Want to Make Money at Home With Online Auctions and What You Need?

January 18th, 2010

Online auction sites such as EBay are one of the most profitable means by which you can make money at home without having to invest too much or set-up your own website. It is fairly easy to start earning through online auctions for help visit www.auction-extreme-package.com. This article will present you with a step-by-step guide on how to make money at home through auction sites.

An online auction is much like a big online store, only that the buyers and sellers are composed by a large network of members all around the world that make up the online community. This means that you only need to sign up as a registered member.

Before you get started with selling through online auctions, make sure you set optimistic but realistic financial expectations. If you want to make money at home solely through auctions, expect the road to be long and rough. Remember that for every successful online seller, there are at least a hundred who do not succeed. Thus, if you are new to online auctions, do not expect to earn thousands overnight. Instead, you need to build your credibility slowly and come up with your own selling strategies that will work for you.

Getting Started

Once you have the right mindset, you can move on and register if you have not done so yet. After registration, make sure you familiarize yourself with the feel, look and features of the auction site you choose for help visit www.auction-words.com. Check out what things are being sold fast, and which are not. You can look at major sellers; check how they design their auction pages.

If you want to start small with minimal investment.

You can start to make money at home through auctions by selling things around the house that you do not want anymore. You can start with just a few listings in order to help you get used to the entire process, then work your way up with more items.

If you want to make money at home through auctions, it is good idea to stick with a certain group of products to sell. If you want to establish yourself in the auction world, you can quickly do so by associating yourself with a certain category (i.e. children’s clothes, women’s accessories, household items, etc).

If you already have an idea of what products to sell, you can look around for other sellers in the site which sell the same products. You can figure out how you can compete with them, most especially if you are dealing with major sellers who have been in the auction market for a while now.Selling strategy

In every auction post you make, be sure to post pictures and accurate descriptions of the items you are selling. If you intend to make money at home through auctions, you will need to establish yourself as an honest and reliable auctioneer. Moreover, the importance of photos to go with your post can not be stressed further. People are always more comfortable buying something without the surprises. There are various strategies that you can adopt in order to make your items more sellable. Depending on your products, you can have promos, low starting bids, freebies, free shipping, combined items, and the likes in order to attract more bidders to purchase your items.

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Online Auction Allows You to List Your Products

