NC ANTIQUES - Auctions And Estate Auctions








 

 

 


Four Huge Mistakes Ebay Sellers Make (Even Some Moderately Successful Ones)


No matter how many times I see it happening, I'm
constantly amazed at the number of people who are
literally throwing money away by making incredibly
simple mistakes when they sell items in an online
auction.

Over the last seven years, I've been making a great
living buying and selling products on eBay and other
online auction sites, and I've perfected a technique
that pretty much guarantees anyone can start making a
profit right away. That technique starts with avoiding
mistakes like these -- mistakes I've seen people make
every day for those same seven years.

If you're doing any of these four things, you're
leaving money on the table with every single item you
sell.

* Listing an item at the wrong time. It's a proven fact
more buyers browse Internet auction sites on Sunday
evenings than any other time during the week. If your
auction is scheduled to end at any other time than
Sunday evenings (specifically between 9 p.m. and 11
p.m. Eastern time), you're not getting the maximum
exposure for your auction at a time when people are
most eager to buy.

* Not giving your photos the attention they deserve.
There are two common mistakes people make with the
photos they use to entice buyers on eBay. One is not
having enough pictures to accompany your item's
description. Over the years, I've learned pictures of
your item are one of the most important components of
your sales page. (There are many reasons for this, but
I don't have the space to go into much detail here.)
Multiple pictures from various angles will ALWAYS help
you get higher bids for your products. The second
mistake is not making sure the pictures are up and
running on whatever server you're using BEFORE you list
your item. How many times have you been browsing an
auction site and seen a blank box where a picture of
the item should have been? That's a seller who's losing
money because of a very simple, and very common,
oversight.

* Using "Las Vegas style" listings. I'm sure you know
what I'm talking about here. A Las Vegas listing is one
that uses all kinds of flashing animation, multicolored
text and other bells and whistles in an attempt to
entice bidders. In fact, it does just the opposite.
Listings like these are distracting, hard to read, and
will always discourage people from bidding, resulting
in a lower final sales price. The descriptions that you
give of your item on your sales page ARE NOT designed
to get a buyer's attention (you already have that if
they've clicked on your listing in the first place).
They should be designed to get someone to actually
place a bid.

* Using a reserve. Using a reserve to guarantee that
you'll get a minimum price for an item will absolutely
kill your auction. Trust me, I've seen it happen too
many times to not accept this as a given. In fact, I
often use other seller's auctions that have a reserve
as a way to pick up items at ridiculously low prices
that I can sell "the right way" for a huge profit a few
days later -- but that's a different article
altogether. For now, just realize that nothing scares
away potential bidders better than seeing the "Reserve
Not Yet Met" tag. If you're truly concerned about a
minimum price, simply set your starting price a little
higher.

John Reese has been actively involved with online
auctions and eBay since 1996. Mr. Reese has written
several articles on the subject and has recently
created the "Internet Auction Secrets" Video for
teaching others how to start, run, and manage a
successful online auction business from home.

His 2-Hour Step-By-Step Video comes with access to
a "Student's Only" web site where his students can
keep up with the latest tips, tricks, and techniques.
You can learn about how *you* can become one of his
students at: http://www.auctionsecrets.com

NOTE to Editors:  Feel free to join our affiliate program
and substitute your own affiliate link for our URL in bio box.
Go to http://www.auctionsecrets.com/affiliateprogram.html

NOTE2: You may run this article provided you run it with the bio
box intact. Please email a copy of your publication with article
in it to the author's publicist at ArticleDeptBill@rtir.com


MORE RESOURCES:

WANE

No sale: Car auctions struggle
Fort Wayne Journal Gazette
People view cars Saturday to be auctioned during Auctions America by RM at the Auburn Auction Park. Mike Kramer photographs cars in the Parade of Classics ...
Auburn car auction still a destination driveNews Sentinel
Low attendance hinders new alternate auctionFort Wayne Journal Gazette
Renovated Auburn auction park a big hitWANE
Indiana's NewsCenter -PR-USA.net (press release)
all 8 news articles »


AFP

Michael Jackson auction 'not against his wishes': report
AFP
HONG KONG — The auction house that is putting Michael Jackson's memorabilia under the hammer in Macau has dismissed accusations that the sale goes against ...

and more »


Estate auction fetches big crowd
South Coast Today
Photos by RICKY A. PURSLEY/Standard-Times special A crowd gathers to look at items offered in an estate auction Saturday at VFW Post 2425 in Marion. ...

and more »


Concierge Auctions Successfully Sells Luxury Hawaiian Residence in Exclusive ...
PR Newswire (press release)
4 /PRNewswire/ -- A live, luxury property auction conducted yesterday on the sunny Kona coast on the Big Island of Hawaii resulted in a successful sale, ...

and more »


Banks Boost Yield Through FDIC Auctions
TheStreet.com
... to consumers and small businesses, they don't really have to yet - they're growing loan books through Federal Deposit Insurance Corp. auctions instead. ...

and more »



Stuy Town foreclosure auctions blocked for now
Reuters
NEW YORK, Sept 2 (Reuters) - A New York judge has blocked two sets of competing creditors from conducting foreclosure auctions related ...

and more »


Kuala Lumpur News

Hong Kong auctions land, price surpasses estimates
Reuters
The government has been selling land at higher-than-expected prices over the past few auctions as demand for posh apartments has been holding up well in ...
Hong Kong Land Sale Beats Estimates as Demand Withstands Cooling EffortsBloomberg

all 74 news articles »


USA Today

A 1931 Detroit Electric car heads to the auction block
USA Today
RM Auctions, which is putting the 1931 model on the block this weekend through its Auctions America by RM subsidiary, says as few as 110 Detroit Electric ...

and more »


Sir Elton John's Mother To Sell Records At Auction
Luxist (blog)
The items will be sold through the Gorringes auction house. The October auction will also including items that belonged to John's ex-manager Bob Halley, ...

and more »

Google News

home | site map
© 2006