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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:

Auctions - Google News

Kennedy Wilson to Auction $80.9M Commercial REO Portfolio for Major Financial ... - MarketWatch (press release)


Kennedy Wilson to Auction $80.9M Commercial REO Portfolio for Major Financial ...
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The company offers a comprehensive array of real estate services including property and asset management, brokerage and auction services, and construction ...

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Emerging-Market Stocks Advance as Concern Eases That Recovery May Falter - Bloomberg


Emerging-Market Stocks Advance as Concern Eases That Recovery May Falter
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Poly Real Estate Group Co., the nation's second-biggest listed property developer, fell 4.1 percent, and Industrial & Commercial Bank of China Ltd. lost 0.7 ...

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SE Asia Stocks-Perk up but volume falls; Manila at record high - Reuters


SE Asia Stocks-Perk up but volume falls; Manila at record high
Reuters
In Manila, gains were led by property shares, with a 7.97 percent rise in real estate firm Ayala Land Inc (ALI.PS), the second-biggest firm by market ...
SE Asia Stocks-Pull back further amid European bank concernsReuters

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Tulsa auction firms merge - Tulsa World


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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Asian shares mostly rise as Europe worries ease - The Associated Press


Reuters India

Asian shares mostly rise as Europe worries ease
The Associated Press
Real estate companies were among major decliners, with Poly Real Estate dropping 4.1 percent, while China Vanke lost 3.4 percent. ...
Tokyo Shares End Higher; Eased Concerns Over European Debt Lift MoodWall Street Journal
LEAD: Stocks rise modestly as Europe's debt worries ease, yen retreats+TMCnet
Barchart US Morning CallInside Futures
Bloomberg
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Hotels Lure Investors as Lodging Surpasses US Offices, Retail - Bloomberg


Hotels Lure Investors as Lodging Surpasses US Offices, Retail
Bloomberg
Sales of hotels jumped 136 percent in the first half of 2010 from a year earlier, the biggest gain among five commercial real estate categories tracked by ...

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Asian Shares Mostly Up; China Banks, Property Cos Fall - Wall Street Journal


Reuters

Asian Shares Mostly Up; China Banks, Property Cos Fall
Wall Street Journal
China Vanke was off 2.3%, Poly Real Estate fell 1.7%, Industrial Bank was down 1.8% and Citic Bank slid 1.4% while Bank of China was 0.6% lower. ...
US Stock Futures Rise After Jobless Claims, Trade Deficit DataWall Street Journal
BEFORE THE BELL: US Stock Futures Higher Before Jobless DataWall Street Journal
US stock futures add to gains as jobless claims dropMarketWatch

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Trustee Seeks to Auction 80 Artworks Owned by Defunct Dreier Law Firm - Law.com


Trustee Seeks to Auction 80 Artworks Owned by Defunct Dreier Law Firm
Law.com
The estate will not pay a commission to Phillips de Pury. Instead, the auction house will receive a buyer's premium that will be added to the final bidding ...

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BEFORE THE BELL: US Stock Futures Up After Portugal Bond Auction - Wall Street Journal


BEFORE THE BELL: US Stock Futures Up After Portugal Bond Auction
Wall Street Journal
Real estate investment trust UDR Inc. (UDR) on Tuesday announced it would acquire five communities and one pre-sale venture for $455.1 million, ...

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Home sales stalled? Auction that house! - Christian Science Monitor


Christian Science Monitor

Home sales stalled? Auction that house!
Christian Science Monitor
Although a popular way to sell homes in places like Australia, and a growing trend in New Zealand, real estate auctions are generally seen as a way to ...

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