Online Auctions and Liquidations

Missouri auction

The Excitement of Online Auctions

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Most people consider themselves reasonable and not easily caught up in gambling situations. Yet all that seems to go out the window when participating in online auctions. There’s nothing quite like the thrill and excitement that takes over as the clock ticks down and you compete with other bidders to get what you want.  Unlike other types of gambling, winning bidders end up with quality products at a fraction of their regular price.

Benefits of Online Auctions

Online auctions provide an exciting way for shoppers to get the things they want and need for less. Bidding typically starts low, and bidders only have to commit to what they can afford. These amounts are typically much lower than retail value. This is part of the draw of these kinds of auctions.

Bidding online is much more convenient than in-person auctions. Instead of being present at a specific time and place, bidders can log-in from their smart phone or other device to place bids. Bidding takes place both day and night, allowing the bidder to participate when it’s most convenient to them. Many bidders place bids during their lunch break or after work.

Although bidders are encouraged to remain online at the end of the auction, this isn’t required. The auction platform sends email alerts to the bidder each time they get outbid. This helps ensure everyone gets a fair chance to bid on the items they want.

Not All Auction Platforms Are Created Equal

When choosing an auction platform, it’s important to look for an auction company that offers a large selection of items. It’s also important to look for a company close to your home or office. Many online auction platforms require you to pick-up your winnings after the auction closes. This saves money and avoids issues with shipping delays.

Make sure the auction company offers returns. This helps ensure you don’t end up with something that doesn’t work.

Online Auctions Done Right

Lots Of Auctions offers online auctions with convenient pick-up in Denton, Dallas, and Haltom, Texas and Cape Girardeau, Missouri. Bidders can register for free and place as many bids as they like. Bidders only pay for the auctions they win.

For more information about our online auctions, please visit our FAQ.

 

 

Best Ways to Buy Home Goods in 2022

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A lot has changed over the past two years. From the way people interact to the way consumers shop, it seems like everything is a little different nowadays. When it comes to shopping, product shortages and shipping delays have made it extremely difficult for consumers to get the things they want and need.

Ecommerce Stores

While shopping online provided an excellent option in the past, this isn’t always the case anymore. Many products remain unavailable and consumers are often frustrated to find their order has been cancelled. Even orders that go through can take weeks to arrive. It’s clear that consumers need a better way to shop.

Retail Stores

Visiting your local big box or department store might end in frustration as well. These stores are often crowded and its not uncommon to find many popular products sold out. Consumers may end up visiting several different stores in an effort to find what they need. This wastes a considerable amount of time and money.

Online Auction

Shopping through online auction has become extremely popular over the past few years. These auctions allow shoppers to get exactly what they need at a lower cost than possible in-store. Choosing a local auction company ensures consumers get their items fast, without having to deal with additional shipping costs or delays. Winning bidders can simply pick-up their items after the auction closes.

Shopping for Home Goods Through Online Auction

Online auction platforms like Lots Of Auctions include a large selection of home goods and appliances. Bidding starts at just $5 and winning bidders can pick-up their items immediately after the auction closes. These auctions save time, money, and issues associated with product shortages and shipping delays.

The items offered through Lots Of Auctions include customer returns, overstock, and out of season merchandise. The home goods available include name brand products, many in their original packaging. Bidding takes place entirely online, allowing bidders to participate when it’s convenient to them. Bidders can place as many bids as they want – they pay nothing unless they win the auction.

Interested in giving it a try? Click here to register to bid.

Product Shortages Continue in U.S.

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Product shortages continue to make it difficult for consumers to get the things they want and need. Despite efforts to get more product into the country, worker shortages and absences due to COVID-19 have led to empty shelves in many states. Even when stores are able to stock their shelves, popular items sell out fast and restocking simply isn’t an option.

It’s not uncommon for several stores to have the same product shortages. Shopping online doesn’t provide much relief either. Many ecommerce stores do not have the inventory needed to fulfill orders. When online orders go through, shipping delays create additional problems. It can take weeks to get popular products.

