Wednesday, November 19, 2008

#43: Buying & Selling Online

The internet has a special place in my heart. From peoples crazy antics, buying and selling online, web content and even down to those annoying banner ads.

If you've never tried to buy anything online you should give it a go. Alot of first time buyers are wary that they can be easily ripped off because of horror stories. The unknown is always feared and when you can't see who you are selling to then it makes it harder for a first time buyer.

This is why there are several reputable online retailers that you can shop at. Ebay is one of the biggest "auction" website you can shop at. Items are sold by online auction sellers and even reputable brick and mortar stores. You "search" from anything to video games systems to "Alaskan real moose poop earrings".

Then you can further refine your results by the time left and amount. Then you can bid on a item and if you have the highest bid for the item when time runs out then you've won. Then it's the matter of having to pay for it. It's pretty easy and selling is also as easy.

Sellers are rated on a system when you can pick a favorable or unfavorable feedback that goes to his lifetime feedback percentage. The higher the percentage the better and less unhappy customers he's had. A seller with a really low percentage is one to be avoided since you may or may not get the item in working condition. Also buying from a seller that hasn't sold or has sold only a few items is also a risk. He may have a real good percentage but he's not established and can still be a risk to you if you do buy from him.

When eBay works it's quite an easy place to buy items.

Now that you've picked an item to buy on ebay how do you pay. Again beign a first time buyer on the internet you may not want to give out your credit card information to faceless people on the internet. Well no fear there is a program called Paypal. It's basically the middle man between you and the seller online.

You register an online account and type in either a credit card of bank account information. They don't give out any of your information and they're also a place where you can complain and have action taken on a sellers account in case the seller doesn't want to help you.

It's pretty safe but like anything online you always have to be carefule. In case you receive any e-mail that your account will be suspended in case you don't visit the link they send you go directly to the website. Meaning type it in because the linked website may be a phished webpage. It's a look alike that gathers your information and may ask you information as a pin number or even social security number. Make sure you report this to the paypal fraud team and they can help bring the webpage down.

Usually by being safe and knowing what you're doing you can find old nostalgic items to a really cheap pair of shoes.

No comments: