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Online Auctions: 5 Ways Your Business Can Benefit From Online Auctions
Online auctions are now the new gold rush on the internet. It seems as if everyone is talking about online auctions. And why not. There are thousands of online auctions on theinternet with more popping up everyday. People love them because they can usually find great bargains. Businesses are now also seeing the benefits of online auctions. Below are five ways your business can benefit from online auctions. 1. Get Rid Of Excess Inventory You could sell your excess or discontinued products at anonline auction. Your unsold inventory is doing you no goodsitting around, collecting dust. It's an effective way to makeextra income and it won't be a total loss for your business.You could even get lucky and make a profit dependingon how much people will bid for your excess inventory. 2. Test Pricing For New Products An easy way to test new product prices is to see whatpeople will bid for them at an online auction. First, sell yourproduct at three different online auctions. Next, calculatethe average selling bid from all three auctions and that willbe your selling price for your new product. 3. Sell Your Products You can get your product in front of a large audience byselling it at an online auction. Some of the bigger auctionsites draw over millions of hits a year. The key to beingsuccessful is to sell your product at multiple online auctionsat the same time. Let's say you sold one product a dayfrom just one auction site. If you sell your product at onehundred online auction sites that would be one hundred salesa day! 4. Start Your Own Online Auction Drive traffic to your web site by starting your own onlineauction. People will visit your web site to find bargainsand to sell their own products. You will get plenty ofrepeat visitors from people re-bidding on products andadding new products to sell. You could also charge otherbusinesses to advertise on your web site. 5. Lower Your Business Costs You can find lower prices on business supplies andequipment at online auctions. I'm not saying all the time, butbefore you go pay retail for a new printer try bidding onone first. A company may be selling them at a lower priceat an online auction because they have excess inventory. May you succeed in your online auctions and make a lotof money. Warmly, I-key Benney, CEO I-key, a Millionaire CEO from New York City is the creator of "Mscsrrr: Millionaire Secret Cash System", (home based business) which has helped thousands of ordinary people from all over the world to attain financial security and shining success during the past 2 yrs. Mscsrrr Millionaire Cash System helps you to generate $1,500+/Week for life, from home or office, part time or full time. No large investment or hassles. Win $1000-$2000 free "cash"?
MORE RESOURCES: A Ten Commandments Tablet Sells for More Than $5 Million at Auction The New York Times Rip and replace funds AND an auction: Happy New Year! Fierce Network Junior Caminero MLB Debut Patch Sells For $66,000 At Auction Baseball America Unclaimed treasures find new homes at Oklahoma auction KFOR Oklahoma City Shelby Cobra replica from “Bad Boys” heads to auction Motor Authority Sharing the Shared Rides Through Double Auctions – Lubar College of Business University of Wisconsin-Milwaukee The Most Expensive Diamond Jewelry Auctions of 2024 Only Natural Diamonds Selected Western livestock auctions Capital Press Christie’s Wine Department Final Auctions of the Season Achieved $2.6 Million wineindustryadvisor.com 9 of the Most Exceptional Jewels Sold at Auction in New York Galerie Magazine Ancient Ten Commandments tablet sells for $5 million at Sotheby's auction The Jerusalem Post 2010 Ford F-150 Lariat With 14K Miles Up For Auction Ford Authority Ken Paxton Hits the Brakes on Biden’s Plans for Border Wall Auctions The Dallas Express Pagani Huayra R for sale at RM Sotheby’s Paris auction in 2025 The Supercar Blog Longtime director of Starlight Auction honored North Fort Myers Neighbor Stuttgart Rotary Club hosts record-breaking 74th Annual Radio Auction on Country 97.3 Stuttgart Daily Leader Last bids for 2024, please: collector car auction market in review Magneto magazine Romania declares winners of its wind, solar power CfD auctions Balkan Green Energy News Deal Dash: Historic Second Avenue building heads to auction next month The Business Journals The Auction of a Legend! The 1989 Ferrari F40 Fetches Millions queerfeed.com.br 2002 Lincoln Blackwood With 44K Miles Heading To Auction Ford Authority With repeal measure rejected, WA carbon auction prices surge Washington State Standard 2022 Cadillac XT4 Sits in Auction Yard, Full of Pink Marker Circles. What's Wrong With It? autoevolution Need a car lift, or a dozen of them? Contents of former Erie Toyota dealership to be sold GoErie.com GOP senator moves to block feds from disposing of border wall materials amid auction backlash Fox News Arizona’s unused border wall materials were ordered to be pulled from auction site Washington Examiner Going Into Year 3 Without FCC Spectrum Auction Authority BroadbandBreakfast.com Kaufman's office building at Gravity II in Franklinton appears to sell at auction The Business Journals Bob Dylan Instruments, Handwritten Lyrics, Photos, & More Going Up For Auction - Live for Live Music Bob Dylan Instruments, Handwritten Lyrics, Photos, & More Going Up For Auction Live for Live Music Gravity office auction: What the sale could mean for the Columbus office market The Business Journals GOP hysterics over border wall auction are actually hysterical | Opinion The Arizona Republic Ten Commandments tablet, said to be 1,500 years old, goes up for auction America: The Jesuit Review Brazil to add four more pre-salt areas to future oil auctions Upstream Online 1998 Ford Contour SVT With 36K Miles Up For Auction Ford Authority Ten Commandments tablet surpasses estimates at Sotheby’s despite authenticity questions Catholic News Agency Fall Government Surplus Auctions to be Hosted Online Nov. 19, 20 With Public Preview Starting Friday Clark County (.gov) Without Drama or Banana, Art Auctions Struggle The New York Times MLB sells Aaron Judge dropped World Series ball at auction for $43,510 The New York Times |
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