Important Tools for eBay Buyers and Sellers

By Marsha Collier

You might think that you already know everything about eBay and the services you can use to win or list your desired item, but there are a few other platforms to make your life easier on the site as a buyer … and as a seller.

Sniping with BidRobot

When it comes to buying fixed-price items on eBay, there’s really no magic formula other than knowing how to use eBay’s search. But what about auctions? There is very little more frustrating than losing an auction by a dollar or so. Consider sniping. To snipe at an auction (metaphorically speaking), you lie in wait and catch the competition off-guard.

Sniping is a great way to win an auction. It makes the entire auction experience even more entertaining.

There are quite a few auction sniping services on the web. BidRobot.com is a good choice because you can quickly get responses to questions and queries.

When you find an auction that you’re serious about, go to the BidRobot website, log in, and place your future snipe bids. All you have to do is type the item number and your high bid, and that’s it. BidRobot will do your bidding for you.

BidRobot
You can use BidRobot whenever you need to absolutely, positively win an item!

It’s easy to use BidRobot to snipe single auctions. For single auctions, just type the item number and bid by using only the yellow top section under the BidForm title. You can ignore the entry forms in all other sections.

But what happens when you find that a bunch of sellers have auctions for the same item at low bid amounts? You’d like to take a chance on each item — and only win one. That’s where the BidGroups feature comes into play. It will allow you to bid on multiple eBay auctions for the same type of item. When you win any one auction that you’ve put into a BidGroup, BidRobot cancels the remaining bids in that specific group automatically.

BidRobot’s services are reasonably priced, based on the amount of time that you want to use the service. BidRobot has placed bids for hundreds of thousands of eBay users since 1998! You pay a flat rate for all the snipes you can handle. You don’t pay any extra charges for the service. For a free trial, visit BidRobot’s website.

eBay fee calculators

Prior to listing anything on eBay, you should run the numbers through a fee calculator. Knowing your fees and expenses ahead of time is a best practice that leads to profitable sales. Air-balling your selling price may cost you money when the item sells.

Although eBay has a calculator buried deep in the site, it doesn’t take PayPal fees into account or calculate net profits. It will only calculate eBay fees for your items. That’s not a pure picture of your bottom line. Using this calculator will require you to do some ciphering on your own.

eBay’s Fee calculator
eBay’s Fee calculator calculates … only the eBay selling fees.

There is a site that will do the calculations for you (not only for eBay sales but also for other online venues) with a few clicks of your mouse (or taps on an app). Simple to use, Salecalc allows you to run different pricing scenarios and will help you decide on the best format for your sale.

Salecalc also has a mobile app, available in the iTunes app store.

Salecalc
After you input your data, Salecalc adds in the fees … and you see what the net profit will be.

Kabbage: Working capital

Do you need cash to grow your online business? After you’re up and rolling, you might come across a great deal on hot-selling thingamabobs, but find yourself short of cash because they are only sold in lots of 50. All businesses need capital to grow. Kabbage provides working capital to online merchants through a short application process that takes under ten minutes.

Kabbage
The Kabbage home page is your first step toward growing your business.

Kabbage provides funding only to online sellers. Online sellers are generally misunderstood by banks and financial services because traditional underwriting and funding criteria do not account for a virtual-commerce (e-commerce) business model or the value of recently sold inventory. When you apply, they look at many factors (other than your credit score) to determine how much they can advance, including your seller rating, time in business, transaction volume, and other feedback measurements.

Visit Kabbage for more details.