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1 Hour Auction
Great New Features just added!
Finally, an on-line auction that makes sense from both a marketing standpoint and a budget standpoint! A nation-wide audience will be able to view and bid on your alpacas from the comfort and convenience of their own home. And, it won't take weeks or months to find out the results! The entire auction will be completed in about an hour!
All the alpacas will be displayed on the 1 Hour Auction page for 1 week prior to the auction. Viewers can click the "info" button on any alpaca to go to its page on the owner's AlpacaStreet.com site to find out more information about it.
The AlpacaStreet.com 1 Hour Auction will be a fast-paced "Dutch" auction that will present alpacas for sale in a right around 1 hour! A panel of alpacas will be shown with a starting Buy Now amount displayed at the top of the page. The Buy Now amount represents the amount that any one of the alpacas can be purchased for at that point in time. The Buy Now amount will decrease every few seconds until all alpacas are either sold or have hit their reserve amount.
Once an alpaca is sold, the "Buy" button will be replaced with a "SOLD" for all viewers except the person making the purchase, who will see "You Win!". That alpaca will no longer be available for the auction (see lot 10 above). If a person attempts to purchase an alpaca below the reserve amount set by the Seller, the person attempting the purchase will see "Offer Made" appear over the BUY button, while the rest of the viewers will see "Pending" appear over the BUY button. The Seller will be given the bid amount made as an offer. For "Offer Made" situations, both parties are then free to enter into negotiation to try to arrange a purchase.
Buyers like the convenience of bidding from home! You'll love the fast pace and excitement!
Once all the alpacas on a panel are sold or have hit their reserve, a new panel of 6 alpacas will be presented and the process will start over again. There can be up to 8 lots on each panel. A 'lot' can be a single alpaca or a package.
New Features include:
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AlpacaDan the Middleman! If you would like to make anonymous inquiries about an alpaca, send your questions to dan@alpacastreet.com. I will get you the answers and no one knows that you are the inquiring party!
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Phone Bidding! If you cannot watch the auction, or just want to make sure your offer gets placed at the right time, you can place a phone bid prior to the auction by calling AlpacaStreet.com at 330.727.5334. Tell us the lot number you ar interested in adn the amount you wish to bid. We will place the bid for you and let you know if you win the alpaca!
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Offer Made! If an someone clicks the "BUY" button on an alpaca when the bid amount is below the reserve, the bid amount displayed will be considered an "Offer Made" and will be sent to the Seller. Both parties may then attempt to work out a mutually agreeable purchase arrangement.
The alpacas will be displayed on the 1 Hour Auction page for 1 week prior to the auction. Each alpaca picture will link to that alpaca's listing on the owner's AlpacaStreet.com website. There, the owner will display addtional pictures and information about the alpaca, as well as any terms offered. All Sellers agree to provide free transportation to the Buyer's farm up to a maximum cost of $500 per lot with a minimum purchase price of $3,000. Sellers also agreee to agist for free for a minimum of 60 days!
There are some surprises planned during the event to keep you focused on the auction. So, you will want to do all your research well in advance in order to be ready to act when special opportunities present themselves!
There is no commission on sales made at the 1 Hour Auction! A flat entry fee of $100 per Lot Entry is all it costs! You move your alpaca and you keep the money!
Consignors may sell at any time! The idea of the 1 Hour Auction is to sell alpacas, so consignors may sell before, during or after the auction. If you find an alpaca you love, make an offer NOW and see if you can git-r-dun!
Great exposure for your entire breeding program! For 1 week prior to the auction, auction alpacas will be displayed on the 1 Hour Auction page. Each auction lot will link back to that animal's listing on the owner's AlpacaStreet.com site. Whenever someone visits any alpaca page on AlpacaStreet.com, they see the rest of the owner's herd listed down the right side of the page. So, not only does the viewer see the alpaca, but also gets a look at the owner's entire breeding program! Then on Auction night, hundreds of prospective buyers will see you alpaca on the auction and have a chance to buy it. If it doesn' sell, then it will be offered on our Wudda-Cudda-Shudda page where people can make an offer for any unsold alpacas.
Register your alpacas NOW!
You must be a Breeder Program MAX member ($150/yr for up to 1,000 listings and access to the most dynamic collection of marketing tools anywhere!) to enter an alpaca in the 1 Hour Auction. Log in and click the Place an Ad button on the top right of your My Panel page. If there is an auction scheduled, you can also purchase " Auction Lot Entry" for only $100 and there are no commissions if the alpaca sells! You can purchase as many Auction Lot Entries as you want. Each Auction Lot Entry must be purchased separately.
This is a great opportunity for Buyers to make terrific improvements in your herd this year, and at a price YOU choose! Check out the auction lots and figure out which of these alpacas will impact your breeding program!
ACT NOW!
To purchase an Auction Lot Entry for the next available 1 Hour Auction, log into your AlpacaStreet.com account and click "Purchase an Ad" on the top right of your Welcome Screen. Then, check the box next to the Auction Lot Entry of your choice and check out.
After you purchase your Lot Entries, we will contact you with instructions on how to register your alpaca(s) for the 1 Hour Auction.
1 Hour Auction Terms & Conditions
Another marketing benefit from AlpacaStreet.com
*Dates and details subject to change
