A quick guide to understanding eBay
Putting sellers and buyers directly in touch with each other, eBay is an online market place that offers a huge number of items for sale each and every day.
Anyone can sign up to eBay as either a seller or a buyer and it only takes a few easy steps to get started.
The site first appeared, with a different name, back in 1995 and in the years since, hundreds of millions of items have been sold. From niche books, games and music to second hand clothes or home crafted items, eBay is a great place to find unusual things and can be a real money saver if you’re savvy.
Buying on eBay
There are two different ways you can buy things on eBay, you can either bid for items through an auction process or choose items that are for sale at a fixed price. Auctions offer the chance to scoop up a real bargain, but there’s also always the chance that you might miss out on an item you’re hoping for.
Ebay works with a blind bidding process, meaning you don’t know what other people have bid. All auction items have a starting price that you have to meet and if you bid on it and no one else does, you’ll win the item at that price – even if your bid is much higher. If someone has bid more than you when you first enter your bid, you will automatically be told that you’ve been outbid and have the option to up your price. The other bidders will then also be emailed and have the choice to enter a higher bid. Auctions can last anywhere from 24 hours to 10 days and for an in depth look at the buying process, check out a beginner’s guide.
Many sellers also offer a buy it now option, which allows you to simply purchase an item outright in the same way you would with any other online shop. The prices are predetermined and you’ll be able to see how the seller would like to be paid and how much they charge for postage.
The benefits of eBay
One of the good things about eBay is the fact that all buyers and sellers are asked to leave feedback about their experience. The results are then available to read on their profile and you can instantly see how well someone has performed as a seller or buyer by looking at their percentage rating. Should you have a dispute about a purchase, eBay has a Resolution Centre to help you solve the problem. Find out more about the process of with a look at eBay’s help pages.
The other useful eBay feature is the fact that anyone can become a seller as well as a buyer. If you have things that you’d like to sell from the comfort of your own home, all you have to do is list them through your account. There are certain things you can do to make your items look more attractive to buyers, and the guide to 40 ways to sell from Money Saving Expert has some fabulous tips and tricks.
Latest posts by Sally - Silversurfer's Editor (see all)
- Funeral plans versus personal savings - March 3, 2021
- Think smaller! A guide to downsizing - March 3, 2021
- Win a pair of Cosyfeet footwear of your choice - March 3, 2021
- Win a Unisex Integrated Electric Mountain Bike worth £999! - March 1, 2021
- Win one of two Sonorlite Hearing Bands - March 1, 2021
Leave a Comment!
Community Terms & Conditions
These content standards apply to any and all material which you contribute to our site (contributions), and to any interactive services associated with it.
You must comply with the spirit of the following standards as well as the letter. The standards apply to each part of any contribution as well as to its whole.
be accurate (where they state facts); be genuinely held (where they state opinions); and comply with applicable law in the UK and in any country from which they are posted.
Contributions must not:
contain any material which is defamatory of any person; or contain any material which is obscene, offensive, hateful or inflammatory; or promote sexually explicit material; or promote violence; promote discrimination based on race, sex, religion, nationality, disability, sexual orientation or age; or infringe any copyright, database right or trade mark of any other person; or be likely to deceive any person; or be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence; or promote any illegal activity; or be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety; or be likely to harass, upset, embarrass, alarm or annoy any other person; or be used to impersonate any person, or to misrepresent your identity or affiliation with any person; or give the impression that they emanate from us, if this is not the case; or advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
Nurturing a safe environment
Our Silversurfers community is designed to foster friendships, based on trust, honesty, integrity and loyalty and is underpinned by these values.
We don't tolerate swearing, and reserve the right to remove any posts which we feel may offend others... let's keep it friendly!