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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 Castle Built for a Carnegie Will Sell at Auction Mansion Global Long-Lost Klimt Painting Sells for $37 Million at Auction The New York Times Treasures From the Titanic Are Up for Auction, Exciting Collectors The New York Times Ukraine Auctions Off $200M Russian Yacht The Maritime Executive BloodHorse MarketWatch: Classic Contenders at Auction BloodHorse.com E.C. Stoner's Phantasmo Debuts in Dell's The Funnies #45, at Auction Bleeding Cool News Al Capone’s pistol ‘Sweetheart’ up for auction in Greenville Live 5 News WCSC Chamberlain auction professional earns industry's top designation Tri-State Livestock News Real Estate Quarterly: Auctions On the Rise Los Angeles Business Journal Investors Flock to Two-Year U.S., German Bond Auctions but For Different Reasons The Wall Street Journal Friends of the Baxter County Library Auctions ongoing until Tuesday Mountain Home Observer Car auction 1 TV Winston-Salem Journal Sonja Morgan is auctioning her NYC townhouse after 11 years spent on and off the market New York Post VCSU Scholarship Auction Get Big "Groove" | News Dakota newsdakota.com ViaBTC auctions 'epic sat' after mining Bitcoin's halving block and holding back rewards - The Block Portrait by Gustav Klimt sells for $32m at Vienna auction Al Jazeera English Al Capone's “Sweetheart” Colt .45 Pistol Announced for Auction by Richmond Auctions Chronicle-Tribune Infamous Gangster Al Capone's Gun To Be Auctioned Daily Caller Portsmouth, NH moves to auction off three seized downtown properties Seacoastonline.com ‘Real Housewives of New York City’ star’s Manhattan townhouse up for auction at $7.5M PIX11 New York News Get a slice of country house living at this week's auctions The Irish Times Pantera Buys Discounted SOL in FTX Auction Crypto Times Muhammad Ali’s former lawyer auctions off hundreds of items signed by ‘The Greatest’ KTLA Los Angeles Al Capone's "Sweetheart" Colt .45 Pistol Announced for Auction by Richmond Auctions StreetInsider.com Stack's Bowers Galleries to Hold Islamic and Central Asian Focused Collectors Choice Online Auction Greysheet Daily News U.S. Treasury auctions off $44 billion of the seven year notes at a high yield of 4.716% - ForexLive John Lennon’s ‘Help!’ Guitar Headed to Auction After Spending the Last 50 Years in an Attic Rolling Stone 2002 Ford Thunderbird With Just 54 Miles Up For Auction Ford Authority Auction house opens for business in Utica The Central New York Business Journal 46th Media Auction Magoffin County Rescue Squad Salyersville Independent A lost guitar that belonged to John Lennon is going up for auction in NYC. Here's where to see it. CBS News TAG to host annual Gala and Art Auction High Point Enterprise US sets plan for 12 offshore wind auctions over five years 1470 & 100.3 WMBD A Buyer’s Guide to Wine Auctions SevenFifty Daily Kentucky Wildlife auction surplus sale scheduled for May 6 Kentucky Today Kentucky Fish and Wildlife spring auction set for May 6 - Kentucky Department of Fish & Wildlife Kentucky Fish and Wildlife Roncalli Pierside Auction turns 40 in 2024. It will be John Jagemann's last as emcee after 39 years. Herald Times Reporter Important Handwritten Issac Newton Manuscript on Alchemy to Auction Fine Books & Collections Magazine |
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