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Are you planning to sell on eBay? Or have you tried in the past but not had much success with your online auctions? If so, here's a strategy that has worked very well for me.
In my experience, the auction lots where I created a useful collection of related items got more bids and closed at higher prices than auction lots that were all one thing.
For example, instead of listing an auction lot of a simple strand of rose quartz oval shape beads, why not create an auction lot of a neat little "designer collection" of beads?
In this case, you could group some of those rose quartz oval beads with garnet rondells and freshwater pearl beads. These three stones work really well together, and this auction allows the winning bidder to have a lot more creative fun than he or she would with a group of all the same kind of bead.
Combo auction lots like this tend to be more valuable and useful to bidders. In a single auction and for one shipping price, they can get a variety of items instead of just one.
Another advantage of making combined auction lots is that your auction listings will contain more keywords that are being searched for by a much bigger group of bidders. For example, our designer bead collection auction could be found by bidders searching for rose quartz beads, bidders searching for garnet beads, and bidders searching for freshwater pearl beads.
That's a significantly larger group than just bidders searching for rose quartz beads. And a good portion of bidders from all three keyword searches will be watching and considering your designer bead collection auction.
Now here's where it gets really good:
Not only do you have a higher demand for your combo auction lots - you also don't really have any competition for the exact auction lot you're offering. Other sellers might offer rose quartz ovals, or garnet rondells, or freshwater pearl beads - but not all three together in one temptingly color-coordinated auction lot. If a bidder wants this bead combination, your auction is the only one available to bid on.
So according to Economics 101,
high demand + low supply = higher closing price.
You can make tempting kits or package deals of other auction lots no matter what your niche is. Here are a few ideas:
* assorted colors of polymer clay plus some basic clay tools
* inkjet cartridges plus two packs of fancy printer paper
* padded shipping envelopes plus tape
* scrapbooking pens, stickers, and a paper cutting tool
To bidders, these combination auction lots are much more appealing and valuable. If you're a regular seller of combo auction lots, you'll quickly gain a following of eBay buyers who always check your current auctions to see what irresistible new combinations you have available.
Writer and jewelry artist Rena Klingenberg publishes jewelry marketing secrets several times a week in http://www.jewelry-business-blog.com. You'll also find wisdom from eBay experts in her site's collection of eBay success tips: http://www.home-jewelry-business-success-tips.com/sell-jewelry-on-eBay.html.
Tea prices fall on subdued demand at Kochi auctions
The Hindu BusinessLine
A subdued demand from blenders impacted tea prices at Kochi auctions this week with several varieties seeing drop in rates. The market for good liquoring teas in CTC dust was irregular and lower by ₹2-3 and sometimes more, following quality. Medium and ...
Clare County Livestock Auction, LLC. Sale every Monday at 3 p.m.. Oct. 15 results: advertisement. Choice colored steers, $95 to $105; choice colored heifers, $90 to $104; good colored steers and heifers, $80 to $100; choice Holstein steers, $65 to $92 ...
Virgin Islands Daily News
IG report: Lt. Governor's Office added thousands in fees to property sales to cover ad losses
Virgin Islands Daily News
In attempting to recoup nearly $300,000 lost in advertising for a dozen property tax auctions that reaped only $20,000, the Lt. Governor's Office artificially inflated dozens of subsequent transactions that resulted in thousands of dollars in improper ...
'It's rare': Why two North Melbourne auctions had five bidders each in a weak market
When vendor Liz Aird saw the roses in bloom in front of her mother's former North Melbourne home on Saturday, she took it as a favourable omen for the auction to come. The terrace at 487 Dryburgh Street had been in the family for close to 50 years and ...
The Indian Express
Royal Challengers Bangalore sell Quinton de Kock to Mumbai Indians in first IPL player tradeoff
The Indian Express
RCB, who bought de Kock for Rs 2.8 crore at the 2018 auctions, have sold him to Mumbai at the same price. To offset the deal, Mumbai have released Bangladesh seamer Mustafizur Rahman, who was bought for Rs 2.2 crore at the 2018 auctions and Sri ...
BigIron Realty seeing business boom with online land auctions
The business, once known as Stock Realty and Auction Co., years ago branched out into the web space and has become a powerhouse in several areas, such as for those interested in buying and selling farmlands. BigIron has rapidly grown in part thanks to ...
Auctions and fairs: what's coming up in art and antiques
West Cork Country House Auction, Sunday, October 21st, 4pm. To include collections from two large private houses – Simla in Passage West, the home of the Roberts family for almost 100 years. and Milton in Bandon, a period home dating from around 1810.
IPL 12 Auctions Likely to be Held on December 16: Report
IPL 12 Auction: The cash-rich Indian Premier League auctions are slated to take place later this year according to an ESPN Cricinfo report. The IPL 12 auctions are set to take place in Goa if the report is to be believed. The auctions usually take ...
NHA auctions nine vehicles for Rs13.7m
ABBOTTABAD: The National Highway Authority auctioned its nine vehicles here on Friday fetching Rs13.7 million. The auction was held at the NHA general manager's office and was supervised by senior officials of the authority. The officials said the ...
NHA Abbottabad auctions nine vehicles
Our Correspondent. Abbottabad. Following the Prime Minister Imran Khan's austerity drive regional office National Highway Authority (NHA) Abbottabad on Friday auctioned off 9 different vehicles worth Rs 14 million. The reserve price of the nine ...
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