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Friday, August 11th, 2006 by eBay Auctioneer Subscribe To Our Feed

Useful Hints to Lend a Hand with Getting the Most out of eBay:

1) Some items on eBay are rare and valuable, while many others are dusty gizmos that would have been discarded if not for the thousands of eager bidders worldwide.

2) Each time you buy or sell something on eBay, people can leave feedback for you, and you can leave feedback for them.

3) Take the time to write a positive comment about sellers who do what they should and the chances are they'll do the same for you.

4) 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.

5) eBay say they want to "level the playing field", to allow eBay businesses to compete with the big chain stores, and they also want to promote PayPal as a payment method. Relatively few buyers can afford the more expensive items on eBay all at once, and so the introduction of Buyer's Credit seems likely to significantly increase prices and sales at the higher end of the market. It is worth noting that you can use Buyer's Credit anywhere PayPal is accepted, not just on eBay. PayPal say it's "like a credit card - minus the card!" You don't get a card number - you can pay with credit with just your email address and password.

Large international companies, such as IBM, sell their newest products and offer services on eBay using competitive auctions and fixed-priced storefronts. The company's current business strategy includes increasing revenue by increasing international trade within the eBay system.

Did You Know?

In May 1999, eBay acquired the online payment service Billpoint, which it shut down after acquiring PayPal.

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