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Boosting Your eBay Auction Profits: Just Add Audio
 
Are You Getting The Highest Possible Profits From Your Ebay Auctions? Here's a tip: Add audio to your auctions.
According to a recent report, adding audio to your eBay auctions could increase bids by as much as 22% over auctions without audio.
A recent trend showing up on a lot of websites is the addition of an audio clip. The clip is a personal message by the author or the website owner encouraging you to take advantage of what they offer.
The psychology behind this technique is really Marketing 101. It's called personalization. An audio clip added to your eBay auction allows you to personally tell the potential bidder about the product. Using your own voice allows you to make contact with the bidder on a personal level that written words cannot. Because, that's what your eBay auction really is...It's just a long written classified ad asking the bidder to make an offer to purchase your item.
Prior to the advent of the telephone the only reliable way to communicate long distance was by writing letters. It was not unusual back then for lovers to write each other daily or weekly. The decline of letter writing is a well documented event that coincides with the advent of the telephone.
With audio you can describe the item, tell the bidder why you are selling it or even communicate with them about your refund policy or provide your contact information. The possibilities are almost unlimited as a way to establish a rapport with the bidder.
But, the most important reason to add audio clips is that it makes it easy to convey excitement and invoke emotion, giving you a really powerful selling-edge.
How to add audio to a web site:
The simplest way is to upload a .wav or Mp3 file to a website and provide a link to the file. When the bidder clicks on the link his or her computer will automatically recognize the file and play it with the audio player on the bidders computer.
There are some drawbacks to this method. If the bidder's computer doesn't recognize the file it won't play. The overall effect is not as professional as it could be and it distracts the bidder. If you are a reasonably tech savvy type you can easily deal with the drawbacks of this approach.
For the rest of us, there are a number of software solutions and websites that will simplify the task of adding audio to our eBay auctions.
Here are two:
Audio Maker Pro - http://audiomaker.thynke.com - (The one I use and recommend)
Sound Streamer - http://soundstreamer.thynke.com - (Less expensive)
Different programs and websites range from charging a one time fee to monthly fees for the use of the program. The good news is that many will let you test them for as little as $1 for a trial basis or let you download a demo version to see how well it will work for you.
Mike Nalbone is an author, editor, publisher and webmaster who earns a living full-time on the Net. For more, exclusive eBay profit tips like this one, visit: http://auction-tips.thynke.com
About the Author
Mike Nalbone is an author, editor, publisher and webmaster who earns a living full-time on the Net. For more, exclusive eBay profit tips like this one, visit: http://auction-tips.thynke.com



Auctions News


Treasurys down ahead of auctions
MarketWatch - Jan 6, 2009
... more than regular 10-year Treasurys, said Alex Li, interest-rate strategist at Credit Suisse, one of the 17 primary dealers required to bid at auctions. ...
Treasurys Continue to Slide Wall Street Journal
Treasurys down ahead of auctions, ISM data MarketWatch
Treasurys down as auctions loom MarketWatch
all 10 news articles

Sify

mocoNews.net - More Possible Delays For India's 3G Auctions
Washington Post, United States - Jan 5, 2009
If the DoT decides to do this, it would mean that the auctions would definitely be delayed, as any changes to the bidding process would then have to be ...
India May Delay 3G Auction, Raise Prices BusinessWeek
DoT Rejects FinMin's Proposal To Hike 3G Reserve Price RTT News
3G price: DoT rejects finmin's demand Economic Times
TeleGeography - TeleGeography
all 105 news articles

Record UK Gilt Sales Raise Risk of Auction Failure
Bloomberg - 9 hours ago
7 (Bloomberg) -- Britain may overwhelm bond investors with a record number of quarterly debt sales, risking the first failed auctions since 2002 as the ...
Investors shun German bond auction Financial Times
Fears over UK gilts going unsold First Post
all 5 news articles

Los Angeles Times

TREASURIES-Longer bonds fall on auctions, issuance fears
Reuters - Jan 5, 2009
By John Parry NEW YORK, Jan 5 (Reuters) - Longer-maturity US Treasuries prices fell steeply on Monday, extending the previous session's sell-off as auctions ...
BOND REPORT: Treasurys Down Ahead Of Auctions, Fed Minutes EasyBourse.com
Treasurys Slide; Long Bond Drops Wall Street Journal
BOND REPORT: Treasurys Modestly Lower Ahead Of Three-year Notes ... CNNMoney.com
Reuters - Reuters
all 295 news articles

Santander Signs New Three-Year Solus Contract With Manheim Auctions
Autochannel (press release) - 7 hours ago
AUTO CENTRAL – January 7, 2009: Santander Consumer Finance has signed a new three-year solus contract with Manheim Auctions until December 2011 for the ...