Auction Information

eBay: What Should I Sell?

There is an art to picking profitable products. It's not just what you want to sell but rather what will sell. Unless you pick a product in demand in the marketplace, you will fail. A fundamental principle of the capitalist system is "supply and demand". It represents a delicate balancing act between "what people want" and how much of "it" is available.

Every Christmas, we see one toy that everyone wants. One year is "talking Elmo" and the next year it's something else. But, it never fails to occur. Because everyone wants "it", so "it" is in high demand. If the supply of the product isn't sufficient to meet the customer demand, prices soar, as do profits for the people selling them.

You could hope you pick one of those products and make a lot of money in one season, or you can be smart and have a profitable business all year round. How? Understand trends in our society and how they help you predict the products which are or will be in demand, now and in the future.

Current Trends In American Society

By reading and watching current news, we should be able to spot trends. These trends will have an impact upon people and therefore, the products they need or want. For instance, some current trends in the United States are as follows:

Americans are fatter than prior generations (particularly children)

Baby Boomers (a very large potential market) are getting older. Many are in the 50s or 60s.

More and more people purchase online from the security and comfort of their own home

Americans are more security conscious since 9/11

Travel by car or recreational vehicle is up over previous years

Diabetes is making major inroads into the general population

These are just some of the trends impacting our culture now. We need to take those identified trends and make some assumptions about them. With these assumptions come product decisions, profitable product decisions.

Using a Trend to Pick Profitable Products

Let's choose the Baby Boomer trends upon which to focus. We know that the Baby Boomer Generation represents a large, and very wealth, segment of the current American society. If we choose to focus upon this group of consumers, we know we have a large potential audience. More importantly, we know we have an audience who can pay.

Determining the products we will offer starts with making some assumptions about our targeted market. What does that mean for the Baby Boomers? We need to take what we know about that market segment and then make some assumption based upon that knowledge. Let's try.

What We Know: What We Can Assume:

We know they are getting older. We can assume they don't like that. We know they are fatter than prior We can assume they don't like that generations. and want to do something about it.

Let's just look at those two trends and how they help us choose products. If this generation is fatter than the last generation, we can assume larger size clothes are needed right now. Is that true? At eBay, plus size women's clothing sold for a total of $90,903.37 in the last 30 days! There's a profitable product selection for the present.

If we assume they are fatter and don't like it, they must want to do something about it. What might they do? Exercise or diet. What does this mean for possible products? Exercise equipment or diet pills. Is this true? At eBay, exercise equipment sold for a total of $1,125,144.50 in the last 30 days and weight loss pills sold a total of $130,795.34 in the last 30 days! Two more profitable, "in-demand", products at eBay, right now.

Choosing the right product for a profitable business does not have to be difficult. Just follow the four easy steps; analyze, assume, test, and choose. You simply have to read and watch the world. Look at leading news articles and magazine stories. What appears to be uppermost in the minds of potential consumers? What assumptions can you make about the trend? What product(s) does that translate to? Sell that product and you will earn money. Continue to follow those four steps and you will be profitable for a long time.

Michele Schermerhorn has over 30 years experience in the business world and over 12 years running her own successful online businesses. She is President of Online Business Institute Inc. ( Online Business Institute Inc. exists to "Create Successful Online Business Owners One Person At A Time". They run regularly scheduled free online seminars.

Bond Market Flashes Recession Warning Before Round of Auctions  Bloomberg

Investors are about to absorb $131 billion of Treasury note auctions at the lowest yields in months, after they piled into U.S. debt following a dovish Federal ...

Using Data to Generate Higher Returns From Your Online Self-Storage Auctions  Inside Self-Storage

Getting the most out of your online self-storage auctions is an inexact science, but data suggests there are factors that can help you collect more debt.

Artist auctions off photo of dad's underwear for $1,300  Fox News

Eccentric artist Dominic Allan - who goes by the name Dominic of Luton - photographed his dad's underwear drying on a radiator for a work he has titled “My ...

Christie’s Auctions Qing Dynasty Jade Washing Bowl for US$3 Million  Barron's

A greenish-white jade “Twin Fish” washer (or washing bowl) from China's Qing Dynasty fetched US$2.9 million after eight minutes of spirited bidding during a ...

