New Online Shopping Deals Through Reverse Bid Auctions

Consumers are always looking for a way to save money on the items they want or need. Most of the items purchased online are luxury items and not necessarily a necessity. People need these luxuries to entertain themselves and when they can find these goods at a fraction of the cost they’re quick to spring on them. For years people have turned to sites like Amazon and eBay to find the lowest prices on consumer electronics and other goods but things are changing as people consider the potential discounts available.

One of the primary differences between traditional auction sites like eBay and pay per bid auction sites is that buyers pay a fraction of the cost consistently. This rarely happens on major auction sites, where the final cost is often just under the retail value. Image the delight of buyers on bid auction sites that get a MacBook or new LCD television for under $100.00.

This goes to show why reverse auctions and other pay per bid auctions have grown steadily in popularity as more people discover the savings to be had beyond the traditional auction model.

In a traditional auction buyers are competing against one another to purchase an item from a seller. As they bid, the price increases until one person stands out willing to pay the highest bid. The auction finishes and the product goes to the highest bidder.

Reverse auctions work in much the same manner in that they have a seller that’s offering an item for sale. A number of buyers all bid competitively in order to win the item that’s being sold. That’s where the similarity ends however. In a reverse auction, bidders are placing bids in order to drive the price down. When the auction finishes, the item goes to the lowest bidder. Some auctions force you to drive the price to zero before you can win, others let you continue to bid down the price until the price just gets to be too tempting and someone scoops it up in a “buy it now” fever.

Reverse auctions and other bid auctions have matured into a billion dollar global business yet they tend to remain under the radar. The primary reason is because they’ve only become common to consumers in recent years. Previously, these types of reverse auctions were used by business to business networks and government agencies.

There’s a great deal of excitement for consumers now, and it’s helping that popularity climb as more people hear about. The tension and nail-biting excitement really gets people going and can cause the adrenaline to surge in the last minutes and seconds of an auction. In many reverse bid auctions the potential buyer has to make a decision quickly about buying an item as they reveal the price lest someone else scoops it up.

With many bid auctions, there’s a constant overhanging chance that the item could get scooped up by another bidder at any time. Gone are the days of the constant flow of bids and “outlasting” other bidders. A strong strategy is needed for buyers that want to take a great deal home without overpaying in the excitement of the auction.

Best Practices With What to Allow on Forums

A forum is a great way of discussing a topic that you are interested in and knowledgeable about with like minded people or of sharing your experiences and possibly helping beginners in the subject. A well run forum is a pleasure to visit – you feel welcomed and amongst friends.

Running a forum is more than just about letting every Tom, Dick and Harry join and then letting them dictate the ‘mood’ of the forum. It’s up to you, as the administrator, to set some ground rules and abide by them.

Firstly, you must manually activate every new member registration. Spammers are unfortunately attracted to forums like flies to honey, and even the newest forums will start getting a trickle of these every day. Although it’s tempting to allow these to join to up the membership levels to make it look like you’ve got an active forum, allowing these in will be a bad mistake. At the least you’ll be inundated with advertising, and at the worst some very unwelcome posts might be made. You, as the site owner, will be responsible for what’s on your forum. As you go through the registrations each day obvious spammers with made up email addresses or user names which are simply advertising products will be easy to spot. If you need to go further you can check on the IP address and where the person is coming from. If you’re still not sure, do a search at StopForumSpam – an excellent website that keeps up to date records of spammers, as these people try to join every forum going. You’ll soon become quite quick at spotting spammers against bonafide registrations.

You can’t start a forum and then lose interest in it. Unless you are working to activate registrations, moderate comments, administer the forum and contribute to discussions yourself it’s not going to get very far. Running a forum takes time every day.

You need to decide where the boundaries lie and the kind of behaviour you’ll tolerate. Some forums I have been on insist people search for answers already given to similar queries before posting a new question, and when a ‘newbie’ posts they get responses fired at them to search the forum for answers first. Or are you more tolerant, and encourage individual replies? It might take more time repeating the same information, but it does make the forum more personal. What happens when someone asks a daft question, and gets shot down rather rudely by another member? Do you tolerate that? Or do you try to set ground rules for how people should behave towards each other.

Sometimes this might depend on the audience for your subject matter. I run a specialist forum for keeping bearded dragons, and we’re likely to have older children joining as well as adults. Sometimes an incredible ignorance is shown about keeping these reptiles – people should have done their research before taking them on, and as such these poor creatures are now looking at short unhealthy lives unless their owners can be given correct advice on how to keep them. On another similar forum, new members asking stupid questions are shot down in flames, and they leave after making one post, and without gaining any help at all. On my forum I actively encourage all members to be welcomed, and their most basic questions answered so that they get the information they need to the benefit of them, and their pets.

Now this is obviously just an example, but do you want to help and encourage people? Or just have a membership of ‘experts’? That is a decision you need to make, as it’s you, and the moderators you might have to help you, who can influence this by the way in which your members respond to posts and also the way you moderate. Sometimes you need to PM posters who aren’t interacting in the way you want them to, and accept this might lead to losing a member, but if it helps for a better community overall, the loss of one might prevent all those ‘guests’ who visit before taking the plunge think twice before joining. It’s interesting, but I’ve only had one problem with a member in the 5 years I’ve been running the forum and had to ban them. Most members pick up the friendly culture of the forum very quickly.

