Learning the eBay "Lingo".
Do you have trouble sometimes understanding when people talk about eBay? Don't worry, some of the jargon is really obscure, and you can't be expected to understand it until someone's told you what it means. Here's a little list of some of the most useful lingo to know, but you don't need to memorise it - even the most common jargon is only used relatively rarely.
Words.
Bid: telling eBay's system the maximum price you are prepared to pay for an item.
Dutch: an auction where more than one of an item is available.
Feedback: positive or negative comments left about other users on eBay.
Mint: in perfect condition.
Non-paying bidder: a bidder who wins an auction but does not then go on to buy the item.
PayPal: an electronic payment method accepted by most sellers.
Rare: used and abused on eBay, now entirely meaningless.
Reserve: the minimum price the seller will accept for the item.
Shill bid: a fake bid placed by a seller trying to drive up their auction's price.
Snail Mail: the post, which is obviously very slow compared to email.
Sniping: bidding at the last second to win the item before anyone else can outbid you.
Abbreviations.
AUD: Australian Dollar. Currency.
BIN: Buy it Now. A fixed price auction.
BNWT: Brand New With Tags. An item that has never been used and still has its original tags.
BW: Black and White. Used for films, photos etc.
CONUS: Continental United States. Generally used by
sellers who don't want to post things to Alaska or Hawaii.
EUR: Euro. Currency.
FC: First Class. Type of postage.
GBP: Great British Pounds. Currency.
HTF: Hard To Find. Not quite as abused as 'rare', but getting there.
NIB: New in Box. Never opened, still in its original box.
NR: No Reserve. An item where the seller has not set a reserve price.
OB: Original Box. An item that has its original box (but might have been opened).
PM: Priority Mail.
PP: Parcel Post.
SH: Shipping and Handling. The fees the buyer will pay you for postage.
USD: United States Dollars. Currency.
VGC: Very Good Condition. Not mint, but close.
The chances are that you'll find more specific jargon related to whatever you're selling, but it'd be an impossible task to cover it all here. If you can't figure one out from your knowledge of the subject, then type the term into a search engine, followed by the word 'ebay'. The chances are that someone, somewhere will have seen fit to explain it.
While it's good to be able to understand others' jargon, avoid using it unless you really need to (for example, if you run out of space in an item's title). Many people on eBay are not experienced buyers and you will lose them if you write a load of gobbledegook all over your auction.
By now, you're well prepared for eBay life, and you're probably ready to get started with that first auction. In the next email, we'll show you how to dive in and get started.
Terms of Use for this Private Label Article
Possibly Related PLR Articles:
Keyword Research That Works
On the internet, keywords are terms or words that
relate to particular topics. Keyword research will
involve various aspects, such as finding sales
oriented keywords or driving maximum qualified
users to increase their online sales.
...read more
What Works & What Doesn't in Viral Marketing
Stop with the enforced e-mail forwards already! Trying to force or bribe people to forward your info to a friends or family in order to be rewarded or win looks skanky in today's ultra-permission-based world. Especially when you tell visitors...read more
Leo
Leos (July 23 to August 22) are among the kings of the zodiac. They are generous and warm-hearted, creative, faithful and loving. They can be prideful and dominant, however. In Greek mythology, Leo was the lion that was killed by Hercules as the...read more
Resume tips for health care professionals
As a health care professional, creating a resume for your field is somewhat different that all other corporate professional resumes. There are certain elements of professional experience and education that play a significant part in the health care...read more
Chase.com credit card
Online credit card applications seem to be the in thing and Chase too offers online credit card application facility. Here, 'Chase.com credit cards' refers to the chase credit cards that can be applied for online. Just for those who don't know,...read more
Facts About Acid Reflux Treatment
Man can't possibly live without food, which is a true and a proven fact. Food provides the body with all the needed nutrients and energy for a man to do all his daily activities.
People know that the digestive system, particularly the stomach,...read more
James Stewart: A Well Known Championship Supercross Rider
Are you a fan of supercross motorcycle racing? If so, there is a chance that you have heard of Ricky Carmichael and Jeremy McGrath. What about James Stewart? If you were paying attention to the 2006 supercross motorcycle racing season, there is a...read more
How to Choose Bathroom Accessories for Large Rooms
If you have a large bathroom, choosing accessories requires a bit more detail. If the spacing is permitting, or large you want to consider possible construction, such as back-to-back small areas and larger spacing. Plumbing is essential as well,...read more
8 Ways To Incorporate Entertainment Elements Into Your Events Without Spending A Bomb!
to incorporate entertainment into the event without spending a bomb by following some of the following tips. These tips should be helpful to either help generate your own money saving ideas or they might be the solution that you seek.
The...read more
Don't Get Caught With Google Adsense Click Fraud
Many web site owners are getting their Google Adsense account terminated when they have done nothing wrong to deserve the punishment. Considering the money that they are getting from Adsense, they would certainly want to get back into it.
...read more