Shopping Through Online Auction Provides a Cost-Effective Alternative to Visiting the Store

Shopping through online auction allows consumers to get the things they want and need when they need them. Bidding starts low and winning bidders can get name brand products at a fraction of their MSRP value. Because many online auction companies offer local pick-up, bidders can pick-up their items immediately after the auction closes. This saves money and helps shoppers avoid shipping delays.

Bidders that participate in online auctions can choose from a wide range of items and categories. Many of the items offered through online auction are typically sold in retail stores around the country. These auctions provide an opportunity for shoppers to get the things they want without waiting for stores to restock their shelves.

Most of the items offered through online auction are customer returns or overstock product from big box stores. This product is “like new” or only gently used. Many items come in their original packing with instruction manuals included.

Choosing an Auction Platform

When searching for an online auction company, it’s important to choose a company with an easy-to-use auction platform. Before registering to bid, explore the website to see available items and the type of support that’s offered. Features like Live Chat on the website allow you to communicate instantly with the company. It’s also important to find an auction company that accepts returns of items that don’t meet your expectations.

Lots Of Auctions offers daily auctions in Denton, Dallas, and Haltom, Texas as well as Cape Girardeau, Missouri. Our online auction platform is easy to use and bidding starts at only $5.

To view our auctions, please select your location in the “Live Auctions” menu at the top of this webpage. Click “BID NOW” on the auction to view all available items. Please contact us for more information about our online auctions.

Find the Perfect Valentine’s Day Gift – Shop Our Online Auction

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Love is in the air and shoppers everywhere are looking for the perfect gift. Although many people believe they must spend a lot to please their loved ones, this isn’t realistic or practical. Spending a lot on Valentine’s Day can have a negative impact on your future financial health. This is especially true if you pay for your Valentine’s gift with a credit card. No one wants to spend years paying for one gift. Fortunately, shoppers have other options.

Valentine’s Day Gifts Available Through Online Auction

Shopping through online auction allows you to get high value gifts at a fraction of the price of buying brand new. Many of the gifts offered for sale through online auction are name brand products. Bidding starts low and bidders can choose from a wide range of items. In addition to home goods and kitchen appliances, many online auction websites offer name brand electronics, health and beauty supplies, apparel, accessories, and more.

Choosing an auction company close to your home or office saves money on shipping costs as well. Winning bidders can simply pick-up their gifts immediately after the auction closes. This means no chance of shipping delays or lost packages.

Online auctions provide a convenient and exciting way to shop for quality gifts. Bidders get the opportunity to compete against each other. Many people find online auctions more enjoyable than shopping at busy malls or department stores. Shopping local online auctions allows bidders to support local businesses. This benefits the entire community.

How It Works

Shopping for gifts through Lots of Auctions is easy. After registering to bid, bidders can view available items in each auction by clicking “BID NOW” on the auction. We currently offer auctions in Denton, Dallas, and Haltom, Texas and Cape Girardeau, Missouri. New auctions start every weekday, and there’s always something new to look at.

Anyone looking to get the perfect Valentine’s Day gift can benefit from shopping online auctions first. Please click here for more information about our online auction platform.

 

7 Benefits of Online Auctions for Sellers

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Resellers have many options when it comes to selling their products online. While some resellers choose to offer their products through ecommerce websites, many find this option time consuming and inefficient. It takes a lot of time and effort to create a website that people will visit. Selling on popular websites like Amazon provides some benefits, but competition is fierce. Resellers wishing to stand out above the competition must offer their products at deeply discounted prices.

Online auctions provide an excellent option for resellers looking to sell their products online. These auctions take place both day and night, making it possible for bidders to participate when it’s convenient for them.

Let’s take a look at the top 7 benefits of online auctions for resellers.

Reach More Buyers

Online auctions allow sellers to reach a large number of people in a short amount of time. Because bidding takes place entirely online, consumers can participate when they’re available. This makes online auctions a more accessible option than other forms of shopping.

Convenience

Bidders can place bids from any device that connects to the Internet. Sellers can check the status of their auction from a smart phone or other device.

Instant Engagement

Bidders can click a link in an email or social media post and go directly to bidding. This increases the chance that bidders remember and participate in online auctions.

Sellers Don’t Have to Move Product

Unlike in-person auctions and open-air markets, online auction sellers do not need to move their product from one location to another. After the auction closes, winning bidders simply pick-up their items directly from the reseller.

