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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: Massive David Lynch Auction Includes Scripts, Cameras and So Many Coffeemakers (Exclusive) The Hollywood Reporter Young family pays $6.55 million to upsize to home in Roseville The Sydney Morning Herald Diddy’s prison outfit up for auction that he wore in ‘Monster’s Ball’ decades before current lockup New York Post Failed Sotheby’s auction of $70M bust leaves art insiders speechless — are collectibles no longer covetable? Yahoo Finance Rare vintage baseball card collection up for sale includes Babe Ruth, Lou Gehrig, more Canton Repository Tompkins County plans department shuffle, auction Fingerlakes1.com Diddy’s “Monster’s Ball” Prison Fit Goes Up for Auction as He Battles Real-Life Charges Baller Alert Hundreds of David Lynch's Personal Items Are Up for Auction — Including His Director's Chair hypebeast.com David Lynch Auction: His Director’s Chair, Espresso Machine, Red Curtain and More Up for Sale Variety PKL Season 12 auction: Full list of players bought and their bids ESPN Philippines West Virginia State Treasurer delivers auction funds to Wood County Sheriff’s Department News and Sentinel Want your own fire engine? Fate fire district auctioning truck for good cause NBC 5 Dallas-Fort Worth New York’s Spring Auctions Aimed for Trophies. They Got Troubles. The New York Times Eagle Radio Auction LIVE, BID NOW! Hays Post Our Online Silent Auction is LIVE — and it's overflowing with incredible generosity from our amazing community! Cape Gazette Dave & Buster’s auctions off items from Ward location Hawaii News Now North Dakota woman shares story behind field of classic cars set for auction The Bismarck Tribune 1991 Lincoln Mark VII LSC With 57K Miles Up For Auction Ford Authority 1948 Ferrari Sets Record as Broad Arrow Celebrates First European Auction at Villa d’Este Yahoo! Autos 2002 Lincoln Continental With 65K Miles Heading To Auction Ford Authority Blockchain-Powered Online Auctions Trend Hunter US treasury auctions off $44 billion or 7 year notes at a high yield of 4.194% Forexlive | Forex News, Technical Analysis & Trading Tools Antique toys from late Allentown’s man extensive collection up for auction. Here’s a look The Morning Call Why rare auction of legendary T206 Honus Wagner card is attracting multi-million dollar bids The New York Times Valentine Livestock Auction The Norfolk Daily News AP Government launches online auction for surplus equipment Pelican Post - Online Newspaper Infamous Liner Turned Cruise Ship to Be Sold at Auction 77 Years After MV The Maritime Executive Hesitation Ahead of Treasury Auction and Month-End Mortgage News Daily March Government Surplus Auctions to Feature Vehicles, Equipment for Sale; Bidding is Online Only Clark County (.gov) CORNWELL AUCTION - Ad from 2025-05-31 The Grand Island Independent Creating local value: renewable energy auctions in Colombia Stockholm Environment Institute David Lynch’s Personal Archive Going Up for Auction Consequence of Sound MI Dream Home: Bay Harbor estate sits off Little Traverse Bay The Detroit News Phillips presents Standalone Damien Hirst Auction followed by the Evening & Day Editions auctions. FAD Magazine Abandoned vehicle auction scheduled for May 9 The Ithaca Voice The largest ever auction of Princess Diana’s clothes is taking place soon – here's what to expect Tatler ACV Auctions delivers Q1 revenue gain of 25% Digital Commerce 360 My Favorite Ride: Man takes kids to their first auction and ends up with a 1959 Corvette The Herald-Times |
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