Auction Information


How To Increase eBay Profits


Some sell on eBay to clean out their garage or attic. Some sell to make a little extra money here and there. But for some, eBay represents a chance to create a second income or start a home business. Product choice is important. But to really increase profit you must know how to increase the number and amount of bids per item. An eBay seller must maximize each product's profit margin. This article describes techniques to make as much profit as possible.

1. Sell like products at the same time. Bidders look to see what else you have for sale they might be interested in. Combined shipping saves postage for the buyer. Packing in the same box saves time and packing costs for the seller.

2. Bundle a less desirable item with a more desirable item increases sales. This is an old offline auction technique. If the bidder wants the better item he has to buy both. If two sellers offer the same item, the buyer bids on the two item auction. Bundling two low cost items together also increases bids. A buyer may not be willing to pay shipping for one item, but would for two.

3. Remember seasonal issues. Don't sell snow skis in July, water skis in January. Be sure to offer seasonal items early enough to allow for shipping. Don't expect to sell many Christmas items that must be shipped during the second week of December.

4. Understand profit margins. Don't buy to resell for only a $5 profit when you can make $20 on a different item. Determine your desired monthly income and choose products appropriately. Want to make 1000 a month? That is $250 a week. That's ten successful actions at $25.00 profit, or five items at $200 a month, or ten items at $100 each. Also packing 10 items takes less time than packing 20 items. Always consider time as a cost.

5. Don't forget back end sales and secondary products. Offer similar products during the payment process or on your auction store/web site. If you sell underground fences for dogs, an up-sell item is a customized collar. A secondary product could be a pet door. Another secondary product could be a ebook on "Travel Safely With Your Pet". A back-end sale to the ebook could be a item that helps your family travel safely with your pet.

6. The List - For many successful online sellers the mailing list is where their money is made. Using a autoresponder, sellers automatically email customers on their list at regular intervals. Including content with announcements of upcoming sales increases back end sales. Once a customer buys, they are more likely to buy again from same person or company.

7. Customer demographics should be considered. Collectors have expectations non-collectors don't. Example, some book buyers that are allergic like to see "book from non-smoking home" in ad. This would earn you a higher bid. What does the customer expect to see in a description?

8. Auction terms and conditions should be included with each auction. What shipping options are available? Do you take questions? Do you ship only certain days? What kind of payments do you take? Type whatever standard terms you offer in a word processor and cut and paste into your auctions. This saves time. For some sellers, typing the content for each auction is one of the most time consuming tasks.

Profit involves keeping costs reasonably low and creating higher bids. We've described some techniques for increasing profit. Sit down and mentally run through the process of auction selling and come up with some of your own ideas. EBay is a great business opportunity but like any business, sellers must be wise in their product choice and sales techniques.

Author info: L. C. Peterson is a writer and web marketing consultant. Her sites include http://www.new2auctions.com, http://www.LCPeterson.com, and http://www.publishingebooks.com. For more information on online marketing, content and ebook creation and online auctions take a look.


MORE RESOURCES:
Police to Auction Off an Inmate’s Designer Sneakers  The Indian Express

The police in Gloucestershire, England, will use the proceeds from the sale of 55 pairs of shoes to fund crime prevention initiatives.


Threadgill's auctions off memorabilia with years worth of memories  KXAN.com

AUSTIN (KXAN) — Back when Congress Avenue was a barley-paved, two lane road, Threadgill's was becoming a place to play the guitar for anyone who would ...


Threadgill's World Headquarters Auctions Memorabilia  Spectrum News

AUSTIN, Texas — Hundreds of people attended Threadgill's World Headquarters auction Saturday, hoping to take home a piece of Austin history. Hundreds ...


Selected Western livestock auctions | Livestock Auctions  Capital Press

Oregon. EUGENE. (Eugene Livestock Auction). Dec. 1. Head Count: 510. Comments: Slaughter Cows steady to $3 to $5 higher, Bred Cows stronger, Feeder ...


Mexico to cancel February auctions for oil, gas blocks including first shale areas: energy secretary  Reuters

Mexico's energy secretary Rocio Nahle said on Saturday that President Andres Manuel Lopez Obrador's newly installed administration would cancel two ...


