ABOUT THE AUTHOR
Tukshad Engineer has specialised in helping everyone save money through the internet. He has written books on property auctions, travel & more. You can see all his work here:
http://www.my-online-powerpack.com
All About Online Auctions
How to make Auctioning a Profitable Business
It wouldn t be exaggeration to say that hundreds of thousands of people from across the world visit buy and sell myriad products on auction sites. One popular site has a market share of 76%, reports 42.7 million users recording a growth rate of 100% every year!
What are these auction buyers looking for?
A poll conducted by Harris Interactive on 2,196 people shows that online auctions appeal to people for the following reasons.
- Bargains (43 percent)
- Hard to find items (23 percent)
- Collectibles (21 percent)
Not just that, a recor ..