Download Absolute Beginner's Guide to eBay (2nd Edition) by Michael Miller PDF

By Michael Miller

On any given day there are greater than 12 million goods indexed for public sale at eBay, the world's biggest on-line buying and selling neighborhood. nearly $15 billion worthy of item, in additional than 638 million person auctions, used to be traded over eBay through the yr 2002; that is $50 million an afternoon, or $579 each moment. on the finish of 2002, eBay had greater than sixty two million registered clients - nearly triple the variety of clients simply years past. the 1st version of this publication is a runaway best-seller, so it is just usual we might replace this nice booklet to mirror a few of eBay's latest improvements comparable to; promoting supervisor (eBay's new public sale administration service), faster Lister (new directory construction software program) eBay's new directory layout beneficial properties.

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5. A third bidder sees the item, and enters a maximum bid of $150. In accordance with the current bid increment, his proxy enters a bid of 110. 6. 50. 7. The third bidder’s proxy responds with a bid of $115. 8. Your proxy drops out of the bidding, and eBay notifies you (by email) that your bid has been surpassed. (If the auction were to end right then, the third bidder would win the auction with a bid of $115. ) 9. At this point, you can place a new maximum bid for the item, or you can throw in the towel and let the new bidder have the item.

If you’ve made the highest bid, you win the auction—and you have to buy the item. It’s important to remember that it doesn’t cost you anything to bid. You only have to pay if you win—and even then, you don’t have to pay any fees to eBay. ) You’ll have to pay the seller the amount of your winning bid, plus any reasonable shipping and handling costs to get the item to you. Sounds easy enough, doesn’t it? 38 ABSOLUTE BEGINNER’S GUIDE TO EBAY Understanding the Bidding Process It’s important that you know all about the item you want to buy before you place your bid.

When you click this link, this auction is added to the Items I’m Watching section of your My eBay page; you can then use your My eBay page to track the high bids in this auction. 2. This section tells you about the status of the current auction. In particular, you will see To see who else has bid on this the current bid price, the time left in the auction, item, you can click the history link the number of bids placed (history), the ID of the current high bidder, and the location of the item. There’s also an Add to Calendar link; click this link to receive an email reminder just before the auction is scheduled to end.

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