This is NOT meant to be in any way a negative review on EBAY - really it's not.
It is my experience Buying and selling item sin this service
Ok 1st an Auction is defined as : a public sale in which goods or property are sold to the highest bidder.
So, is EBAY and Auction ? NO -
Ah- good answer and I think that is the Correct answer. An EBAY auction is sold to the Highest Bidder when the time for that Auction expires.... Let's look an 2 examples...
You go to your local auction house to bid on a Lamp - the bidding starts at $10 and the bidders in the audience bid and the auctioneer takes bids until there is only one bidder - the Highest Bidder. As each person bids the Auctioneer asks for an additional bid - a higher bid from the audience until there is this last highest bidder who then wins the Auction and buys the item.
You bid on a an EBAY auction. EBAY shows you the time left in the Auction ,,, very important is the TIME ..... because as you are waiting finger poised to WIN that auction ,,, in the last 2 seconds of the auction,,, someone else places a higher bid and wins the Item. Maybe the highest bidder ,, maybe not ,,,, but time ran out and the bidding closed. There in lies the difference, EBAY is an auction of Price and TIME .
Now - yes you could have bid more, - as placing a highest bid and EBAY would bid for you ,,, but the same could happen,,, you get beaten at the last by another bidder and sometimes a program bidder , not a person. And you might be thinking that the Seller is in Cahoots with a Phantom bidder that bids up the price , and you odnt wanna take that chance.
In addition,,,, Most of the Bidding that is done on an Item - Again in my experience as a seller and a buyer - is done in the last few minutes of the Auction, even of the auction is 3 , or 5 or 7 days long,,, the bidding is in the last minute or two.
Now there is an additional way to Bid/BUY - called " Buy it now" ... The seller can list the Item in the BUY IT NOW category ,,so no need to wait for any Auction,,, you can walk right in and buy the Item for the Price listed,,, and there is even an option to that,, as the seller might list it for BUY it Now ,, and also give you to opportunity to MAKE an OFFER ,,, where you do exactly that. that same $10 Lamp that is listed for BUY IT NOW , if the Make an offer is active ,, maybe you say I Offer $7 for it ,, and the Seller can accept or reject the offer.. That can be done automatically on the Seller side there is an option for them to automatically accept any offer over X dollars and reject any offer under Y dollars,,,
a few other notes ,,,
Watch out for the Seller that lists their Item super low,,,, so that when you see it ,, you click the Bid button instinctively ,,, only to find that T-shirt you bought for $2 - has a $15 Shipping fee attached to it. It's a great strategy,,, fols list stuff for low price and make up the Low price in the Shipping fee where it costs them $3 to ship it and they charge you $15.
Take note of where an item is being sold FROM - sizes in China and Korea are not like in the US.... I bought an 2xl shirt from China once - for this shirt to FIT - I would have had to order a 12XL - as the 2xl was so small...
FORGET the Feedback numbers - If you give anyone but a 5 star rating they get pissed - so very seldom do you see Critical comments.
Now as a seller - If you don't know the worth of an Item,,, you can list it in an auction,,, and watch that you do a 5 day Auction as the charge you more for a 3 days auction. You can list is for Auction and let the Market bear the price out... Make sure to check on what your Shipping WILL cost you - so you know pay all your Profit out in boxing and postage. Now if your Item did not sell in the Auction,,,, try listing it as BUY it now ,,with that Make an offer feature.
If you get messages asking about selling the item to someone outside EBAY,, AKA - after the auction ends, #1 - might be someone from ebay seeing of you will break the rules and Seller agreement to NOT do that,,, and you ar ejsut asking for trouble,,, now all the risk is on you...
State clearly IF you will or NOT take a return.
Package your Item correctly - Shippers can break damn near everything.
Offer to take any added photos so the buyer can see what they want.
Answer any questions.
Describe the Item accurately - Point out defects up front.
If the item is USED - It's USED.
Only accept PAYPAL Payments and only PAy with PAYPAL
IF you wish to LIMIT where you will ship the ITEM - NO OVER SEAS
In Seller Preferences - ensure you do this - Block Bidder that : these are all clickable options...
| Don't have a PayPal account |
| Have received 2 Unpaid Item strike(s) within 1 Month(s) |
| Have a primary shipping address in a location I don't ship to |
| Have 4 Policy Violation report(s) within 1 Month(s) |
| Have a feedback score of -1 or lower All right - have fun and getting buying and selling and as Tedeschi Trucks tickets for SPAC go on sale at noon today,,, |
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