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| Register: |
| To start bidding, you'll first
need to
Register
as a member. Then you're ready to begin using all of the
features at AuctionBeads.com. |
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| Browsing
Items: |
| Here's what to do: There are many
ways to browse the current items available. A good way to
start is with the categories list available on our home page
(shown at the left). You can get to this list by clicking
the All Categories
tab at the top of the pages, too. Each category has a
number in ( ) following it, that's
how many items are available there. Simply click on the
category that interests you to view items in that
category. When you see an item of interest in the list
that comes up, just click on it for the full description and
image. Be sure to browse all the categories - you never
know what treasures you may find!
You may also choose to use
the tabs at the top of our pages to view Spotlight Auctions,
All
Gallery Items, All
New Today, All
Ending Today, or more.
Another great way to find
specific items is to perform a search. You can use
our search box above (under the top page tabs) to search
for items with specific key words (such as "lampwork"
or "butterfly"), or by specific seller or more. |
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| BeadRadar©: |
| Set your personal BeadRadar©
to find the items you're looking for the day they're
listed. Visit your MyBeads© area to learn more. |
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| Bidding: |
| Once
you have found an item you would like to bid on, scroll down on the listing page until you see the bidding section. It will ask for your
User Name, Password and the amount of your bid. You can also choose to use a
proxy bid by entering the maximum
price you are willing to pay. Click on "Review Bid" when you are
finished. |
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| Review
Bid: |
| Carefully review the item that you are bidding on and how much you have agreed to pay for it, then click on
the "Place Bid" button to finalize your bid. You will immediately see
if you are currently the high bidder. |
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| After
placing the bid: |
| While you
are waiting for the auction to finish (this may take several days), you will
receive an automatic e-mail informing you whether you have been outbid by another
bidder. Be aware that some bidders wait until the last minutes
to place their bids. For items that you are very
interested in, it pays to watch the auction in the final
minutes. |
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| Raising
your bid: |
| To
raise your bid, go down to the "Place Bid" input box
on the item you wish to place your higher bid on (below the
item's description) and enter your User Name, Password and your
higher bid. Click on
"Review Bid" when you are finished. Carefully review the item that you are
placing the higher bid on and how much you have agreed to pay for it, then click on
the "Place Bid" button to finalize your higher bid. You will immediately see whether you are currently the high bidder. |
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| Winning
the auction: |
| If you are the highest bidder when the auction ends,
you and the seller will receive an automatic e-mail. You must contact the seller within three business days. You are under contract to pay him or her the amount of your bid and
any other expenses (if any that were mentioned in the item
listing page). The seller is also under contract to send you the item
upon payment receipt. |
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| Definition
of terms: |
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| Proxy
Bid: |
| Proxy
bidding is letting our system bid for you automatically. Think
of Proxy as someone who watches the
auction while your busy doing other things. You activate Proxy
by entering the highest amount you are willing to pay for
an item in the "Place Bid" box. The system will then
bid for you, bidding only enough to make you the high bidder. If
someone exceeds that bid, our Proxy places
another bid for you and so on up to the maximum amount you've
specified. Under no circumstances will Proxy
ever bid MORE than you said. The system will send you an
e-mail if you've been outbid and you can give Proxy
a few more dollars to play with, if you like. Just enter
another Proxy bid amount.
Proxy bidding is not used for Dutch
auctions. |
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| Reserve
Bids: |
Our
system supports Reserve Bid. Some auctions may be
run with Reserve Bid. The reserve price is the lowest price at which a seller is willing to sell
their item. The reserve price is never disclosed to bidders. A seller might specify a reserve price if
he or she is unsure of the real value of his or her item and would like to reserve the right to refuse to sell the item if the market value is below a certain price. During an auction, an annotation will be displayed in the item information screen if the seller has specified a reserve price.
The seller may specify a reserve bid when they list an item. This price should be above the minimum bid price. If a bidder has authorized
a Proxy
Bid that is equal to or greater than the reserve bid, then the item will be sold to that bidder at the reserve price at the auction's
closing. |
| Auction
Tips For Buyers! |
Tips for Buyers:
Get the most out of your bidding experience. Check out the suggestions gathered from other experienced
buyers:
1. Know The
Item You Are Bidding On!
- If a description of an item is
unclear, be sure to clarify the description with the seller before
you bid. Please also note that it is up to the sellers to select
their own payment options and by bidding on an item, you are
agreeing to these terms. It is the bidder's responsibility to
make sure that payment terms are clearly understood up front.
- If you're not sure what an item is
worth, do a little research before you decide what you're
willing to pay.
2. Check The
Seller's Reputation!
- The number in parentheses next to a
bidder's or seller's User I.D. is that person's feedback rating - a
tally of the comments other users have submitted about this seller.
- To view a sellers or bidders
feedback record, just click on the link "view seller's
feedback" on the item description page of the item you are
interest in placing a bid on. This will automatically bring up the
feedback record on the seller of that item. If you want to view the
feedback on any auction member, you can do so by visiting the following
link: feedback
- If you have a consumer complaint or
need to obtain information on a company, you can visit the http://www.BBBonline.org,
or other state and local consumer agencies.
