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Auction and Its Benefits
An auction is basically a public sale wherein any object is sold to the highest bidder. It can be defined as a process of purchasing and selling things by offering them up for bid, taking bids and selling the things out to the highest bidder. This is what is generally the case. However, a sale to the lowest bidder may also take place, in cases where land is sold for non-payment of taxes to anyone willing to take it for the shortest term; or where a contract is offered to an individual or party willing to take it for the shortest term; or where a contract is offered to an individual or party willing to perform it at the lowest price. Such cases too seem to fairly come under the purview of the term 'auction'.
In case of auction the seller presents the products on a public platform. The selling price of the products are determined by the bids or offers of buyers interested in buying them based on their individual estimation of value of and need of the products. The person offering the highest bid at closing of auction receives the right to purchase the products at the bid price. The winner of the bid is normally legally bound to buy the item auctioned. In recent times auctions have been conducted online.
The benefits of auction are many. Some of the significant advantages are:
a) The auctioned item fetches the highest price in the given situation. Thus, in a way there is the maximization or optimization of profit.
b) At an auction the goods are almost certainly disposed off after bidding by their sale to the highest bidder. Hence, this serves as the right podium for disposing or selling out of accumulated goods. Otherwise, business could have become stagnant due to the stocking of these goods. Certain items could also have perished (in case of perishable goods) or expired if not sold out in time.
c) In case of auctioning a variety of articles may come up for sale, which may not be otherwise available in the market. The buyer can get quite surprised by looking at a treasure trove of antique articles available at an auction.
d) An auction can also be considered as a method for estimating the value of certain commodities which have hitherto undetermined or variable prices.
Everything You Need To Know About Ebay Money Making Opportunities
Ebay money making opportunities are simply the best thing to come along since the wheel. Seriously, everybody from grandmothers to middle school kids are cashing in on what's been called the $14 billion ebay pie.
Get Yourself A Piece of The eBay Pie
Ebay is without a doubt the greatest internet marketing phenomenon of all time. Millions of people log on every minute and every second there are hundreds of items listed, sold and bought, and of course money is made. It has become the world's largest marketplace, where the potential for selling an item is exponentially increased due to the sheer volume of people who can view the item for sale.
Killer Tips To Succeed With eBay Auction
For just a moment, try to comprehend the power of the Internet. Every day, there are millions of people from around the globe "surfing the web."
So What Are YOU Going To Do About eBays Fee Increases?
Unless you have been hiding under a rock, I am sure that by now you have heard that eBay is raising its fees. So what's a small merchant to do? Here are some suggestions.
eBays Latest Fee Increases--Is this the beginning of the end?
On January 13, eBay sellers received an unwelcome announcement from eBay. Fees were going up.
Drop-ship or U-ship: That is the Question
For small Internet retailers, drop-shipping is one of the best innovations since sliced bread. How else can a start-up offer a wide variety of products and convince customers that they have a fully-stocked warehouse-while investing virtually nothing in inventory or warehousing? Before you jump right onto the drop-shipping bandwagon, however, there are some pitfalls to avoid.
Profit through Other Peoples eBay Errors
There are many issues that influence how an eBay auction ends. Timing, Description, Title, Photos, the list could go on and on. However, one tiny error will be the deciding factor on what the final price is & whether your auction ends successfully or not.
Finding Products to Sell on eBay
Do you know how many people in US are earning their livelihood with the help of eBay? According to a new survey conducted on July 2005 by ACNielsen, a leading research firm, an astounding 724 thousand Americans respond that they rely on eBay for their main or supplemental income. Apart from these professional sellers, another 1.5 million people confirmed that they generate additional income by selling goods on eBay. Last year alone, around 150 million registered users have sold over US$ 34 billion worth of goods on eBay. Isn't it amazing?
Buying At Auction: 6 Hints to Make You a Successful Bidder
Buying at auction, be it for stamps or coins, antiques or even cattle, can be one of the most exciting and profitable experiences possible. It can also be expensive and utterly frustrating. The best way to come out ahead is to learn the tricks of the trade early. Here are some suggestions that should help you get on the fast track to success.
Start Selling On eBay - Getting Started On The Right Foot
You've started your own eBay business and, even though it's part time right now, you know it's going to become a huge success. You are able to see the day when you can set your own hours, set your own dress code and call your own shots. The world is your oyster and you are raring to go. Just be careful you don't fall into the one of the major work-at-home traps.
E Bay.com HTML Auction Templates: Which is Best for Ebay Selling?
There are a plenty of free e bay.com free auction template services out there and I would like to help you find the service that will best suit your needs by comparing what i feel is the top two contenders. FoamTemplates.com and Auctioninsights.com.
