Auction Information

5 Secrets for Increasing Auction Profits


1. Include your ebay seller name, store, and website information with all items you ship. THis can encourage re-orders and help the buyer leave feedback. I remember one particular incident, as a buyer I wnated to reorder a product from a seller but I couldn't remember their ebay seller name and so never reordered the product.

2. Email customers after you have shipped their item to ask them if they recieved the item and if they are pleased with it. This not only builds trust by showing you care but also gives you the opportunity to add a link to your recently lited items on ebay or your website in your signature line.

3. Put a subscription box on your about me page to capture email addresses and follow up with visitors with news about your products, industry, sales you may be having, product information and inprovements, specials, etc.

4. State in all your auction listings that customers can save on shipping costs by bidding on multiple items at the same tim. Include information about other auctions you have listed at that time that may be related to the product in the auction. Try to link to the items and open the page in a new window so the bidder does not lose his place. Use a picture of the item to encourage bidders to look at your other items.

Many people use an auction listings gallery which inserts pictures of their other items into their auction descriptions like the the one at andale.com.

5. Try to add bonus items to your auctions where applicable to encourage bids. Free ebooks, extra ad space (if you're selling ad space), free software, free samples of related items you sell, coupons for free shipping of the next item the bidder wins, etc.

There are several ways to skyrocket your earning with your auctions, be creative and you're sure to see a difference in your bottom line.

Jennifer Parks is the author of Selling-on-Ebay-Now.blogspot.com with free information, software, resources, and secrets for selling on ebay.


MORE RESOURCES:


Town Hall

MARKET COMMENT:European Stocks Higher After Portuguese Auction
Wall Street Journal
Portugal successfully completed a bond auction Wednesday, helping to alleviate some of those worries. The Portuguese government saw its borrowing costs rise ...
Portugal auction improves European sentimentFinancial Times
Summary Box: Portugal bond sale reflects debt fearThe Associated Press
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KXLY Spokane

Hartford, Lincoln Bailout Warrants May Reap $871 Million in US Auction
Bloomberg
If that fails, a public auction is held. The biggest was for Bank of America Corp., the largest US lender, whose bailout warrants sold for $1.57 billion. ...
Summary Box: New warrant auctions announcedThe Associated Press
U.S. to Sell Warrants in 2 BanksWall Street Journal
Treasury to sell Hartford, Lincoln Nat'l warrantsMarketWatch
BailoutSleuth.com (blog) -One News Page -National Underwriter Life and Health Insurance News
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Raymond James Auction-Rate Suit Is First to Be Upheld
Bloomberg
Raymond James & Associates must face a lawsuit claiming it defrauded buyers of auction-rate securities, ...

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Globe and Mail

FOREX-Euro rises after auctions; Canadian dollar soars
Reuters
NEW YORK, Sept 8 (Reuters) - The euro rose against the dollar on Wednesday, buoyed by successful bond auctions in Portugal and Poland that ...
FOREX-Euro recovers, yen at 15 year high vs US dollarFOXBusiness

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UPDATE 1-Fed to auction term deposits in Oct, Nov
Reuters
Term Deposit Facility auctions will be held about every other month, the Fed said. Auctions will be held Oct. 4 and Nov. 29, each one for $5 billion of ...
Fed to Sell $5 Billion of Term Deposits to 'Ensure Readiness'Bloomberg
Fed: Continuing to Test Term Deposit FacilityIMarketnews.com
Federal Reserve Authorizes More Offerings Of Term DepositsNASDAQ
Forexyard
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Shaken not stirred: 007's Aston Martin goes up for auction
Reuters
The gadgets are all controlled by toggles and switches hidden in the center arm-rest, said collector car auction house RM Auctions, which is presenting the ...

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Tulsa auction firms merge
Tulsa World
Real estate auction company Williams & Williams is merging with the Auction Network, an Internet video service firm. ...
Williams & Williams Worldwide Real Estate Auction and Auction NetworkTM Merge…EON: Enhanced Online News (press release)

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Washington Post

McDonnell turns to auctions, sales, taxes to finance liquor plan
Washington Examiner
McDonnell would use the auctions and sales of licenses, as well as fees and taxes, to provide an estimated one-time windfall of at least $458 million and to ...
Governor rolls out plan for state liquor salesRoanoke Times

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EUR Gains on Successful Portugal and Poland Debt Auctions
Forexyard
The EUR rose against the US dollar on Wednesday, buoyed by successful bond auctions in Portugal and Poland that made the single currency's fall the prior ...

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