First Friday in Carbondale tonight is full of holiday events, auctions  Aspen Times

Holiday tradition will fill Friday night as Carbondale hosts multiple events for its monthly First Fridays celebration. Activities will get under way with a special visit ...


Knoxville's Whimsical Villa Vista Estate Auctions On December 8  Forbes

Villa Vista, one of Tennessee's largest estates, comes to auction on December 8th, courtesy of Elite Auctions. The sprawling 1.15-acre property in Bridgemore ...


Archaeology Sotheby's auctions off ancient Egyptian artifacts  Al-Monitor

At its Ancient Sculpture & Works of Art event on Dec. 4 in London, Sotheby's auctioned off 59 antiquities. The vast majority of these antiquities were ...


barbara bedell" From Vespers to auctions the season is plentiful  Times Herald-Record

There wasn't an empty seat at the packed Vespers *Service* at Mount Saint Mary College on Dec. 2. The annual *service* is always standing room only and it is ...


A bunch of Michigan land is going to auction, including a spot in Highland  Hometownlife.com

The auction also includes a couple of parcels in metro Detroit, in Oakland and Livingston counties.


Cboe Europe Defends Periodic Auctions  Markets Media

Mark Hemsley, president of Cboe Europe, said volumes have grown in periodic auctions because trades have lower market impact as European regulators have ...


Pearl Harbor museum auctions adventures  AOPA Pilot

December 5, 2018 By Jim Moore. A helicopter journey from Seattle to Oshkosh, Wisconsin, for EAA AirVenture and upset recovery training in jets are among the ...


Blue Diamonds Take the Spotlight at Holiday Auctions  Barron's

Sotheby's and Christie's will auction a strong collection of rare and important gemstones in New York just in time for the holidays, with both featuring a blue ...


The Machine That Drives the Auction World  The New York Times

A blockbuster week of sales backed by third-party guarantees reassures the art world that the market is humming, if not booming.


The Car Auctions Are Getting Into the Era of Rad  Jalopnik

Look out, Bring A Trailer: there's a new (well, old) kid on the block ready to sell the over-moneyed masses their next pristinely kept Nissan 300ZX. RM Sotheby's ...


3 Amazing Factors To Consider When Choosing An Auction  Baltimore Post-Examiner

Sometimes, the best way to acquire timeless pieces is by buying them from somebody else. This can be by trading directly or by using a third party. Trading ...


EBTH auctions Reds memorabilia - Cincinnati Business Courier  Cincinnati Business Courier

Cincinnati online estate sale auction house Everything but the House is giving the public a chance to own pieces of Reds history.


Florida Home Once Listed For $159 Million Finally Sells At Auction  Forbes

Florida's Playa Vista Isle had an asking price of $159000000 and just sold at auction for the highest auction price on record in the U.S..


Auctions gaining traction among ultra-rich as a mode of sale  PropertyGuru Singapore

More high-net-worth individuals are turning to auction as an effective mode of selling their properties...


Auction Activity Quieter Week-On Week With 2,614 Homes Taken to Auction Across the Combined Capitals  CoreLogic Property News

There were 2614 homes taken to auction over the week, down from the previous week when 2749 auctions were held, and lower than this week last year when ...


EBTH auctions off historic Reds memorabilia  WKRC TV Cincinnati

CINCINNATI (Cincinnati Business Courier) - Cincinnati online estate sale auction house Everything but the House is giving the public a chance to own pieces of ...


Pope Francis gets a snazzy new Lamborghini -- and auctions it off  KMOV.com

Rome (CNN) -- The two struck a striking figure: the Pope in his white cassock and his snazzy new ride with its white gleam.


Sotheby's Magnificent Jewels Auction, Featuring Sinatra and Rockefeller Gems, Reaps $46.4 Million  Forbes

When jewels from big names such as Frank and Barbara Sinatra and Nelson and Happy Rockefeller come up for sale at auction, big things happen. Today's NY ...


Two historic Corvettes offered as single lot at Kissimmee auction  The ClassicCars.com Journal

The 1963 Chevrolet Corvette Sting Ray convertible built for Harley Earl and the '64 Corvette Sting Ray coupe created for his successor, Bill Mitchell, will be ...


