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eBay Auctions and the fear of the unknown
eBay Auctions and the fear of the unknown One of the things that keep people from performing is fear of the unknown. Hosea 4:6 says, "My people are destroyed for lack of knowledge." The good news is that the unknown can be conquered with good...
How To Write eBay Auction Descriptions That Get Bids
The first thing you need to do is write an auction title. This is the most important part of your auction. If your title doesn't interest anyone no-one will read your ad. You could have written the most compelling auction description ever...
Make Online Auctions a Home Business
Everyone is aware of online auctions nowadays. We all know someone who has bought or sold something on an Ebay online auction site. But how many people know that this hobby can be turned into a profitable business? The fact is online auctions...
new auction website offering free webspace and free classifieds for new sellers
We are looking for new sellers to start selling their merchandise on our new site for free. Buyers also welcome to join. About the Author ...
Using Smaller Online Auction Sites to Make Profit on Larger Auction sites.
A lot of auction sellers seem to be missing out on untapped merchandise to sell for profit. They seem to be forgetting the smaller online auction sites out there. There are literally 100’s if not 1,000’s of smaller online auction sites out ...
 
Auction and its benefits

An auction is basically a public sale wherein any object is sold to the highest bidder. It can be defined as a process
of purchasing and selling things by offering them up for bid, taking bids and selling the things out to the highest bidder. This is what is generally the case. However, a sale to the lowest bidder may also take place, in cases where land is sold for non-payment of taxes to anyone willing to take it for the shortest term; or where a contract is offered to an individual or party willing to take it for the shortest term; or where a contract is offered to an individual or party willing to perform it at the lowest price. Such cases too seem to fairly come under the purview of the term ‘auction’.

In case of auction the seller presents the products on a public platform. The selling price of the products are determined by the bids or offers of buyers interested in
buying them based on their individual estimation of value of and need of the products. The person offering the highest bid at closing of auction receives the right to purchase the products at the bid price. The winner of the bid is normally legally bound to buy the item auctioned. In recent times auctions have been conducted online.

The benefits of auction are many. Some of the significant


advantages are:

a)The auctioned item fetches the highest price in the given situation. Thus, in a way there is the maximization or optimization of profit.

b) At an auction the goods are almost certainly disposed off after bidding by their sale to the highest bidder. Hence,
this serves as the right podium for disposing or selling out of accumulated goods. Otherwise, business could have become
stagnant due to the stocking of these goods. Certain items could also have perished (in case of perishable goods) or expired if not sold out in time.

c) In case of auctioning a variety of articles may come up for sale, which may not be otherwise available in the market.
The buyer can get quite surprised by looking at a treasure trove of antique articles available at an auction.

d) An auction can also be considered as a method for estimating the value of certain commodities which have hitherto undetermined or variable prices.

About the author:
Author bio:
Author: S.M
http://www.autocastle.com/
http://www.autocastle.com/dealers.asp

 

Yahoo! Auctions - Buy and Sell Sports Cards, Coins, Collectibles ...
Experience the best Auctions marketplace. Yahoo! Auctions is now FREE. List your auction for FREE, host your own images or Bid to buy great new and used ...
auctions.yahoo.com
 
eBay - New & used electronics, cars, apparel, collectibles ...
... and everything else on eBay, the world's online marketplace. Sign up and begin to buy and sell - auction or buy it now - almost anything on eBay.com.
www.ebay.com
 
Auction Fire - Free Auctions - Online Auction Site - Internet Auctions
Auction Fire is a free online auction site. An ebay alternative offering free auctions. Internet Auctions Website. Buy or sell in thousands of internet ...
auctionfire.com
 
U.S. Treasury - Seized Property Auctions
Auctions - real estate, cars, trucks, vans, homes, boats, aircraft, motorcycles, jewelry, electronics, antiques, luxury items, furnishings, household goods, ...
www.treas.gov
 
Government Sales and Auctions: FirstGov.gov
Official site for information on all sales and auctions of government surplus property and assets.
www.firstgov.gov
 
eBay Australia - Buy or sell practically anything on eBay, the ...
eBay Australia offers online shopping and online auctions in Australia at eBay.com.au. *Conditions apply. The Buyer Protection Program is subject to the ...
www.ebay.com.au
 
Clearance Center - Overstock Electronics, Discount Computers ...
Provides auctions for computer systems, hardware, and software.
clearance.cnet.com
 
Indiatimes Auction : Digital Entertainment & Lifestyle Shoppe
Indiatimes > Shopping > Auctions. Choose Categories ... Big Brand Auctions. 1.5 T window AC with LCD remote ... Limited Quantity Auctions ...
auctions.indiatimes.com
 
MSN Shopping
Shopping tools including product guides, gift finder and gift certificates and links to online shopping sites with special offers.
shopping.msn.com
 
Auction - Wikipedia, the free encyclopedia
Dutch auction: In the traditional Dutch auction the auctioneer begins with a ... ("Dutch auction" is also sometimes used to describe online auctions where ...
en.wikipedia.org
 
QXL Ricardo plc. the online auction house | Investor Relations
Online auction with offers for European consumers, including arts, collectibles, cars, computing, consumer electronics and entertainment.
www.qxl.co.uk
 
Disturbing Auctions
This site is dedicated to the research and study of the most bizarre items found for sale on internet auction sites. Not the obviously fake auctions, ...
www.disturbingauctions.com
 
Internet Auction List - Largest Auction Directory
Find all kinds of auctions divided by types of items.
www.internetauctionlist.com
 
Overstock Auctions - Online Auctions at Overstock.com - An auction ...
Overstock.com Auctions your home for Online Auctions. Find great deals on thousands of live auctions. An alternative to eBay, this auctions site is the ...
auctions.overstock.com
 
Airline Tickets, Cheap Hotels, Vacation Packages & Travel Deals
The internet leader in Travel Auctions & Buy it Now deals to see the world. Our Lowest Price Guarantee on airline tickets, hotels, cruises, ...
www.skyauction.com
 
onSale.com Low Prices - Computers, Consumer electronics, Digital ...
onSale – Don’t just buy it. Get it onSale! onSale has the best selection of computer systems, peripherals, software, iPods, iPod accessories, ...
www.onsale.com
 
A Survey of Auctions
Defines in lay-terms the various types of auctions, including English Auctions, Dutch Auctions, and Double Auctions. A brief history of auctions and ...
www.agorics.com
 
DoveBid - Industrial Auctioneers, Machinery Auctions, Capital ...
Buy & Sell surplus, used business, industrial machinery, laboratory, R&D equipment at DoveBid, the leading global provider of capital asset management and ...
www.dovebid.com
 
Neopets - New Neopian Auctions
Neopets - New Neopian Auctions. Oops! You cannot view this page because you are not logged in, or perhaps you have not created an account yet! ...
www.neopets.com
 
Car Auctions, Auto Auctions, Online Car Auctions, Salvage Auctions ...
Car Auctions, Auto Auctions, Online Car Auctions. Pickles Auctions is an Australian owned Auction company, specialising in auto vehicle, truck and car ...
www.pickles.com.au
 
 

 
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