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Author Topic: How to make a popular auction?  (Read 163 times)
MNbag (OP)
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August 23, 2021, 06:19:58 PM
 #1

Are they any promotional methods I can use to ensure as many people are interested in my auction as I can?

What do good auctions have in common?

Is my auction good enough, and how can I improve it?

Here is my auction:
https://bitcointalk.org/index.php?topic=5356107.msg57764820#msg57764820

I am new to this, and I mostly read the Auction Guide and Tips by b!z.

Sorry for the inconvience.
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August 23, 2021, 08:09:56 PM
 #2

Looking at your profile it's obvious that you have a lot of function to carry on first as a beginner, things like research, reading the methodologies of the community, because it's better for you to acquire a preferable knowledge first before adventuring inti bigger or looking for guidance without been known the basic concepts of the community, actually your question is nice but I'm not really emphasising on it because i noticed that you have long way to secure first.

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August 23, 2021, 08:11:18 PM
 #3

It would be quite difficult to get someone to purchase your product considering your rank and reputation and they needing to go first. Trust is an important element in any trade and as a relatively new account, you'll have to get an escrow who would hold the funds until the product is successfully delivered to the final bidder.

Another factor would be interest in the product you are marketing; to get more attention, you should be offering things people wish to actually own.

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August 23, 2021, 08:25:48 PM
 #4

Like the first reply but from a different angle, you might want to find a way to style this as an nft.

Nfts were big a while ago (not sure if they still are or if they've changed a bit - you might want to research that). You could probably also find a marketplace where you can actually sell art too and people can commission it, like etsy. Coming here doesn't really increase your chance of making a sale as I don't think there are many art buyers/collectors here.
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August 23, 2021, 09:39:58 PM
 #5

I think that the "popularity" of an auction - as in being a high sough item with lots of offer - boils down to the product that you're offering and the environment where you're conducting the event. I'm sure you'll understand that if you wanted to sell a lawn mower you'll have a greater chance of generating a higher activity in the auction in "lawnmower4life" forum - random name, not sure if it exists - than in here right? The following examples may not be the best ones but I've just filtered the Auctions section of the forum by decreasing number of replies and here are the top 3 posts:
If we ignore the axis of time from our analysis, all of the previous auctions share a common origin - they allow users to mine their own coins - which, in a forum such as our, can be seen as a highly sough/relevant item for one to posses if they plan on investing in such activities. So I guess it's just natural that these ended up gathering a lot of attention.
As a side note - I'm not saying that a measure to evaluate the popularity of a post should be the number of replies since we can have a thread with hundreds of replies but only a small % are bids - but this filtered ended up being useful to explain my point of view to OP.

In your particular case you're trying to sell a NFT which, in a bitcoin focused forum, isn't so sough after as an ASICMINER or a Casascius coin for example. I'm not saying you're not going to sell it here, I'm just saying that it may take some time before you do - I have to remind you that your thread was just created today. What were your expectations when you created it? Did you thought that it was going to attract a lot of interest right from the start? Having the "feet on the ground" is always a good assumption to take in every goal that you set yourself to achieve, and that is also true on this particular case.

Still, don't give up - promote your product on other platforms more NFT-oriented (and others) to increase the chances of selling it and I'm sure that eventually you'll get a sale Wink

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August 24, 2021, 12:10:57 AM
 #6

Looking at your profile it's obvious that you have a lot of function to carry on first as a beginner, things like research, reading the methodologies of the community, because it's better for you to acquire a preferable knowledge first before adventuring inti bigger or looking for guidance without been known the basic concepts of the community, actually your question is nice but I'm not really emphasising on it because i noticed that you have long way to secure first.

Another interesting fact about this is the effect of social media, you have to be active in different platfors that are reasonable enough having most of the responsive followers on your account, create interesting topics, trending news and also build a credible career portfolio. Therefore all you needed for now is to work on yourself first, create standard and professionalism, then yourself and the community will get you into an auction to function.
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August 24, 2021, 09:07:40 AM
 #7

Are they any promotional methods I can use to ensure as many people are interested in my auction as I can?
Due to your current rank, you're limited to a single promotional method [free] that would probably have little to no impact, unless someone hovers over the website icon on each one of your posts...

Steps:
  • Go to your profile > Forum Profile Information [it's located in the "Modify Profile" section] > Type the appropriate name and link in the Website title & URL fields > Click the "Change profile" button.

