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How To Start An Internet Auction Business In Nigeria - Business To Business - Nairaland

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How To Start An Internet Auction Business In Nigeria by blogger77: 11:58am On Aug 28, 2012
These are the steps that will asist you to carryout business on an auction site:

1. Register at an internet auction sites in Nigeria. I will recommend www.justbuyorsell.com. These guys are serious. The site is easy to use like ebay and more especially they offer both auction and instant buy module. This means that you can list items as auction or fixed price. Registration is free and listing is also free. The company only charge 3.7% for every successful transaction which is pretty ok. This site could be the next ebay in Nigeria.
2. The registration process is self-explanatory. The site requires you to give basic contact information such as your name, address, number where you can be reached and email address
3. Every auction site has a list of rules. Same applies also to jusbuyorsell.com. You will need to have a working knowledge of these rules. Read and get acquainted with the rules. The company also offers tutorials to help you become familiar with the rules and how to buy or sell on the auction site.
4. Justbuyorsell.com also uses a feedback system meaning that after every transaction the seller and the buyer rate each other on the entire deal: Great, Good, Excellent, bad, etc... This score determines how reputable the seller and buyer have been. You will need to focus on doing business with people who have high feedback scores such as 90% or higher and justbuyorsell.com top trusted sellers. Need to become a top trusted seller? Contact the company; I think they have a way of accrediting top trusted sellers.
5. Putting items up for auction is not really complicated. When you list items on justbuyorsell.com, you must talk about them in a way that let’s your enthusiasm for the item show through. That means that you want the customer to be excited from your excitement.
6. Your Title- this is your headline, this should be done in such a way to grab the reader’s attention.
7. Your Item description-you will have to balance boasting about your particular item and being completely accurate about the condition of your items. You have to be honest about flaws as that will not keep your items from selling. If you have negatives; alternate them with positive statements. Make sure that you have more positive statements about your items than negative statements.
8. Here is a list of descriptive selling words you can include in your description. Beautiful, great, fun, dramatic, pretty, fantastic, high-end, vintage, wonderful, powerful, elaborate, quality, and gorgeous.
9. Your terms of service are your policies for doing business. This will include: shipping and handling, how soon you want to receive payment and of course the different payment types you will accept. Keep your terms description as simple as you can, if they are too long and wordy you may drive customers away.
10.You are now an internet auction business owner. Set your goals and aim high at sites like justbuyorsell.com.

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