Making Your Auction Business Stand Out From The Crowd
by Gary Hendrickson
When my sons were growing up they started
playing hockey when they were 6 years old. Each of them, in
their first year, scored more goals than the rest of their team
combined. How did they do this?
Have you ever seen a hockey game between two
teams of 6 year olds? The puck is like a magnet to them. Where
ever the puck goes they follow like a swarm of bees. The game
is one mass of young kids all clustered around the puck,
pushing and shoving each other. It's like a rugby
scrum.
The result of this is that usually the puck
squirts out of the mass of bodies, slides 10 or 15 feet down
the ice, and stops. A few seconds later the mass of bodies
descends on it and the process starts all over
again.
So how did both my sons score so many
goals?
It wasn't hard to score in those games - if
you could get the puck near the net. The goalie was just one of
the kids, and he or she was just waiting their turn to join in
the scrum.
On the way to the rink for each game I
reminded my sons to stay away from all the other players. I
would tell them when everyone gets in a clump around the puck,
don't go near them. Be different. Stay about 10-15 feet away
from everyone else and when the puck pops out, go get it, skate
to the net and shoot.
Many times my son’s team would win by a score
like 12 to 0 and he'd scored all 12 goals. Actually, in one
game the score ended up 9 to 1 and my son scored all 10 goals
(at age 6 it's pretty easy to get turned around and go in the
wrong direction at times).
That same advice can help you become more
successful in your auction business -
BE DIFFERENT!!
As eBay and the other auction sites grow, it
becomes easier and easier to become lost in the crowd. Where
there used to be 13 Elvis Presley "Blue Hawaii" 45's available
at any given time, now there are 78. That hard to find Doric
depression glass covered serving dish the used to appear once
every 4-5 weeks now goes looking for bidders. Not that long ago
there were just a few sellers offering digital cameras. Now it
seems as if everyone is getting into the act.
If you are going to survive and succeed on
eBay you need to stand out from the rest of the auction crowd.
How do you do that?
1. Be more knowledgeable than your
competition
If you want to stand out, seek more
knowledge. Actually this applies to all areas of your life, not
just your auction business.
There are all kinds of great sources of
information floating around - both on-line and offline. All it
takes is just a little time and effort, and you can get a lot
of useful information.
If you sell pottery, it's not hard to become
more knowledgeable about Rosemeade Pottery than 99% of the
other people selling it. Let that knowledge show in your item
descriptions and you will soon have a devoted following of
bidders looking for your auctions.
The more knowledge you acquire, the more
successful you will be.
2. Look down the road
Obviously, we all want and need to make money
this week, this month. But, to insure your continued success,
it's just as important to be continually building your business
for tomorrow.
Build a list and use it. At the very minimum,
your About Me Page (you do have one, right?)should have a way
for buyers and potential buyers to add their name to your list.
I collect aspirin tins. I also sell a lot of them on eBay. Over
time, I've built a list of other aspirin tin collectors. Every
two months or so, I send out a newsletter with 1 or 2 articled
about these little tins along with a recap of the harder to
find ones that have appeared on eBay and the prices they sold
for.
This is just one of 11 different lists of
buyers I maintain. With a little thought you can come up with a
way to use your list, in an unobtrusive manner, that will
benefit both you and your customers.
3. Blow your own horn
Don't be shy. Look for ways to place your
name in front of as many customers and potential customers as
possible. You will find this is probably the most beneficial
step you can take to insure your success.
If you sell antique windup toys, write a
monthly or bimonthly newsletter about them (you're building a
list, remember?). If you offer a quality newsletter about
windup toys, your name will become associated with
them.
If I sold used children's clothing I'd do a
little research and come up with the three most effective ways
to get grass stains out of clothing. Then, with every package I
shipped I'd include an insert with this information on it along
with my name, address, eBay user name, web site address, and a
link where they could add their name to my list.
If you were a young mother looking for good
buys on clothing for your children would they remember me?
Would you seek out my auctions in the future?
There are numerous ways you can promote
yourself. Write articles for collector ezines, a quality
newsletter and web site with valuable information, develop a
e-mail course, No matter what you sell, you should be able to
come up with several different ways to put your name in front
of your buyers and keep it there.
4. Follow the Golden Rule
The auction process should be fun - a win/win
situation for both the buyer and the seller.
Unfortunately, way too many sellers look at
each of their auctions as individual battles to be won. They
treat every bidder as if he or she were the enemy.
It may seem like there are an unlimited
supply of bidders out there, but there isn't. Believe me,
bidders do communicate among themselves. I communicate with
several groups of bidders (some several hundred people strong)
with similar interests.
Be obnoxious or rude with one of these and
you haven't just lost one potential customer in the future,
you've lost several hundred. You can't do that too many times
and remain in business.
Conduct your business with class. Have fun.
Enjoy the people you deal with. Your life and their will be
enriched many fold. It takes time and work to build a good
reputation. Putting your name in a bad light can tarnish or
ruin that reputation forever.
Treat every customer with honesty, respect,
and friendliness. Isn't that the way you'd want to be
treated?
Gary Hendrickson has been making his living
selling on eBay for more than six years. He's the author of two
eBay related ebooks, has a blog for eBay sellers, and is the
owner of ColdItems.Com.
ColdItems.Com
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