Selling on eBay? Heres a Success Tip for Your Online Auctions

Are you planning to sell on eBay? Or have you tried in the past but not had much success with your online auctions? If so, here's a strategy that has worked very well for me.

In my experience, the auction lots where I created a useful collection of related items got more bids and closed at higher prices than auction lots that were all one thing.

For example, instead of listing an auction lot of a simple strand of rose quartz oval shape beads, why not create an auction lot of a neat little "designer collection" of beads?

In this case, you could group some of those rose quartz oval beads with garnet rondells and freshwater pearl beads. These three stones work really well together, and this auction allows the winning bidder to have a lot more creative fun than he or she would with a group of all the same kind of bead.

Combo auction lots like this tend to be more valuable and useful to bidders. In a single auction and for one shipping price, they can get a variety of items instead of just one.

Another advantage of making combined auction lots is that your auction listings will contain more keywords that are being searched for by a much bigger group of bidders. For example, our designer bead collection auction could be found by bidders searching for rose quartz beads, bidders searching for garnet beads, and bidders searching for freshwater pearl beads.

That's a significantly larger group than just bidders searching for rose quartz beads. And a good portion of bidders from all three keyword searches will be watching and considering your designer bead collection auction.

Now here's where it gets really good:

Not only do you have a higher demand for your combo auction lots - you also don't really have any competition for the exact auction lot you're offering. Other sellers might offer rose quartz ovals, or garnet rondells, or freshwater pearl beads - but not all three together in one temptingly color-coordinated auction lot. If a bidder wants this bead combination, your auction is the only one available to bid on.

So according to Economics 101,

high demand + low supply = higher closing price.

You can make tempting kits or package deals of other auction lots no matter what your niche is. Here are a few ideas:

* assorted colors of polymer clay plus some basic clay tools

* inkjet cartridges plus two packs of fancy printer paper

* padded shipping envelopes plus tape

* scrapbooking pens, stickers, and a paper cutting tool

To bidders, these combination auction lots are much more appealing and valuable. If you're a regular seller of combo auction lots, you'll quickly gain a following of eBay buyers who always check your current auctions to see what irresistible new combinations you have available.

Writer and jewelry artist Rena Klingenberg publishes jewelry marketing secrets several times a week in http://www.jewelry-business-blog.com. You'll also find wisdom from eBay experts in her site's collection of eBay success tips: http://www.home-j ewelry-business-success-tips.com/sell-jewelry-on-ebay.html.

In The News:


SEC `Missed Opportunity' to Save Auction-Rate Buyers (Update1)
Bloomberg - 1 hour ago
8 (Bloomberg) -- The US Securities and Exchange Commission missed a chance to protect investors from the collapse of the $330 billion auction-rate market by ...
Banks pour hundreds billions VND into stocks VietNamNet Bridge
all 3 news articles

ABC News

Going, going gone: JetBlue auctions flights on Web
The Associated Press - 13 hours ago
The three-, five- and seven-day auctions include one- and two-person roundtrip, weekend flights in September from cities including Boston, Chicago, ...
JetBlue Auctions Flights on eBay Cheapflights.com
Going, going gone: JetBlue auctions flights on Web KCAU
JetBlue And eBay Together At Last Appscout
Newsday - Boston Globeall 291 news articles

Treasury Auctions Set for This Week
New York Times, United States - 12 hours ago
The Treasury’s schedule of financing this week included Monday’s regular weekly auction of new three- and six-month bills and an auction of four-week bills ...

JetBlue auctions flights, vacation packages on eBay
Orlando Sentinel, FL - 1 hour ago
The quirky low-fare carrier has put more than 300 round-trip flights and a half-dozen vacation packages up for bid on the online auction site eBay -- with ...

How to Safely Buy Through Online Auctions and Find The Best Deals
Corsavoo.com, France - 1 hour ago
Some types of auction minimize room for fraud while others seem to encourage such. Some auctions do require the presence of the purchaser (like meet-ups) ...

Charlotte Church auctions dress for charity
The South African, UK - 55 minutes ago
The singer and chat show host has pledged her support by donating a designer dress, as worn on her show, which will be auctioned on eBay to raise funds and ...

Thompson Carr Auctions is proud to announce the sale by auction of ...
PR.com (press release), NY - 7 hours ago
Pigeon Forge, TN, September 08, 2008 --(PR.com)-- A prime commercial property in Pigeon Forge will soon go under the gavel in public auction. ...

International crowd bids at Edmonton auction on Ritchie Bros ...
Canada NewsWire (press release), Canada - 3 hours ago
Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, conducted the auction at its permanent auction site in Edmonton on September 3 ...

Foreclosure auctions no place for amateurs
San Francisco Chronicle,  USA - Sep 6, 2008
They were there for the day's foreclosure auctions, called trustee sales, the moment when houses cease belonging to the homeowner who fell behind on a ...

Airline auctions tickets on ebay
KSL-TV, UT - 1 hour ago
By Andrew Adams A low-fare airline is trying a different approach to selling tickets, and Salt Lake City is included. Industry experts say it's a good way ...
auctions - Google News


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