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All Press Releases for January 16, 2002 Subscribe to this News Feed    
 

Online Auction Seller Profits Shrink

Since Sept 11 the online auction community has taken a major profit slide. In this new economy the Auction Community must take major steps to maximize the online profits.

Online Auction Seller Profits Shrink

Since Sept 11 the online auction community has taken a major profit slide. The reasons are uncertain. Obviously the economy is in a downturn. One would think however that this is just what the Auction Community needed to attract more visitors looking for a bargain. More customers don't seem to be the cure.

In this new economy the Auction Community must take major steps to maximize the online profits. This can be addressed in several areas.

1. More people must see and bid on auction items.
2. The seller must minimize Online Auction expenses.
3. The seller must be more time efficient so that the effort to launch and Auction is small and more items can be sold at any given time.

A recent three-year Online Auction survey conducted by Charles Wood, at the Mendoza School of Business at the University of Notre Dame in Indiana and colleagues at the University of Minnesota that reveals that a new approach to Selling on Online Auctions is needed.

There is new service for both the Online Auction seller and buyer, which have recently been launched that addresses each of the above points to help get profits back on track.

The Auction community has been plagued with service charges that are outrageously high. Pay for auction assistance services costs have skyrocketed to $15 - $49 per month. This new site, Auction Essentials 4U has a service that offers affordable auction assistance. These services equal user values achieved by the pay for solely the user community controls service groups, however, cost.

Auction Essentials 4U offers their services for free. They request only a monthly donation for use with the expectation that the auction community will donate sufficient funds to allow these services to be freely available to the auction community.

Auction Essentials 4U services run the range of assistance for Ad Creation, Image Modification, Image Hosting Auction Management, Item Research and How To Tutorials.

These services are available with both online and off-line software tools. All these services are available with no obnoxious advertisement. http://www.auctionessentials4u.com is founded on a novel concept that their user community will see significant value to contribute toward keeping the services rendered freely available and growing in value by their support.

Using Auction Essentials 4U, the user community can save up to 90% of Auction cost, preparation time and increase seller profits at the same time.


Contact Information
webmaster@auctionessentials4u.com


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Robert Paratore
Auctionessentials4u.com
206-353-6666
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