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.
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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.
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.
Become an eBay Powerseller
As taught by the powersellers!
The eBay powersellers often write how-to guides about how they got where they are right now.
And they often sell them for just a couple of dollars, which is great to just download and check out.
So here are a couple featured, if you're interested:
Fetching new data from eBay now... please stand by
Specific Jargon
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.
Hot Selling eBay Products on the Hidden Web
See what you can find...
Too Much Jargon
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
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Getting Started
By now, you're well prepared for eBay life, and you're probably ready to get started with that first auction.Check out The eBay Marketing Group to learn everything you need to know!
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What You Need to Know BEFORE You Get Started on eBay
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So you've decided that you want to get started as a seller on eBay. There are a few things that you really need to know before you go and throw yourself in at the deep end.
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If you've ever read a Squidoo Lens about eBay Marketing, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay. So... why not you?!
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Staying Out of Trouble with eBay's Listing Policies
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While you can sell most things on eBay, quite a few things are banned. If you try to sell any of these things then eBay will remove your auction and all bids will be void.
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- Jun 12, 2009 @ 2:53 pm
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