3 UNUSUAL FORMATS FOR AUCTIONS ON EBAY
BY: SYDNEY JOHNSTON
ebay users are accustomed to only two "standard"
formats for
SALES ON EBAY: EITHER THE 'REGULAR' AUCTION
which involves
bidding and waiting; and the buy it now, which
IS AN INSTANT
purchase.
BUT THERE ARE THREE OTHER FORMATS THAT ARE LESS
well known.
1. LIVE AUCTIONS
before ebay, the traditional auction included
LIVE BODIES IN
chairs and an auctioneer up front (talking so
fast he was
FREQUENTLY UNINTELLIGIBLE). ANY BUYER CAN STILL
participate
in these live auctions via ebay. live auctions
ARE A HYBRID
- a buyer is 'sort of' present in a live setting
yet is at
HOME USING AN INTERNET CONNECTION.
the products for sale are usually expensive and
UNUSUAL.
there are such items as expensive and unique
coins, asian
ART, NATIVE AMERICAN ARTIFACTS, INCREDIBLE
jewelry, costly
furniture, memorabilia from major sports stars
AND EVEN
history. today, for instance, there are
documents signed by
JOHN QUINCY ADAMS, ANDREW JACKSON, JAMES MADISON
and ulysses
grant (he confides that he was strenuously
OPPOSED TO THE
"wicked" war with mexico).
IF YOU CHOOSE TO PARTICIPATE IN A LIVE AUCTION,
be certain
that you register first because you can't just
DROP IN ON A
whim.
YOU CAN FIND ALL THE DETAILS HERE:
http://www.ebayliveauctions.com
2. PRIVATE AUCTIONS
private auctions are similar to the typical
AUCTION THAT
we're all familiar with except for one detail -
the
IDENTITIES OF THE BIDDERS ARE KEPT SECRET. ONLY
the seller
has access to the names.
why would anyone create a private auction? it's
usually for
ONE OF THREE REASONS:
* the item is quite expensive and buyers might
BE
uncomfortable having others know they can afford
such
MERCHANDISE. THEIR CONCERN ABOUT THEIR FINANCIAL
status is
most likely misplaced because it is quite
POSSIBLE TO
distance yourself from ebay contact information,
but much of
SELLING IS ABOUT PERCEPTION.
* the buyers might be embarrassed by the nature
OF THE
merchandise.
* SOME SELLERS HABITUALLY USE PRIVATE AUCTIONS
to make it
harder for their competition to snoop on them.
3. restricted access auctions
THIS IS USUALLY FOR SALES OF "ADULT" ITEMS. THE
main purpose
is to prevent children from seeing this kind of
MERCHANDISE,
and is similar to having covers on racy
magazines at store
CHECKOUTS.
to bid on these items, the buyer must:
* be 18 years old
* MUST HAVE SUPPLIED CREDIT CARD INFORMATION TO
ebay.the
theory is that no one under 18 can get a credit
CARD AND
therefore cannot get into these sections.
* AGREE THAT HE IS VOLUNTARILY ACCESSING
restricted access
auctions
in addition, restricted auctions are excluded
from the
FEATURED PAGES. SO IF YOU ARE A SELLER USING
this format,
your listing will be harder to find.
even though they are less well known, these
three formats
FOR AUCTIONS ON EBAY STILL ACCOUNT FOR TENS OF
millions of
dollars in sales each year. if they suit your
BUSINESS
model, you might consider them.
ABOUT THE AUTHOR:
learn how to sell on ebay with 16 hours of
online instruction taught by a 10 year ebay
VETERAN. OWN AN EBAY BUSINESS INSTEAD OF AN EBAY
hobby.
http://www.auction-genius-course.com [2]
CIRCULATED BY ARTICLE EMPORIUM [3]
------------------------------------------------
Thursday, September 24, 2009
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