Participate in Live Online Auctions

What does it take to participate in live online auctions, and how does doing so make your life easier? It helps to understand that an online auction is not the same thing as an auction site such as eBay or Overstock; you are actually involved in a real auction, as it takes place, no matter where it might be held.

Bid Online for Convenience

There are many items for which you can bid online in live proceedings. You can bid on everything from office equipment to fine antiques. That means that if your business needs something or you are a collector, you can find an auction that is designed with your interests in mind.

The great convenience of an online auction is that you save time, money, and frustration. If you have ever attended an auction far from home, you already have an understanding of just how much is involved in bidding in person. You have to travel to the auction site, spend time waiting for the auction to begin, bid against others, and hope that you win.

If you are fortunate enough to place the highest bid, you still have to ship your items and travel back home. Once you add in the costs involved in traveling, the loss of productivity, and potentially food and lodging, losing an auction can be doubly painful. By participating in a virtual sense, you eliminate all of the additional factors and can focus on simply bidding.

On the Internet Live Auctions are Really Live

If you have never taken part of a live internet auction, you will be pleasantly surprised. The process of being approved is painless and quick. Find an auction in which you are interested, apply for approval from the auction house, and plan to be available when your lot is being auctioned.

Check in to the auction about 30 minutes before you expect your lot to be auctioned and view the auction proceedings online. When your item is presented, you bid on your computer and the auctioneer will see your bids and include them just as if you were present. If you win the item, then shipping arrangements can be made. If you don’t win the item, you haven’t spent time and effort attending.

Finding the Items You Want

It really is rather simple to find what you want to bid upon. Once you have registered with your online auction house, all you need to do is browse through their online catalogues or do a smart search; look for a specific item you desire or enter a more general term and see what appears. Either way it won’t take you long to discover something that might be of interest.

Once you have found an item, click on it and investigate it more closely. You can read the detailed description, view the pictures, and even send questions directly to the auctioneers. You can rest assured that you are going to get exactly what you bid on because online auction houses maintain extremely high professional standards.

With live online auctions you no longer have to pass up opportunities to get what you want or need because of distance. The Internet now allows you to participate in any auction that interests you, anywhere around the world, with a few clicks of the mouse.

Three Reasons to Bid Online – Auctions Are Waiting

If you are an avid auction participant, the idea of taking your interest to the Internet may seem strange. After all, why bid online? Auctions are supposed to be attended, right? Well, yes and no. There is more here than meets the eye.

Convenience versus Attendance

No matter what you collect, from antique silver to sports memorabilia, sooner or later there will be an auction which you desperately want to attend, but can’t. It might be distance that prevents you from getting to the auction, timing, or even a previous engagement, but with online auctions, it just doesn’t matter.

Once you have registered and received permission to bid on a particular auction, you don’t have to be there. You can sit down at your computer, stream the auction live, participate, bid, and triumph without setting foot outside your home. This is particularly wonderful if the auction is taking place several states away. You don’t have to spend a ton of money for travel only to end the day empty handed.

Absentee Bidding Online

Of course, if the real problem is that the auction is taking place when you have another engagement, live bidding won’t work. For this there is absentee bidding. The concept isn’t new – people have used agents at auctions forever – but you never really know if your agent will represent you accurately.

With new software, you can look through an online catalogue, evaluate what you wish to bid upon, and place a maximum bid well in advance of the actual auction. You can do all of this when you have the time and can make a good, rational decision.

Later, when the auction takes place, you have the assurance that your bid will be raised to your maximum limit, automatically. You can check in when you are free to see if you won your item; if successful, shipping arrangements are made and your prize will arrive in due time.

A Broader Selection

If you are like most collectors, you are very much limited by geography at this point. You can plan to attend auctions that are out of state or far away, but it involves a lot of effort. Finding out about smaller auctions may not even be possible. With online auctions you can find out about any advertised auction, browse the catalogue, and make your decisions in leisure.

By accessing more auctions, as you do online, you have a better chance of seeing something special. Your auction house isn’t limited to just the merchandise it has in stock; it can connect and coordinate with many other vendors, providing you with a better selection.

Secure and Safe Transactions

We all hear about security issues that crop up with online purchases – you don’t have to worry when you participate in online auctions. Your information is processed with 128 bit encryption to protect your data from any prying eyes.

Once you take a look at just how many auction houses are turning to online bidding, the advantages will become even clearer. With the convenience, selection, and flexibility offered, it won’t be long before you want to try bidding yourself. Online auction bidding is the best way to expand your collection.

What Are the Advantages of Hiring an Online Auction Service Provider?

Online auction service providers are doing wonders to non-profit organizations and cause marketers. Their solutions are internet based. Hence, they are free to use and do not require any set-up fee or monthly subscription charge. Online auction service providers help to arouse maximum interest on your items for auction. Any auction-related news can reach out to the global audience, easily, 24×7. The online auction service providers also enable instant promotion of your items on Facebook, Twitter, and such other popular social networking sites.

Some key advantages of hiring an online auction service provider include the following:

Creation of Multiple Auction Sites

They help you set up as many auction sites as you want. You can easily launch an auction with set prices. Non-profits can also upload different banners and imagery on their site using a web-based auction platform.

Customized Solutions

The web-based auction service provider offers customized solutions to promote a particular auction to supporters, while using a dedicated domain name and preserving your brand identity.

Easy Accessibility

The online auction service providers offer a site toolbar that is accessible from any page on the site. It contains the name, logo, and information about the organization. It also provides a link to an existing organizational website.

Seamless Integration into Web or Social Media Platforms

Online auction platforms also enable seamless embedding of auction interfaces into third-party websites and blogs. In this way, they maximize your site’s exposure by simultaneously importing information on social media platforms, such as Facebook.

Secure Payment Management Solution

The system provides diverse payment options to the buyers of auction items. You can pay using your credit cards, PayPal, and so on. The PCI-compliant payment management solution offers multiple gateways to provide you the highest security.

Easy Accounting Service

The auction service providers feature an integrated accounting solution to process funds in multiple currencies. They include a fully integrated mechanism for managing auctions, both live and silent.

High Visibility

Your site is expected to get maximum exposure once you start using any of the online auction platforms. Potential bidders and buyers will get to view your auction items 24×7. Besides, the platform also helps the auctioneers connect with the bidders online.

Option of Uploading Videos

The Cloud-based auction platform features pre-recorded promotional video presentation capabilities. You can upload videos to promote a charitable cause to individuals and companies.

Thus, the online auction service provider brings in a user-friendly platform to connect and interact with the bidders. They enable the clients to raise funds through the auction of items and extend their reach to supporters outside their immediate audience.