Some hints to help you to
get the best results from using The Virtual Saleyard.
What Vendors Should Know About The Virtual Saleyard
Your ads will be seen. The Virtual Saleyard is by far the
most popular service of its kind in Australia, established for over 5 years and within
Cyberhorse, Australia's most popular web site for horse lovers, reaching both racing and equestrian audiences.
Listings in the Horse and Classifieds
sections are free. There is no charge unless they are Enhanced or Featured.
Listings in the Stallion and Products
& Services Trade Directory sections are semi-permanent (3 - 12 months). Directory
listings are not free, they must be Enhanced or Featured.
Cyberhorse charges no commission on anything sold through
The Virtual Saleyard.
All Horse and Classifieds
listings can be of unlimited duration, however they will be removed if they are not
updated for more than 6 months.
There is no limit on the number of listings per vendor.
All listings are entered and maintained by the vendor. This
includes closing the listing by marking it as sold or withdrawn.
All listings can be amended any number of times by the
vendor. Our unique online Control Panel accessed through the Manage Listings link provides the facility for
you to manage every aspect of your listings.
Vendor access to your listings is password protected via
Member Services.
How Do I Add A New Listing?
1. If you haven't already
done so, you need to Register as a TVF Member.
2. Once you have registered, you should Login by
clicking on the Manage Listings link at left.
3. Within Manage Listings you will see links which will
allow you to add a Horses, Classifieds, Stallions or Products & Services
listing.
How Do I Add A Photo To My Listing?
Click here to find out how to add photos and turn your listing into a banner ad.
Selling Strategies With The Virtual Saleyard
If you already have a web site, Virtual Saleyard Featured Listings
are a great way to prioritise your listing in search results and direct clickthroughs to your site.
If not, you can use Enhanced Listings to prioritise your listing in search results and give it extra prominence by turning it into a banner ad.
A stud can make use of Enhanced Listings by creating a text listing for
each new born foal and then enhancing it at various points with photos as the foal
matures. Perhaps one at 3 weeks or so and then a further one at weanling or yearling
stage. If close relations are doing well, the description can be changed. As the
young horse matures its value will change, so you can adjust the price accordingly.
A Vendor Logo is an inexpensive
Enhancement which is another way of linking your TVS Listing to your own web site. In
this way, you can let the buyer assess those important things other than the horse in
question, such as how has it been reared, what sort of property does it come from, what
else have they bred and who are the vendors?
For vendors with a number of horses to sell, a good
strategy is to first list all the horses as text listings. Then pick out the best 3 or so
and turn them into Feature
Listings. In this way you can spread the net quite widely, without the
expense of paying for every one of your horses to be advertised.
If you normally sell at auction, The Virtual Saleyard can
be used as a reference for pre-auction promotion. One of the drawbacks of auction selling
is the sinking feeling when you don't achieve your reserve price. With The Virtual
Saleyard you have the option of passing your horse in, knowing that there is still an
alternative. You can update your Virtual Saleyard listing with photos taken at the
auction, which is when your horse will probably look its very best.
Pricing Your Listing
One of the most difficult
issues when selling your horse is what price to ask. There is no correct answer, but there
are some things you should think about
Check out the Horse Price Trends in TVS and see what price they
are asking. If you include sold horses in your search, you will get an idea of what prices
horses like yours have been sold for in the past.
Bargains generally sell quickly, although pricing too low
may prevent a sale by making the buyer wonder what's wrong with the horse.
On the other hand, a high price may indicate either a horse
of real quality, or a vendor with impossibly high expectations.
You can change your asking price at any time for your TVS
listings.
Getting A Good Photo
Perhaps the best aid in
getting your horse sold will be a decent photo. Its worth paying a professional to get
your photos done as there are so many points to get right. Some hints :-
Pick a fine day and take horse photos when the sun is not
too high in the sky and have the sun shining on the horse from behind the photographer. In
the middle of the day, the neck, chest and belly are in shadow and can detract from your
horse's appearance.
Try to get the front and back legs forming 2 V's so that the
horse appears properly balanced.
The head should be up and the ears pricked forward so the
horse looks alert. A tape recording of a foal calling is a great way of getting a horse to
prick its ears.
Keep the rider out of the picture unless its a winning
performance of some note. Remember the purchaser is buying the horse - not you!
Young horses often grow at either the wither or the rump,
giving them an 'uphill' or 'downhill' appearance at various stages. Consider posing such
horses on a slope so as to make them appear a little more 'level'.
Negotiating With Buyers
It goes without saying that
your asking price is probably a little higher than you are prepared to accept. Most buyers
will expect that, so be prepared for a bit of haggling. The most important consideration
is to get an interested buyer in front of your horse and touching it. At that point it has
stopped being one of the millions of horses in the world the buyer will never own and has
assumed some prospect of becoming their next horse. The buyer inspecting your horse has
made some effort to find it and has an emotional commitment to making a buying decision.
An important part of the negotiation process is to ensure that your
potential buyer does in fact have enough money. Don't be frightened to ask this question
outright as there is little point in wasting time on someone who can't pay. Consider
asking your buyer to take out a loan from his or her financial institution. They know your
buyer better than you do and if they won't lend the money why should you?
If your buyer wants time to pay, make sure you have a
decent deposit and keep the papers so there is no doubt you still own the horse if final
payment has not been made. A written sale agreement is quite in order in these
circumstances. You should consider having the buyer insure the horse in your name, so that
if anything happens to it, you will still get paid. Remember that insurance is generally
only for mortality, so serious injury is most likely not covered.
If you make any warranties about the horse, beware that
they are legally binding and you can be sued if they turn out to be false. Better to make
no promises at all and perhaps accept a lower price, than get carried away about the
prospects of a horse that you will have little to do with in the future.