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10 ways to pay LESS on feeBay

Discussion in 'Ebay' started by IsayBiteMe, Sep 13, 2012.

  1. IsayBiteMe

    IsayBiteMe BANNED BANNED

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    Hey fellow gold diggers. Here are some random tid bits of information that I have found over my eBay journeys and though I would share it with you.

    10 ways to pay less on feeBay:


    1 Use sniping tools. If you?ve spotted something you really want then don?t bid on it right away. Competing buyers are sure to bid back and drive up the price. Instead snipe your bargain using a tool that will automatically outbid at the last second for you. Not only do these tools help you to get the item that you want but they also help you save money by keeping you from getting carried away and biding too much. Most are free but some will take a cut for securing a winning bid. A couple decent ones I?ve found are Auction Sniper (auctionsniper dot com) and JBidwatcher (jbidwatcher dot com).

    2 Pick a different category. Not every listing category charges the same. If you are able to choose a different one that is still relevant to your item you are trying to sell then pick whichever one is cheaper. This can potentially save you a lot of money.

    3 Combine your auctions.
    Not many people realize it, but if you have more than one of a particular item to sell, the most you?ll be charged for an insertion fees on a multiple quantity auction or buy it now listing is about $5. For a single item its about $2. Also when you offer combined shipping on multiple items bought from you, your buyer will be more inclined to buy more from you.

    4 Save with paypal micropayments. If you use paypal and mainly sell low value items (typically under $10) you can benefit from the Micropayments price structure. Your rate will be 5% + $0.05 instead of the regular 2.9% + $0.30 per transaction. So for example with MP your fee will be a total of $0.15 instead of the regular $0.59. It adds up people!

    5 Look for misspellings. This may sound weird but if an item is misspelled it would make sense that most people can spell and so will be looking for correctly spelled items. They won?t be bidding on the poor guys item that flunked preschool. Well I guess that?s a plus for you though! There are even free tools for this as well such as at auctionlotwatch. Just go to the tools page and they have some other cool tools you can use for your auction sites.

    6 Look for best offers. Some sellers will consider best offers. A fairly new thing on ebay that is available for fixed price sales rather than standard auctions ? so its usually used for higher priced items. It enables you to propose a price for the item which the seller can accept or reject. The best way to do this it to click on advanced search, tell it what item you are looking for and tick the box that says ?show only best offers?.

    7 Save with Listing Designer. eBay offers a number of upgrades that seriously bump up your fees ? for example, adding a subtitle. Another costly fee is listing designer, a collection of templates to make your listing look better. Beat the fees by using an eBay seller tool called Turbo Lister, which enable you to pick a template for free.

    8 Grab a late night bargain.
    Believe it or not, time means everything. If you can manage it, biding at odd hours can secure you a real bargain as the number of last minute bidders will be lower. In particular, auctions ending between midnight and 5am on a weekday are the ones to look out for. Similarly, if there are multiple auctions for a similar item within a short time frame, focus your efforts on the later ones in hopes that other interested parties will get jammed up bidding against each other on the earlier auctions.

    9 Check the going rate. To find out what is a fair price for an item listed many times before on eBay just search for completed transactions. To do this, fill in the search bar and tick the box ?completed items? on the left hand yellow bar. It?ll come up with a list of prices similar auctions have already fetched; try not to pay more than this when you bid on a similar item. To make sure you don?t get carried away, try tracking a dozen or more similar items in My eBay.

    10 Keep alerted to favorites. If you want an item that?s hard to track down, or are intent on paying a particular price, set it up as a favorite search and eBay will send you an email each time a seller lists the item youre after.

    I hope all this information is useful to you. To some of you some of these may just be common sense, others will find it very helpful. Good luck in your eBay endeavors!



     
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  2. harrykjell

    harrykjell Registered Member

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    Mainly common sense, this is a perfect "How to Save money on eBay for Dummies" or sumin'
     
  3. dibley69

    dibley69 Registered Member

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    basic info, thanks for the info and the effort to post :)
     
  4. IsayBiteMe

    IsayBiteMe BANNED BANNED

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    Your welcome :) It was more directed towards newbies who have not had experience with eBay yet.
     
  5. dmdelectronics

    dmdelectronics Registered Member

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    Good list, thank you.
     
  6. spawn6991

    spawn6991 Newbie

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    Thank you for posting these infos. Very useful indeed..