Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction

Home
>
Online Auction
>
Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction

Online Auctions: 10 Secrets You Should Know Before Bidding At An Online Auction

You may have heard about ebay and other online auctions.

You may have participated in some of the biddings.

But before you do the next bidding for a product or service, here are some few important secret tips to help you:

1. Know the value of the product before you bid. If the product is brand new, check to see what price retailers are charging for it. If the product is used or reconditioned, you will want to pay way less than the retail value.

2. If the product's description or picture isn't detailed enough for you, contact the merchant to get more information before you bid. You don't want to take a chance to waste your hard earned money.

3. Know the highest price you will bid for the product and stick with it. Don't get caught up in a bidding war; you may end up paying more than the product's worth. Don't forget to add in the shipping price with your bid.

4. Visit a few online auctions before bidding because some merchants auction the same product in many auctions. You usually can purchase the product for a lower price in a unpopular auction because there are less bidders.

5. Know the time the auction begins and ends. You also want to know how long it will take to ship. If you need the product by a certain date, you'll want to estimate the time it will take to receive it.

6. Know the payment options the merchant accepts before you bid on their product. If they only accept checks or money orders, it may take even longer to get the product because the payment has to clear. If they accept credit cards make sure they have a secure server.

7. Know if the merchant offers a warranty or money back guarantee or before bidding on a product. You don't want to get stuck with a product that does not work or you're not satisfied with.

8. Online auctions will, sometimes, allow you to check the merchants history with their auction. Check to see if people have complained about the their products or business practices before you decide to bid.

9. It's important to place a bid early in the auction to show other bidders you are interested in the product. If someone does out bid you, don't be afraid to out bid them. Remember not to go over your maximum bid price.

10. Another reason to know when the auction ends; you can place a last minute bid. The other bidders may not be keeping track of when the auction ends or may not have the time to bid again.

Warmly,

I-key Benney, CEO

I-key, a Millionaire CEO from New York City is the creator of "Mscsrrr: Millionaire Secret Cash System", home based business, online investment opportunity (http://www.mscsrrr.com) which has helped thousands of ordinary people from all over the world to attain financial security and shining success during the past 2 yrs.

Mscsrrr Millionaire Cash System helps you to generate $1,500+/Week for life, from home or office, part time or full time. No large investment or hassles. Win $1000-$2000 free "cash".

In The News:

Yahoo! News: Top Stories

Obama names special watchdog for federal spending (AP)

AP - President-elect Barack Obama said Wednesday that reforming massive government entitlement programs such as Social Security and Medicare would be "a central part" of his effort to control federal spending. Obama made the pledge but provided few details as he named Nancy Killefer as his administration's chief performance officer, creating a new White House position aimed at eliminating government waste and improving efficiency.

Israeli strikes, Hamas rockets resume after pause (AP)

AP - Israeli airstrikes and Hamas rockets resumed after a brief pause Wednesday to allow food and fuel to reach Palestinian civilians in Gaza, where an Israeli warplane dropped leaflets urging some residents to flee because of imminent attacks.

Burris expects to join Senate 'very shortly' (AP)

AP - Roland Burris said Wednesday he should be able to join the Senate "very shortly," after talking to newly supportive Democratic leaders and working on lingering legal obstacles. Talking to reporters on the second day of a Washington power odyssey that would intimidate many, the 71-year-old Burris declared himself happy and said he was pleased with his meeting with Sens. Harry Reid and Dick Durbin.

Obama hails 'extraordinary' moment with presidents (AP)

AP - Confronting a grim economy and a Middle East on fire, Barack Obama turned Wednesday to perhaps the only people on the planet who understand what he's in for: the four living members of the U.S. presidents' club.

Richardson adviser worked for firm feds probing (AP)

AP - One of Gov. Bill Richardson's close friends and advisers worked as a consultant for the California firm at the center of a federal pay-to-play probe that derailed the governor's appointment as commerce secretary.

