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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.

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TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Fri. September / 21 / 2018

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Hindalco keeps watch on input prices, secures 3.2 mt coal in linkage auctions - CNBCTV18

CNBCTV18

Hindalco keeps watch on input prices, secures 3.2 mt coal in linkage auctions
CNBCTV18
auctions, which makes up 71 percent of its annual coal requirements, a top company official said. "We will continue to keep a close watch on input prices. These have a bearing on the cost of production, including that of coal. We will make efforts to ...

and more »

Hindalco Keeps Watch on Input Prices, Secures 3.2 Mt Coal in Linkage Auctions - LatestLY

Hindalco Keeps Watch on Input Prices, Secures 3.2 Mt Coal in Linkage Auctions
LatestLY
Mumbai, Sep 21 (PTI) Aditya Birla group flagship company Hindalco is keeping close watch on input prices and has secured around 3.2 million tonnes of coal in the linkage auctions, which makes up 71 per cent of its annual coal requirements, a top ...

and more »

Hindalco keeps watch on input prices, secures 3.2 mt coal in linkage auctions - India.com News

Hindalco keeps watch on input prices, secures 3.2 mt coal in linkage auctions
India.com News
Mumbai, Sep 21 (PTI) Aditya Birla group flagship company Hindalco is keeping close watch on input prices and has secured around 3.2 million tonnes of coal in the linkage auctions, which makes up 71 per cent of its annual coal requirements, a top ...

and more »

$1B sale, 0 bids: Highs and lows of BLM Sept. lease auctions - E&E News

E&E News

$1B sale, 0 bids: Highs and lows of BLM Sept. lease auctions
E&E News
A lease sale in Nevada this month spurred a rare kumbayah moment between an oil and gas industry association and a public lands advocacy group. The Bureau of Land Management's Sept. 11 auction of 295,174 acres in the Silver State drew zero bids, ...


The spring weather is starting to warm up the bidding in the auction rooms - Interest.co.nz

Interest.co.nz

The spring weather is starting to warm up the bidding in the auction rooms
Interest.co.nz
Things are warming up in Bayleys' auction rooms, with the sales rate at the agency's latest residential auctions edging above 50%. Bayleys auctioned 33 residential properties across Auckland, Hamilton, Tauranga and Rotorua over the last week and ...


Art World's Newest Star Sees Her Paintings Sell for $3 Million. Can She Hold On? - Wall Street Journal

Wall Street Journal

Art World's Newest Star Sees Her Paintings Sell for $3 Million. Can She Hold On?
Wall Street Journal
And then there are artists who have all but disappeared from rotation in major auction catalogs after enjoying a few seasons of ubiquity. “A lot of people in the art business get young artists and just wreck them—they ruin them,” said Randall Exon, a ...


Farmers Arms Hotel in Beeac helping lonely hearts find love with bachelor and bachelorette auctions - Geelong Advertiser

Geelong Advertiser

Farmers Arms Hotel in Beeac helping lonely hearts find love with bachelor and bachelorette auctions
Geelong Advertiser
One of the region's eligible bachelors up for auction from 6pm on Saturday, October 13, is merino sheep farmer Bill Alston. When not tending to his 6500-acre Beeac farm, Bill enjoys a hit of tennis and having a laugh – but has not had a girlfriend in ...

and more »

Farmers Arms Hotel in Beeac helping lonely hearts find love with bachelor and bachelorette auctions - The Cairns Post

Farmers Arms Hotel in Beeac helping lonely hearts find love with bachelor and bachelorette auctions
The Cairns Post
One of the region's eligible bachelors up for auction from 6pm on Saturday, October 13, is merino sheep farmer Bill Alston. When not tending to his 6500-acre Beeac farm, Bill enjoys a hit of tennis and having a laugh – but has not had a girlfriend in ...


Game Theory Part of the Art of the Sky Deal - Wall Street Journal

Wall Street Journal

Game Theory Part of the Art of the Sky Deal
Wall Street Journal
Blind-auction strategy is complex, as each side tries to figure out how much it needs to pay to win while trying to avoid overspending. It has fostered a cottage industry of auction consultants, many of whom hold doctorates in game theory, a branch of ...
Premarket Stock Trading - CNNMoneyCNN Money
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Car auctions could be the secret to hitting September targets - Business Up North

Business Up North

Car auctions could be the secret to hitting September targets
Business Up North
But, I believe auctions are an ideal place to source fresh stock for forecourts, and really drive sales forward. The demand for used cars is clearly up and sellers need to act quickly to capitalise on this. Some franchised dealers have even resorted to ...

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