5 Secrets for Increasing Auction Profits

1. Include your ebay seller name, store, and website information with all items you ship. THis can encourage re-orders and help the buyer leave feedback. I remember one particular incident, as a buyer I wnated to reorder a product from a seller but I couldn't remember their ebay seller name and so never reordered the product.

2. Email customers after you have shipped their item to ask them if they recieved the item and if they are pleased with it. This not only builds trust by showing you care but also gives you the opportunity to add a link to your recently lited items on ebay or your website in your signature line.

3. Put a subscription box on your about me page to capture email addresses and follow up with visitors with news about your products, industry, sales you may be having, product information and inprovements, specials, etc.

4. State in all your auction listings that customers can save on shipping costs by bidding on multiple items at the same tim. Include information about other auctions you have listed at that time that may be related to the product in the auction. Try to link to the items and open the page in a new window so the bidder does not lose his place. Use a picture of the item to encourage bidders to look at your other items.

Many people use an auction listings gallery which inserts pictures of their other items into their auction descriptions like the the one at andale.com.

5. Try to add bonus items to your auctions where applicable to encourage bids. Free ebooks, extra ad space (if you're selling ad space), free software, free samples of related items you sell, coupons for free shipping of the next item the bidder wins, etc.

There are several ways to skyrocket your earning with your auctions, be creative and you're sure to see a difference in your bottom line.

Jennifer Parks is the author of Selling-on-Ebay-Now.blogspot.com with free information, software, resources, and secrets for selling on ebay.

In The News:


Staten Island Advance - SILive.com

The Slot-Auction Saga Continues
Wall Street Journal Blogs, NY - 14 hours ago
The slots would then be put up for auction and claimed by the highest bidder. Federal regulators are hoping to force airlines to use larger planes hauling ...
US Completes Its Plan to Auction Slots at Airports New York Times
Auctions of Airport Landing Slots Set ; Port Authority Will Seek ... RedOrbit
DOT Expands NYC Air Auction Plans Despite Mounting Opposition Business Travel News
The Associated Press - RedOrbitall 511 news articles

TopNews

Mexico auctions off $3 billion to prop up peso
The Associated Press - 12 hours ago
MEXICO CITY (AP) — Mexico's central bank has auctioned off US$3 billion in foreign reserves to prop up the falling peso. That's Mexico's largest auction yet ...
Mexico auctions six bln dollars to fight peso's fall France24
Mexico auctions six bn dollars to fight peso`s fall Zee News
RPT-Mexico spends tenth of foreign reserves to aid peso Reuters
Forbes - FXstreet.com The Foreign Exchange Marketall 186 news articles

Vintage and Modern Posters - Bloomsbury Auctions New York on 22 ...
MarketWatch - 4 hours ago
Bloomsbury Auctions New York is proud to announce for sale a spectacular collection of 282 posters nostalgically capturing the evolving zeitgeist of the ...

BoE says to conduct 2 1-wk dollar auctions each week
Forbes, NY - 13 hours ago
LONDON, Oct 10 (Reuters) - The Bank of England said on Friday it would conduct two $30 billion one-week auctions every week until further notice. ...

A Major Domain to be Sold at Auction on October 30th -- WebChat ...
MarketWatch - 11 hours ago
CHICAGO, Oct 10, 2008 (BUSINESS WIRE) -- Ocean Tomo Auctions, LLC today announced that it will offer for sale a premium online and mobile communications ...

Bloomsbury Auctions New York Celebrates the Flora and Fauna of ...
SYS-CON Media, NJ - 4 hours ago
The auction will begin promptly at 2:00pm on Tuesday 11 November. Bloomsbury Auctions is the world's leading auction house for rare books and works on paper ...

Treasurys Slide Ahead of Auctions
Wall Street Journal - Oct 9, 2008
By MICHAEL S. DERBY NEW YORK -- Treasurys were off to a mostly negative start Thursday, with a big wave of government debt auctions ahead. ...
Treasury Trade Choppy Amid Turmoil Wall Street Journal
all 2 news articles

More auctions for foreclosed homes
York Daily Record, PA - 8 hours ago
With many foreclosed homes, more public auctions will take place, county officials said. (www.cnbc.com) So far this year, the number of properties that have ...

TREASURIES-10-year note yields off highs after debt auctions
Reuters - Oct 9, 2008
NEW YORK, Oct 9 (Reuters) - Benchmark 10-year Treasury note yields backed off session highs on Thursday after auctions of scarce debt issues under a new ...

TopNews

Sales Underwhelm at Art Auctions
New York Times, United States - Oct 8, 2008
Adding to speculation about how the worldwide economic downturn will affect next month’s big auctions in New York, two sales abroad drew disappointing ...
Pop Goes the Bubble in Chinese & Indian Art BusinessWeek
Sotheby's Shares Drop After Disappointing Asian Sales ARTINFO
ART MARKET WATCH Artnet
Bloomberg - Reutersall 87 news articles
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