When your forum starts to become very active you might find it is too much to moderate all the posts yourself. You will find regular posters are flattered if you ask them to become a moderator and help you run it. You should ensure that anyone you ask has views that do not diametrically oppose yours (although healthy debate should always be welcomed), and whose approach to answering posts is in line with the ‘feel’ you’ve developed for your forum. You might also want to appoint someone or more than one (depending on the size and activity on your forum) to be other administrators, particularly to help with the activation requests for new members. Sorting out 150+ spammers a day is better with help! I’m in the lucky position of having an administrator in Australia – from my point in the UK I do the day shift, and he does the night!

You may think you are very knowledgeable about your subject, but it’s great if you attract someone to join who’s known as an Expert in their area. I invited two such people from their contributions on other forums and their expert knowledge and experience has been a real boon to my forum.

If you allow people to sell items or services, you might want to think whether you’re going to let people join just for this purpose, or whether you want to restrict this service to contributing members. You might also want to restrict what they can offer. A good rule is that someone needs to make 10 posts before being able to put up information about what they want to sell.

Something that encourages people to post is always helpful in trying to get a lively forum. Assigning different ranks to people who post above a certain number of posts can encourage people to try to reach the next level. On my Bearded Dragon forum we go from Egg, through Hatching to Adult – obviously not appropriate to many forums, but you get the idea.

I found that forums don’t actually help you to make money – having Google ads on the forum did not bring me any revenue despite a high number of visitors to the extent that I abandoned them. People come to the forum for advice or to chat, not to click on adverts. Linking your response through to informative pages on your website is the best suggestion I can make, and of course, having a forum increases the number of visitors to your main site.

If you have a forum but it’s becoming less active, look at the tone of the posts and see if the feel of the forum has changed. Unless it was once more relevant that it is now (a forum about the London Olympics will be less topical in 2013!) you might want to try to make it more positive, friendly and welcoming to newcomers. This means posting a lot yourselves, and engaging the moderators in trying to turn round the feel of the forum. If a particular member is causing problems, then don’t feel bad if you need to ban them. It’s your forum after all, and it’s totally up to you who you allow on there. You need to make sure you and your moderators keep active and posting – people want to feel important, and like someone ‘official’ to respond to them.

Forums are a great addition to the internet – there’s one set up for almost every niche subject, and people enjoy using them to get information they need, or to share their knowledge. A well run forum is a pleasure to visit, just like going to your friendly local pub. But no one will want to put themselves in the firing line to get abuse from bullies. So it’s your job to keep them out.

Paying attention to your forum and keeping to these best practices will keep your forum active, friendly and attracting the right kind of visitors and new members.

What You Need to Know About Starting a Profitable Business Online

Are you thinking about starting your own business online? Do you want to learn how it’s possible to start a profitable business online from the comfort of your home? Then you have to read this article. I will explain how you can build your own business online and how to become successful as well.

The first thing you need to do is to decide what type of online business you want to build. There are many ways to start a profitable business but there are only a few that you can actually profit from. For example, internet marketing is one of the most successful and profitable ways to make money and build a successful business online. What this means is if you want to create a good business that will be profitable for you, then you must learn about the basics of internet marketing. Are you planning on creating your own products to sell to customers or do you want to sell other peoples products which is also known as affiliate marketing. These are the only two ways to actually start a profitable business and become successful online. This is a decision you have to make but both methods use the same techniques and strategies to build a successful business.

After you have decided which method to use, you then must understand how internet marketing works and how to use it to start a profitable business. This is how the basic system works, first you would go out and perform market research using websites like amazon, ClickBank, and others to find a niche that is very profitable. The best niches are the ones that have lots of customers but not much competition. After you find a good niche you would then perform keyword research. There are many tools out there that allow you to search for keywords related to your niche. One of the best keyword tools is Google’s free keyword tool. This allows you to find high search and low competitive keywords related to your niche. You would then create articles around these keywords and put them on your website. After finding about ten good keywords to start with, it’s time to build your website.

Many people think they need to know HTML to build a website, but this is simply not true at all. Websites are built on templates which you can get for free if you search on Google. At the end of the article I will show you how you can get a free customized template which you can use for all your websites. On these websites you would either create an information eBook that you would sell and keep all the profits. Or you would sell other peoples products on your site and collect a commission from the sales of the product or ebook. The choice is yours but remember that both methods follow the same basic principles and will allow you to easily start a profitable business.

After building your website and putting your articles on your site, next you need to promote your website. Promoting your website is the hardest part of internet marketing and creating a profitable business. If you don’t promote your website you will never be successful online and you won’t get any traffic to your websites without it. There are hundreds of different ways to promote your website, but there are only a few that are really effective. I would suggest creating articles relating to your niche and submitting them to article directories with a link that points to your website. There are much more ways but start with this and you will eventually start seeing targeted traffic that will last for many years.

Use these simple strategies to start a profitable business online, and begin generating income from the comfort of your own home today!