January 17th, 2010

There are auction websites on the Internet that make selling a product much easier. Actually, auction sites make selling a project rather exciting. So let’s say you have a clothing business that you’re trying to get off of the ground, but you have tried everything you know to try. One thing you haven’t tried, though, is the online auction. The online auction allows you to list your products and auction them off. There are a number of advantages that come along with this. The first advantage is that you are now exposing your product to an entirely new audience. The second advantage is that you are going to be able to link these individuals up to your website. Pushing your productPushing your product through an online auction site means that you’re going to be able to reel in the customers. How this is done is by listing your clothing item for a price that is less than retail. From there, shoppers will continue bidding until the auction expires. Whoever has the highest bid is the person who wins the product. If they love the product, for more details visit to www.auction-words.com they will come back to your site for more. They will even tell their friends. Even if the item doesn’t sell, individuals who visit the auction page will link up to your website to see what else you have. The item you’re auctioning is only a representation of what you offer. You want these shoppers to say, “Whoa, this is really nice. I think I might see if they have something more up my alley.” Then again, they may say, “I love this. If I win it, I’m going to see what they have that matches.” These are the things you want them to think. You want them to want your product. You want them to need it. If you wish, you can put multiple products up for auction. Try items that will appeal to different types of people. This is so you can target more than just one type of person. You’re opening yourself up to a broad audience and that broad audience will make purchases from you. The product you chooseOne rule of thumb when using an online auction site is to make sure you choose a product that represents who you are. As stated before, you want to choose different products that appeal to different types of people. If you have a lacy shirt with ruffles, then you’re going to appeal to those who live lace and ruffles. If you have a leather vest, you’re going to appeal to those who love leather vests. The person who loves the shirt with ruffles may not be into the leather vest. The same goes for the person who likes the leather vest. That person may not be into ruffles. This is just an example of how you can target to certain individuals. If the wrong people are coming across an item, for more details visit to www.auctions-profits.com they are going to hit their back button and move on. They’re not going to go to your actual online store. There are also some individuals who auction services off in order to gain new customers. How this works is they say that they will perform a certain service for the price of the winning bid. This may be a service that normally costs $1,000, but someone can get it for half of that. What happens is the customer enjoys the services they have received and they come back for more. When they come back for more, they pay regular price. However, they are so hooked on the services that they are willing to pay that price. When that occurs, you should be jumping up and down. Making your listing Before you can list a product or service, you have to register for an account. From there, you are able to go in and list your product. There is an area that specifies where you post. All you have to do from there is follow all of the instructions. That way, you can properly post your auction. Another thing that is important about your listing is that you are descriptive. You must not leave out any details. If you do, the buyer can come back on you and say something about it. It is important for the reputation of your business that you are honest in your listings. Even if you are honest, leaving out details can be misconstrued as dishonesty. Just be cautious and mindful and you should be okay. All it takes is a little common sense and you’re in business. The effectiveness of the online auctionThe online auction is quite effective in that it increases exposure. If you use this in addition to other marketing methods such as article marketing, classified ads, and other methods available to you, you should be able to really get the word out there about your website. You have to be proactive in your marketing. It may take some time, but you’ll find that it will really pay off. And if you think that no one is going to check out your product on an online auction site, you’re mistaking. At one time it may have been difficult, but a lot of people make their livings on the Internet by using online auction sites. They make thousands of dollars per month, so be active in this. It may not happen immediately, but if you put work into it you’ll be in good shape. So go out there and start listing your items on an online auction site. Let the world know that you exist and make them say “wow.” Make them think that you have all that they need and make them believe it even more when they visit your website. If you provide them with what they need, they will always come back to you for more. When they come back to you for more, then that means there will be more money in your pocket. More money in your pocket means success for your business.

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How Can You Make Money With Online Auctions?

January 17th, 2010

Online auction sites such as EBay are one of the most profitable means by which you can make money at home without having to invest too much or set-up your own website. It is fairly easy to start earning through online auctions This article will present you with a step-by-step guide on how to make money at home through auction sites.An online auction is much like a big online store, only that the buyers and sellers are composed by a large network of members all around the world that make up the online community. This means that you only need to sign up as a registered member.Before you get started with selling through online auctions, make sure you set optimistic but realistic financial expectations. If you want to make money at home solely through auctions, expect the road to be long and rough. For more details www.auctions-profits.com Remember that for every successful online seller, there are at least a hundred who do not succeed. Thus, if you are new to online auctions, do not expect to earn thousands overnight. Instead, you need to build your credibility slowly and come up with your own selling strategies that will work for you.Getting StartedOnce you have the right mindset, you can move on and register if you have not done so yet. After registration, make sure you familiarize yourself with the feel, look and features of the auction site you choose Check out what things are being sold fast, and which are not. You can look at major sellers; check how they design their auction pages.If you want to start small with minimal investment.You can start to make money at home through auctions by selling things around the house that you do not want anymore. You can start with just a few listings in order to help you get used to the entire process, then work your way up with more items.If you want to make money at home through auctions, it is good idea to stick with a certain group of products to sell. If you want to establish yourself in the auction world, you can quickly do so by associating yourself with a certain category (i.e. children’s clothes, women’s accessories, household items, etc).If you already have an idea of what products to sell, you can look around for other sellers in the site which sell the same products. For more details www.auction-words.com You can figure out how you can compete with them, most especially if you are dealing with major sellers who have been in the auction market for a while now.Selling strategyIn every auction post you make, be sure to post pictures and accurate descriptions of the items you are selling. If you intend to make money at home through auctions, you will need to establish yourself as an honest and reliable auctioneer. Moreover, the importance of photos to go with your post can not be stressed further. People are always more comfortable buying something without the surprises. There are various strategies that you can adopt in order to make your items more sellable. Depending on your products, you can have promos, low starting bids, freebies, free shipping, combined items, and the likes in order to attract more bidders to purchase your items.

