According to the National Retail Federation, U.S. shoppers will spend $37 billion this back-to-school season. With inflation at an all-time high, consumers will likely spend over $500 each on school-related purchases this year. Shoppers looking to save money may want to look for new ways to shop.
Shopping through online auction provides many benefits. Bidding often starts low and bidders have the opportunity to get a wide range of items well below their retail value. Although shoppers can get just about anything through online auction, the following might be especially useful this time of year.
Dorm Furniture
Incoming freshman can save on dorm furniture by shopping through online auction. Auction companies like Lots of Auctions offer a large selection of furniture including office chairs, desks, small beds, storage units, TV stands, and more. Shopping through online auction ensures the lowest price, regardless of type of furniture or brand name. It’s not uncommon for shoppers to get pieces worth over $100 for less than $30.
Electronics
Electronic devices are one of the largest expenses during back-to-school season. From tablets and laptops to scientific calculators and headphones, the cost of electronics can add up extremely fast. Shopping for electronics and electronic accessories through online auction can save shoppers a considerable amount of money. At Lots of Auctions, our Electronics Auction is one of our most popular auctions year-round.
Office Supplies
Students can stock-up on office supplies for less when they shop through online auction. Office supplies typically found in these types of auctions include printers, toner, office furniture, and more.
Choosing an Online Auction Company
It’s important that shoppers do their research before choosing an auction company to buy from. Look for an auction company that offers a wide range of items. The website should be easy to use and bidders shouldn’t have to pay a fee to register to bid. It’s also important to make sure you understand where you need to go to pick-up your items after the auction.
Lots of Auctions features online auctions in Denton, Dallas, and Fort Worth, Texas. New auctions start daily and bidding starts at just $5 for most items. Click here for more information about our auctions.
Tips For Selling In Online Auctions