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You are here: Home / Blog / Earn Extra Income – Sell Through Online Auction

Earn Extra Income – Sell Through Online Auction

Online auctions are a simple and effective way to reach a large number of shoppers. Unlike outdoor markets or physical shops, online auctions are not limited to set hours or a specific location. Bidders can participate regardless of their commitments throughout the day. Many shoppers find online auctions a convenient and affordable way to shop.

Tips For Listing Lots For Sale Through Online Auction

While creating an online auction can be done quite quickly, it’s important not to rush. Taking your time helps ensure your listings are as complete and effective as possible.

Research

Before listing anything for sale, it’s important to research how much others are selling the specific item for. Many people come to online auctions to save money. Start your bidding low and let the auction progress from there. The more people that bid on a lot, the higher the price will get.

Title and Description

Bidders will decide if they want to bid on an item based on the pictures, title, and description. Make sure to choose a title that draws people in and describes the item accurately. Make the description as detailed as possible and include any relevant information about rare or hard to find items.

Images

The images are the most important part of listing lots for sale in an online auction. This is the first impression bidders get of your items. Make sure the images used show an accurate representation of the lot. It’s important to use good quality images that look good even when enlarged on a screen.

How It Works

Selling through online auction is easy with Lots Of Auctions. Sellers can apply on our website. Once we receive your application, a representative will contact you to discuss your options and to get a better idea of your goals.

Sellers can choose the items they list, the pictures they use, the start and end date and time of the auction, and the pick-up location. Many sellers choose to have a warehouse or other facility where bidders can pick-up their lots after the auction ends. This helps avoid shipping costs and provides a much more convenient and affordable option for bidders.

Please visit our FAQ for more information about selling through our online auctions.

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