Brian McGregor's

eBay Auction Newsletter

Newsletter Archive



Back to Newsletter Index


=============================


UK
eBay Auction Newsletter

 

The newsletter for buyers and bidders on UK eBay

 

August 11, 2004 - Issue 5208

 

=============================

 

This latest issue is now also available online at

 

http://www.workwinners.com/newsletter/040811.htm

 

=============================

 

In This Issue

 

1. News and Views

 

2. Feedback from last Newsletter

 

3. Email spoofs - Special Report 

 

4. Something to help your business

 

5. Just when you think you're the only one ....

 

6. Someone's auctioning what? Unusual items currently available

 

7. Finally

 

8. My Products Catalogue

 

=============================

 

Inspirational quote of the day

 

"Never be afraid to do something new. Remember, amateurs built

the ark; professionals built the Titanic."

 

Unknown Author

 

=============================

 

Brian McGregor speaking - you receive the UK eBay Auction

Newsletter because you have bought from me or enquired about my

auction items on eBay or QXL.

 

If you do not want to receive this newsletter, the only one

dedicated to eBay UK bidders and sellers, please send a blank

email to unsubscribe@workwinners.com

 

=============================

 

1. News and Views

 

a) So you think you've gone as far as you can selling on eBay?

 

There is a site in America (where else?) which lists the top 500

eBayers world-wide measured by feedback rating.

 

And the winner is, with a feedback rating of 181,680 ...

 

Take a look yourself:

http://www.workwinners.com/nlr801.htm

 

b) PayPal for your website

 

One of the questions I get asked from time to time is how to

accept credit card payments on websites.

 

Once they've sold via eBay, it seems many people then want to

progress to setting up their own website and try to market over

the internet. In order to do this successfully, it's pretty

important that you let your buyers have the option of paying by

credit card.

 

Most of us eBayers are aware of PayPal, and know that to send and

receive money you need to have a PayPal account.

 

Now, PayPal has announced a new scheme which lets you take credit

card payments on a website, without the buyer needing to have a

PayPal account.

 

This is great news for the part-time internet business owner. You

can read about it here:

http://www.workwinners.com/nlr815.htm

 

c) PowerSeller qualification

 

The accolade some eBay members seek is to become a PowerSeller.

If you're interested in attaining the certificate, these are the

qualification criteria:

 

You need at least 100 feedbacks with 98%+ positive feedback

rating

 

You need to average at least 4 listings over each of the previous

3 months

 

You need to average £750 of sales over each of the previous 3

months

 

That's all there is to it.

 

The benefits of being a PowerSeller? You can find out here:

 

http://www.workwinners.com/nlr803.htm

 

d) You can do it.

 

Based on a survey it conducted among its users, eBay estimates

that more than 430,000 people now generate a significant

proportion of their household income selling goods through the

site. eBay at any one time now lists about 29 million items

world-wide.

 

There definitely is room for you and I to make money here.

 

=============================

 

2. Feedback from last Newsletter

 

Wow. What can I say?

 

In the last edition of the newsletter I did a special feature on

auction fraud. I didn't realise what a hornet's nest I'd stirred

up.

 

It seems that fraud on eBay and PayPal is a concern of many

people. In addition, you also question eBay's capabilities and

willingness to help.

 

I'd like to show you a couple of the many emails I received on

the topic after the newsletter went out.

 

***

Dear Brian 

 

Someone hijacked my account last week and tried to sell some

mobile phones on my account. I contacted ebay about this and they

have now suspended my account. They told me this would take 72

hours, and 48 hours after the 72 hours I still have not heard

anything from ebay. I have forwarded them my telephone numbers

and am now at my wits end. I have built up my ebay account over

the past year or so and have over 100 good feedbacks. I have a

list of things waiting to go on ebay but can do nothing.  Have

you any suggestions as to what I can do because I have not got a

clue. I have spent a lot of money with ebay and I do not think it

is fair the way I have been treated. I have never given my

password to anyone so obviously there is a loophole in the system

that allows hijacking. If you can help me or would like more

information or would like to talk to me you can ring me. I am

sending this to you because from your newsletters it seems that

you know a lot about ebay so I am sure that you will be able to

help me in some way   

 

Thank you

G

***

***

Hi Brian.

 

I'm an avid reader of your newsletter and thought I would

highlight a new form of fraud I experienced several times a

couple of weeks ago.

 

It started when I bid on a Sony Plasma TV but wasn't prepared to

bid high enough to win the item.

