ebay.co.uk

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Congratulations! from ebay.....yipeee!

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5 Jun 18th, 2004 

23 Ciao members have rated this review on average: very helpful

Advantages:
lots of fun , .  .  .  .  .  .  .  .  If you win

Disadvantages:
addictive, you may end up with a junkard

Recommendable Yes:

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jouk04

jouk04

About me:

I'm the REAL slim shady...

Member since:18.02.2004

Reviews:98

Members who trust:33

I’ve just made my first sale on ebay......yipeee! Don’t get too excited it cost me more to advertise the bloomin’ thing than I got for it in the end. It was one of a series of photos I took in London a couple of years ago. I kept getting messages at the end of each week when the auction had finished, giving me tips like , why don’t you lower the price and I thought .....stuff that.....why don’t you mind your own business!

Anyway I’ve only bought a few things on ebay over the years, including camera equipment, a few collectables and a few months ago an electric pottery kiln. But I think it’s a great place to buy things if you are a bit short of cash.

The trouble with ebay is that you are buying second hand items for the most part untested and unseen by you, so there is a certain amount of trust that goes on. It’s a bit like Ciao in that respect in that each member has a profile page where you can check out vital statistics and see any negative feedback, like if they are reliable, or if they have ever pulled out of a deal, or if the goods were shoddy.

Also a bit like Ciao each member has a score depending on how many transactions they have carried out, and supposedly the higher the score, the better and more reliable e-bayer you would expect to find. If there is any proven malpractice then people are simply booted out.

I like the idea that there is a kind of big brother watching over it all, this means you are not simply putting all you trust into some one you have never heard of, sometimes for a lot of money, with no come backs.

The most popular way of dealing with financial transactions, of a reasonable sum though there is no upper or lower limit, is with Paypal. This is a third party, intermediary who handles the cash side of things. You simply set up an account with Paypal, for free, and when you purchase something on ebay, you simply pay the money into Paypal, and they pass the money on to the seller. This means you are not constantly handing over your bank details to strangers. Only Paypal have your details, not even ebay know that information.

Ebay is the biggest and best of all the online auction houses, there are infinitely more products than any of the others, for example e-bid and QXL who are relative small fries compared to the mighty ebay!

There is an auction house just out of interest that have a search engine that searches all the uk auction houses at one go, including ebay, freeserve auction, e-bid and the rest this is www.lotwatch.co.uk , if you put in a search they will look through all the sites for your required item, and display all the results on one page all you need to do then is click on the link through to the main site, good, eh?

It is simple to set up a basic account, just the usual name address , all important email, and tel no. the email is the most important means of contacting buyers and sellers and the most secure and convenient. When you need to contact the seller after the auction, all you need to do is fill in a few pre prepared forms and ebay will send an email on your behalf with all the relevant information. It’s quick and easy and it means you don’t have to have awkward telephone conversations with people you have never met before, if you are a bit shy.

You must reply to the seller within three days or you will have ebay on your back, asking you what you are up to, and reminding you that all bids on ebay are legally binding, and that you really should close the deal a.s.a.p. It is possible to wriggle out of a deal if you really have made a mistake, at the sellers mercy, but you WILL be frowned upon and be subject to negative feedback...arrrrrgh.

So how do you go about buying on ebay? Which is after all the whole point. All you need is your ebay account and a ‘handle’, that’s a ‘nickname’, there’s the usual nonsense, like mr tickle or loveybumblebee, and all that nonsense. and your off ( just bear in mind when you contact people after the sale they will generally use you nickname to contact you so bear that in mind, if you really want to ring some one up on Monday morning and say “it’s bumblebee......I’m just calling for my money...honey”.....be my guest!).

If you are looking for something specific then you can do a keyword search, for the item, and you will get a list of relevant items that match your description. They are usually listed in the order of auctions ending first, and it tells you how many days, minutes, seconds, are left in the auction. If anything takes your fancy you can click on the link and get full page homepage on the item, with hopefully a reasonably well written description of the article in question. This will include how old the item is, condition, does it work or just spares and repairs, etc. also there will be listed, the seller, how many bids on the item, if there is a reserve, is there a ‘buy it now’ option.