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Online Auction Addictions. be Auction Smart!

January 16th, 2010

An online auction website provides a platform for consumers to buy and sell almost anything in a virtual marketplace.

Online shopping and auction websites have seen phenomenal growth over recent years and are becoming increasingly popular. Although there are certainly a number of factors that attribute to the phenomenal uptake of Online Auctions, one of the reasons for its increased popularity is undeniably related to the fact that consumers thrive on adrenalin. Once bidders get hooked on the sense of winning and scoring a bargain, they very often start to become addicted to the counter-strike syndrome.

One online bidder confessed that after only 30 wins, he had become addicted to online auctions. Another bidder sheepishly admits that she is becoming addicted to Online Auctions and often wakes up during the very early hours of the morning to make sure that she wins her bids. To ensure that she does not miss out on her win she lines up all her PC’s and laptops and then just before the auction is about to end she enters her final bid amount just split seconds before the auction ends. She then hits the enter key on every one of her computers (which she probably bought on bulk at an online auction) to make sure that she gets her final bids in before anyone else has the opportunity to. (That is of course if they were even awake at that ungodly hour.) Has she never heard of an automatic bid feature?

Bidding just got easier: Most auction websites have the automatic bid feature which is a fantastic little invention that bids on behalf of bidders if a bidder is not able to be online during the auction or is unable to track the auction. This feature allows bidders to just sit back and let the automatic bid do the bidding for them so that they do not have to wake up at 3am in the morning to bid on their most desired items. It bids on a particular item with the specified bid increment amount to meet the current highest bid amount. It will bid on the bidder’s behalf only up to the amount that has been specified as the maximum that the buyer is willing to pay for the item. This does not mean that it immediately increases the bid amount to the maximum amount that has been specified; instead it will bid higher only to meet the current highest bid amount. The bidder enters the maximum bid amount and clicks on the bid now button. The system then bids for them the moment someone else has outbid them or at the end of the auction in order to meet the reserve price. Every time the automatic bid feature places a bid on behalf of a bidder, the bidder is notified by email communication.

So why do people become addicted to Online Auctions? As technology advances and man continues to thrive on many things that he can devour wholeheartedly, it is only natural that a certain form of addiction may arise. We are not talking about some substance abuse; rather we are referring to the type of addiction in the form of a compulsion or an urge to continuously repeat actions often with very little regard for the consequences that may follow. Online shopping is not only incredibly convenient, it is fun too. Participating in and winning an Online Auction is a very rewarding experience. In an auction, you can never actually purchase an item unless you have won it in a bid. The highest bidder wins the auction.

Most Online Auction websites participate within very close-knit community environments. This community gives rise to a sense of belonging and recognition amongst this group and may also offer some people a place to release their tensions or enable them to deviate from unpleasant things. A form of retail therapy takes charge and offers a certain level of relief. So, if you are generally very competitive by nature, then the process of bidding in an auction may become very addictive. Their is an overwhelming sense of achievement and success in winning a bid. Often this may leave you with an urge of wanting more.

Auction Caution: Auctions only really become addictive once the person involved can no longer control his urge or feelings. Auction websites encourage their bidders to be aware of the potential warning signs of developing auction addiction. These may include having to place excessively ludicrous bids in order to achieve a desired level of adrenalin or excitement; becoming preoccupied with auctions even when busy with something completely different; lying to family to conceal the extent of your online bidding (denial); feeling restless when trying to cut back on your auction activity; using auctions as a way to escape problems or to intentionally increase your self-esteem through winning; where a relationship has been jeapordised through your ongoing bidding activities; and most importantly, if you have engaged in any unethical or illegal activity to finance your online activities.

You’re not obsessed if you’re simply just smart! One of the best things about auctions is that people can find the rarest, the cheapest and the most extraordinary items at affordable prices. No wonder why nearly 80% of the people interviewed in a certain survey have stated that they are willing to buy their items through auctions. In an article published by IOL, Mary Jean Smith, a television producer, said she was addicted to online shopping. “It’s divine. It really makes life easier. Now I can spend more time with my children,” she said.

