Auction Information

The Top Ten Tips For Auction Success!


If you were to look through eBay, or any other online auction site for that matter, you would find that many people make some very basic mistakes. And, they repeat these mistakes over and over again. As indicated in my book "eBay Marketing Wholesale SourcePak" with a little common sense these mistakes are completely preventable. So to prevent you from making these very same mistakes I have put together the Top Ten Tips For Auction Success.

10. Shipping
Always state what your shipping price will be. And, Do Not try to rip off your buyers by inflating the shipping price to increase your profit. Believe it or not, people do have a fair idea of what shipping costs should be. If they feel you are inflating your shipping price they will not bid on your item and may not look at any of your other auctions either from fear of being ripped off.

9. Customer Support
You must respond to all emails regarding your auctions. Yes, responding to emails is time consuming. But, if you don't, that potential bidder will look else ware for the product and you will have lost yourself a customer.

8. Reserve Price
Do your research on the price for your item. If you must use a reserve price keep it real. If you over price your item you will not get as many bids. And, while all good marketers know there is a time and place for the Reserve Auction, you may actually get more bids using no reserve pricing at all. Do your research to help you make this decision.

7. Item Condition
You must let bidders know what condition your item is in. Is it new and in it's packaging, or used but like new condition. Does it have any imperfections they should be made aware of. A potential bidders will want to know what condition your item is in before making any bids.

6. Terms
This could come under the heading Customer Service. If you have terms on your auction page that read something like this "Not Responsible For Item Once Shipped" or "Item Sold As Is" you will get less bidders for that auction. Be a responsible eBayer, have insurance on the item that your buyer can purchase. And be sure to have some sort of guarantee on your products.

5. Feedback
One of the most important parts of your eBay Business. Feedback is a method eBay uses to allow buyers and sellers to record their experiences with each other. Then, others can check out the feedback of any eBayer they wish to deal with, to see if there has been any negative comments left. Therefore, it is extremely important to keep your feedback rating positive.

4. Auction Start/Close Time
You must plan your auction start/close time around the bidders you wish to attract to your auction. If the product you are selling appeals to the working woman, the best time to start/end your auction would be in the evening or on the weekend. Always create a profile on your product and what group of the population you are selling to.

3. Item Description
Not enough information or too much rambling of information will discourage people from bidding. So too will to many typos. Your item description must be clean and concise. Succinctly provide all the information required to describe the item sufficiently and create buyer interest.

2. Image
You need to use an image on your auction page. Remember a picture is worth a 1000 words! Potential bidders will want to see what the item looks like before they make a bid. With digital cameras, being so affordable these days adding a image to your auction page is easier then ever. But, make sure the image is clear and well lit to show it's detail or any imperfections it may have. Also, keep the image at a reasonable pixel size so your auction pagedoesn't take to long to load.

1. Headlines
This is the most important issue for getting more bidders to your auction page. You must include words that people will search on eBay. And, you must make your headline enticing, so potential bidders will click it. If you are selling an antique make-up table a headline saying old vanity table would not pull in a lot of bidders. But, if you said something like "Vintage Vanity Table - Mint Condition - Collectors Item" not only would you get more potential bidders to view your auction, you would also be usingwords people would search eBay for. Your auction title would appear in searches for Vintage, Vanity Tables, Collectors Items. Therefore, allowing even more potential bidders to see your headline.

Happy Selling!
Joe Clare

Joe Clare is an active Netpreneur and eBayer! He is the author of numerous articles on how to make money online and be successful on eBay! Check out his latest Best Selling eBook "eBay Marketing Wholesale SourcePak" Your Passport to Success! at http://www.ebooksnsoftware.com


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Thailand's PTTEP Q1 profits rise, prepares for gas auctions | Reuters
Reuters
Thailand's PTT Exploration andProduction Pcl said on Thursday first-quarter netprofit rose 21 percent as revenue increased on higher energyprices and that it was seeking growth through the acquisition ofnew assets.

and more »


CNBC

Modigliani nude expected to lead spring art auctions with record price of $150 million
CNBC
Sotheby's on Tuesday unveiled a painting by Amedeo Modigliani that's expected to fetch more than $150 million at next month's auction, making it one of the most expensive ever to go under the hammer. The painting, called "Nu couche (sur le cote gauche ...

and more »


New York Post

JFK's rocking chair is up for auction
New York Post
“This offered American Flag, in our opinion, the most likely and convincingly documented to be THE flag that was anchored to the right side of the hood of the President's limousine,” according to Goldin Auctions. The 28-by-19-inch flag featuring yellow ...

and more »


Cleveland Jewish News

Auction newbies take note: do your research
Cleveland Jewish News
Many people watch antique auction shows on television, but few understand the process. According to Vincent Olivares, co-owner of Not Your Mother's Estate Sale in Valley View, and Carrie Pinney, business manager at Cowan's Auctions in Warrensville ...



Park Cities People

Vaughn Mansion Auction Draws Interest
Park Cities People
It didn't sell at auction—starting bid was $2.9 million—but the event stirred lots of interest. In early April, a potential buyer was in negotiations with the heirs of the last owner—late Dallas developer Allan Zidell. “The auction did exactly what ...

and more »


US District Court Denies Concierge Auctions' Motion to Dismiss Case of Appel vs. Concierge Auctions, LLC
Business Wire (press release)
SAN DIEGO--(BUSINESS WIRE)--The United States District Court for the Southern District of California has issued an order on Concierge Auction's motion to compel in the case of Howard Appel and David Cohen vs. Concierge Auctions, LLC (Case No. 17-cv ...

and more »


Reuters

Han Solo's hero blaster 'Jedi' movie gun up for auction
Reuters
Ford is seen using the hero blaster in many scenes from “Return of the Jedi,” and the powerful weapon, like the lightsaber, is among the best known movie props from the sci-fi franchise. The hero blaster up for auction in June is being sold for the ...
Han Solo's Return of the Jedi Blaster going up for auctionSyfy Wire

all 71 news articles »


Iraqi News

Central Bank of Iraq Auctions $197457640 on 26 April 2018
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on April 26 registered $197,457,640 in sales, a 21.58% volume increase from the US $162,405,813 sold by Iraqi Dinar, credit and transfer at the previous auction held on April 25 ...



Upstream Online

Thailand's PTTEP 1Q Profits Rise, Prepares For Gas Auctions
Rigzone
BANGKOK, April 26 (Reuters) - Thailand's PTT Exploration and Production Pcl said on Thursday first-quarter net profit rose 21 percent as revenue increased on higher energy prices and that it was seeking growth through the acquisition of new assets. The ...
Thai fields auction under wayUpstream Online

all 5 news articles »


Midland Reporter-Telegram

Good things: Martha Stewart's studio props hitting Beverly auction block
Eagle-Tribune
The auction is scheduled for Saturday and Sunday, May 5 and 6, at Kaminski Auction's headquarters, at 117 Elliott St. Kaminski said he met with Stewart's staff last November in New York. “We went to the prop section and on my way, there were all these ...
Martha Stewart's studio props up for auctionMidland Reporter-Telegram

all 8 news articles »

Google News

home | site map
© 2006