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Many people love flea markets, where you can find a real treasure in the middle of a pile of rubbish. It is a system of online auctions, shops and instant payments.
EBay has its own payment system, PayPal. Today the company employs more than 15 thousand employees, has an annual turnover of $ 9 billion, while the company's net profit is more than $ 2.4 billion. Today there are branches of the company all over the world, but eBay itself does not limit itself only to trade.
For example, one of the company's assets is Skype, which was bought for several billion dollars. You can talk about eBay for a long time, just listing unusual lots will take a lot of time. Plunging into the world of this huge auction store, a beginner inevitably comes across some myths that we will try to dispel.
When we buy something on eBay, we buy it from eBay. Thinking about eBay should be likened to another section of classified ads in your local newspaper. The newspaper itself does not sell the products referred to in the article. Similarly, eBay does not sell all the products that can be found on it. Sellers pay a commission to the auction for listing the goods and their descriptions there. This is why it is so important to familiarize yourself with the terms and conditions of the lot and its warranties when buying on eBay. After all, sellers are different, someone can be trusted, but someone cannot. The rating of the seller will help in this, eBay makes it possible to assess the number of his successful transactions. The auction itself, in fact, does not bear any responsibility for the goods, their quality and performance.
The product is guaranteed by eBay itself. This is not true, because the auction itself does not sell anything, as mentioned above. Accordingly, there are no guarantees of not only the reliability of the product, but even the accuracy of its description. Therefore, any buyer on eBay should be as vigilant as possible. Although eBay offers several types of refunds, they usually only apply to items that were not at all what they wrote or were not shipped. Moreover, this whole process takes quite a long time and, as a result, may not be allowed even in favor of the buyer. Therefore, the best defense for a newbie is to avoid risky auctions and deals with sellers with low ratings.
PayPal's 100% protection against unauthorized transactions means that the buyer is protected from the loss of goods on the way to him or the arrival of not what was expected. In fact, PayPal's 100% protection only applies to unauthorized transactions. This limitation is intended to hide a security breach in PayPal that makes it possible to fraudulently use a bank card. Transactions in which the seller misrepresents the description or does not supply the goods at all are not covered by this warranty.
PayPal Buyer Protection gives you all the security you need. In fact, the Buyer Protection system has more limitations than the one offered with credit cards. This program was initiated by the payment system itself, in order to encourage its users to make purchases through it, using their bank account. Such a system generates more profit for eBay. For the best way to protect your transactions, you should always use your credit card as your payment method for all PayPal transactions.
If a seller has a positive rating of more than 98%, then he is trustworthy. In fact, the rating system and its level are not an accurate indicator of the reliability of a seller on eBay. There are many other factors to consider. This is the number of unique positive and negative reviews, the number of neutral ratings, as well as rating trends. The seller may have received several recent negative reviews from their customers in a row. In this case, his overall high rating is no longer so significant, and cooperation with him should be abandoned.
If an eBay user received a negative review, then he in turn will most likely leave the same review. Indeed, there is a feedback technique in the system. In it, there is a fairly high probability that the one who received a negative assessment will expose the same in response. This phenomenon has come to be known as negative feedback. Those users who leave negative reviews run the risk of getting them in return, even if they don't deserve it. That is why polite and trusted sellers have such a high percentage of positive reviews. They simply prefer not to be stubborn, but to settle problems peacefully.
Neutral feedback is irrelevant, only positive or negative opinions should be taken into account. The fact is that in accordance with the aforementioned effect, many buyers and sellers are simply reinsured and leave neutral feedback. They are afraid to receive a negative assessment in return. This practice is fairly common, so eBay itself encourages buyers to treat neutral reviews as if they were negative. Therefore, you should be careful when leaving neutral feedback for a successful transaction. If you are satisfied with the purchase, then it is better to leave positive feedback.
eBay aggressively removes fraudulent or misleading lots from its pages. Let's face it, eBay itself makes money when a seller lists their item at auction, and especially when it is also being sold. This suggests that the marketplace has quite little incentive to remove questionable items from the list. After spending a lot of time searching on eBay, a person himself will begin to see those goods that are clearly falsified. In this case, search engines will help, which will tell you the true characteristics of the proposed lot and its estimated cost.
