Posts Tagged “auction”

Bidding is the usual way in which a product is sold in the presence of multiple buyers in an standard auction . The person making the highest bid, usually wins.

A unique bid auction is new and different from this. In a unique bid auction – sometimes called a reverse auction – you are bidding is to make a unique offer. And in this case, the bidder quoting the lowest UNIQUE price for a bid becomes the winner.

For example, a mobile phone is quoted at a price of $600. At auction end two people have made a bid of $1.60, three people bid $1.50 and only one person made the bid of $1.55. Here, the winner will be the person who has made the bid of $1.55. This is because $1.55 is the lowest, unique one – no one else has made an equal bid to this one

Bidding low may seem is an unusual concept but it is exciting too as it enables auction visitors to get items at a substantially lower prices. Unique Bid Auctions are popular in Europe and in the USA and now gaining acceptance in Australia – there are quite a few online auctions sites in Australia that now make the lowest unique bidder the winner for their products..

For example in Australia , Youbid.com.au is one of the newest and best Australian online auction sites. Providing a variety of categories to choose from, Youbid can be joined exclusively by Australian and New Zealand nationals.

Joining youbid.com.au is absolutely free of charge. To become a member, you just require to fill up a registration form and be over the age of 18.

However, since the idea of a lowest unique bid action is fairly new the strategies involved in successful bidding are also new and different. Here are some quick tips can be followed to become a professional bidder at this style of online auction

1.Sign up for taking part in an online auction – Become a member and read the FAQs to get a clear idea about the bidding process. I most cases, you can sign up for free at one of the many Internet auction sites, such as Youbid.com.au. Once you are a member, start by making a few bids in the beginning. Practice is the only way to be a perfectionist in the bidding game.

2.Browse through the products and choose your desired category – remember you’re not bidding against others on the retail value of the product. It might be worth many thousands of dollars and be sold for only a few. You just want to get the lowest bid that no-one does ( ie a lowest unique bid)

3. Bid early. Unlike a traditional online auction there is no advantage in waiting until the last few seconds to bid. As soon as you have decided on the item, bid on it. In fact in a unique bid auction, it is important that a unique bid gets registered as soon as possible. This is because sometimes there isn’t one single unique bid. In this case the winner is the first person who made the lowest bid of the two lowest bids. So get in early or you might lose a winning opportunity.

4.Make multiple bids if you can. This is one of the essential strategies in the lowest bid auction.

5.Keep a track on your bids. Youbid.com.au , for example, will keep its bidders updated through email about the status of their bids.

As such, these are the various tips that can be followed to emerge as the winning bidder at a lowest bid auction.

Youbid is a new reverse auction site in Australia. It’s free to join. And remember in a unique bid auction its the lowest unique bid that wins. You could save hundreds of dollars.

Comments No Comments »

Are you as a eBay seller maximizing your listings? There are a many eBay buyers who will not buy an item on eBay if they haven’t seen a picture. In fact, many eBay buyers like to see more than one picture. The only problem with this is that posting a number of pictures on eBay can get expensive, especially overtime. However, there is a way that you can give your potential customers what they want, more pictures, without having to go broke while doing so.

If you are looking for a way to have multiple pictures appear in your eBay auction listings, but you are urged to examine websites that are known as photo sharing sites, if you haven’t already done so. Photo sharing websites are sites that allow you to post digital photographs online and sometimes even videos. There are a large number of internet users who use photo sharing sites to upload and share pictures with friends and family members over the internet, but many internet users are also starting to use photo sharing websites to help combat their eBay seller fees, particularly the fees associated with having multiple pictures in an eBay auction.

If you are interested in giving photo sharing websites a try, to help you save money when selling on eBay, you will need to find a photo sharing website to use. To find a number of photo sharing websites, you may want to perform a standard internet search. Your standard internet search results will likely include PhotoBucket, which is a free, well-known photo sharing website. Of course, you can use just about any photo sharing website you want, but you are advised to look into PhotoBucket, as it is free and easy to use.

Speaking of using PhotoBucket and many other online photo sharing websites, you will need to create an account. You should be required to fill out a small form, which may request a little bit of information about yourself, like your full name or your email address. You will also need to create login information for yourself, including a screen name and a safe password. Once you have that finished, you should be able to use the photo sharing website in question, whether it be PhotoBucket or not, to help you start saving money.

When using a photo sharing site, you will see that different sites have different instructions that need to be followed, but the first step will be taking pictures of your eBay items. Then you will need to upload them to your computer and then follow the photo sharing website’s instructions on how to upload your photos to their site. In most cases, this is a relatively simple process, which tends to involve selecting a few pictures from your computer’s hard drive and then hitting an upload button.

Once your pictures have been uploaded, you should see thumbnails or smaller versions of them. With PhotoBucket there are little boxes underneath each thumbnail that can be used to select the picture or pictures of you choice. You will want to select all of the pictures that you want listed in a particular eBay listing. Then, you should be able to find a link that allows you to generate an HTML code. This will lead you to another page with a lot of information on it, particularly HTML links. Many photo sharing websites outright tell you which HTML code links you should use for eBay. Copy the code and paste it in the description of your eBay auction listings and you are good to go; your pictures should appear.

Using a photo sharing site is optional, but it is definitely something to look into. As an eBay seller, you want to profit as much as you can and this also involves eliminating unnecessary expenses. Ebay Selling Tips Site is another great eBay selling tips resource.

Learn more about keyword #1. Stop by Todd Manter’s site where you can find out all about how to sell on eBay.

Comments No Comments »

Powered by WP VideoTube