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Net Auctions and Auction Information |
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Online Auctions: The New Way of Shopping for Mauritians
Since their introduction several years ago, online auctions, such as eBay, have been one of the hottest destinations on the World Wide Web. Auction sellers are attracted by the prospect of a broad venue for their products and the possibility of high profits. Bidders on online auction sites are drawn to the unique shopping opportunities and potential to purchase hard-to-find items at low prices. One such website in Mauritius is www.mauritiantrader.com . As an online marketplace, MauritianTrader offers a window of opportunities to businesses and individuals by allowing them to buy and sell almost anything online. It even gives buyers the opportunity to request a specific item from sellers (reverse auction). Items sold can be new or used ones and they cover all categories from electronics, fashion items, books, cars, antiques, furniture etc. What makes online auctions so attractive to businesses is the number of people bidding against each other. It provides an instant audience that secures the seller the best price. As for the buyer, the speed, simplicity and variety of goods on offer can vastly speed up procurement. Benefits of buying on auction websites Bidding for products has advantages over traditional purchasing for both buyer and supplier. Businesses save time spent on procurement by finding, comparing, ordering and paying for products in one sitting. Repeat orders can also usually be made quickly and cheaply. Experienced bidders save time by using software to keep track of several auctions at once, setting up automated searches and bid alerts. Many businesses use online auctions for buying items that are non-critical to their business such as office furniture, or to track down specialist equipment, that can be picked up second-hand at a keener price. As for individuals, the convenience of sitting at home and shop for something is thrilling. Just a few clicks and you can find what you are looking for at great prices in a matter of seconds. Benefits of selling on auction websites Businesses selling products or services at an online auction are likely to see reduced marketing costs, as they are tapping into a ready-made community of buyers at a well-established auction. Moreover, they get access to a much wider market - small suppliers gain a worldwide audience. Many companies find selling at auctions gives them useful feedback on their products and services - they treat it as an opportunity to test products and gauge value. Another key benefit is being able to offload excess stock quickly and cheaply. It can also help cut out the middle man. Some individuals go for auction websites simply because they want to make some extra money. So, they buy products on sale and sell them at a slightly higher price but lower than the regular market price. Other people may just want to clear up clutter around the house by selling second hand items or even may want to start their own business by advertise their products online. Mauritians have been lagging behind on online trading mainly because there was no local auction website in the past. Moreover Mauritians still hold on to their traditional ways of doing business. They feel the need to see-touch-feel a product before buying. However, with a local website like MauritianTrader, where users are mostly Mauritians, they can arrange to meet and view the item before making any payment. Mauritians may feel skeptical at first to adopt this new way of doing business. Just like millions of people around the world buying and selling online, Mauritians will quickly realise the benefits they would derive from online trading. The uncertainty of a buyer's or seller's reliability may be another cause for not choosing online auctions. However, like eBay, MauritianTrader has a feedback feature. The buyer/seller gets a feedback at the end of each transaction. The more transactions, the more feedback and therefore the more a buyer/seller's "reputation" can be evaluated accurately. It is high time Mauritians make use of this service, especially small businesses that do not necessarily have the powerful tools for effective marketing. Not only will they be selling to Mauritians but also obtain global exposure. Mauritius should make the next step and catch up with the latest methods of doing business effectively. http://www.mauritiantrader.com Z.KhanEconomic Analyst
