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BOOT CAMP 383 (28/06/05)
ebay Top Tips part 2, Buying
Many people’s first
encounters with ebay are as buyers and this is a good way to get a feel for how
it all works. Once you have registered (see last week’s Boot Camp) you can jump
straight in and bid on anything that takes your fancy but as with any auction
have a good idea of the value of the item you are bidding on and set yourself a
firm spending limit.
It’s easy to get caught
up in the excitement and end up paying over the odds for something that you
might be able to buy cheaper or more easily elsewhere and don’t forget to factor
in the cost of postage. Remember also that in a private auction you do not have
the normal safeguards of buying from a retailer, so caveat emptor! I suggest
that you start small, items costing less than £20, say, to gain some experience
and reduce the chances of making a costly mistake.
When looking for items
choose your search keywords carefully. For example, a search for Art Deco
ceramics would return several thousand hits but this can be trimmed to a more
manageable number by specifying a manufacturer, pattern or date, e.g. ‘clarice
cliff bizarre’ (ebay searches are not case sensitive, by the way).
This will give you
plenty to look at and you may well find several items of interest, however, for
popular categories thousands of other buyers may be looking for exactly the same
thing and competition could be fierce, so here’s a trick to unearth some real
bargains. Take advantage of some ebay seller’s inability to spell by trying
common mis-spellings. For example searching for ‘clarice cliffe’ or ‘clarace
cliff’ might well return several hits; these items will be viewed by
significantly fewer people, they won’t attract so many bids and the final
selling price could be a lot lower; you might even be the only
one!
By default ebay searches
for goods from UK sellers. To widen the net change the Location parameter in the
left hand Search Options panel to Europe or Worldwide. You will also find
options for ‘filtering’, by sale type (auction or Buy It Now), condition, price
and location.
Once you have found
something of interest review the seller’s Feedback (click on the number after
their ebay username); avoid anyone with a poor sales record. Check the
photographs and read the auction write-up very carefully, especially payment and
postage options, which may be expensive or contain extra charges. If you have a
query click the ‘Ask the Seller a Question’ link and if you don’t receive a
speedy or satisfactory reply give it a wide berth.
Unless the auction is
about to end resist the temptation to place a bid straight away. Bidding usually
hots up in the last few minutes so jumping in early can drive up the price. You
can judge the interest in an item by checking the number of times it has been
viewed. Add the lot (or lots) to your ‘Watchlist’ by clicking the ‘Watch this
item’ link and ebay will automatically remind you by email 24 hours before the
auction ends.
To bid simply enter the
maximum amount you are willing to pay. This is known as a Proxy bid and ebay
automatically bids on your behalf up to your limit every time you are outbid. If
you just enter the next suggested bid amount you will be easily outbid. Avoid
using ‘round’ numbers (i.e. £10.00) as you could loose an item for the sake of a
few pence to someone with a Proxy bid of £10.51, say.
Bidding in the last few
moments of an auction is known as ‘sniping’. This practice is frowned up by some
ebayers but it is perfectly legitimate and within the rules; the highest bid
always wins, no matter how late it is entered. The downside is that sniping
requires split-second timing, strong nerves and you risk being outbid in the
last few seconds, leaving you no time to raise your bid.
One way to improve your
sniping chances is to open two browser windows displaying your chosen lot. A few
minutes before the auction ends select the second browser window, click the
place bid button, enter your highest bid amount, click OK but do not click the
Confirm button. Switch back to the first browser window and use the F5 key to
update the page every 30 seconds or so, to monitor the time remaining and the
current price. One minute before the auction ends switch to the second window
and click the Confirm button as close to the end of the auction as you dare (a
stopwatch is handy), but no later than 10 to 15 seconds before the end as it can
take this long for the system to register your bid (longer if you are using a
dial-up connection).
If you don’t like the
idea of manual sniping there are numerous programs and web-based services that
will do it for you (see Top Tip). These are also useful if you are unable to
place a late bid yourself.
Finally, if you win your auction pay promptly and if you
are satisfied with the goods leave Positive feedback for the Seller and they
should do the same for you. If there’s a problem contact the seller as soon as
possible, most ebayers are fair-minded and strive to avoid Negative feedback or
tangling with ebay’s tortuous dispute resolution process.
Next Week -- ebay Top Tips -- part 2 Selling
JARGON FILTER
CAVEAT EMPTOR
Let the buyer beware!
LOCATION
Displays distance, in miles, of the seller from where you
live
F5 KEY
Page refresh function, pressing F5 updates the currently
displayed page
TIP OF THE WEEK
There are numerous auction sniping programs and websites that
automatically bid on your behalf. A freeware program called Bidsage (www.auctionsagesoftware.com/bidsage/about.htm)
is a good example and it can be set to enter your bid seconds before the auction
closes, however, your PC has to be left on and connected to the Internet so you
really need a broadband connection. Other sniping tools worth investigating
include:
BidNiP (www.bidnip.com/)
JBidwatcher: http://sourceforge.net/projects/jbidwatcher/
Autosniper: www.autosniper.com.
Auction Stealer: http://www.auctionstealer.co.uk/home.cfm
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