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Archive for the ‘Auction’ Category

Finding The Perfect Auction Site

Tuesday, July 21st, 2009

Selling through online auctions is a great way to earn extra cash or even start a full-time business. There are many auction websites, but you’ll want to find a site that best fits your selling needs. Here are some tips.

Be an Auction Lurker

Before listing your items, observe the auctions for a while. See what’s hot and what’s not. Every auction site will have its own unique audience. Some will attract more of certain types of buyers than other auction sites.

Also, observe how the site operates on a day-to-day basis. Do the auctions seem to end with more bids on certain days of the week or a certain time of the day? For instance, auctions that end on late Saturday night get more bids than those ending on a Tuesday night. Lurking at different auction sites will help you find a one-stop online auction shop that’s right for you.

Test Your Auction Items

When searching for your one stop online auction shop, try several test auctions with some of your items. Monitor the response as well as the amount of traffic the listings receive during the auction’s running time. Many auction sites allow you to place a visitor counter on your auction pages so you can know how many people view your auction. If you sell many types of products, advertise several items from a few categories.

Minimize Auction Expenses

You only pay when you sell items instead of paying high fees just to advertise your products, so you are taking no risk when listing your items. Though these auction sites may have smaller amounts of traffic than the larger bidding sites, you might find the savings will make it worth your while. After all, auctions are supposed to be “bargain” sites, right?

Some auctions charge a fee AND take a percentage of each sale. These may have more traffic, but the charges add up in a hurry and every listing can become a financial risk when you’re just starting out.

http://www.ubid4it.org.uk is committed to providing professional, honest, innovative and top quality auction services to individuals, families, and companies. Their experience, strong business ethic, continuing education, and community involvement enables them to achieve their client’s goals and provide a needed public service. Their goal is to not only being an ebay alternative but to become a highly regarded online auctions website in their own regard. By charging no listing fees and by allowing sellers to link their auction ads to their own websites they feel they provide one of the best free advertising opportunities on the internet.