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Online auctions continue to grow in popularity as an easy and efficient way to make money on everything from unwanted household items to rare and expensive collectables and even to bulky items like cars.
Log on to eBay and you will see countless auctions on any item you can imagine. As eBay auctions grow in popularity, it becomes harder to make money with your auction because it often gets buried or overlooked with all the competing auctions in the same category. Therefore, to make money on your auction, it is important to set your auction apart and avoid common eBay auction mistakes. Here are 3 important mistakes that you must take note of:
1. Wrong product category or product category not specific enough. As it is relatively simple and inexpensive to auction an item, many sellers simply do not put in enough effort researching the market. The result is the auctions are put up in the wrong category. This would be tantamount to pitching your deal to the wrong market.
However, if you are marketing your product in traditional channels and paying money for your promotions, you are likely to do a lot more research and legwork. If you want to earn a serious income, then you should not treat your eBay auctions any differently.
To research, find the best eBay category to put your product auction in. If you are selling coins, eBay shoppers do not have the time to search all 38,000 plus auctions put up under the category of coins. You need to define your product category as specific as possible. You will then target the true eBay shoppers that are likely to be interested in your auction.
2. A blurred or ugly looking image. Be sure your eBay auction has a clear professional looking image. Pay heed to the saying "A picture speaks a thousand words". Also, don't forget to ensure that your image file size is not too large. If the image takes minutes to download, the typical eBay shopper is bound to skip your auction.
3. Incomplete and unclear product description. Be sure to give a detailed and precise description for your eBay auction item. For instance, you can give exact dimensions of the product or give specific details about the condition of the second hand item. An incomplete or unclear description is not likely to attract bidders for your item.
All in all, the best exercise I can suggest is to visit your eBay auction and honestly ask yourself if you would be even tempted to put in a bid for this product.
If the answer is no or even probably not, then change it. If you are passionate about your auction and take the time to make it professional, your auction is likely to stand out. Make the effort to do it right and you are likely to have successful auctions.
Evelyn Lim is an online publisher of a FREE newsletter aimed to help all aspiring home based business owners. She also hopes to equip her readers with skills on acquiring multiple sources of online income. To subscribe to her popular newsletter, please visit http://www.e-bizmap.com or her blog at http://www.EvelynLim.com .
Oregon. EUGENE. (Eugene Livestock Auction). Aug. 17. Total Receipts: 727. Comments: Slaughter cows and bulls staying strong. Feeder cattle a little sluggish ...
Despite a record number of cars hitting the auction block this year, the total value raised came in at a paltry $245 million, representing a 34% decrease from the ...
There were no more bids after $17 million. Since $17 million was below the reserve price -- or minimum required by the seller — RM Sotheby's pulled the lot.
A Ferrari, sold for £33000, is among dozens of items seized from criminals and sold at auction.
Commodity traders Glencore PLC and Trafigura [TRAFGF.UL] have picked up a combined 70479 tonnes of aluminum over the past week by winning online ...
The Monterey Car Week auctions left the collector car world in a state of shock. Sales totals were expected to be similar to 2018 when 850 cars sold for US$370 ...
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Former President Barack Obama's game-worn high school basketball jersey – nearly lost forever in the trash – has sold at auction for $120000.
The No. 23 basketball jersey believed to have been worn by President Obama when he was a high school senior sold in an online auction for $120000.
The final five minutes of trading have become the busiest time of day for stock market traders in Europe.
Up for auction is a 1-of-1, 1984 off-road Porsche 911 Carrera. Dubbed the “SARAFI,” this project car started out as an already impressive 911 3.2 Carrera which ...
If you are one of the many creditors owed money by J Levine Auctions, it may have just become harder to collect anything.
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A rare 1923 Green Bay Packers stock certificate was auctioned off on Saturday for more than double the estimate.
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But will the botched-bidding scandal create real change in an industry constantly racing to up the stakes?
In 2017, an anonymous buyer paid $450 million for Leonardo da Vinci's "Salvator Mundi." But it was down to Alex Rotter, on the other end of the telephone, ...
This week's auctions appearing in the Aug. 16, 2019 Wisconsin State Farmer.
Fall Consignment Auction • 9:00 a.m.. Held at the Mid-American Auction Co. office and auction lot (home of the Hay Auction), located by exiting Interstate 94 at ...
Although Bonhams and RM Sotheby's added an early and extra day to the annual collector car auctions that take place during Monterey Car Week 2019, with ...
Buyers walked along bales of tobacco in the first live auction on the secondary market Wednesday at Horizon Ltd. in Wilson. “This is the first sale of the 2019 ...
