Proxibid Internet Auctions
What is Proxibid & How Will it Work For Me?
1) What is Proxibid?
-Proxibid is an online internet auction service. In many respects it is like Ebay, except it is only used by auction companies. It is a service which allows our company to simultaneously host a traditional live auction while also having bidders from around the world.
2) What type of auctions are available?
- Proxibid has three different types of internet auction abilities:
i. Live & Online – This is when the auction is being hosted live and on the internet at the same time. The auctioneer does nothing different during the auction. There is someone online with all the internet bidders. The auction is completely cataloged and the bidders on the internet have the ability to pre-bid or bid live while the auction is going. It is like taking bids from a telephone.
ii. Online Only – Unlike a traditional auction, this takes place in our office. There is no auctioneer. Each item is offered for sale (on the internet only) and internet bidders can bid as if they were at a live auction, except they do it from the comfort of their homes.
iii. Timed Online Auction – This is just like Ebay. You find the item you are interested in and bid on it. You just need to enter your maximum bid and that is it.
3) Why would I want to use Proxibid?
- We have proven, through all our Proxibid auctions, that you will have better results. Not only do you have your regular bidders, but now you are global. By being global, you get more bidders. By having more bidders, you increase the sale price of your items. In our experience, we have found that we have increased the bids on the overall auction by 40-50%. Simply put, more money.
4) If you buy online, how do you get what you bought?
- We handle all of the shipping. Each buyer is charged a small handling fee and the shipping charges.
5) What sells well on Proxibid?
- Simply put, everything. The best time for an online auction, is when you have a specialty sale or a lot of collectible items. We have sold everything from coins to glassware to antiques and diecasts. As we all know, there are only so many buyers in any given area for certain merchandise. By using the online auction you increase your buying base. This will allow you to have a better return on your items.
Ellsworth, WI 54011