Chris Bowser

Training

7 Reasons to Sell on Online Auction Sites Right Now

In today’s technological world, more people have stopped looking in the yellow pages to find what they are looking for, and have started to turn to the World Wide Web for all of their answers. The Internet is more efficient, and people can find what they are looking for with a simple keyword and a quick click of a button. Why spend time going from store to store to find a specific product, when you can sit in one place searching for that object in the comfort of your own home? Online Auction sites are a great e-commerce tool that allows you to sell and buy products in an easy time effective manner. Below are some reasons why you should start using Online Auction Sites today!

1. Online Auction sites process more searches per day than Google as generated by Neilson Net Ratings. If you are looking to sell, why not ensure that your product is available on a site that people are sure to visit.

2. Most people shop on Online Auction sites because of the availability of different, unique products. If you are selling a product that cannot be found easily on the market, you are targeting the perfect audience. Think about it. Where do you know you can find that unique, hard to find item… a site like eBay or Amazon right?

3. According again to Neilson Net Ratings, the majority of online auction users tend to be between the ages of 35-50. The age of the individuals increases the potential that these individuals have a greater income to spend on the goods that are being sold. Many individuals in this age group are in business to buy what you are selling and are generally not just looking for the cheapest deal.

4. It is very easy to set up an online auction account. With over 300 million registered users, 1/3 of Internet users in the United States are using Online Auctions according to Neilson New Ratings.

5. When purchasing from a site like eBay, people can pay directly from a Pay Pal account. This can increase a buyer’s motivation to spend more money as they are not physically reaching for their cash, or using plastic to get the items that they want.

6. For an owner of a small business, Online Auctions can be a great way to get rid of old inventory in order to make room for the new. It is known that new inventory generate more money, but before new can be brought in, the old has to be gone. It is more beneficial to make a smaller amount of money for an old product, than to hold on to it.

7. Online Auctions allow you to be exposed to a much wider audience. You are no longer limiting yourself to your back yard. Or your small town. With online auction sites you now have the ability to market your product to the entire world.