massage for only .

10. Magazine Subscriptions: Magazines make money selling ads, and they can charge more for their ads if they have more subscribers. Because of that, they will let go of a lot of subscriptions to brokers for very low prices. A lot of these brokers sell on eBay. Imagine buying a year’s subscription to your favorite magazine for only ! They usually take four to eight weeks to kick in, but it’s well worth the wait.

Hopefully these ideas have given you a starting point for the wide variety of ways you can save money on a daily basis by purchasing through eBay. Happy bidding!

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Article from articlesbase.com



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The Five Things You Must Do Before Buying on Ebay

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The Five Things You Must Do Before Buying on Ebay

The Five Things You Must Do Before Buying On Ebay

 

As a consumer, you will find many great deals on items that you want and need through eBay auctions. Many people visit eBay on a daily basis looking for auctions for items that they may be interested in – simply because eBay auctions are so much fun!

However, before you start buying on eBay, there are some steps that you need to take. Here are five things you must do before buying on eBay.

1. You can’t buy anything without registering first.

 

Registration is free and only takes a few minutes. You will be asked for credit card information, and this is required before you will be able to bid on auctions. Your email address must be confirmed before your account will become active, so make sure that you use the correct email address.

You will be given the option to sign up for a Paypal account, if you don’t already have one, and you should strongly consider doing so.

 

Signing up with Paypal is free and many auctions will require you to have a Paypal account.

2. Once you have completed the registration process, you are ready to start bidding on auctions.

However, don’t jump in right away. Navigate around the site a bit, and get a feel for things first. Some unscrupulous sellers try to take advantage of new eBay users, and you must be wary of them.

Start by searching for the items that you are interested in. Using the category list, click on the categories that you feel that you are interested in, and start looking at the open auctions in those categories. You should find the items that you are looking for quite easily.

3. Once you have found items that you want to bid on add the auction to your favorites – but don’t place your bid just yet.

Instead, go find old auctions for similar items. See how much those items sold for so that you know how high to bid. Research the item as best as you can. Determine what the item would cost if it were brand new, and what you should bid now on the used item, in the condition that it is in.

4. Learn more about the seller.

Remember, not everyone is honest. Avoid buying from sellers who have low reputations. The reputation system at eBay is an important tool for buyers. This will enable you to determine whether or not you can trust the person that you are buying from.

Read their feedback page. Read the seller’s ‘About Me’ page. Get to know who you are dealing with a little bit better by communicating with the seller about the auction.

5. Place your bid.

Once you know what item you want and how much you should bid on it, you are ready to place your bid.

There are two ways you can do this. Some sellers take bids on their auctions, with the item going to the highest bidder. Others choose to use the ‘Buy Now’ feature, which means that they have a set reserve price that you must meet – but you are not in competition with other bidders.

This is a typical option that sellers use when they have multiple identical items to sell, or when they sell brand new items on eBay using drop shippers.

If you are entering into an open live auction – where bids are placed and the highest bidder wins – you will need to watch the auction closely to ensure that you keep raising your bid to win the item.

Just make sure that you don’t end up winning by paying way too much – unless it is a unique item that won’t be found elsewhere!

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Article from articlesbase.com



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