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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: Magritte painting sells for record $121m at auction The Guardian American colonial period silver coin shatters auction record, sells for $2.5 million - New York Post Exclusive: Sinochem may keep bankrupt refineries as auctions draw scant interest, sources say Reuters.com eBay! Auctions McLaren-Inspired ’73 Plymouth Barracuda Mopar Insiders Mohammed Shami Blasts Sanjay Manjrekar Over IPL Auction Prediction, Sets Internet On Fire NDTV Sports Lockers used by Ronaldo, Beckham and other Real Madrid stars are up for auction The Associated Press French painting stolen by the Nazis goes on auction at Christie’s Paris FRANCE 24 English Duct-taped banana sells for $6.2 million at art auction The Associated Press View All MLB.com Crypto chief buys a banana for $6mn at contemporary art auction Financial Times Duct-tape banana art sells for $6.2 million at auction LiveNOW from FOX Duct-taped banana sells for $6.2 million in New York auction Al Arabiya English Strong Showings at Sotheby’s Sydell Miller Sale Kick Off New York’s November Art Auctions - Observer Baltimore County country club heads to foreclosure auction The Business Journals York County auction house has Kurt Cobain's smashed guitar up for bids - WGAL Susquehanna Valley Pa. York County auction house has Kurt Cobain's smashed guitar up for bids WGAL Susquehanna Valley Pa. Top 5 Most Interesting Corvette Auctions: 54,000 Views & Bidding Frenzies Yield Big Money CorvSport.com Duct-taped banana sells for $6.2 million at art auction The Associated Press Viral Duct-Taped Banana Sells for $6.2 Million at Auction Miami New Times Online bidding added 2024 Rotary Auction The Audubon County Advocate Journal Banana duct-taped to wall bought at art auction for $6.2m by crypto mogul who plans to eat it The Independent Edmund Fitzgerald items sell for thousands at Lightfoot auction Duluth News Tribune How a viral, duct-taped banana came to be worth $1 million The Associated Press Magritte Sets $121 Million Auction Record The Collector Duct-taped banana sells for $6.2 million at art auction The Caledonian-Record Aumann Auctions & Realty - Ad from 2024-11-20 Herald & Review ARC to hold Starlight Auction Nov. 30 North Fort Myers Neighbor US Judge Proposes CITGO Auction Solution Offshore Engineer Company affiliated with Alex Jones seeks to disqualify The Onion’s auction bid on Infowars The Associated Press Auction, Live Music Saturday at the Healy Center in Redway Redheaded Blackbelt Sotheby's to auction a Ten Commandments tablet with a disclaimer: Israel always wanted it to be put on public display. JTA News - Jewish Telegraphic Agency Heists and Sex Tapes and Auctions, Oh My: The Wild Tale of the Ruby Slippers From ‘The Wizard of Oz’ VICE N7 Jersey Auctions SDSU Athletics Rare California Gold Rush coin fetches $1.44 million at auction Popular Science The Banana that Redefines Art: Maurizio Cattelan’s Comedian at Auction in NY La Voce di New York Duct-taped banana sells for $6.2 million at art auction News-Press Now Carvana Stock Rival ACV Auctions Is 'Coiled Spring' Under The Hood Of Used Car Business Investor's Business Daily Hit Factory Entertainment Collection presented signature items from rock history for auction Goldmine Magazine Sotheby's New York delivers white glove auction of Sydell Miller collection but patchy Modern evening sale Art Newspaper Rockwell art auction raises $3.7M Warren Tribune Chronicle Oldest Stone Carving of the Ten Commandments Set to Auction Antique Trader Rare 1870 $20 gold coin fetches $1.44 million at Los Angeles auction The Times of India Auction House brings unique experience to Lyons Community Oakland Independent Lexus from golfer Scottie Scheffler’s arrest goes to auction Automotive News |
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