Meredith Area Chamber Online Auction

Meredith Area Chamber Online Auction - For Business Owners

Guidelines for Business Owners

How does it work?

To help businesses during this challenging time, Meredith Area Chamber of Commerce has created an online platform to allow you to sell up to 3 products, services and gift cards. You can do this by filling out this form and e-mailing it back to us at auction@meredithareachamber.com, along with one photo per listing. We will enter the item in an online auction site. Once the auction has finished, we will send you payment via PayPal, or check if needed. 100% of the proceeds of the sale will go directly to the business owner. Thanks to our sponsors Meredith Village Savings Bank and the Meredith Area Chamber of Commerce for generously covering the transaction fees.

What businesses can participate?

The online store will first be open only to members of Meredith Area Chamber of Commerce. These businesses will have first opportunity to submit items into the auction. After May 15, non-member businesses located in the Meredith area may enter items if there is room. If you are not sure if you are a member you can send an inquiry to the Meredith Area Chamber of Commerce.

How will I get paid?

Once the auction has ended, the Chamber will collect payment from the winning bidder. The Chamber will then forward that payment to your business. Our strongly preferred method of payment will be by PayPal. It is free to use and setting up a new account is very easy. If you absolutely cannot set up a PayPal account, the Chamber can mail you a check, but this can take up to two weeks longer to send your payment. PayPal payments will be by June 8.

Explain the different auction options.

For each auction item, you will have options for how people can buy it: Standard bidding - this works like a normal auction where bids are accepted until the auction ends, last and highest bid gets the item. Buy Now - this works by setting the starting bid amount a little higher, and the first person to bid that amount gets it.

Can I offer more than one item?

Yes, you can offer up to three different items. You can, and are encouraged to, submit multiple quantities of the same item. This only counts as one item. For example, if you submit 20 $25 gift cards, this counts as only one of your items. In this scenario, you have to choose the Buy Now price. Standard bidding is not available for items with a quantity.

Explain the pricing. What do these terms mean and where do I start?

Here is a brief explanation of the terms you will see listed in the form.

Fair Market Value - This is the selling price for an item. The price or value you would place on an item.

Starting BID- The starting price is where the bidding will start. Each new bid will go up in select increments based on the Market Value. The starting bid should be lower than the Fair Market Value. It is completely up to the owner on where you start the bidding.

Buy it Now Price - This is the price someone can buy an item outright. Offering this at a little lower than the Fair Market Value makes the buyer feel like they are getting a good deal on the product or service. Set this figure at a comfortable price that works for your business.

Number available - If you select the buy it now option, you may offer multiple quantities of the same item. Multiple quantities is only available for Buy it now. This is not available for bidding or combining Buy it now and Bidding option

How does the item get to the recipient? Who pays for shipping?

Your business is responsible for arranging the pickup, delivery or shipping of all items they sell. We suggest that you create a simple tracking system to keep records of each item that is sent out or delivered to a customer. Mail or email is best. Only offer delivery or pick up when it is safe to do so. The Chamber will notify you of the winning bidder and their contact information, and will ask that you contact them right away to begin making the arrangements to get them their item.

What type of items can I sell?

Merchants can offer any product, service or gift card.

For more technical FAQ's, visit 32auctions.com

Questions?
Please visit the links below or email: sandy@meredithareachamber.com

Meredith Area Chamber of Commerce
MVSB