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Thursday, August 24th, 2006 by eBay Auctioneer Subscribe To Our Feed

A Few Hints to Aid You with Avoiding Trouble on eBay:

1) It's a heady feeling when you win your first eBay auction: a mixture of happiness and perhaps just a little fear.

2) Either/or in your search: If you want to search for lots of words at once, just put them in brackets: the TV example from earlier could become '(TV,television)', which would find items with either word.

3) On a Reserve Listing, when a bidder bids on an amount equal to or greater than the reserve amount, the amount "Currently" will go up to be equal to the amount of the reserve and the indication next to the amount will say "reserve met".

4) eBay is an online auction website - and not just any auction site, but the biggest one in the world. If you know how an auction works, then you already know how roughly eBay works. Someone adds something they want to sell to the site, and then buyers come along and place bids on it. The highest bid wins the item! It's that simple. eBay being an online auction makes a big difference, though. Buying and selling are not reserved for any elite. eBay accept almost any item, no matter how small, and will then advertise it on their sites all over the world. It's a powerful combination of an auction and a slightly chaotic marketplace.

5) The more unethical person might have considered that you could just cancel bids anytime you feel like it by saying that you accidentally entered the wrong amount. eBay are one step ahead of you. Each time you retract a bid, it is counted on your feedback page for all to see - and anyone with a lot of retracted bids looks more than a little dodgy. eBay also say that abusing the bid retraction feature could get you banned.

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. The company's current business strategy includes increasing revenue by increasing international trade within the eBay system.

An Interesting Fact about eBay:

The online auction web site was founded in San Jose, California on September 3, 1995 by computer programmer Pierre Omidyar as AuctionWeb, part of a larger personal site that included, among other things, Omidyar's own tongue-in-cheek tribute to the Ebola virus.

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