Rare Books &c. at Auction This Week - The  Fine Books & Collections Magazine

A very busy auction week coming up! On Tuesday, March 26, Koller Auctions in Zurich will sell 274 lots of books, and an additional 63 lots of manuscripts ...

Sheryl Sculley auctions off hundreds of Fiesta medals  550 KTSA

SAN ANTONIO (KTSA News) – Want some Fiesta medals? Former San Antonio City Manager Sheryl Sculley is auctioning off hundreds of them for a good cause ...

Auction Theory Ph.D.s Share Five Things Buyers And Sellers Should Keep In Mind For First-Price Auctions  AdExchanger

As all online advertising exchanges – including Google – switch to a first-price auction format, marketers and publishers can trust they will be run fairly.

‘Museum Quality’ Watch Rediscovered After 60 Years Heads to Auction  Barron's

The timepiece, part of Geneva Watch Auction: NINE in May, was completed in 1940 by Vacheron Constantin.

Tv, washer/dryer, toys available at Lock It Up Storage auctions on March 29 and April 12  Richland Source

Lock It Up Storage will offer the following at public auction on Friday, March 29th as a direct result of non-payment of their account. The undersigned has been ...

The Dealer Using Instagram as an Auction House  Artsy

Every Thursday evening, Calli Moore posts an image of an artwork on Instagram, and her followers have a week to bid on it.

Germany's 5G Spectrum Auctions Are Underway—And They're Being Powered by Fax Machines  Fortune

Europe's largest economy is taking its first steps towards building a next-generation mobile network. Germany's 5G bandwidth spectrum auctions began ...

Toy Collection Highlights Bodnar Auctions March 28 Sale

EDISON, NJ – A lifetime collection of re-released toys popular in the 1970s and '80s will be sold on Thursday, March 28, by Bodnar's Auction Sales at the New ...

Crypto property auction to be 'world first' | Article  Asia Times

The sale, to be held in tropical Northern Australia, is another example of blockchain in the property sector.

Auction Houses to Reveal Iconic Photography Collections in April  Barron's

Auction houses Christie's and Sotheby's, as well as The Photography Show, the longest-running exhibition dedicated to photographic mediums, will unveil ...

Fancy a bid on a 12-bedroom, 10-bath restored power station: realtors turn to online auctions to try to shake up sales  Financial Post

Real estate auctions common in Australia and New Zealand, are popping up in Canada.

Here's why H. Wayne Huizenga's mansion and others may benefit from selling through auction  Sun Sentinel

Amid a buyers' market, top end luxury home sellers in South Florida turn to auctions to move their properties.

Online real estate auctions try to shake up sales with novel approach  Financial Post

An online auction for a luxury home in Abbotsford, B.C., is drawing attention for its novel approach, which some observers say has potential to inspire new sales ...

WTF is a unified ad auction?  Digiday

To the programmatic ad vet, unified ad auctions are nothing new. But it's only in 2019 that they will become the default, thanks to Google entering the fray.

Bidding for new space, Regal Auction Services finds new home  The Union Leader

Auctioneer Paul Morrissette expects to notch at least $400000 in sales auctioning kitchen cabinets, flooring and air conditioners on March 30.

Shocking Einstein letters, revealing 'Hitler-insanity,' up for auction  Fox News

A series of letters from Albert Einstein will be auctioned later this week, with the messages touching on a number of topics, including his thoughts on Jewish ...

Google Switches To First-Price Auction  AdExchanger

Google will move to first-price auctions for Google Ad Manager, its publisher exchange and ad server, by the end of 2019. At that time, it will also run a single, ...

Marco Island home owned by drummer who played with KISS band members going to auction  Naples Daily News

A Marco Island home owned by drummer Tony Zarrella, who played with some of the original members of the rock band KISS, is going to auction this month.

Mexico cancels power auctions, to implement decentralized system instead: official  S&P Global Platts

Mexico City — The Mexican government plans to carry out an accelerated energy transition based on a decentralized electric system, with distributed generation ...

A pigeon sold for $1.4 million in an auction — seriously  INSIDER

Over the weekend, a pigeon sold for $1.4 million in an auction. But it's not just any old New York City pigeon — you know the kind who eats scraps of discarded ...

Dale Earnhardt championship car being sold at auction denounced as fake  Charlotte Observer

A Dale Earnhardt Sr. race car billed at auction as “one of the most famous cars in the history of NASCAR” is not the original, his longtime friend and team owner ...

