99auction.com tutorials - #001 - Why sell through online auction ?

Hi, I want to share my experience during my 6 years of online auction selling. Hope the information is useful to you.

#001 - Why someone choose to sell through online auction ?

There are a lot of ways to market your products. But why it is through online auction?

First consideration, why someone choose to sell online?

1. Cost - Sell online is considered one of the cheapest way to sell. So you can save a lot of costs on shop space, advertising on traditional media (newspaper, tv & etc), man power. The savings will lead to high profit and reduction of price for better competition.

2. Time - there is no time restriction to sell online. You can have your sales 24 hours a day, 365 days a year, non stop.

3. Exposure - you can expand your customers base with no geographic restriction. You can sell to anyone at anywhere in the world.

4. Silent or passive income - you are not only earning from online sales. In addition, you can have silent / passive income also. Online advertisement is one of it. You may add some pay per click ads to your website. Then, if someone click on it and you'll earn some money. If you have set up a successful website with hugh traffic, congratulation to you, you'll be a rich guy soon.



(to be continued when have time)

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