Online Auctions: 10 Secrets You Should Know Before Bidding

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Yes! You know many online auction sites.

‘Course you may have participated in some of the biddings.

The next time you decide to bid for a product or a service, do remember these vital online auctions secrets and tips.

1:Important to know the value of the product you plan to bid. Product is new? Check the price retailers are charging for it. It helps in two ways, you’ll know the original cost and helps you to pay way less than the retail value, if it is old or re-conditioned.

2:To ensure that you get a good product, get the complete information and picture of the product from merchant, if the details are incomplete on the site.

3:Decide your maximum paying limit and stick to it lest you may end up caught in the ‘bid war’ and end up paying more than the actual cost.

4:It is always good to check a few auction sites for you may find the same product at a much lesser price in some unpopular sites simple because of the fewer number of buyers in those sites.

5:Make a note of the auction begin and end time. And the shipping time as well. This helps you to calculate the time when you want the product at a...

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