Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction

You may have heard about ebay and other online auctions.

You may have participated in some of the biddings.

But before you do the next bidding for a product or service, here are some few important secret tips to help you:

1. Know the value of the product before you bid. If the product is brand new, check to see what price retailers are charging for it. If the product is used or reconditioned, you will want to pay way less than the retail value.

2. If the product's description or picture isn't detailed enough for you, contact the merchant to get more information before you bid. You don't want to take a chance to waste your hard earned money.

3. Know the highest price you will bid for the product and stick with it. Don't get caught up in a bidding war; you may end up paying more than the product's worth. Don't forget to add in the shipping price with your bid.

4. Visit a few online auctions before bidding because some merchants auction the same product in many auctions. You usually can purchase the product for a lower price in a unpopular auction because there are less bidders.

5. Know the time the auction begins and ends. You also want to know how long it will take to ship. If you need the product by a certain date, you'll want to estimate the time it will take to receive it.

6. Know the payment options the merchant accepts before you bid on their product. If they only accept checks or money orders, it may take even longer to get the product because the payment has to clear. If they accept credit cards make sure they have a secure server.

7. Know if the merchant offers a warranty or money back guarantee or before bidding on a product. You don't want to get stuck with a product that does not work or you're not satisfied with.

8. Online auctions will, sometimes, allow you to check the merchants history with their auction. Check to see if people have complained about the their products or business practices before you decide to bid.

9. It's important to place a bid early in the auction to show other bidders you are interested in the product. If someone does out bid you, don't be afraid to out bid them. Remember not to go over your maximum bid price.

10. Another reason to know when the auction ends; you can place a last minute bid. The other bidders may not be keeping track of when the auction ends or may not have the time to bid again.

Warmly,

I-key Benney, CEO

I-key, a Millionaire CEO from New York City is the creator of "Mscsrrr: Millionaire Secret Cash System", home based business, online investment opportunity (http://www.mscsrrr.com) which has helped thousands of ordinary people from all over the world to attain financial security and shining success during the past 2 yrs.

Mscsrrr Millionaire Cash System helps you to generate $1,500+/Week for life, from home or office, part time or full time. No large investment or hassles. Win $1000-$2000 free "cash".

---

Photos on my eBay Auctions: How Do I Add Them?

On another forum I'm involved with, someone's asked a great question: I want to sell products on eBay, but I want to include photographs with my items. How do I do... Read More

10 Tips to Starting a Financially Successful Ebay Business Startting Right Now

Ebay is Perhaps the easiest and fastest way to start a home based online business. Here are 10 Tips to starting a Successful Ebay Business1 - Become an Ebay ShopperBuy a Few things... Read More

Auction Image Hosting for Ebay Auctions: Free Single Most Recommended Tip

It is a well known fact that the more pictures taken of an item, the better it will sell. Not only will you get more bids, but you will make a superior final... Read More

How to Market with Niche Auction Sites

Online auctions are big business. But they can be big headaches.During the past year, trading in online commerce was valued at $60 billion, according to *Business Standard." Online trade among small businesses makes... Read More

How To List Your Items On eBay

Listing your items on eBay can be very confusing if you don't know where to start. Here are a few tips on getting your items listed so that they sell.AccuracyWhen you list your... Read More

Professional eBay Auctions Reap the Profits for Sellers

eBay offer an unbelievable amount of traffic for ANYONE wanting to sell on their auction site, so much so that millions of items are listed on it everyday. So with all this competition... Read More

Taking Paypal on eBay

Accepting Paypal as a payment method might increase your selling prices and your profits. This depends on what you are selling. I sell collectibles to collectors. My clients are like junkies. They will... Read More

What To Do After Your eBay Auction Closes

So your auction closes. Now what?Hopefully you made a sale or several sales. Now the important work begins. Here are some tips on what to do after your eBay auction closes.Buyer ContactOnce your... Read More

Sell Your Items at Cost and Make a Fortune on eBay!