Bidding is on for the most expensive home ever to hit the auction block  CNBC

Real estate auctions, once used for foreclosures and distressed sellers, is now moving upmarket. The number of multimillion-dollar homes being sold at auction ...


Kicks To Beat Cancer auctions to support The V Foundation  ESPN

As ESPN celebrates its 12th annual V Week for Cancer Research, a new initiative has been added to the slate of charitable fundraising drives, seeing several of ...


Wheels: How dealer-only auctions work  Conway Daily Sun

The common assumption among consumers of used cars is that dealers get inventory from wholesale auctions, and that's frequently true. Wholesale, dealer-only ...


A bunch of Michigan land is going to auction: How to bid  Detroit Free Press

The auction also includes a couple of parcels in metro Detroit, in Oakland and Livingston counties.


Frank Sinatra items, including 20-carat diamond engagement ring, make $9M hit at auction  USA TODAY

The private treasures of Frank Sinatra and his wife, Barbara, were a multimillion-dollar hit at auction.


Car used by LeBron James as high school senior going to auction  ESPN

The 2003 Hummer H2 used by LeBron James as a high school senior will hit the auction block and is expected to fetch over $100000.


Mark Glen Auctions to host comprehensive restaurant auction  Pacific Business News (Honolulu)

The owners of Loulen's Restaurant in Kalihi are holding a comprehensive auction of their restaurant equipment on Saturday. Mark Glen Auctions is handling the ...


Frank Sinatra's Audemars Piguet Watch Sells At Sotheby's Auction, Along With His Paintings And More  Forbes

Frank Sinatra's Audemars Piguet watch was only expected to garner $1200 at the recent "Blue Eyes" auction by Sotheby's -- it went for a lot more than that.


Henzel Studio Auctions Carpets by Established Artists  Architectural Digest

Henzel Studio is bringing its colorful creations to a new venue. Known for punchy handwoven styles (of which Robert Downey Jr. is a fan) and collaborations ...


Burgan Opens Online Auctions with Uptown Theatre  businessjournaldaily.com

YOUNGSTOWN, Ohio – Burgan Real Estate will hold an online auction, the company's first, Dec. 1 for the Uptown Theatre, 2728 Market Street. Bidding will ...


Annual Veterans Taxi Medallion Auctions Scheduled on All Three Islands  St. John Source

The annual Taxi Medallion Auction will take place in December on all three islands, according to a press release issued by the management and staff of the ...


Mexico's new president sees 3-year hiatus on oil auctions  The Associated Press

MEXICO CITY (AP) — Mexico's new president says he will take a three-year break from awarding new oil exploration contracts in order to judge the results of ...


Bring home a piece of the Peabody; museum holding online auctions  Yale News

The Yale Peabody Museum of Natural History is preparing to undergo a comprehensive renovation. In preparation for that transformation, the museum will hold ...


Einstein's Religious Views on Display at 2 NY Auctions  NBC New York

Two Einstein artifacts up for auction in New York contained clues to the spiritual beliefs of the 20th century's best-known thinker.


State regulators clear Millstone nuclear plants to compete in zero-emission energy auctions  Hartford Courant

Owners of the Millstone nuclear power plants will now be able to compete against wind and solar to sell power in “zero emission” state energy auctions as a ...


Einstein's religious views on display at 2 New York auctions  Fox News

NEW YORK – Did Albert Einstein believe in God? The famous physicist was constantly questioned about his religious beliefs during his lifetime. Two Einstein ...


J.M. Davis Museum guns up for auction at Heritage Auctions on Dec. 9  Tulsa World

About 140 collectible firearms from the J.M. Davis Museum are up for bid now through a Dec. 9 live auction date at the Heritage Auctions web site.


Early IPL auctions set to throw domestic calendar out of gear  Cricbuzz

There is growing discontent over the IPL auctions being held on Dec 18 this year, mainly because it renders the the Syed Mushtaq Ali T20 tournament obsolete.


6 questions about tax foreclosure auction Wayne County needs to answer  Detroit Free Press

To fix the Wayne County tax foreclosure auction, you have to understand it. That's a problem.


