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10 Things You Should Know Before You Bid On A Business Product From An Online Auction
10 Things You Should Know Before You Bid On A Business Product
From An Online Auction by: William R. Nabaza of
http://www.Nabaza.com
1. Know the value of the product before you bid. If the product
is brand new, check to see what price...
5 Reasons Why Playing Music On Your Auctions Is A Bummer Of An Idea
There are 147 million registered users on eBay, and tens of millions of those are desperately fighting to make sales on eBay. When trying to make their auction listings as powerful as possible, many sellers use ill-advised tactics. They think that...
How To Increase Your Auction's Visibility On Ebay.
Once you've optimised your titles for search terms and your items have short durations to get them near the top of the results, there's really only one sure-fire way to make your auction stand out from the crowd. Unfortunately, it involves paying...
How To Post Your First Auction On eBay
It's very easy and simple to get started posting your first
auction on eBay. This article will cover the steps you need to
follow to get your first auction up.
The first thing you need to do is set up your eBay seller's
account. If you have...
What To Do After Your eBay Auction Closes
So your auction closes. Now what? Hopefully you made a sale or several sales. Now the important work begins. Here are some tips on what to do after your eBay auction closes. Buyer Contact Once your items have sold, be responsive to the buyer....
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Selling on eBay? Here's a Success Tip for Your Online Auctions
Are you planning to sell on eBay? Or have you tried in the past but not had much success with your online auctions? If so, here's a strategy that has worked very well for me.
In my experience, the auction lots where I created a useful collection of related items got more bids and closed at higher prices than auction lots that were all one thing.
For example, instead of listing an auction lot of a simple strand of rose quartz oval shape beads, why not create an auction lot of a neat little "designer collection" of beads?
In this case, you could group some of those rose quartz oval beads with garnet rondells and freshwater pearl beads. These three stones work really well together, and this auction allows the winning bidder to have a lot more creative fun than he or she would with a group of all the same kind of bead.
Combo auction lots like this tend to be more valuable and useful to bidders. In a single auction and for one shipping price, they can get a variety of items instead of just one.
Another advantage of making combined auction lots is that your auction listings will contain more keywords that are being searched for by a much bigger group of bidders. For example, our designer bead collection auction could be found by bidders searching for rose quartz beads, bidders searching for garnet beads, and bidders searching for freshwater pearl beads.
That's a significantly larger group than just bidders searching for rose quartz beads. And a good portion of bidders from all three keyword searches will be watching and considering your designer bead collection auction.
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Now here's where it gets really good:
Not only do you have a higher demand for your combo auction lots - you also don't really have any competition for the exact auction lot you're offering. Other sellers might offer rose quartz ovals, or garnet rondells, or freshwater pearl beads - but not all three together in one temptingly color-coordinated auction lot. If a bidder wants this bead combination, your auction is the only one available to bid on.
So according to Economics 101,
high demand + low supply = higher closing price.
You can make tempting kits or package deals of other auction lots no matter what your niche is. Here are a few ideas:
* assorted colors of polymer clay plus some basic clay tools
* inkjet cartridges plus two packs of fancy printer paper
* padded shipping envelopes plus tape
* scrapbooking pens, stickers, and a paper cutting tool
To bidders, these combination auction lots are much more appealing and valuable. If you're a regular seller of combo auction lots, you'll quickly gain a following of eBay buyers who always check your current auctions to see what irresistible new combinations you have available.
Writer and jewelry artist Rena Klingenberg publishes jewelry marketing secrets several times a week in her Jewelry Business Blog . You'll also find wisdom from eBay experts in the collection of eBay success tips on her main website.
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