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Archive for the ‘Auction’ Category

Online Auction Shopping

Friday, March 23rd, 2012

Online auctions might appear at first glance to be an ideal opportunity to make some extra money in these stricken financial times. Since eBay was launched in 1995 many of the “gurus” have highlighted eBay as an ideal moneymaking opportunity. Participating in online auctions can be a lot of fun! More often than not, you can find yourself on the good end of a great deal on something that you would have bought elsewhere for a lot more money. Online auction shopping can be great, but there are some things to consider when putting your money up on a bid. In this article, we’ll give you some tips when it comes to buying on sites such as eBay.

– When you’re bidding on an item, and the shipping and handling fees are not clearly shown on the bid page, it’s important to discuss them with the seller before you place any bid. Some sellers offer low prices on items only to charge exorbitant fees when it comes to shipping and handling. Clarifying that you aren’t getting ripped off on shipping before you place a bid is of the utmost importance.

– Also, when you find an item you like, it’s important to read the seller’s feedback on their past auctions. Reading how they do business with other people is the cornerstone of ensuring that you’ll have a positive buying experience with the seller.

– If an item really strikes your eye, but it’s at a high price, try checking out the seller’s other auctions. Sometimes sellers offer the same item many times in a row, and you may be able to get a better deal on the same item if you wait around for another auction from the same seller.

– One way that people have been able to successfully score great deals on auction sites is to ‘bid-snipe’. To do a bid-snipe, you just need to look for auctions that are ending in the very near future. If there’s an item with 5 minutes left on it that is selling for a low price, by all means, you should bid just slightly higher than the high bid to secure the item for a steal.

– Ensure that the item is in proper condition before buying. If the seller offers a vague description of a used item, it’s important to make sure that the item meets your expectations before placing a bid. If you’re not cautious, you may end up spending cash on an item that’s in poor or non-working condition.

Follow the above tips, and you’ll find yourself getting better and better deals on auction sites. What’s most important is to know exactly what you’re paying for, and how much you’ll be paying when all is said and done.