 

A couple of weeks after the auction finished, I received an email

apparently from the seller offering me a "second chance" to win

the item and was I still interested?

 

I innocently wrote back indicating that I was still interested

and made a revised offer for the TV.  Things appeared to be going

well as the seller accepted my offer.  However, at the same time

they asked for my home address so they could set up an e-bay

transaction.

 

At this point I became suspicious as I know enough to know that

ebay provides this for genuine sellers and didn't send them the

information. I then used ebay to contact the seller and quickly

discovered they knew nothing about the second chance.

 

This attempt to get my address occurred THREE times from three

different "sellers" in the course of just one week.

 

The only value I can see in this scam is the address itself. The

value? I can only image is to wait until I leave the house one

day and then burgle as I obviously have high value

equipment.........  You may like to warn other users.

 

On the same subject, whilst a more obvious fraud, it occurred to

me that if that's the information you're looking for, then you

could always set up a dummy high value item and wait until

someone bids its value up and the ebay will happily provide an

address and the worst that can happen to the seller is they get

negative feedback.  The winner on the other hand may be burgled.

 

I

***

***

Dear Brian

 

As usual a most interesting newsletter.

 

Sorry about the difficulty in the painting business, but as far

as I am concerned, I don't mind you sticking to the keyboard.

 

Just two small points if you can spare some time.

 

First one I know is the same thing I am moaning about for the

last two years.  Is there a way you might start a survey of any

kind to see if more people are fed up with the fraudulent listing

of Location; i.e. Hong Kong, United Kingdom, or Puntersville

-USA, United Kingdom.  Due to the usual VAT, postage  and customs

fees. it is prohibitive for smaller articles to be bought outside

the UK.  It happened to me twice on nice silver fountain pens

from the States.

 

Understandably if I wish to see the listings from everywhere I

can easily request e-bay to show them to me, but when I request

only items from UK I really do not wish to see all the South

Eastern and Australian ones.

 

I've mentioned it to e-bay several times but no answer or

reaction.

 

Second is the security aspect.  Can you be more specific how

someone can highjack your account and use it.

 

Just that I am a little paranoid lately as my yahoo mail address

has been misused for spamming, and I obviously got the heat.

 

Thanks for your efforts and time.

 

Regards

H

***

 

I have also had correspondence with a number of eBayers who we've

managed to help avoid being defrauded of around £2,500 in total

from bogus sellers.

 

Finally, on correspondence from readers, I have to put the record

straight. In my article on fraud, I mentioned Ukraine a couple of

times by way of example, and upset this reader:

 

***

Dear Brian,

 

Well, let's start with something nice and sweet :-).

 

I just love your newsletters and found them extremely useful for

my Ebay activity. Although, the last one contains a few mentions

of my homeland, Ukraine, in some quite offensive context. I think

you know what I mean, and I don't assume you bound the name of

Ukraine with the fraud activity twice in a line intentionally.

Rather you needed an example and it sounded like a good one.

 

But I feel that for some of us, who have never been to Ukraine

and never met the lovely open hearted well-educated and extremely

generous ukrainian people in person, Ukraine may become the devil

capital of the online crime empire. Oh no, I don't ask you to

take your words back, neither to use another country's name in

the future :).

 

Actually, the only purpose of the email is to let you know what

I'm feeling, because after all this time we spent together on the

newsletters, I think of you like of a good friend with whom I may

share my thoughts.

 

Thank you for your time, and for your great newsletters.

 

Kind regards,

Z

ukrainian girl

 

P.S.: I do apologize for any imperfections in my English and I

can assure you that, despite their possible presence in the

email, this is not a fraudulent one. ;-)

***

 

For my part, I have thanked Z for getting in touch, aplogised for

my laziness, and also commended her on her English.

 

The point of telling you about other emails I've received is that

information on frauds or attempted frauds can be valuable to

fellow eBayers. If you've experienced this, and are happy that

this can be described anonymously via the newsletter please let

me know.

 

Finally, a word from our leader. In a recent interview Meg

Whitman, eBay's CEO was asked "How significant is fraud as a

threat to your users and to the company?"

 

Ms. Whitman replied, "Fraud is a tiny percentage of the number of

listings on the site or the gross merchandise volume. I think we

wouldn't be as big and the marketplace wouldn't be as successful

if that were not the case. That said, we want that number to be

as close to zero as possible and we work hard at it."

 

Amen to that!

