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Thursday, January 18th, 2007 by eBay Auctioneer Subscribe To Our Feed

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

1) Try browsing the eBay Stores. eBay Stores are a way for sellers to offer buyers both auction and fixed-price merchandise through an online storefront. You can get to the Stores either from the main eBay home page, or from the category display pages, where you will see a link.

2) Auction sniping is the process of watching a timed online auction, and placing a winning bid at the last possible moment (often literally seconds before the end of the auction), giving the other bidders no time to outbid the sniper.

3) You might find that there are times when you should leave the Buy it Now button as a last resort: it can be a useful way of ending last-minute contests with a decisive 'this is mine' gesture.

4) If you aren't satisfied with your purchase, then you can claim under eBay's purchase protection program for up to 0.

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.

The company's current business strategy includes increasing revenue by increasing international trade within the eBay system. Over the years, eBay has introduced all sorts of different auction types, in an effort to give people more options when they buy and sell their things on eBay.

An Interesting Fact about eBay:

In 1999 eBay acquired the auction house Butterfield & Butterfield, which it sold in 2002 to Bonhams.

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