Auction Information, Help & Related  Resources

  Sitemap

Home Page
Search
Resources
Add An Article
Add Your Resource
Contact Us

Refer A Friend
Privacy Policy
Terms Of Use

The first item ever sold on eBay was... eBay founder Pierre Omidyar's broken laser pointer. It sold for almost $14.00.


3 Unusual Formats For Auctions on EBay


Navigation: Main page

SurveyScout.com - Paid For Your Opinions.
Affiliates earn 75% - even on non-CB orders. 15-30% conversion ratio!

Author: Sydney Johnston

Article source: http://www.auctions-buzz.com/. Used with author's permission.

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.

Sydney Johnston has been an eBay seller since 1996 and is the originator and teacher of the famous 'Auction Genius Course'. She is the author of the best-selling auction book on the Internet, 'Make Your Net Auction Sell' and offers an 11 Day Course that teaches how to sell on ebay: http://www.auction-genius-course.com/11days.shtml



       Print this page
                                       



  Recently Added Articles

10 Tips to Starting a Financially Successful Ebay Business Startting Right Now
Ebay is Perhaps the easiest and fastest way to start a home based online business. Here are 10 Tips to starting a Successful Ebay Business

Before You Sell On Ebay, Take The Most Important Step
If you want to earn a full-time income selling on Ebay, you must take the first and most important step in all successful business ventures: you must accept that it is possible.

eBay - Profiting With Books By Janette Oke
If you are looking for specific items to sell on eBay, here's a small sub-niche that you can profit from right now. Learn what to pay and what profits to expect with this popular author.


Get notified of new articles:


Exchange Links With Us
Add Your Resource Here






Copyright © Auction-World-Online.com 2005 - 2006