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.

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