Wednesday, October 7, 2009

Offering a Second Chance

What do I mean by Offering a Second Chance ? Well this can be explained in 2 different ways .

When you sell an item on ebay and unfortunately the highest bidder doesn`t pay for the item for whatever reason, ebay allows you to Offer to other bidders on that item, what`s called a Second Chance Offer

Usually the 2nd offer chance will go to the next highest bidder under the Winning bid.

There is a link to use for this purpose in the Items Sold Column on your My Ebay Page

Clicking this link will send an email to the bidder that you choose (by checking the box next to their ebay ID ) explaining about the 2nd Chance offer and how to complete the transaction

You have the option of waiting 1, 3, or 5 days to give the person time to receive, read, and choose to accept or decline the offer

Offering a 2nd Chance will help you the seller in 2 ways.

#1 Hopefully you will sell the item to the next bidder and avoid having to relist the item and pay listing fees again.
Although you will be charged the Normal Final Value Fees for that item

#2 When you have multiples of an item listed on ebay you can also offer to any of the bidders from the 1st listing a 2nd Chance Offer and therefore selling 2 or more of the same item from One Listing.

Again offering a 2nd Chance like this will avoid having to do a New Listing and being charged Listing Fees BUT you will be charged the Final Sellers Fee for each Offer that is accepted.

I have used the Second Chance Offer many times for both Reasons and rarely have the Offers rejected although that can happen.

You can find me on ebay here http://stores.ebay.com/KDMORE-CRAFTS-AND-MORE?refid=store

Offering a Second Chance however is NOT the same as an actual bid during a Live Auction therefore the other bidders are not contractual committed to purchasing the item.

So I hope this explanation is Helpful to some and Profitable as well.

Thanks for reading my Blog

Kathy

3 comments:

Beth Cherkowsky said...

Great explanation Kathy - I'm glad that last one worked out for you.

Beth
http://www.antiquedaze.com

mymomsbooks said...

Kathy, Thanks for reminding us all about second chance. A very wise move on your last auction.
Suz mymomsbooks.com

Jimmy and Shell said...

Hi Kathy, Good post; thank you for the explanation in plain English. Sometimes I think things are made harder than they need to be.
Shell