Your Junk is Another Persons Gold
Saving money can be quite hard to do if you are on a tight budget, but all of us can do it very simply by selling the things that are cluttering up our homes and which we no longer need. I am fairly sure that most of us, if asked, would like some extra cash to help pay off a loan or other debt, or to put towards something nice like a holiday or something else that you would like to save up for.
To eBay or NOT to eBay
FACT: eBay's Gross Merchandise Sales (GMS) 2003 - GMS, the total value of items sold, was a record $24 billion, representing a 60% year-over-year increase from the $15 billion reported in the full year 2002
Drop Shipping Is Your Perfect Home Based Business Solution
Drop Shipping Is Your Perfect Home Based Business Solution
Buying & Selling Gently Used Baby Clothing, Strollers, Toys, and Other Baby Items & Products on eBay
Need Extra Money? Buy and Sell Your Gently Used Baby Clothing, Car Seats, Strollers, Toys, Books and Products on eBay! Hi Moms, So, you had your precious baby, and you couldn't resist -- all of those cute and beautiful baby dresses, rompers, suits, jean sets, christening gowns, onesies and unique designer baby clothes (like Tommy Hilfiger) that called to you when you were in the Gap, Old Navy, Osh Kosh or Little Me. Not to mention the countless baby clothes that relatives gave you that weren't quite your style, or too big or too small for your baby and still have the price tags on them, never worn. Well, if you have these baby clothes taking up lots of space in various closets and dressers around the house and thought you would just have to take a loss on these baby items, think again! There is a thriving used baby goods market on eBay, the world's biggest yard sale, garage sale and online auction. If you've got a used baby item, chances are you can sell it on eBay. There are sections on eBay for used baby boy and baby girl clothing for each stage of your baby's life -- 0-3 months, 3-6 months, 6-9 months, 12 months, 18 months, 24 months, 2T, 3T, 4T, and 5T. Not only that, but you can also sell your maternity clothes on eBay too! Have an old car seat, stroller, old or antique baby toys that aren't being used anymore? Have unused diapers, baby bottles, breast pumps or baby toys that have not been used? You can also sell these items on eBay. I have even seen listings for unused leftover birth announcements! I'm telling you, if you've got it, you can sell it on eBay. Best of all, the process for listing your baby items is easy. All you need to do is sign up to be a seller (it's free), take photos of your items and post them, write a description and you're in business. Now that we've talked about the benefits of selling your baby clothes online, let's talk about the other side of the coin, buying gently used baby clothes and baby items online. Just as you are selling nice gently used baby clothes, other moms around the country are selling their baby clothes and baby items at bargain prices. Since babies and kids grow so quickly, buying used baby clothes and even used car seats, high chairs and strollers can be a great way to get nice beautiful clothes and baby accessories and save money at the same time. Buying used baby items is just as simple as selling them, if not simpler. Just sign up as a buyer (its free also), search eBay for the baby item you would like and place a bid. Don't want to wait for an auction to end or really want that baby item you see? Search eBay for items with the "Buy It Now" logo and you can just select the baby item and pay for it outright. It's just that simple. Ready to start buying or selling or even just want to see what's online? Even if you don't want to bid on, buy or sell anything now, you can register on eBay for free (it only takes 2 minutes) so when you want to sell in the future, you'll be all set! The registration process is quick and easy. Visit http://www.mypreciousbaby.com/selling-on-ebay.htm (or click on the link at the end of this article) for more details.
Sell Your Items at Cost and Make a Fortune on eBay!
Like all ebay sellers I wanted to sell all of my items at a profit and what I found was that when I was getting to the end of line items that I was ending up selling them at cost, even though the items were finally selling at a profit price, because I was having to factor in the ebay relisting fees etc.
An Introduction To eBay Consignment
After I started selling on eBay, I was approached by friends without computers who wanted me to sell their items for them. They had heard stories about the outrageous prices items some ebay auctions brought. They knew I could get more money for them on eBay than they could get selling the items themselves. An added incentive to them was I did all the work. All they had to do is say "I don't want this anymore, sell it for me;" and within a few weeks I converted their castoffs into cash.
Attract eBay Buyers Like Crazy!
As an ebay(TM) seller it happens very often (too often) that listings close without any bids. Did this happen to you? Many sellers are frustrated and quit their eBay(TM) business. Have you realised that these fees from unsold items can sum up quickly. We asked ourself: "What are the reasons for so many items not being sold on eBay(TM)?"
From Ebay Zero To Power-Selling Hero: What It Takes
Have you ever wondered what it takes to be "the best of the best"; to outcompete everyone who tries to do what you are doing--and to keep them guessing exactly what it is that makes you so much better?
How To Sell On Ebay: The Money Is In The Back-End
Many people who sell on Ebay completely neglect the follow-up process. They post an auction. Someone wins. They send an automated message to the winner. They ship the item. End of story. End of buyer-seller relationship.
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