Auction Online | BidGuru
-
Upload
divyamrajput -
Category
Presentations & Public Speaking
-
view
14 -
download
0
Transcript of Auction Online | BidGuru
![Page 1: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/1.jpg)
AUCTION
ONLINE
![Page 2: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/2.jpg)
An online auction site also reduces the distribution cost of a product.
It can be stored at one place till it is ready for shipping.
![Page 3: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/3.jpg)
It will also reduce the packaging cost of items for distribution to intermediaries such as retail stores.
It will also protect goods from damages and keep them safe.
![Page 4: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/4.jpg)
Online auction also helps small businesses to sell their seasonal, discontinued or damaged goods often with profits and eliminate the inventory expense to store them.
![Page 5: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/5.jpg)
Online auction sites also help new organizations that offer new products and it becomes easy to set a market price
based on supply and demand.
These services make the selling and buying more quick by preventing buyers and sellers from becoming
intermediary.
![Page 6: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/6.jpg)
![Page 7: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/7.jpg)
Online auction sites open the door of universal markets for small businesses and help to expand global market.
That is nearly impossible to achieve via normal marketing
channels.
![Page 8: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/8.jpg)
A good online auction site must have the global payment and shipping option.
Commercial sites support international sales.
![Page 9: Auction Online | BidGuru](https://reader031.fdocuments.us/reader031/viewer/2022030304/5878d8041a28ab917a8b67b7/html5/thumbnails/9.jpg)
They offer a typical stage where purchasers and venders can offer or offer pretty much anything.
It present awesome chances to business customers alike.