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Net Auctions and Auction Information |
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Smart Ways Your Business Can Benefit From Online Auctions
It seems as if everyone is talking about online auctions. And why not. There are thousands of online auctions on the internet with more popping up everyday. People love them because they can usually find great bargains. Businesses are now also seeing the benefits of online auctions. Below are five ways your business can benefit from online auctions. 1. Get Rid Of Excess Inventory You could sell your excess or discontinued products at an online auction. Your unsold inventory is doing you no good sitting around, collecting dust. It's an effective way to make extra income and it won't be a total loss for your business. You could even get lucky and make a profit depending on how much people will bid for your excess inventory. 2. Test Pricing For New Products An easy way to test new product prices is to see what people will bid for them at an online auction. First, sell your product at three different online auctions. Next, calculate the average selling bid from all three auctions and that will be your selling price for your new product. 3. Sell Your Products You can get your product in front of a large audience by selling it at an online auction. Some of the bigger auction sites draw over millions of hits a year. The key to being successful is to sell your product at multiple online auctions at the same time. Let's say you sold one product a day from just one auction site. If you sell your product at one hundred online auction sites that would be one hundred sales a day! 4. Start Your Own Online Auction Drive traffic to your web site by starting your own online auction. People will visit your web site to find bargains and to sell their own products. You will get plenty of repeat visitors from people rebidding on products and adding new products to sell. You could also charge other businesses to advertise on your web site. 5. Lower Your Business Costs You can find lower prices on business supplies and equipment at online auctions. I'm not saying all the time, but before you go pay retail for a new printer try bidding on one first. A company may be selling them at a lower price at an online auction because they have excess inventory. ---------------------------------------------------------
MORE RESOURCES: Scottie Pippen’s collection, including Michael Jordan’s ‘Dream Team’ sneakers, going to auction The New York Times Rembrandt’s Young Lion Resting Fetches $18 Million at Auction Galerie Magazine Hamilton County to auction bar stools, beer taps from Paycor Stadium Cincinnati Enquirer Progressive's former campus appears to sell at auction — with low price - Crain's Cleveland Business Progressive's former campus appears to sell at auction — with low price Crain's Cleveland Business Palisades Center goes for $175M at foreclosure auction. Who bought it? The Journal News | lohud.com Rare 15th-century prayer book looted by Nazis expected to fetch millions at auction The Times of Israel Storage Auctions Columbia Star Pink Jersey Auction Live; Raising Funds for Dakota Hospital Foundation University of South Dakota Athletics From Handmade Furniture to White House Mementos: Carter Items Go to Auction Georgia Public Broadcasting Billionaire Tom Kaplan Auctions Rare Rembrandt Lion Drawing for $18M to Help Save the Animal it Depicts Good News Network Colombia brings back renewable energy auctions: Will projects finally reach operation? Strategic Energy Europe Grace Cottage plans auction The Deerfield Valley News | Palmstreet Brings Back the Real Auction Experience for Fashion, Collectibles, and Lifestyle Sellers With Two Modern Formats: Live-Stream Auctions + Long-Form Auctions Yahoo Finance Singapore 25 W. 45th St. sells for $45.1M at foreclosure auction Crain's New York Business Rare Michelangelo Study for the Sistine Chapel, Newly Discovered by Christie's, Sells for $27.2M, An Artist Record at Auction Christie's - Press center Wine festival's online auction raises over $1 million Gulfshore Business Babe Ruth rookie, high-end basketball cards headline Goldin Winter 100 Auction Sports Collectors Digest Rare Whiskey Auction will support Longmont-area causes Saturday Longmont Times-Call Closed Norfolk bakery auctions off supplies 13newsnow.com PSA Vault Spotlight Auction To End With Star-Studded Final Hour on eBay Live Sports Illustrated 1984 Star Michael Jordan card sets record in $7M auction at Memory Lane Sports Collectors Digest Boosters seek auction items, sponsorships SSentinel.com Bonhams Car Week auction to move from The Quail to WeatherTech Raceway Laguna Seca. Monterey County Weekly Online Auction-Inspired Marketplaces Trend Hunter Palisades Center shopping mall sells for $175M at auction Westfair Communications Palisades Center Mall sold in court foreclosure auction. What we know - The Journal News | lohud.com Palisades Center Mall sold in court foreclosure auction. What we know The Journal News | lohud.com Developer wins auction bidding war for Buckeye land ABC15 Arizona Bonhams Monterey Car Week sale moves from Quail to Laguna Seca for 2026 magnetomagazine.com Lumber Exchange building in downtown Minneapolis heads to auction Finance & Commerce 2026 Paris auctions: Records fall, but older Ferraris and pre-war cars struggle magnetomagazine.com The Guardian Apartment Building Foreclosure Auction Set for Feb. 26 Source of the Spring Helping Hand Radio Auction Now At $130,073 Radio NWTN Final Howard Miller Company auction concludes century of craftsmanship Woodworking Network Groundbreaking Vega Expedition Polar Archive to Auction Fine Books Magazine One of the nation’s largest malls is purchased at auction Chain Store Age Can't Miss Deals at Turbo Auctions firstcoastnews.com Minden St. Jude Auction begins today with full weekend of events Minden Press-Herald Clars Starts The New Year Strong With Gallery Auction Antiques And The Arts Weekly GDL: The Inaugural Kentucky Bourbon Country Auction & Celebration is Happening Feb. 13-15 whas11.com 91-Year-Old Woman Hoped to Sell the Crock on Her Back Porch for $300. It Got $32K at Auction TODAY.com NFL Hall-of-Fame auctions FOX 5 DC Christie’s auctions ‘last two’ Karuizawa casks The Spirits Business Orleans County NY Tax Foreclosure Auction February 17 The National Law Review Get Ready for a Taste of Danville History at the Peer Court Auction! Vermilion County First Bourbon with a Mission: The Inaugural Kentucky Bourbon Country Auction Hits Louisville Food & Beverage Magazine Bid on surplus: Florida Auction Network’s upcoming auctions mypanhandle.com Must Read: How Creators Can Avoid Being Replaced by AI, Fashion Auctions Are Drawing in Younger Consumers Fashionista 100 Hottest Cooper Flagg Card Auctions as Mavs Young Star Takes Over Sports Collectors Daily New auction hopes to highlight ‘best of the best’ in Kentucky bourbon Lexington Herald Leader Palisades Center Mall foreclosure auction goes for $175 million News12 | Westchester Carrollton school land set for auction Feb. 10 at 5 p.m. Your Ohio News 2026 Mecum Motorcycle Auction Recap Cycle News Bonhams|Cars moves auction after 29 years to historic Laguna Seca track The Business Journals America’s Auto Auction welcomes Hallowell to serve in newly expanded executive position Auto Remarketing 1929 Scottsbluff Vintage Fire Engine Auction Wyoming News Now City of Springfield announces successful Public Auction results Springfield-MA.gov Under new landlord, China Garden remains open for business following auction of property The Laconia Daily Sun |
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