Online Auctions at Ebay: The Expert's Guide to Buying and Selling

by
Edition: 3rd
Format: Paperback
Pub. Date: 2003-12-05
Publisher(s): Cengage Learning Ptr
  • Free Shipping Icon

    This Item Qualifies for Free Shipping!*

    *Excludes marketplace orders.

List Price: $19.99

Rent Book

Select for Price
There was a problem. Please try again later.

New Book

We're Sorry
Sold Out

Used Book

We're Sorry
Sold Out

eBook

We're Sorry
Not Available

How Marketplace Works:

  • This item is offered by an independent seller and not shipped from our warehouse
  • Item details like edition and cover design may differ from our description; see seller's comments before ordering.
  • Sellers much confirm and ship within two business days; otherwise, the order will be cancelled and refunded.
  • Marketplace purchases cannot be returned to eCampus.com. Contact the seller directly for inquiries; if no response within two days, contact customer service.
  • Additional shipping costs apply to Marketplace purchases. Review shipping costs at checkout.

Summary

Jump right into the heart of the online phenomenon that is eBay. Sift through eBay’s offerings like a pro as you increase your bidding expertise and seize the items you want while sticking to your budget. Ready to turn the tables and make a profit on eBay? Get the tips you need to make your venture a success—from timing your auctions, understanding product positioning, and taking better photos to tried-and-true techniques for collecting payment, cutting costs, and shipping your goods with ease. The entrepreneurial opportunity you’ve been waiting for is at your fingertips. Online Auctions @ eBay is your guide to making the most of it!

Author Biography

Dennis L. Prince is an online auction enthusiast, analyst, and advocate who has studied the growth and potential of e-commerce since 1995. He has been featured in the nationally distributed Access Magazine and Entrepreneur Magazine. He has been a guest of programs such as TechTV and C/Net Radio

