Archive for the 'Exchange Markets + Auctions' Category

How To Make Money From Internet Auctions

Monday, November 2nd, 2009

If your business is not using eBay and other Internet auctions, you could be missing out. Here are just a few ways of generating additional income, profits and cashflow from online auctions.

1. Convert Excess Assets to Cash

Sell personal or business items that you no longer use. For example, are there slow moving inventory
items in your store? A major camera store chain sells their slow movers, quite successfully, through eBay.

2. Buy and Sell Anything

Sometimes people put things out in the garbage because they don`t need them anymore and don`t know anyone who could use them. You can successfully sell some of these items by Internet auction.

As well, if you pick up bargains from garage sales, flea markets, importers, wholesalers, closeout dealers or other sources, these items can also be sold through online auctions.

3. Drop Shipping

There are suppliers who will ship one item at a time for you. You don`t have to stock any inventory. You simply pay your dropship supplier out of the money you receive from your auction sale. They will ship the product directly to your customer.

4. Self-Publishing

Do you have expertise in a specialized area of interest to people? Then, you could publish your own information product.

A very popular format for self-publishing information products is the electronic book (or e-book). E-book compilers, some of which are free, are readily available on the Internet. When people buy your e-book, they can download it from your website or receive it by e-mail.

You could sell such self-published information products on eBay and other Internet auction sites.
Incidentally, online auctions are an inexpensive method of testing the market for your information (or other) products.

5. Reprint and Resale Rights

You may not want to produce your own information products presently. Or, perhaps, you may already
have an information product, but would like to supplement your income with additional, related product offerings. This is where reprint and resale rights come in.

You can buy the rights to reprint or resell excellent information products created by other people. Some of these rights are inexpensive.

In addition to selling these products from your own website, you can use Internet auctions to create extra sales. Another advantage of online auctions is that they can create additional traffic for your website.

6. Sell Your Services

Do you design logos or websites? Do you sell consulting or other services? These, also, can be successfully sold through eBay and other auction sites.

7. Run an eBay Consignment Shop

There are still people who don`t have a computer or who don`t use eBay. You could sell on a consignment basis for them, taking a commission on the successful sale. You would need to charge for advertising expenses incurred, such as eBay listing and selling fees.

8. Promote Affiliate Programs through Auctions

Some affiliate programs have brandable e-books that contain your affiliate link. When people order from the e-book that they bought from your online auction, you get credit for the sale. As well, some of those purchasers may sign up as affiliates, earning you additional commissions.

Some of these e-books have valuable information that is worth the nominal value you would sell it for on eBay. In other cases, such an e-book is readily available for free. In this latter case, you might consider selling another related product and offer the e-book as a free bonus.

9. Supply Fellow Online Auctioneers

During the gold rush days, it is said that those who sold picks and shovels were more likely to make money than those panning for gold. Similarly, since there is such a big market for online auctions, you can make money supplying eBayers with information and auction tools to help them start and grow their own online auction business.

10. Internet Auction Consulting

As you gain experience and expertise in online auctions, you might consider charging for your knowledge.

Consulting services, seminars, information products and other ways of packaging your knowledge can earn you additional income streams.

These are just a few of the ways you can profit from Internet auctions.

J. Stephen Pope, President of Pope Consulting Inc., has been helping clients to earn maximum business profits for over twenty-five years. To learn more about Internet auctions and other profitable Work at Home Small Business Ideas, visit www.yenommarketinginc.com/auctions.html

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Saturday, September 26th, 2009

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Who Wouldn’t Want to Own Silver Antiques?

Saturday, September 19th, 2009

There are silver antiques of so many varieties. Perfect for the horse lover is an exotic riding crop with a sugar-crusher handle for feeding horses!

Equally exotic is a six-slice, boat-shaped, toastrack (circa 1790) that could be used to hold papers upright on your desk. Also for your desk, adolescent, chastity devices would definitely be conversation pieces.

For women, silver antiques in the form of embossed Victorian wire-dangle earrings would be oh-so-elegant. From England in 1904 for women into purses, there is a lovely mesh finger purse.

For babies there are silver antiques (circa 1901) such as mugs engraved with leaves and flowers but also a place for engraving baby’s initials.

A thoughtful hostess could definitely use an English, basket/Bon Bon dish and a Victorian tea pot. And wouldn’t any chef be ecstatic with a fiddle-shape, English, fish slice with an acorn decorated blade?

A Victorian bellied tankard surely would delight any tankard/mug collector.

A few of the items above are priced at least in the low hundreds of dollars, but if you want to invest in silver antiques, there are Revolutionary-era coffee pots for a mere $1,850,000.00!

Whatever your taste or means, there are silver antiques out there to fulfill your choices.