Getting Great Deals on EBay
by: Lorraine
Venner
I love getting a deal. I try to smell them out
from miles away. I love frequent garage sales, flea markets, closeouts,
and more -- but found that I could much better by simply buying through
online auctions - if I shop carefully.
Getting a deal out of EBay auctions is an art.
Buying from auctions can be a costly proposition or a very economical
option depending on your tactics. Buy wisely by learning from my
(sometimes costly) experiences.
1. Is the Seller Trustworthy?
Both EBay and Yahoo auctions have seller ratings.
Read these and their associated reviews. If the seller has a great
rating from buying and a poor one from selling, you probably don't want
to buy from them. Look at both praises and complaints as they may or
may not apply to what you are bidding on.
2. Read the Description Throughly
It is very easy to read what you want to see in an
Ebay auction rather than what is actually written there. Read both what
is in the Ebay description and what is NOT in the description. Often
your mind will want to fill in details with what is your dream
interpretation. You need to re-read the description until you find out
whether what you are searching for and what the seller is selling
match.
* Used or New?
Is the item you are buying used or new? If it
doesn't say new, you are most likely buying something that is used.
* Real or Fake
Is the item you are interested in "real" gold,
sterling silver or pearls? For example, a description saying: "gold
necklace for sale" does NOT say 14 kt gold or 18kt gold. That most
likely means a gold COLORED necklace which may or may not have actual
gold metal. This also applies to pearls as many call plastic fake
pearls simply "pearls".
If the seller is selling beads, those beads could
be plastic, glass, stone, scrap metal, crystal, chips, wood, clay,
gemstone or some other material.
* Item Details
Does the EBay description really say how much you
are getting, how long the item is, and quality of the item? Selling by
the pound can be a great deal - or a horrible deal.
* Beware of Hidden Costs
Look at shipping and handling costs. I've seen
many penny auctions that have $13 or more shipping. Some auctions even
have handling fees.
* How Fast Will it Ship?
I've been seeing a fair amount of auctions that
note that the product will ship in 2 months or that shipping time is 2
months. If you are buying for a particular holiday, be sure that you
will get the item in time.
3. Is it a Bargain For You?
Many times an EBay auction will say that the items
are "worth $XXX". In many cases, that price is inflated. Often you can
find similar items much cheaper tah "$XXX" at normal stores. (However,
the auction price may still be cheaper than you can by elsewhere - it
really helps to know how much you usually pay for items!) If you are
only interested in some of the items in an auction, adjust your bid to
reflect how much you are willing to pay for just those items unless you
plan to sell the rest as that is how much you would pay for it
elsewhere.
4. Auction Fever
Compare prices on the net at the same time to
avoid overpaying. Know that usually you can get the item later
elsewhere. Wise buyers know to walk away when the price is higher than
the item is worth to them.
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