Monday, October 15, 2007

Online Auctions: 10 Secrets You Should Know Before Bidding by: Pradeep Aggarwal

Yes! You know many online auction sites.

'Course you may have participated in some of the biddings.

The next time you decide to bid for a product or a service, do remember these vital online auctions secrets and tips.

1. Important to know the value of the product you plan to bid. Product is new? Check the price retailers are charging for it. It helps in two ways, you'll know the original cost and helps you to pay way less than the retail value, if it is old or re-conditioned.

2. To ensure that you get a good product, get the complete information and picture of the product from merchant, if the details are incomplete on the site.

3. Decide your maximum paying limit and stick to it lest you may end up caught in the 'bid war' and end up paying more than the actual cost.

4. It is always good to check a few auction sites for you may find the same product at a much lesser price in some unpopular sites simple because of the fewer number of buyers in those sites.

5. Make a note of the auction begin and end time. And the shipping time as well. This helps you to calculate the time when you want the product at a certain date.

6. Payments: Check the various payment modes the merchant offers. If checks and money orders are accepted, the delay in delivery will invariably be delayed for the payment has to clear. If the credit cards are accepted, ensure they have secure server.

7. Find out if the merchant offers a warranty or money back guarantee before the bid. Surely you don't want to be bogged down with a non-working or unsatisfactory product.

8. Always good the check the track record of the merchant, if offered one. See if you can bump into any complaints from the past customers.

9. Start your auction early to convey a message to other that you're interested in the product. If someone outbid you, you do the same. Always remember your maximum bid limit.

10. The reason to know the bid time - it helps you place a last minute bid, assuming that other bidders may not have kept track of the bid time

About The Author

Pradeep Aggarwal makes it easy to make online auction profitable and money making business venture. Take the tips and tricks provided by him in the websits - www.auctionspectrum.com.

How to Make the Most from E-Bay Auctions by: David Baker

Whatever your merchandise, selling by using an eBay auction is profitable, simple and fun. Selling through eBay can be a one-time sale or a second income. People enjoy searching through online auctions to find rare collector’s items or unusual furniture and clothing. The selection at an eBay auction is limitless. Try eBay to sell your unneeded items instead of holding a yard sale. You may discover that the income opportunities are top-notch.

Even if you just want to unload a few dust-collecting items from your garage or attic, there are some tips which will help you have an eBay auction that’s profitable. You must do more than post a price and a picture of your item in order to bring bidders to your auction item.

Describe your merchandise accurately. It’s better to sell items, which are in excellent condition, but otherwise, be honest about what you have to sell. Deceit will always show up in the negative ratings and spoil your chances of future sales. You also should know as much as possible about what you are selling so you can give a complete and detailed description and promptly answer any questions which a bidder may ask.

Your sales and shipping and refund policies should be completely and accurately stated up front. Sales will go smoothly and give you repeat customers. Attracting repeat customers is vital if you want to maintain a good eBay auction success rate. Good customer service helps customers feel good about doing business with you.

Once your eBay auction merchandise has sold, you must do even more to keep the level of professional and courteous rapport with your customers. Good reviews and repeat customers mean a successful eBay career. Inform your customers of each step in the successful completion of the sale. First, thank them for the purchase and include any payment information. Next, tell them when you’ve shipped their purchase, the shipping carrier and any tracking information, which is available. It may be prudent to use delivery confirmation or package tracking when you ship the purchase to the customer. An expected receipt date helps your customers to know when they may expect their purchase to arrive.

Always conduct your eBay auctions and business transactions as a true professional. When you wrap and ship merchandise, you will want to prepare the package carefully to avoid shipping damage. This lets the buyer know that you recognize the importance of a safe and prompt arrival to them. Include a receipt so the customer will be able to keep vital information for his tax records. You can even include a sincere thank-you note.

Your reputation as a seller on an eBay auction is built by customer feedback and ratings. Take your ratings seriously, buyers do. If you remember to do something a little extra for your customer, they will appreciate it and tell others of their successful experience with you. Even difficult customers deserve courtesy and a friendly yet professional attitude.

About The Author
David Baker is the owner and creator of - http://www.auctions-here.com where auction sellers and buyers - http://www.auctions-here.com meet.

Monday, October 1, 2007

3 Ways to Make More Money on Ebay

Making money on Ebay is fairly simple. Here are the basics, 1) you post an auction for a product or service that people want, 2) people who want your product or service place bids in the amount of money they are willing to purchase the item/service for and 3) the person with the highest bid at the end of the auction WINS! Now that’s simple. Some of the finer points to the equation above include finding the right product or service to offer and then finding the people who actually want what you have found. My biggest successes on Ebay, limited as they may be, have come when I have done just that. So there you have it!
Success on Ebay = Right product + People who want it.
Now that really is easy.
For now we’re going to presuppose that you have found a great product or service. Let’s focus on finding the people who want what you have for sale. There are hundreds of thousands of dollars spent daily on Ebay. This translates into hundreds of thousands of people bidding on and buying these items. The skill you must master in order to get the maximum number of bids (i.e. money) for your item is how to find these people. This essentially comes down to marketing your auction. Here are three zero cost marketing strategies that work in driving people to your Ebay auctions.

Want Ads

This strategy is the simplest of them all. Here’s the deal…you are looking for people who want what you have. Want ads are people telling you what they want. The internet has a treasure chest full of people placing want ads hoping someone has what they want. The next time you’re on Craigslist (www.craigslist.org) go to the “for sale” section. At the bottom of that section is a link called “Wanted.” Click on that link. Once that page is pulled up type in what you have for sale and see if anyone in that city is looking for it. No hits? Trying typing the misspelling of the item. Selling a Motorola Razr cell phone? Type in Razr first…nothing? Try Razor or try Motorola cell phone.
Once you have found someone that is looking for what you are selling send them an email explaining that you have listed an item on Ebay just like what they are looking for. Describe the item, give the opening asking amount and then give them the Ebay item number so they can find it. Then go find the next person. Other want ads that are useful include the Thriftnickle (http://www.thriftynickelads.com), Nickads (http://www.nickads.com) or Kijji (http://www.kijiji.com). These are just a few of the many the net offers to you. When using the above sites look for the search box and type in the word “Want” or “Wanted.” This will separate the want ads from the selling ads.

Chat Rooms

This one is a little bit trickier. First if you don’t chat you must find a chat platform to use. Yahoo messenger (http://messenger.yahoo.com/webmessengerpromo.php) or MSN’s IM (http://im.live.com/messenger/im/home/?source=MSNTDLINK) are two common ones to use. Once you have downloaded the software and established an account, user id and password and have explored the world of chatting you’ll begin to get a feel for what rooms are available to discuss such a topic. You have to be very careful in the chat rooms not to violate their codes of etiquette. This could find you booted out of the room. After you have found a couple of rooms that you are comfortable in ask a question such as, “does anyone know anybody that might be interested in buying a 1904 widget? I’ve just listed one on ebay (ebay item number 1234567789) for $0.45. I did this once with an auction for a Texas Instrument Calculator that I had listed. As soon as I asked the question one guy said, “Why would anybody want to buy a piece of crap like that anyways?” Several others chimed in along the same vein. But then one person sent me a private message asking for more information. He was a high school student preparing for college and needed a graphing calculator. He eventually was the highest bidder.
Usenet Groups
This is another strategy that takes some setting up in order to drive people to your auction. We’ll discuss this one a bit more tomorrow.