Don’t be concerned that you might be labeled as an auction addict if you are simply just wise to the fact that there are bargains to be found online. There is a clear difference between a wise buyer and an addictive one. Happy online shopping.

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Online Auction Shop Finding That Perfect Auction Site

January 15th, 2010

Selling through online auctions is a great way to earn extra cash or even start a full-time business. When you find your one stop online auction shop that’s just right, it can become a very productive business. There are many auction websites, but you’ll want to find a site that best fits your selling needs. Here are some tips. Before listing your items, observe the auctions for a while. See what’s hot and what’s not. Every auction site will have its own unique audience. Some will attract more of certain types of buyers than other auction sites.

 

The auction company might publicize more to certain groups of people using banners or paid search engine listings. If you’re selling wholesale products, then you will naturally want to list with an auction shop that attracts wholesale buyers who are looking for great bargains. If selling household items, you’ll want an audience of people who buy household auction items. Also, observe how the site operates on a day-to-day basis. Do the auctions seem to end with more bids on certain days of the week or a certain time of the day? For occurrence, auctions that end on late Saturday night get more bids than those ending on a Tuesday night. Lurking at different auction sites will help you find a one-stop online auction shop that’s right for you. When searching for your one stop online auction shop, try several test auctions with some of your items.

 

Monitor the reply as well as the amount of traffic the listings receive during the auction’s running time. Many auction sites allow you to place a visitor counter on your auction pages so you can know how many people view your auction you can visit auction-professional.com If you sell many types of products, advertise several items from a few categories. There are many online auction shops that offer free or low-cost listing capabilities. Some auction sites only take a percentage of each sale while others may charge a fee for each listing whether you sell or not you can visit auction-words.com Those auction sites that offer free listings and/or only take a percentage of each sale are very helpful to you as a seller. You only pay when you sell items instead of paying high fees just to advertise your products, so you are taking no risk when listing your items. Though these auction sites may have smaller amounts of traffic than the larger bidding sites, you might find the savings will make it worth your while. After all, auctions are supposed to be “bargain” sites, right? Some auctions charge a fee AND take a profit of each sale.

 

These may have more traffic, but the charges add up in a hurry and every listing can become a financial risk when you’re just starting out. With so many options, you can easily find a one-stop online auction shop that fits your financial statement and listing needs. Use these tips to find that wonderful online auction shop and sell those unwanted items today!

 

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What is Online Auction Software?

January 15th, 2010

No matter how talented you are, if you host your craft sale in your garage or your basement, you can be sure no one is going to be crossing state lines to come buy your stuff. In fact, your customers are likely to be limited to family, friends and the people who live in and around your neighborhood. Online auction software is innovative software that increases your online exposure tremendously and enhances your profit making capacity.Using software to construct your own online auction site is better than using an online store, offering you flexibility through various available formats. The software provides interesting features that both buyers and sellers can make use of. Of course, there are also sites such online auction sites as eBay, which you can make use of if you do not want to host your own online auction site.Online auction sites as well as online stores are equally effective for increasing your exposure to potential buyers but auction sites do have an edge when it comes to making more money.Because of the inherent nature of auctions, where the goods are sold to the highest bidder, you are more likely to make a higher profit if you launch an online auction site rather than an online store that has fixed sale prices. There is several different online auction software available.Most online auction software packages utilize PHP or ASP programming formats, which help optimize your auction site. If you do not have knowledge in the area of programming, for more detail go to: www.auction-profesional.com. then it is better that you use PHP software as the software company can more easily provide the support you will need. Users with higher technical abilities can choose whichever one they prefer.You don’t need to worry too much about technical details to use the PHP format. This online auction software comes with detailed instructions that are simple to read and understand.Auction software provides sellers with several useful features including accounting, easy management, tracking, aesthetics, and security. The more attractive your site, the more customers you are likely to attract.Currently the most popular online auction service out there, eBay offers probably the largest database of products to bid on.For more information log on to: www.auction-entrepreneur-kit.com. Leading the bidding industry ever since they started, they are today not only the most secure website that they also have a rating system to increase trust among buyers and merchants. It’s a good idea to always take a look at eBay if you want to create an online auction site for your own items. You can even put your item up for bids on eBay if you have an account.Doing a garage sale may be simple and by selling a few old items you could make a huge amount of cash in a day. So why not spend the time to make it look more professional, put it online with the help of auction software and have the possibility to make that huge amount of cash every day? If you think about it this is like opening your own retail store but you don’t have to pay anyone for the items and you make profit on everything you sell.www.auctions-profits.comwww.auction-o-matics.com

