|
The starting price was too high: People dont want to have to make a high bid before anyone else has you should always start your auctions low and let the bidders bid them up.
The fixed price is too high: If youre just selling with Buy it Now, then of course your items wont sell if theyre too expensive. Try reducing the price a little each time the item fails to sell.
No picture: Most buyers are reluctant to bid on something without a picture, and that goes even more for high-value items. Think of it from the buyers point-of-view: would you want to bid on an item when youve no idea what it looks like?
You had a reserve: Reserve prices scare away buyers like you wouldnt believe, not to mention costing a percentage of your final sale price. Avoid them like the plague.
Property Auctions - Grab Your Dream UK Home On The Cheap**You are free to reprint this article free of charge as long as you include the resource box at the end. 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 so, property auctions continue to be used only by the elite and for the astute buyer/investor this generates a fantastic opportunity to secure a dream home/good investment at bargain basement prices. For example, at a recent auction a studio flat w ..
Bad spelling and grammar: If your titles are spelled wrongly, then no-one will find your auctions. If your descriptions are incoherent, then no-one will know what youre talking about. Always run your text through a spelling and grammar checker before you put it up on eBay.
Too much for shipping: You might be expecting people to pay more for shipping than theyre prepared to. Give them a few cheaper options that will take longer, or use cheaper materials.
Negative feedback: If you got negative feedback on your last transaction, expect things to be slow for a while. Try selling cheap things for a while to get your account back in good standing.
Nasty terms: Dont write things all over your auction like I will only accept returns in PERFECT condition or Serious bidders only, no timewasters!! This is entirely unnecessary and just makes you look difficult to deal with.
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 ..
No PayPal: Many buyers simply avoid any seller who doesnt accept PayPal as a payment method they cant be bothered with the hassle of anything else. Even if you dont like PayPal, you should accept it if you want to business on eBay.
The items were bad. You will have to accept that there are some items no-one wants perhaps they were hyped to begin with, but now people had heard that theyre useless and stopped buying. Before you come to this conclusion, though, check everything else you can, and check if anyone else is managing to sell it. If youre sure, try to return the items, and buy in some new stock.
When selling on eBay is so much trouble, you might start to wonder: should I just go and sell my stuff somewhere else? In the next email, well take a look at the various alternatives to eBay that have sprung up over the years.
About the Author: Kirsten Hawkins is an Ebay and internet auction enthusiast from Nashville, TN. Visit http://www.auctionseller411.com/ for more great tips on how to make the most from Ebay and other online auctions.
Source: http://www.isnare.com Kirsten HawkinsTop 10 Reasons Why Ebay Auctions Fail.
|