Mancuso Transitional Style Shoe Rack Storage Bench Brown Cherry – HOMES: Inside + Out – image 2 of 2
Starting A Furniture Antique Auction
Imagine every Saturday opening the doors to your furniture warehouse for your weekly antique auction sale. The first thing you need to do before inviting guest to your auction is to make sure that your auction house is in a good location. Your location should stick out like a sore thumb. Make sure that you have the best antique furniture available in your area. Remember, quality furniture is the key.
Make sure that you have a solid marketing plan for your auction. More importantly, make sure that you have a solid budget. Thirdly, make sure that you have a strong advertising campaign. One way to advertise is to invest in a website and display a few of the pieces that will be present at your auction sale.
As stated earlier, it’s important that you have a solid budget…money makes the world go round and money is everything (when it comes to having your own business. Next, make a decision on your budget. At this point, it is better to obtain the exact figures you are going to allocate in purchasing your antique furniture, so that you can set your expectation straight right from the start. This means you will be seeking only those shopping areas that have furniture with a price tag that you can afford, rather than take a random visit to all places.
Finally, you need to select antique outlets which can give you furniture with the appeal you want, and within the budget you propose. A great place to begin your search is the online SmartPages of phone book. Look into the section for wholesale furniture dealers or discount furniture stores. If investing in a physical warehouse or auction site is beyond your budget, you might want to consider investing in a online store. This way you can attract more people from around the world.
Towards the end of each month antique stores analyze their sales. There should be a promotion advertised in your local paper as well as on the Internet. It is also a good idea to surf the internet for antique furniture. You can offer these benefits on your online auction house. The Internet allows buyers to search for quality items rather than traveling on foot just to find top of the line furniture.
If you decide to have a traditional auction, make sure that you are well prepared for the big event well in advance. Everything should be perfect down to your choice of fresh brewed coffee to serve your guest as they bid on your furniture.