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:


Chicago Daily Herald

Popular Mecum Auctions returns to area
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Mecum Auctions, which is hosting Chicago Auction in Schaumburg Oct. 5-7, is a household name and for good reason. Its televised auctions are broadcast to nearly 100 million homes, to say nothing of the thousands that attend them live. In the course of ...


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CleanTechnica

Vietnam To Launch Solar Power Auctions
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Mother Nature Network (blog)

The reason this town auctions off used salt licks is heartwarming ...
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I'm officially jealous of the town of Baker City, Oregon. In this seemingly magical place, the humans put salt licks out for cows, goats, deer, horses and other ...

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Robb Report

Back-to-Back Auctions for Screen Legends Vivien Leigh and Audrey ...
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Take a look at the upcoming auctions in London for Vivien Leigh and Audrey Hepburn's personal items.
Celebrity Memorabilia Has Become A Hot Commodity at Auction ...Hollywood Reporter

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Asbury Park Press

Fort Monmouth auctions off memorabilia, furniture - Asbury Park Press
Asbury Park Press
The former Army post in Oceanport, Eatontown and Tinton Falls closed in 2011.

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Newsweek

Adolf Hitler's 'Surprisingly Large' Underwear Sold at Auction for ...
Newsweek
An almost 80-year-old pair of Adolf Hitler's underwear sold for nearly $7,000 recently in a private auction, Metro reported Sunday. The anonymous buyer is ...
Adolf Hitler's 'Surprisingly Large' Used Underwear Sold For $5,500 ...International Business Times
Hitler's Underwear Sold For $6,700 At Auction – The ForwardForward
Nazi Knickers: Hitler's Underwear Sells For $6,700 at US Auction ...Sputnik International
AOL
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Rwanda auctions commercial real estate of exiled tycoon
Xinhua
KIGALI, Sept. 25 (Xinhua) -- Rwanda Revenue Authority (RRA) on Monday auctioned a multi-million-dollar mall located in the center of Capital Kigali, belonging to exiled tycoon Tribert Rujugiro Ayabatwa. Ayabatwa was listed Africa's Number 1 Tobacco man ...

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Automotive News (subscription) (blog)

How salvage auctions prepared for disaster - Automotive News
Automotive News (subscription) (blog)
When hurricanes Harvey and Irma slammed Texas and Florida, auto salvage auction companies were ready to respond. Here's how.

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Auto Remarketing

Behind the numbers: 10 charges seen most often at auction
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After a 30-day window of studying auction sales and their associated auction charges earlier this year — a period that included more than 347,000 vehicles sold by clients — AutoIMS was able to determine the 10 most common charges spotted in the ...

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