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Category: Articles » Shopping » Auctions » Article » Article Code

3 Unusual Formats For Auctions on eBay

eBay users are accustomed to only two "standard" formats for sales on eBay: either the 'regular' auction which involves bidding and waiting; and the Buy It Now, which is an instant purchase. But there are three other formats that are less well known. 1. Live Auctions Before eBay, the traditional auction included live bodies in chairs and an auctioneer up front (talking so fast he was frequently unintelligible). Any buyer can still participate in these live auctions via eBay. Live auctions are a hybrid - a buyer is 'sort of' present in a live setting yet is ... read more

Article Title:

Article Body:

eBay users are accustomed to only two "standard" formats for
 
sales on eBay: either the 'regular' auction which involves
 
bidding and waiting; and the Buy It Now, which is an instant
 
purchase.

But there are three other formats that are less well known.

1. Live Auctions

Before eBay, the traditional auction included live bodies in
 
chairs and an auctioneer up front (talking so fast he was
 
frequently unintelligible). Any buyer can still participate
 
in these live auctions via eBay. Live auctions are a hybrid
 
- a buyer is 'sort of' present in a live setting yet is at
 
home using an Internet connection.

The products for sale are usually expensive and unusual.
 
There are such items as expensive and unique coins, Asian
 
art, native American artifacts, incredible jewelry, costly
 
furniture, memorabilia from major sports stars and even
 
history. Today, for instance, there are documents signed by
 
John Quincy Adams, Andrew Jackson, James Madison and Ulysses
 
Grant (he confides that he was strenuously opposed to the
 
"wicked" war with Mexico).

If you choose to participate in a live auction, be certain
 
that you register first because you can't just drop in on a
 
whim.

You can find all the details here:
 
http://www.ebayliveauctions.com

2. Private Auctions

Private auctions are similar to the typical auction that
 
we're all familiar with except for one detail - the
 
identities of the bidders are kept secret. Only the seller
 
has access to the names.

Why would anyone create a private auction? It's usually for
 
one of three reasons:

* The item is quite expensive and buyers might be
 
uncomfortable having others know they can afford such
 
merchandise. Their concern about their financial status is
 
most likely misplaced because it is quite possible to
 
distance yourself from eBay contact information, but much of
 
selling is about perception.

* The buyers might be embarrassed by the nature of the
 
merchandise.

* Some sellers habitually use private auctions to make it
 
harder for their competition to snoop on them.

3. Restricted Access Auctions

This is usually for sales of "adult" items. The main purpose
 
is to prevent children from seeing this kind of merchandise,
 
and is similar to having covers on racy magazines at store
 
checkouts.

To bid on these items, the buyer must:

* Be 18 years old

* Must have supplied credit card information to eBay.The
 
theory is that no one under 18 can get a credit card and
 
therefore cannot get into these sections.

* Agree that he is voluntarily accessing restricted access
 
auctions

In addition, restricted auctions are excluded from the
 
Featured pages. So if you are a seller using this format,
 
your listing will be harder to find.

Even though they are less well known, these three formats
 
for auctions on eBay still account for tens of millions of
 
dollars in sales each year. If they suit your business
 
model, you might consider them.

Author Bio:

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