CampusAuctionMarket
Auctions
|
 |
Selling Items on CampusAuctionMarket
This page outlines the process of listing items for sale, and managing your
auction items during and after the sale. Our site features auction software
that has many extra features that will allow you to easily manage and promote
your listings.
Listing Fees and Commissions
Currently there are no fees apply when listing and selling an auction item on CampusAuctionMarket.
There are no fees charged for placing an item for sale on CampusAuctionMarket,
or for re-listing it should it fail to sell. There are also no fees charged based
on the final sale price reached in the auction.
Listing an Auction Item:
Items are listed in your members area, and may be listed in one of 2 methods.
You may list items individually with the List Item link, or you may also
upload multiple auctions at once in the Seller Tools section. For uploading
auctions, see the separate instructions.
Each auction item contains for following information:
Category:
Choose one category from the drop down list in the List Item form, or provide
the category number in your upload file. If you would like an additional
item, you may request it from the admin
.
Title:
Accurately describe your item with a title that can be up to 120 characters
long. Good titles will attract attention and help to SELL your item!
Quantity:
Either 1 or more items may be sold at the same time. Multiple quantity (Dutch
auctions) must be for the exact same item.
Description:
Your description is most important to describing your item and answering
potential questions for the buyer. HTML is acceptable.
Image:
You may upload images with the List Item form, or link to an image on another
website by providing the complete URL to the image. When linking make sure
to use a complete URL beginning with http://. If you aren't sure of your
image URL, copy what you have typed into a new browser window and see if
your image appears. If it doesn't, check your path and file name, as they
are case sensitive in most cases.
Selling Price:
Selling Price is the price the bid must reach for the item to be considered
sold. In a non reserve auction, the Selling Price will also be the starting
bid. All figures are in Canadian Dollars.
Reserve Starting Bid:
This is optional and left blank for Non Reserve or Regular auctions. Entering
a price in this field starts the bidding lower than the Selling Price and
hides it. Bids will be accepted at the Reserve Starting Bid, but must reach
the Selling Price to be considered sold. All figures are in Canadian Dollars.
Buy Price:
Not available with Dutch Auctions. This amount must be at or higher than
the Selling Price, and if a bid reaches this amount it will end the auction
immediately and the item will be considered sold. All figures are in Canadian Dollars.
Shipping and Payment Terms:
Boxes are provided for you to enter your Shipping and Payment Terms. HTML
is accepted here. You may also set defaults for this form in the Settings
and Messages sections of the Seller Tools menu.
Ending Time:
You may select a day and time your auction will end from the drop down box
on the List Item form.
Featuring and Extras:
You may increase the exposure of your auction item by Featuring the auction,
or adding bold text for display. Additional fees will apply.
Saving and Starting Auctions:
Once you have completed the listing form you may start your auction immediately,
or save the auction for later. Saving the auction for later will allow you
to prepare auctions in advance. Saved auctions are accessed from the Seller
Tools menu, and my be sent to auction in groups.
Settings and Messages:
As mentioned above you may set your default Shipping and Payment terms in
the Settings and Messages section of the Seller Tools menu. You may also
add a note to buyers which is included in the bottom of the winning
bid notice. Here is where you should be including instructions further explaining
your payment and shipping policies to the buyer so the transaction my be
concluded swiftly.
When Your Auction Ends:
When your auction has ended notices are sent out to winning bidders. Notices
are sent once per day, approximately at 1 AM EST. We do this so that we can
combine multiple winners into one notification. The buyer and seller will
each receive an email with the list of auctions won, and auctions that did
not meet the reserve, and the payment instructions provided by the seller.
Purchases/Sales Area
Your members area has a very handy section called Purchases/Sales where buyers
and sellers can go to view the winning bids. Copies of the email invoices
are kept there, and links are provided to make it easy for contacting the
other party. This is also the section where Feedback can be left for another
member, relating to a particular transaction.
Relisting Auctions:
An auction may be relisted once it is over and notices have been sent. From
the Seller Tools menu choose Relist Closed Auctions. You may view your sold
and unsold auctions here, and relist in groups or individually.
|