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Online Auction is a Huge Method to Make More Cash

January 14th, 2010

Test Your Auction Items: -When searching for your one stop online auction shop; try several test auctions with some of your items. Monitor the response as well as the amount of traffic the listings receive during the auction’s running time. Many auction sites allow you to place a visitor counter on your auction pages so you can know how many people view your auction. If you sell many types of products, advertise several items from a few categories.Minimize Auction Expenses: -There are many online auction shops that offer free or low-cost listing capabilities. Some auction sites only take a percentage of each sale while others may charge a fee for each listing whether you sell or not. Those auction sites that offer free listings and/or only take a percentage of each sale are very beneficial to you as a seller. You only pay when you sell items instead of paying high fees just to advertise your products, so you are taking no risk when listing your items. Though these auction sites may have smaller amounts of traffic than the larger bidding sites, you might find the savings will make it worth your while. After all, for more details visit to www.auction-words.com auctions are supposed to be “bargain” sites, right?Selling through online auctions is a great way to earn extra cash or even start a full-time business. When you find your one stop online auction shop that’s just right, it can become a very lucrative business. There are many auction websites, for more details visit to www.auction-professional.com but you’ll want to find a site that best fits your selling needs. Here are some tips.Be an Auction Lurker Before listing your items; observe the auctions for a while. See what’s hot and what’s not. Every auction site will have its own unique audience. Some will attract more of certain types of buyers than other auction sites. The auction company might advertise more to certain groups of people using banners or paid search engine listings. If you’re selling wholesale products, then you will naturally want to list with an auction shop that attracts wholesale buyers who are looking for great bargains. If selling household items, you’ll want an audience of people who buy household auction items.Also, observe how the site operates on a day-to-day basis. Do the auctions seem to end with more bids on certain days of the week or a certain time of the day? For instance, auctions that end on late Saturday night get more bids than those ending on a Tuesday night. Lurking at different auction sites will help you find a one-stop online auction shop that’s right for you.Some auctions charge a fee AND take a percentage of each sale. These may have more traffic, but the charges add up in a hurry and every listing can become a financial risk when you’re just starting out. With so many options, you can easily find a one-stop online auction shop that fits your budget and listing needs. Use these tips to find that perfect online auction shop and sell those unwanted items today.

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How Many Tips To Find The Perfect Online Auction Shop?

January 14th, 2010

Selling through online auction is a great way to earn extra cash or even start a full-time business. When you find your one stop online auction shop that’s just right, it can become a very lucrative business. There are many auction websites, but you’ll want to find a site that best fits your selling needs. Here are some tips.Be an Auction LurkerBefore listing your items, observe the auctions for a while. See what’s hot and what’s not. Every auction site will have its own unique audience. Some will attract more of certain types of buyers than other auction sites. For more details www.auction-entrepreneur-kit.com The auction company might advertise more to certain groups of people using banners or paid search engine listings. If you’re selling wholesale products, then you will naturally want to list with an auction shop that attracts wholesale buyers who are looking for great bargains. If selling household items, you’ll want an audience of people who buy household auction items.Also, observe how the site operates on a day-to-day basis. Do the auctions seem to end with more bids on certain days of the week or a certain time of the day? For instance, auctions that end on late Saturday night get more bids than those ending on a Tuesday night. Lurking at different auction sites will help you find a one-stop online auction shop that’s right for you.Test Your Auction ItemsWhen searching for your one stop online auction shop, try several test auctions with some of your items. Monitor the response as well as the amount of traffic the listings receive during the auction’s running time. For more details www.mining-auction-gold.com Many auction sites allow you to place a visitor counter on your auction pages so you can know how many people view your auction. If you sell many types of products, advertise several items from a few categories.Minimize Auction ExpensesThere are many online auction shops that offer free or low-cost listing capabilities. Some auction sites only take a percentage of each sale while others may charge a fee for each listing whether you sell or not. Those auction sites that offer free listings and/or only take a percentage of each sale are very beneficial to you as a seller. You only pay when you sell items instead of paying high fees just to advertise your products, so you are taking no risk when listing your items. Though these auction sites may have smaller amounts of traffic than the larger bidding sites, you might find the savings will make it worth your while. After all, auctions are supposed to be “bargain” sites, right?Some auctions charge a fee AND take a percentage of each sale. These may have more traffic, but the charges add up in a hurry and every listing can become a financial risk when you’re just starting out.With so many options, you can easily find a one-stop online auction shop that fits your budget and listing needs. Use these tips to find that perfect online auction shop and sell those unwanted items today!

