How to Buy On eBay-2

Private Auction

Private Auction-As a seller when you create a private listing, a buyer's User ID does not appear in the listing or in the listing's bid history. Only you are the person who can view the buyer’s User IDs associated with that listing.

Second Chance Offer in following two situation a seller can make a Second Chance Offer to a loosing bidder :

o The winning bidder of an item listing fails to buy the item

o The seller has duplicate items for sale but hasn't chosen to run a Multiple Item Auction

Multiple Item Auction-When seller offers two or more identical items in its auction-type listing, this is called a Dutch auction. This means the seller is offering several, similar items for sale. Unlike a regular Friend Circles auction, Dutch Auctions can have many winners. When you bid on a “Multiple Item Auction”, you specify the number of items you're interested in and the price you're willing to pay per item. All winning bidders will pay the same price, which is lowest successful bid.

Important- For Multiple Item Auction listings, you cannot use eBay's automatic bidding system to enter a maximum bid. Winning bidders will pay a price equal to the lowest winning bid. Winning bids are selected in order of bid price per item. For example, a bid for 5 units at $12 per unit is ranked above a bid for 10 units at $11 per unit. If two bids have the same price per item, the earlier bid is given priority.

o Once you raise your bid in “Multiple Item auction”, you can’t lower your “total bid value”.

o Winning bidders can refuse partial quantities. This means that if you win some, but not all, of the quantity you bid for, you don't have to buy any of them.

o To displayed Bids click on the "Bidders list" link. Bids with their bid prices are not winning bids, but bids that are winning show the price that they would pay if the auction ended immediately. To place a winning bid you need to exceed this price.

o Allocation of the items is effected by the ranking of the bids.

Specialty Sites- On eBay web site you will find endless list of item to buy and lots of way to shop, buy and bid. From needle to airplanes you will find all items.

These sites include:

o o eBay Live Auctions

o Half.com by eBay

o eBay Motors- go to eBay store to buy and sell vehicles and parts of all types: cars, trucks, SUVs, vans, motorcycles, boats, airplanes, and related accessories.

o eBay Live Auctions – eBay Live auction enables you to participate in auctions of some of the world's greatest auction houses—right while the auctions are taking place.

Fixed price format- If you want to pay a fixed price and get the item quickly, learn about these buying formats:

· Buy it now

· Best offer

· Specialty site

Buy It Now-Using Buy It Now Auction format on eBay, buyer can buy the product immediately without waiting for the auction to end and it is also used by sellers to increase their sale volume.

On eBay there are two types of listings that may have a Buy It Now price:

1. Items that have both bid price as well as Buy It Now price In this case you can place a bid on item and compete in the online auction or use Buy It Now to purchase the item immediately.

Items that have only Buy It Now price- you can purchase the item right away

Using Buy It Now is simple:

o Decide whether you're willing to buy the item for the Buy It Now price. Take note, shipping and handling charges are not included in the Buy It Now price. Shipping cost and other charges will be displayed in the listing description.

o Click the Buy It Now button.

o You'll go to a confirmation page where listed its payment detail. Click "Proceed" button to complete the purchase after you have confirmed to buy it.

o Pay for the item and the seller ships it to you.

o When it's part of an auction-style listing, the Buy It Now option is only shown on listings until an item receives its first bid, or, for a Reserve Price Auction, when the reserve is met. This means that when you see an item has both a Buy It Now price and a first bid price listed, you will need to act quickly!.

Best offer- In this method of selling, buyers can offer a price they are willing to pay for the item. Once an offer is accepted, the item is closed and the buyer is obligated to pay the price offered. Each Best Offer is binding, just like a bid, and is good for 48 hours. Buyers may choose to offer more than the stated Fixed Price so that shipping is included in the final price.

Once a buyer makes a Best Offer, seller can choose one of the following:

o Accept the Best Offer and close the listing.

o Decline the Best Offer and tell the buyer why the offer was rejected.

o Allow the offer to expire on its own in 48 hours (the offer will also expire when the listing ends).

Specialty site: This section include eBay’s Half.com and eBay Stores. By using these sites you can buy or sell your item online.

These sites include:

o Halfe.cm

o eBay store

o Half.com by eBay-Half.com sellers sell their items directly to you, keeping prices low. You can buy books, CDs, video games, and much more at set prices.

o eBay Stores-Go to eBay Stores to visit the online storefronts of experienced, high-volume eBay sellers who provide additional shopping convenience.

eBay Stores offer:

Þ Many Buy It Now Items so you don’t need to wait for the auction to end

Þ Items not available through eBay auctions

Þ Payment by credit cards for all Buy It Now items

Þ Ability to search and browse all of one seller's items

Þ Opportunity to work with experienced and qualified sellers

Advertisement formats – These buying options help to connect buyers with sellers. However these buying options do not directly list an item for sale. This buying format includes.

· Classified ad

· Ad format

· Specialty sites

· Classified Ad-There’s no bidding on the item, which appears with the format icon. If you are interested to buy that item click the “Contact the Seller “button on the item page and fill out the short contact form. eBay will forward your message to the seller.

Rules for your safety:

o Seller can’t share the buyer's information with third parties.

o Use of the buyer's information for any purpose other than communicating with the buyer about the item, is not permitted unless it is allowed by the buyer.

· Ad format-There's no bidding on the item, service, or property in Ad Format listing that appears with the ad format icon. As a buyer if you are interested in the listing you can contact to the seller from item page..

· Specialty sites- This section include eBay’s want it now web site

o Want It Now- You can tell sellers exactly what you want to buy. Go the “Want It Now” Home page and post a message to Want It Now with a description of what you’d like to buy.