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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....
Auto Auctions - The Right Place For Bargains
Among the different kinds of auto auctions, car government auctions are perhaps the most lucrative. Here you can really get a great bargain on a new or used vehicle. These government auctions are selling vehicles that have been seized or...
Automating Your Online Auction Business
Automating Your Auction Site If you sell on auction sites, then
you know how profitable a small auction business can be. If your
products are selling like wildfire and you can't keep up with
the demand of organizing your business, here are some...
Buying At Auction Can Be A Thrill -- Just Don’T Pay More Than You Have To
There are many things to keep in mind when buying at auction, particularly in the fast-paced world of e-commerce. If you’re a first-time buyer and you’re not careful, you could spend a lot more money than you need to.
The first thing to...
Top 10 Reasons Why Ebay Auctions Fail.
Are you finding that auction after auction fails to attract any
bidders or buyers? It happens to the best of us sometimes - take
a good look at these things to see if any of them could be
making your bidders avoid you.
The starting price was...
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Drive Yourself to More Auction Money
Big ticket items are increasingly popular on eBay.
Cars are probably one of the best examples of this.
In fact, eBay is the largest dealer of used cars in the USA. And eBay's car sales in the UK is also growing significantly. Every 16 seconds, a car is sold on eBay!
If you're an eBay seller, here's an idea you might like to consider to make extra cash.
The vast majority of car dealers don't use eBay. They advertise in the press, usually locally, and their customers likewise usually live within reach of the car dealer.
What eBay Motors has successfully proved is that people will bid on cars from owners hundreds or even thousands of miles away.
Why not take your eBay selling expertise, and offer your services to car dealers in your area?
You know how to create auctions, take and upload photos, and manage auctions. The dealers have vehicles which are getting a tiny fraction of the exposure which eBay could offer.
You might decide to offer this to dealers on a no-cost basis. In other words, you bear the cost of eBay's listing and selling fees. The benefit here is that there is no reason why the dealer shouldn't give you the go-ahead. They could get a sale without cost to them and no extra effort on their behalf. That's what I call a no-brainer!
Alternatively, you could pass on the fees to the dealer on the basis that they would be spending money anyway on press advertising.
The other commercial arrangements are simple. You could work on a commission, where you get a percentage of the sale price. Or you could agree a price which the dealer will accept
for the sale of the car, and anything you can get above that price is your profit. This would work particularly well if the dealer has had a vehicle for some time, and has no interest in it.
The best types of cars to sell on eBay are those that are unusual for one reason or another. It might be vintage or classic vehicles, sports cars or high value models. You're best to avoid what might be termed "normal" cars. It also depends on the kind of dealers you have in your area.
One of the major potential problems is easily handled. You can't expect the dealer to cease trying to sell a vehicle which you have on eBay auction. In every auction you run for a car, you state that the vehicle is also on sale in other ways, and that you reserve the right to withdraw it before the end of the auction period. You will see such statements on many eBay car auctions.
This idea doesn't have to be limited to cars. There are big ticket item opportunities in several categories. You're looking for retail outlets which tend to concentrate on local advertising and local trade. Examples of this would be jewellers, antique traders and real estate operations.
With big ticket items, just one or two sales per week could make a significant difference to you.
Worth thinking about!
About the Author
Brian McGregor specializes in showing website owners how to make more money from their sites by applying inventive and original use of eBay. For a free copy of ‘The eBay Traffic Funnel’ which shows how to use the power of eBay to make more money with your website, visit http://www.more-auction-sales.com/websites
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| A Survey of Auctions |
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