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List of all Articles in Auctions
Here you can browse through a list of all the article titles in this category, or maybe search for an article that you have seen before and want to read again.
If you can't find what you're looking for here then why not try our related categories section.
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...
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...
Ebay - Online Auction Tips
Buying things in an auction is the most affordable way to obtain
the item a person wishes to have. That is why even the Internet
had provided such sites like eBay in order to provide more
affordable items than what the typical market has to...
Game Theory, Nobel Prize & Auctions - Auction Primer Series – Part 1
The Auction Primer Series is a group of articles to help further educate sellers about auctions; their history, strategies for use, and provide a comparison of various auction sites and types. In Part 1, we look at the more common type of...
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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Beyond eBay: 5 tips for online computer auction sellers.
Get the best possible return from your online computer auction
listing with these 5 professional tips.
Getting the most from your auction listing can take luck, skill,
and experience. These 5 tips will help you with the last part,
and stack the odds in your favor.
1) An image is three times more important than anything else.
This is simple, but it's amazing how many sellers miss it: make
sure your listing has an image. Throughout the industry, a
picture usually generates three times the number of listings
over a listing that doesn't have one. Even if your listing
doesn't seem photogenic, a picture rarely if ever hurts traffic,
provided you aren't so excessive as to slow download times. Make
sure your listing has an image.
2) More details about the item, less about yourself.
Now that you have more possible bidders on the hook from your
image, make sure they don't lose the bait from a lack of
information. And if you are wondering how much detail you should
go into, the answer is too much. Serious bidders want to know
more about your item's condition, not less. More information
establishes that you are serious about giving buyers an informed
choice.
Start with the age and condition of the listing, especially if
the item is used. Follow up with technical specs and manual
information, if applicable. Do not, however, state why you want
to sell your item, unless the proceeds are going to charity.
It's not professional, and it can easily call your integrity as
a seller into question.
3) Keep it factual, not opinionated.
Effective selling copy is factual, not opinionated, and doesn't
insult the intelligence of the prospects. Pepper your listing
copy with facts to ground whatever opinions you want to express,
and don't overstate the capability or quality of the item. Your
buyers are not dumb people. If you treat them as such, they
won't buy.
4) If you are selling a common item, offer a low opening bid and
no reserve.
Getting bidders to compete is your best bet for a great return
on your investment. So, if you have a commonly held item,
consider rolling the dice with a minimum opening bid that's
significantly lower than the market value - all the way down to
$1. The goal is to get more people looking and bidding at your
listing, and there's no better way to do that than give them a
chance at a great deal. With luck, a good listing, and a
well-trafficked auction, your auction will bring a serious
return.
5) State your shipping price in advance.
Many sellers go for the quick buck of overcharged shipping
prices. The problem with this strategy is that for every penny
you make in higher shipping, you'll lose dollars from bidders
that stayed away from your auction. (For maximum traffic and
bidders, consider offering free shipping as well, especially for
light items.)
Bonus tip: Prepare for the sale with personal references. Many
auction sites have merchant ratings, which is nothing less than
your online reputation. Your goal with every sale is to improve
your reputation. After all, this will later impact on your
ability to get bidders.
Until you have this track record, prepare a few names of
personal references that can eloquently speak of your character.
If your buyer needs a reference before they send payment, the
last thing you want is to not have one. This buyer needs fast
and professional reassurance of your good intentions. Make sure
you have a name that's prepared to speak well on that aspect of
your personality.
You can find more information:
http://www.tradingideas4you.com/ebay/promotions/promotions.html
About the author:
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