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eBay Listing Service : Make Managing Your Auctions Easy
Do you want to have a lot of auctions going but don’t have time to keep track of them all? Trust me, you’re not alone. With more and more people making significant portions - if not all - of their income from their eBay auction websites the need has...
eBay Thieves Make Auctions Tougher
The online auction world was shocked by the biggest eBay fraud in its seven year history. What made it even more astonishing is the fact that the crooked seller has a five history of successful sales on eBay, accompanied by thousands of glowing...
Grab Your Dream UK Home On The Cheap - Property Auctions
Did you know that every year thousands of UK properties are sold at significantly below market value? The majority of these properties are released through property auctions where regular savings of between 10% to 40% are available to market...
Online Auction Sites are Great Places to start Selling
So you decided to start a small online business. Most entrepreneurs can't wait to get their online business started and begin to rake in the cash. Entrepreneurs interested in an online business usually pick between two major revenue streams- auction...
Take Advantage of Mistake that Auction Seller Made
Now one of the most fun and most profitable auctions you can
find is misspelled items. You might be able to get a tidy profit
of $50 or $70 dollars easily by searching for items that auction
seller make mistake in placing their ad. One man lost...
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EBay Introduces A New Way To Increase Your Auction Profits Without Risk
A New Feature You Can Use To Increase Your eBay
Profits
Until very recently, you had three ways to run an eBay listing
for a single item.
You could either:
(a) Run an auction i.e. upload your item with a starting bid and
leave it to the mercy of the bidders
(b) Decide how much the item was worth and list a Buy It Now
(BIN) listing or
(c) Upload an auction but add an extra Buy It Now price to it so
the auction finishes immediately if someone buys your item for
the BIN price. If someone bids then the BIN option
disappears.
However, eBay has now added a great new feature allowing
potential bidders to Submit An Offer.
So, how can this be used to profit?
If you have read any of my previous posts you will know that I
like to use BIN listings for almost all of my items.
There are two main reasons for this:
(1) Auctions are risky. eBay can be a very fickle place and one
week an item may go for hundreds of pounds and the next it may
go for pennies. Auctions depend on willing bidders, if there are
very few willing bidders your item may be sniped at the last
minute for next to nothing.
(2) Some users, those who know the value of the items I offer,
are happy to buy at the price I determine as the BIN price. They
buy and receive the item very quickly meaning that both parties
are happy.
eBay has now added a new option allowing potential buyers to
offer a price at which they are willing to buy.
This is great news for all eBay sellers. Now you can list an
item with a high BIN price and ask potential buyers to offer
their Best Price. If the price is acceptable, the seller can end
the auction there and then and the buyer is obliged to buy the
item
at the price they offered.
Now, you no longer have to worry about your item being sold for
next to nothing, you can invite offers and pick the winning
bid!
For example:
Say you had a rare antique plate which you bought for £100. You
know that the plate is worth £500 and you are not willing to
auction it off for fear of it selling for pennies.
Because of this new ruling from eBay, you could list the plate
with a Buy It Now price of £500 but also include the "Submit
Best Offer" feature so interested parties can basically bid
their highest bid.
If, during the duration of the listing, you do not receive the
price you want, you do not need to sell it.
However, say 3 people submit their best offers, at £300, £350
and £400, you can pick the highest offer and sell to that
person. Your item has now sold for 4 times what you paid for it
and you are at no risk whatsoever of losing money.
The "Submit Best Offer" feature is like an auction where you can
determine what the end price is. If no-one offers the price you
want, let the listing expire and list it again. Wait for your
best offer.
To use this new feature to its best ability I would set the BIN
price to a little higher than what the item is worth. In the
description, mark clearly that you are open to offers and steer
the interested buyers to the Submit feature.
You never know, someone may just buy the item for the BIN price
and save you a lot of work!
About the author:
Ben Catt is an active eBay buyer and seller and runs an eBay
Tips and Tricks website found at http://www.BenCatt.com. He
also runs a business opportunity information site - http://www.BizOppsUK.com
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auctions.indiatimes.com |
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MSN Shopping |
Shopping tools including product guides, gift finder and gift certificates and links to online shopping sites with special offers. |
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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 |
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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 |
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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 |
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Internet Auction List - Largest Auction Directory |
Find all kinds of auctions divided by types of items. |
www.internetauctionlist.com |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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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