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Online Sales ideas: Auction or Buy It Now?
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[QUOTE="King bell, post: 278179, member: 75687"] If you are planning to sell items online, you will need to decide whether to use an auction format or a "buy it now" format. Each has its own advantages and disadvantages. Auction format: -Can generate a lot of interest in your items -Can result in higher prices for your items -Requires more work on your part to list and manage the auction -Buyers may be less committed to purchase an item if they can back out at any time Buy it now format: -Easier to list and manage your items -Can attract buyers who are specifically looking for the items you are selling -May result in lower prices for your items -Buyers are committed to purchase the item when they make an offer. [/QUOTE]
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Online Sales ideas: Auction or Buy It Now?
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