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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: Google’s millisecond ad auctions are the focus of a monopoly claim The Associated Press Rare 1787 copy of U.S. Constitution that was found inside an old filing cabinet up for auction Axios 'It really could be just about anything': Former Ingersoll bar heading to auction after foreclosure KCCI Des Moines Oasis Guitars Smash Expectations at Auction artnet News Shem Tov Bible with ‘miraculous journey of survival’ sells at auction for $6.9 million The Times of Israel Albert Einstein's atomic bomb letter to US President Roosevelt sold for Rs 32.7 crore at Christie's auction Deccan Herald Modified 1969 Dodge Charger with HEMI® V8 Up for Auction Mopar Insiders Unraveling The Mystery Of PubMatic’s $5 Million Loss From A “First-Price Auction Switch” AdExchanger The craziest items ever sold at auction The Times Wendell Foster’s ‘Forever a Difference Maker Gala and Auction’ returns Sept. 21 The Owensboro Times That’s Baller: Extremely Rare Porsche 911 Racer Could Sell for $3.5 Million at Auction balleralert.com GeekWire tried to win a piece of Microsoft and Paul Allen history at auction — here's why we lost GeekWire Houston young executives plan Alexander JFS gala auctions Jewish Herald-Voice 200-year-old, multimillion-dollar Susquehanna Valley property to be auctioned WGAL Susquehanna Valley Pa. Christie’s to acquire classic car auction house Art Newspaper 2025 Cadillac Escalade IQ VIN 001 set for charity auction Motor Authority The rumours were true, Gooding and Company is to be acquired by auctions giant Christie’s Magneto magazine Auction of Paul Allen items, including vintage computers, Einstein letter and more, brings in $10M GeekWire New Items available on Wright State Athletics Auctions WSURaiders.com Want to own Bruce Lee’s iconic ‘Enter the Dragon’ weapon? Here’s what it’ll cost you - New York Post Going once, going twice: Google's millisecond ad auctions are the focus of monopoly claim Fredericksburg.com Going once, going twice: Google's millisecond ad auctions are the focus of monopoly claim Delta Democrat Times CARLS TOWING ABANDONED VEHICLE goskagit.com "Masterpiece" Hebrew Bible auctions for $6.9 million JustCollecting News This $10 check signed by Steve Jobs may fetch $25,000 in auction The Times of India Sideways Start. Auctions and Inflation in Focus Mortgage News Daily Daenerys's Dragon Egg, Arya's Dagger, and More Game of Thrones Props Are Being Auctioned Off Mentalfloss Auction of ‘Santa Barbara News-Press’ Assets Proceeds in Pieces Santa Barbara Independent A Rare Copy of the U.S. Constitution Found in a Filing Cabinet Could Make Millions at Auction artnet News What you need to know before buying Judaica at auction St. Louis Jewish Light Woodland Mall listed for sale with starting bid at $875,000 in online auction BG Independent News Alan Mann Heritage Edition Ford GT and unique private collections to debut Broad Arrow's Chattanooga auction Old Cars Weekly Auction date set for fire-damaged Lehigh Valley mansion The Morning Call Bitdeer Announces Auction for Used Mining Equipment Live Bitcoin News JOHNSONS TOWING ABANDONED VEHICLE goskagit.com DOJ vs. Google, Your Day Three Download: A Former Googler On The Stand And Auction Dynamics In The Spotlight AdExchanger State Treasurer’s Office holds largest gun auction in its history West Virginia MetroNews Joplin City Auction draws crowds seeking bargains KSNF/KODE - FourStatesHomepage.com US Senator Dianne Feinstein's Jewels Going to Auction National Jeweler BUDGET TOWING ABANDONED VEHICLE goskagit.com Downtown high-rise Renaissance Tower headed to Oct. 21 auction The Business Journals Christie’s buys classic car auction house Gooding & Co Financial Times ASAP.com Sold in Bankruptcy Auction DomainInvesting.com Jeff Martin Auctioneers, Inc Upcoming Auctions, News and Equipment Construction Equipment Guide Judge dismisses Neponset Wharf bankruptcy case; auction set for October Dorchester Reporter 'Game of Thrones': Jon Snow’s sword among items up for auction The Associated Press Mecum Auctions Dallas 2024: Why This 1995 Ford Mustang SVT Cobra R Deserves Some Attention MotorTrend Data Dive: Fine-Art Sales at Auction Are Down Nearly 30 Percent in the First Half of 2024 artnet News Raiders launch Wright State Auctions WSURaiders.com Kobe Bryant card, Star Wars toy sell for more than $1M at Goldin auction, plus other record breakers Fox Business Tax foreclosure auctions & environmental auctions City of Rochester (.gov) Could a deal with Massachusetts return Connecticut to latest offshore wind energy auction? Hartford Courant |
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