End to Minn. Senate race pushed even further out (AP)

AP - Minnesota's grueling U.S. Senate race, already dragging on two months past Election Day, has now moved even further from the voters and into the hands of lawyers.

How big Jurassic flying reptiles got off ground (AP)

AP - The Jurassic version of jumbo jets huge flying creatures weighing hundreds of pounds is a mystery of dinosaur-era flight: How did something so big get off the ground? A Johns Hopkins University biologist thinks he has figured out the answer.

C-sections best for baby when close to due date (AP)

AP - Babies do better after a scheduled Caesarean section if they're born no sooner than seven days before their due date, a new large study of U.S. births shows. Those delivered earlier had more complications, including breathing problems, even though they were full term, the researchers reported in Thursday's New England Journal of Medicine. Even just a few days made a difference, they said.

Pa. man opens neighbor's door with chain saw (AP)

AP - An eastern Pennsylvania man may face up to 37 years in prison for tearing open a neighbor's door with a chain saw. Police say 34-year-old Robert Kane began sawing through the front door of Jamie Zaleski's apartment in Scranton while Zaleski and several friends ran out the back.

AP source: Browns to hire Eric Mangini as coach (AP)

AP - The Cleveland Browns have agreed to hire Eric Mangini as their head coach, a person with knowledge of the negotiations told The Associated Press. Mangini, fired last week by the New York Jets, reached an agreement with the club Wednesday, said the person who spoke on condition of anonymity because Mangini's contract has not been finalized.

Budget deficit to hit $1.2 trillion in fiscal 2009 (Reuters)

Reuters - The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters said on Wednesday, the result of an economic recession that has cut tax receipts and caused massive government bailouts of banks and automakers.

Israel pounds Gaza again (Reuters)

Reuters - Israeli aircraft and tanks pounded the Gaza Strip on Wednesday and troops battled Palestinian guerrillas on the ground as U.S. backing for a proposed truce raised expectations of an end to the 12-day-old offensive.

Union gears up for negotiations with GM and Chrysler (Reuters)

Reuters - United Auto Workers bargaining teams are arriving this week in Detroit as the union gears up for negotiations with General Motors Corp and Chrysler LLC, which are mandated to cut labor costs under a $17.4 billion federal bailout.

Senate Democrats move to seat Burris (Reuters)

Reuters - In an abrupt switch, Democratic leaders began talks on Wednesday to swear in Roland Burris, appointed by embattled Illinois Gov. Rod Blagojevich to replace President-elect Barack Obama in the U.S. Senate.

Salmonella outbreak sickens 388 across U.S.: health officials (Reuters)

Reuters - An outbreak of salmonella food poisoning has made 388 people sick across 42 states, sending 18 percent of them to the hospital, U.S. health officials said on Wednesday.

Private job losses mount, ominous for payrolls (Reuters)

Reuters - Job losses and plans to lay off workers hammered the struggling U.S. economy in the final month of 2008, according to private reports that could foreshadow surprisingly grim labor market data from the government on Friday.

Gates says Afghan surge may cost $5.5 billion in fiscal 09 (Reuters)

Reuters - Defense Secretary Robert Gates has told Congress that a planned buildup of U.S. forces in Afghanistan could add $5.5 billion to U.S. war costs in the current federal fiscal year, officials said on Wednesday.

U.S. says Madoff sent diamonds in violation of bail (Reuters)

Reuters - One of the packages accused swindler Bernard Madoff sent in violation of a court order contained about 13 watches, a diamond necklace and other valuables worth more than $1 million, prosecutors said in court papers released on Wednesday.

Israel approves tougher war on Hamas (AFP)

AFP - Israel on Wednesday approved an even tougher war on Hamas, warning residents to flee southern Gaza ahead of planned bombardments of cross-border tunnels, as the Palestinian death toll passed 700.

Kremlin lays down terms as gas crisis engulfs Europe (AFP)

AFP - Russian President Dmitry Medvedev on Wednesday laid down terms for a resumption of Russian gas shipments via Ukraine to Europe as tens of thousands of Europeans suffered heating cuts amid freezing weather.