3. Proxy
Bidding!
- First, you specify the maximum
amount you want to bid. That amount is kept secret and is your proxy
bid.
- The system will bid on your
behalf as the auction proceeds,
bidding only enough to outbid other bidders. If someone
outbids you, the system immediately increases your bid.
- This continues until someone exceeds
your maximum bid, or the auction ends, or you win the auction!
- Plus your proxy will never exceed
what you're willing to pay for the item.
- Proxy bidding is NOT used for Dutch
Auctions.
4. Make Note
Of Auction Details!
- Be sure to make a note of auction
information. That way, you can contact the seller right away to
complete the transaction if you're the high bidder. You'll need:
- The seller's user ID and
email address
- The auction item number
- The item description
- And the time, date and price
you bid on the item
5. Protect
Yourself
- Make sure the item you are bidding
can be lawfully purchased in your area.
The Consumer Product Safety Commission occasionally bans sales of
goods that may be dangerous to consumers.
- Remember, we are only a
venue and we do not guarantee the ability of a seller to
complete the transaction or the quality of the items.
- If you feel at all unsure about a
transaction, ask the seller to use escrow
for the payment.
- Escrow
Overview - What is Escrow?
Escrow is when a buyer places
money in the custody of a trusted third party. The money is then
paid to the seller once a specified set of conditions are met. How does
it...
- Negotiate escrow terms
with the seller before you place a bid.
- Consider paying by credit
card. Many cards offer insurance or
reimbursement for transactions over $50.00.
7. Be
Courteous to Other Users
- Treat everyone with the courtesy
you expect to receive.
- When you send an email, take
the time to write in complete sentences, with a salutation and
closing. Those little touches make all the difference!
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| Terms
& Conditions! |
Please read and familiarize
yourself with our Terms
& Conditions which outlines our policies and terms of use.
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| Placing
Bids On Auctions! |
To enter a bid on an item
for auction, you must first register.
After the registration process is complete, you can place a bid on any
item up for auction by following the steps below:
- Click on the link to the item you
are interested in placing a bid on. This should bring up the
item description page for the item.
- Before entering your bid, take a
brief moment to review the seller feedback record.
- After reviewing the seller's
feedback record, click on the "Bid Icon" located to the
left of your screen. This should take you directly to the
bidding section of the item.
- After arriving, enter your User Name,
Password, Quantity you are bidding on if Dutch auction and your bid
amount.
- When done, click the "Review
Bid" button to review the bid you just submitted. If all
is OK, submit your bid.
The binding contract of the auction is
between the winning bidder and the seller.
Please bid carefully! Once you make and
confirm a bid, you can't withdraw it unless:
- The seller materially changes the
description of the item after your bid
- The amount of your bid was clearly a
typographical error - avoid this by carefully reviewing your bid
- Other exceptional circumstances;
however, you can't back out because you decided to bid on another
item, decided you couldn't really afford it, or changed your mind.
Please note that it is up to the sellers
to select their own payment options and by bidding on an item, you are
agreeing to these terms. It is the bidder's responsibility to make sure
that payment terms are clearly understood up front. If you have
any questions about an item click the link to ask the seller a question.
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| The
Different Types Of Auctions! |
Reserve
Price Auctions:
A reserve price is set by a seller who will not sell below a certain
price.
- Bidders know there's a reserve
price, but they do not know what it is.
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In order to win the
auction, a bidder must meet or exceed the reserve price and have the
highest bid.
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If no bidders meet the
reserve price, neither the seller nor the high bidder are under any
further obligation.
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You cannot use reserve
prices for Dutch Auctions.
Dutch
Auctions:
This fast-paced, free-for-all format is perfect if you have multiple,
identical items to sell.
- Sellers start by listing a minimum
price, or starting bid, and the number of items for sale.
- Bidders specify both a bid price (at
or above the minimum) and
the quantity they want to buy.
- All winning bidders pay the same
price—which is the lowest successful bid. That might be
much less than
what you bid or are willing to pay!
- If there are more buyers than items,
the highest and/or earliest successful bids get the goods.
- During a Dutch auction you can change
your bid, provided the total bid value you are offering is higher than your
previous total bid value. Please note that by changing your bid, you
remove your previous bid. It would not make sense for bidders
to have more than one active (potentially winning) bid on any one auction.
- Higher bidders get the quantities
they've asked for.
- Bidders can refuse partial
quantities.
Dutch auctions can be very fun and most
users win the items they bid on at the minimum asking
price. The only thing to keep in mind is that if you are the
lowest qualifying bidder and you specify a multiple quantity, you may
not get to purchase all that you would like. Preference is given
to the high bidders, and there may not be enough left over after they
get their share. The best way to avoid this problem is to make
sure you are not the lowest bidder (remember every winning bidder
pays the same price - the lowest successful bid price). (Note that proxy
bidding is not used for Dutch auctions)
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