Castle-like Bluffton mansion listed for $9M will be sold ... in Hong Kong. Here’s why  The Island Packet

A castle-like mansion listed for sale for $9 million in Bluffton, South Carolina, will have a new owner in December after an auction in Hong Kong. The realty firm ...


A photo of Hitler posing with a girl of Jewish heritage auctions for $11,520  CNN

This photograph of Adolf Hitler embracing a young Jewish girl who he called his "sweetheart" sold for $11520 this week.


Toledo Police Department raises over $59000 at vehicle auction  Toledo Blade

Toledo police raised $59250 this past weekend at an abandoned and forfeited motor vehicle auction. The money will go to the Law Enforcement Trust Fund ...


Palouse Cares Food Drive and Auctions set for Saturday  Lewiston Morning Tribune

MOSCOW — The 13th annual Palouse Cares Food Drive and Auctions take place Saturday in 13 local communities. Beginning at 9 a.m., hundreds of volunteers ...


Christie’s Nets HK$2.75 Billion in Hong Kong Fall Auctions  Barron's

Su Shi's masterpiece 'Wood and Rock' sells for HK$464 million.


Auction helps female educators' community outreach efforts  Greensboro News & Record

Alpha Delta Kappa's Lambda Chapter holds an auction each November for members and their guests in order to raise money for scholarships and altruistic ...


10-Year TIPS Auctions At 1.109%, Highest In Nearly 8 Years  Seeking Alpha

The last time a 9- to 10-year TIPS auctioned with a real yield above 1.00% was on January 20, 2011, at 1.17%. Buyers got this TIPS at a substantial discount ...


Looks Like the Kids Aren’t Going to College After All: Luke Skywalker’s Lightsaber Is Up for Auction  Vulture

Hollywood auction house in Profiles In History is putting Luke Skywalker's lightsaber from Star Wars: Episode IV – A New Hope up for auction.


How record-setting art auctions are ruining the old neighborhood  The Washington Post

Art critics generally hate it when an auction house sets a record. Thursday, at Christie's in New York, a painting by David Hockney fetched more than $90 million ...


Lakes Region Children's Auction raises nearly $600,000 | Local News  The Union Leader

BELMONT — Thanks to the Pub Mania challenge and its 31 teams and 744 participants, the 2018 Lakes Region Children's Auction went into the record books ...


Couple charged in bilking farm owner out of $388,725 in auction proceeds  Wisconsin State Farmer

OCONTO – An Oconto County couple faces prison time after bilking a farm owner out of nearly $390,000 worth of proceeds following a November 2015 auction.


Guests win big at Quarters for CASA auction  WBOY.com

The quarters for CASA auction was held Saturday at the Harrison County Senior Center. Auction goers could bet as little as a quarter and win big ticket items.


Concierge Auctions' December Sale includes Galveston beachfront home  Houston Business Journal

A beachfront home in Galveston is one of 18 properties in Concierge Auctions' second-annual December Sale, according to a press release. Located at 17007 ...


Tax advantages and imperfect competition in auctions for municipal bonds  Brookings Institution

This paper contributes to this debate by showing that the interaction of the tax advantages with the market structure of the municipal bond issuance market plays ...


Although buyers are being cautious, auction numbers and sales rates are steady and most of those that sell are fetching more than their rating valuations  Interest.co.nz

Both auction activity levels and the prices being achieved appeared to be stable in November, according to the results of residential property auctions monitored ...


Austin Restaurant Threadgill’s Auctions Decades of Memorabilia  Eater Austin

The South Austin location of Threadgill's on 301 West Riverside will shut its doors this weekend, and begin the process of dismantling the historic restaurant.


Photos: Go inside a $6M Texas lakeview estate heading to auction this month  Houston Business Journal

A North Texas lakeview estate will sell to the highest bidder this month as part of Concierge Auctions' second-annual December Sale. Located at 7621 Sierra ...


Yager auction draws a crowd | Local News  Effingham Daily News

EFFINGHAM — An array of sports and celebrity memorabilia caught the eye of one bidder at the Mike and Laurie Yager Estate Downsizing Auction on Friday.


