Requirement 3 - Auction vs. Traditional
Requirement 3 - Auction vs. Traditional
Describe to your counselor the differences and similarities between the auction method and the traditional method of sales.
Take a moment and explore:
- Do some online research to discover which sale option would work best for you and the items you want to sell.
- Research online to learn more about:
- Understanding the item you're selling (age, value, clear ownership)
- Identify the type of buyer that would want to by the item (demographics)
- Understanding why the buyer would they the item
- Deciding how to reach the buyer to let them know you have something they might want (marketing)
- Building trust with the buyer so they will buy from you, the seller