Table of Contents

Introduction xxiii
PART I Tracing the Auction Phenomenon
1(42)
EBay and E-Commerce: How We Got Here and Where We're Going
3(10)
It's a Dog's Life
3(1)
A New Place for Old Junk
4(9)
A Money-Making Venture
6(1)
EBay, This Is Your Life
7(2)
Caught in the Net
9(1)
There Was a Time When I Hated Auctions
10(3)
The Benefits of Auctioning for Buyers and Sellers
13(6)
Birth of a Free and Open Market
14(1)
Finding a Fair and Balanced Market
15(4)
The Buyers Strike Back
16(1)
Defining Your Purpose
17(2)
Entrepreneur Alert! Understanding and Applying the Auction Model to Your Business
19(10)
Why Does Dynamic Pricing Work?
20(1)
The Dynamics of Dynamic Pricing
21(4)
A Fair and Balanced Model?
22(2)
The Secret Ingredient of Auctioning: Private Data
24(1)
Dynamic Domination: Why Has EBay Become and Remained the Biggest Player in Online Auctions?
25(2)
Fixed Versus Dynamic: A New Price War?
27(2)
Security and Privacy in the Cyber-Market
29(14)
A Rogues Gallery of Online Ruses
29(3)
Identity Theft
30(1)
Computer Viruses
30(1)
Spam, Adware, and Spyware
31(1)
Credit Card Fraud
31(1)
Auction Fraud
31(1)
Securing Your Computer
32(3)
Step 1: Secure the Line
32(1)
Step 2: Batten Down Your Browser
33(1)
Step 3: Clear Your Cookies; Erase Your History
34(1)
Establish a Virtual Vigilance
35(2)
Virus Vigilance
35(1)
Update, Update, Update
36(1)
Backup and Disaster Recovery
37(1)
Keeping Spam in the Can
37(1)
Beware the New (Criminal) Kids on the Block
38(4)
Adware, Spyware, and Dialers
39(1)
Spoof! You've Just Been Robbed
40(1)
Can You Spot a Spoof?
40(2)
Is It Safe Yet?
42(1)
PART 2 The EBay Way---Policies, Practices, and Preliminary Steps
43(64)
Seeing the Site, Learning the Rules, and Getting Started
45(16)
EBay Attributes: The Best of the Least
46(1)
The EBay Home Page
46(3)
Basic Site Rules
49(2)
A Deeper Look at the User Agreement
49(1)
Must Be 18 to Play
49(1)
The Fee to Which You Agree
49(1)
A Contract to Transact
49(1)
Don't Monkey with the Mechanism
50(1)
Privacy Policy
50(1)
Restricted Items
50(1)
It's Only a Venue
51(1)
Other Points of Interest Before Proceeding
51(2)
Where to Find Help
52(1)
Getting Registered
53(8)
Creating a User's Account
53(4)
Creating a Seller's Account
57(4)
In Search Of . . . Anything and Everything
61(16)
Browsing the Categories
61(2)
Searches Made Simple
63(8)
The General Search
63(3)
The Refined Search
66(1)
The Advanced Search
67(1)
Searching by Seller
68(1)
Searching by Bidder
69(1)
Searching by Stores
70(1)
The Keys Are in the Keywords
70(1)
Using Superior Search Commands
71(1)
Other Ways to Uncover Hidden Treasures
72(1)
Save Time by Saving Searches
73(1)
The EBay Toolbar
74(3)
Item Details and Bidding Basics
77(12)
Surveying an Item Page
77(4)
A Quick Lesson in Proxy Bidding
81(3)
The Simplicity of Bidding
84(3)
After the Bid
87(2)
E-Motions and Auction Affronts
89(18)
What Are the Other People Like?
90(3)
The New Users
90(1)
The Casual Users
91(1)
The Professional Users
91(1)
The Elite
92(1)
The Not-So-Nice Users
92(1)
The E-Motion Heats Up
93(1)
Personality Swings After the Auction
94(2)
The Euphoric Winner
94(1)
The Disgruntled Loser
95(1)
How Do You Rate?
95(1)
Auction Scams
96(11)
Shill Bidding
96(1)
Bid Shielding
97(1)
Fake Photos and Dishonest Descriptions
98(1)
Final Price Manipulation
99(1)
Inflated Shipping and Handling Costs
99(1)
Failure to Ship Merchandise
100(2)
Selling Fakes and Reproductions
102(1)
Improper Grading Techniques
102(1)
Phony Loss and Damage Claims
103(1)
Switch and Return
104(1)
Misdeed or Mistake?
105(2)
PART 3 Becoming a Savvy Bidder
107(52)
Key to Success: The Educated Bid
109(12)
Understanding Buyers' Motivations: Collectors, Resellers, and Investors
109(2)
Before You Bid
111(6)
Analyzing Item Descriptions
111(1)
Inspecting Item Images
112(2)
Researching a Seller
114(2)
Becoming a Comparison Shopper
116(1)
Knowing When to Buy It Now
117(2)
Fast Sale for Tight Times
117(1)
Fill the Hole, Fast
118(1)
Buy It Below the Market