MORE RESOURCES: Guillermo del Toro almost lost his movie memorabilia in a wildfire. Now, he's letting some of it go AP News An Under-the-Radar Art Collection Could Fetch $180 Million at Auction The New York Times Three generations of Wyeths (plus Andy Warhol) will go on sale in one auction The Portland Press Herald Upsizing families vie for $3.2 million house at fast-paced auction The Sydney Morning Herald The secrets of lost luggage auctions: I bought four bags for £100. What would I find inside? The Guardian You Could Own These Cool Dodge and Lincoln Concepts Cars, Which Are up for Auction with No Reserve Car and Driver The best way to pick a team Fantasy Index Exhibit and silent auction at Fenix Arts honors the legacy of William “Bill” Flanagan Northwest Arkansas Democrat-Gazette Record Prices For Cattle At Auctions q106.com 10 Most Expensive Cars To Sell At 2025 Monterey Car Week Auctions duPont REGISTRY News Adopt a wild horse or burro during BLM’s September Online Corral auction Bureau of Land Management (.gov) Night Of The Phoenix Silent Auction Bidding Open Elon University Athletics 1988 Dodge Shelby CSX-T Heads To Auction With No Reserve MoparInsiders BLM Auctions 13 Geothermal Parcels to Boost Domestic Energy Production SierraDailyNews.com Want to buy a piece of Neyland Stadium? How to get your hands on authentic Vols merch Knoxville News Sentinel Light Data Calendar Leaves Focus on Treasury Auctions. Do Earning Matter? Mortgage News Daily Bidding Begins Next Week at G3 Auctions for Jimmy Buffett's 90-Foot World Cruising Yacht PR Newswire Lord’s Auction today at church www.advertisernewssouth.com Enjoy free access to columbustelegram.com, courtesy of BigIron Auctions Columbus Telegram Auction for Winery Fails to Net Acceptable Bid Business Journal Daily Mobster memorabilia: Items from notorious criminals go up for auction KIRO 7 News Seattle Six Star Cars and Hundreds More Await at the Fall Carlisle Collector Car Auction October 2-3, 2025 duPont REGISTRY News A look into the Bleak House auction items Guillermo del Toro had the hardest time letting go of AP News Michael Jordan-Kobe Bryant Basketball Card Auctions For Record-Breaking $13 Million USD hypebeast.com 1923 stock certificate, Tom Brown Super Bowl rings clear six figures as Packers memorabilia skyrockets Green Bay Press-Gazette World’s most expensive bag sold for $10 million at auction supercarblondie.com Guillermo del Toro auctions rare Frankenstein art worth $300,000 after wildfire scare Washington Times Trigon Auctions brings together elite performance genetics World of Showjumping Little League bat-flipper’s bat fetches nearly $10K at auction: ‘I was shocked’ - The Athletic The New York Times Sotheby’s UAE Sale to Feature 32-Carat Fancy Vivid Orangy Pink Diamond nationaljeweler.com Oscar-winning director Guillermo Del Toro to auction off iconic horror memorabilia he nearly lost to LA wildfires New York Post Golden Sahara II, Barris-Built Futurist Icon, Heads to Auction at Mecum's 'Larry’s Legacy 2025' at No Reserve Yahoo! Autos Idaho Department of Lands Auctions Priest Lake Lots for $7,901,000 Big Country News Woodhull Community Fall Consignment Auction set for Saturday September 6th the wellsville sun Mecum Auctions Returns to Monterey Car Week with 600+ Cars duPont REGISTRY News 2002 Ford Thunderbird With 5K Miles Up For Auction Ford Authority Baseball legend’s son ‘saddened’ by auction of personal collection: ‘I know my father’s wishes’ AL.com Ansonia Shopping Center To Go Up For Auction Valley Independent Sentinel Gold Reserve's Strategic Move in the Citgo Auction and Its Implications for Shareholder Value AInvest You’re Invited To Bid During The Coronado Rotary’s Community Auction Coronado Eagle & Journal Bidding Begins Next Week at G3 Auctions for Jimmy Buffett's 90-Foot World Cruising Yacht StreetInsider Cox Automotive Completes Acquisition of Bel Air and Tallahassee Auto Auctions and Welcomes 450+ New Team Members Cox Automotive Inc. Iconic Aroostook restaurant heads to foreclosure auction Bangor Daily News Why ACV Auctions (ACVA) Stock Is Down Today Yahoo Finance Citgo Auction Heats Up as Bidder Sweetens Offer Crude Oil Prices Today | OilPrice.com What’s going on for Labor Day in Summit County? Live music, dog-centric competitions, a charitable ski chairlift auction and more. SummitDaily.com Cox Automotive Signs Intent to Acquire Bel Air and Tallahassee Auto Auctions from BSC America Cox Automotive Inc. Scots to Host Football Auction and Caniac Supper People Newspapers US is auctioning a seized $325M Russian yacht with 8 state rooms, a helipad, a gym and a spa AP News Tiger Woods 'Type 1' photo from 2000 PGA sells for record price, crazy return on investment Golfweek |
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