eBay[c] The Missing Manual

4.1. Tools for Power Buyers

When you're power shopping, you want the information for good buys right there at your fingertips, right now. Is $79.99 a good price for that cell phone, or could you get it for $50 if you waited a couple of weeks? Is that PowerSeller a slow shipper, or does he get a lot of returns? Serious shoppers power up their shopping with price-analysis tools to figure out the best price, and they use feedback filters to drill down straight to the feedback they need to see. And if, like many hardcore buyers, you're a collector who uses eBay to beef up your collection, there are tools to help you organize your collection.

4.1.1. Price-Analysis Tools

On eBay, the marketplace sets the price of any given item, as bidders vie with each other until only one's left standing at the auction's end. But that marketplace changes daily. Supply and demand both shift as sellers try to jump on hot-item bandwagons and as shoppers spend more time at their computers (around the holidays) or less (summer weekends). A digital camera that sold for $225 one week might sell for $187 the next . To get a picture of eBay price trends, you could sift through completed auctions, record winning prices, and figure out the averagesbut why go to all that effort when price-analysis tools will do it for you in a couple of seconds?

Price-analysis tools scour completed auctions and scoop up the closing prices, then use that information to help you decide how much to spend nowor whether to wait until the price goes down. Here are a couple of good price-analysis tools:

Figure 4-2. AuctionSmart's price-analysis chart show that the vast majority of recent auctions for a blue iPod mini ended with a winning bid between just over $200 and just under $250. If you bid in that price range, you have a 96 percent chance of winning.

4.1.2. Feedback-Analysis Tools

Feedback paints a picture of how a seller conducts his business. In most cases, you'll probably find the simple strategies outlined on Section 2.1 sufficient to analyze a seller's feedback and come to a bid/don't bid decision. But if you're considering purchasing from a high-volume seller, you need more. You need a feedback-analysis tool.

Here's why. High-volume sellers can accumulate a couple of pages' worth of new comments each day, and you could waste precious time combing through pages and pages of feedback comments looking for troubling patterns in a seller's feedback history, like multiple complaints about slow shipping or lousy packing. Feedback-analysis tools save you time by filtering out the positive comments so you can take a hard look at the problems.

GutCheck (www.teamredline.com) is a free tool that works with Internet Explorer and Windows 95 or higher. After you've installed GutCheck and you're looking at an eBay auction page, right-click a seller's ID or feedback score and you can choose from these options:

Another feedback checker that lets you filter out positive comments is BayCheck Pro, available at www.hammertap.com. BayCheck Pro has more than a feedback filter; it also gives you one-click access to a seller's history, so you can check current and completed auctions at a glance. Save a list of frequently checked sellers to keep an eye on their auctions.

Tip: For a quick check of all the negative and neutral feedback an eBayer has given or received, you don't need to install any software. Just go to www.toolhaus.org/cgi-bin/negs and type in the eBay ID you want to check.

4.1.3. Tools for Collectors

Collecting is big business on eBay. According to a 2004 Nielsen survey, about a third of all Americans collect somethingand one out of five of those collectors buys, sells, or browses on eBay. Most eBay collectors agree that the site has made collecting more fun and given them access to items they'd never have found otherwise .

If you're serious about collecting, you need to get organized. Not only will collectors' software keep you from going crazy trying to remember what you have and where you put itand whether you should bid on that Niagara Falls souvenir spoon to round out your collectionbut if your stuff is valuable , this software can help you create detailed records for your insurance company.

There are several specialized programs out there to organize your collection, creating records of what you own, how much it's worth, and where you've stashed it. You can even include one or more photos for each record. The bigger your collection (and it can grow very quickly once you get going on eBay), the more helpful you'll find these tools. Each has a different look and feeltake a look at several and see which works best for you.

Here's a selection of what's available.

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