One IS enough! – quality over quantity – no auction is too small
Having the best of auction items rather than a lot of cheap or less valuable items is crucial to your success and revenue of an online auction. Although sacrificing the quality for the quantity may reward you with a few short-term profits, you'll quickly find that customers fail to be repeat customers. Favoring quality over quantity will increase your company's revenue, which will keep your auction going for years to come.
For example: 10 similar refrigerators vs one or two high quality refrigerators.
- The 10 refrigerators of a lower quality waters down the bidding of the auction. Whereas, the one or two higher quality refrigerators force interests to bid on those two items, which in turn drives the revenue up.
