There are many individuals who make extra money or even a living selling merchandise online. While the latter group is not as common there is no reason that you cannot make extra cash selling stuff you have around the house or found cheaply at garage sales. If you have ever considered using online auctions http://www.jaysugarmanonline.comor websites to make extra money there are a few simple tips that you should follow to help ensure a pleasant experience. 1) Decide which category is appropriate: While many shoppers use the main search box many others shop specific categories. 2) Provide an accurate title This is key to your item being found by potential buyers. The search boxes in most websites search by title 3) Give a detailed description. By providing a detailed description you can eliminate unnecessary questions from buyers that could have been answered in a description box. 4) Use Quality Photos As they say “A picture is worth a thousand words”. And there’s no need to worry, anyone can take a good photograph. Just find a background (a sheet works fine) use a well-lit space, fill the camera frame, steady you hands and that’s all. 5) Know the value of your item Know the value of your item. If you price too high it won’t sell. If you price too low you’re going to lose money. 6) Don’t forget about shipping! Don’t forget about the cost of shipping. Who will you ship through and how fast? Now that you’ve got your merchandise covered, consider listing formats. 1) Traditional Online Auctions http://www.jaysugarmanonline.com: This format works just like a live auction http://www.jaysugarman.com. Bidders compete against each other with each successive bid climbing upwards. 2) Bulk Listing: A bulk lot listing works much the same way as a traditional auction except that it consists of multiple items that are all sold at once to the winning bidder for one price. A great choice if you have a lot of small value items that fall into the same category; ie: house ware http://www.sugarmanonline.com/catalog.asp?catid=178&n=Home–Garden. 3)Classified Ads: Classified ads allow you to showcase your business or your items without having to provide any type of selling price. This format allows dynamic communication between a buyer and a seller and leaves room for negotiation of price or the possibility of a trade. To see some classified ads in action, click here http://www.sugarmanonline.com/catalog.asp?catid=426&n=Jays-List-Classified 4) Dutch Auction: Also known as Multiple Item Auctions are online auctions http://www.jaysugarmanonline.com/ that allow several identical items to be offered for sale together. Bidders have the option of buying any number of them, from a single unit to any combination they desire. This format allows for multiple buyers. 5)Fixed price sales: provide another alternative to auction formats. These sales provide an easy way for buyers to locate and purchase you item instantly. Using this format also allows you to sell multiple quantities of the same at a set price. An example would be selling 30 pair of shoes at $29.99 each. You could sell 4 pair to buyer A and 8 pair to buyer B or any other combination of transactions. Additionally there are a lot of individuals who prefer to buy this way for many reasons. GOOD LUCK !!! Online Auction Tips « Joelharelik’s Blog


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