 

=============================

 

3. Email spoofs - Special Report  

 

Having talked about fraud, the next danger of trading I'd like to

cover is spoof emails. This also know as phishing in the spoof

email trade. This is becoming the accepted generic term for spoof

emails and websites. Amazingly, phishing doesn't appear on

eBay.co.uk Help search.

 

First, what is Phishing?

 

Phishing attacks use spoof e-mails (and fraudulent websites)

designed to fool recipients into divulging personal financial

data such as credit card numbers, account usernames and passwords

etc.

 

The phishers achieve this by making their spoof email look like

its coming from trusted brands, like eBay and PayPal. They also

usually convey a sense of urgency in the message. They count on

people feeling somewhat of a panic when they get the message and

hope that they reply right away before they have time to think.

Messages might include a line like "Your account will be shut

down if you don't immediately verify your account information,

click on the link below." Other messages suggest that it is

suspected your account has been accessed by fraudsters, and you

need to log in now to have this checked out.

 

By hijacking the trusted names of well known online companies,

banks, retailers and credit card companies, it appears that

phishers are able to convince up to 5% of recipients to respond

to them.

 

Research firm Gartner released a survey estimating that 57

million adults in the US had received a phishing e-mail in the

month of May, and that nearly 11 million of those adults had

clicked on a bogus phishing link. Of these, it was estimated that

1.8 million had given out personal information.

 

Here are some examples of recent phishing email attacks, some of

which you may have received yourself:

 

06-Aug-04 - AOL - 'Urgent message from AOL member services'

05-Aug-04 - eBay - 'Billing Issues'

04-Aug-04 - US Bank - 'Confirm your account information'

03-Aug-04 - US Bank - 'Online banking issue'

27-Jul-04 - eBay - 'Update Your Billing Information'

26-Jul-04 - eBay - 'Your account at ebay has been suspended'

23-Jul-04 - US Bank - 'Notification of US Bank Internet Banking'

 

 

The Anti-Phishing Working Group (APWG) is an industry coalition

working to eliminate the problem of phishing and email spoofing

attacks. They record and share information about the problem, and

promote the visibility and adoption of industry solutions.

 

The latest quarterly report from APWG includes the following

information:

 

Unique phishing attacks by targeted companies in the month of May

04:

 

370 Citibank

293 eBay

167 US Bank

149 PayPal

33 Fleet Bank

21 VISA

17 AOL

17 Lloyds

15 Barclays

12 Westpac

10 Nationwide

9 Halifax

7 Natwest

6 Bank One

6 Chase

6 Earthlink

4 ANZ

3 e-gold

3 HSBC

3 MSN

3 Woolwich

3 Yahoo

 

You can read this quarterly report yourself. It's only 5 pages

long, but it certainly gives a snapshot of the size of the

problem.

 

You can download it from here:

www.workwinners.com/nlr804.htm

 

And here is the APWG website:

http://www.antiphishing.org

 

Some advice on how to avoid phishing scams

 

a) Be suspicious of any email with urgent requests for personal

financial information

 

b) Be suspicious of any email containing statements designed to

invoke urgent action asking for usernames, passwords, credit card

numbers, social security numbers, etc.

 

c) Phisher emails are typically NOT personalised, while valid

messages from your bank or e-commerce company will be.

 

d) Don't use the links contained in a suspected email to get to

any web page. Instead, type in the site's web address in your

browser, and navigate from there.

 

e) Avoid filling out forms in email messages that ask for

personal financial information.

 

f) Always ensure that you're using a secure website when

submitting credit card or other sensitive information via your

Web browser.  To make sure you're on a secure Web server, check

the beginning of the Web address in your browsers address bar -

it should be "https://" rather than just "http://". Also, the

yellow padlock icon should appear in the browser's status bar.

