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


Selected Western livestock auctions
Capital Press
Oregon. EUGENE. (Eugene Livestock Auction). Nov. 10. Head Count: 506. Comments: Feeders steady to slightly higher on vaccinated calves. High Dressers: 48.00-56.00. Low Dressers: 38.00-45.00. Top 10 Cows: 48.70. Top Bulls High Dressers: 56.00- ...



Wall Street Journal

Huge Hits and Big Flops at New York's Fall Art Auctions Send Mixed Signals About the Market
Wall Street Journal
The art market appears to be entering its Volatile Period. After a steady run-up in art prices, bidding started to fly and fracture in unpredictable patterns during New York's major fall auctions, which concluded Friday. From a $90.3 million David ...
How record-setting art auctions are ruining the old neighborhoodWashington Post
David Hockney painting auctions for record $90MYahoo News Canada (blog)

all 61 news articles »



Yale News

Bring home a piece of the Peabody; museum holding online auctions
Yale News
The Yale Peabody Museum of Natural History is preparing to undergo a comprehensive renovation. In preparation for that transformation, the museum will hold several online auctions of items it can no longer use. The auctions are online only and will ...



New Haven Register

Yale Peabody Museum holding online auctions of surplus items ...
New Haven Register
NEW HAVEN — Yale University's Peabody Museum of Natural History is holding several online auctions “of items it can no longer use” in advance of a ...

and more »



Livestock auctions
Cadillac News
Clare County Livestock Auction, LLC. Sale every Monday at 3 p.m.. Nov. 12 results: Choice colored steers, $95 to $104; choice colored heifers, $90 to $103; good colored steers and heifers, $80 to $100; choice Holstein steers, $68 to $90; heavy bulls ...



CNBC

Bidding is on for the most expensive home ever to hit the auction block
CNBC
Real estate auctions, once used for foreclosures and distressed sellers, is moving upmarket. The number of multimillion-dollar homes being sold at auction has nearly doubled in the past year, according to real estate analysts and auction companies.



WHEC

Storage company accidentally auctions off wrong unit
WHEC
"Life Storage's auction guidelines are very precise and in accordance with all applicable laws," Piegza wrote in a statement. "Unfortunately, in this instance, the unit was auctioned in error. We promptly contacted the buyer of the sold unit who ...



Forbes

Rare Stan Lee Collectibles Go Up For Auction Days After His Death
Forbes
A rare collection of works by comic book legend Stan Lee are going up for auction just days after his death. The items are part of the highly anticipated Icons & Idols: Hollywood event coordinated by Julien's Auctions, the world-record breaking auction ...
A Collection of Stan Lee's Works Hits AuctionBarron's

all 2,545 news articles »

Google News

home | site map
© 2006