Auction Information

How to Make Money from Internet Auctions


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 becausethey 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 timefor you. You don`t have to stock any inventory. You simply pay your dropship supplier out of the moneyyou receive from your auction sale. They will ship the product directly to your customer.

For further information about drop shipping, visit:http://www.yenommarketinginc.com/dropship.html

4. Self-Publishing

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

A very popular format for self-publishing informationproducts 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 orreceive 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.

For further information about self-publishing, visit:http://www.yenommarketinginc.com/selfpub.html

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, relatedproduct offerings. This is where reprint and resalerights come in.

You can buy the rights to reprint or resell excellent information products created by other people. Some ofthese 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.

For further information about reprint and resale rights,visit http://www.yenommarketinginc.com/instantpub.html

6. Sell Your Services

Do you design logos or websites? Do you sell consulting or other services? These, also, can be successfully soldthrough 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 thosepurchasers may sign up as affiliates, earning you additional commissions.

Some of these e-books have valuable information thatis worth the nominal value you would sell it for oneBay. In other cases, such an e-book is readilyavailable for free. In this latter case, you mightconsider selling another related product and offerthe e-book as a free bonus.

For further information about affiliate programs, visit http://www.yenommarketinginc.com/affiliate.html

9. Supply Fellow Online Auctioneers

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

10. Internet Auction Consulting

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

Consulting services, seminars, information productsand other ways of packaging your knowledge canearn you additional income streams.

For more information about consulting, visit:http://www.yenommarketinginc.com/consulting.html

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

For more information about Internet auctions, visit:http://www.yenommarketinginc.com/auctions.html

RESOURCE BOX:

J. Stephen Pope, President of Pope Consulting Inc., http://www.popeconsultinginc.com/ has been helping clients to earn maximum business profits for over twenty-five years.

For valuable Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/


MORE RESOURCES:

CoinTelegraph

Bitcoin Goes Under the Hammer in Italy: Auctions and Crypto
CoinTelegraph
An Italian auction house based in Rome has opened up to the world of cryptocurrencies, blending the old with the new, as it will allow its patons to settle their payments in Bitcoin. While mass adoption has been slow for Bitcoin and other related ...

and more »


Holiday Bid & Buy Online Auction
Sioux City Journal
Siouxland Bid & Buy features great merchandise and services from local, trusted businesses who are customers of our newspaper. Using auction-style bidding, you can place bids on items available from these local vendors and, if you are the highest ...



CNBC

US Treasury yields lower as investors pivot focus to Fed developments
CNBC
U.S. government debt yields were lower Monday, as investors switched focus to the latest developments coming out of the auctions sphere and U.S. Federal Reserve. The yield on the benchmark 10-year Treasury note sat higher at around 2.372 percent at ...

and more »


TREASURIES-Prices slightly higher ahead of US debt auctions
Reuters
Focus on U.S. Treasury debt auctions * Investors expect solid demand for Treasury notes * ECB policy meeting also in focus (Adds comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Oct 23 (Reuters) - U.S. Treasury debt prices inched ...

and more »


Quartz

A Sunday in the life of a 90-year-old Indian auction house
Quartz
In the 1920s, the last functioning British auction house, Dowden and Company, which worked out of Broadway in Chennai, moved back to the UK. Two years after Dowden's departure, the government of India and the Madras high court expressed a need for ...



U.S. News & World Report

New York Real Estate Developer Buys Trump Drawing at Auction
U.S. News & World Report
This image provided by Julien's Auctions shows a sketch of the Empire State Building drawn by President Donald Trump that sold for $16,000 at auction on Oct. 19, 2017. The marker depiction of the iconic New York City skyscraper was created by Trump for ...
Art of the deal: Trump's Empire State Building doodle fetches $16000Reuters

all 13 news articles »


TechCrunch

Dropit runs live auctions on stadium scoreboards that fans bid on ...
TechCrunch
There's no doubt that our collective mobile device addictions are hurting real-world engagement for advertisers. This is especially true in professional..
DROPIT Partners With Phoenix Suns On In-Arena Reverse AuctionsSportTechie

all 3 news articles »


NY Sports Day

Gridiron Greats Memorabilia on Steiner Auctions Block for “Fall Classic” Auction
NY Sports Day
The Steiner Auctions' “Fall Classic” online auction is by no means limited to baseball memorabilia with a slew of collectibles signed by gridiron greats on the auction block up for grabs through November 18th. Such legendary Super Bowl champion ...



CleanTechnica

India To Auction 4.5 Gigawatts Of Wind Power Projects By February 2018
CleanTechnica
Sticking to its announced road map to expedite wind energy auctions, India will put 4.5 gigawatts of capacity on the block by February 2018. The Ministry of New and Renewable Energy has announced that auctions of 1.5 gigawatts of capacity each will ...

and more »


Domain Name Wire

Comparing the GoDaddy Auctions model vs. NameJet model
Domain Name Wire
There are two big players in the market for back ordering expiring domain names that haven't entered the deletion phase yet. These are names at registrars that have agreements with auction services to sell the names before they enter pending delete status.


Google News

home | site map
© 2006