If you are conducting any part of your auctions online you have definitely been asked if you can provide shipping for small items. Shipping can be a real hassle or a great way to make your company stand above your competition. Whether you provide shipping or outsource...
Buyer’s premium is much better than a seller’s commission. Buyers don’t want to be losers. That is psychology 101, Maslow’s Hierarchy of Human Needs. Even disciplined buyers lose the effect of the buyer’s premium near the end of bidding at an auction, as the tempo...
I enjoy treasure hunting. As a kid I went through a phase where my favorite toy was a Radio Shack metal detector. When I learned how to scuba dive in college my mind was always on the lost ship full of gold or silver at the bottom of the lake or ocean. Today, as an...
I recently attended a large sealed-bid sale in Minneapolis featuring equipment from 3M. The sale included an assortment of custom late-model manufacturing equipment. My goal was to purchase machinery for my personal resale. I spent five hours reviewing the equipment...
The Wavebid blog will touch on all things associated with the Auction business as well as new technologies and services that can help the Auctioneer be more successful and productive. From time to time, we will also discuss the lighter things in life.
