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The auction websites have different business models but at the core they rely  on certain aspects which need to be addressed if you want to use them either as  seller or buyer.

No matter what auction site you will use, the reality is that you will need a  payment processor to receive or send payments. Also you will have to know what  kind of products to sell, how to present them, to market and also to answer  questions you will receive from your regular or potential customers.

Also you will have to understand that it is important that the product  description and pictures to match the actual product, otherwise you will deal  will lots of refunds and your reputation will suffer.

An issue to be addressed is the customers service. If it will take you too  long to send an answer to a client it is possible that he or she will choose to  buy from somewhere else. In these fast technology years people change very fast  their decisions and expect to have reactions from companies with the speed of  light if possible.

The auction websites are also great ways to sell and buy services using  either fixed price or auction style. You know, there are many people who like to  negotiate, it is in their way of being so a fixed price will not be appealing  from the start to take into consideration.

After analysing the biggest players in the international market I came up  with 18 steps to understand the auctions sites in general and eBay in  particular:

1. Register for a payment account; 2. Setup the auction page; 3. Link  the payment and auction accounts; 4. Assess the listing fees; 5. Check if  the products you sell are allowed or not; 6. Leverage the power of the help  pages including questions posted by other users; 7. The importance of  customer feedback and reputation; 8. How to use an auction style listing and  when you should use it; 9. When and why to use a fixed price listing; 10.  Multiple item listings, classified ads, what is a reserve price; 11. How to  search for items to buy; 12. Why it is important to know how to leave  feedback for the seller? 13. One account or multiple accounts, which is the  best strategy? 14. Learn how to list an auction step by step; 15.  Invoicing a customer; 16. Understanding the shipping process; 17. Feedback  for the buyer; 18. How to notify a customer for product shipment.

Next, for becoming a savvy eBay user especially to sell things and to start a  business on this great auction site, we've prepared a series of 28 videos which  will take you by the hand and show you how can be extremely successful. http://www.ebayvideotutorials.us/ is a fantastic video  training package, a business in the box which will allow to to become an eBay  expert in the shortest amount of time humanly possible. Also, for the reliable  and affordable webhosting services please review the offer of Crystal Media  Hosting http://www.crystalmedia.ro.

 

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