First time online embryo auction, asking for advice

WRS · Mar 2, 2012

After being inspired by Justintime (Grant), I decided to get a group of Simmental breeders together and offer some of our best embryo matings in an online auction. The auction doesn't open until March 16th, but I have all the information now up for viewing and I was hoping to get some advice and feedback from fellow Planeteers regarding the clarity of the "terms and condition" page, the sale format, etc.

If you have a minute, look over the sale information and offering and let me know what you think.

http://www.edjeauctions.com/auction.php?aucid=54

Thanks for your time and help!

Kristi

cpubarn · Mar 2, 2012

My advice is to advertise a lot. especially with those people who already have purchased your genetics.

I love these sales, but will admit to bargin hunting as some of them do not get the attention they deserve.

Advertise, Advertise, Advertise,

Send an e-mail for two to everyone you know has bought your genetics. It does not matter how large the list the people sending your e-mail blasts claim to have if half of them are goat customers. Send your own.

Mark

justintime · Mar 2, 2012

I have had four online sales so far, and one of the things I find interesting is that I have sold as many or more embryos in the week following the sale as I have in the sale. I ended up selling 88 embryos, as a result of my last sale, and more than half of them sold after the sale was done. One guy took 20 embryos and was registered as a bidder in the sale, but did not bid. This has happened in every sale I have had to some extent. Some of these additional embryos have sold to people who bought in the sale and decided afterwards to take a few more. There are also some who buy after the sale, that never even registered for it. I find this to be an interesting "twist" to holding an online sale. I don't know all the reasons this is happening, but I'm just glad these online sales are resulting in sales.

kfacres · Mar 2, 2012

justintime said:
I have had four online sales so far, and one of the things I find interesting is that I have sold as many or more embryos in the week following the sale as I have in the sale. I ended up selling 88 embryos, as a result of my last sale, and more than half of them sold after the sale was done. One guy took 20 embryos and was registered as a bidder in the sale, but did not bid. This has happened in every sale I have had to some extent. Some of these additional embryos have sold to people who bought in the sale and decided afterwards to take a few more. There are also some who buy after the sale, that never even registered for it. I find this to be an interesting "twist" to holding an online sale. I don't know all the reasons this is happening, but I'm just glad these online sales are resulting in sales.

same reason people don't want to bid on live animals online... too much to risk... I personally, prefer the private sale- as opposed to having my name, purchase price, and whatever else blasted around the internet. I also think that in most cases- the buyer comes out on top more frequntly when purchasing off the farm...

justintime · Mar 2, 2012

Jody, there is no way to know who is bidding or who the buyer is, in these online sales. In order to bid, you are issued a bidder number. No one but the seller knows who is registered for the sale. I never list who has bid or bought in any of my sales simply because I know some people do not want anyone to know what they bid on. Others could care less. I have been asked on occasion who was bidding against them in an online sale, but I never release the name unless I have permission from the bdder. It is a privacy issue and I accept that. I don't understand that mentality myself, as I, personally could care less if the entire world knew I had bid or bought in a sale, but I do accept that privacy is a right everyone has.

I guess I don't understand the risk you mention, about buying animals or embryos online. I sell most of my embryos to people I have never met ( and often have never heard of) and these people have never seen the sires or dams of these embryos. we also sell lots of bulls and females in our sales to people who have never seen them or their parents. Most of these people buy from the sale catalog pictures and data provided or on a website. As far as risk is concerned, I think there is an element of risk involved no matter how you purchase breeding stock. I guess the reputation of the breeder can soften the risk involved to some extent.

kfacres · Mar 2, 2012

justintime said:
Jody, there is no way to know who is bidding or who the buyer is, in these online sales. In order to bid, you are issued a bidder number. No one but the seller knows who is registered for the sale. I never list who has bid or bought in any of my sales simply because I know some people do not want anyone to know what they bid on. Others could care less. I have been asked on occasion who was bidding against them in an online sale, but I never release the name unless I have permission from the bdder. It is a privacy issue and I accept that. I don't understand that mentality myself, as I, personally could care less if the entire world knew I had bid or bought in a sale, but I do accept that privacy is a right everyone has.

I guess I don't understand the risk you mention, about buying animals or embryos online. I sell most of my embryos to people I have never met ( and often have never heard of) and these people have never seen the sires or dams of these embryos. we also sell lots of bulls and females in our sales to people who have never seen them or their parents. Most of these people buy from the sale catalog pictures and data provided or on a website. As far as risk is concerned, I think there is an element of risk involved no matter how you purchase breeding stock. I guess the reputation of the breeder can soften the risk involved to some extent.

the risk I reference: is the risk involved with individual computor and internet connections: not the animals themselves. Sale managment has rules to ensure that... I'm referring to the many times a sale is broadcase online- and the 10s of thousands of bidders come back the next day griping about how right during the time of their intended purchase- their internet connection failed-- or the accept a bid option didn't work...

and in all reality... They didn't get that lot purchased.

If someone really wants a lot-- I think many would prefer to be in attendance at that sale to insure it's purchased: but for those that can't attend- or in the case that a sale never will exist (your online sale)-- they would rather just purchase in privately- to insure they get it..

maybe I'm the only one who thinks these things up.? But I know I'm not the only one who feels that the online sales and bidding are a great option: but lets face it: the whole world doesn't have great interenet connection-- and even if they did- technoligy still fails sometimes...

regarding privacy of releasing who's buying and bidding, etc at sales:

HAVE YOU EVER SEEN THE SHORTHORN COUNTRY? THAT'S ALL IT IS- SALE RESULTS AND PICTURES OF WHO WAS IN ATTENDANCE.?

jbzdad · Mar 3, 2012

I agree that it is difficult to buy over the internet at a live auction sound , responsiveness etc... but it is easy to buy from an internet only sale have bought bothways...

I was going to buy some statesman semen at Hartman's sale and I think they passed out the whole lot as near as I could tell

WRS · Mar 4, 2012

Thanks for the comments everyone. I appreciate your time.

To Cut the BS, I believe you are referring to bidding through the internet in a live auction. An online sale is very different. This sale will be run over a 4 day period, so a lost internet connection will not affect bidding as it would in a live auction. Also, as Justintime stated, all bidding is done with bidding numbers, not names, so it is confidential.

WRS · Mar 19, 2012

Thanks again for the suggestions. The sale has been going well and ends tonight. If you haven't visited, stop by and take a look at the great Simmental genetic lots that have been consigned!

http://www.edjeauctions.com/auction.php?aucid=54

First time online embryo auction, asking for advice

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