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August 24, 2021, 09:56:37 AM
 #8

OP, as you can see, almost all older and reputed members think that you need better rank than newbie here. Although I do not support that view because you are a much better artist than me, even if I am Legendary here.

So, obviously, you need to improve your rank or to give some recognition to your account here. I've seen some designers practice free demo work before, so in that way, they proved their quality and that they really stand behind it.
You also can participate in many contests over this forum, even if you don’t get a reward, you’ll draw attention to yourself.
For example, here is one actual BitcoinTalkShow graphics contest

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August 24, 2021, 11:42:47 AM
 #9

Rank shouldn't really have any bearing on reputation, at least from a trading point of view. The thing is; your auction is a rather niche market, and therefore you'll find that it'll be harder to sell than, other more popular items. There's ways you can improve the amount of eyes seeing your auction, but that's mainly through traditional marketing techniques. As for on the forum, the only way you can advertise your auction would be posting the auction in the auction section which you've already done, and potentially advertising the fact that you've got a on going auction in your signature, and/or personal text.
MNbag (OP)
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August 24, 2021, 03:29:50 PM
 #10

Thank you all for the feedback.

I am going to read up on the BitcoinTalk rules, try a different site and lock up the auction thread.

On a side note, is the art piece good?
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August 26, 2021, 07:52:42 PM
 #11

Well OP, its a good thing you've got an art of some value to you and what you want to find out is how much value it might be to someone else in payment of an acceptable form as that's the idea of auctions. From my expertise, what you've hot there is an NFT and to sell those, should you think its worth anything of value at all, you should be willing to go the length and not cut corners. There are sites that have got the publicity and all you've got to do is to pay for them to have your NFT displayed and auctioned for you. I won't want to give a lists on any site but, you could research and find one that suits your purpose to do business with.

R


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August 27, 2021, 06:38:39 AM
 #12

On a side note, is the art piece good?
What's the "Capri" for? If that's a watermark, then I think you're doing it wrong. You should always avoid making it so big that it takes the focus away from the subject. Digital and Traditional artists usually put their watermark on the bottom left or right corner of their work mainly because that spot doesn't divert the attention of the viewer to the main subject while not detracting the beauty of the painting.

Suggestions, though, you could try studying the importance of "tonal values[1]" to add depthness and make it more realistic. Mastering them would really help entice people to have an interest with your artwork especially  if it involves a conceptual aspect that relates to bitcoin and any other altcoins.

[1] https://www.creativebloq.com/features/everything-you-need-to-know-about-tonal-values

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MNbag (OP)
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August 30, 2021, 06:17:51 PM
 #13

On a side note, is the art piece good?
What's the "Capri" for? If that's a watermark, then I think you're doing it wrong. You should always avoid making it so big that it takes the focus away from the subject. Digital and Traditional artists usually put their watermark on the bottom left or right corner of their work mainly because that spot doesn't divert the attention of the viewer to the main subject while not detracting the beauty of the painting.

Suggestions, though, you could try studying the importance of "tonal values[1]" to add depthness and make it more realistic. Mastering them would really help entice people to have an interest with your artwork especially  if it involves a conceptual aspect that relates to bitcoin and any other altcoins.

[1] https://www.creativebloq.com/features/everything-you-need-to-know-about-tonal-values

Oh, it was for the auction.

I wanted to give a preview of the piece while preventing people from taking it.



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August 30, 2021, 10:22:55 PM
 #14

You can increase sales when you cater to the desires of people who might want to buy something they can actually use or enjoy.
It is important to understand your target market. Only by understanding your customers will you be able to provide the right products and content for them to buy.  As the saying goes, 'know thy market'!

I wanted to give a preview of the piece while preventing people from taking it.

To protect your art from being stolen, place a large watermark over the entire illustration.

R


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August 31, 2021, 02:53:53 PM
 #15

See there is one comprehensive guide on how to make auctions on the forum and you can have a look at it to seek some sort of help from this and it might make your artwork presented in the best and right manner to all.

Check out this to have some help on this topic: https://bitcointalk.org/index.php?topic=5277761.0

And you can check out how others are into buying and selling of products or artworks and make changes accordingly.

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SSC NAPOLI
OFFICIAL EUROPEAN
BETTING PARTNER
|.ROLLBOTS.|
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ROLLBIT COIN
TRADE RLB NOW!
|...PLAY NOW...
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