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Net Auctions and Auction Information |
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Online Auctions Business
Online auction sites are a great way to find a bargain on almost anything and an excellent way of getting the best price for selling something of your own. Online auctions are different from their real-world counterparts. You are free to take your time browsing the listings and bidding takes place over a period of days rather than minutes. Online Auctions offer good opportunity for anyone wishing to start an online business for a number of reasons. If you feel you have the persistence necessary to run your own successful business, this is one opportunity you should consider. Basic Idea Your business is to sell playing intermediary role helping people to buy items they need. You do not need stock as you can start by placing drop shipper's items on eBay to get you started. Drop shipping is used by intermediary and mail order companies who do not wish to stock inventory of the products sold for future delivery through mail order, catalogues and internet advertising. You send single unit orders for products to manufacturers, or major stocking distributors, who in turn drop ship the merchandise direct to your customers found at online auction. Manufacturers providing drop shipping services can gain additional sales, shift advertising costs to middlemen, offer advertising material and reduce inventory requirements. You shift the risks of stocking inventory to the supply source, including storage, insurance, overhead, and personnel by spending nothing on inventory, until after the product is sold. Advantages Minimal capital needed to start. You loose a few dollars in eBay fees if your item doesn't sell. Disadvantages Lack of public information on general sales methods and techniques used. This is not passive income system. You should work all the time you want to run your business. Common mistakes to avoid 1. Listing an item with wrong auction expiration time. It's a known fact that more buyers browse auction sites on Sunday evenings than any other time during the week. 2. Not giving your listing the attention it deserves. Lots of people place items without photos and even good description. Lots of people use all kinds of flashing animation, multicolored text and other bells and whistles in an attempt to entice bidders. Listings like these are distracting, hard to read, and will always discourage people from bidding, resulting in a lower final sales price. 3. Using a reserve price. Using a reserve price to guarantee thatone will get a minimum price for an item. People will not bid on "Reserve" auctions as they don't want to get "Reserve not yet met" message. 4. Not planning your business activities. It is always better to create business plan and start implementing it. Ebay business requires procedured to be done everyday so plan it thoroughly. 5. Not selecting several good drop shippers. Your business should be stable. Drop shippers can quit and also they can kill your business by not meeting your expectations. So rotate them until you get several good ones for your business. You can find books to read first and Online Actions list at www.RichTrack.com. Written by Helen Peshkova, RichTrack.com. http://www.RichTrack.com is one of the first business oriented education portals. It's the leading online business information network for millionaires. The goal of RichTrack.com is to present business content in a professional, helpful and practical format that helps you getting rich.
MORE RESOURCES: Three years later, the Sheriff’s Office resumes auctions for 1,000-plus tax-delinquent properties The Philadelphia Inquirer GWS Auctions Reps Say Priscilla Presley Had 'Very Clear' Recollections of Elvis Memorabilia - PEOPLE Mecum Auctions continue at the Farm Show Complex in Harrisburg WGAL Susquehanna Valley Pa.
Mansfield Memorial Museum plans online auctions as it restructures to all-military museum Mansfield News Journal Auction of controversial African art collection in Houston again halted by 11th-hour court filing Houston Public Media Selected Western livestock auctions Capital Press TRF Holds 'Stallions for Second Chances Halter Auction' Thoroughbred Daily News OJ Simpson's items can go up for auction, judge rules Fox 5 Las Vegas From Heisman Trophy to SUV, O.J. Simpson property auction approved to pay off civil claims Los Angeles Times Sold! Susquehanna Valley man is one of the top auctioneers in the country WGAL Susquehanna Valley Pa. VIDEO | Raucous bidding at Washington County Fair Jr. Livestock Auction washingtoncountyinsider.com Las Vegas judge allows O.J. Simpson estate to auction off memorabilia KLAS - 8 News Now Some Elvis Collectibles Recently Sold at Auction Could Be Fake, Graceland Execs Allege - Robb Report Stunning Three-Story TriBeCa, New York City Penthouse Heading to Auction via Concierge Auctions EIN News Thoroughbred Retirement Foundation: Second Chances Halter Auction Runs Through Aug. 3 Paulick Report Watch Presented To Joe DiMaggio Honoring 61-Game Hitting Streak in 1933 Now at Auction Sports Collectors Daily VIDEO | 4-H Silent Auction in the Ziegler Building at Washington County Fair washingtoncountyinsider.com Bidding sets record at 99th Chincoteague Pony Auction easternshorepost.com Support the future of woodworking at the IWF Silent Auction woodworkingnetwork.com Princess Diana's Letters to Be Sold at Town & Country Treasury likely to keep most auction sizes steady for now StreetInsider.com Maine Masterpieces & Moxie Memorabilia at Thomaston Place Auction Galleries on August 23-25 PenBayPilot.com Items from Hull’s Paragon Boardwalk to be sold at auction Boston News, Weather, Sports | WHDH 7News Rob Wolfe of American Pickers and Jordan Richmond of Richmond Auctions Announce Second Annual Bettendorf Americana Business Wire More defaults, and perhaps auctions, for Mattson-owned properties in Sonoma Valley The Santa Rosa Press Democrat MyRacehorse Launches Online Auction Fund for Aftercare BloodHorse.com Selling to the highest bidder: Raleigh mansion with a Russian criminal history Raleigh News & Observer Graceland Questions Authenticity of Elvis Presley Memorabilia Sold by Auction House Hollywood Reporter Iconic ’80s Billboard Star Angelyne Lists Her Used Undies For Sale In Auction To Fund Her Own Film Daily Caller Poland: RES Auctions Timetable 2024 Clyde & Co Michael Jackson's Signed Drawings Set For Auction in Los Angeles Hollywood Reporter Broad Arrow Auctions Releases Complete Digital Catalog GlobeNewswire Freaks movie poster gets over $100,000 at auction JustCollecting News WWE Hall of Famer Ric Flair Reacts to Match-Worn Jungle Robe Being on Sale at Auction Bleacher Report Pony Auction proceeds set another record Shore Daily News Exclusive ski-in, ski-out chalet in Breckenridge, Colorado goes to auction The Denver Gazette 4-H Blue Ribbon Livestock Auction Is at Ogle County Fairgrounds Aug. 3 Morning Ag Clips - Heartland Motorsports Park says auction canceled, 'pre-auction offer received' The Topeka Capital-Journal Kobe Bryant locker, Maradona jersey up for auction in New York Port Lavaca Wave Kobe Bryant locker, Maradona jersey up for auction in New York The Elkhart Truth Kobe Bryant locker, Maradona jersey up for auction in New York Miami County Republic Auction Values for 2024 Fantasy Football fantraxhq.com Kobe Bryant locker, Maradona jersey up for auction in New York Lenoir News-Topic Ultra-rare NES Gold Nintendo World Championships cartridge auction sits at $77,000 — one of only 26 ever made Tom's Hardware Brazil's Rio Grande do Sul state plans new airport PPP auction BNamericas English Dover Shoney's restaurant, the last in Ohio, to close and be sold in online auction - Times Reporter Unique George Washington Gift: Freeman’s | Hindman Books and Manuscripts Auction Fine Books & Collections Magazine |
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