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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....
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 Can Online Auctions Benefit Your Web Site?
It seems as if everyone is talking about online auctions. And
why not. There are thousands of online auctions on the
internet with more popping up everyday. People love them
because they can usually find great bargains. Businesses are
now...
How to use eBay auctions to drive traffic to your site
Copyright 2005 Peter Tarrida del Marmol
Many eBay auction sellers rely only on eBay for generating 100%
of their online income. Many of these people are running a
successful auction business; however, they could do even better.
They are...
How To Use Online Auctions As Traffic Generators
Copyright 2005 Paul Jesse There are thousands of online auctions on the internet. People love them because they can usually find great bargains. If you have an online business, you can use them to increase traffic to your web site. You could...
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Beyond eBay: 5 tips for online computer auction sellers.
Get the best possible return from your online computer auction
listing with these 5 professional tips.
Getting the most from your auction listing can take luck, skill,
and experience. These 5 tips will help you with the last part,
and stack the odds in your favor.
1) An image is three times more important than anything else.
This is simple, but it's amazing how many sellers miss it: make
sure your listing has an image. Throughout the industry, a
picture usually generates three times the number of listings
over a listing that doesn't have one. Even if your listing
doesn't seem photogenic, a picture rarely if ever hurts traffic,
provided you aren't so excessive as to slow download times. Make
sure your listing has an image.
2) More details about the item, less about yourself.
Now that you have more possible bidders on the hook from your
image, make sure they don't lose the bait from a lack of
information. And if you are wondering how much detail you should
go into, the answer is too much. Serious bidders want to know
more about your item's condition, not less. More information
establishes that you are serious about giving buyers an informed
choice.
Start with the age and condition of the listing, especially if
the item is used. Follow up with technical specs and manual
information, if applicable. Do not, however, state why you want
to sell your item, unless the proceeds are going to charity.
It's not professional, and it can easily call your integrity as
a seller into question.
3) Keep it factual, not opinionated.
Effective selling copy is factual, not opinionated, and doesn't
insult the intelligence of the prospects. Pepper your listing
copy with facts to ground whatever opinions you want to express,
and don't overstate the capability or quality of the item. Your
buyers are
not dumb people. If you treat them as such, they
won't buy.
4) If you are selling a common item, offer a low opening bid and
no reserve.
Getting bidders to compete is your best bet for a great return
on your investment. So, if you have a commonly held item,
consider rolling the dice with a minimum opening bid that's
significantly lower than the market value - all the way down to
$1. The goal is to get more people looking and bidding at your
listing, and there's no better way to do that than give them a
chance at a great deal. With luck, a good listing, and a
well-trafficked auction, your auction will bring a serious
return.
5) State your shipping price in advance.
Many sellers go for the quick buck of overcharged shipping
prices. The problem with this strategy is that for every penny
you make in higher shipping, you'll lose dollars from bidders
that stayed away from your auction. (For maximum traffic and
bidders, consider offering free shipping as well, especially for
light items.)
Bonus tip: Prepare for the sale with personal references. Many
auction sites have merchant ratings, which is nothing less than
your online reputation. Your goal with every sale is to improve
your reputation. After all, this will later impact on your
ability to get bidders.
Until you have this track record, prepare a few names of
personal references that can eloquently speak of your character.
If your buyer needs a reference before they send payment, the
last thing you want is to not have one. This buyer needs fast
and professional reassurance of your good intentions. Make sure
you have a name that's prepared to speak well on that aspect of
your personality.
You can find more information:
http://www.tradingideas4you.com/ebay/promotions/promotions.html
About the author:
None
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| en.wikipedia.org |
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| Online auction with offers for European consumers, including arts, collectibles, cars, computing, consumer electronics and entertainment. |
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| 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 ... |
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| A Survey of Auctions |
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| Buy & Sell surplus, used business, industrial machinery, laboratory, R&D equipment at DoveBid, the leading global provider of capital asset management and ... |
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