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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: US is auctioning a seized $325M Russian yacht with 8 state rooms, a helipad, a gym and a spa AP News $325 million Russian superyacht in San Diego up for auction fox5sandiego.com Thousands of Cars Will Be Auctioned Off During Monterey Car Week. These 16 Are the Coolest Road & Track Fuell assets go to auction, disappointing crowdfund backers Bicycle Retailer & Industry News Sawdust Festival to host auction to support artists benevolence fund Los Angeles Times We Tried To Guess How Much These Crazy Supercars Would Auction For, Then One Of Us Bought One The Autopian Mastropietro Winery Is Being Offered at Auction Business Journal Daily Germany receives no bids in zero-subsidy offshore wind auction Offshore Magazine Rare baseball cards and gold bar up for grabs at state fair auction The State Journal-Register Heritage Auctions welcomes new director in Beverly Hills Beverly Press & Park Labrea News Analysis: Why Germany’s offshore wind auction failed Wind Power Monthly Auction result of Treasury Bonds - RIKB 38 0215 GlobeNewswire MDCE's New AI Technology Targets Both Medical Diagnostics and Sports Memorabilia Authentication Markets Stock Titan Simón Bolívar's Long-Lost Firearm Surfaces for Auction as Venezuela Captures Global Headlines PR Newswire Deal Dispatch: Performance Food Group And Claire's Lead A Week Of Big Auctions, Retail Woes Benzinga Family of Packers safety Tom Brown puts Super Bowl, NFL Championship rings up for auction Green Bay Press-Gazette Romanian bourse BRM joins power auctions within European Single Intraday Coupling Balkan Green Energy News Ten-acre Aspen equestrian estate to sell at auction AspenTimes.com Cox Automotive Signs Intent to Acquire Bel Air and Tallahassee Auto Auctions from BSC America Cox Automotive Inc. Japan Designates New Sites Offshore Hokkaido for Wind Auctions OffshoreWIND.biz PLCB accepting sealed bids for auction of expired restaurant licenses, including in Bucks bucksindependence.com Governor’s Blue Ribbon Auction rewards Wisconsin fair exhibitors Brownfield Ag News GAA Classic Cars Recaps July Greensboro, NC Auction duPont REGISTRY News The government is making an unprecedented move to fund itself — and it’s raising some eyebrows MarketWatch Fancy a Ferrari 250 GTO in White? You're In Luck — The Only One Is Heading to Auction - Road & Track Super Saturday: Super Auction returns this weekend Citizen Tribune [VIDEO] 2025 Corvette ZR1 Sells for $391K at Manheim Dealer Auction - Corvette: Sales, News & Lifestyle CorvetteBlogger Best of Panama auction sees world-record price Global Coffee Report Dynan leaves San Diego County with $10,000 lamb sale at county fair auction Village News Homepage Yacht Amadea Auction Set for September Megayacht News Wellsburg school off the auction block for now heraldstaronline.com Fairly Resilient Despite Bumpy Auction Mortgage News Daily Was It Rob Liefeld Trying To Sell His Deadpool Cover For $7.5 Million? Bleeding Cool News State Fair Livestock Auction Raises Over $380K to Support Wisconsin Youth in Agriculture Racine County Eye MDCE Powers Up with Patent-Pending AI Tech, Auction Expansion & Share Restructure Plan ACCESS Newswire Russian superyacht up for auction NEWS10 ABC Jyske Realkredit’s auctions for 1 October 2025 refinancing The Manila Times Milwaukee's abandoned boat 'Deep Thought' sells for just $2.5K, leaving county to foot rest of the bill Milwaukee Journal Sentinel |
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