 

g) Consider installing a Web browser tool bar to help protect you

from known phishing fraud websites. eBay has a Toolbar with

Account Guard. This warns you when you're on a potentially

fraudulent (spoof) Web site. It also lets you report such sites

to eBay. If eBay verifies that a Web site is fraudulent, the

information will automatically be distributed to all other eBay

Toolbar members, warning them about the spoof Web site. You can

read about eBay Toolbar here:

http://pages.ebay.co.uk/ebay_toolbar/

 

h) Regularly log into your online accounts don't leave it for as

long as a month before you check each account

 

i) Regularly check your bank, credit and debit card statements to

ensure that all transactions are legitimate if anything is

suspicious, contact your bank and all card issuers

 

j) Ensure that your browser is up to date and security patches

applied, in particular go to the Microsoft Security home page to

determine which software patches you need for your system.

http://www.microsoft.com/security/

 

k) Report phishing or spoof e-mails to the following groups:

 

Forward the email to reportphishing@antiphishing.com

 

Forward the whole email to the "abuse" email address at the

company that is being spoofed (e.g. spoof@ebay.co.uk)

 

eBay has a very good tutorial on detecting spoof emails which you

can find here:

http://pages.ebay.co.uk/education/spooftutorial/index.html

 

It's just a pity that all departments in eBay haven't read the

spoof tutorial. One of the statements eBay consistently make is

that they will never send an email requiring members to click a

link within the email to enter their member details. And yet they

have recently sent out two such emails relating to free auction

days, where members are asked to press a link and then key in

their member details. This is exactly the technique used by

fraudsters in attempting to illegally extract membership details!

eBay have apologised for this, and have ensure that education is

being put in place to ensure it doesn't arise again.

 

Safe trading!

 

=============================

 

4. Something to help your business

 

I often get requests for products which can be sold on eBay. Here

are four digital items which you can resell on eBay and via the

internet.

 

"The Embarrassingly Simple Way I Grabbed the #1 Position on

Google, Yahoo & AOL" Mark Idzik wasn't looking to get to number

one position on search engines, but he made almost by accident.

By following Mark's technique step-by-step in his ebook, you too

can hit the number one spot. More info:

http://www.workwinners.com/nlr805.htm

 

"How to Create Killer Mini Sites that Sell Like Crazy" Mini Sites

are the latest discovery whereby you sell products into highly

profitable niche markets. With Alpha del Bosque's ebook, you will

be able to easily create mini sites,  which can produce instant

results and have very large response rates. More info:

http://www.workwinners.com/nlr806.htm

 

"Millionaire Marketing - Deadly Marketing Mistakes Exposed" This

where you get the benefit of three of the biggest internet

marketers in one go. Millionaire Marketing is an ebook of the

transcript of a $3,000 two hour symposium given by Marlon

Sanders, Jonathan Mizel and Declan Dunn. If you want to know

their internet marketing trade secrets, this is for you. More

info:

http://www.workwinners.com/nlr807.htm

 

"Vend-O-Matic! Automatically Build Profit Generating Web Sales

Pages" This is a remarkable product from Bill Myers which enables

you to build sales pages and thankyou pages for any products you

would like to sell. You don't need to know any HTML, it's all

produced automatically. More info:

http://www.workwinners.com/nlr808.htm

 

With each of these items, not only do you get the product itself,

you also get a website page, thankyou page and instructions on

how to implement your sales page. In fact, everything is supplied

to start re-selling immediately. In addition, you have Master

Resale Rights which you confer on your customers enabling them to

resell the item too.

 

=============================

 

5. Just when you think you're the only one ....

 

I saw this headline in a paper recently "Newly published book on

UK eBay".

 

I was taken aback. I thought my own ebook 'The eBay Formula' was

the only one which concentrated on UK eBay. Well I was wrong, and

I'm happy to admit it. David Belbin has just launched 'The eBay

Book', published by Harriman House.

 

The reason I'm bringing this to your attention is that I know

quite a lot of people prefer to have a real book in their hand as

opposed to an ebook. They feel it's much easier to read from the

printed page rather than a PC screen.

 

In 'The eBay Book', long time eBay user David Belbin, explains

how eBay.co.uk works and how to get the most out of it, whether

you are a buyer or seller. Step-by-step, he takes you through the

key features of the site, advises on bidding and selling tactics,

explains how to minimise the fees you pay and why feedback is so

important. He explores the best ways to pay for goods, and what

to do if your transactions go wrong. This hugely readable book

also contains a wealth of case studies covering a wide variety of

eBay users.

 

For newcomers, this is an indispensable primer which will give

you the confidence to join the vast community of eBayers. For

people who already know the basics, it is a short-cut to eBay's

advanced features, and a rapid way to learn the tips and tricks

that David has picked up over the last five years.

 

Currently you can get it at Amazon for only £6.99 (published

price £9.99). Here's the link to read about the book:

http://www.workwinners.com/nlr809.htm

 

=============================

 

6. Someone's auctioning what? Unusual items currently available

 

Nothing surprises me when it comes to internet auctions. Amuse

yourself with some of these beauties ...

