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10 Things You Should Know Before You Bid On A Business Product From An Online Auction
1. Know the value of the product before you bid. If the product is brand
new, check to see what price retailers are charging for it. If the
product is used or reconditioned, you will want to pay way less than the
retail value.
2. If the...
Mistakes To Avoid In Your Ebay Auctions
Online auctions continue to grow in popularity as an easy and efficient way to make money on everything from unwanted household items to rare and expensive collectables and even to bulky items like cars. Log on to eBay and you will see countless...
Selling on Auction Sites
Reprintable Article: Permission is granted for the following article to forward, reprint, distribute, use for ezine, newsletter, website, offer as free bonus or part of a product for sale as long as no changes are made and the byline, copyright, and...
The top 10 reasons why auctions fail on eBay
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 too...
Using Online Ebay Auctions to Promote Your Website - Confessions of a True Traffic Junkie
If you are looking for traffic to your e-commerce site, you should look no further than Ebay. The reason for this is Ebay is an online auction site that has a huge following and millions of hits on a daily basis. Because of this, if you have your...
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Mistakes To Avoid In Your Ebay Auctions
Online auctions continue to grow in popularity as an easy and efficient way to make money on everything from unwanted household items to rare and expensive collectables and even to bulky items like cars.
Log on to eBay and you will see countless auctions on any item you can imagine. As eBay auctions grow in popularity, it becomes harder to make money with your auction because it often gets buried or overlooked with all the competing auctions in the same category. Therefore, to make money on your auction, it is important to set your auction apart and avoid common eBay auction mistakes. Here are 3 important areas that you must take note of:
1. Wrong product category or product category not specific enough. Not doing enough research. As it is relatively simple and inexpensive to auction an item, many sellers simply do not put in enough effort researching the market. The result is that the auctions are put up in the wrong category. This would be tantamount to pitching your deal to the wrong market.
However, if you are marketing your product in traditional channels and paying money for your promotions, you are likely to do a lot more research and legwork. If you want to earn a serious income, then you should not treat your eBay auctions any differently.
To research, find the best eBay category to put your product auction in. If you are selling coins, eBay shoppers do not have the time to search all 38,000 plus auctions put up under the category of coins. You need to define your product category as specific as possible. You will then target the true
eBay shoppers that are likely to be interested in your auction.
2. A blurred or ugly looking image. Be sure your eBay auction has a clear professional looking image. Pay heed to the saying “A picture speaks a thousand words”. Also, don’t forget to ensure that your image file size is not too large. If the image takes minutes to download, the typical eBay shopper is bound to skip your auction.
3. Incomplete and unclear product description. Be sure to give a detailed and precise description for your eBay auction item. For instance, you can give exact dimensions of the product or give specific details about the condition of the second hand item. An incomplete or unclear description is not likely to attract bidders for your item.
All in all, the best exercise I can suggest is to visit your Ebay auction and honestly ask yourself if you would be even tempted to put in a bid for this product.
If the answer is no or even probably not, then change it. If you are passionate about your auction and take the time to make it professional, your auction is likely to stand out. Make the effort to do it right and you are likely to have successful auctions.
About the Author
Evelyn Lim is an online publisher of a FREE newsletter aimed at helping aspiring home based business owners. She also hopes to educate her readers on skills to acquire multiple sources of online income. To subscribe to her newsletter, please visit http://www.e-BizMap.com or her blog at http://www.EvelynLim.com.
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