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Buying At Auction Can Be A Thrill -- Just Don’T Pay More Than You Have To
There are many things to keep in mind when buying at auction, particularly in the fast-paced world of e-commerce. If you’re a first-time buyer and you’re not careful, you could spend a lot more money than you need to.
The first thing to...
Discount Government Auction - WARNING! government auction review scam alert!
WARNING! Do NOT trust other government auction reviews...
99.9% of these so called " government auction reviews "
aren't reviews at all. The webmasters who create these fake
reviews are only interested in the highest commissions ,...
Don’t be a Victim of Online Auction Fraud
The Internet Fraud Complaint Center (IFCC) reported that last year 7.7 million dollars was lost through online auction scams. The actual losses are much greater. Most auction scams are not reported because they involve only small amounts of...
Online Auction Sellers - Seize Control Of Your Business!
As the online auction model of business continues to evolve toward a more commoditized, corporate marketplace, it is time for online auction sellers to seize control of their business, before it’s too late.
In this...
Online Marketing: Online Auctions
Online Marketing: Online Auctions
By Aaron Turpen of Aaronz WebWorkz
Many people have not considered the value of using online
auction houses, such as eBay and Yahoo! Auctions, to
promote their own businesses. No matter your business, ...
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The Auction Phenomenon
Online Auctions such as eBay have really grown in popularity over the past few years. And it's easy to understand why. From a buyers perspective when you browse eBay you can find just about anything you might be looking for. From collectable to clothing, from automobiles to the odd and weird. It's listed for auction on eBay. And from a sellers point of view if you have something that is worth selling, you are bound to find a buyer for it at eBay.
As explained in my book "eBay Marketing Wholesale SourcePak" eBay is a community of members who can buy/sell items locally, nationally and internationally. And while eBay has over 100 million members there are rarely any real problems between buyers and sellers. I believe much of this can be attributed to the eBay feedback. Feedback is where buyers and sellers can leave comments on their experience with each other. Whether is was a good or a bad transaction, you can read about it in the feedback. Now I won't lead you to believe there are no problems at all, because that would not be right. But all in all things run very smoothly.
Harris Poll did a survey regarding online auctions that I found quite interesting.
43% of participants said that they bid at online auctions looking for bargains, 23% said they are looking for hard to find items and 21% were looking for collectables.
When it came to how confident buyers are at receiving their purchases, 54%
were confident and 40% were very confident they would have no problems receiving their product. This compared to only 1% who was not confident.
51% of those surveyed said they always, check feedback before buying from a seller and 36% said they usually do. Only 3% said they never check. I've got to believe that this 3% are newbies.
A whopping 83% of participants said they had bid and purchased items. With 51% saying the average value of the product bought was up to $50.00. 24% said the value was $51. - $100. and 21% said $101. - $500.
66% paid for their items by personal check, cashier check or money order to the seller. While 44% paid by credit card using the third party payment service listed on the auction. And 59% said they had never experienced a problem with their purchases.
Considering eBay recently reported $14.87 billion in annual merchandise sales, there is generally very little problems between buyers and sellers. That is one of the reasons eBay makes such a great Home Based Business.
Happy Selling!
Joe Clare
About the Author
Joe Clare is an active Netpreneur and eBayer! He is the author of numerous articles on how to make money online and be successful on eBay! Check out his latest Best Selling eBook "eBay Marketing Wholesale SourcePak" Your Passport to Success! at www.ebooksnsoftware.com
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