119(1)
That's a Wrap
119(2)
Mastering the Auction Variations
121(8)
The Ascending-Price Auction
121(1)
Reserve Price Auctions
122(4)
Fixed Price and Buy-It-Now Listings
126(1)
Private Auctions
127(1)
Restricted Access Auctions
128(1)
Expert Bidding Strategies
129(16)
A Quick Recap of the Proxy System
129(1)
The Penny Principle
130(1)
I Snipe; Therefore, I Win
130(6)
Why Snipe?
131(1)
Getting Set to Snipe
132(3)
You Need Not Be Present to Snipe
135(1)
Winning Dutch Auctions
136(3)
Dutch Pricing and the Winner's Circle
136(1)
Bubble Economics
137(1)
Sniping, Dutch Style
138(1)
Yankee Doodle Dupe
139(1)
The Strategy of Not Bidding
139(1)
Additional Strategies That Give You the Edge
140(5)
Dealing with Bidding Rivalries
140(1)
Using Multiple IDs
141(4)
Exercising Control, Imposing Your Will, and Seizing the Moment
145(14)
Resisting Impulse Buys
145(3)
It's All in the Mind, Y'Know
145(1)
Who Says You're an Impulsive Bidder?
145(2)
A Good Defense
147(1)
A Little Help from Your Friends
148(1)
Playing the Waiting Game
148(3)
Easy Payment, Quick Service
149(1)
Track Your Goods
149(1)
How Long Should You Wait?
150(1)
Communicate, Communicate, Communicate!
150(1)
Establishing a Bidding Budget
151(2)
Just Look Away
152(1)
Help Your Hobby Pay For Itself
152(1)
Enjoy What You Have
153(1)
When to Buy (and When to Consider Selling)
153(2)
Recognizing the Best Times to Buy
153(1)
Recognizing the Best Times to Sell
154(1)
Understanding the Elliptical Marketplace
155(2)
What's in the Stream?
155(1)
So How Is This Market Elliptical?
156(1)
Your Personal Power at the Auction Place
157(2)
PART 4 Selling at EBay: For Fun and Profit
159(116)
Immediate Success with Your First Listing
161(20)
First Things First: What Will You List?
161(1)
Using EBay's Single Item Listing Forms
162(12)
Listing at Half.com
174(5)
Less Than Half?
178(1)
Before You List Again
179(2)
Supply, Demand, and Proper Positioning
181(16)
Online Sales Mining
181(4)
Data at Your Fingertips
182(2)
Don't Overlook the Past
184(1)
Counter Culture
184(1)
Mine Your Own Business
185(1)
Item Titles: The Key Is in the Keywords
185(2)
Hit Me
185(1)
Check Your Spelling
186(1)
Don't Get Cute
186(1)
Abbreviated Angst
187(1)
Writing the Perfect Item Description
187(2)
Get the Facts
187(1)
The Hook That Helps
188(1)
Things to Avoid
189(1)
Timing Your Auctions
189(2)
The Long and the Short of It
189(1)
What a Difference a Day Makes
190(1)
Rush Hour
191(1)
Enticing Pricing: Strategies That Work
191(2)
Know Thy Stuff; Know Thy Market
191(1)
How Low Will You Go?
192(1)
Is Higher Better?
192(1)
Reserve Your Right
193(1)
The Art of Product Rotation
193(4)
`Tis the Season
193(1)
Don't Be Afraid to Get Cheap
194(1)
Matchmaker, Matchmaker
194(1)
Getting a Win from a Loss
194(1)
Position, and Then Reposition
195(1)
Learn a Lesson from Your Customers
195(2)
Photo Shop: Images Made Easy
197(12)
Imaging Equipment
197(3)
Digital Cameras
198(1)
Scanners
199(1)
Traditional Cameras
199(1)
Setting Up a Simple Photo Studio
200(3)
Setting the Stage
200(1)
Background Check
200(2)
Light Source
202(1)
Touching Up Your Item Images
203(1)
When Are Touch-Ups Necessary?
203(1)
Picture Im-Perfect: Eight Common Imaging Mistakes to Avoid
204(2)
Image-Editing Tools
206(3)
Fine-Tuning the Fine Details
207(1)
Too Big for Your Bidders?
208(1)
Easy Money: Hassle-Free Payment Collection
209(12)
The Fear Factor: Is Online Payment Safe?
209(1)
The How's and Why's of Online Payment
210(2)
Who's Who in Online Payment Services
212(5)
PayPal (http://www.paypal.com)
212(1)
BidPay (http://www.bidpay.com)
213(2)
Yahoo PayDirect (http://paydirect.yahoo.com)
215(1)
Escrow Services (http://www.escrow.com)
216(1)
Online Merchant Accounts
217(1)
Why Bother with Online Payment?
217(1)
In a Hurry? Buy-It-Now with Pay-It-Now
218(3)
Managing Your Auctions: Sell More, Earn More, Work Less
221(28)
Establishing a Sane Sales Policy
221(8)
Accepted Payment Methods
222(2)
Shipping and Handling
224(2)
Insurance and Tracking
