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Selling on eBay? Heres a Success Tip for Your Online Auctions

Are you planning to sell on eBay? Or have you tried in the past but not had much success with your online auctions? If so, here's a strategy that has worked very well for me.

In my experience, the auction lots where I created a useful collection of related items got more bids and closed at higher prices than auction lots that were all one thing.

For example, instead of listing an auction lot of a simple strand of rose quartz oval shape beads, why not create an auction lot of a neat little "designer collection" of beads?

In this case, you could group some of those rose quartz oval beads with garnet rondells and freshwater pearl beads. These three stones work really well together, and this auction allows the winning bidder to have a lot more creative fun than he or she would with a group of all the same kind of bead.

Combo auction lots like this tend to be more valuable and useful to bidders. In a single auction and for one shipping price, they can get a variety of items instead of just one.

Another advantage of making combined auction lots is that your auction listings will contain more keywords that are being searched for by a much bigger group of bidders. For example, our designer bead collection auction could be found by bidders searching for rose quartz beads, bidders searching for garnet beads, and bidders searching for freshwater pearl beads.

That's a significantly larger group than just bidders searching for rose quartz beads. And a good portion of bidders from all three keyword searches will be watching and considering your designer bead collection auction.

Now here's where it gets really good:

Not only do you have a higher demand for your combo auction lots - you also don't really have any competition for the exact auction lot you're offering. Other sellers might offer rose quartz ovals, or garnet rondells, or freshwater pearl beads - but not all three together in one temptingly color-coordinated auction lot. If a bidder wants this bead combination, your auction is the only one available to bid on.

So according to Economics 101,

high demand + low supply = higher closing price.

You can make tempting kits or package deals of other auction lots no matter what your niche is. Here are a few ideas:

* assorted colors of polymer clay plus some basic clay tools

* inkjet cartridges plus two packs of fancy printer paper

* padded shipping envelopes plus tape

* scrapbooking pens, stickers, and a paper cutting tool

To bidders, these combination auction lots are much more appealing and valuable. If you're a regular seller of combo auction lots, you'll quickly gain a following of eBay buyers who always check your current auctions to see what irresistible new combinations you have available.

Writer and jewelry artist Rena Klingenberg publishes jewelry marketing secrets several times a week in http://www.jewelry-business-blog.com. You'll also find wisdom from eBay experts in her site's collection of eBay success tips: http://www.home-j ewelry-business-success-tips.com/sell-jewelry-on-ebay.html.

In The News:


Vuvox Brings Rich Slideshows To eBay Auctions
Washington Post, United States - 16 hours ago
Now, eBay is conducting a pilot program for its automobile auctions, presenting sellers with an option to include the enhanced slideshows for free. ...

Boston Globe

Mass. auctions off abandoned property on eBay
Boston Globe, United States - Dec 1, 2008
Treasurer Timothy Cahill says unclaimed property will be auctioned live from noon Thursday until Dec. 15. Some 100 new lots will be posted on Dec. 4, Dec. ...
Cahill puts 300 items of abandoned property on eBay Politicker MA
State putting unclaimed booty on the Internet auction block Trading Markets (press release)
all 13 news articles

Generals to hold two jersey auctions
OurSports Central (press release), WI - 7 hours ago
The auctions will take place in the lobby immediately following the games. The first jersey auction is set for this Friday when the Generals host the Fort ...
Komets add Leo Thomas to roster OurSports Central (press release)
Komets improve to 9-6-1, Thunder rolls in Saturday OurSports Central (press release)
all 3 news articles

Business Wire (press release)

Inland Real Estate Auctions, Inc. successfully sells Highland Park ...
MarketWatch - Dec 1, 2008
19, resulting in a successful sale just six weeks after Inland Real Estate Auctions was engaged to sell the property. "This is a great example of why the ...
Robert and Melissa Storment of Real Estate Auction Associates ... Business Wire (press release)
all 12 news articles

WHDH-TV

Town of Stoneham auctions off fire truck
WHDH-TV, MA - Dec 1, 2008
"We have one or two auctions a year, we've sold some front-end loaders. The most we've gotten for a vehicle is $17000," said Bob Grover, the director of the ...
Fire on Forest Street consumes garage; fire truck wouldn’t start Winchester Star
all 2 news articles

Deal part of makeover for local online auction house
Houston Chronicle, United States - 14 minutes ago
By BRAD HEM HOUSTON CHRONICLE When Asset Nation announces the planned acquisition of rival Asset Auctions today, it will complete a three-part makeover for ...

3 News NZ

Milkpowder prices dive in Fonterra online auctions
New Zealand Herald, New Zealand - 6 hours ago
Fonterra says whole milkpowder prices today fell for a fifth time in its internet auctions, taking them to their lowest in more than two years. ...
Fonterra Milk Powder Prices Decline for Fifth Month (Update1) Bloomberg
all 29 news articles

Rascal Flatts in Two eBay Auctions
Great American Country, TN - 8 hours ago
2, 2008 — Christmas is a giving season, and Rascal Flatts is hoping their participation will net funds for a couple of worthy charities in online auctions ...

Treasury Auctions $28 Bln. In 26-Week Bills
RTT News, NY - Dec 1, 2008
Most of the auction results last week pointed to waning demand for government-backed debt compared to previous auctions either last week or in October. ...

Abercrombie Auctions International hosting Grand Auction during ...
Auction Central News, NY - 11 hours ago
Search for your desired lots in upcoming auctions worldwide. Or, search for past auction results from the world's largest online results archive. ...
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