Have you ever wondered how people get such great deals on ebay? They seem to have designer bags, fabulous sunglasses, and the cutest clothes, yet you never seem to have the luck that they do.
Here’s the thing: It’s not luck.
I’ve written before how to successfully sell on e-bay. I’ve also told you how to wheel and deal on e-bay, but that post really discussed auctions with the “make an offer” function (my personal favorite).
The thing is, if you really want the high-end goods, you’re going to have to bid.
But you need to think through some things first.
1. Ask yourself how this item will enhance your life. This will determine how high you will bid. I’m a huge proponent of always weighing needs vs. wants. Every label that I own has come to live in my closet at a fraction of the original price. It’s ridiculous to me to pay full price for anything. In my mind, everything can be talked down. If a million dollars dropped magically in my bank account tomorrow, I’d still be haggling with people and calling around for the best prices. I just think it’s fun. I may have a problem – at least The Hubs thinks so.
2. Search for used items. I understand that some people might not want to wear used clothes and shoes, but things like electronics, e-readers, ipods, watches, jewelry, etc. hardly show wear and tear if they are taken care of. It’s kind of like buying a used car. Once the dealer fixes it up, you can hardly tell it’s been driven. The same applies to many types of merchandise. Just make sure everything you buy on ebay allows returns.
3. Have patience. You never know when an item will pop up. Ebay is super cool like that. Sometimes, I keep an eye out for a product for months before I buy it.
4. Once you find the item you want, do not bid until 1 minute or even better, until 30 seconds is left on the clock. I’m serious. Do not drive up that bid any more than you have to. When you see the clock hit 1 minute, enter the absolute highest you are willing to pay for the item into the “max bid” section and no more. The computer will automatically bid up for you. May the best man or woman win.
5. Communicate with the seller if you lose. You have no clue what they have up their sleeve. They could have the exact same item in their inventory ready to post the next day. You never know until you ask.