I have been in a situation recently through ebay that I was given the second chance offer by a seller from ebay. What exactly is a second chance offer?(If you are new to ebay). Its simple. If you are bidding for a product and if your co bidder out bid you at the last moment you will be next best one after the winner. Now when the winner does not want to buy the item, then you are given a Second Chance Offer from the seller and you can buy the time with the price that you brought

How to use the second chance offer in your business?? Well as I told you before I was in a situation where I fell for the bid. Well I was competing with another buyer who is bidding for one of the product which I am interested in. I wanted that product so bad that I had to raise whenever I was outbid. For sometime I forgot where the price is taking me. Finally I though of quitting and stopped raising. So the competitor won the bid and the auction ended. After 3 days I got a second chance offer from the seller. So I was surprised as the co-bidder who was raising so much never wanted the product.

I really had a doubt about the seller, because it can be used as a business strategy. You know people sell their ebay accounts. So if the seller brought that account and he bids on his own bid trying to raise the bid. Its like a bait for the buyer who falls for this trick and finally once the auction is done he can go with the second chance offer for the next highest bidder.

And I feel most of the second chance offers will be accepted. Well I know that if the buyer dont pay for his bid after winning the bid for few number of occasion then he may loose his account. But I really feel "Does Second Chance Offers Really Help Your Business??????"