March 29, 2007

Slack Economy Fuels eBay Shopping

      - by Jim Edwards

(c) Jim Edwards - All Rights reserved
    http://www.thenetreporter.com
=====================================

With the current economic outlook appearing fairly bleak for many
individuals and businesses, most feel the need to make every dollar
count.

But, no matter how bad the economy does or doesn’t get for every one
of us, one fact remains a constant of human nature: People love a
bargain! 

This fact came home quite clearly to me last week when I used eBay
to turn an expensive business purchase into an almost guilty buying
pleasure.

I needed to purchase a very specialized piece of equipment for my
home office called a "Mimio Board." It converts a standard "white
board" you draw on with erasable markers into a digital board you
use with your PC. In short, everything you draw on the board shows
up in the computer.

I really wanted this equipment, much like a 5-year old child really
wants a new bike! Unfortunately, a new "Mimio Board" cost $400
minimum. But, unlike the 5-year old who stamps his foot and screams
"no fair", I did something about it. I went to eBay!

I did a quick search for "mimio" in hope of finding a used model at
a reduced price. Much to my surprise I didn’t find a used one, but I
did find a brand new one still in the box and available at over 75%
off!

It seemed such a great deal that I actually felt a bit skeptical and
thought I smelled a "scam." But, like the 5-year old, I really
wanted that bike, I mean "mimio board!"

So I enlisted the aid of a professional "eBay Power Buyer" with many
years’ experience (my wife) to help me evaluate the deal and whether
or not to go for it.

As a veteran of hundreds of successful transactions, she gave me
this eBay buying advice, which I now pass to you, my new bargain
hunting friend:

Check Feedback - Every seller receives public feedback from past
buyers. Carefully check this feedback and pay special attention to
any negative comments. Look for trends and volume of negative
comments. You should avoid sellers with lots of negative feedback,
especially recent bad behavior indicating a decline in service.

Check Descriptions - Carefully read the item description to make
sure it’s exactly what you expect to receive. Look for any
guarantees and always ask the seller questions before bidding. You
can email the seller for a particular auction right from the item
page.

Shipping Charges & Insurance - Before bidding, find out exactly how
much it costs to ship an item to ensure the seller doesn’t inflate
the shipping charges to add profit. Though you must pay for it,
always insist on shipping insurance for one-of-a-kind, fragile or
expensive items.

Payment - Make sure you know how the seller accepts payment and how
it affects product delivery time. Some sellers won’t ship your
product until after your check clears.

Overall, eBay makes a great place to find bargains for both home and
business if you shop carefully and use common sense to avoid any
obvious pitfalls.

—-

Jim Edwards is the co-author of an incredible new ebook that will
teach you how to write and publish your own highly profitable ebook
in a week or less… even if you failed high school English class!

=============================================
Why are some people getting rich selling their ebooks? Jim Edwards
and Joe Vitale have created the *ultimate* guide "How to Write and
Publish your own Outrageously Profitable eBook… in as little as 7
Days!" FREE Details: ==> http://www.7dayebook.com
=============================================

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