No one will buy anything from a seller with a zero rating or from a newbie. By and large, this statement is true. However, this rule does not always apply. For example, if there is a campaign and PR sales are on the Internet or in the press, then few people will look at the rating. On the other hand, an inexpensive but rare item, for example, a collectible, can attract attention. Then the bets will be made, despite the zero in the reviews. It should be noted that the absence of reviews at first will result in a low price for the product. This is the price of risk. Similar lots from other verified sellers will cost more.
eBay is an American auction, and nothing can be delivered from it to Russia. First of all, it is worth noting that there are many national eBay branches where residents of the same country are traded. For Germany it is ebay.de, but for Italy it is ebay.it. Many sellers agree to send goods to other countries, indicating the prices for this. If even the parcel goes only to the USA, then you can try to negotiate with the seller about sending to another country. Perhaps he will make concessions. Yes, and no one canceled intermediaries who can send a parcel to another country for a small fee. There is also a website called global.ebay.com, where you can find those products that are available for sale and delivery in a specified country.
You cannot pay for a lot from Russia or Ukraine. PayPal does have a number of restrictions on working with clients from Russia or Ukraine. However, you can pay from our countries, you just need to register your payment card in the eBay payment system. The money for the purchase will be withdrawn and transferred to the seller's account almost instantly.
The highest bid always wins at the auction. Often people make their maximum bid, and at the end of the auction they find out that the lot was won by someone who bid exactly the same amount. The trading system is such that people making a bet do not know the maximum size of others. Having put 100 dollars for the lot you like, it may eventually turn out that someone has put the same amount before. The system will give it preference in the end.
Sunday night is the best time for shopping. Many people believe that most of the auctions close at this time, therefore, it is time to bargain. This is actually a mistake. The fact is that at this time there is a special excitement. As a result, you can buy an item for more than it would be possible to do on a normal day. In addition, it is worth considering the increasing traffic at this time, which slows down the servers. You may simply not be able to make the required bet on time. And for sellers this time is not the best - after all, at the same time, many competing auctions are closed, the buyer may simply not have time to pay attention to this particular lot.
For sales, it is better to have several different accounts. Many people create different accounts to work in different areas. One sells badges, the other sells equipment, and the third sells underwear. This approach is wrong. First of all, it is worth noting that few people, looking through the auction pages, will carefully study what else the seller is selling. By the same to the same trading from one account, there is an opportunity to quickly increase your rating, bypassing highly specialized competitors.
When selling common items, you don't need to post photos of them. Often sellers sin by placing in the description not real photos of their goods, but template ones. They believe that a widespread product does not need additional demonstration. In fact, this is not the case. Pictures give the buyer confidence in what exactly they are buying, what set and the condition of the goods. Practice shows that lots with detailed photographs sell much better and go at a higher price.
There are many more auctions on eBay than there are fixed listings. eBay was founded over 15 years ago for people and organizations looking to sell their products. In the early years, everyone realized that auctions are the most interesting and exciting way of selling for everyone. For a long time, sellers gave their lots to those who offered the highest price. However, eBay has evolved, and sellers are increasingly turning to work with fixed prices. Today, according to company reports, about 60% of all products are sold at a constant price. However, auctions should not disappear, because this format is very popular, both sides of the trade love it.
eBay is a place where people sell old junk to each other. Perhaps it was 10 years ago. Today, eBay is the largest e-commerce marketplace with $ 62 billion in sales. There are 25 million sellers trading there, selling about 200 million products a year. Thus, it turns out that the "average" seller sells about 8 lots per year for the amount of 2 thousand dollars. But many people sell only 1 or 2 lots per year. It turns out that today many transactions are carried out by professional online stores. EBay is a hot spot for multinational brands today. There is less and less relationship between the consumers themselves and more and more - between the business and the buyer.