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Ten Sure Fire Ways To Lose Bidders


The way some auction sellers approach their auctions, it's clear there are as many ways to lose bidders as there are to skin a cat. If you spend enough time in the auctions you'll see a lot of basic mistakes, but the question remains: why do so many people consistently make the same mistakes over and over again. Is it that they are just placing auctions for the fun of it - without expecting to sell the item- probably not!

Here's our top ten sure fire ways to lose bidders (in no particular order):

Weak Headlines
Bad Photographs
Short, Sloppy or Excessive Descriptions
Unreasonable Terms
No Shipping Amounts
Lack of Response to Emails
Unrealistic Reserve Price
Low Feedback Rating
No Condition Information
Bad Start/Closing Time

Let's look at each one in a little more detail and see if you're making the same mistakes.

Weak Headlines
A recent auction was for a "Blue Antique Chair". This seller obviously didn't want many bidders to look at the auction. By adding some specificity to the headline a much stronger draw is accomplished. How about "RARE Victorian Wingback Chair"? Now if a bidder uses the search capability on eBay and they look for any of three key words: chair, wingback, Victorian, the auction will show up. Always use your popular word search tools to draw bidders.

Bad Photographs
With the popularity of digital cameras increasing, capturing your auction item has never been easier. Some tips are to be sure the item is lit well enough to show key details and/or any imperfections. Also, keep the size of your photos to a reasonable level so your auction doesn't take too long to load.

Short, Sloppy or Excessive Descriptions
Not enough information - tons of typographical errors- or a rambling discourse on why your wife is making you sell your item is a good way to lose bidders. Be succinct but provide enough information to describe the item sufficiently and create buyer interest.

Unreasonable Terms
Have you ever seen an auction where the seller states something like "We're not responsible for items once shipped" or "Item sold as is" - without a clear description of the item's condition? Remember if you want to increase the number of bids you receive or get your bidders to buy from you again, you need to focus on basic customer service.

No Shipping Amounts
Not clearly stating your shipping amounts up front prevents bidders from comparative shopping. State all buyer expenses clearly.

Lack of Response to Emails
Responding to emails takes time. Not doing so loses bidders. Return all emails as quickly as possible.

Unrealistic Reserve Price
Are you overpricing your items and then wondering why they're not selling? Do your research and determine competitive prices before placing your auctions.

Low Feedback Rating
If you don't care your potential bidders will disappear. Work on your Feedback Rating by meeting your commitments and providing great customer service.

No Condition Information
By providing a clear description of the item and its condition, with supporting photos, you maximize the potential of your actions.

Bad Start/Closing Time
Start an auction so it closes on a time or day that is inconsistent with your bidder's profile (e.g. commercial buyers who bid at work or parents who aren't available during work hours) will result in fewer bids.

Making sure you don't make these few mistakes will improve the number of bids your auctions receive.

© Copyright 2005 Steven Woodward - All Rights Reserved

About the Author:
Steven Woodward is the owner, editor and publisher of the Auction Sellers Network (ASN); a web site for individuals and companies who are serious about utilizing the online auction marketplace for their business. In addition to topical articles, ASN provides an extensive resource center, news feeds, member forums and classified ads. For more information or to become a member please visit http://www.AuctionSellersNetwork.com

No permission is needed to reproduce an unedited copy of this article as long the About the Author tag is left intact and included. We do request that we be informed where it is posted and reciprocal links will be considered.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Thu. February / 09 / 2012


Elizabeth Taylor auctions raise $183 million
Huffington Post
Christie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...

and more »


Elizabeth Taylor auctions raise $183 million
The Associated Press
Christie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...

and more »


Elizabeth Taylor auctions raise $183 million
San Jose Mercury News
Christie's auction house says all of the 1817 lots offered sold at auctions in New York and London, some at 50 times their pre-sale estimates. The top lot was Vincent van Gogh's landscape "Vue de l'asile et de la Chapelle de Remy," which once hung in ...

and more »


Andhra Pradesh Govt to Review Excise Policy
Outlook
"The next round of auctions is due in June. So we should have a new policy in place before that," the Minister added. "Syndicates are neither new nor restricted to liquor trade alone. Syndicates exist in sand and other businesses as well," Mopidevi ...

and more »


BBC News

Miro work fails to sell at London auction
BBC News
A 1933 work by the Spanish artist Joan Miro failed to sell on Wednesday in a week that has seen other pieces sold for record prices at London auctions. Miro's Peinture had been valued between £7m and £10m but went unsold at the Sotheby's event.

and more »


Surprisingly weak demand for Hungarian bonds at auctions
portfolio.hu
Hungary's Government Debt Management Agency (ÁKK) has received HUF 62.2 billion worth of bids from primary dealers on a HUF 43 bn lot of bonds and in response to the muted demand it sold only HUF 40 bn worth of debt at auctions on Thursday.



3G.co.uk

HTC Launches First 4G LTE Smartphone in Europe
3G.co.uk
Vodafone in Germany are just getting ready to launch their 4G network, but in the UK the 4G auctions are yet to even take place. The HTC Velocity, which is similar to the HTC Vivid LTE that launched in the US, should be released in the next few weeks ...

and more »


KeyDrive Acquires Moniker and SnapNames
Business Wire (press release)
... investments Key-Systems®, Moniker® and SnapNames® offer a complete suite of domain name products and services worldwide including access to over 300 domain name extensions, full-serve brokerage, live and online auctions and monetization services.

and more »


LEAP event supports literacy
KPCnews.com
Tickets for Saturday's event cost $50 per person and include food and beverage tasting, live entertainment by Dan Heath with the Paradise Band, along with the chance to bid on gift items at two auctions. The evening will feature a variety of food ...



After kickbacks row, AP proceeds to review excise policy
IBNLive.com
"The current system of auction (of liquor shops) is flawed. It needs to be revised...we are on the job," Mopidevi told newsmen here today. A team of senior Excise Department officials visited Tamil Nadu recently to study the excise policy in vogue ...

and more »

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