For individuals who want to sell their products and wares through the internet, they can do so using paid or free online auction sites. Online auction sites list products into categories for users to be able to search with ease. This also allows the sellers in locating the category that their product is likely to fit into.
Pros of Paid and Free Online Auction Sites
- Free online auction sites don’t require any fee for you to become a member. You’ll need to invest in is time and exert effort for your products to be posted on such sites.
- Free online sites are lenient than paid sites, which allows bidders and sellers to transact businesses outside the site.
- Although paid online auction sites require a membership fee, you’ll be able to enjoy its full benefits such as unlimited slots for your products.
- Paid auction sites allow you to post pictures of items as they have a more extensive database compared to free online auctions sites.
Cons of Paid and Free Online Auction Sites
- Free online auction sites give you limited slots or a limited image hosting space for your products as they tend to be small.
- Paid online auction sites transactions are carried within site only.
Buying and selling at auction sites are a lot of fun, as the tendency is you get what you’re looking for. However, there are aspects you need to be aware of, for instance, reading the rules and guidelines of the auction site. This is vital as you run the risk of not getting a product from the seller; you need to know where the auction site stands in such cases. The same applies to the seller, as he may get a high bid only for the buyer to decide not to buy the product.
It’s also vital for you to be wary of the person you’re dealing with. You should utilize a different email rather than the one you use in most cases. This helps you not to reveal personal information unintentionally. You ought to review the testimonials of other buyers on the seller; this helps you in gauging their credibility.
For the seller, you must answer buyers’ questions on items and shipping costs; it’s unprofessional when you don’t give a reply or delay. Finally, never disclose your password to any individual to protect your personal information.