5 Secrets for Increasing Auction Profits

1. Include your ebay seller name, store, and website information with all items you ship. THis can encourage re-orders and help the buyer leave feedback. I remember one particular incident, as a buyer I wnated to reorder a product from a seller but I couldn't remember their ebay seller name and so never reordered the product.

2. Email customers after you have shipped their item to ask them if they recieved the item and if they are pleased with it. This not only builds trust by showing you care but also gives you the opportunity to add a link to your recently lited items on ebay or your website in your signature line.

3. Put a subscription box on your about me page to capture email addresses and follow up with visitors with news about your products, industry, sales you may be having, product information and inprovements, specials, etc.

4. State in all your auction listings that customers can save on shipping costs by bidding on multiple items at the same tim. Include information about other auctions you have listed at that time that may be related to the product in the auction. Try to link to the items and open the page in a new window so the bidder does not lose his place. Use a picture of the item to encourage bidders to look at your other items.

Many people use an auction listings gallery which inserts pictures of their other items into their auction descriptions like the the one at andale.com.

5. Try to add bonus items to your auctions where applicable to encourage bids. Free ebooks, extra ad space (if you're selling ad space), free software, free samples of related items you sell, coupons for free shipping of the next item the bidder wins, etc.

There are several ways to skyrocket your earning with your auctions, be creative and you're sure to see a difference in your bottom line.

Jennifer Parks is the author of with free information, software, resources, and secrets for selling on ebay.

In The News:


Daily Beast

Foundation fights 'craven' auction of vial purportedly containing Reagan's blood
Fox News
The Ronald Reagan Presidential Foundation is fighting to stop a British company from auctioning off a vial it claims contains the dried blood of late President Ronald Reagan. The item is up for sale on the website of PFC Auctions, and by Tuesday ...
Foundation objects to auction of purported vial of Reagan's bloodReuters
Outrage over auction of Ronald Reagan's bloodCBS News
On-line auction site is selling a vial of President Reagan's blood taken after ...Washington Post (blog)
FOX 4 News -Daily Beast
all 130 news articles »

Sci-Tech Today

Disputed dinosaur fossil auctioned for $1M in NYC
BusinessWeek
By JENNIFER PELTZ A dinosaur dispute is brewing between the Mongolian government and an American auction house, which sold a fossil of a fearsome T. Rex relative despite a court order not to. The 8-foot-tall, 24-foot-long skeleton of a Tyannosaurus ...
Dino fossil sold in controversial auctionWTAM.com
Dinosaur Auction: Tyrannosaur Skeleton Fetches $1 Million Despite ObjectionsHuffington Post
Dinosaur Dustup: Auctioneer, Mongolia Battle Over $1M BonesABC News
Sci-Tech Today
all 288 news articles »

TIME

Still the Sultan: Babe Ruth Jersey Sells for $4.4 Million
TIME
In the highest auction amount ever paid for sports memorabilia, a 1920s road jersey—the earliest existing New York Yankees jersey known to have belonged to the legendary slugger—sold for $4.4 million. Even Ruth's former home, a 5124-square-foot ...
Babe Ruth's jersey sold at auction: Piece of Yankees' history has mighty price tagnewjerseynewsroom.com
Babe Ruth jersey fetches a 'Ruthian' $4.4 million at auctionChicago Sun-Times
Babe Ruth jersey sells for record $4.4 millionBusinessWeek
CNN (blog) -New York Daily News
all 422 news articles »

Bloomberg

Treasurys Fall Ahead of Auction, EU Summit
Wall Street Journal
The Treasury Department is scheduled to sell $35 billion in two-year notes in the afternoon, kicking off this week's trio of auctions. Nomura's rate strategy team noted that while these short-dated notes currently offer decent value, it expects "weak" ...
Treasurys fall as stocks gain; auction on tapMarketWatch
Treasury Auctions Set for This WeekNew York Times
Treasuries Fall as Yields Damp Demand Before AuctionsBloomberg

all 63 news articles »

Spanish, Dutch Funding Costs Move Opposite At Auctions
Wall Street Journal
By Emese Bartha Spain's borrowing costs rose further at Tuesday's Treasury bill auction, underlying the market's unease with the country's funding sustainability as bank recapitalization needs, frail finances in some of its regions and an upwardly ...

and more »

Luxurious Villa in Barga, Italy to Be Auctioned by Williams & Williams
MarketWatch (press release)
TULSA, OK, May 22, 2012 (MARKETWIRE via COMTEX) -- Williams & Williams, the premier brand in real estate auctions, today announced it will sell without reserve the elegant Tuscan estate, Villa Sognare, located in the storied village of Barga, ...

and more »

Treasuries Fall Third Day Before European Summit, Note Auctions
San Francisco Chronicle
US 10-year note yields rose for a third day, the longest streak in two months, before the US auctions $99 billion in debt starting today. Sales of existing homes in the US increased more than forecast in April. The central bank plans to sell as much as ...

and more »

The Hindu

German Bonds Decline as Stocks Rise Before Dutch Notes Auction
Bloomberg
The Netherlands will sell notes maturing in April 2015 today and Spain auctions bills. The 10-year bund yield increased three basis points, or 0.03 percentage point, to 1.46 percent at 7:52 am London time, after falling to a record 1.396 percent on May ...
Stocks Gain on Stimulus Signs as Spain Bonds Rise; Yen WeakensSan Francisco Chronicle

all 474 news articles »

Brazil Central Bank Calls Foreign Exchange Swap Auction
Wall Street Journal
SAO PAULO (Dow Jones)--The Central Bank of Brazil on Tuesday called a foreign exchange swap auction, offering contracts valued at the equivalent of $2.47 billion. The auction offers investors the opportunity to exchange paper linked to interest rates ...

and more »

Bordeaux Dominates the Top 25 Lots, Burgundy Hits 30 New World Records in ...
MarketWatch (press release)
NEW YORK, May 22, 2012 (BUSINESS WIRE) -- France's great Bordeaux and Burgundy estates remain the global standards and the highly sought-after winners in Acker Merrall & Condit's third New York auction of 2012. The world's leading rare wine auctioneer ...

and more »
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