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Auction Seller Guide To Success


When its time to clean-up around the house, some people have a hard time deciding what to keep and what to throw out. What they need is an incentive.

How about collecting cash from stuff that was collecting dust?

You can do this by auctioning-off your unwanted or no longer needed items on eBay. eBay is the largest online market place of its kind. If you are considering this, then you need to gain some basic knowledge of the listing process.

Here is a 10-item checklist to go over before you begin selling:

1. Look at Other Seller Listings

Do a search for your item. See how other sellers list the same or similar item. Take mental note of the category, the title, the description, the photo and the pricing.

2. Choose the Most Appropriate Category

Make sure your item is in the most appropriate category. Avoid placing it in a category where it doesn't belong. List your item in the wrong category, and people looking for your item will not find it. Let eBay suggest the category for you, if you are unsure which category your item belongs.

3. Write an Accurate Title for Your Listing

Make it easy for buyers to find your item in a search by writing a precise title of it. Be as exact and detailed as possible so your item can show up in broad keyword searches too. Avoid using hype words like "Best," "Great," or "Fantastic." Putting these words in the title will not help buyers find your item because they don't type in these types of words in their searches.

4. Set Your Price Low

Entice your buyers by starting at a low price. Set a reserve price in your listings so you don't have to sell it when the auction ends at too low of a price for you to make a profit.

5. Give Plenty of Time for Your Auction

Let as many people as possible see your auction. Set the duration for five or seven days so weekend buyers will have a chance to bid on your item too.

6. Show a Photo of Your Item

Take a digital photo of your item and post it with your listing. Let your buyers see what they are bidding on. Allow the photo to help you sell it. Having to see something first before you buy it is only natural. Apply this same principle to online auctions. Buying a digital camera is a good investment these days and instructions on loading pictures up to the eBay site are simple enough that there really is no excuse not to have a picture.

7. Give Buyers Plenty of Payment Options

Make it easy for the buyer to pay. Providing as many payment options as available is better. Place in your item listing your own merchant account or credit card processor information. Sign up with Paypal if you don't have your own merchant account. Let buyers pay by check or money order if you don't provide payment through Paypal or credit cards. Including all payment options leaves no buyers behind.

8. Be Clear on Shipping and Handling Information

Avoid troubles or negative seller feedback by stating upfront your shipping costs. Mention this clearly in your listing. Include your return policy.

9. Give Contact Information

Gain the buyer's trust by freely stating your contact information. List your email, phone number or mailing address.

10. Keep on Testing

Review the auctions that have ended. Learn from the wins and losses. Try changing the category, title, description or price if it didn't sell. Testing the individual elements in the auction process is critical to your goal of becoming a successful auction seller.

(c) Leroy Chan - All Rights reserved

Discover the "Insider Tricks" to making money on eBay. Visit Leroy Chan's site, Auction Seller Guide to receive a free 12-part auction selling course.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Thu. January / 18 / 2018

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New 10-Year TIPS Auctions With A Real Yield Of 0.548%, Highest In 2 Years - Seeking Alpha

Seeking Alpha

New 10-Year TIPS Auctions With A Real Yield Of 0.548%, Highest In 2 Years
Seeking Alpha
The U.S. Treasury just announced that its offering of $13 billion in a new 10-year TIPS - CUSIP 9128283R9 - resulted in a real yield to maturity of 0.548%, the highest for this term at auction in two years. The coupon rate was set at 0.500%, also the ...

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NY Foreclosure Auctions Jump In 2017: Report - Patch.com

NY Foreclosure Auctions Jump In 2017: Report
Patch.com
New York is one of just a handful of states that saw a jump in foreclosure auctions in 2017, according to a new report. Its findings suggest that the state's aggressive attack on zombie properties is beginning to pay off. New York bucked the national ...

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NBTC favours changes to spectrum auctions - The Nation

NBTC favours changes to spectrum auctions
The Nation
Originally, the NBTC divided the 45MHz bandwidth of the 1800MHz spectrum into three licences each with 15MHz bandwidth. He said that the proposed switch to nine licences was in line with the ideas of the telecom operators aired at the recent public ...


Auction company sues Augusta National over trademark name Green Jacket Auctions - The Augusta Chronicle

The Augusta Chronicle

Auction company sues Augusta National over trademark name Green Jacket Auctions
The Augusta Chronicle
The company has conducted about 30 auctions of memorabilia worth millions of dollars, including several green jackets. The jackets are worn by members of the Augusta National Golf Club and awarded to the winner of each year's Masters Tournament. The ...

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Quinn's tracks beauty of 'Natural World' with Jan. 25 Prints Auction - Auction Central News

Auction Central News

Quinn's tracks beauty of 'Natural World' with Jan. 25 Prints Auction
Auction Central News
Maria Sibylla Merian (German, 1647-1717), Cayman with Snake, from Metamorphosis Insectorum Surinamensium, Amsterdam, 1719, 20.25 x 14.25in. Est. $4,000-$6,000. FALLS CHURCH, Va. – On Thursday, January 25, the Waverly Rare Books & Prints division of ...


Apple Macintosh logo by Andy Warhol goes up for auction, valued up to $30K - AppleInsider (press release) (blog)

AppleInsider (press release) (blog)

Apple Macintosh logo by Andy Warhol goes up for auction, valued up to $30K
AppleInsider (press release) (blog)
A rare piece of art history is now up for sale in the form of an Apple Macintosh logo painted and signed by pop artist Andy Warhol. Thought its exact raison d'etre is unknown, the work may be a color study for an Apple advertising commission, according ...

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What next for contemporary art auctions? - Spectator.co.uk (blog)

Spectator.co.uk (blog)

What next for contemporary art auctions?
Spectator.co.uk (blog)
With auction houses in the news following record-breaking sales, I sat down with Ralph Taylor, Global Head of Post-War and Contemporary Art at Bonhams, to discuss how the contemporary art market is shaping up for 2018. Are auction houses getting too ...

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Foreclosure auctions for Keene plazas pushed back - The Keene Sentinel

Foreclosure auctions for Keene plazas pushed back
The Keene Sentinel
The foreclosure auctions of two major Keene shopping centers have been postponed until next month, according to an auction company. Riverside Plaza and Key Road Plaza were previously scheduled for sale at auctions Friday. The two centers house some of ...


Classic 'Macintosh' Painting by Andy Warhol Estimated to Fetch Up to $30000 at Auction Next Month - Mac Rumors

Mac Rumors

Classic 'Macintosh' Painting by Andy Warhol Estimated to Fetch Up to $30000 at Auction Next Month
Mac Rumors
Woodshed Art Auctions has announced it will be auctioning an opaque watercolor painting of Apple's classic logo by the late Andy Warhol next month. The painting is part of Warhol's "Ads" collection from 1985, one year after the original Macintosh ...

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Trai holds industry-wide consultation on spectrum auction - Gadgets Now

Trai holds industry-wide consultation on spectrum auction
Gadgets Now
Nearly 60 per cent of the radiowaves, including premium 4G bands, had remained unsold in that auction. NEW DELHI: The telecom regulator today held industry-wide consultation on spectrum auction but stopped short of committing a timeframe for finalising ...

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