By Michael R. Miller
This ebook provides first-class aspect. the information and notes proven at the facet of the pages are very valuable
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Additional info for Absolute Beginner's Guide to eBay
Why not? If someone is selling something you want, by all means, bid! How much should you bid? Ah, there's the issue. I actually like bidding on Dutch auctions later in the game so that I can get a handle on how many other bidders I'm competing with. The number of bidders versus the quantity of items available determines my strategy: • If the seller has a large quantity of items and a small number of bidders, bid the minimum. In this scenario, everybody wins because there's more than enough merchandise to go around.
An example might be a seller with a half-dozen T-shirts (all identical), or a gross of inkjet cartridges. Although most sellers on Dutch auctions are small businesses that want to unload multiple quantities of an item, you'll also find some individuals with several like items to sell. 8. As in a normal auction, bidders bid at or above that minimum for the itemalthough, in a Dutch auction, bidders can specify a specific quantity that they're interested in purchasing. 8. An example of a Dutch auctionnote the quantity available.
Although it's common for sellers to include a "handling charge" on top of actual shipping charges (to pay for boxes, packing material, and so on), you don't want to pay too much over the actual costs. Jacking up the handling charges is one way unscrupulous sellers make a little extra money on each transaction, and you don't want to play along. Bottom line? Be sure to read the fine print before you bidespecially where it concerns shipping and handling charges. You Won! Now What? You've somehow waited patiently (or not) throughout the entire process.