Like all ebay sellers I wanted to sell all of my items at a profit and what I found was that when I was getting to the end of line items that I... Read More

2 Step Secret Reveals How You Can Find Wholesale Suppliers

Have you spent hours on the internet searching for a viable wholesale source? I did. I spent money on self-professed in-depth Wholesale Supplier directories and membership sites. All a waste of time and... Read More

How to Double or Even Triple Your Net Profit Selling on eBay

eBay Search tips and secretsThis is an example of how I used the Ebay search tab to triple my sales and profit in 1 month!I had found a great supplier of computer liquidation... Read More

Start Selling On eBay - Getting Started On The Right Foot

You've started your own eBay business and, even though it's part time right now, you know it's going to become a huge success. You are able to see the day when you can... Read More

How To Use A WYSIWYG HTML Editor To Make Stunning Ebay Auction Listings

What kind of browser are you using for online surfing? Explorer, Netscape, Firefox, Opera?? Sure, all are good programs but I want to talk about an excellent program called Netscape. If you use... Read More

Just The Ticket - How To Make Hundreds Per Day As A Ticket Broker On eBay!

It should be simple - your favourite team/band/theatre play is just about to perform in a couple of weeks. You've waited months for this, now you're going to log on, book the tickets... Read More

How To Find REAL Wholesale Dropshippers For Almost Any Product

With more and more people getting online, many of them are searching for information on specific products that they are interested in purchasing.Thus one of the best possible ways to turn a profit... Read More

An Emerging Market in eBay Consignments: The eBay Trading Post (Part II In A Series)

In 2002, the eBay consignments business was born, referred to by eBay as the Trading Assistant Program.It's possible that eBay didn't foresee just how much they would benefit form their eBay consignments program.... Read More

Six Steps Towards Successful Buying at eBay Auctions

Buying on eBay can be very rewarding, either in terms of being able to pick up items cheaply or for hunting for hard to find items. Although generally the experience is good, there... Read More

How to Win on eBay

I've bought over 100 items on eBay over three years and am ready to share my knowledge of how to win at eBay and buy from reputable sellers.1. You can find anything on... Read More

Shipping Supplies For Your eBay Auction Business

Auction supplies are clearly an expense and major consideration for an eBay auction business. Of course, the most critical supply is the item you are selling, but mailing supplies are necessary for every... Read More

5 Reasons Why Playing Music On Your Auctions Is A Bummer Of An Idea

There are 147 million registered users on eBay, and tens of millions of those are desperately fighting to make sales on eBay. When trying to make their auction listings as powerful as possible,... Read More

How To Find Tons of Hot Items Selling On EBay ...In Less Than 10 Minutes

There are many ways to start a home business online, and few are easier than eBay - the world's largest online auction site. However, there is one critical condition - you have to... Read More

Four Huge Mistakes Ebay Sellers Make (Even Some Moderately Successful Ones)

No matter how many times I see it happening, I'mconstantly amazed at the number of people who areliterally throwing money away by making incrediblysimple mistakes when they sell items in an onlineauction. Over... Read More

Can You Really Make Money Selling New Release CDs & DVDs On eBay?

Being an active eBayer, I am often being asked about products to sell. A common question is "Where can I purchase products such as new release CD's DVD's and Video Games for Playstation... Read More

eBay: Dont Believe All the Hype

Three billion dollars (that's billion with a "B") in revenues, 135 million users, millionaires all over the place at eBay! Yeah, eBaby!!!, to steal a line form another great author. (See "EBay: No... Read More

How To Sell On Ebay: Pricing Strategy

Many new Ebay sellers make one of two mistakes: either they overprice items to an unsellable extreme; or they lose money on every transaction by setting low starting prices with no restrictions.In this... Read More

5 Secrets To Make A Killing on EBay

Secret #1: Find a 'real' wholesale and drop ship companyDo you know what one of the biggest problem is to be successful on eBay? 'What should I sell"? I can tell you, I... Read More

What to Sell on eBay - 7 REAL Tips for Finding Successful Products

This question has become one for the ages. There are many answers to it, few of which will actually help you. Today we will give you 7 tips you must keep in mind... Read More

Is The eBay Fee Increase Actually Good For Business?

Fee Increase Leaves Some Sellers Angry, Others ThrilledMuch of my email from readers this month concerned the recent announcement from eBay that it will increase many seller fees on February 18, 2005. Since... Read More

The Webs Best Online Auction Sites

The best online auction links for buyers and sellers are - not surprisingly - eBay, eBay and eBay. eBay began the entire wacky world of online auctions back on the Labor Day weekend... Read More