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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: 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 eBay! Auctions McLaren-Inspired ’73 Plymouth Barracuda Mopar Insiders Freddie Freeman's historic walk-off grand slam ball from the World Series to hit the auction block ABC News Mohammed Shami Blasts Sanjay Manjrekar Over IPL Auction Prediction, Sets Internet On Fire NDTV Sports View All MLB.com Duct-taped banana sells for $6.2 million at art auction Chicago Tribune Top 5 Most Interesting Corvette Auctions: 54,000 Views & Bidding Frenzies Yield Big Money CorvSport.com Baltimore County country club heads to foreclosure auction The Business Journals Crypto chief buys a banana for $6mn at contemporary art auction Financial Times How a viral, duct-taped banana came to be worth $1 million The Associated Press Viral Duct-Taped Banana Sells for $6.2 Million at Auction Miami New Times Duct-taped banana sells for $6.2 million in New York auction Al Arabiya English Duct-taped banana sells for $6.2 million at art auction The Associated Press Who’s Laughing Now? Banana-as-Art Sells for $6.2 Million at Sotheby’s The New York Times Strong Showings at Sotheby’s Sydell Miller Sale Kick Off New York’s November Art Auctions - Observer 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. Online bidding added 2024 Rotary Auction The Audubon County Advocate Journal Magritte Sets $121 Million Auction Record The Collector US Judge Proposes CITGO Auction Solution Offshore Engineer Edmund Fitzgerald items sell for thousands at Lightfoot auction Duluth News Tribune Emily Carr painting sold for $50 US fetches $290,000 at Toronto auction Yahoo News Canada Auction Scheduled for Condemned Revere High-Rises Banker & Tradesman Rare California Gold Rush coin fetches $1.44 million at auction Popular Science Goldman Sachs, Deutsche Bank Foreclosing on D.C. Office Commercial Observer Lockers used by Ronaldo, Beckham and other Real Madrid stars are up for auction The Associated Press ARC to hold Starlight Auction Nov. 30 North Fort Myers Neighbor The Banana that Redefines Art: Maurizio Cattelan’s Comedian at Auction in NY La Voce di New York Aumann Auctions & Realty - Ad from 2024-11-20 Herald & Review Oldest Stone Carving of the Ten Commandments Set to Auction Antique Trader Auction, Live Music Saturday at the Healy Center in Redway Redheaded Blackbelt Ten Commandments tablet, up for auction at Sotheby’s, to come with disclaimer The Times of Israel Company affiliated with Alex Jones seeks to disqualify The Onion’s auction bid on Infowars The Associated Press N7 Jersey Auctions SDSU Athletics Rare 1870 $20 gold coin fetches $1.44 million at Los Angeles auction The Times of India Heists and Sex Tapes and Auctions, Oh My: The Wild Tale of the Ruby Slippers From ‘The Wizard of Oz’ VICE Rene Magritte's surreal painting titled 'Empire of Light' breaks auction records, sells for ... The Times of India Auction House brings unique experience to Lyons Community Oakland Independent Carvana Stock Rival ACV Auctions Is 'Coiled Spring' Under The Hood Of Used Car Business Investor's Business Daily 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 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 |
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