Buy it now option is simply a fixed reserve price that the seller is willing to sell for if you buy at the beginning of the auction, in order to cut out all the bidding rigmarole, you may feel it is a fair price and go for this if you really want the item and do not want to risk losing it in a bidding war (chicken!).

Now the excitement begins...ooooohh. You can start your bidding on the item. I would advise not bidding too much too soon as you will not scare off the other punters you will just inflate the price, more than you need before the real bidding starts, towards the end of the auction. This will please the seller, but it won’t win you any pals on ebay, as of course everybody wants to pay as little as possible...

I NEVER put in a bid until the last day, the last hour of the last day, the last minute of the last hour of the last day..........There are very good reasons for this. As i have already mentioned, this keeps the price down. You don’t want to get into a bidding war with some one else who’ll beat you at any cost, you will simply loose the item. This is not always possible and you should leave it as late as you can, and then put on the MAX amount you are prepared to pay for that item, in one go. Don’t keep adding a pound on each time you get outbid, it isn’t really advantageous.

When the auction gets under way ebay will bid for you in increments each time a new bid comes in, that beats your offer. This is pre set for each auction, and it could be £1, £2, £5,£10.....depending on the value of the item for sale. This is preset and you cannot change it, you can’t just add 50p to gazump the previous bidder.

So you’ve put on your MAX bid, all the other bids are coming in, the times ticking off the clock, seconds to go.......auction ended. The page immediately flashes up who is the winner, which you never know until the end because you can’t tell what anyone else is putting on until it’s over. If it’s you, you get your yipeeee.......moment, and then you have to cough up!
If you have won you get all the contact details, in front of you, of the seller for which you can use to complete the deal, as I mentioned earlier. You will get a little email from them in case you forgot you had a bid on “Congratulations from ebay”, setting out all the details and what to next.

It’s great fun, and quite an exciting game, try it for yourself and see! And if you get too carried away and find yourself living in a junkyard, through all the stuff you have bought, you can use ebay to sell it all again...yipeeee!

Selling’s pretty easy, you need to set up a sellers account, which is basically adding a few more details to your basic account. All you have to do is decide how much your going to start the auction at, many people go for £1, as this excites the crowds, and pulls in the punters. No body really thinks they are going to get an alfa-romeo sports car for a £1, yes they sell them as well, but everybody thinks.....welll.....I might do...you never know......nobody else might want it....yeahhhhh.....Erm.... Welll.........noooooo....actually, but it’s the kind of dreamin’ that makes ebay so addictive.

If you’re moving house, or something don’t throw all that stuff on the tip....get it on ebay..yeahhh.....get in!..It’s amazing what people will buy. Some ones junk is the next persons collectable.....ooooohhh...I was just looking for one of them!!!

My advice is start small and work your way up to the more expensive items when you’ve got a feel for it, this way you won’t end up paying over the odds for stuff.

I have tried too keep this review on ebay relatively simple in order that, people who have not done it before do not get bogged down in all the detail, before you even know what it’s about. There are details to go into, but the best way to go through it all is to go to www.ebay.co.uk and set up your account, it really isn’t, much more complicated than I have described it. Some of the reviews I have read about ebay are longer than ‘War and Peace’ and to be honest it is just not that complicated.

The only thing I’m worried about now, is what I’m going to spend all me bloomin’ money on.....actually.... I’ve just worked it out. It cost me 35p per week, to advertise one photograph, for seven weeks, before somebody bought it for £4, did I make any money?.........duhhhrr.....I don’t think so...boo..hoo! 

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Comments about this review »

lazza123 01.07.2004 19:51

I've got loads of stuff to sell, I was going to do a car boot, but maybe I should give this a go!! Larry

Kingseany 25.06.2004 09:32

Better off selling your photos in another way I think.

Bollinger28 19.06.2004 14:15

Great review - I don't use it as much as I used to as it's far too addictive but it is handy for getting the latest CDs at bargain prices. Regards Lexy x



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