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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: Rare Early Basquiat to Lead Sotheby’s Contemporary Auctions in New York with $10 M. to $15 M. Estimate ARTnews.com Want a one-of-a-kind man cave treasure? Portions of Spartan Stadium scoreboards up for auction Lansing State Journal FERC approves PJM capacity auction price cap, floor Utility Dive Boys & Girls Clubs of Metro South raises $544K through Gala Auction at Gillette Stadium Taunton Daily Gazette State announces auction date of surplus heavy equipment and state vehicles Vermont Business Magazine Two suspects arrested in connection with Warren County car auction robbery FOX19 | Cincinnati Growing Chesterhill Produce Auction has been a two-decade labor of love Athens County Independent Auction: Wellsville household is on sale until April 30, see GALLERY the wellsville sun West Haven office building hits auction block Hartford Business Journal Why confidence in the commercial property market is building and why auctions are leading the charge CoStar Bike from Pee-wee’s Big Adventure Going Up for Auction Consequence of Sound Auctions The Military And CIA-Provenance Highlights Of The Monaco Legend Group Spring Auction Hodinkee Rare Custom Rolex Daytona Heads to Auction nationaljeweler.com Rotary Club looking for the community’s help to smash their Auction total heading into the weekend whopam.com Mecum Auctions Announces 38th Original Spring Classic At Indiana State Fairgrounds This May DriveSpark Imperial Glass collectors set for 49th annual convention featuring Lucille Kennedy auction in Ohio WTRF Tall Order: Artis Gilmore Consigns Collection To Grey Flannel Auctions Sports Collectors Daily iDealwine Publishes Their Data-Driven Auction Barometer Wine Industry Advisor Guatemala opens 1.4 GW energy auction pv magazine International Wake Forest University Athletics Auctions Wake Forest University Athletics Unique Set of Unbound ‘Harry Potter and the Philosopher’s Stone’ Sheets to Auction Fine Books & Collections Art, Surf, and Sound Collide at the ArtReach Charity Art Auction There San Diego Troubled Reno Kimpton site hit with auction notice by lender Reno Gazette Journal London auction to feature rare 14th Dalai Lama enthronement pictures from British gov’t witness’ collection Tibetan Review Top 10 Thursday Sales at the Barrett-Jackson 2025 Palm Beach Auction ClassicCars.com Journal Bass House Art Collection Heads to Christie’s for Global Auction Fort Worth Magazine Broad Arrow Auctions Preview: 2021 Porsche 911 GT3 Cup duPont REGISTRY News Dallas Fed manufacturing index and Treasury auctions due Monday By Investing.com Investing.com Canada A Magritte Drawing Found on eBay for Less Than $2,000 Heads to Auction for Over $100,000 ARTnews.com Caribbean Oceanfront Villa in Saint Lucia's Marigot Bay Heads to Luxury Auction® Longview News-Journal Charity Auction Offers Exclusive Ghostbusters Experience: Tour Ghost Corps, Meet Jason Reitman, Plus More Ghostbusters News Valley Haven gears up for auction Friday Valley Times-News Carlisle auction to feature artwork and French bronzes Yahoo News UK Why Did This Broken Ceramic Pot Sell for More Than $60,000 at Auction? Smithsonian Magazine The Union flew the white flag of surrender at Fort Sumter. Now it's up for auction in Greenville. Post and Courier |
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