By : Admin

eBay Inc. is the world’s well-known online marketplace where huge number of buyers and sellers could trade for almost anything. It is the worlds biggest shopping and auction site. eBay recently has acquired famous entities like PayPal, Skype and many others. since eBay’s founding in 1995 it has become the world’s largest place to buy and sell, a community of hundreds of millions of regular people, small businesses, and even big businesses from all over the world.

Such big websites always make sure that people do not loose their trust in them. For this purpose, time to time, they draft many policies to encourage financial transactions for products and on line markets usually function by the principle that people can trust each other. However, sometimes it becomes really difficult to combat fraud and eBay is not an exception to this, as it can not check and verify each and every listing to make sure they are valid. Here are some steps for a more protected buying system on eBay.

• It is always safer to check the product and the seller before the transaction. Make sure that you cross check before the bis every time. A few minutes of precaution (careful reading of products description and buyer’s details) will save your energy and money.

• Do not get fascinated by the advertisements as they generally exaggerate the product. There are a number of great deals available on eBay, but make sure that they are real. Compare the price of the product with that in your local market and be cautious at the time of bidding.

• Do not forget to review the details about payment beforehand. Make sure that you have inquired properly about the shipping charges and refund policies. Also, do not overlook the warranty clause.

• Make sure that you do not forget to compare the original product with the photo so that you do not loose on the smallest details. This will save your from scams and dishonest transaction. Also, make sure that you are not buying an overpriced item.

• It will be better if you could contact the seller directly, either through e-mail or over phone. Also, make sure that you grab details about accessories well in advance.

Try to imbibe the above mentioned practices in your eBay transaction and you will be then saved from fraud. eBay is a place to shop, a place to collect and moreover, its free for buyers and inexpensive for sellers. Trading on eBay is easy and it’s fun! Best of all, you’ll never know what you can find! A little awareness can save you from big losses in terms of energy and money.

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By : Admin

Some eBay sellers achieve amazing success just days after they first start their business there. Others struggle for months and can’t get anything right. As in any business, eBay listings demand a certain level of skill and experience in order to produce good results. Here are some tips that will improve your listings and help you generate more profit.

Things to do:

• Do your homework. Research eBay before you place your listings. Information is essential - find out everything you can about pricing policies, competitors, buying habits, etc.

• You probably already know that a good title, accompanied by a precise and detailed product description will maximize your listing’s impact. Also add a picture in the equation to make the selling power grow even more.

• Offer as many payment options as possible. The wider the variety of payment types that you accept the less chances of scaring away potential buyers!

• Positive feedback from previous buyers can make all your offers more attractive. You will have to work you way up and become a top eBay seller. From that position you will notice more buyers bidding on your products and an increase in the prices they offer.

• Be professional and treat your buyers with respect and courtesy. Not only will they come back willing to bid even higher prices for your products but they will also spread the word among their friends.

There are some frequent mistakes, which keep some sellers in the gutter for long periods of time. Most of them could be easily avoided by using some common sense, but many sellers don’t take enough time to review their strategies and possibly improve them.

Things to avoid:

• Don’t use negative terms in your titles and descriptions.

• Never use “as is” in your offer, as this gives buyers feelings of incertitude and discourages them to buy from you.

• Don’t delay shipping your products as this will upset customers and they will bring negative comments regarding your business.

• Don’t immediately leave negative feedback for a bidder that did not pay right away.

• Don’t dismiss international buyers.

• Keep your listing visible. Don’t overcrowd it visually and don’t use a colored background for your text that will interfere with text visibility.

• Don’t time your listings so that they interfere or expire during major events, such as holidays.

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By : Nidhi Gupta

Paypal has launched a product aimed at helping small and medium businesses accept online payments securely and cost-effectively.

The Website Payments Pro product is the first non-hosted payment suite from Paypal, a subsidiary of online auction giant eBay. It includes Express Checkout, Direct Payment API and Virtual Terminal functions, so firms can let shoppers choose how to pay for their purchases.

The Direct Payment API lets businesses accept credit or debit card payments. Buyers enter card details directly on the website of the business and payments are processed through Paypal.

Customers can also pay for their goods using Paypal’s Express Checkout, removing the need to re-enter billing or delivery information with every purchase. Buyers can use any major credit or debit card, bank account or Paypal account balance.

The Virtual Terminal allows businesses to accept orders offline via phone, fax or mail and then enter the details online so the transaction is processed by Paypal.

Companies can include their own branding on the checkout process web pages and can direct buyers back to their websites to continue shopping after payments are completed.

Carl-Olav Scheible, general manager of merchant services at Paypal said the product was developed to meet the needs of businesses that wanted the benefits of Paypal, combined with those of a merchant account and gateway.

But Paypal users have been heavily targeted by criminal phishing scams. Last July, security firm Sophos revealed that 54 percent of the phishing emails received by its threat analysis centres were aimed at stealing log-in and other details from Paypal users.

Pricing for Website Payments Pro includes a monthly fee and a rate per transaction.

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