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:

Top auction houses to put art market rally to test
Reuters
By Mike Collett-White | LONDON (Reuters) - Auction houses pinching themselves after bumper 2011 sales are now turning their attention to 2012, amid cautious optimism that the two-year bull run for top works of art will continue.

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Wayne Co. offers homes in Detroit for cheap
The Detroit News
In a stark sign that paying property taxes is optional for some in Detroit, Wayne County Treasury officials decided last week its workers will go door-to-door to some of the 6500 city properties unsold at last fall's tax auctions and offer to make a ...

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Fewer buffalo, higher prices from past years mark stock show auction
Rapid City Journal
He travels to auctions in Custer, Denver and Rapid City looking for animals, he said. "People tend to bring their better bulls to these things," White Thunder said. "They say if you go to a ranch, it's kind of like a feed lot so you don't really know ...

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Treasury Yield Is 3 Basis Points From One-Week High Before Debt Auctions
Bloomberg
Ten-year Treasuries yielded more than German bunds for the first time in four days as the US prepared to sell $72 billion of notes and bonds this week, starting with an auction of three-year securities tomorrow. “What's going on in Greece underlines ...

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Belfast Newsletter

Bargain homes bagged at auction
Belfast Newsletter
BARGAIN hunters were celebrating this weekend after seizing on the collapse in property prices to snap up super-cheap houses at auction. Twenty-four residential lots, starting from £10000, were sold in little more than an hour at the major sale in ...

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USA TODAY

Tom Brady Game Jersey Sells for Thousands at Super Bowl Auction
Patch.com
The 2011 game jersey was purchased at The Super Bowl XLVI Live Auction in Indianapolis on Saturday, tripling the item's presale estimated value, Hunt Auctions reports. Brady wore the jersey during the Oct. 16 game against the Dallas Cowboys.
Tom Brady Jersey Auctions For $46KWRTV Indianapolis
Tom Brady Jersey Sells For $46K At Auction Before Super BowlHuffington Post
Super Bowl 2012 Buzz:Indianapolis Star
WLKY Louisville
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Treasury Auctions Set for This Week
New York Times
The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ...



Hindu Business Line

Uninor to bid for 2G spectrum: CEO
NDTV
Uninor, a 67 per cent subsidiary of Norway's Telenor, plans to look at all options including fresh auctions of second generation spectrum by India to protect its investments. Sigve Brekke, CEO, Uninor said that the company was ready to participate in ...
Telenor readies legal, diplomatic fight to save investmentTimes of India
Norway's Telenor says 'not dead yet' in India marketEconomic Times

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Spain Renewable-Energy Future May Center on Auctions, Cinco Says
Bloomberg
Spanish renewable-energy projects may be awarded in the future through auctions, Cinco Dias reported, citing language in the January royal decree that eliminated guaranteed subsidies. The law champions “a new model for retribution” in which “resources ...

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Stockholm home to oldest auction house
Times of India
Herodotus has mentioned auctions in Babylon. Several types of auctions - from slaves to seized goods in an armed invasion - are mentioned in Roman and Greek history. The modern world's oldest auction house is the Stockholm Auction house formed in 1674.
Auction for Sale of Government StocksPress Information Bureau (press release)

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