o you have trouble wins an auction but does not then
sometimes understanding go on to buy the item.
when people talk about
eBay? Don't worry, some of the PayPal: an electronic payment
jargon is really obscure, and you method accepted by most sellers.
can't be expected to understand
it until someone's told you what Rare: used and abused on eBay,
it means. Here's a little list of now entirely meaningless.
some of the most useful lingo to
know, but you don't need to Reserve: the minimum price the
memorise it - even the most seller will accept for the item.
common jargon is only used
relatively rarely. Shill bid: a fake bid placed by a
seller trying to drive up their
Words. auction's price.
Bid: telling eBay's system the Snail Mail: the post, which is
maximum price you are prepared to obviously very slow compared to
pay for an item. email.
Dutch: an auction where more than Sniping: bidding at the last
one of an item is available. second to win the item before
anyone else can outbid you.
Feedback: positive or negative Abbreviations.
comments left about other users
on eBay. AUD: Australian Dollar. Currency.
Mint: in perfect condition. BIN: Buy it Now. A fixed price
auction.
Non-paying bidder: a bidder who
BNWT: Brand New With Tags. An OB: Original Box. An item that
item that has never been used and has its original box (but might
still has its original tags. have been opened).
BW: Black and White. Used for PM: Priority Mail.
films, photos etc.
PP: Parcel Post.
CONUS: Continental United States.
Generally used by sellers who SH: Shipping and Handling. The
don't want to post things to fees the buyer will pay you for
Alaska or Hawaii. postage.
EUR: Euro. Currency. USD: United States Dollars.
Currency.
FC: First Class. Type of postage.
VGC: Very Good Condition. Not
GBP: Great British Pounds. mint, but close.
Currency.
The chances are that you'll find
HTF: Hard To Find. Not quite as more specific jargon related to
abused as ‘rare', but getting whatever you're selling, but it'd
there. be an impossible task to cover it
all here. If you can't figure one
NIB: New in Box. Never opened, out from your knowledge of the
still in its original box. subject, then type the term into
a search engine, followed by the
NR: No Reserve. An item where the word ‘ebay'. The chances are
seller has not set a reserve that someone, somewhere will have
price. seen fit to explain it.
While it's good to be able to auction.
understand others' jargon, avoid
using it unless you really need By now, you're well prepared for
to (for example, if you run out eBay life, and you're probably
of space in an item's title). ready to get started with that
Many people on eBay are not first auction. In the next email,
experienced buyers and you will we'll show you how to dive in and
lose them if you write a load of get started.
gobbledegook all over your
About the Author:
Kirsten Hawkins is an Ebay and internet auction enthusiast from Nashville, TN. Visit http://www.auctionseller411.com/ for more great tips on how to make the most from Ebay and other online auctions.
Read more articles by:
Kirsten Hawkins
Article Source: www.iSnare.com
