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Four Huge Mistakes eBay Sellers Make (Even Some Moderately Successful Ones)

No matter how many times I see it happening, I'm constantly amazed at the number of people who are literally throwing money away by making incredibly simple mistakes when they sell items in an online auction.

Over the last seven years, I've been making a great living buying and selling products on eBay and other online auction sites, and I've perfected a technique that pretty much guarantees anyone can start making a profit right away. That technique starts with avoiding mistakes like these -- mistakes I've seen people make every day for those same seven years.

If you're doing any of these four things, you're leaving money on the table with every single item you sell.

* Listing an item at the wrong time. It's a proven fact more buyers browse Internet auction sites on Sunday evenings than any other time during the week. If your auction is scheduled to end at any other time than Sunday evenings (specifically between 9 p.m. and 11 p.m. Eastern time), you're not getting the maximum exposure for your auction at a time when people are most eager to buy.

* Not giving your photos the attention they deserve. There are two common mistakes people make with the photos they use to entice buyers on eBay. One is not having enough pictures to accompany your item's description. Over the years, I've learned pictures of your item are one of the most important components of your sales page. (There are many reasons for this, but I don't have the space to go into much detail here.) Multiple pictures from various angles will ALWAYS help you get higher bids for your products. The second mistake is not making sure the pictures are up and running on whatever server you're using BEFORE you list your item. How many times have you been browsing an auction site and seen a blank box where a picture of the item should have been? That's a seller who's losing
money because of a very simple, and very common, oversight.

* Using "Las Vegas style" listings. I'm sure you know what I'm talking about here. A Las Vegas listing is one that uses all kinds of flashing animation, multicolored text and other bells and whistles in an attempt to entice bidders. In fact, it does just the opposite. Listings like these are distracting, hard to read, and will always discourage people from bidding, resulting in a lower final sales price. The descriptions that you give of your item on your sales page ARE NOT designed to get a buyer's attention (you already have that if they've clicked on your listing in the first place). They should be designed to get someone to actually place a bid.

* Using a reserve. Using a reserve to guarantee that you'll get a minimum price for an item will absolutely kill your auction. Trust me, I've seen it happen too many times to not accept this as a given. In fact, I often use other seller's auctions that have a reserve as a way to pick up items at ridiculously low prices that I can sell "the right way" for a huge profit a few days later -- but that's a different article altogether. For now, just realize that nothing scares away potential bidders better than seeing the "Reserve Not Yet Met" tag. If you're truly concerned about a minimum price, simply set your starting price a little higher.

John Reese has been actively involved with online auctions and eBay since 1996. Mr. Reese has written several articles on the subject and has recently created the "Internet Auction Secrets" Video for teaching others how to start, run, and manage a successful online auction business from home.

His 2-Hour Step-By-Step Video comes with access to a "Student's Only" web site where his students can keep up with the latest tips, tricks, and techniques. You can learn about how *you* can become one of his students at:

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Sellers still rule hot Canberra market - Domain News

Sellers still rule hot Canberra market
Domain News
Clearance rates eased in Canberra weekend home auction market on Saturday following the remarkable results of the previous weekend although most sellers clearly continue to prevail. Canberra recorded a clearance rate of 74.2 percent on the weekend ...

and more »

Melbourne bounces back with highest auction clearance rate in two months - Domain News

Domain News

Melbourne bounces back with highest auction clearance rate in two months
Domain News
Melbourne's auction market bounced back hard on Saturday after last weekend's year-low result and recorded its highest clearance rate for the season so far. Melbourne reported a clearance rate of 78.3 per cent at the weekend, significantly higher than ...

and more »

Rising Chinese Solar Panel Prices May Put Indian Projects At Risk - BloombergQuint


Rising Chinese Solar Panel Prices May Put Indian Projects At Risk
Tariffs could also rise from record lows as uncertainty over costs may deter renewable energy producers from quoting low rates in future auctions. The price of Chinese solar panels rose up to 20 percent in the last six months to 35 cents per watt ...

and more »

Car star power boosts auction action on Monterey Peninsula - Classic Car News

Classic Car News

Car star power boosts auction action on Monterey Peninsula
Classic Car News
The star cars shined Friday at the collector car auctions taking place on the Monterey Peninsula. In the daily report from Hagerty, the insurance and vehicle-valuation tracking company that monitors each of the sales, “Much of this week's perceived ...

and more »

Talk radio host Laura Ingraham headlines annual luncheon, and other society events - Corpus Christi Caller-Times

Corpus Christi Caller-Times

Talk radio host Laura Ingraham headlines annual luncheon, and other society events
Corpus Christi Caller-Times
A dinner and dance, silent auction and group photo will be from 6:30-11:30 p.m. Saturday at the Holiday Inn Corpus Christi Downtown Marina, 707 N. Shoreline Blvd. Cost: Dinner and dance $55 before Aug. 15; $65 after Aug. 15. Golf tournament $60.

Auction rate on the rise across Australia -

Auction rate on the rise across Australia
The proportion of Australian homes sold at auction has increased this week, while the number of auctions remains steady, according to CoreLogic data. Across the nation's capital cities, a national preliminary auction clearance rate of 71.7 percent was ...

The 10 Most Expensive Cars Sold at the 2017 Monterey Auctions, Day 2 - Car and Driver

Car and Driver

The 10 Most Expensive Cars Sold at the 2017 Monterey Auctions, Day 2
Car and Driver
Well, that escalated quickly. The most expensive car from Day 1 of the auctions in Monterey this year went for $605,000. Friday's sales saw 28 cars go for at least $1 million, three of which busted well into eight figures. Among them were the most ...

and more »

Idaho auctions 59 Priest Lake lots for $29 million - KHQ Right Now

KHQ Right Now

Idaho auctions 59 Priest Lake lots for $29 million
KHQ Right Now
Including the most recent auctions, 335 cottage sites have been sold – 204 lots at Priest Lake (190 leased and 14 un-leased) and 131 lots at Payette Lake (115 leased and 16 un-leased) – for a total of $149,249,149 for the endowments. The funds from the ...

Do your homework - The Star Online

Do your homework
The Star Online
Today he runs workshops on auctions a well as a business for those who want to buy auction properties, and has a website,, that lists properties coming up for auction. Shafie, who goes by the digital moniker Pie2020, also blogs about ...

Going once, going twice ... - The Star Online

Going once, going twice ...
The Star Online
Auction specialist Leslie Low says thanks to property websites like Propertyguru, Propwall, and iProperty there is ample information available, and this has helped to elevate the auction “game” to another level. “New property launches are too ...

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