Buying and Selling on eBay (Cliffs Notes) by Greg Holden

By Greg Holden

One man's used coffee computing device is one other man's eBay miracle purchase. Hop onto the Internet's hip, sizzling public sale web site, and realize digital bidding, promoting, and discount looking. looking for the item you will want, suggestions for naming your fee, and preserving your self from fraud are only a number of necessities coated.

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Many sellers pick a category containing objects that are similar to those they’re selling. Shoppers, therefore, are more likely to bid on the item, because they’re already interested in the types of item in that category. Still, the process of categorizing items for auction isn’t an exact science. Explore eBay’s auction categories when you don’t know exactly what you’re looking for but you have a general idea of where to start. Suppose you’re looking for a gift for someone who’s interested in photography, but you’ve forgotten the exact type of equipment the person uses.

To determine whether anyone met the reserve price, click the Auction link. The Completed Auction feature gives you information only about eBay sales during the last month or so, but these figures still provide you with a pretty good indication of the going market price for some highly valuable items. 32 CliffsNotes Buying and Selling on eBay You can also use the Completed Auction feature to get an idea of how much something is worth even if you don’t plan to buy it right away — in other words, you can perform your own appraisals by looking up previous sales on eBay.

Luckily for both buyers and sellers, eBay opens its archives of past auctions to anyone who wants to know what certain objects sold for in the past. See Chapter 4 for instructions on how to uncover such data. The eBay Verified User program One way to make sure that the person with whom you’re dealing is legitimate is to deal only with verified eBay users. eBay is currently working a new Verified eBay User program that can help you in doing so. You can find more information about this new program by browsing to Help F Basics on the navigation bar and then clicking the Verified eBay User hyperlink under the FAQ heading, as shown in Figure 5-2.

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