Small win on my first auction. $5k.
Just ran an auction inside a trading discord community of about 300 members.
I'm still in the dm's with some people but it looks like maybe I can tap one more sale in...
Partner is happy since he hired closers -- booked 30 sales calls and couldn't close a single one.
Then I run the auction and they almost can't believe how easy that was to get two peeps asking to give us their money lol.
However there's some lessons learned so I can flip the coin again for the next auction
Here's how it went down:
I ran a pre auction poll that got a solid engagement about 40 people engaged that they'd bid at least $1.
One person in the comments (the one who won the auction)
Said he's ready to get it started now and placed a bid lol.
So that was validation that we should run the auction.
The plan was to run the auction the entire trading day. So from market open to market close.
I think that was a mistake since not a lot of people were in the comments bidding until the very end which was like a span of 8 hours.
Then people at the end were trying to beat each other but the bids hadn't even gotten that high...
We had a total of about 20 bidders.
The highest bid was $2504
We had 5 bids ofer $500
One sale tapped into a group coaching for $2500.
In hindsight I think I should have not said when it was going to end.
This would have probably made the biggest difference since there were still people trying to bid at the end. And given the offer so much more social proof and the sales easier on the backend.
If you guys have any questions for clarity on anything specific or feedback that'd be amazing.
Here's the offer for the auction:
Appreciate yall!
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13 comments
Ricky Gonzalez
4
Small win on my first auction. $5k.
Royalty Ronin
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