Bidding Advice for New Collectors
Bidding Management Explored
Picking up collectibles is one of the most fun and rewarding things to do on eBay and other web auctions, simply because you can find so many things that you just can’t get anywhere else. Here are a few guidelines to help you on your way.
Find your Category of Interest.
You’ll most likely find that all the items you’re after are listed in a single category. Make your actions easier by adding this category to your browser’s Favorites, and keep coming back.
Watch Out for Mistakes.
If you collect something, the chances are that you already have a lot of knowledge about it. This can be your chance to take advantage of a seller’s mistake. They might not realise that they have a rare version of an item, or they might have left off the key information that makes it to be a finding. If you’re willing to email the seller and ask them a few questions about the item to confirm that it is what you think it is, then you should be able to buy items like these. You can then resell them at a big profit, if that is what you want to do.
Read Item Descriptions with a Healthy Scepticism.
If you find something you haven’t heard of, and the description calls it ‘rare’, don’t assume that it actually is. Far too many sellers just put ‘rare’ into all of their descriptions - the chances are that the item is nothing unique and has just been described wrongly or in a ’selling touch’. Don’t place your bid unless you know what you’re actually buying.
Explore Other Users.
When you pick up something, you’ll probably notice that there are four or five sellers who seem to come up with consistently good items - and the same buyers buying them. Add their user pages to your Favorites, and check back often to see what they’ve got - or what they’re bidding on - that you might be interested in.
Don’t Get Too Emotional to a Special Listing.
There are millions of units being listed every day on eBay - whatever you want, it’ll come around again, and if you don’t get it there are plenty more things to buy. This is similar to the golden rule of negotiating: always be prepared to walk away. If you can’t walk away, then expect to pay over the odds. There are few things so rare that another seller won’t have one to sell. Go and bid in a lower-priced auction, instead of getting into a bidding war in one that is already too expensive.
Beware of the Shipping Costs.
If you bid on lots of small things with a relatively low value, you might end up paying as much for postage as you do for each collectible unit. You should take these fees into consideration when you make your bid. Another good strategy is to always purchase a few things at once from the same dealer, as they will almost always offer you a decent discount on the postage.
When you’re placing your bid, you might notice that some auctions go more slowly than others, going days at a time without any new bids. However, how to take advantage of these ’slow’ auctions is another story. Good luck now on your way to find those special collectibles of value and/or just simple enjoy what web auctions can offers you today.
Find interesting collectible objects at MarketPlaceDotCom.com
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| US $28,400.00 (51 Bids) End Date: Sunday Sep-07-2008 16:46:14 PDT Bid now | Add to watch list |