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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 hopes for online vanity plate auctions Glenwood Springs Post Independent Antiques and Collecting | French artist’s pottery a frequent seller at auctions The Columbus Dispatch It was the nation’s largest auction of enslaved people. Now, a search for descendants of the ‘weeping time.’ The Washington Post This Week's 5-Year TIPS Auction Looks Mildly Interesting Seeking Alpha Cleveland police to auction off abandoned, forfeited vehicles Saturday WJW FOX 8 News Cleveland Peek at Anthony Bourdain's personal keepsakes at an auction in Texas The Dallas Morning News Kurt Cobain’s unwashed cardigan from ‘Unplugged’ goes up for auction New York Daily News Classic car auction rolls into Las Vegas for 3-day event Las Vegas Review-Journal Want an Anthony Bourdain keepsake? Now’s your chance with an auction of his possessions. The Washington Post 38 properties on Warren County tax auction list Glens Falls Post-Star Olivia Newton-John Auctions Iconic 'Grease' Costume (and More) for a Cause Hollywood Reporter Owner, 88, conflicted over auction sale of Lone Pine Market Observer-Reporter Swedish Government Auctions Cryptocurrency Again Bitcoin News Larry's likes at Mecum Auctions third annual Las Vegas sale The ClassicCars.com Journal Up for Auction: Snapshots of Jackie Kennedy in India and Pakistan The New York Times Steamboat To Auction Ski Run Signs CBS Denver Cleveland Police auto auction preview: See 54 cars, trucks, motorcycles available Saturday cleveland.com 1st cabin placed on new gondola at Steamboat Resort; online auction of old trail signs opens Monday Steamboat Pilot & Today Vanity plate auction raises thousands for disabled Coloradans The Denver Post Lee Radziwill Christie's Auction: Treasures From the Homes and Closets of an American Socialite Vanity Fair Will carriers bet big at the third mmWave 5G auction? FierceWireless Imperial Mall up for auction at end of October Hastings Tribune Penny auction set at church The Greater New Milford Spectrum Huge auction showcases life of 'The Clock Guy' Olean Times Herald Couple takes an unexpected plunge into online auctions Mankato Free Press Rihanna's Brother Touts Luxury Cigar Label With Auction of $1.2M Box Sets Hollywood Reporter Conestoga House headed for online auction in November LancasterOnline Annual plant sale and tree auction KJCT8.com 1-of-40 Ford GTX1 roadster conversion up for auction Motor Authority JPD vehicle auction begins next week Juneau Empire 77-Acre Solar-Powered Farm in New Jersey Heads to Auction Mansion Global Virtual Tour: Autumn Auctions Hong Kong 2019 Christie's Paul Walker's personal car collection is going up for auction Business Insider ‘Every acre counts’: The mad dash to save historic Hilton Head land from tax auction Hilton Head Island Packet Leading Wine Auction House Acker Partners with CellArt wineindustryadvisor.com John Curley’s adventures falling off the stage at an auction MyNorthwest.com Pieces of 'Camelot' up for auction in Amesbury The Salem News Coal mine auctions: Ministry will allow mines with less than 3 bidders to go under hammer BusinessLine Ethereum Name Service Auctions Halted Because of a Bug Cointelegraph Legendary golfer Gary Player auctions replica Claret Jug from 1968 Open Championship victory Fox Business Lee Radziwill Auction Includes Gifts Shared With Jackie Kennedy Onassis Hollywood Reporter Ferraris dominate Bonhams collector car auction at Zoute GP The ClassicCars.com Journal Parmalat Founder’s Art Collection Heads to Auction in Milan The Wall Street Journal 32-Acre Estate in Colorado Will Hit Auction Block Next Month Mansion Global Online auction of assets in IBC resolution Economic Times |
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