Teen auctions virginity for $100K to help pay her parents' mortgage  KRON4

SYDNEY, Australia (KRON) - A teen in Sydney, Australia who started a website to auction her virginity says she hopes to raise at least $100,000 to pay for ...


Local consumers say they're owed thousands by Tompkins auction company  The Ithaca Voice

FREEVILLE, N.Y. — A Tompkins County-based auctioneer has been ordered to pay nearly $70,000 for taking items on consignment from a museum and not ...


Gun Collectors Have Rare Chance At Arms Museum Auction  News On 6

The J.M. Davis Arms and Historical Museum is selling pieces from their collection for the first time.


Addison High School lunch auction raises nearly $2,800  The Daily Telegram

ADDISON — Students at Addison High School on Friday put the spirit of the holidays in the forefront of their minds, raising $2789.25 for area families in need at ...


Auction Report: The Rolex Ref. 6062 'Dark Star' Is The Coolest Watch Of This Week's New York Auctions  HODINKEE

Christie's is selling this unbelievable triple calendar for the second time – and the results will be very interesting.


Man auctions daughter as child bride on Facebook, gets 500 cows, 3 cars, $10,000  WCBD News 2

(WFLA/CNN) - A humanitarian organization is outraged after a man in South Sudan used Facebook to auction off his daughter as a child bride.


With 2019 World Cup in mind, Bangladesh’s Mustafizur Rahman to miss IPL auctions  The Indian Express

The Bangladesh Cricket Board had reportedly told Mustafizur Rahman earlier in the year that he would be preserved for national duty ahead of the 2019 World ...


Yale Peabody Museum holding online auctions of surplus items  New Haven Register

NEW HAVEN — Yale University's Peabody Museum of Natural History is holding several online auctions “of items it can no longer use” in advance of a ...


Eletrobras says unit auction to go ahead after judge strikes down injunction  Reuters

A Brazilian judge has struck down a previous decision that had halted the privatization auction of a unit of state-run electricity firm Centrais Eletricas Brasileiras ...


Auction of Bill Sharon estate is trove of local history  The Mercury

SPRING CITY — Known throughout Pottstown as "Bill the Cat Guy," the extensive collection of the late Bill Sharon will be auctioned off this weekend and it ...


John Thain's Picasso Fetches $29.6 Million as Auctions Start  Bloomberg

Works by Claude Monet and Pablo Picasso led Christie's mixed auction of Impressionist and modern art on Sunday in New York.


Storage company accidentally auctions off wrong unit  WHEC

You trust storage companies to keep your belongings safe. One family claims a storage company in Webster did the opposite...


Australian teen auctions virginity to help pay for college, her parents' mortgage  CBS17.com

SYDNEY (KRON) - A teen in Sydney, Australia who started a website to auction her virginity says she hopes to raise at least $100,000 to pay for college, a car, ...


Tanzania Shuts Cashew Auctions, State Takes Over Purchases  Bloomberg

Tanzania President John Magufuli ordered all cashew auctions closed and said the government will buy the crop from farmers at a 10 percent premium of what it ...


Sharon Tate's wedding dress sells at auction for $56,000  CNN

An anonymous buyer has bagged a ghoulish piece of movie memorabilia after winning an auction for actor Sharon Tate's wedding dress. Tate was murdered by ...


Over 1000 players register for IPL 12 auctions  Cricbuzz

As many as 1003 players have registered for the upcoming Indian Premier League auctions, including 232 overseas cricketers. With 70 spots available to be ...


Federal Auction of 5G Airwaves Gets Off to a Slow Start. Here's Why  Fortune

The 5G airwave license auction got off to a slow start, as few bidders offered the Federal Communications Commission much for the spectrum.


Wind the only winner in Poland mixed energy auction for projects over 1 MW  pv magazine International

Unlike similar auctions in France and Germany recently, in which only PV projects were selected, in Poland all the contracted power went to wind. The exercise ...


The Biggest Winner of Auction Week and 12 Other Takeaways From New York’s $2 Billion Sales  artnet News

From the biggest winner to the most surprising pass, here are our parting observations from last week's auction marathon. artnet News, November 20, 2018.


