Archive for the ‘Auctions’ Category

Distinguishing the Differences Between Auctions

It seems like new information is discovered about something every day. And the topic of auctions is no exception. Keep reading to get the most current auction information available.

Learn about the differences between various types of auctions, on and offline.

English auction: This is what most people think of as an auction. Participants bid openly against one another, with each bid being higher than the previous bid. The auction ends when no participant is willing to bid further, or when a pre-determined “buy-out” price is reached, at which point the highest bidder pays the price. The seller may set a ‘reserve’ price and if the auctioneer fails to raise a bid higher than this reserve the sale may not go ahead.

Dutch auction: In the traditional Dutch auction the auctioneer begins with a high asking price which is lowered until some participant is willing to accept the auctioneer’s price, or a predetermined minimum price is reached. That participant pays the last announced price. This type of auction is convenient when it is important to auction goods quickly, since a sale never requires more than one bid.
Read the rest of this entry »

Tags: , , , , , ,

10 Sure-Fire Ways To Kill Your Ebay Business

It’s surprisingly easy to kill your eBay business, if you’re not careful – sure, you can start over from scratch without it costing you anything, but do you really want to? Still, if you want your business to end up dead in the water, here are some simple ways to do it.

Lie about an item: Say it works fine when it sometimes doesn’t work. Say it’s in perfect condition when it has a scratch. Your customers will hate you!

Post whenever you feel like it: Make sure to leave your customers hanging around, wondering when their item is going to turn up. This makes sure they buy from someone else next time.
Read the rest of this entry »

Tags: , , ,

Buying and Selling Tips for Ebay

When it comes to obtaining merchandise for the best possible price you can’t beat the prices at your favorite auction. Exactly the reason the world wide web has supplied us with an abundance of auction sites with Ebay being the Grandaddy of them all. These sites offer goods and services at prices no other marketing arena can afford.

They also afford individuals as well as small business owners the opportunity to pick up some extra income. Stay at home Moms, retirees, disabled workers and small time entrereneurs are making small fortunes from sites like Ebay. And doing so with no website, website skills and No Investment capital to start their businesses.
Read the rest of this entry »

Tags: , , , , , ,

10 Steps To Successful Selling On Ebay

So you want to be a successful seller with your own eBay business, do you? Here’s a simple, ten-step path to eBay enlightenment.

Step 1: Identify your market. Take a while to sit and watch for what sells and what doesn’t out of the items you’re interested in. Any market research data you can collect will be very useful to you later on. You’ll probably see the ‘sweet spots’ quite quickly – those one or two items that always seem to sell for a good price.

Step 2: Watch the competition. Before you invest any money, see what the other sellers in your category are up to, and what their strategies are. Pay special attention to any flaws their auctions might have, because this is where you can move in and beat them at their own game.
Read the rest of this entry »

Tags: ,

10 Secrets You Should Know Before Bidding

Yes! You know many online auction sites.

Course you may have participated in some of the biddings.

The next time you decide to bid for a product or a service, do remember these vital online auctions secrets and tips.

1.    Important to know the value of the product you plan to bid. Product is new? Check the price retailers are charging for it. It helps in two ways, you’ll know the original cost and helps you to pay way less than the retail value, if it is old or re-conditioned.

2.    To ensure that you get a good product, get the complete information and picture of the product from merchant, if the details are incomplete on the site.
Read the rest of this entry »

Tags: , , , , , , , , ,

Avoid The eBay Snipers!

Sniping always occurs when a bid is about to end.
Sniping is against the rules at eBay, but in most cases, even if you report it, the sniper will get away with it. In order to avoid losing the items you want to snipers at eBay, you have to take on the sniper way of thinking. You also need to snipe in a way that will not violate eBay’s rules.

Snipping can be done in one of two ways. The first way is the safest, but not necessarily the easiest.
Simply keep up with the item you are bidding on.
And make certain that you are in front of your computer and logged into the auction well before that exact time. The idea is to either bid higher than the highest bid during the last few seconds – which is what snipers do – or to just make sure that you are not outbid by a sniper.

Keep in mind that sniping is against the rules, so you should log in about thirty or forty five minutes before the bidding ends, and get your bid up until it is the highest bid. If you’ve been logged in for a while, this cannot be considered sniping.
Read the rest of this entry »

Tags: , ,