A few weeks ago I did a blog post announcing our first foray into the wonderful world of internet auctions. I am pleased to report that when Gene Roberts, City Public Service Director closed the bidding Tuesday afternoon the sales were almost 5 times greater than any of our previous local auctions (for roughly the same general inventory of surplus). Specifically Gene reports that the total sales prices for all of the items sold online amounted to $54,744 in new revenues to the City. By comparison, the average total revenues for 2008 and 2009 was $9,583.
Clearly the internet based exposure and the popularity of comparable online auction services like eBay helped us get a lot more interest which ended up pushing our prices and revenues higher than ever before.
Gene said that we learned a few things about the online auction process which should help us be even more online customer friendly in future years. Going online required some extra staff work (to inventory, photograph and upload information on the items) but it appears to have been well worth the effort.
Gene and his staff deserve a lot of credit for taking the initiative to give this a try and making it such a success. Great job.
It’s got everyone thinking, what else can we sell?