Marvel Television Auctions Daredevil, Iron Fist & Luke Cage Props  CBR

With over 750 lots to bid on, the first-ever auction for the Marvel Television properties boasts original costumes, props and set decorations.

Boyertown's Pit Stop restaurant refueling, auctions racing memorabilia  Reading Eagle

The landmark restaurant will get back in the culinary race as Decades Speakeasy and Restaurant.

Russell Auction sales total over $3.5 million  KPAX-TV

GREAT FALLS – The C.M. Russell Museum is celebrating another successful Western Art Week, following the Russell Live Auction Saturday night. The sale ...

‘It’s going to be a big change for us’: Google’s adoption of first-party auction creates migration headaches for buyers  Digiday

Google's ad exchange is finally following its programmatic peers and moving to a first-price auction model, but they can be costly for advertisers.

America's Top 13 Charity Wine Auctions Raised $42.7 Million in Live-Auction Bids in 2018 | Collecting News | Collecting  Wine Spectator

America's top charity wine auctions found success in 2018 with winemaker dinners featuring renowned chefs and live entertainment. And many also succeeded ...

NASCAR Team Says Dale Earnhardt Sr. Race Cars at Mecum Auctions Are ‘Not What They Claim to Be’  Jalopnik

Mecum Auctions is scheduled to send three of the late Dale Earnhardt Sr.'s NASCAR race cars across the block on Saturday, each with six-figure auction ...

Ever dreamed of owning a Dale Earnhardt race car? Auction this weekend is your chance  Durham Herald Sun

Cars raced on NASCAR tracks by Dale Earnhardt Jr. and dad Dale Sr. will be auctioned in Glendale, Arizona, along with limited edition cars including one of the ...

One of the largest farm auctions in the Tri-States  WGEM

HANCOCK, COUNTY, Il (WGEM) — Area farmers got the chance to save money on equipment in Hancock County Thursday at one of the largest farm auctions ...

21 cars up for auction after $5 million pot bust  KFOR Oklahoma City

TULSA, Okla. - Dozens of high-performance vehicles seized by federal authorities after one of the largest pot busts in Tulsa history went on the auction block ...

Climate Auctions: A 21st-Century Alternative to Grants and Loans  Microgrid Knowledge

Tyeler Matsuo and Julia Meisel, of the Rocky Mountain Institute (RMI), explore climate auctions. This 21st century alternative to grants and loans uses ...

Julien’s to Auction ‘In Situ’ Mosaic by Street Artist Invader  Barron's

Julien's Auctions will bring down the hammer on the sale of SD_10 (aka The Mothership), a 200-by-400-inch mosaic by the street artist Invader in April. Then the ...

India to auction fugitive billionaire's art collection  Reuters

Indian tax authorities are hoping for a windfall with the auction on Tuesday of rare oil paintings that were once part of fugitive billionaire jeweler Nirav Modi's ...

Daytona's La Playa Resort heads to auction block  Daytona Beach News-Journal

DAYTONA BEACH — With the Streamline Hotel set to hit the auction block April 1, now a second beachside hotel is being put up for bids next month: the La ...

Vodafone UK Threatens Legal Challenge Over Next 5G Auction  Light Reading

A dispute over the UK's next auction of 5G spectrum could delay the rollout of 5G networks and turn ecosystem players off the UK market, according to Vodafone ...

Going, going, gone online: Europe's auction houses go digital  Art Newspaper

Online-only auctions may tend to focus on the lower end of the market, but they are key to expanding clientele. We survey ten auction houses to find out their ...

Fundraiser auction coming up for Frazee Fire Department  Detroit Lakes Online

The Frazee Fire Department Relief Association will be holding its 12th Annual Fundraiser Auction on Saturday, March 30 at the Frazee Event Center from 5-8 ...

Great American Auction marks 30th year | News

The Community Arts Center of Cambria County will hold its 30th Great American Auction April 12 in the Godhaber-Fend Arts Center, 1217 Menoher Blvd., ...

Waterfront home that failed to sell in auction gets second chance  Mainebiz

A custom-built home on the Brookings Bay waterfront in Woolwich didn't sell at auction in July, but sellers are hoping a discounted listing price will do the trick ...

