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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

Will they or won't they? - Sydney Morning Herald


Will they or won't they?
Sydney Morning Herald
The clearance rate was 58 per cent for the 101 auction results reported to the Real Estate Institute of Victoria. The outcome of another 36 sales is still unknown. Many commentators are tipping the RBA will cut rates by 0.25 percentage points.

and more »

Market middle ground proving elusive - Sydney Morning Herald


Sydney Morning Herald

Market middle ground proving elusive
Sydney Morning Herald
Real Estate Institute of Victoria spokesman Robert Larocca said the level of new stock coming onto the market for February was surprisingly high. ''We've got 10-15 per cent increases in stock levels for the first few weeks of February compared with ...

and more »

Got $1.8M? This Harrison estate is up for auction - The Journal News | LoHud.com


Got $1.8M? This Harrison estate is up for auction
The Journal News | LoHud.com
Its owner — international real estate developer Neill Bernstein, dubbed “Cape Town's Donald Trump” — has lived there for several years but now is returning home to South Africa. Misha Haghani, founder of Paramount Realty USA, is handling the auction ...

and more »

Tucson resort avoids auction block, for now - Arizona Daily Star


Tucson resort avoids auction block, for now
Arizona Daily Star
Starr Pass Resort Developments, the owner, took on the debt before the real estate bubble burst and the property, which opened in 2005, was only just getting its footing when business and leisure travel screeched to a near halt.

and more »

Fannie Mae's Fire Sale - Barron's


Credit Union Times

Fannie Mae's Fire Sale
Barron's
How to buy a cut-rate rental property. Fire sale! The Federal Housing Finance Agency has approved a big residential real-estate auction at Fannie Mae to help the mortgage giant unload its inventory of 122616 foreclosed houses. For the first time, ...
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)

all 58 news articles »

Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ... - MarketWatch (press release)


Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ...
MarketWatch (press release)
The auction will be conducted in cooperation with Rivers To Peaks Real Estate ~ Big Sky Real Estate. "The seller developed these idyllic vacation homes ideally situated in the heart of the most luxurious amenities these communities offer," stated ...

and more »

Gold Coast back on the road to paradise - The Australian


Gold Coast back on the road to paradise
The Australian
It was - as she told her children - excellent shopping when the biggest single auction of real estate nationally was held on the Gold Coast last weekend. And the buyers, many of whom had flown in from interstate, were out in force picking up properties ...

and more »

Yarmouth Route 28 motels sold at auction - Wicked Local


Yarmouth Route 28 motels sold at auction
Wicked Local
The twice-postponed auctions drew a mixed crowd of lawyers, real estate brokers, neighbors and a town planning board member. The motels have been the focus of a civil lawsuit for more than a year. The town sued the motels' former owner for violating ...

and more »

JP King to Serve on Panels at Upcoming Conferences for Financial Solutions ... - MarketWatch (press release)


JP King to Serve on Panels at Upcoming Conferences for Financial Solutions ...
MarketWatch (press release)
Being the nation's oldest real estate auction marketing firm, JP King is frequently requested for speaking engagements and has accepted several of those opportunities in the coming weeks, the first of which begins today. "When I first came into the ...

and more »

Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ... - MarketWatch (press release)


Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ...
MarketWatch (press release)
24, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions, the nation's preeminent luxury real estate auction firm, auctioned high-end properties throughout 15 states in 2011. The year proved successful for the NYC-based company, as the firm produced a ...

and more »

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