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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...
Choicest enclosed utility trailers at online auctions
Take advantage of online trailers sales at dynamic auctions sites which offer you a unique opportunity to choose a trailer suited to your requirements at affordable rates. Search the trailer category you want and you can see a number of...
How To Upsell Your eBay Auction Bidders
How to effectively cross-promote items in your eBay Auctions to boost sales. Includes simple how-to instructions for eBay sellers.
Now tell the truth- You sprung for that candy bar near the checkout line last time you went grocery shopping...
Online Auction Fraud
As the e-commerce industry continues to grow, so does internet fraud. Most people aren't aware that the fastest growing segment of internet fraud isn't identity theft but rather online auction fraud and it's not just buyers who are being ripped...
Police Auctions & Government Auctions Professional Resource Information
Police Auctions Information: No, a police auction is not where you go to buy a policeman. Most people do not realize that police agencies, including local police departments, county sheriff departments, as well as state and federal law enforcement...
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What You Can Learn From Competing Ebay Auctions.
If you've a savvy businessperson, the chances are you've already
taken a look at your competitors' auctions. What you might not
have realised is just how much you can learn if you know what
you're looking for.
To begin with, don't bother looking at listings that haven't
ended yet - you don't know what's going to happen with them.
Instead, use the advanced search page to search for listings
that sold. Just go to the advanced search page, type in the
keywords that you know will find your competitors' items, tick
'Completed listings only' and set the minimum number of bids to
1. Set it to sort by 'Price: highest first'.
This will show you auctions competing with yours that have
recently finished, starting with the ones that sold for the most
(ignore any with prices in red - they didn't sell). Go through
and take a look, paying special attention to the following
points:
Titles. What information do the top sellers of your item put in
their titles, and what do they leave out? If your titles are
very different to theirs, it might be time for a rethink.
Descriptions. You'll probably notice that the highest sellers
haven't just copied text from the company's website or an
Amazon.com review - they've gone to the trouble of writing a
little about the item, and about themselves. Learn from their
example.
Pictures. I can almost guarantee you that the listing will have
very nice pictures - not catalogue quality, but good enough to
see what you're getting. With items of any significant cost,
you'll probably find more than one photo from different
angles.
Style. Is it written conversationally, or in terse businesslike
language? The way you should write entirely depends on what the
market seems to like - and the market seems to like what the top
sellers wrote.
Time. It's pretty easy to ignore this as a factor without
meaning to, but pay attention to when the top selling items'
auctions began and ended. This might give you a few clues about
the best to catch buyers who will bid highly on your item, and
then you can schedule your items accordingly.
Price. If your competitors are selling using Buy it Now, you can
see what the maximum is that they've managed to sell for
recently, and set your own Buy it Now price slightly below that.
Shipping. Look around to see the sweet spot for shipping. If you
can figure out a way to get your shipping costs lower than the
highest sellers, then this is a great opportunity to
differentiate yourself in the market.
Once you see what works, you can start to emulate your
competitors - of course you can't just copy them completely, but
you can structure your auction similarly and make sure it
includes the same information.
If you want your items to do even better, then start stocking
the items in your category that are the most in-demand. We'll
show you how to tell what's selling and what's not in our next
email.
About the author:
Kirsten Hawkins is an Ebay and internet auction enthusiast from
Nashville, TN. Visit http://www.auctionseller411.com/ for more
great tips on how to make the most from Ebay and other online
auctions.
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| 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, ... |
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| Find all kinds of auctions divided by types of items. |
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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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| Defines in lay-terms the various types of auctions, including English Auctions, Dutch Auctions, and Double Auctions. A brief history of auctions and ... |
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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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