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Online Auctions: 5 Ways Your Business Can Benefit From Online Auctions
Online auctions are now the new gold rush on the internet. It seems as if everyone is talking about online auctions. And why not. There are thousands of online auctions on theinternet 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 anonline auction. Your unsold inventory is doing you no goodsitting around, collecting dust. It's an effective way to makeextra income and it won't be a total loss for your business.You could even get lucky and make a profit dependingon 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 whatpeople will bid for them at an online auction. First, sell yourproduct at three different online auctions. Next, calculatethe average selling bid from all three auctions and that willbe your selling price for your new product. 3. Sell Your Products You can get your product in front of a large audience byselling it at an online auction. Some of the bigger auctionsites draw over millions of hits a year. The key to beingsuccessful is to sell your product at multiple online auctionsat the same time. Let's say you sold one product a dayfrom just one auction site. If you sell your product at onehundred online auction sites that would be one hundred salesa day! 4. Start Your Own Online Auction Drive traffic to your web site by starting your own onlineauction. People will visit your web site to find bargainsand to sell their own products. You will get plenty ofrepeat visitors from people re-bidding on products andadding new products to sell. You could also charge otherbusinesses to advertise on your web site. 5. Lower Your Business Costs You can find lower prices on business supplies andequipment at online auctions. I'm not saying all the time, butbefore you go pay retail for a new printer try bidding onone first. A company may be selling them at a lower priceat an online auction because they have excess inventory. May you succeed in your online auctions and make a lotof money. Warmly, I-key Benney, CEO I-key, a Millionaire CEO from New York City is the creator of "Mscsrrr: Millionaire Secret Cash System", (home based business) which has helped thousands of ordinary people from all over the world to attain financial security and shining success during the past 2 yrs. Mscsrrr Millionaire Cash System helps you to generate $1,500+/Week for life, from home or office, part time or full time. No large investment or hassles. Win $1000-$2000 free "cash"?
MORE RESOURCES: Sotheby’s Lays Off More Than 100 Staffers as Auction Sales Slump The New York Times All you need to know about the WPL 2025 mini-auction ESPNcricinfo Watch: METALLICA Performs Acoustic And Electric Set At Fourth 'Helping Hands Concert & Auction' BLABBERMOUTH.NET Biden admin quietly clears away border wall parts for auction ahead of Trump’s second term New York Post College of Saint Rose sells for $35M at auction Times Union Stal Hendrix proudly presents fifth edition of HX Auctions World of Showjumping Old hockey cards and a Rembrandt-ish painting: Some attic treasures are auctioned for millions Fast Company WPL 2025 auction: Know teams’ remaining purse and where to watch live streaming and telecast Olympics Biden Administration Auctions Off Border Wall Materials Music Essentials With repeal measure rejected, WA carbon auction prices surge Washington State Standard Incredibly Rare and Expensive, These Shrimp Are Sold to the Lowest Bidder at a Spanish Fish Auction Fodor's Travel MLB sells Aaron Judge dropped World Series ball at auction for $43,510 The New York Times Game-worn Wilt Chamberlain Lakers jersey sells for $333K at auction KTLA Los Angeles Teal Golden Eagle on GSA Auctions sUAS News Machinery Pete: What You Should Know About Semi Auction Sales Agweb Powered by Farm Journal New strategies make big impact for Children’s Auction The Laconia Daily Sun My online experience to find a bull that will pay the bills Great Falls Tribune A Ten Commandments Tablet Goes Up for Auction, and Questions Abound The New York Times After Bob Dylan Blowin’ In The Wind recording sold for $1.7m, T Bone Burnett partners with Julien’s to auction off other ‘Ionic Original’ masters Music Business Worldwide Brazil auctions US$3.8bn highway concession contracts BNamericas English Dodgers auction off Aaron Judge’s dropped World Series Game 5 ball — and it sold for over $43,000 New York Post Selected Western livestock auctions Capital Press He had to put his McCall cabin up for auction, but no one bid on it. Now what? | Opinion Idaho Statesman Latest WA Carbon Credit Auction TRiggered Gas Price HIke newstalk870.am Duke Ticket Auctions For George Mason And Pitt! Duke Basketball Report WPL Auction 2025: Full list of Women’s Premier League players to go under hammer on December 15 The Indian Express Biden Administration Pulls Border Wall Fire Sale From Auction Website Shore News Network WPL Auction 2025: Date, time, venue, rules and everything else you need to know - The Indian Express Media Miss by the Left: Biden administration clears border wall parts for auction ahead of Trump's second term Straight Arrow News Embryos of HH Azur, Lightningthina van 't Ruytershof and exceptional young jumpers at Equestrian-Auctions Equnews International Hillendale Country Club sells to anonymous buyer in foreclosure auction for over $3 million The Baltimore Banner Sotheby’s Concierge Auctions Travel And Tour World Tom Brady's personal items, including his luxury watch collection, just sold for $9 million at auction. Take a closer look. Business Insider Tom Brady’s collection of watches and memorabilia sells for $9 million at auction - The Athletic The Athletic Chamber Holiday Auction raises $36,500 for SCC scholarships Commonwealth Journal's History ‘Wizard of Oz’ Ruby Slippers Sell at Auction for a Record $28 Million The New York Times Who would pay $38,000 to own Mark Zuckerberg's gold chain? This guy Business Insider Lost Camille Claudel Masterpiece Found Hidden in Cloth Poised to Fetch Millions at Auction artnet News Former NFL great Tom Brady sells $9 million worth of watches, football items at auction dubbed 'The GOAT Collection' New York Post Going, going, gone! Package store bidding dominates alcohol permit auction Indiana Capital Chronicle No takers for 1947 Cheval Blanc at Danish auction Decanter.com Dorothy’s Ruby Slippers From ‘The Wizard of Oz’ Sell for a Record-Breaking $28 Million Smithsonian Magazine 2008 Lincoln Navigator With 57K Miles Up For Auction Ford Authority As ‘oldest Ten Commandments’ go up for auction, some scholars question authenticity The Times of Israel Washington carbon auctions resume after surviving election challenge KUOW News and Information SCF auction extra crucial with rising costs, rising demand Medicine Hat News Judy Garland's stolen ‘The Wizard of Oz' ruby slippers sell for $28 million at auction NBC Washington Without Drama or Banana, Art Auctions Struggle The New York Times |
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