Net Auctions and Auction Information |
|
Auction and Its Benefits
An auction is basically a public sale wherein any object issold to the highest bidder. It can be defined as a process of purchasing and selling things by offering them up for bid, taking bids and selling the things out to the highest bidder. This is what is generally the case. However, a sale to the lowest bidder may also take place, in cases where land is sold for non-payment of taxes to anyone willing to take it for the shortest term; or where a contract is offered to an individual or party willing to take it for the shortest term; or where a contract is offered to an individual or party willing to perform it at the lowest price. Such cases too seem to fairly come under the purview of the term 'auction'. In case of auction the seller presents the products on a public platform. The selling price of the products are determined by the bids or offers of buyers interested in buying them based on their individual estimation of value of and need of the products. The person offering the highest bid at closing of auction receives the right to purchase the products at the bid price. The winner of the bid is normally legally bound to buy the item auctioned. In recent times auctions have been conducted online. The benefits of auction are many. Some of the significant advantages are: a) The auctioned item fetches the highest price in the given situation. Thus, in a way there is the maximization or optimization of profit. b) At an auction the goods are almost certainly disposed off after bidding by their sale to the highest bidder. Hence, this serves as the right podium for disposing or selling out of accumulated goods. Otherwise, business could have become stagnant due to the stocking of these goods. Certain items could also have perished (in case of perishable goods) or expired if not sold out in time. c) In case of auctioning a variety of articles may come up for sale, which may not be otherwise available in the market. The buyer can get quite surprised by looking at a treasure trove of antique articles available at an auction. d) An auction can also be considered as a method for estimating the value of certain commodities which have hitherto undetermined or variable prices. Author bio:
MORE RESOURCES: Sonja Morgan is auctioning her NYC townhouse after 11 years spent on and off the market New York Post Investors Flock to Two-Year U.S., German Bond Auctions but For Different Reasons The Wall Street Journal ViaBTC auctions 'epic sat' after mining Bitcoin's halving block and holding back rewards - The Block Personal Wardrobe of the Iconic Late Fashion Designer Vivienne Westwood Goes up for Auction Barron's U.S. Plots 12 Offshore Wind Lease Auctions by 2028 and Revises Rules The Maritime Executive A Castle Built for a Carnegie Will Sell at Auction Mansion Global Carlisle Auctions concludes first auction of 2024 with 1980 Porsche 911 taking top sale honors Old Cars Weekly Interior plans 12 offshore wind auctions through 2028 in bid to boost fledgling industry Washington Examiner Former William H. Morgan Jr. mansion in Alliance sold at Kiko auction Canton Repository Portrait by Gustav Klimt sells for $32m at Vienna auction Al Jazeera English Ukraine Auctions Off $200M Russian Yacht The Maritime Executive Wenatchee Wild announce 2nd annual postseason jersey auction wenatcheeworld.com This 1983 Datsun 280 ZX Turbo Is Selling at Henderson Auctions Collector Series Next Month Yahoo Canada Shine On Friends of the Baxter County Library Auctions start tomorrow! Mountain Home Observer Quarter Auction to benefit Cape Museum of History Cape Coral Breeze F1's Michael Schumacher To Auction Rare Watches Gotham | Modern Luxury ESTATE AUCTION - Hwy 287 S of | Auctions | bozemandailychronicle.com Bozeman Daily Chronicle Man convicted in car auction scheme says victims will get money back WREG NewsChannel 3 Iconic 'Buy Bitcoin' Sign From Janet Yellen's Testimony Sells for $1 Million in Crypto Auction – Breaking News Bitcoin ... Bitcoin.com News Muhammad Ali’s former lawyer auctions off hundreds of items signed by ‘The Greatest’ KTLA Los Angeles Join rock auction Saturday in Kelso The Daily News Hong Kong buyer snags long-lost Klimt painting for record US$32 million South China Morning Post Weston's Antiques: 25 Years & 1300 Auctions In Coventry Antiques and the Arts Online Local Online Auction to Benefit Operation Kindness Hernando Sun auction | | wataugademocrat.com Watauga Democrat Long-lost John Lennon acoustic guitar expected to set records at auction Rural Radio Network John Lennon’s ‘Help!’ Guitar Headed to Auction After Spending the Last 50 Years in an Attic Rolling Stone Auction for Messi's napkin Barca deal halted for bizarre reason World Soccer Talk Auction on April 27th, 2024 – Westlake Auctioneers County 10 News The Savings Continue with the Super Radio Auction Heart of the Rockies Radio Kentucky Department of Fish and Wildlife Resources to hold spring surplus item auction May 6 in Frankfort - NKyTribune User-generated content Timed Online Plant Closure Auctions for Scott-Bathgate Ltd. and the “NUTTY CLUB” Brand GlobeNewswire CCCC Foundation auction a success Salina Post Auction raises more than €50K for Craig Breen Foundation Motorsport.com Ferrari LaFerrari prototype listed for auction Motor Authority Former Morgan mansion in Alliance to be auctioned April 24 by Kiko Canton Repository Oxford, Maine auctions off abulance NewsCenterMaine.com WCSH-WLBZ Quirky & Fun, Morphy’s Coin-Op & Advertising Auction Grosses $3.9 Million Antiques and the Arts Online To Make Auctions Greener, Publishers Need More Data – And A Guarantee They Won’t Go Broke In The Process AdExchanger Election commission no to panchayat land auctions Hindustan Times Onion auctions stopped again at Nashik APMC markets Hindustan Times |
RELATED ARTICLES