 

And I thought this was an abacus!

http://www.workwinners.com/nlr810.htm

 

Want a breath of fresh air?

http://www.workwinners.com/nlr811.htm

 

Any candidates for this in your household?

http://www.workwinners.com/nlr812.htm

 

Now then, help me with this. Is this real?

http://www.workwinners.com/nlr813.htm

 

So you think you could be a film star?

http://www.workwinners.com/nlr814.htm

 

Disclaimer - I have no association with any of the sellers of the

above items.

 

=============================

 

7. Finally

 

If you are changing email addresses soon please put a note on

your calendar to send a blank email to:

 

newsletter@workwinners.com

 

after you get your new email address.

 

I don't want to lose touch with you!

 

If a friend sent you this newsletter, you need to send a blank

email to:

 

newsletter@workwinners.com

 

That way you can get your own copy next time!

 

Increasingly, email filters are preventing genuine email

communications such as this newsletter from reaching subscribers.

 

If you use any method of checking on your email, and you wish to

continue receiving the newsletter you may need to include my

email address in your safe list, whitelist or address book.

 

Thank you for continuing to take my newsletter - I hope it gives

you as much enjoyment to read, as it does me to write.

 

Regards

Brian McGregor

Editor - "UK eBay Auction Newsletter"

 

====================================

 

8. My Products Catalogue

 

All the following are original products, services and

opportunities written and created by myself.

 

 

"The eBay Formula"

How to sell successfully on UK eBay - time, after time, after

time.

http://www.workwinners.com/rd01.htm

 

 

"UK Dropshipping Sources"

Twenty Six genuine UK dropship companies.

http://www.workwinners.com/rd02.htm

 

 

"Sourcing DVDs, CDs and Videos at Trade Prices"

Where and how to buy DVDs, CDs and Videos at trade prices, and

how to sell for profit.

http://www.workwinners.com/rd03.htm

 

 

"Sourcing and Selling Electrical Products for Big Profits"

Where and how to buy Widescreen TVs, DVD players and VCR players

at trade prices, and how to sell for profit.

http://www.workwinners.com/rd04.htm

 

 

"Sourcing Maternity Clothing and Baby Needs at Trade Prices"

Where and how to buy at trade prices.

http://www.workwinners.com/rd05.htm

 

 

"Sourcing and Selling Jewellery for Big Profits"

Where and how to buy jewellery at trade prices, and how to sell

for profit.

http://www.workwinners.com/rd06.htm

 

 

"Sourcing Mobile Phone Accessories at Trade Prices"

Where and how to buy mobile phone accessories at trade prices,

and how to sell for profit.

http://www.workwinners.com/rd07.htm

 

 

"The Streetwise Buyer's Guide to Radar Detectors"

Don't buy a Radar Detector system until you read this.

http://www.workwinners.com/rd08.htm

 

 

Oil Painting Marketing Business

Become my partner in this pleasant money-making venture.

http://www.workwinners.com/rd09.htm

 

 

Your Own ebook and Software Sales Business

Valuable products you can sell on eBay, plus through your

own website which you receive with this package.

http://www.workwinners.com/rd11.htm

 

 

See the whole catalogue here:

http://www.workwinners.com

 

=============================

 

"UK eBay Auction Newsletter" is published approximately two

weekly.

 

In each issue you'll get ideas on how to make the most of buying

and selling on eBay sites from a UK perspective.

 

If you would like to unsubscribe please use the link at the

bottom of this email.

 

Finally, be assured that your email address will never be shared

or sold - ever!

 

=============================

 

Copyright Information

 

Copyright © 2006 Brian McGregor. All rights reserved.

 

No part of this newsletter may be copied or published without

prior permission, but do please forward it to your friends and

colleagues as long as you keep it in its entirety. Brian

McGregor, as publisher, disclaims any liability for the use of

any information contained herein. We further claim no

responsibility for the legality or accuracy of any advertisements

or articles. It is the reader's responsibility to practice due

diligence in any product or service acquired based on information

contained in this newsletter.

 

To unsubscribe, send a blank email to unsubscribe@workwinners.com

 

=============================

Back to Newsletter Index

=============================


Home | Newsletter | Articles | Privacy Policy | Site Map | Testimonials | Contact

Workwinners Home | The eBay Formula | Keyword Pro | Free Sky TV | Dialup Broadband | Oil Paintings Business | Radar Detector Guide

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     [1]