New auction date set for Fate Ale House assets  Boulder Daily Camera

Roller Auctions has a new date for the auction of the assets of Fate Ale House. The online auction is now scheduled for Jan. 7, according to information on the ...


Sweaters get 'ugly' at Retired and Senior Volunteer Program silent auction  Greeley Tribune

Donna Gibson, who has volunteered for Retired and Senior Volunteer Program for about 15 years, checks out a dish at the program's ugly sweater party and ...


UVA Cancer Center Auctions Wreaths to Raise Money for Patients  NBC 29 News

The UVA Cancer Center is auctioning off 100 wreaths to raise money for cancer patients and their families.


Phillips Geneva Auction Proves You Can Double Your Money With The Right Watch At The Right Time  Forbes

There were no sensational $17-million Paul Newman Daytonas in the Phillips in Association with Bacs & Russo auction in Geneva last weekend, but one glaring ...


Australian 5G spectrum auction hauls in $852m  The Australian

Share this article. Facebook · Twitter · Email; Print. Telstra, TPG Telecom and Vodafone Hutchison Australia have ended up paying through the nose for 5G ...


German officials sound China alarm as 5G auctions loom  Reuters

BERLIN (Reuters) - Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from ...


From cribs to coats to camps, agencies say Children's Auction fills vital need  The Laconia Daily Sun

LACONIA — The Greater Lakes Region Children's Auction, now in its 37th year, does more than just raise a tremendous amount of money for charity – it ...


Ukraine to auction concessions for 30 onshore petroleum blocks  Emerging Europe

Ukraine's State Geological *Service* has announced plans to sell concessions for 30 onshore petroleum blocks at international online auctions at the public ...


Auction house cancels controversial rhino horn sale  CNN

International auction house Bonhams has canceled an upcoming sale of rhino products amid mounting pressure from environmental groups, it was announced ...


Tesla Partners With Auction Companies To Manage Used Car Market  CleanTechnica

November 27th, 2018 by Steve Hanley. Car auctions move billions of dollars a year and are essential to the US automobile industry, yet operate out of the public ...


See inside $6M Knox mansion Villa Vista, will sell at December auction  Knoxville News Sentinel

The mansion includes a glass staircase, wine cellar, infinity pool and six fireplaces.


Einstein's 'God letter' fetches $2.9M at auction  KALB News

The letter, which was sold at Christie's on Tuesday, was written the year before the Nobel prize-winning physicist's death.


Hopper Painting Sells for Record $91.9 Million at Christie’s  The New York Times

In three auctions, there were some formidable prices, though eyebrows were raised at a number of intimidating estimates. And there were failures.


Power Up event raises money for the Children's Auction  The Laconia Daily Sun

LACONIA — The Real Downtown Santas Pubmania Team raised more than $700 for the Lakes Region Children's Auction through its two-hour fitness workout, ...


Albert Einstein's Controversial 'God Letter' Fetches $2.89 Million At Auction  HuffPost

A private letter penned by Albert Einstein in which he characterizes religious beliefs as “childish superstitions” fetched a record-breaking $2.89 million at an ...


Collection of 130,000 comic books belonging to late comic book store co‑owner sold at auction  Bristol Herald Courier

ABINGDON, Va. — About 130000 comic books that once belonged to a Bristol collector and businessman were auctioned Saturday, marking “an end of an era.”


Hometown Farmer - Wakonda farm toy auctions  Siouxland News

When you're a kid and you dream of being a farmer, it's fun to push little toy tractors and combines around the living room floor. You think those toys are worth ...


Marilyn Monroe's Golden Globe sells for record $250,000 at auction  Reuters

(Reuters) - Marilyn Monroe's Golden Globe Award sold for a record-breaking $250,000 at Julien's Auctions in Beverly Hills, California, auction officials said late ...


Rare Jewels Hit The U.S. Auction Blocks, From Dec 3-6, 2018  Forbes

The best renowned, legendary and private collection pieces to hit the auction block in the U.S. this week.


Clare County land parcels up for sale in DNR auction  The Morning Sun

Two pieces of land managed by the Michigan Department of Natural Resources in Clare is going up for auction next Tuesday.


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