What is meant by bidding in ebay?

Question

i saw an item which bid (idont know what bid means)RS 1 thatz 0.722$ something in the next column it says that u have 2 place ur bid.what this bid means.item really costs 0.7222$

Answer 1

its simple there's the bidders and the seller they want to get the most money out of it so then the bid HELPS!

Answer 2

A formal proposal to buy at a specified price. You can place any price that you would like to buy the item at. You can also sell on eBay. Here's how eBay works:

A seller lists an item on eBay, most anything from antiques to cars, books to sporting goods. The seller chooses to accept only bids for the item (an auction-type listing) or to offer the Buy It Now option, which allows buyers to purchase the item right away at a fixed price.In an online auction, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days. Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins.In a Buy It Now listing, the first buyer willing to pay the seller's price gets the item.Trading on eBay is easy and it's fun! Best of all, you'll never know what you can find!

To find an item...

Use the Search box at the top of any eBay page. To find a digital camera, for example, use the search phrase “digital camera". Narrow your search by adding brand names or features like “HP Photosmart" or “5 megapixel digital camera". To find an item...

Use the Search box at the top of any eBay page. To find a digital camera, for example, use the search phrase “digital camera". Narrow your search by adding brand names or features like “HP Photosmart" or “5 megapixel digital camera". When you use the Search box, a menu of listings appears. In this view, all listings have a title, and many have photos to help you find what you want. To view a listing in detail, simply click on the title. When you click a category to browse, the category page will display subcategories so that you can refine your search. Once you have chosen a subcategory, the menu of listing for that subcategory will appear. You can keep refining your search  by using the sidebar. The Item Page has all the information you need to bid or buy. Look at the Item Description first. Is it really what you want? Check the Meet the seller box to learn more about the seller.See if you can Buy It Now for the seller's specified price instead of bidding for the item.If it is an auction-style listing, check Current bid and Time left. Submit a bid or Buy It Now only after you are satisfied with all the details! By bidding or buying you are entering into a legal contract to purchase the item. Sellers explain important product information in the Item Description. Check Item Specifics for information such as technical data, dimensions, age and condition. Photos offer more clues to the quality and condition of an item. Look at the bottom of the Item Description to find the section on Shipping, payment details and return policy.

Here, pay attention to:

Shipping and handling costs (some listings have a shipping calculator) Method of shipment (USPS, UPS, FedEx, etc.)

Methods of payment (PayPal, money orders, personal checks, etc.)

The Meet the seller box provides data about  the seller. Look at the number after the seller's ID. After every transaction, the user should leave Feedback about the transaction. Each positive rating that a member receives earns one point. A high feedback score means a high number of successful transactions. Click on the Detailed Feedback link to see ratings on the seller for accurate description, communication, shipping speed, and shipping costs. The Feedback Percentage is under the seller's ID. The higher the percentage of positive ratings, the better. Click on the feedback score or the  Ã¢Â€ÂœSee detailed feedback" link to read comments left by other eBay members.

  

Answer 3

Bidding is making an offer on the item for auction. If someone is selling a pony, and I offer 20$, then I have just bid 20$, however someone can "outbid" me by offering more than what I offered.

Answer 4

a bid is how much you are willing to pay for the item. its an auction dude.