How To Organize An Auction

Table of contents:

How To Organize An Auction
How To Organize An Auction

Video: How To Organize An Auction

Video: How To Organize An Auction
Video: How to Organize an Auction to Satisfy Debtors 2024, November
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The organization of online auctions allows you to attract a large number of interested people, thereby creating competition between them and conducting auctions online. A lot is put up for sale and its initial value is determined, after which the interested circle of persons begins to increase the rate for the lot one by one, thereby redeeming the goods, which ultimately goes to the one who set the highest price. Considering that there are practically no Russian-language online auctions, this type of business can be quite promising, successful and promising for any entrepreneur, especially since it does not entail large waste and significant investments.

How to organize an auction
How to organize an auction

It is necessary

  • - A site that will technically meet your needs, that is, the engine will be written specifically for the electronic auction.
  • - An electronic wallet in one of the Internet payment systems, as well as an additional agreement with the company that provided you with such a wallet.
  • - Permission to trade, that is, for example, the presence of a certificate of state registration of an entrepreneur engaged in this kind of activity.
  • - An agreement with a courier or courier service, which will ensure the delivery of goods, if it is carried out within a certain locality.

Instructions

Step 1

Decide for yourself whether you will sell the product yourself or be an intermediary between the seller and the buyer. In the first case, all the income will go to you, and your auction will work on the principle of an online store, and in the second case, you will earn a percentage of each transaction or the payment that sellers will make using your platform to display their lot.

Step 2

Contact a website building firm and order the development of an online auction engine. Remember, a standard site for such an event will not work, here you need to take into account many nuances and only professional programmers can make such a site.

Step 3

Choose a payment system after reviewing the services of each of them. Here you should give preference to the most demanded, and possibly several at once. You will need an interactive wallet in order for buyers to deposit money for the purchased lot.

Step 4

Think over the methods of delivery of the goods. This can be a courier, mail, personal transfer, etc.

Take a photo of your lot or several. It is advisable to take a photo from all sides so that the buyer can fully evaluate the product.

Step 5

Place the lot on the site, indicating its initial value.

Step 6

Find a circle of stakeholders and invite them to the auction site. To do this, you can order a simple mailing list with a description of your site and product, which will be sent to the addresses of legal entities or individuals, attracting people to your site.

Step 7

Remember that the auction will usually be in demand at an attractive price or unique items that are difficult to get in regular stores.

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