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Online Auction: You Can Earn More Money

January 13th, 2010

Selling through online auctions is a great way to earn extra cash or even start a full-time business. When you find your one stop online auction shop that’s just right, it can become a very lucrative business. There are many auction websites, but you’ll want to find a site that best fits your selling needs. Here are some tips.

Be an Auction Lurker

Before listing your items, observe the auctions for a while. See what’s hot and what’s not. Every auction site will have its own unique audience. Some will attract more of certain types of buyers than other auction sites. For more details www.auction-words.com The auction company might advertise more to certain groups of people using banners or paid searchengine listings. If you’re selling wholesale products, then you will naturally want to list with an auction shop that attracts wholesale buyers who are looking for great bargains. If selling household items, you’ll want an audience of people who buy household auction items.

Also, observe how the site operates on a day-to-day basis. Do the auctions seem to end with more bids on certain days of the week or a certain time of the day? For instance, auctions that end on late Saturday night get more bids than those ending on a Tuesday night. Lurking at different auction sites will help you find a one-stop online auction shop that’s right for you.

Test Your Auction Items

When searching for your one stop online auction shop, try several test auctions with some of your items. Monitor the response as well as the amount of traffic the listings receive during the auction’s running time. Many auction sites allow you to place a visitor counter on your auction pages so you can know how many people view your auction. If you sell many types of products, advertise several items from a few categories.

Minimize Auction Expenses

There are many online auction shops that offer free or low-cost listing capabilities. Some auction sites only take a percentage of each sale while others may charge a fee for each listing whether you sell or not. Those auction sites that offer free listings and/or only take a percentage of each sale are very beneficial to you as a seller. You only pay when you sell items instead of paying high fees just to advertise your products, so you are taking no risk when listing your items. For more details www.auction-professional.com  Though these auction sites may have smaller amounts of traffic than the larger bidding sites, you might find the savings will make it worth your while. After all, auctions are supposed to be “bargain” sites, right?

Some auctions charge a fee AND take a percentage of each sale. These may have more traffic, but the charges add up in a hurry and every listing can become a financial risk when you’re just starting out.

With so many options, you can easily find a one-stop online auction shop that fits your budget and listing needs. Use these tips to find that perfect online auction shop and sell those unwanted items today!

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Online Auctions as Fun & Skill-based Entertainment

January 13th, 2010

Unique Auction Concept

This article is about online auctions and a unique concept that causes the price to go down…not up! The founders of this concept acknowledge that the online social interaction trend is only just starting and this approach to aquiring new products is unique! They claim to have taken the best of the best available and produced skill-based shopping and auction entertainment.

Using unique reverse auctions as well as penny auctions…bidders can aquire new cars,travel,name brand technology items and much more.In reverse auctions the price goes down instead of upward. People ’spend’ a bid credit to ‘reveal’ a concealed price and everytime this happens…the auction price drops!The price drop is a percentage of the value of the bid credit.The balance of the vaue of the bid credit…covers running costs,cost of products,delivery, freight and so on.

How Do These Auctions Work?

