Auction Tips

Discussion in 'GR Classic Archive' started by Andrew, Jul 10, 2005.

  1. Andrew

    Andrew Well-Known Member

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    Posted by Llam..added my part of it in the bold part.


    Here are some tips for creating successful auctions:

    - Always set a minimum bid increment. This will ensure that you will not get people who bid just 1 credit over the previous bid, which will increase the length of the auction.

    - Set a definate auction closing time. Some people only like to join the bidding process near the end of auctions, so if an auction closes earlier than expected, you may miss out on a few bids.

    - Don't make your auctions too long. People will lose interest or avoid bidding at an early stage if your auction closes in a couple of days time.

    - Avoid creating clauses such as "I won't sell unless I get an offer I like" if possible. This can put many people off bidding.

    - Be clear with your auction rules, type it out clearly, and make sure its easy and simple to follow. An auction w/ complex rules, and bad grammer will most likely not get as many bids as an straightforward, easy to follow auction.
    Some example rules include:
    a ) No withdrawing bids
    b ) No reselling the auctioned item
    c ) Do they have rights to the PSD, etc?


    Just a part i thought i might be useful...

    BFTP
     
  2. MayurP

    MayurP Well-Known Member

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    wow thanks for the tips. i can use this on another forum that i visit alot. im always auctioning stuff off in there. +rep for ya ;)
     
  3. Andrew

    Andrew Well-Known Member

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    Those were posted by Llam, bro...

    The only part i added was the bold part..sorry i thought that was clear =S

    BFTP
     
  4. MayurP

    MayurP Well-Known Member

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    well i mostly liked the bold part. cus on the other forum everyone always gets bid happy then they retract their bids which always pisses me off. and i never thought of making a rule of no retracting bids. its going to help me alot to sell my domains. so ya still got your +rep ;)
     
  5. Andrew

    Andrew Well-Known Member

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    Same thing happens here in Auctions, its why i try to get people to make it a rule in their auctions.

    BFTP
     
  6. Llamaman

    Llamaman Senior Member

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