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Featured Auctions Articles

Can you boost profits significantly by adding audio to your E-Bay auctions?
If you ask me, it is a definite yes. In fact, one e-book author suggested that adding audio to your auctions could potentially 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 ...

Ebay Auction Pricing Strategies.
If your items aren't selling, then you might have a bad pricing strategy. There as many pricing strategies in the world as there are buyers - if you look at two businesses selling the same thing, often the only difference you'll be able to find between ...

Grab Your Dream UK Home On The Cheap - Property Auctions
Did you know that every year thousands of UK properties are sold at significantly below market value? The majority of these properties are released through property auctions where regular savings of between 10% to 40% are available to market value. Even ...




Want to Grow Your Business? Try Being an Auction Seller
 
Every business owner, from the largest conglomerate to the smallest storefront, has the same goals in mind: finding new customers and making more money. Most merchandise-oriented businesses have already turned to the Internet, and now it's hard to find one who has not become an auction seller.

As an auction seller, you can offer your product to a wide range of people, far more than those you would encounter in a traditional business setting. With reverse online auctions, such as those at Oltiby.com, an auction seller can attract new customers who have never heard of his company before.

With reverse auctions, buyers list what they're looking for and potential sellers compete to offer the lowest price. As a seller, this is your chance to make a good first impression. Even if you don't win the auction and sell your product to the buyer, you've at least been seen by him. Next time, there will be name recognition.

Of course, winning the auction and making the sale is even better. And that's where you, the business owner, really get a chance to shine. You can dazzle your new customer -- who might not have even known you existed before the auction! -- with your fast shipping and excellent customer service, not to mention the quality of the merchandise itself. And in the future, when this new customer needs a similar product, maybe he'll skip the online auction and go directly to you.

Oltiby.com offers a free listing service, where businesses can list their products on the site for potential buyers to browse. It's a form of window-shopping for buyers. Once their interest is sparked, they can initiate an auction, and you can make a formal offer on selling your item. Free advertising, new customers, new leads and new sales? What more could a business owner want?

About the author:

Richard Verker has been writing business articles for 15 years. After studies in general economy and e-commerce, his work on online auctions make his articles top-rated by magazines and thousands of readers.



Auctions News


BOND REPORT: Treasurys Modestly Lower Ahead Of Three-year Notes ...
CNNMoney.com - 2 hours ago
Another $112 billion in short-term bill auctions are scheduled as well. Also on tap, Treasury Secretary Henry Paulson will discuss the role of Fannie Mae ...
Video: Jan. 6: Stocks Finish Higher on Fed Minutes AssociatedPress
BOND REPORT: Treasurys Down Ahead Of Auctions, Fed Minutes EasyBourse.com
Janet L. Yellen: US Monetary Policy Objectives in the Short and ... Cbonds. Info
RGE Monitor - CNNMoney.com
all 1,278 news articles

Los Angeles Times

Treasurys down as auctions loom
CNNMoney.com - 2 hours ago
By Julianne Pepitone, CNNMoney.com contributing writer NEW YORK (CNNMoney.com) -- Treasury prices fell Wednesday - ahead of a record $30 billion auction of ...
US Treasuries Decline Before Record $30 Billion Debt Auction Bloomberg
Weak Jobs Report Lifts Treasurys Wall Street Journal
TREASURIES-Longer bonds fall on auctions, issuance fears Reuters
Wall Street Journal - Reuters
all 200 news articles

Washington Post

Japanese 30-Year Bonds Decline as Dealers Prepare for Auction
Bloomberg - 10 hours ago
7 (Bloomberg) -- Japan’s 30-year government bonds fell for a second day on speculation dealers reduced holdings of debt in preparation for an auction of 1.9 ...
Japan 10-Year Bonds Fall as Stock Gains Reduce Demand for Debt Bloomberg
Japan Bond Futures Fall as Stock Gains Reduce Demand for Debt Bloomberg
Japanese 10-Year Bonds Fall a 2nd Day as Stock Gains Sap Demand Bloomberg
all 505 news articles

Record UK Gilt Sales Raise Risk of Auction Failure
Bloomberg - 6 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

German Bond Auction Fails to Attract Enough Demand
Bloomberg - 21 minutes ago
“I would call this a failed auction,” said David Keeble, head of fixed-income strategy in London at Calyon, the investment-banking unit of France’s Credit ...