Gold coins worth thousands, Rolex watches, a newspaper from the day JFK was killed, and piles of sports memorabilia are all up for auction in Orlando this ...
Sixteen homes and 16 vacant lots will be up for grabs in the city's annual tax closure auction at 6:30 p.m. Sept. 19 at 1 Locks Plaza.
MARIETTA — The guests were greeted with a smile and a glass of sparkling wine. Outside the Lafayette Hotel ballroom, 14 tables were covered with items ...
For the wealthy collectors who converge from across the globe on Monterey Car Week, the biggest spectator sport over the weekend is the auctions.
MATOAKA — The former town of Matoaka is officially no more after all former town assets were sold at an auction on Saturday.
Last month, 95 foreclosed properties in Ingham County were auctioned to the highest bidder, and any money the county made above what was owed in ...
About 900 attendees of the Oregon Wine Experience were greeted Saturday at the entrance with a wine glass, which was then filled with some of Oregon's best ...
Heritage Auctions just had a good week: The auction house broke multiple records with the sale of a science fiction art collection that exceeded its pre-auction ...
A Sleepy Eye man's lifetime collection of farm equipment and more than 120 collector's vehicles sold Aug. 17 at his estate.
An auction house selling the jersey, which the former president is believed to have worn while playing in high school, says it could fetch that much when bidding ...
Listed in first place in the third edition of the 100 Greatest U.S. Modern Coins, the 1975 No S proof Roosevelt dime is one of the rarest issues in all of.
Housing auction clearance rates this week have reached two-year highs of almost 80 per cent across Australia.
BAR HARBOR — The historic mansion East of Eden will go to auction on Sept. 7, unless sold beforehand. The mansion is currently listed for sale for $12.5.
OSWEGO — The annual Oswego County Tax Auction is set to take place Oct. 5, in Mexico, offering bidders a selection of approximately 120 foreclosed ...
When it comes to county auctions, it's buyer beware. But a Boca Raton investor lucked out after buying a home he didn't know had burned down.
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Joe Tiller's chapter of the National Football Foundation to auction off more memorabilia from the Tiller era of Purdue football.
Elvis Presley not only liked peanut-butter-bacon-and-banana sandwiches, he also loved cars. The King owned more than 100 automobiles, including several ...
NBC Sports Group and Mecum Auctions today announced a multi-year partnership extension to continue coverage of Mecum collector car auctions across NBC ...
Introduces New “In Bond, In London” Initiative. NEW YORK – August 22, 2019 – Acker, 2018's leading global wine auction house, has just launched its first ...
Matthew Broderick and Alan Ruck weren't the only stars to appear in the classic 1986 film “Ferris Bueller's Day Off.” A shiny, red Ferrari lookalike all but stole the ...
A judge has ordered Collectrium to pay Heritage Auctions close to $1.8 million, bringing to a close the long-running data theft lawsuit filed by the Dallas ...
Elvis Presley's pal Wink Martindale reveals why he 'broke down' after seeing The King for the last time. Radio personality and game show host Wink Martindale ...
Shakey Graves is auctioning off an art guitar designed by Carter Watkins to raise money for MyMusicRX, which brings joy to children with cancer.
While previous buyers passed on 18 oddly shaped and nearly unbuildable tax title properties for sale at the county, a group of investors and adjacent ...
Canada's most famous coin, the 1911 silver dollar, was sold Aug. 15 for $552000, including a 20 percent buyer's fee.
There's a bumper crop of over 100 classic cars coming up for auction in Minnesota this Saturday. (VanDerBrink Auctions). The vehicles were owned by a farmer ...
From a 1939 Porsche to two ferocious Ferraris from the '50s to a 1995 Vector M12, these are the best vehicles up for auction at Monterey Car Week 2019.
Patience and awareness are just two skills you'll need if you're going to come out of your Fantasy Football auction looking like a champ.
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Bidding soared to $3.5 million on Saturday for a 1970 Plymouth Superbird that Richard Petty raced in NASCAR and is billed by its present owner as the most ...
DERRY — The Fireye parking lot on Saturday was filled with furniture, toys, antiques, and housewares — all up for bid and going fast for a good cause.
There is an out-of-this-world auction going on this weekend with some amazing Apollo-era artifacts up for grabs. "Items like this Apollo Guest Center sign, that's ...
Designer shoes, Rolex watches, and a Ferrari are among an estimated £2.3 million (US$2.8 million) worth of luxury goods seized from criminals that will be ...
