Auction Strategy and Best Practices 

Auction strategy tips and best practices to improve bidder engagement and boost online auction performance.

 

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Consignor Contracts: A Practical Checklist For Auctioneers

Getting seller terms right protects your business and builds trust. Here is a plainspoken guide to what belongs in an auctioneer-consignor agreement,...

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How Estate Auction Marketing Starts with the Item Itself

We all know the old saying: every object has a story. But in the auction world, the better version is: every object is a story - if you tell it...

proxy bid auction

What Is a Proxy Bid Auction?

If you're a professional auctioneer, liquidator, or asset broker exploring online sales, you've probably heard the term "proxy bid auction." It's a...

Stack of books with gavel for intellectual property auctions

Lessons from 23andMe’s $256M IP Auction

The recent $256 million sale of 23andMe's assets to Regeneron offers valuable insights for auction professionals about the evolving landscape of...

How to Launch a Hyper-Local Online Auction Business

The Hyper-Local Auction Advantage The online auction space is booming, but not all growth comes from large, national platforms. A new breed of...

When to Use Soft Close Groups in Your Online Auction

One of the most important decisions you’ll make when setting up an online auction is how your lots will close. In most online auctions today, soft...

Winning Big with Small Budgets: Guerrilla Auction Marketing

When I was an auctioneer at West Auctions, I learned quickly that big marketing budgets aren't always the answer. Sure, traditional advertising works...

Timing Strategies That Boost Online Auction Success

Getting the timing right can make or break an online auction. At AuctionMethod, we’ve worked with hundreds of auction companies over the years, and...

How Gamification Can Power Engagement on Auction Platforms

If you're in the auction world, you've likely asked yourself: How can I get more people to engage, bid, and come back for more? The answer may not be...

How Auction Companies Can Decode Competitor Marketing

Ever feel like a competitor is everywhere at once? Their ads follow you around online. Their branding feels polished. Their auctions show up in all...

The Psychology Behind Usernames in Online Auctions

When it comes to running successful online auctions, every detail counts - including how your bidders are identified. At AuctionMethod, our auction...

Why Independence Matters in Today’s Auction Industry

Over the past few years, we’ve all seen massive mergers shaking up the auction industry. Established names are joining forces with tech platforms at...

Invoice Autopay: Why Auction Companies Should Automate Payments

Managing payments efficiently is crucial for any auction company. With Invoice Autopay from AuctionMethod, you can automate invoice payments, reduce...

A sticky note on a calendar that reads

Improve Buyer Pickup with the AuctionMethod Pickup Scheduler

The Pickup Process Problem: A Free-for-All Approach Auction day is exciting, but pickup day? Not so much. Many auction companies simply set a removal...

Winning the Chargeback Battle: A Guide for Online Auctioneers

As an online auctioneer, you know the thrill of a successful sale. But there's nothing quite as deflating as seeing that sale turn into a costly...

King of the Hill, winning bidder at simulcast real estate auction

Simulcast Real Estate Auctions Strategy and Psychology

In the world of real estate, the auction method of marketing has proven to be a remarkably dynamic, efficient, and effective way of selling...

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Taking Control of Your Auctions: The Whitelist Feature Explained

Auctions are a time-tested method for selling everything from fine art to real estate. They bring together buyers and sellers in an atmosphere of...

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Auction Cataloging & Data Entry with AuctionMethod

In the dynamic high-speed world of auctions, having efficient data-entry methods at your disposal is not just a convenience—it's a necessity. The...