Online auctions
This presentation is the property of its rightful owner.
Sponsored Links
1 / 9

Online Auctions PowerPoint PPT Presentation


  • 81 Views
  • Uploaded on
  • Presentation posted in: General

Online Auctions. Benefits of Online Auctions. No start up costs; it’s free to register as a buyer or seller – all you need is a credit card to confirm your identity. Simple user-friendly set up means that you are ready to start selling within minutes.

Download Presentation

Online Auctions

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Online auctions

Online Auctions


Benefits of online auctions

Benefits of Online Auctions

No start up costs; it’s free to register as a buyer or seller – all you need is a credit card to confirm your identity.

Simple user-friendly set up means that you are ready to start selling within minutes.

Pre-defined categories make it easy for you to list your product and target it to a ready-made customer base.


Benefits of online auctions cont

Benefits of Online Auctions Cont.

Showcase your products 24/7/365 and make money whilst you sleep!

Expands your local market to an international customer base of millions.

Flexible - work from home, or anywhere with access to a computer.


Benefits of online auctions cont1

Benefits of Online Auctions Cont

No risk – payment clears before despatch so there are no bad debts.

Provides a shop window for your products without the need for additional expensive software or merchant account facilities.


Increased profitability

Increased Profitability

No packaging and delivery costs – postage and packaging are paid by the customer.

No overheads other than the cost of your internet connection and, in some auctions, a small fee based on the value of the item sold.

Test market your product pricing.


Increased profitability contd

Increased Profitability Contd.

Clear excess or discontinued products.

Free advertising and increased traffic by including a link to your website.

Make a business out of selling products for other people and charging a commission.

By selling at auction you can sometimes secure a higher price for your product.


Tips for successful selling

Tips for Successful Selling

Describe the goods as fully as possible.

Set a low starting bid to generate more interest.

Set a reserve price to ensure you don’t lose money!

Make sure you list the item in the correct category.


More tips for successful selling

More Tips for Successful Selling

Use a picture to enhance your listing.

Accept as many different forms of payment as possible.

Respond to email promptly and courteously.

Look after your customers.


Useful web resources

Useful Web Resources

eBayAuctionswww.ebay.com

YahooAuctionswww.yahoo.com

QXLAuctionswww.qxl.com

PayPalCredit Card US$www.paypal.com

NochexDebit Card UK£www.nochex.com


  • Login