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Net Auctions and Auction Information |
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Smart Ways Your Business Can Benefit From Online Auctions
It seems as if everyone is talking about online auctions. And why not. There are thousands of online auctions on the internet 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 an online auction. Your unsold inventory is doing you no good sitting around, collecting dust. It's an effective way to make extra income and it won't be a total loss for your business. You could even get lucky and make a profit depending on 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 what people will bid for them at an online auction. First, sell your product at three different online auctions. Next, calculate the average selling bid from all three auctions and that will be your selling price for your new product. 3. Sell Your Products You can get your product in front of a large audience by selling it at an online auction. Some of the bigger auction sites draw over millions of hits a year. The key to being successful is to sell your product at multiple online auctions at the same time. Let's say you sold one product a day from just one auction site. If you sell your product at one hundred online auction sites that would be one hundred sales a day! 4. Start Your Own Online Auction Drive traffic to your web site by starting your own online auction. People will visit your web site to find bargains and to sell their own products. You will get plenty of repeat visitors from people rebidding on products and adding new products to sell. You could also charge other businesses to advertise on your web site. 5. Lower Your Business Costs You can find lower prices on business supplies and equipment at online auctions. I'm not saying all the time, but before you go pay retail for a new printer try bidding on one first. A company may be selling them at a lower price at an online auction because they have excess inventory. ---------------------------------------------------------
MORE RESOURCES: Big Oil’s Wishlist: The Hottest Oil Auctions In 2020 Yahoo Finance PODCAST: Doug Hadden of ACV Auctions Auto Remarketing Auction calendar: December 13, 2019 Wisconsin State Farmer Serena Williams' smashed US Open racket auctions for nearly $21G -- after ball boy sold it for $500 Fox News Dan Imler Joins Heritage Auctions as Vice President of Sports Division Sports Collectors Daily Belgian art collector sues over Gary Picasso auction: ‘Technically, it was sold to you.’ Chicago Tribune Auction 103 concludes second round with $715M in bids FierceWireless TCA Stallion Season Auction Set for January BloodHorse.com FCC's Next 5G Spectrum Auction is Underway Telecompetitor Office building on 280 corridor set for auction Birmingham Business Journal The 9 most expensive Disneyland items sold at auction featuring 1,500 theme park collectibles OCRegister Bike auction coming in La Crosse due to surplus News8000.com - WKBT Trucks, Tractors And Trailers Draw Crowd, Big Bucks At Fort Worth Auction CBS Dallas / Fort Worth For Auctions, It’s ‘No Froth,’ but ‘Steady.’ That’s the New Normal. The New York Times Westminster annexing former Livestock Auction, site planned for 40 workforce housing units Baltimore Sun Sicilian Homes Went Up for Auction Starting at €1. More Than 100000 People Called. The Wall Street Journal Christie’s Will Launch a New Hong Kong Auction to Coincide With Art Basel, Undeterred by Ongoing Protests artnet News Auctions are not always fun and games | Agri News PostBulletin.com Senate Commerce Committee OKs C-band auction bill FierceWireless Airplane auction coming to Fort Worth Spinks Airport Fort Worth Star-Telegram Autographed Ayrton Senna helmet brings $102,000 at auction The ClassicCars.com Journal Rocky start for inaugural hemp auction, but more events are planned Hemp biomass auction off to a rocky start with more events soon Hemp Industry Daily Bulletin board auction is just heating up | News, Sports, Jobs The Daily Times Matsu Sushi closes, auction canceled Westport News Mecum auto auction sells $9M in KC — here's a look at the 10 highest-priced vehicle sales Kansas City Business Journal From cancelled fairs to street art's auction room takeover: the art market's fruitiest stories of 2019 Art Newspaper Royal Treasures from Queen Elizabeth's Aunt and Uncle Head to the Auction Block TownandCountrymag.com Fall Art Auctions See Significant Declines The New York Times Mecum Auction sells more than 400 collector cars for $9 million at Bartle Hall WDAF FOX4 Kansas City 2 McLarens, 2 Lamborghinis among luxury vehicles at weekend auction Mexico News Daily Mecum does $9 million at its KC collector car auction The ClassicCars.com Journal FCC's Latest 5G Spectrum Auction Gets Underway Multichannel News Horace Mann Students ready to bid at live auction KELOLAND.com DFW company to auction off $28M worth of aircraft in rare event Dallas Business Journal Looking For Property? DNR Public Land Auction Starts Tuesday WWJ Newsradio 950 Rare art, collectibles up for auction in Detroit Crain's Detroit Business Legend Rare Coin Regency Auction 35 CoinWeek Gavel will drop one last time at Suess Auctions PostBulletin.com Bard on the auction block: Mills College selling rare Shakespeare collection that could fetch millions East Bay Times Do I hear $1,000? Auction of Hahnemann University Hospital equipment begins Philadelphia Business Journal NOAA: Rafaels misreported fish disappeared at Whaling City auction SouthCoastToday.com Michigan DNR to auction off 147 parcels of public land Detroit Free Press DNR land in St. Clair County set for auction The Times Herald PHOTOS: Auction items at Vineland landmark Limpert Brothers Vineland Daily Journal C-Band Auction Bill OK’d by Senate Commerce Committee TV Technology Child Safe to host inaugural dessert auction | Free Sedalia Democrat Tiny home built by students up for auction NEWS10 ABC Farmland Auctions: A Wild Day in Southeast South Dakota Successful Farming Silent auction held to benefit United Way | News, Sports, Jobs Marquette Mining Journal Glinda's 'Wizard of Oz' Test Wand, Mitzi Gaynor’s Costumes Up for Auction Hollywood Reporter Michigan to auction 150 parcels of public land The Detroit News Surplus Public Landing Going to Auction 9&10 News |
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