India's Karnataka state government has deferred its plan to auction off the Donimalai iron ore mine indefinitely, it said late Friday.
An incredibly rare dime once owned by late Los Angeles Lakers owner Dr. Jerry Buss sold for $1.32 million in a Chicago auction.
Critics of President Obrador have called the auctions a populist measure.
Some pig, indeed: One hog at an Ohio livestock auction fetched $15000, but the credit belongs to its 12-year-old owner.
Some of the artifacts going under the hammer include: the armor Russell Crow wore in "Gladiator" (valued at more than $36000); Jack Nicholson's axe from "The ...
DALLAS (CBSDFW.COM) – Time is running out for anyone wanting to bid on a high school basketball jersey believed to have been worn by President Barack ...
Editor's Note: This is the second in a three-part series on the auto auction operations of KAR Auction Services. Part I discusses the focus on revenue per unit at ...
The town has been involved with the military surplus program for over a decade. A date has been set to auction off unused and unwanted equipment.
From metal, to siding, to lumber, and bathtubs, a lot is up for auction this weekend in Sapulpa.
BEIJING, Aug 25 (Reuters) -. * Commodity trader Trafigura won 9,331.86 tonnes of refined copper in an auction of metal dating back to the Qingdao ...
Rows of damaged cars, slowly being scavenged for parts, sit in the 8-acre junkyard at the LKQ Pick Your Part site in West Humboldt Park. Mechanics shopping ...
The online silent auction for Taste of Knowledge is now live! It will close at 7:30 p.m. Sunday. There are 62 silent auction items generously donated by local ...
Have you never had the privilege of attending a cruise ship auction? Here's what it's like to buy art on the high seas.
HONOLULU (KHON2) — A reminder, items that belonged to the late actor Jim Nabors are up for auction and time is running out for you to bid. Nabors played ...
With only three others painted in this sparkling hue, this.
The restaurant is 3100 square feet and the banquet center is 2400. The combined property is appraised at $240000. The auction is Aug. 24.
A much-hyped car auction sputtered out in the weirdest way Saturday.
The No. 23 jersey worn by No. 44 is up for auction. The game-worn jersey of former president Barack Obama when he played for Honolulu's Punahou High ...
(RENO, Nev.) — An unopened copy of a 1987 cult-classic video game that a Nevada man found in the attic of his childhood home is expected to sell for up to ...
The Chinese court auctioning off inventory formerly held by the now-defunct Fanya Metal Exchange has put two batches of rare earths, with a market value of ...
The Kenya Airports Authority has overseen auctioned planes abandoned at Nairobi's Wilson Airport.
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One of the most iconic pieces of Elvis Presley memorabilia, the custom built 1929 Ford roadster that the King of Rock and Roll drove in the movie "Loving You," ...
TROY — As part of the annual United Way of Miami County campaign this fall, ITW and its local Hobart businesses will be offering area employees and c.
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Action Auctioneers is getting ready for their weekly auction.
After nearly two years on the market, a Gilded Age waterfront mansion in Bar Harbor located along a stretch of shoreline formerly known as “Millionaire's Row” is ...
Sunday's noon start of the auction at Dan's Heating and Cooling at 906 Third St. in downtown Perry drew a crowd of 50 or more bargain hunters looking to profit ...
The auction of Sundale Country Club was again postponed Wednesday, leaving the troubled golf club property — and the neighborhood surrounding it — in ...
This year's Missoula Police Department bike auction was held entirely online in hopes of drawing more bids.
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Over 358 vehicles were sold at the July 2019 Mecum auction in Denver, for a sales total of $10.2 million.
A Milky Way-themed oil painting by Chinese-French artist Zao Wou-Ki will be a star lot at a Christie's auction in Shanghai this September. The large-format ...
Nintendo is always fighting against mods and piracy. But now they've taken down an ebay auction that simply mentions that a Switch is able to be modded.
What would you pay for arguably the most famous club in golf history? We're about to find, after a Calamity Jane putter belonging to Bobby Jones went up for ...
WEST MEAD TOWNSHIP — It was a day for budding farmers and 4-H enthusiasts Friday at the Crawford County Fair.
Decommissioned buses either sold or waiting to be auctioned sit on the former Bel Air Auto Auction site.
The Gulf of Mexico is either rebounding well as a world-class offshore oil and gas exploration site, or recovering painfully slowly from the oil crash five years ago.
Over 200 tax-foreclosed properties in eight Michigan counties including Livingston will be offered at public auctions in Lansing. Livingston, Branch, Clinton ...
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