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Tips for Online Auction Success

Updated: 9/27/2023
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10y ago

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Online auction sites can be an excellent way to make a few extra dollars, or even a profitable business. Depending on how much time you are willing to devote to listing auctions online and your listing strategy, your rewards can be very significant. There are a few secrets the top sellers use in order to ensure their listings are a success.

Once you determine what exactly you want to sell, it is time to write the title. The most important part of the title is the keywords. Keywords are what bring up your particular listing in the search. You have to be sure to think like a buyer. Decide what keywords you would use if you were searching for an item similar to the item you are selling. If a word is commonly misspelled, be sure to include the misspelling in the keywords as well. For example, if you are offering restaurant gift cards, you may want to use the misspelling restarant, besides the correct word.

You may also want to review several items in the search to determine the specific category most sellers are using. Listing your item in the category that generates the most traffic for your item, means more bids.

Use elaborate words to create a vivid description of what you are selling. Be very accurate and specific when writing the description.

We all know a picture is worth a thousand words. Take clear, detailed pictures of your items. Avoid using stock photos. A buyer wants to know what they are really purchasing. Try including your seller identification in the photo, as well.

Offering flexible payment options are crucial. Offer as many ways to pay as possible to attract a wide range of bidders. Use PayPal, Google or billpoint to accept credit cards. This way, you will be opening your product up to many more customers. Many sellers are leery when it comes to accepting personal checks. It may be a good idea to take personal checks, but agree to send only to the address listed on the check.

Now you are ready to make some money!

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