Auction Information

The Top Ten Tips For Auction Success!


If you were to look through eBay, or any other online auction site for that matter, you would find that many people make some very basic mistakes. And, they repeat these mistakes over and over again. As indicated in my book "eBay Marketing Wholesale SourcePak" with a little common sense these mistakes are completely preventable. So to prevent you from making these very same mistakes I have put together the Top Ten Tips For Auction Success.

10. Shipping
Always state what your shipping price will be. And, Do Not try to rip off your buyers by inflating the shipping price to increase your profit. Believe it or not, people do have a fair idea of what shipping costs should be. If they feel you are inflating your shipping price they will not bid on your item and may not look at any of your other auctions either from fear of being ripped off.

9. Customer Support
You must respond to all emails regarding your auctions. Yes, responding to emails is time consuming. But, if you don't, that potential bidder will look else ware for the product and you will have lost yourself a customer.

8. Reserve Price
Do your research on the price for your item. If you must use a reserve price keep it real. If you over price your item you will not get as many bids. And, while all good marketers know there is a time and place for the Reserve Auction, you may actually get more bids using no reserve pricing at all. Do your research to help you make this decision.

7. Item Condition
You must let bidders know what condition your item is in. Is it new and in it's packaging, or used but like new condition. Does it have any imperfections they should be made aware of. A potential bidders will want to know what condition your item is in before making any bids.

6. Terms
This could come under the heading Customer Service. If you have terms on your auction page that read something like this "Not Responsible For Item Once Shipped" or "Item Sold As Is" you will get less bidders for that auction. Be a responsible eBayer, have insurance on the item that your buyer can purchase. And be sure to have some sort of guarantee on your products.

5. Feedback
One of the most important parts of your eBay Business. Feedback is a method eBay uses to allow buyers and sellers to record their experiences with each other. Then, others can check out the feedback of any eBayer they wish to deal with, to see if there has been any negative comments left. Therefore, it is extremely important to keep your feedback rating positive.

4. Auction Start/Close Time
You must plan your auction start/close time around the bidders you wish to attract to your auction. If the product you are selling appeals to the working woman, the best time to start/end your auction would be in the evening or on the weekend. Always create a profile on your product and what group of the population you are selling to.

3. Item Description
Not enough information or too much rambling of information will discourage people from bidding. So too will to many typos. Your item description must be clean and concise. Succinctly provide all the information required to describe the item sufficiently and create buyer interest.

2. Image
You need to use an image on your auction page. Remember a picture is worth a 1000 words! Potential bidders will want to see what the item looks like before they make a bid. With digital cameras, being so affordable these days adding a image to your auction page is easier then ever. But, make sure the image is clear and well lit to show it's detail or any imperfections it may have. Also, keep the image at a reasonable pixel size so your auction page doesn't take to long to load.

1. Headlines
This is the most important issue for getting more bidders to your auction page. You must include words that people will search on eBay. And, you must make your headline enticing, so potential bidders will click it. If you are selling an antique make-up table a headline saying old vanity table would not pull in a lot of bidders. But, if you said something like "Vintage Vanity Table - Mint Condition - Collectors Item" not only would you get more potential bidders to view your auction, you would also be using words people would search eBay for. Your auction title would appear in searches for Vintage, Vanity Tables, Collectors Items. Therefore, allowing even more potential bidders to see your headline.

Happy Selling!
Joe Clare

Joe Clare is an active Netpreneur and eBayer! He is the author of numerous articles on how to make money online and be successful on eBay! Check out his latest Best Selling eBook "eBay Marketing Wholesale SourcePak" Your Passport to Success! at http://www.ebooksnsoftware.com


MORE RESOURCES:

Treasury Auctions Set for This Week
New York Times, United States - 19 hours ago
The Treasury’s schedule of financing this week included the regular weekly auction Thursday of new three- and six-month bills and an auction of four-week ...


A first for auctions in India: Gemstones go under hammer
Press Trust of India, India - 11 hours ago
New Delhi, Oct 13 (PTI) After paintings, sculptures and installations it is now the turn of gemstone sculptures to go the auction way. ...


New auction house opens in Hanover
The Evening Sun, PA - 4 hours ago
By STEVE MARRONI Phil Topper, left, auctions off an item at M and J Auction House's Thursday-night auction on Factory Street in Hanover. ...
Saving animals' lives: Happy Tails Therapy Dogs donates oxygen masks The Evening Sun
all 2 news articles


TopNews

Mexico auctions off $3 billion to prop up peso
The Associated Press - Oct 10, 2008
MEXICO CITY (AP) — Mexico's central bank has auctioned off US$3 billion in foreign reserves to prop up the falling peso. That's Mexico's largest auction yet ...
Mexico markets stumble, central bank sells $6.4 bln Reuters
Mexico cenbank struggles to back peso, stocks sink guardian.co.uk
Mexico's Peso Volatile, Weaker After Central Bank Auction FXstreet.com The Foreign Exchange Market
all 96 news articles


Auctions take a hammering
Geelong Advertiser, Australia - 2 hours ago
GLOBAL sharemarket panic has spooked would-be property buyers in Geelong and along the coast, plunging auction clearance rates down to just 12.5per cent. ...


Staten Island Advance - SILive.com

The Slot-Auction Saga Continues
Wall Street Journal Blogs, NY - Oct 10, 2008
The slots would then be put up for auction and claimed by the highest bidder. Federal regulators are hoping to force airlines to use larger planes hauling ...
Port Authority seeks to stop airport auction plan Newsday
US Completes Its Plan to Auction Slots at Airports New York Times
Government to proceed with New York airport slot auction asap News
Dailyrecord.com - RedOrbit
all 513 news articles


Insurance Auto Auctions opens new Nevada location
Search-Autoparts.com, OH - 2 hours ago
Insurance Auto Auctions, the leading North American salvage auto auction company, announced the opening of a new location in Reno, Nev., which will serve to ...


AFP

Global central banks set regular dollar auctions: Fed
MarketWatch - Oct 7, 2008
By Greg Robb WASHINGTON (MarketWatch) -- Global central banks have set a schedule for dollar liquidity auctions that will take place every two weeks through ...
Fed to double cash auctions to banks, up to $900 billion International Herald Tribune
Fed to boost auctions, pay interest on reserves Reuters
$700 Billion Was a Drop in the Bucket Motley Fool
CNBC - 24/7 Wall St.
all 119 news articles


Livestock auctions: Buyers choose locally grown meat at the fair
Belleville News Democrat,  USA - 6 hours ago
The senior at Clovis East High School has been raising hogs for The Big Fresno Fair's junior livestock auctions. After learning about clipping teeth, ...


Earthtimes (press release)

Ocean Tomo Places Fundamental Digital Media Systems and Digital ...
Earthtimes (press release), UK - 2 hours ago
CHICAGO - (Business Wire) Ocean Tomo Auctions – the auctions arm of Ocean Tomo, LLC, the leading Intellectual Capital Merchant Banc® firm – today announced ...

Auctions - Google News

home | site map
© 2006