Home > Types of Auction > TV Auction Channels: How Do They Work?

TV Auction Channels: How Do They Work?

By: Christine Whitfield BA (hons) - Updated: 10 Dec 2012 | comments*Discuss
 
Tv Auction Auctions Viewers Presenters

TV auction channels are cable or satellite channels where viewers canwatch and buy items that are sold on the channel. Items are often muchcheaper than can be found in high street stores or even online.However, there are other costs associated with TV auction channels.

Presenters from TV auction channels and will give lots of details andinformation about the products that are up for auction. The presentersand the way in which they provide information to the viewers willdepend on which TV auction channel is being viewed. Many people whoare keen on TV auctions will have their favourite TV auction channel.

Numbers Game

Viewers will see the product and the presenter as well as a box withthe current price of the product. This is the most the viewer will payfor that product. Somewhere else on the screen will be the number ofthose products that are still available. This number is likely todecrease quite rapidly as people bid for the products. Depending onwhich TV auction channel the viewer is watching, the price of the itemwill go up or down depending on how they run.

Viewers will usually choose to bid on an item, call up the telephonenumber on the screen, leave their name and number and someone from theshow will call back to confirm the bid. They will ask the viewer forfurther details such as payment and delivery address. Each channelwill operate in a different way but they all stick to the same kind offormula.

P&P

Postage and Packaging can prove to be a problem for some customers asit is often set a quite a high standard for any product except bigitems. So whilst the viewer may pay £5.99 postage and packaging forsomething worth that for its weight and bulk, they may also end uppaying the same amount or something much smaller that would notnormally cost that much to ship.

The phone calls to the TV auction channels can be very expensive somake sure you are aware of the costs of the calls. The product pricemay be very cheap but the extra costs can soon add up to make yourproduct not very good value for money. Viewers should be sure to workout the exact cost of the item that they are buying.

Customers should be very cautious with TV auction channels as theyhave received a lot of bad press over time. Many customers have horrorstories from TV Auction channels that have not sent the products theybid for or not given a refund. They should make sure they read reviewsof the channel before any bids are made on it.

Using TV Auction Channels

Using TV auction channels can be fun and certainly suits those peoplewho are at home for longer periods of time and are looking for abargain. There are plenty of TV auction channels to choose from too,each with plenty of items up for grabs.

You might also like...
Share Your Story, Join the Discussion or Seek Advice..
Why not be the first to leave a comment for discussion, ask for advice or share your story...

If you'd like to ask a question one of our experts (workload permitting) or a helpful reader hopefully can help you... We also love comments and interesting stories

Title:
(never shown)
Firstname:
(never shown)
Surname:
(never shown)
Email:
(never shown)
Nickname:
(shown)
Comment:
Validate:
Enter word:
Topics
Latest Comments
  • Jade
    Re: Selling Collectibles
    I’m selling Aston Drake porcelain dolls mint condition authentication certificates and original packaging and also Franklin mint heirloom…
    14 January 2019
  • Nannie 2
    Re: Consumer Law and Auction Goods
    I have been purchasing items from an auction house for some time and selling the items on with the profits going to a charity I…
    5 January 2019
  • rigamortice
    Re: Auction House Commissions
    After a family bereavement I have a very lot of goods to sell. Thank you for the outrageous information about tax payable on second…
    29 November 2018
  • ExploreAuctions
    Re: Consumer Law and Auction Goods
    Gwendo - Your Question:What are my options on dealing with this matter.Our Response:You would ha
    3 September 2018
  • Gwendo
    Re: Consumer Law and Auction Goods
    What are my options on dealing with this matter.
    31 August 2018
  • Gwendo
    Re: Consumer Law and Auction Goods
    I just won a 6×3m gazebo on an online auction and it was advertised as "6×3m garden gazebo in black. But when I unpacked it was…
    31 August 2018
  • Geoff
    Re: How to Bid at an Auction
    I left AutoBids on the Saleroom with a UK auctioneer both of which were sold in the room at the value of the bids that I submitted. The…
    30 August 2018
  • Petetheheat
    Re: Consumer Law and Auction Goods
    Won an auction for a caravan on well known auction site, but seller refused to honour sale and sold to a third party who had not…
    21 August 2018
  • Lar
    Re: Auction House Commissions
    Recently went to an auction at an auctioneers, I won the bid. The bid was £20 how much should the bill be? Bearing in mind the…
    1 August 2018
  • Krony
    Re: Consumer Law and Auction Goods
    Put a bid in for a van at auction. Received confirmation of bid. Auction was Saturday at 2. Van apparently van did not go…
    30 July 2018