World Records, Special Collections Push Heritage Auctions to $826.4 Million in 2018  CoinWeek

On March 12, Heritage Auctions announced its total annual sales for 2018 surpassed $826 million, setting more than a dozen world record sales as total online ...

2019 March Madness Calcutta Auction Pool: Strategy, Tips, Picks  The Action Network

Doing a March Madness auction this year? Collin Wilson gives tips, strategy and his 2019 picks to dominate your Calcutta pool.

Lion Surplus to hold spring 2019 surplus vehicle and equipment auction April 25  Penn State News

Lion Surplus will hold its annual spring equipment and vehicle auction beginning at 9 a.m. on Thursday, April 25. Motorized equipment, as well as tools, trailers, ...

Get Bids Ready: $68 Million Waterfront Home In Coral Gables Set For Auction  Forbes

A $68 million trophy home in Miami-Dade County's prestigious Coral Gables enclave, will be sold via a luxury auction March 19-22.

Kareem Abdul-Jabbar Puts Memorabilia Up for Auction  The New York Times

The auction includes four N.B.A. championship rings.

SUN ATI auction brings in $4,100 | Local News  Milton Daily Standard

NEW BERLIN — Forty auction items attracted bids totaling $4100 at the SUN Area Technical Institute Community Dinner and Services Auction.

View All Photos The Russell Live Auction, Saturday Night 1 day ago  Great Falls Tribune

C.M.Russell's "Approach of White Men" sells for $1.2 million during The Russell Live Auction on Saturday night in the Great Falls Civic Auditorium.

Kane County 4-H hosts 11th annual dinner auction  Chicago Daily Herald

The Kane County 4-H Foundation will host its 11th annual pork chop dinner and auction fundraiser on Saturday, April 13, in St. Charles.

Six diverse collections featured at RM Sotheby's Florida auction  The Journal

Six private collections containing a diverse trove of collector cars have been lined up for RM Sotheby's 17th annual auction in Fort Lauderdale, Florida.

Some parents, teachers upset after school auctions off teachers for money

PORTLAND, OR (KPTV) - A Portland elementary school is in hot water tonight after allowing parents to bid money on who they want as their child's next teacher.

Babe Ruth Bat Now Available at Auction  Barron's

It's expected to fetch $100000 at a sale that ends Sunday.

Kareem Abdul-Jabar auctions off four out of his six NBA championship rings and other memorabilia for STEM education  CBS News

Fans can own a piece of NBA history thanks to Lakers legend Kareem Abdul-Jabbar. The basketball great is auctioning off hundreds of pieces of memorabilia ...

Study Suggests Blue and Red Artworks Dominate Auction Sales  Hyperallergic

Dutch researchers concluded that blue and red paintings spark nearly 20% higher bids at auctions in the US, China, and the Netherlands. Jasmine Weber6 days ...

Blooming Prairie Education Foundation Auction is Saturday

The Blooming Prairie Education Foundation Auction is this Saturday, March 30 at the Pizza Cellar Cue Company. The silent auction begins at 3pm with the live ...

Turkey's central bank suspends one-week repo auctions as lira slides  Ahval

Updates with Turkey's central bank's decision. The Central Bank of Turkey announced on Friday it had suspended one-week repo auctions for an undefined ...

Calendar gifted by Marie-Antoinette fetches more than $15k at auction  WatchPro USA

A Louis XV era Calendar once gifted by Marie-Antoinette has sold for over $15,000 at auction. As part of the Fellows' inaugural Fine Jewellery auction on March ...

Failure to disclose: Ohio auction sells cars with serious safety defects without telling buyers  News 5 Cleveland

A surplus auto auction operated by an Ohio agency that oversees the state's vehicle fleet is failing to disclose serious safety defects to potential buyers.

Annual show pig auction in Helena connects 4-H kids with animals for the fair  KRTV Great Falls News

(HELENA) On Sunday, the Lewis and Clark County Fairgrounds played host to more than 100 people, bidding on 99 pigs. A pig-shaped balloon marked the way ...

Subdued Week of London Auctions Ends with £36.4 Million Contemporary Art Sale at Phillips  Artsy

The sale saw records broken for Tschabalala Self and Rose Wylie, and a fevered bidding war over a large Cecily Brown painting.

