Do you use online auction sites?

lindy6

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Do you use online auction sites? If you do which ones do you use. I am really addicted to buying thiings on ebay. I buy a lot of people's Christmas presents on there each year.
 

courtknee525

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I love eBay. It's fun trying to get good bargains. I've also tried selling a few things there and at first I loved it, but then I realized PayPal takes part of your profit and then eBay charges you fees. That kind of made me a little mad so now I don't sell as much because really, I'm not making any kind of profit.
 

7777

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Ebay is one that I use mostly and I have not really had any problems. Everything was as described and it arrived when it was supposed to
 

luakhan

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I always use ebay for auctions. I like ebay because it supports shipping to almost all the countries
 

ObiKinobi

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Yeah I use Ebay too for shopping - convenient, good prices, and buyer protection make it a pretty nice place to buy something
 

dreamteamcoop

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Yes i use auction sites from time to time mainly eBay (as it's the most famous), it allows us to compare the prices and take the cheaper product. There are also many bargain sites where you can order products at a very cheap price.
 

constanttime

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Yes i do use online auction sites for the few years i have been into marketing i have made use of some of them. well there are criterials that you must be aware from my whealth of knowlege which am am willing to share with you, you must put into consideration the following.
Characteristics of a Good Online Auction Site

o Site must have prominent privacy policy that guarantees that the site will provide secure link when a customer enter credit card details and do not sell customer information.
o Very clear defined policies and procedures must be enacted upon when and if any wrong transaction occurs.
o Rating of buyers and sellers facilitate the identification of sellers who do not exist to the end of bargain.
o Fees and commissions must be mentioned on the site. Most of the sites do not charge any fees from bidders but sellers often have to pay small fees for listing the items and commission on selling any item. So the bidders must compare online auction sites for the fees and commission rates to get an idea of the current rates.
o A good online auction site must have escrow services option such as PayPal. These services make the selling and buying more quick by preventing buyers and sellers from becoming intermediary. The buyer can directly send the small fees and payment to the escrew service, after receiving funds escrew gives instruction to sellers to ship the goods. When buyer receives the goods in acceptable condition, funds are transferred to seller via escrew service.
o A good online auction site must have the international payment and shipping option. Commercial sites support international sales.
Advantages of Online Auction Sites
Online auction sites offer several advantages:
o Online auction sites do not stop businesses to carry on sales of product through traditional sales method.
o An online auction site also reduces the distribution cost of a product. It can be stored at one place till it is ready for shipping. It will also reduce the packaging cost of items for distribution to intermediaries such as retail stores. It will also protect goods from damages and keep them safe.
o Online auction also helps small businesses to sell their seasonal, discontinued or damaged goods often with profits and eliminate the inventory expense to store them.
o Online auction sites open the door of international markets for small businesses and help to expand global market. That is nearly impossible to achieve via normal marketing channels.
o Online auction sites also help new businesses that offer new products and it becomes easy to set a market price based on supply and demand.
o These sites also help to find out what customers are willing to pay without doing time-consuming expensive market research.
Characteristics of a Good Online Auction Site

o Site must have prominent privacy policy that guarantees that the site will provide secure link when a customer enter credit card details and do not sell customer information.
o Very clear defined policies and procedures must be enacted upon when and if any wrong transaction occurs.
o Rating of buyers and sellers facilitate the identification of sellers who do not exist to the end of bargain.
o Fees and commissions must be mentioned on the site. Most of the sites do not charge any fees from bidders but sellers often have to pay small fees for listing the items and commission on selling any item. So the bidders must compare online auction sites for the fees and commission rates to get an idea of the current rates.
o A good online auction site must have escrow services option such as PayPal. These services make the selling and buying more quick by preventing buyers and sellers from becoming intermediary. The buyer can directly send the small fees and payment to the escrew service, after receiving funds escrew gives instruction to sellers to ship the goods. When buyer receives the goods in acceptable condition, funds are transferred to seller via escrew service.
o A good online auction site must have the international payment and shipping option. Commercial sites support international sales.
Advantages of Online Auction Sites
Online auction sites offer several advantages:
o Online auction sites do not stop businesses to carry on sales of product through traditional sales method.
o An online auction site also reduces the distribution cost of a product. It can be stored at one place till it is ready for shipping. It will also reduce the packaging cost of items for distribution to intermediaries such as retail stores. It will also protect goods from damages and keep them safe.
o Online auction also helps small businesses to sell their seasonal, discontinued or damaged goods often with profits and eliminate the inventory expense to store them.
o Online auction sites open the door of international markets for small businesses and help to expand global market. That is nearly impossible to achieve via normal marketing channels.
o Online auction sites also help new businesses that offer new products and it becomes easy to set a market price based on supply and demand.
o These sites also help to find out what customers are willing to pay without doing time-consuming expensive market research.
 

darkvadeth

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Nah auction to me is rather bullshit.I hate the fact that I've to bid among other members to get a product and sometimes the bids can go higher than the usual price.I'd rather just buy the product from the store for a fixed price.Although at times when I'm lucky I'll get the thing I want for a low price.Depends on the lucky and wealth really haha!
 

babychane

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lindy6 said:
Do you use online auction sites? If you do which ones do you use. I am really addicted to buying thiings on ebay. I buy a lot of people's Christmas presents on there each year.

As of now our social networking site has it's own auction site. I just learn about that thing about that. It's new but I know this will boost.^^