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eBay Glossary - Definitions of Terms - A through F

by: roadsideimports( 1595Feedback score is 1000 to 4,999) Top 1000 Reviewer
12 out of 14 people found this guide helpful.


About me: An eBay page that you create for free to tell your customers about your merchandise and selling terms and conditions

Account status: A running list of your Seller's Account activity and information, including fees, payments, refunds, fee credits and your current balance

Advanced search: A link to a search form on top of every eBay page. You can search for items by seller, item number, titles and descriptions, and search completed listings.

Announcements board: A special online bulletin board where eBay posts timely information and updates; regular eBay users should check this board daily.

Auction-style listing: A typical auction-style listing works this way: The seller offers one or more items and sets a starting price; buyers visit the listing and bid on the item during the online auction's duration; when the auction-style listing ends, the high bidder (or bidders) buys the item from the seller for the high bid.

Average selling price (asp): The average price for all items sold during a particular time frame, usually calculated for a specific category or a single seller's sales

Best offer: Allows sellers to receive price-based offers from buyers that may be accepted at the seller's discretion. The feature is available for listings in the Fixed-Price format, and once the price is accepted by the seller, the listing immediately closes. Each Best Offer is binding, just like a bid, and is good for 48 hours.

Bid: The amount a buyer is willing to spend on an item for sale in an auction-style listing. Commonly referred to as a maximum bid, you enter this in the "Bid Amount" box in the item listing. By doing so, you commit to buy an item if you are the winning bidder.

Bid cancellation: The cancellation of a bid by a buyer or a seller

Bid history: The bid history is a link within the seller's item listing or "My eBay" page that shows all the bids placed on a seller's item in an auction-style listing. It will show User ID, bid amount and time of bid.

Bid increment: The amount by which a bid is increased each time the current bid is outdone

Bid retraction: The withdrawal of a bid; bid retractions are rarely allowed on eBay.

Bidder search: A search for all the items on which a particular user has placed bids

Bidding: The act of placing a bid on a listed item

Buy it now (bin): An option for buyers and sellers to sell or purchase at a fixed price. This type of listing offers buyers a chance to buy an item without bidding. It can be offered within an auction-style listing as an alternative to bidding, or by itself in a Fixed-Price listing.

Certified solution provider: Third-party software developers that have met specific criteria and compliance standards set by eBay

Chat rooms: A casual setting within the eBay Community where users can talk with each other online

Closed item listing: Notes a listing that has ended. If the item sold, there is important information (also found in My eBay) about payments, shipping and the buyer.

Commit to buy: A commitment by the buyer to pay for the item (should the buyer win it)

Community: eBay's term for its members; also a place on eBay where users can chat. Areas include discussion boards, groups, Answer Center and chat rooms.

Completed listings search: Information on items whose listings have ended in the last few weeks, accessible through the "Advanced Search" page

Confirmed address: An address verified by PayPal as the credit card holder's billing address

Discussion boards: Part of the eBay Community section where users can discuss any eBay-related topic with other members via posting

Drop-shipping: A type of retailing where the eBay seller does not keep goods in stock but instead passes the customer's order and shipment details to the wholesaler, who then dispatches the goods to the customer directly. The retailer makes their profit on the difference between the wholesale and retail price.

Dutch auction: When a seller has two or more identical items offered in the same auction-style listing; also known as a Multiple Item Auction

eBay affiliate program: Pays internet publishers, webmasters and other online partners to drive new users to eBay. Affiliates promote eBay with banners, text links and other innovative tools, such as the Editor Kit and the Flexible Destination Tool. In return, they receive commissions.

eBay motors: Section specially designed for selling cars, trucks, motorcycles, and parts and accessories

eBay shipping calculator: Inserts a calculator into a seller's listing that will tell buyers how much shipping will cost them, based on criteria set by the seller

eBay stores: Venue to sell add-ons and deep inventory from a seller's own store

eBay toolbar: A downloadable tool for your web browser so you can keep track of your items at a glance and protect your account

eBay university: Instructor-led courses taught by eBay experts in major cities around the country instructing people how to sell on eBay

Education specialist program: Allows eBay users to teach others how to sell on eBay using eBay University materials

Featured listing: A marketing service provided by eBay that gives listings extra exposure in the "Featured" sections at the top of listings pages

Feedback: For each transaction, the buyer and seller are allowed to rate each other by leaving feedback. Each feedback item consists of a rating (positive, negative or neutral) and a short comment. These ratings are used to determine individual member profiles. Feedback can be viewed by other members to check on the reputation of a potential trading partner.

Feedback forum: Place where you leave or check a user's feedback

Final value fee (fvf): Percentage of an item's selling price that is paid to eBay

Final value fee credit: Under certain circumstances, sellers may request a Final Value Fee Credit. For example, sellers can request full credit if a buyer backed out and did not pay for the item.

Fixed price: Sets the price for selling one or more items instantly

Flat shipping rate: A flat rate sellers charge for an item no matter where the buyer lives (as opposed to calculating shipping costs). By providing a flat shipping rate, sellers may offer discounts on shipping when multiple items are purchased.

Formats: eBay offers a variety of selling formats, such as auction-style and Fixed-Price, to help sellers have the most successful listings possible.
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Alright lets get down to the real deal now


As a buyer Google products & use a real online stores & use your credit card so you are protected from fraud.

Most people use ebay and get excited because they are bidding on items, its a rush huh.
Price watch things and see how cheap you can find it online at a real store with real protection from fraud.
Then make your comparison to the crap ebay sells and you will see it is overpriced.

Here is a great loophole in eBay and Paypal if the Seller is mal informed.
And don't you make this mistake if you want to sell items.

If a buyer purchases on item on ebay and has it shipped out to them, Paypal and Bidpay both require a tracking number and signature upon delivery otherwise the seller is not protected from fraud.

So if you are a stupid seller and send the item out in regular mail or you have it shipped and not require a signature then a buyer can simply claim he/she never received the item and Paypal & Bidpay alike will refund the money to this buyer.

If you mail things out to an unconfirmed address with Paypal or mail and item to a different address under Bidpay it will also not be covered even if you get tracking numbers and require a signature.

Crazy stuff huh.

So as a buyer you can defraud sellers for sending items without proof of signature and tracking numbers or if they do send it correctly to an unconfirmed address.  All you have to do is file the claim and you can defraud sellers all day long with this system.  So if you plan to sell items don't be stupid.

Have you ever wondered why shipping is so much on ebay?

Well, now you know that it is because of the shipping requirement.  So if you go online to a store then you can have it sent out cheaper and wow you are protected from fraud by your credit card.  So do the math you pay more on eBay.

But if you don't believe in Karma and find an ignorant seller then it might just be free stuff for you on eBay.

Here are some good laughs for everyone

Google:   ebay sucks
Read some blogs and laugh at how crappy this auction service is from real users

Guide ID: 10000000001666745Guide created: 08/25/06 (updated 10/09/08)

 
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