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Monday, August 7th, 2006 by eBay Auctioneer   Subscribe To Our FeedHints to Lend a Hand to You with Coping with Bidding on eBay:
1) Small and large transactions carry the same weight in the feedback summary.
2) eBay is an easy place for unscrupulous sellers to market counterfeit merchandise, which can be difficult for novice buyers to distinguish without careful study of the auction description.
3) 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.
4) Carefully read the item description. Do not bid on an item where the ship to locations clearly do not include the area where you live.
5) An eBay account (whether seller, buyer or both) may be suspended if there are too many complaints against the account holder.
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. Large international companies, such as IBM, sell their newest products and offer services on eBay using competitive auctions and fixed-priced storefronts.
An Interesting Fact about eBay:
In May 1999, eBay acquired the online payment service Billpoint, which it shut down after acquiring PayPal.
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