With the ‘Penny Auctions’ the price goes up 1 or 5 cents with each timed bid. If the ‘time’ runs out without another bid…the current bidder is the auction winner. However the ‘Bid to Zero’ and ‘Buy before Zero’ mean as their name indicates. The starting price will be at the normal sale price.So with ‘Bid to Zero’…you and others place bids…and the bidder whose bid takes the price to zero…gets the item delivered home for free!

These auction houses run 24/7 and are designed as interactive entertainment…having fun and saving money are the objectives…for the participants. Moving new products is the motivation for those conducting the online auctions.

Name Brand Products

With this auction concept all the products are: 1. Brand New 2. Respected Brand Names 3.Delivered to Bid Winners Freight Free.When you visit the online auctions site you will see some of those top brands in:

1.Technology

2.Electronics

3.Automobiles

4.Entertainment Products

5.Special Ladies Items

6.Fashion & Accessories

You Choose Which Auction House

The several auction houses offer varied ways to have fun while participating in the following online auctions:

1.Penny & Nickel Auctions

2.Bid To Zero

3.Buy Before Zero

4.Unique Bid

5.100% Discount

6.Set price

Charity auctions are planned as well.Each of these auction houses allows you to buy and obtain name brand products at discounts up to 70% -100% off.The ‘Penny Auctions’ can be very quick…because they are on ‘timers’.Mostly they need a bid every 10 seconds to stay active.If the ‘time’ elapses and you are the ‘current bidder’…then you win the auction!

The ‘Buy Before Zero’ auction houses could move along quickly as well…because people will jump way before the price reaches zero.If a $1000 item reaches $500…you might say…’I'll take it now…before someone else does’. ‘Bid To Zero’ auctions on the other hand…go all the way to zero and the lucky final bidder gets the goods for zero dollars.

What Does It Cost To Bid

As an online auctions customer you register online and then…buy bid credits.They are purchased in US dollars of $20,$50 and $100.Also you can purchase $250 at a 15% discount and $500 of bid credits at 30% discount.When you register…you give yourself a username and you use that username to ‘logon’ to the auction site.After you logon…you’ll see on the screen the number of bid credits that you have available.

Then as you place bids on an item you would like to aquire…you’ll see the number of available bid credits reduce.If you win the bidding in any auction house…you pay the actual auction price…except if it is a zero auction…then you don’t pay anything! Delivery is free.

You as a Customer or a Business Associate

To become an online auctions customer and use this unique auction concept…you need to be sponsored-in…by a ‘business associate’.You register free online and to start…you can just purchase $20 worth of bid credits…which is 30 bid credits. A customer can upgrade to a business associate at any time.

People wishing to promote this concept…join as ‘Business Associates’.The majority of people who will use and enjoy this social interaction entertainment…will be customers.However many will also see the potential of the business opportunity available.Business associates need to purchase one of three available packages when they join.Gold,Silver and Bronze packages are available…and you’ll see when you click the ‘join’ button at the online auctions site…that these packages start at $200 (one-time purchase)…which gives a bronze business associate a total of 284 bid credits.

After joining both customers and business associates subsequently pay for bid credits at the same rates and only purchase bid credits as they need them.The growth of the business opportunity is based on the principal of ’sponsor two people who sponsor two people…and it’s free to you’.It is certain…many millions of people will eventually use this auction concept…the savings could be considerably.Therefore it’s likely that the business associates will find this a lucrative business to promote to other people as well as to participate in for there own enjoyment!

My Conclusions

The internet is indeed trending more and more to online social interaction activities! Online auctions in the form outlined above are sure to benefit from these social inclinations. Every new product that winning bidders aquire will be at a heavy discount…or free.Delivery costs don’t apply!The cost for every bidder is the purchase of bid credits.Coming into the ‘Buy Before Zero’ auction house when the price is right for you and into the ‘Bid To Zero’ auction near zero will reduce your outlay on bid credits.

The real time bidding technology is innovative and helps ensure the accuracy of timed bids…as in the ‘Penny’ auctions. Planned support for numerous languages and charity auctions has to be applauded.Also the founders of these online auctions have indicated they will donate 1% of profits to charities such as ‘Save The Children’ and the ‘Red Cross’.Overall everyone is a winner!

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