226(1)
Guarantees, Refunds, and Exchanges
227(1)
Summing It All Up
227(1)
Publishing Your Policy
228(1)
Review, Respond, and Revise
228(1)
Establishing an End-of-Auction Routine
229(5)
Buyer Notification and Invoicing
229(3)
Payment Receipt
232(1)
Shipment Notification
233(1)
Receipt Confirmation and Feedback
234(1)
Controlling Costs to Pump Up Profits
234(4)
Controlling EBay Fees
235(3)
Add More and Save More Using HTML
238(2)
Listing More by Doing Less
240(9)
Pack It In: Shipping Like a Pro
249(12)
Setting Up Your Ship Shop
250(3)
Establishing a Supply Room
250(1)
Stocking a Supply Room
251(2)
Organizing a Supply Room
253(1)
Source of Shipping Supplies
253(2)
Packing Protocol
255(2)
Getting Specific: What Are You Shipping?
257(1)
Additional Packing Considerations
258(3)
Shake and Break?
258(1)
Help Fight Wetness
259(1)
Don't Overpack It
259(1)
Seal the Deal
259(1)
Small Touches with Big Impacts
260(1)
Building and Maintaining Your Inventory
261(14)
Reality Check: Know Your Margins
261(2)
Establishing Sources of Inventory
263(4)
A Closer Look at the Inventory You Already Own
267(2)
Reinvestment: Budget and Buy for Resale
269(1)
Tools and Techniques to Keep Track of It All
270(2)
Database Application
270(1)
Inventory Ledger Book
271(1)
Let EBay Keep Track of It All
272(1)
Storage Concerns
272(1)
Rotate Your Stock; Follow the Trends
273(2)
PART 5 Beyond EBay
275(48)
Building a Stellar Online Reputation
277(18)
Building an EBay Feedback Rating
278(4)
The Origin of the Feedback Forum
278(1)
Getting Past the Goose Egg
279(1)
You Can't Win If You Don't Play
280(1)
Don't Be Afraid to Get Suggestive
280(2)
So Much Ado 'Bout Feedback?
282(1)
Mind Your Business
282(6)
Get Noticed
282(2)
Get Knowledgeable
284(1)
Get Committed
284(1)
Get Personal?
285(3)
Serving the Auction Newbie
288(2)
Beware the New Bidder?
289(1)
Making the Grade
290(1)
One Last Look at the Distinctive Differentiators
291(4)
On Becoming a Business
295(10)
Licensed for Business
296(1)
Charging Sales Tax
297(1)
Tax Liability for Online Sales
298(4)
For Fun or Profit?
298(1)
How Big Is Your Business?
299(3)
A Couple More Taxing Matters
302(1)
The Expense Defense
302(1)
Taking Shelter from Taxes
303(1)
Business Insurance and Other Protections
304(1)
Venturing Outside of EBay
305(18)
A Self-Assessment to Determine If You're Ready for the Next Step
305(2)
The Do-It-Yourself Marketing Campaign
307(6)
Creating an EBay Store
307(4)
Considering an Official Web Site?
311(2)
Calling In the Experts
313(1)
Who's Visiting Your Store?
314(3)
Developing a Brand
317(1)
Is Your Web Store Sticky?
318(2)
Keep Them Browsing
319(1)
Keep Your Web Store Current
320(1)
Keep Your Web Store Simple
320(1)
Transforming Customers into Repeat Buyers
320(3)
Little Things That Can Make a Difference
321(1)
Customer Satisfaction: Their Words, Not Yours
322(1)
Appendix A Additional Resources
323(6)
More About EBay and Auctions
323(2)
Books
324(1)
Web Sites
324(1)
Learn More About PCs, Web Browsers, and the Internet
325(1)
Books
325(1)
Web Sites
326(1)
Internet Safety and Good Practices
326(2)
Books
326(1)
Web Sites
327(1)
Building Web Sites with HTML
328(1)
Index 329

An electronic version of this book is available through VitalSource.

This book is viewable on PC, Mac, iPhone, iPad, iPod Touch, and most smartphones.

By purchasing, you will be able to view this book online, as well as download it, for the chosen number of days.

Digital License

You are licensing a digital product for a set duration. Durations are set forth in the product description, with "Lifetime" typically meaning five (5) years of online access and permanent download to a supported device. All licenses are non-transferable.

More details can be found here.

A downloadable version of this book is available through the eCampus Reader or compatible Adobe readers.

Applications are available on iOS, Android, PC, Mac, and Windows Mobile platforms.

Please view the compatibility matrix prior to purchase.