A Foodies' Dream: Gourmet food, robust auction bidding highlight annual Front Door agency fundraiser | News, Sports, Jobs  Nashua Telegraph

NASHUA – The hundreds of Greater Nashua residents who once again sold out the Front Door agency's Gourmet Festival and Auction alternated Sunday ...

FCC Spectrum Auction Tops $1 Billion  Multichannel News

As expected, the FCC's 24 GHz spectrum auction blew past the $1 billion mark Friday (March 22) only seven business days after it began (March 14). The total ...

'First' demo tape of David Bowie's 'Starman' up for auction  CNN

David Bowie devotees will have a chance to pick up a rare demo tape featuring what is believed to be the first recording of "Starman."

Mecum Auctions extends the collector car buzz in metro Phoenix with auction 2 months after Barrett-Jackson  AZCentral

Mecum Auctions, a well-known collector-car auction company, is hosting its first Arizona auction at State Farm Stadium in Glendale.

Santa Monica Auctions holds its last auction at Bergamot  Santa Monica Daily Press

Robert Berman, owner of Santa Monica Auctions, will host one last auction at his B-7 Bergamot space this Sunday before downsizing and moving his auction ...

NY School Holds Mock Slave Auction Selling Black Students to White Kids  The Root

After an apparent celebration kicking off the return to 11 White History Months in a row, administrators at an exclusive private school in New York are scrambling ...

Blockchain Art Registry Acquires Database With Info From 4K Auction Houses  Cointelegraph

News. The blockchain-based art registry startup Artory has acquired auction house database Auction Club, according to a tweet from Artory on March 21.

Regal Auction Services to hold first sale in new Penacook location next week  Concord Monitor

If you're looking for hardwood floors made from Brazilian cherry, a brand-new stove or a government-made generator, you might want to head to the old Beede ...

Bhaichung Bhutia Auctions Two Jerseys To Fight Polls In Sikkim  NDTV News

India's former football captain, Bhaichung Bhutia has put two of his favourite jerseys on auction, on Sunday, to raise funds for his Hamro Sikkim Party (HSP), ...

Hayek’s Nobel Prize and Belongings Go Up for Auction  National Review

This month, Nobel Prize–winning economist Friedrich August von Hayek's seminal book The Road to Serfdom turns 75. To mark the occasion, Sotheby's, one of ...

Legendary Collection of Canadian Coins Presented by Heritage Auctions  CoinWeek

Collector George Cook credited for establishing one of the most comprehensive and complete collections in North American history The world's most.

Hundreds of Millions Spent on Racehorses Based on False X-Rays, Buyers Claim  The Wall Street Journal

Last September, wealthy horse buyers, breeders and trainers from around the world descended on Lexington, Ky., to spend more than $377 million at the most ...

Rare Pocket Watch to Hit Auction  Barron's

The handmade masterpiece by the late George Daniels is expected to sell for US$1.5 million.

Oregon 'Mega-Dairy' Sold for $66.7 Million, Auctions off 8000 Cows  Dairy Herd Management

What was once the second largest dairy in the state of Oregon has officially been sold.

Questions linger about NASCAR race cars sold at Mecum auction  The Journal

Questions of authenticity linger after the Mecum Auctions offering of supposed Dale Earnhardt cars driven by the champ in NASCAR.

Several of Dale Earnhardt's Race Cars Will Be Up for Auction Later This Week [Updated: Team Says the Cars Are 'Not What They Claim to Be']  Jalopnik

In a country where the black No. 3 car is about as recognizable as the stars and stripes themselves, it isn't often that race cars driven by Dale Earnhardt Sr.

Like Charlie, Russell Auction values friends over dollars  Great Falls Tribune

The C.M. Russell Museum's Russell Live Auction grossed more than $3 million Saturday night.

Nearly 86% teas sold at Coonoor auctions  BusinessLine

About 86 per cent of the offer at Sale No: 12 of the auctions of Coonoor Tea Trade Association was sold, with the average price dropping to ₹101.65 a kg from ...

April 5 Bid Deadline for PLCB Auction of Two Macallan Fine and Rare Series Scotches Fast Approaching  PRNewswire

HARRISBURG, Pa., March 25, 2019 /PRNewswire/ -- The Pennsylvania Liquor Control Board (PLCB) reminds interested parties that bids for two exceptional ...