Boosting Your EBay Auction Profits: Just Add Audio According to a recent report, adding audio to your eBay auctions could increase bids by as much as 22% over auctions without audio.A recent trend showing up on a lot of websites is the addition of an audio clip. Sell Your Items at Cost and Make a Fortune on eBay! Like all ebay sellers I wanted to sell all of my items at a profit and what I found was that when I was getting to the end of line items that I was ending up selling them at cost, even though the items were finally selling at a profit price, because I was having to factor in the ebay relisting fees etc.So I took a moment and sat down and thought how I could deal with these items and still make money. 2 Step Secret Reveals How You Can Find Wholesale Suppliers Have you spent hours on the internet searching for a viable wholesale source? I did. I spent money on self-professed in-depth Wholesale Supplier directories and membership sites. The Secret Of The Ebay Money Machine And How To Get Your Share If you have all the money you need, then this information wont be of much use to you!If however, like most of us, there are times when you could do with a little more, read on.At times we all come across circumstances where we could do with some extra income, be it that extra special present we need to buy, that unexpected bill that needs paying or just to make ends meet. An Introduction To eBay Consignment After I started selling on eBay, I was approached by friends without computers who wanted me to sell their items for them. They had heard stories about the outrageous prices items some ebay auctions brought. Be Realistic When Selling on eBay As some of you know, I spent many years buying and selling both on and offline and several of my products are based upon my own experience in this area. I know that the vast majority of my customers and subscribers have an interest in trading whether it be on eBay or at the local market but more and more I am seeing people with completely unrealistic expectations of what they will be able to do. Why Ebay Is The Best Place To Make Your First $1000 Online I'd like to begin with a question - and I'll bet the answer is going to surprise you (it sure did surprise me!).Q. The 3 Minute Auction and Minute Auction Explained Am I the only person who doesn't know what a 3 minute auction is? Looking for fresh content for my site, I discover that "minute auction," or even a 5, 10 and 30 minute auction is a popular item. Some auction sites may refer to a minute auction as a "Live Bid. Ebay Auction Selling Secrets - Using Ebay to Launch Your Very Own Highly Successful Website Launching your very own successful website is the dream of many people worldwide because it is a new way to make money and be employed by oneself with little overhead. So, once you have your website you will need traffic to make it successful. How To Sell On Ebay: The Money Is In The Back-End Many people who sell on Ebay completely neglect the follow-up process. They post an auction. E-bay Auctions: Sell Better, Spend Less Tip #1 Just about everyone alive today has heard of E Bay.com, but most people don't realize the sheer size and complexity of this Auction beast. Save on EBay Fees with Free Image Hosting Experienced sellers at online auction sites such as EBay will tell you that the single most effective tool of persuasion is a good image. Multiple images are even better. Buying & Selling Gently Used Baby Clothing, Strollers, Toys, and Other Baby Items & Products on eBay Need Extra Money? Buy and Sell Your Gently Used Baby Clothing, Car Seats, Strollers, Toys, Books and Products on eBay!Hi Moms,So, you had your precious baby, and you couldn't resist -- all of those cute and beautiful baby dresses, rompers, suits, jean sets, christening gowns, onesies and unique designer baby clothes (like Tommy Hilfiger) that called to you when you were in the Gap, Old Navy, Osh Kosh or Little Me. Not to mention the countless baby clothes that relatives gave you that weren't quite your style, or too big or too small for your baby and still have the price tags on them, never worn. What YOU Must Know About The Advantages And Pitfalls Of Dropshipping The following may be the most important information about dropshipping you will find.Dropshipping can be a great way to get started with your online venture. eBay Online Auction Sniping Secrets 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 resulting from emotion-driven bidding wars. How Do You Find A Reliable Dropshipping Source? A Dropshipper is someone who will anonymously send the goods you order to your customer! There are no markings on the box and no invoices enclosed! Finding a reliable dropshipper can prove to be a strenuous task. When selecting a Dropshipper you want to be sure to find someone that has a large inventory and quickly replenishes items that become sold out!You also want to find someone that is helpful and knowledgeable about the products they are selling! Make sure to contact them before you consider reselling their items, see how quickly you get a response and how helpful the response is! Remember this is the same service you can expect once you are in business with them! If it is less than your standards consider using someone else!How do you find a Dropshipper? There are several ways to find a Dropshipper perhaps the easiest is to purchase a list from an online auction! Thoroughly read the context of the ad and ask questions if need be. How To Use A WYSIWYG HTML Editor To Make Stunning Ebay Auction Listings What kind of browser are you using for online surfing? Explorer, Netscape, Firefox, Opera?? Sure, all are good programs but I want to talk about an excellent program called Netscape. If you use Netscape, do you know that you also get an amazing WYSIWYG (what you see is what you get) web design program called Netscape Composer for free? Basically you don't need expensive HTML editors anymore. Making Money on eBay is Really Easy If I can do it you can.Let me tell you my story. Is it Antique and is it Worth Anything? Is it an antique and is it worth anything?Would you know?At some point in our lives most of us are going to put in a position where we have to ask ourselves the question-Which of my treasured possesions should I keep because they might be worth something and which can I throw away?Would you know??We start our own homes full of enthusiasm and with all the lovely clutter that makes up our lives and that of the family, but as time goes on, the children leave home, we decide to move to a smaller house or maybe we decide to live abroad. At that stage we have to decide what to keep and what to part with. Make BIG MONEY on eBay - Your Unlimited Cash Cow Let me be brutally honest; until recently, I had never bought anything on eBay, I'd never sold anything on eBay, and, dang-nab-it, I disdained auctions. (Bidding wars just weren't my bag. |
home | site map |
© 2006 |