Selling through Auction Marketplaces

Consumers are increasingly feeling more comfortable to buy
products through the Internet network. According to a report published
recently by the Commerce Department, retail sales in first quarter
increased 23.8 percent to 19.8 billion U.S. dollars in the U.S. since
$ 16 billion a year ago. E-commerce during the first
quarter of 2005 increased 6.4 percent over the fourth quarter of last
years. Forrester Research estimates that in 2005 online retail sales
increase at a rate of 22 percent. Today, one third of all
households in the U.S. make at least one purchase online within a year,
a figure that will rise to nearly 40 percent by 2009, provides
Forrester. As a seller, this strong growth of online sales means
you have to put considerable stress on your sales on the Internet
endeavor, even if they do not.

According to statistics compiled by the Top Internet Retailer
400 Guide, the leading online retailers in 2004 has been combined
sales of more than $ 51 billion, representing 58.3
percent of sales on the Internet throughout the United States. The growth of online sales is
quite impressive for large retailers. J.C. Penny Co. Inc., for
example, recorded a 35 percent year-over-year increase in online
sales in the month of May 2005. May new initiatives on-line have the same type of
significant growth? Unfortunately, no!

Every day there are thousands of new companies are setting up
shops on the Internet trying to sell every imaginable type of
products and services. Most of these websites do not attract
visitors enough to make them profitable. Competition in the
Internet is fierce! Internet marketing campaigns are becoming
increasing expensive. Many small businesses can not afford to spend
money to promote their sites. So, what are the options
available for a small company with a modest range of products to thrive
on the Internet? One of the best sales channels, in my opinion,
on the Internet is by far the auction markets. Of course, no
matter what, you will still need to promote your web site with all the
methods you can master. However, selling your products and
services through established auction markets has its own
advantage.

eBay

With 63.8 million unique visitors hitting the auction site only
in April this year, eBay has established itself as the largest
marketplace on earth. In 2004, only U.S. $ 34.2 billion worth of
merchandise trade hands on eBay. Currently, the site has
about 135 million registered users in 32 markets around the world.

With a large community of buyers and sellers, eBay should be
the number one choice for selling your products or services
in line. On eBay you can sell any type of item. The varieties
fabrics of people are selling through eBay is shocking! A
any given time there are over 29 million items displayed on eBay.
The number of new articles added each day exceeds 3.5 million.
However, still many offline sellers perceive eBay as an auction
site for more collectibles. They can not be more wrong! The
best-selling category on eBay is, believe it or not,
automobiles and accessories, including a nearly 22 percent
of all sales. I, personally, bought three luxury cars more
Over the past two years through eBay and I have nothing to
complain.

As a seller on eBay, the biggest advantage is that you gain
the possibility of becoming a local dealer to a
at the international level during the night. If you are already selling
merchandise to consumers online and offline, eBay gives you a
additional sales channel at no additional cost. If you
planning to start selling goods or services through the Internet,
eBay allows you to start your online business quickly and with
minimal cost.

Yahoo

You may have trouble imagining the biggest portal on our
planet as a market, in some countries, like Japan and
Canada, Yahoo auction is, in fact, doing better than eBay. In
The U.S. market Yahoo has just announced its intention to eliminate
fees charged for using its auction site. This is good news for
many eBay power sellers. Some of them will surely move
to Yahoo in an effort to save on high fees charged by eBay. The good
What Yahoo is slowly becoming an important hub for many
small business web stores. As a matter of fact, according
Yahoo, every eighth online store is now hosted by Yahoo.

Amazon

Amazon may not be as popular as eBay or Yahoo in regards
auction marketplace is concerned, however, many argue auctions
Some products sell better than any other Amazon
auction market.

Why you should consider selling through auction markets?

Here are some reasons why the markets are vital auction sales
channel for businesses:

or auction markets are very popular and each of
them have large communities of buyers and sellers.

There is no or virtually no start-up cost involved.

Ø There is no additional overhead is required.

To you, I really do not need to create a website to start
sale.

Ø Easy to learn.

While determining what to sell by auction markets,
Choose your products carefully. Do not try to sell products
as DVDs, mobile phones and similar common objects. Are so
Too many people are trying to sell these products. Do your
research before jumping into online auctions. Go through the
categories of your choice. See how your competitors are doing.
See the lists of items sold. For how many products
you are always going to list sold for? Which of your keywords
potential competitors used to market these products? On
auction site these products sell best?

Vai with the trend! Travel, cosmetics and jewelry sales are
should do better than other categories of e-commerce
next year. In each category of goods and services
find a niche, which is doing quite well. All you have to do is
find that niche doing extensive research and thorough!

Sell ​​through the auction marketplace like any other business
process requires discernment and careful planning. Be sure to
use before starting your online sales.