Ebay Tips For Buyers & Sellers
As a buyer you are trying to find bargains i.e listings with the
best price (Buy It Now Items) or listings with the fewest bids
(Auction Items). Generally these listing are the ones that get
the least amount of visitors, and most of the time it is because
of missing keywords (Product Serial, Manufacture Name...etc) in
the title field. Thus, the key is finding listings that contain
misspelled keywords or listings that are missing important
keywords in the title field. Since the default eBay Search box
only searches the title field, you can often increase your
chances on finding deals by checking the "Search title and
description" check box.
The next thing you will need to know is the "Art Of Gaging An
Item Price on eBay". A nifty way to find the going price for an
item is by looking at the ended listings. To search for ended
listings, simply click "Advanced Search" link found under the
upper right hand search box. And then check the "Completed
listings only" check box before beginning the search.
Always "Find Reserved Price Auctions". You will be amazed at how
many people just don't bother bidding when they see the reserve
price tag, most of times the reserve price is less then 10% of
the item going rate which means huge savings. Remember however
to place your bid in the last 10 seconds.
A nifty way to save cash on items is by offering sellers an end
bid early option. The key here is that you will have to find
recently listed item (less then 100 views) and from sellers with
fewer than 50 feedbacks. Try to keep your initial offer to no
lower then 10% of the regular eBay price (See Gaging Item Price).
If you are a pro on eBay then you will mostly likely only bid
twice on an item. The first bid is optional and it meant to take
the item out of the "Buy It Now", since you will be more likely
to win the item at a lower price through an auction. The second
bid should come on the last 10 seconds of the auction, this
maybe longer if you are on dial-up
You can tell a lot about your competition (fellow bidders) by
looking at their previously won items to see their bidding
pattern. You will be amazed at how many people keep their last
bid to a whole dollar, meaning you only need to add a cent to
snipe them in the last 10 seconds.
You will be more likely to win an item at a lower price on a
weekday then a weekend. The reasoning is simple, less
competition, most people with jobs will be unavailable or less
likely to bid, and thus increasing the probability of winning
the item at a lower price.
Did you know eBay occasionally issues Paypal coupons that could
save you anywhere from (5 % -10 %) when paying for your eBay
items.
You can save a lot from buying from sellers with little or no
feedback. But again the key is knowing your seller so you don't
get burned. Here is what I do before I place a bid, first I
email the seller, asking him/her about the condition of the
item. If he/she replies back then I check the email headers to
get the remote ip address, I then go to a WHOIS database and
verify the location of the seller. If everything is OK so far, I
contact the seller through telephone to verify the item, its
condition...etc. Remember that eBay only covers up to $175, so
it's best to ask for insurance and always ask for shipping with
tracking. Also I found its best to stick with Paypal as payment
option.
As a buyer you need to be aware of the following points:
* Be suspicious of sellers with low rating. * Be suspicious of
sellers using stock pictures (pictures from manufacturers
website). * Sellers who use free email (Hotmail, GmailScience
Articles, Yahoo..etc). * Sellers who do not accept Paypal. *
Sellers who do not reply to email. * Low rating sellers with 1
day listings.