The secret codes eBay sellers use and what they REALLY mean
IT'S no secret that eBay sellers can sometimes speak a language that not everyone understands.
They use jargon to help fit everything they need into their adverts but the lingo is sometimes hard to crack.
The traders often use initials to represent longer words or terms.
This is particularly useful for cramming extra information into posts without going over the character limit.
The most common ones have been revealed by and they have a variety of meanings.
Just in case you've wanted something and haven't had the foggiest idea what the person is talking about - we have solved your problem.
This is the most commonly-used eBay jargon:
HERE are the phrases you must know while shopping on eBay...
BN: Brand new
BNWT: Brand new with tags
BNIB: Brand new in box
BIN: Buy it now
VGC: Very good condition
NWOT: New without tags
NWOB: New without box
HTF: Hard to find
NR: No reserve
VTG: Vintage
Now we've cleared that up there's a lot more to selling on eBay than you first thought.
If you become an eBay entrepreneur, then you could be like Laura Rose who made up to £30,000 by selling her clothes on the website.
But you could end up with egg on your face, like this seller who made a loss when he sold his new Jane Austen £10 note for less than a tenner.
To be an eBay pro, you'll need to follow these tips and tricks so you don't get caught out by anything unexpected.
TOP TIPS FOR SELLING ON EBAY
HERE are some top tips to sell on eBay like a pro.
- Download the app: eBay has focused on making selling even easier and faster, especially when it comes to the app which benefits from seamless integration with your phone’s camera.
- Think like a buyer: Fill the title with as many key words as possible, take photos and write a description that really sells your product.
- Pick your price: Price for success by comparing your items to ones sold in the past 90 days – even see the likeliness of a sale for some listings.
- Pick your duration: You also need to consider the duration: a seven-day auction that ends on Sunday gives more time to garner interest and watchers, but if you’re selling a unique item you might want to select ‘good til cancelled’ which gives you plenty of time to get your item in front of buyers with no end date.
- Consider allowing offers: To attract more buyers, allow shoppers to make offers on your listings. You can choose to accept, decline or make a counter-offer.
- Use eBay delivery: When it comes to packaging up and sending your parcel, eBay has secured great prices on tracked services that can be dropped off at thousands of locations nationwide. You’ll save money, be protected and can do it all through the eBay site.
- Go free: Increase your chances of selling by offering your buyer free shipping, you can always include the cost in your price.
Latest In Money
Selling your things on eBay can be a big money earner, even if what you're selling doesn't seem worth it.
Earlier this year, we reported how you can make hundreds of pounds a year by selling your rubbish - even leftover loo roll tubes.
In fact, even your old car tax could be worth a small fortune with some sell on eBay for up to £355.
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