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| Terms of Buying and Selling Online That You Must Know |
Spelled out with the development of the Internet world there are many positive impacts, especially on people who may be very fond of making transactions. Now we can easily make transactions only with capital Gadget and the Internet connection which is quite adequate. As we know that there are many websites, social media and forums that we can visit if you want to sell or buy an item that is on the Internet.
If you are somewhat interested in entering the business of buying and selling or just want to buy goods, you are somewhat obliged to know some important terms that you might not have understood. Now here are some fairly important terms that we often see when doing online transactions.
Online Buying and Selling Terms You Need To Know
1. WTB (Want To Buy)
WTB is a term that is often used for someone who wants to buy an item online. When using this term, prospective buyers are required to complete the title with the items they want to buy and their specifications.2. WTS (Want To Sell)
WTS is the opposite term of WTB, where someone will use this term if they want to sell an item online. The sellers will usually complete the specifications of the goods they want to sell.3. TT (Change Add)
TT is a term that is often used by someone who wants to trade in online buying and selling forums. If using this term, you should include the advantages and disadvantages of the items you want to trade.4. Rekber (Joint Account)
This account is a term that might be used often if potential buyers are afraid of being deceived when they want to buy goods. Rekber here also needs a trusted intermediary to be comfortable, secure and trust each other when making transactions.5. Mahar (Price Matters)
Mahar is a term that might be commonly used by sellers of goods who put the first price for the goods they want to sell.6. ORI (Original)
This ORI is a term that is often written by sellers to convince potential buyers that the item they want to sell is genuine.7. CLBK (Old Chat Buy Kaga)
CLBK is a term that is usually used by sellers to insinuate people who are usually fairly hobbyists asking questions but not buying the goods they are selling.8. SS (Screenshot or Letters)
This SS is a term that is often included also in buying and selling on social media, which sellers will usually include screenshots of the account you want to sell. Whereas the sale and purchase of SS goods is an abbreviation of the documents which are complete or incomplete.9. COD (Cash Of Delivery)
COD is a term for conducting a meeting between a seller and a prospective buyer in accordance with an agreed place. This is usually done if the prospective buyer is somewhat distrustful of the seller of the item he wants to buy.10. BT (Barter)
BT is a term that might be included if the owner wants to exchange the goods. And it's almost the same as Exchange Add, but in this barter there is no additional cost from any party.11. TS (Thread Starter)
TS is a term that is often used to call the seller of goods, simply TS is a seller in online shopping transactions.12. BNIB (Brand New In Box)
This BNIB is a term that may be used often when new goods are opened from the original box or packaging. The purpose of this term is used so that prospective buyers can be trusted if the items they want to buy are new goods.13. DP (Down Payment)
DP is a term we know as a down payment that is used to ensure that the item will actually be purchased. The amount is also quite diverse, but the DP is usually in the range of around 25 percent to 50 percent of the price of the goods.14. PO (Pre-Order)
This PO is usually done in a way that the buyer will pay a percentage of the sale price at the beginning of the transaction. This means that the goods that you want to buy, order first and then the seller will be given a DP.15. PM (Private Message)
This PM is a term that may be quite familiar, where buyers can send messages directly to the seller if they want to ask about the item that is being sold.16. NET (No Nego)
NET is a term that means that the goods you want to sell can not be offered anymore for the price. So, if you find this term in the title of buying and selling, you don't need to try bargaining again instead of being shy.Now those are some terms that may be important that you must know if you want to sell or buy goods online. That's all that we can convey, hopefully can provide useful information for all. Thanks.