Prepare to grow your revenue dollars with these top selling auction categories |
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M.V.P. S.U.V. U.S.A. F.B.I. U.P.S. A.L.F. T.B.D.B.I.T.L. D.E.A. B.M.V. and R.O.I.Of all the acronyms that we recognize right off the bat, ROI is the one that may be most common in sales meetings. Return on investment is the percentage of the retail value. Once the item has been sold and paid for, the winning bid amount is divided by the retail value. For instance, if an item with a retail value of $5,000.00 sold on the auction site for $3500.00 you would divide $3500.00 by $5000.00 to get the ROI of 70% which is quite good.
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