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Featured Auctions Articles

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Mistakes To Avoid In Your Ebay Auctions
 
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 areas that you must take note of:

1. Wrong product category or product category not specific enough. Not doing enough research. 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 that 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.

About the Author
Evelyn Lim is an online publisher of a FREE newsletter aimed at helping aspiring home based business owners. She also hopes to educate her readers on skills to acquire multiple sources of online income. To subscribe to her newsletter, please visit http://www.e-BizMap.com>http://www.e-BizMap.com or her blog at http://www.EvelynLim.com>http://www.EvelynLim.com.



Auctions News

Bond prices decline even as Treasury auctions off a record $30 billion ... - Fort Lauderdale Sun-Sentinel
NEW YORK (AP) — Treasurys fell in trading Wednesday despite a decent note auction, as investors grew more reticent about pouring money into government debt. The Treasury Department sold a record $30 billion in three-year notes to more than twice as ...

Real Estate Brokerage CEO Found Dead In Forest - CBS 2 Chicago
The chairman and CEO of a Chicago real estate firm was found dead of an apparently self-inflicted gunshot wound Monday in a car in a northwest suburban wildlife preserve. About 8:20 a.m. Monday, the Kane County Sheriff's Department was notified that ...

Builder Avoids Foreclosure Using Real Estate Auctions - Earthtimes
CHARLOTTE, N.C. , Jan. 7 /PRNewswire/ -- In this increasingly competitive housing market brought on by current economic conditions, builders are turning to real estate auctions to liquidate new home inventories. Charlotte -based builder, Southampton ...

DoT offers compromise on auctions of 3G spectrum - Business Standard
The Department of Telecommunications (DoT) has suggested a compromise formula to resolve the controversy raised by the ministry of finance on auctioning spectrum, the radio frequencies that enable wireless services, for third-generation or 3G ...

Bond prices decline even as Treasury auctions off a record $30 billion ... - Fort Lauderdale Sun-Sentinel
NEW YORK (AP) — Treasurys fell in trading Wednesday despite a decent note auction, as investors grew more reticent about pouring money into government debt. The Treasury Department sold a record $30 billion in three-year notes to more than twice as ...