I’ve been sniping auctions for a few years now, and have come up with some real bargains. I’ve also lost auctions to proxy bidders who actually wanted the item more than I did and bid a higher maximum amount.
The truth is, sniping an auction RAISES the amount the seller receives for his item considerably! I snipe at 20 seconds before the end of the auction and I always bid the highest amount I can stand to pay for the item (taking shipping and handling into consideration, of course).
A Short History of PayPal
Filed Under PayPal | 3 Comments
PayPal was founded in 1999 as a Dot Com startup intended to “allow people to transfer money securely from one Palm Pilot to another.”1 The service soon morphed into a method to allow people to transfer money from computer to computer, using e-mail. Burning venture capital in order to create a market, PayPal offered a $10.00 bounty for every new member referred.
In early 2000, eBay users had taken notice of PayPal and were clamoring to use the service to conduct their auction payment transactions. The founders of PayPal hadn’t given online auctions much consideration when they conceptualized their market but were willing to entertain any possible revenue stream. eBay was just the platform that PayPal needed to transform from a big idea to a reality that surpassed its founder’s wildest expectations.
Auction Terms – Creating an Effective eBay Sales Policy
Filed Under How-To's, Sellers' Insights | Leave a Comment
If done correctly, a clear and effective eBay sales policy can encourage bidding and increase your listing’s final sale price. Unambiguous auction terms take much of the mystery out of the transaction and reduce the bidder’s perceived risk.
Your conditions should clarify your payment terms, shipping methods and costs, and articulate how you handle returns. Your policy should be included in every auction listing and the winner’s notification email. Failing to clearly communicate a fair eBay sales policy can prompt potential buyers to click away from your listing and bid on some other seller’s auction.
Sell Books on Half.com
Filed Under How-To's, Sellers' Insights | 4 Comments
Selling is Easy on Half.com
One of the most dynamic markets on the internet today is for books and music. I’ve found an easy and profitable way to capitalize on this market through Half.com. This article covers getting started selling on this web site.