EBay
is an online auction website. It is probably the most well known auction site of them all. You can choose to buy stuff from your neighbour next door or direct from a wholesaler in Hong kong, you can grab a bargain from the US or something from as remote a place as Timbuktu!
What I love best is that you can really grab a bargain or two or erm…. plenty more. You can get new stuff at cost price or less sometimes! Obviously you can also buy unwanted second hand stuff for next to nothing also. And you can sell all your unwanted stuff to pay for it too! And all your unwanted stuff. Honestly everything sells. Ipods, Dancewear, PC’s, Accessories, Games, Books, Baby Stuff, Mobiles, TV’s, Fireplaces, Toys, Beds & Sheets, Sofas, Clothes, Costumes, Nursery Products, Coupons, Photography Stuff, Gadgets, Travel items, Gifts and all sorts of stuff. You name it, you can Buy It or Sell It on EBay
.
EBay
– Buy It, Sell It, Love It! Confusing logo but its true enough!
Bet you heard about eBay
before today. Bet you heard some bad things and good. As always … you get good sides and bad. For your protection eBay
has worked on safety systems. The first is FEEDBACK. Everyone who signs up has feedback. You start off with a Nil Feedback rating and as you buy and sell, you build up feedback. Feedback is very important. This is especially important for you to look into the Seller’s Feedback when buying anything of substantial value. As a base rule most people have well over 90% positive feedback. Less than that should set warning bells ringing. Read their feedback before bidding. Remember that by bidding you re committing to buy if you win the auction. I recommend you build your first few feedback by purchasing a few small items as people are obviously hesitant to buy from sellers with less than 10 feedback ratings.
The other is Paypal. People who work with Paypal tend to be safer sellers and more frequent too. They also have a feedback system, but read our Paypal opinion for more information.
Some recommendations when buying:-
- Read the auction well. Make sure you understand what is being sold. Ask questions if you are unsure. Most people will respond very quickly. A quick response tends to be a good sign.
- Read Peoples Feedback before bidding. See how happy other people were with their purchases.
- Take P&P into consideration as the costs can build up.
- Avoid paying money directly into bank accounts. You have NO safety net. You lose all right to your money and eBay can do nothing more than close down their account. You will not see your money again. Pay by cheque, credit card, postal order or Paypal. You will be protected.
- Decide on a price and place that bid. It will only increase as high as the other person who also wants it is ready to go or your maximum. Do not get caught up in a last minute bidding war as you may ed up paying more than you bargained for!
If you are selling: -
- Respond fast to questions.
- Once the item closes and you have received payment, send out items as soon as possible.
- Have reasonable P&P rates.
- List a picture and list in the gallery. This increases sales and prices.
- Be honest in your write up and be very detailed.
- Start your auction low and if necessary put a reserve price. Low starting prices attract more people and sell for better prices!
Good Luck and Happy Selling, Bidding and Buying!
