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Wednesday, August 9th, 2006 by eBay Auctioneer Subscribe To Our Feed

Hints to Lend a Hand to You with Winning on eBay:

1) If you want to pay a fixed price then there are thousands of online stores you could be visiting. It's like pressing 'collect' instead of 'gamble' on a fruit machine: it's the boring option. But then, maybe that's what you want. These rules are relatively constant: there are few times when using Buy it Now would allow you to get something cheaper, or when bidding would be an easier way to do it. In the end, as with so many things in life, it's a simple question of price vs. convenience, and it's up to you. There are those times, though, when the strategic use of the Buy it Now button can be a useful tool to help you outwit your competition. If the current bid is almost as high as the Buy it Now price, then why bid higher and keep the contest going?

2) If a bidder currently has the highest bid on an item, the bidder cannot raise their own bid by rebidding. However, they can change their maximum bid price.

3) Since you're interested in making your eBay shopping more affordable, you might be interested to know that you can buy eBay items on credit.

4) Sellers of inexpensive items may benefit from inflating the shipping cost while lowering the starting price for their auctions, because some buyers overlook the shipping cost when calculating the amount they are willing to spend.

5) When you use Buy it Now, you know the asking price and you can take some time to decide whether to pay it or not - you can even negotiate. You don't need to keeping your eye on the auction, or get caught up in the last-minute bidding frenzy that is now inevitable on any popular item. Not only that, but the seller will be happy to get a fixed price for their item, and they're likely to nicer to you than usual. Some sellers can be a little resentful when they feel that you got a little too much of a bargain on their item. On the other hand, you will almost certainly pay more for the item, especially with more expensive items. Also, it takes some of the fun out of eBay. Aren't you there for an auction, after all?

Millions of collectibles, appliances, computers, furniture, equipment, vehicles, and other miscellaneous items are listed, bought, and sold daily. The company's current business strategy includes increasing revenue by increasing international trade within the eBay system.

A Tidbit of eBay History:

In August, 2001, eBay acquired Mercado Libre, Lokau and iBazar, Latin American auction sites.

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