Public storage unit auctions are a great way to make money with your own home based business. The contents can be bought and sold on a part or full time basis. When the economy is in a slowdown, these auctions begin to pop up more and more often. These auctions occur when the occupant of the storage unit is unable to pay the bill and the storage company repossesses the contents of the public storage unit. These items are often sold for pennies on the dollar and can be resold on Ebay, Craiglist or flea markets quickly and easily.
Typically in a public storage unit auction, all items are sold in bulk at one price. The door to the unit is opened and bidders can look but can't touch any of the items. The auction company will charge a buyers premium of 5-10% on the auction price, so be sure to budget your bid accordingly. Some auctions will also have a reserve price or minimum that the storage company will want to get for the contents. The reserve is sometimes called a Pending Owner Approval clause. If you can find auctions without the clause, you will typically find better deals.
Here are some tips to help you decide whether the public storage auction is going to be profitable.
First of all, attend auctions in a decent part of town. People tend to store items near their residence. If it's a lower class neighborhood, generally the contents will not be as valuable.
Look at the types of boxes that are in the unit. You want to see boxes from moving companies as opposed to items from grocery stores.
If there is furniture in the unit, make sure to examine it carefully.
When you attend the auction, you will need to bring lots of cash, because credit cards are generally not accepted at storage unit auctions. You will also need to bring a truck. You will need to get the unit cleaned asap. It's also a good idea to have a lock handy just in case you have to make multiple trips. Also, don't forget to have a dolly, tarps and bungee cords. This makes wrapping your purchases easy.
Public storage unit auctions are a great money maker if you do your homework and are diligent in your research. These auctions are a great business that can be done from home on a full or part time basis.
Introduction To Public Relations
Instead, it is quite common for businesses to go down the costly road of advertising to get their company, product or services the desired exposure. But there is a much more cost effective answer: being interviewed as a guest on talk radio. This is an excellent way for companies to gain excellent local and national consumer exposure. No matter if you are a local or national company - appearing as a guest on a radio show will get your consumers interested.
Do as many talk radio shows as possible , says Marsha . Appearing as a guest on a talk radio show will gain you some fabulous media attention . So lets have Marsha educate us as to why talk radio is such a publicity goldmine:
1. Demographics and Target Audience. On AM radio listeners are 55% male and 45% female with many of them college educated or with at least a high school diploma , says Marsha . In addition to strong demographics there are also specialty talk shows that focus on finance, law, politics, health, relationships, lifestyles, consumer advocacy, sports, gardening and more so you can easily identify shows whose listeners are a match for your business .
2. It is Not a Budget Killer. Dont think that because you are going to appear on a talk radio show that you will have to get on a plane! Marsha says, Almost all interviews on talk radio are held by phone so you wont have to jump on a plane in order to be interviewed in-studio. If you are being interviewed by phone you can be anywhere and doing anything as long as you are a stones throw from a landline.
3. An Effective Sales Tool. Although PR is definitely not paid advertising, if you get good coverage, it can really boost your exposure which in turns can boost your sales . While you are being interview on a talk radio show, little do you know that you are actually having a conversation with hundreds, maybe thousands of consumers. , says Marsha . If you give a great informative interview, you can get your message across to consumers without them even knowing it! Listeners will want to know how to get whatever the guest is talking about. The best part is that many times the host will plug you website or phone number to take the stress off of you. What a great endorsement!
4. Third Party Endorsement. As you can imagine, talk radio shows have loyal followings in order to maintain their terrific ratings. Listeners make sure to listen every time their favorite show or host is on to get all of the latest news and information. Marsha says, Hosts are many times viewed by their listeners as great friends and sometimes even mentors , when you appear as a guest on their show, listeners hear an implicit endorsement of you and your message.
5. Credibility. If you are looking for a bit of credibility look no further than talk radio. Marsha says, One of my PR firms clients told us, ! almost every time I am a guest on a talk radio show - the talk radio show guest is not afraid to boast about my accomplishments and how excited they are to have me as a guest ! Of course, the more important I am as a guest, the more important the host appears to be. A total goldmine of PR! What a great testimonial!
6. You Will Have an Entire Conversation. With advertising you have a specific amount of space (in print) and time (on radio and TV). Talk radio interviews can be as long as 30 minutes or more, and all of this is time you can be using to tell the listening audience about how terrific your product or service is! says Marsha . Well there you go: 6 reasons to be interviewed on talk radio that will gain national or local public relations for you, your company, products or services.
Both Carlos Scarpero & Ben Needles are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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