Increased Control Over Selling

When listing products in online auctions, sellers can choose how long the auction will run and the description for each item. This allows sellers to create an auction that fits their schedule and needs.

Reduced On-Site Activity

Sellers can choose the dates and times of pick-up. Limiting pick-up to appointment only helps keep on-site activity to a minimum.

Increased Exposure

Online auctions make it possible for sellers to reach people living around the world. The more people reached, the greater the chance of sales, repeat business, and referrals.

Online Auction Platform

Lots of Auctions is an exciting online auction platform. Auctions take place daily and bidders can choose from a variety of categories. Please click here to apply to sell with Lots of Auctions.

 

 

 

Understanding the Different Types of Online Auctions

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As more people use the internet to shop and connect with others, the popularity of online auctions grows by leaps and bounds. Online auctions allow consumers to obtain the things they need at deeply discounted prices. Unlike in-person auctions, bidding takes place entirely online. This makes it possible for bidders to participate when it’s convenient for them.

Learning about the different types of online auctions can help bidders understand which style best fits their needs and budget. Below, we discuss the three most common types of online auctions.

English Auctions

English auctions are the most common type of online auction. During an English auction, an auction company puts one item up for auction at a time. As bidders place their bids, the cost of the item goes up. The auction ends when no one can outbid the highest bidder.

This type of auction is easy to follow. Bidders can clearly see the bid that’s been made before them. Depending on the online auction platform, bidders may have the opportunity to allow the system to bid on their behalf up to a “maximum bid” amount. These platforms notify bidders once they’ve been outbid. The bidder can then decide to increase their maximum bid or allow someone else to win the auction.

Reverse Auctions

During a reverse auction, multiple sellers attempt to provide their item to a single buyer. Instead of trying to get the highest price for the item offered, bidding sellers offer the lowest price possible. The buyer purchases the item from the seller with the best price.

Reverse auctions are typically used for business transactions.

Dutch Auctions

Similar to reverse auctions, Dutch auctions start with a high opening bid that reduces as the auction progresses. Unlike reverse auctions, only one seller participates in a Dutch auction. Start-ups often use this type of auction to attract investors.

Online Auction Platform

Lots of Auctions offers online auctions in Denton, Texas, Fort Worth, Texas, and Cape Girardeau, Missouri. Our auctions follow an English auction style. Auctions start regularly and bidders can choose from a variety of categories. Please click here to register to bid.

 

 

Top Online Auction Tips

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Online auctions allow consumers to obtain high quality furniture, electronics, and more at deeply discounted prices. Unlike in-person auctions, which require bidders to visit a physical location to participate, online auctions take place entirely online. Bidders can view items and place their bids at any time of the day or night from any device that connects to the internet.

Bidders in online auctions often wonder what they can do to improve their chance of success. Although there’s no guarantee of winning every auction, there are a few things bidders can do to increase their odds of winning.

Research

Before deciding how much to bid, it’s important that bidders research the items they’re interested in. For example, bidders interested in kitchen appliances should check the sale price of these items at their local retail store. If possible, bidders should view the appliances in person to make sure they fully understand the features and size. This helps prevent overspending and ensures bidders are not disappointed with their items once they win the auction.

Set a Realistic Budget

Online auctions provide an exciting opportunity for bidders. It’s easy to get caught up in the thrill of bidding. However, bidders should take care not to overspend on the items they want. It’s a good idea to set a realistic budget before participating in online auctions. Bidders should consider the maximum amount they’re willing to spend on each item before bidding.

Bid with Confidence

Auctions move quickly. This is true for both online auctions and in-person auctions. If bidders see something they’re sure they want, it’s best way to bid quickly and without hesitation.

Enjoy Yourself

Participating in online auctions should be an enjoyable experience. Many bidders enjoy the thrill and excitement of competing against other bidders online. Instead of focusing on what could go wrong, bidders should stay positive and bid with confidence.

Lots of Auctions offers online auctions in Texas and Missouri. Bidders can choose from multiple categories and new auctions start regularly. Registering to bid is free and easy and bidders pay nothing unless they win the auction.