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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: http://www.auctionsecrets.com

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TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Tue. November / 13 / 2018

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Art: John Thain's Picasso fetches US$29.6m as auctions start - The Edge Markets MY

The Edge Markets MY

Art: John Thain's Picasso fetches US$29.6m as auctions start
The Edge Markets MY
WORKS by Claude Monet and Pablo Picasso led Christie's mixed auction of Impressionist and modern art last Sunday in New York. The total was US$279.2 million (RM1.17 billion), below the low estimate of US$305 million, and 42% less than the similar ...

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Your Investment Property

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Your Investment Property
Buyers are continuously turning away from the auction market, according to the latest CoreLogic Property Market Indicator Summary, which revealed that the auction clearance rate once again hit the lowest levels over the week ending November 11. A total ...

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Blue Eyes special: Frank, Barbara Sinatra auction upcoming - Lincoln Journal Star

Lincoln Journal Star

Blue Eyes special: Frank, Barbara Sinatra auction upcoming
Lincoln Journal Star
Sotheby's on Monday unveiled the contents of Lady Blue Eyes: Property of Barbara and Frank Sinatra, which will go on the block in a series of auctions in New York in December. Sotheby's says the items were gathered over the couple's 22-year marriage ...

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One of Tennessee's Largest Homes Heads to Auction - Mansion Global

Mansion Global

One of Tennessee's Largest Homes Heads to Auction
Mansion Global
A sprawling Tennessee mansion that's also listed on the market for nearly $6 million is headed under the hammer next month with no reserve price. Villa Vista will be auctioned on Dec. 8, and is one of the largest homes in Knoxville, according to Randy ...


The highest sales rate was for properties that were auctioned on site, with almost half changing hands - Interest.co.nz

Interest.co.nz

The highest sales rate was for properties that were auctioned on site, with almost half changing hands
Interest.co.nz
Barfoot & Thompson achieved sales on just over a quarter of the properties it marketed for sale by auction last week. The real estate agency, which is the largest in the Auckland region, marketed 151 properties for sale by auction and achieved ...


Tam O'Shanter auction: Beer carts, 15000 golf balls and more - Massillon Independent

Massillon Independent

Tam O'Shanter auction: Beer carts, 15000 golf balls and more
Massillon Independent
JACKSON TWP. The final round was played; the last beer drank; and the end is near for Tam O' Shanter Golf Course. Players still stuck in the “bargaining” stage of the classic five stages of grief will get another opportunity this week to visit the ...


Tam O'Shanter auction: Beer carts, 15000 golf balls and more - Canton Repository

Canton Repository

Tam O'Shanter auction: Beer carts, 15000 golf balls and more
Canton Repository
JACKSON TWP. The final round was played; the last beer drank; and the end is near for Tam O' Shanter Golf Course. Players still stuck in the “bargaining” stage of the classic five stages of grief will get another opportunity this week to visit the ...

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Blue Eyes special: Frank, Barbara Sinatra auction upcoming - Arizona Daily Star

Arizona Daily Star

Blue Eyes special: Frank, Barbara Sinatra auction upcoming
Arizona Daily Star
This image provided by Sotheby's shows a copy of “From Here to Eternity,” in which Frank Sinatra won an Academy Award, and is part of more than 200 item belonging to Frank and Barbara Sinatra going up for auction. Sotheby's on Monday, Nov. 12, 2018 ...

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Auction Date Approaches for 335-Acre Equestrian Estate in Central New York - Markets Insider

Auction Date Approaches for 335-Acre Equestrian Estate in Central New York
Markets Insider
COOPERSTOWN, N.Y., Nov. 12, 2018 /PRNewswire/ -- This Saturday, 335 acres in central New York will be offered for sale at a live auction. The large-acreage, equestrian property is located in the village of Fly Creek, just outside of Cooperstown, NY.

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Update: Two live auctions for trips, celebrity guitars and more during Nov. 16 Tip a Cop fundraiser - MLT News

MLT News

Update: Two live auctions for trips, celebrity guitars and more during Nov. 16 Tip a Cop fundraiser
MLT News
Seaun Richards, president of the Cheeseburger Babies Foundation that is sponsoring the event, notes that there will be two live auctions – at 12:30 p.m. and 6:30 p.m. — that includes a trip to Las Vegas, a trip to Mexico, signed celebrity guitars ...

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