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Online
Auction Secrets.
If
you go online and type in auction into any search engine, you
will be returned results of hundreds, even thousands of
auction websites. People everywhere list their items and have
created these sites looking to get a piece of the auction
action. However, there are so many items listed, it can be
hard to get yours noticed, but there are some tricks to make
that happen.
Here are
five basic techniques that have a dramatic difference your
listing and sales.
Tip #
1.
Use
keywords in your listing. Deciding which keywords in your
auction listing is one of the most important aspects of
getting your item noticed. Make sure the title of your
listing is filled with words that describe your item. Only
use relevant keywords, use all the characters allotted to you
in the title, and use as many keywords as possible. The more
keywords you use, the more potential bidders that will get
drawn to your auction listing.
Tip #
2.
Misspelling some keywords. Intentionally misspell some
keywords. When potential buyers do a search, figure some
people are going to misspell some words, by you misspelling
them also, you will be increasing traffic to your item.
Picking the most relevant and often misspelled words will
ensure you get more bidders.
Tip #
3.
Keeping
the starting and reserve price low. Start an auction at $.99
and secure the least amount you are willing to take with your
reserve price. Starting the bidding low will actually
encourage more bidding to take place on your item. Pick a
reasonable reserve price. A reserve price is saying that you
will not sell the item unless that price or higher is met.
Potential buyers do not know what the reserve price is, this
also encourages higher bidding. You can always accept a bid
that is lower once the auction has closed, however typically
setting a low start price will drive bids up to the reserve
price or higher.
Tip #
4.
Time your
auction. Timing your auction so that it closes during
the late evening hours, around 10 or 11 pm on a Sunday.
This is because this is when the most people will be home and
able to place a bid.
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