Posts Tagged ‘auction’
Ebay Auction Pricing Strategies
If your items aren’t selling, then you might have a bad pricing strategy. There as many pricing strategies in the world as there are buyers – if you look at two businesses selling the same thing, often the only difference you’ll be able to find between them is pricing.
The ‘Few Dollars More’ Strategy.
Here’s something you might not have thought of. If you set your auction’s starting price to what you would usually charge for Buy it Now, while setting the Buy it Now price a few dollars above, you can make a profit by setting off an interesting psychological reaction in the buyer’s mind.
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All About Online Auctions
How to make Auctioning a Profitable Business
It wouldn’t be exaggeration to say that hundreds of thousands of people from across the world visit buy and sell myriad products on auction sites. One popular site has a market share of 76%, reports 42.7 million users recording a growth rate of 100% every year!
What are these auction buyers looking for?
A poll conducted by Harris Interactive on 2,196 people shows that online auctions appeal to people for the following reasons.
- Bargains (43 percent)
- Hard to find items (23 percent)
- Collectibles (21 percent)
Not just that, a record 83% people have actually bought something!
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Tags: auction, auto, automobile, buy, car dealer, cars, ebay, sale, seized car, used car
A Look At Third Party Ebay Tools
There are plenty of companies out there offering third party eBay tools. Most of them are web-based instead of downloadable, so you pay a monthly fee instead of just buying the software. But do you know what these sites can do for you? It can be hard to get to grips with what’s out there using a search engine, so here’s a quick rundown of the key players.
Andale (http://www.andale.com).
Andale offer lots of small products instead of one solution that does everything: you can take your pick from a lister, image hosting, counters, analysers, a gallery, a checkout and an email manager. The price plans are a bit of a maze, but quite reasonable as long as you don’t go and use everything.
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10 Secrets You Should Know Before Bidding
Yes! You know many online auction sites.
Course you may have participated in some of the biddings.
The next time you decide to bid for a product or a service, do remember these vital online auctions secrets and tips.
1. Important to know the value of the product you plan to bid. Product is new? Check the price retailers are charging for it. It helps in two ways, you’ll know the original cost and helps you to pay way less than the retail value, if it is old or re-conditioned.
2. To ensure that you get a good product, get the complete information and picture of the product from merchant, if the details are incomplete on the site.
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Tags: auction, auto, automobile, buy, car dealer, cars, ebay, sale, seized car, used car