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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: No Huawei for bidders in Sweden's 5G auctions Light Reading
Mysteries from Penzler's Private Collection Helped Push Heritage Auctions' Event Past $2.2 Million | Fine Books & Collections Fine Books & Collections Magazine Family affair: Bidding at auctions can be interesting Observer-Reporter ACV Auctions raises $55 million in venture funding Buffalo News One of the final units in The George at 42 set for auction - Louisville Business First Louisville Business First Beatles Letter About Firing Pete Best Goes to Auction Ultimate Classic Rock Chamber's Member Services Auction is open to all businesses Meadville Tribune Former MLB umpire auctions memorabilia for worthy cause Warren Tribune Chronicle Economics Nobel honors pioneers of auction theory Science Magazine Prime Time Auctions sells land to Maverik, new gas station in store for South Pocatello Idaho State Journal Foundation for Blind Children holds virtual silent auction FOX 10 News Phoenix United Way's 'Power of the Purse' auction is underway Terre Haute Tribune Star A Mysterious Autograph Hound’s Book Is Up for Auction The New York Times Police searching for suspect who stole utility truck from auction house in Dighton Boston News, Weather, Sports | WHDH 7News More than $200,000 raised from farm equipment sold at auction Zanesville Times Recorder DNR Hosting Confiscated Equipment Auction krforadio.com Timeless 1950s Collectors Cars Unveiled at Geared Online Auction Sports Car Digest Cherrystone auction Nov. 11-12 offers US, worldwide material Linn's Stamp News Online auction supports Aurora Free Library Auburn Citizen Rare Book Auction in Agoura Hills San Fernando Valley Business Journal Auction Outreach Beyond the Block Agweb Powered by Farm Journal Maine Music Society announces online auction Nov. 7-18 Kennebec Journal & Morning Sentinel Guitars played, partly made by Eddie Van Halen up for auction Kennebec Journal & Morning Sentinel Hindman's Fine Books & Manuscripts Auction Reached $1.2 Million | Fine Books & Collections Fine Books & Collections Magazine Resort furniture, décor up for auction Pacific Business News (Honolulu) Saddleback Ranch auction delayed until next year | Business Santa Fe New Mexican The Y Online Auction & Fundraising Event Now Open Los Alamos Daily Post Items from Turtle Bay Resort going up for auction Hawaii News Now Barrett-Jackson Auction Company CEO on its ‘hybrid’ fall auction, a ‘recession-proof’ business Yahoo Finance State to auction vast parcel of land in real estate hot spot as questions swirl about its value and the bid process AZCentral.com Gary Trepanier real estate assets in Tieton, Cowiche go to auction Yakima Herald-Republic Verizon, AT&T, T-Mobile, Dish submit C-band applications FierceWireless New York's historic Waldorf Astoria hotel auctions off 80,000 items ahead of complete renovation CNN State Street Ballet Auction and Online Event Santa Barbara Independent Garrett Motion Auction Process Yields Improved Bids Business Wire Half of Burnsville Center to go on the auction block ECM Publishers OCTOBER ACTION AUCTION kmmo.com Chiefs Super Bowl ring is already up for auction Yahoo Sports Sales Scene Moves West With Fasig-Tipton Auction BloodHorse.com Upcoming online auction to benefit TCMH Hospice of Care Ozark Radio News Farm auction to benefit Grand Meadow Heritage Center Sioux City Journal Bankrupt Hermitage Offshore Auctions Off Fleet gcaptain.com Shoppes At Pittsburgh Mills Going To Auction CBS Pittsburgh Internal Revenue Service to Auction Home in Porter on 226 Acres pressherald.com Ritzy Waldorf Astoria auction transforms Tauntons Silver City Galleria into bargain hunters dream Fall River Herald News This Beautifully Restored Mercedes-Benz 300SL Gullwing Is Expected to Fetch $1 Million at Auction Robb Report Auction Featuring Vin Scully’s Personal Items Garners Over $2M CBS Los Angeles Selecta Bonds Valued at About 50% in Initial CDS Auction Bloomberg Law Auction of Pete Frates' 'cool stuff' to benefit foundation The Salem News Strip of shops at Pittsburgh Mills in Frazer slated for auction Pittsburgh Post-Gazette Sullivan County Tax Foreclosure Auction set for Oct. 20-21 Times Herald-Record Arbor Hill Up for Auction in Fort Washington Philadelphia magazine T. Rex Skeleton Brings $31.8 Million at Christie’s Auction The New York Times Annual auction moves online | Lewiston Sun Journal The Bethel Citizen Original Rankin/Bass Rudolph, Santa Figures Up for Auction | CBR CBR - Comic Book Resources Vehicles posted online for York County Drug Task Force auction York Daily Record Chatham General Store goes to auction The Gazette COVID-19 Spurs Manheim Digital Auction Efforts Ward's Auto Rare 1794 silver dollar goes unsold at auction in Las Vegas The Associated Press |
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