Author:
Daniel P. West
On:
November 26, 2019
Categories:
Auction Marketing,
Best Auction Practices,
AuctionMethod
While managing the @EveryAuction Twitter account, I came across @DoeandHope, which is the handle for Doe & Hope, a seller of rare and unusual antiques. Although they are based in the historic medieval village of Blunham, England, they have managed to...
More Favorable Context A feature of online-only internet auctions that is easily missed is the big difference in context between internet auctions and traditional open-outcry events. No matter how much time and energy the auctioneer puts into presenting items...
Lot-sizes are one of the key decisions affecting the outcome of an auction. Small lot-sizes tend to induce bidder competition and yield higher selling prices, particularly when dealing with a variety of assets and those that appeal to wide audience. However,...
WordPress uses a concept of Roles, designed to give the site owner the ability to control what users can and cannot do within the site. A site owner can manage the user access to such tasks as writing and editing posts, creating Pages, defining links,...
Software as a service, otherwise known as SaaS, is fast becoming a popular choice for businesses when it comes to setting up applications for all to use over the internet. Since the concept of SaaS is a little abstract to grasp, let’s elaborate a little about...
Episode #15 of the AuctioneerTech Podcast, hosted by Aaron Traffas from PurpleWave, was a conversation on Google Hangouts with Russ Hilk from WaveBid, Dwayne Leslie from Global Auction Guide, and myself. We discussed the different marketing services each of...
For a variety of reasons, sellers often seek to protect their interests at auction by specifying a predetermined price that bidders must reach before the auctioneer is allowed to sell. Sometimes that price is known to bidders as a minimum opening bid. In...
The consignor feature has been upgraded. Following is a description of the changes. The upgrade is optional. If you would like to use it, here are the changes you will see. 1. There is a new interface for managing consignors that you can access via a...
We have been updating our reporting features, as you may have noticed. So far we have updated the reports Auctions, Invoices, and Auction Customers. This was our first pass at these. We will be fine tuning the new reports as time goes by so if you have any...
The re-seller certificate functionality has been improved with the following changes on the admin tab of user accounts. This new functionality is optional, so if you would prefer to continue using the current system, just let me know. After you enter a tax...
When I first started conducting online-only auctions back in the late 1990's, my company did not bother qualifying bidders before allowing them to participate in an auction. The system was wide open - users didn't even have to provide a legitimate email...
It's no wonder that so many auctioneers want to get in on the business of bankruptcy auctions. When consumers and businesses file for Chapter 7 bankruptcy protection, they often have assets that need to be liquidated at auction for the benefit of creditors....
If you thought YouTube was just a hosting and streaming service for your auction videos, think again. YouTube is the second largest search engine, next only to Google. Every video you post to your YouTube channel can be indexed or tagged, which increases the...
Back when ESA was first getting started, I was incredibly pleased when we received permission from the fine folks over at Hake's Americana & Collectibles to republish their email announcements. After all, this is one of the nation's largest and most renowned...
Today we have a special treat for you stamp collectors out there. Somehow Fairfield Auction, billed as Connecticut's leading auctioneer of antiques & fine art, managed to get their hands on some really cool U.S. Official Postal Stationary. They are selling...
Hello auction fans and friends of AuctionMethod. Today we posted 21 auction announcements to EverySingleAuction.com. Among them were newsletters announcing the upcoming real estate auctions of trophy properties that I hope to be able to afford one day. There...
It is always fun to get new newsletters about classic car auctions at ESA. Companies like Leake Auction Company and Dan Kruse Classics always put pictures of their best cars in their auction newsletters. Judging by the amount of interest in their auction...
Author:
Daniel P. West
On:
November 26, 2019
Categories:
Online Auctions,
Best Auction Practices,
AuctionMethod
Image courtesy Lotus Head The AuctionMethod platform makes extensive use of credit card functionality. Credit card data is an integral part of the invoicing system, which allows users to pay for their purchases online. It is also used to authenticate users...
Author:
Daniel P. West
On:
November 26, 2019
Categories:
Online Auctions,
Best Auction Practices,
AuctionMethod
Whether you're a traditional auctioneer or an online auction company, chances are that you have encountered a bad bidder or two at your sales. What motivates these malcontents may vary greatly, but the one thing that unites them all in common is the trouble...
Author:
Daniel P. West
On:
November 26, 2019
Categories:
Online Auctions,
Auction Marketing,
Best Auction Practices
A few days ago I was discussing AuctionMethod's new social media management program with Samuel West, a doctoral student at the University of Lund in Sweden who specializes in the research and application of "adult play as a facilitator of creativity in an...
Author:
Daniel P. West
On:
November 26, 2019
Categories:
Online Auctions,
Best Auction Practices,
AuctionMethod
One of the great advantages of selling by online auction is the ability to automate many of the processes required to support the sales. Through automation, companies reduce labor costs while improving the quality and accuracy of their work. Unfortunately,...
Author:
Daniel P. West
On:
November 26, 2019
Categories:
Online Auctions,
Site Updates,
AuctionMethod
As a software development company, we are committed to building new features for the AuctionMethod platform that are responsive to the needs of our clients. Since the platform is provided using a SaaS (Software as a Service) model, we are able to accelerate...
I recently wrote a LinkedIn post about sharing content created by the competition that generated a decent amount of interest, so I thought I would take it a step further by providing links to resources. The information is good for anyone that is interested in...
Interesting news, cool links, social commentary, and a large devoted audience. That's Reddit in a nutshell. Billed as “The Front Page of the Internet”, Reddit defies the nutshell and is so much more than words can describe. There are many reasons to love...
One thing I have never liked is using software that mostly meets my needs, but not quite. I shouldn't have to change the way I think to get my job done. At AuctionMethod we strive to make sure our customers never have to live with that kind of a limitation. ...
Author:
Daniel P. West
On:
November 26, 2019
Categories:
Online Auctions,
Site Updates,
AuctionMethod
Auction consignments are big business. For some auctioneers, it's their only business. Whether you occasionally accept consignments or make your living off of them, you need a solid system for managing consignors and the items they consign to your auctions....
When it comes to auctions, time is always of the essence - auctioneers have a need for speed in all aspects of their business. This includes pre-auction preparations, when the auctioneer and their crew prepares, inventories, and photographs items for the...
I was browsing social media on New Year's Day when I came across a new blog post by Mike Brandly. For those who are unfamiliar, Mike is a professional auctioneer and a thought-leader in the industry. He teaches and often writes about auction law and customary...
The auction is over. The buyers have all paid and picked up their purchases. Now it is time to reconcile with consignors and issue payouts. The consignors want their money as soon as possible, backed by an accurate statement for the sale of their...