Hello Everyone. In my last blog post I discussed some techniques for making best offers on eBay items. If you missed that one, you can read it here: 5 Secrets to Making Winning Offers.
Beginning May 1, 2013, eBay has made some major changes to the way the Best Offer feature works and how Buy It Now purchases are made. These changes are now in effect in the Computers & Tablets, Jewelry & Watches, and Art categories, but will be applied to all categories by the end of the year. Here are the major changes.
Buy It Now and the Shopping Cart
When you purchase an item, it will be saved in your shopping cart until you pay for the item. While it is in the shopping cart, that item will still be available for other buyers to purchase. If you want an item to be yours, you’ll need to pay for it right away. If you need to discuss shipping discounts for multiple items, it’s best to do that before you purchase. Once the shipping amount is determined, purchase the items and request an invoice from the seller right away so you can pay immediately.
Offers Not Final Till Paid
When you make an offer and your offer is accepted, the item still remains available for sale until you pay for it. Another buyer could come in with a better offer and purchase the item, which will then be removed from your shopping cart.
eBay now allows multiple offers to be made on items. Similar to bidding on an auction, when more than one buyer makes an offer, the seller has the choice of which offer they will accept. However, even after the offer is accepted, until payment is received, the item is still available for sale and another buyer could come in and make a better offer or purchase the item at full price.
Your Best Strategy
As mentioned in my last newsletter, it’s best to make your best offer first. Many sellers have settings in place that automatically accept offers that meet their minimum price. If you reach that price, your offer is automatically accepted and you can pay immediately and have your item shipped asap, without having to wait around for the seller to negotiate a price with you.
I hope you found these Best Offer tips helpful. If you have any questions about using the eBay’s new Buy It Now, Shopping Cart, or Best Offer features, please feel free to contact me or comment on this post.
Good luck with your offers, Christine 🙂