| Product: |
Tips for Buying and Selling at Auctions |
| Date: |
29/07/09 (22 review reads) |
| Rating: |
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Advantages: make money, save money
Disadvantages: charges
I have been using online auction sites for about 6 years now. The site I use most is Ebay.co.uk. I think this is the most well known around.
There are a lot of hidden charges and terms and conditions when using these sites, please make sure you read everything very carefully before buying and selling.
** Tips for buying **
> Make sure the seller is trusted with good feedback
> Check the postage charges as well as the item price
> Set yourself a price limit, don't get carried away with last minute bidding
> Paying by paypal is best as you are protected if the item isn't received or posted.
** Tips for selling **
> Be aware of insertion charges and final value fee's. When selling on ebay you are charged for listing the item, selling the item and then again a small percentage when the payment is received. I would suggest only selling items worth over a few pounds because after all the charges it isn't really worth your while selling something for 99p.
> I would definately suggest sending all items recorded delivery. If the item goes missing, the buyer is always favoured over the seller.
> List your items at peak times, EG 6pm on a Sunday evening, this is when more people are likely to be online. Your item ends at the same time that it is listed at.
> Be sure to make your item as attention grabing as possible. In the title include as many key words as possible. Just writing "topshop top" is not going to get much attention. The best thing is to write the brand, pattern, size and condition. EG. "NEW Topshop star print black top size 8". Adding other keywords such as "Vinatge" or "Indie" will help with the sale too.
> Make sure if you sell something, it is good condition, only sell things you would be happy to receive.
> Post items ASAP to ensure you get positive feedback.
You can sell almost everything and anything, you would be surprised to see what's for sale in some of these auctions.
Give it a go, it is a good way to make money and also save money by buying cheaper clothes than in shops.
Summary: ~ Give it a go ~
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Last comment:
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- 29/07/09 Excellent advice. Thanks. |
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