Auction Information

eBay - The Basics


I began selling on eBay in 1999 and have found it to be an enjoyable and profitable experience. I had owned a retail computer store for a few years and decided to close it. I still had a lot of computer inventory and soon discovered eBay was a good resource for selling the parts.

This turned into an ideal situation as selling this way became a home-based business and the overhead was very low. This was a plus to my income opportunity. A spare bedroom in the basement soon became my eBay selling room.

As time passed, more people began selling computer parts and the margins were getting thin. I needed to come up with a new idea that would keep my profit margins at an acceptable level. Instead of selling the computer parts, I would compile a list of my resources and then sell the list as a wholesale resource. The computer wholesale list became an overnight success on eBay. The list has cost me nothing except time, and I was able to sell the list several hundred times. I compiled the list in Excel and also in a text file. Another option was to have it burned to a CD and then mailed to the customer. I charged an extra fee for the CD, and sold quite a few that way too.

After selling the wholesale list for a few months, eBay changed the rules and would no longer allow cross-posting the same item, and also limited the number of times the same item could be listed at the same time. This change caused sales to drop, and I eventually stopped selling the list.

I still had the eBay bug, and was looking for other (http://www.auctionmanger.biz) eBay resources to sell. I started going to garage sales and looking for unique and inexpensive items. This was also another successful resource and lasted for about a year until more people started realizing this technique, and it was getting more difficult to find the bargains.

The next resource I started using was going to auctions and putting the items I purchased on eBay. So far, this has been another good resource and one that I still use. My best buys are when I can buy a quantity of an item for a very low price.

One example was several boxes of HO scale train cars, engines and accessories. There were over 300 items and I ended up paying $150. That came out to 50 cents for each item. There was a lot of work photographing and writing a description for each item. The worked paid off as each item sold anywhere from $3.00 to $12.00 each, making a very nice profit margin.

Selling on eBay is still a resource for additional income, and I am always on the lookout for the next big sale.

James Hendrix has been putting people in business on the Internet since 1996. He has experience with web hosting, development, marketing and search engine optimization.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Blue Mountain Eagle

Foreclosure auctions considered a success
Blue Mountain Eagle
Grant County earned about $168,000 from an open auction held May 17 to sell tax-foreclosed properties and about $155,000 on a silent auction with bids opening June 15 for the remaining properties. Thirty-one tax-foreclosed properties were deeded to the ...



ECM Publishers

Two Large Collection Auctions
ECM Publishers
July 1 • 11:00 AM. 460 Cokato St W, Cokato, MN. 20+ Gas Engines (hit & Miss), Maytags, alum. trailer, fire fighter collectibles, home furnishings, mower & snowblower, bike, collectibles, gun shop collector retirement, guns parts, wooden duck decoys ...



Nasdaq

China plans to introduce anonymous bond auctions system
Nasdaq
In a notice confirmed by the sources, the China Foreign Exchange Trade System (CFETS), also known as the National Interbank Funding Center, said that the anonymous bond auction system would apply to bonds with high-yield and low-liquidity ...



Minnesota Monthly (blog)

Minnesota's First Fine Arts Auction House
Minnesota Monthly (blog)
Last year, Sean Blanchet and Robert Snell met at the Minnesota Antiques Dealers Association's Antiques and Decorative Arts Show. This year, they came back, young kids in tow, and set up a huge booth together under the name Revere Auctions.



Deadspin

NBA Auctions Off What J.R. Smith Wore When He Lost What Was ...
Deadspin
A token of J.R. Smith's eternal shame is up for sale on the NBA's auction site. “He played 38 minutes and registered 10 points with 2 assists and 6 rebounds,” ...
NBA Auctions JR Smith's Game-Worn Jersey From Game 1 of NBA FinalsSports Illustrated
JR Smith Game 1 jersey up for auction; how much would you bid?cleveland.com
JR Smith's jersey from his infamous Game 1 gaffe in the NBA Finals is up for auctionCBSSports.com
NESN.com -NBA Auctions
all 54 news articles »


Hurriyet Daily News

Turkish Treasury borrows over $1.4B through auctions
Hurriyet Daily News
The Turkish Treasury borrowed a total of 6.72 billion Turkish liras ($1.42 billion) from domestic markets on June 18, according to an official statement.
Turkey's Treasury holds auctions to borrow over $1.5BAnadolu Agency

all 4 news articles »


Ridgefield, CT Estate with Award-Winning Gardens Scheduled for Luxury Auction® June 29th
PR Newswire (press release)
RIDGEFIELD, Conn., June 19, 2018 /PRNewswire/ -- Following the successful sale of a 10-acre country home in Redding, CT, Miami-based Platinum Luxury Auctions has announced another, upcoming real estate auction in the town of Ridgefield. On June 29 ...

and more »


HelloGiggles

People are bidding tens of thousands of dollars for this single Dorito
HelloGiggles
It's an experiment gone oh-so-right and delicious. Late last week, Doritos unveiled a dinosaur-sized nacho cheese-flavored chip in partnership with Jurassic World: Fallen Kingdom (in the collaboration of our Jeff Goldblum dreams). And now, for a ...

and more »


FOX5 Las Vegas

Jerry Lewis and movie memorabilia auction at Planet Hollywood
FOX5 Las Vegas
Planet Hollywood Las Vegas Resort & Casino is scheduled to host an auction where famous pop culture items are up for bids, as well as Jerry Lewis's former belongings. Items once owned by Marilyn Monroe, Elvis Presley and Lucille Ball are expected to ...
Jerry Lewis' Daughter Shows Off Her Dad's Personal Items Going Up for Auction in Las VegasInside Edition
Jerry Lewis auction preview: From 'The Nutty Professor' to personal itemsNews3LV
'Star Wars,' Jerry Lewis, Trump items on auction in Las VegasLas Vegas Review-Journal

all 8 news articles »


Variety

Animation Memorabilia From Collection of Voice Actress June Foray Going Up for Auction
Variety
Memorabilia from the private collection of late voice actress June Foray will be up for auction beginning at 1 p.m. at Heritage Auctions. Foray is best known as the voice of Rocky the Flying Squirrel in the various “Rocky and Bullwinkle” series, Cindy ...


Google News

home | site map
© 2006