Bonhams Hong Kong to Auction Rare 20th Century Chinese Paintings  Barron's

Bonhams “Fine Chinese Paintings Sale” on April 3 in Hong Kong will feature more than 140 works of ancient, modern, and contemporary pieces from 20th ...

Only Watch teams up with Christie's in biennial auction date confirmation  WatchPro USA

Only Watch has confirmed the 8th edition of its biennial auction for the benefit of Duchenne Musuclar Dystrophy will be held on November 9 in Geneva.

Spring Fling Gala & Auction  WJHL-TV News Channel 11

The Cornerstone Christian Academy is getting ready to hold it's eighth annual Spring Fling Gala! Anslee Cook and Raegan Phillips join us on Daytime with ...

WTAE's Project Bundle-Up 2019 Auction is happening now: See Week 2 highlights  WTAE Pittsburgh

WTAE's project Bundle-Up Auction will run from Mar. 15 through Apr. 5, 2019.

Spain's Aena, Zurich Airports win auctions to operate Brazil airports  Reuters

Spain's Aena SME SA and Switzerland's Flughafen Zuerich AG on Friday won the right to operate two key Brazilian airport groups, in one of the first tests of ...

Intrigue colors auction of ill-gotten estate with gold, silver  The Daily Memphian

Bring a metal detector as well as your checkbook if you're going to the auction of the Bates place. Gold and silver coins may be hidden somewhere within the ...

McBain Foundation auction set for April 6 | News  Cadillac News

McBAIN — Since its inception in 1999 under then-superintendent Dan Bachman, the McBain Rural Agricultural School Community Foundation has made quite ...

Rotary Club, Women of Today to hold auction  Wicked Local

The Rotary Club of Mansfield will hold its 16th annual auction, together with the Mansfield Women of Today, on May 17 at the Renaissance Hotel at Patriot Place ...

Rare Peter Blake Labeled Whisky Expected to Fetch Close to $1 Million at Auction  Fortune

The bottle of 60-year-old Macallan scotch whisky sports a label designed by Sir Peter Blake, the Sgt. Pepper's album cover artist.

Fantasy baseball: Wealth of aces, lack of catchers frame AL LABR auction  USA TODAY

PHOENIX – As many of the top fantasy baseball industry analysts gathered for the 26th annual League of Alternative Baseball Reality auctions, a sense of loss ...

Auction house Freeman’s putting longtime Center City home on the block ahead of move

Freeman's, the venerable Center City auction house, is putting its longtime headquarters building up for sale as it plans a move to a yet-to-be identified home ...

Katy Perry performing at Auction Napa Valley  Santa Rosa Press Democrat

The pop star will kick off bidding June 1 for Auction Napa Valley with a mini-concert of her hit songs including “California Gurl.”

Kuleana land parcels on Facebook CEO’s Kauai estate sold at auction  Hawaii News Now

PILAA BEACH, KAUAI (HawaiiNewsNow) - A years-long legal dispute over small land parcels on Facebook CEO Mark Zuckerberg's 700-acre Kauai estate on ...

Controversial auction of Hertfordshire council's art collection sells out for £444,000  Art Newspaper

An auction of works from the collection of the Hertfordshire County Council, which raised more than £444,000 in total, has drawn criticism from arts bodies and ...

New Electricity Auctions Will Drive Down Costs for Ontario's Consumers  Canada NewsWire

TORONTO, March 25, 2019 /CNW/ - The Independent Electricity System Operator (IESO) is introducing changes to Ontario's electricity system that will help save ...

No more auctions for solar and renewables in Mexico  pv magazine International

CFE boss Manuel Bartlett has again stated the national utility will not buy electricity from private companies as it can generate power itself. It is unclear whether ...

Oceanfront Mansion Once Asking $159M Finally Sells at Auction for $42.5M News

Formerly Florida's most expensive listing, the mansion was once on the market for $159 million. It was finally sold at auction for $42.5 million.

Teacher In Westchester Fired For Allegedly Holding Mock Slave Auction  Daily Voice

A teacher has been fired after she was placed on leave for allegedly holding a mock slave auction with her students in the classroom of a private school in ...

The 5 Star Lots from the Upcoming London Auctions  Artsy

A look ahead to some of the most anticipated lots from two weeks of sales at Sotheby's, Christie's, and Phillips in London.

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