Three tips to save Money at Auction Websites like Ebay

Auctions websites can be fun to buy at. Although, if you are ignorant of the tricks of the trade, you might miss out on the great money saving opportunities therein. It isn’t difficult to win bargains at websites like eBay, if you know the right cards to play, and exactly when to play them.

If you end up winning the equipment needed, your savings will be definite. And, if you do it right, there will be nothing unobtainable from these sites; only be sure to keep at it. Be persistent.

Top tips to help you save Money on Auction Sites like eBay

1. Have an eye on other people’s deals

Search for going rates on deals similar to those you are hoping to make. It is important for you to have fair knowledge of rates which have won previous auctions.

You can see this information by selecting sold listings through the advanced search engine in the upper right hand corner of the website. From there, you may freely search as you will. You’ll soon see a list composed of auctions with winning bids. Construe what you deem necessary and develop a personal system.

Another important thing to keep in mind is to buy bulky objects from the range of collection only. Most instances, sellers selling items such as furniture or sets of any product, list them in this category.

You can hit great bargains with a very low level of competition, if you buy items from the collection only section. Set your advanced settings then, and see what you get.

2. Spelling blunders and bargains

Many times, sellers carelessly post listings on auction websites that contain errors in spelling. Consequently, these items are not shown in the general lists of particular searched items. Thus, they attract less views, and, in turn, less bids.

You have a greater chance to get a deal when you take advantage of these spelling blunders. Using virtual tools like fat fingers, or any other, will give you a better idea of the amount of misspelled listings.

It is not only incorrectly spelled word you will find, but you will catch a lot of other goof ups as well. There are some sellers who forget to mention necessary details about their products; they leave out things like brand, size, or even dimensions. These might be putting off a lot of buyers from their range of audience.

The best option here would be to contact the seller yourself, gather the necessary information, and place your bid at a good bargain.

Also, blocking sellers from being able to modify or update information given can be used as a sneaky little trick. Remember to do this directly, instead of carrying it out through listings. Asking anything through listings will attract more visibility.

3. See what others do not

With the expectations of bids galore, sellers initiate their auctions at low prices such as 99 pence or less. They feel this could be a trick to grab the attention of the buyers.

However, this trick doesn’t always produce the results they desire. They end up receiving few bids, or no none at all. You can use websites that filter out scheduled auctions according to their ending phase, and also the ones that have tags less than or equal to £1. There are websites that search auctions according to their last phase, and have received zero bids.

But, while you may succeed in buying an item at a low price, do not forget to check out the packaging and postage pricings. Some sellers try and earn from these charges; they attract customers with low costs.

There are times when you may lose a product due to a bid being placed at the last minute before (this is commonly referred to as sniping). By this you may become fed up and tempted to quit. To help you conquer this, there are special tools for sniping, which are designed to automatically place bids a few moments before closure, leaving no room for other buyers to win. Many of these, like Gixen, are free of cost.

Take heed, limitations with these sniping tools lies in the loss of your eBay credentials being seen. It is sort of a security risk you will be taking. Otherwise, you can take a look at other auction sites that do not require such.

4. Try Niche Auction Sites

Niche auction sites are sites that specialize in one type of merchandise unlike eBay which basically has everything. There are sites out there that specialize in construction equipment and big trucks like equifyauctions.com or those that specialize in antiques or even comic books. Check out what you are looking for and you might just find a site dedicated to the items you are looking for and often they have better deals as there are not as many people that go to those sites.

Have you tried this way of buying? Let us know in the comments below!

This article does not necessarily reflect the opinions of the editors or management of EconoTimes