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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 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.

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 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.

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, 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.

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 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.

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 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.

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/


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Mon. October / 23 / 2017

The growth and struggle of local auctioneering - Macau Business Daily

Macau Business Daily

The growth and struggle of local auctioneering
Macau Business Daily
Our company was established in Macau in 2016, although we previously had most of our auctions held in Beijing. What is the current auction industry like in Macau? My opinion towards Macau is, first of all, it is an international city. Most of the ...


Cherokee Needy Children's Auction Dec. 16th - Chronicle Times

Cherokee Needy Children's Auction Dec. 16th
Chronicle Times
Stan Sitzmann has been in charge of all previous 47 auctions, and he says he is “hoping to reach the 50th, and then have someone else take over,as his health has been “sliding downhill.” For now, though, Stan will be out collecting for this year's ...


Auction action from around Adelaide on the weekend - NEWS.com.au

NEWS.com.au

Auction action from around Adelaide on the weekend
NEWS.com.au
THERE were 147 auctions held in Adelaide last weekend, with a 66.1 per cent clearance rate. Here are the results of some of the more interesting sales, from a character home in the CBD to a Kensington Gardens unit in need of renovations and an ...


Home sales rise but market remains soft - NEWS.com.au

Home sales rise but market remains soft
NEWS.com.au
Tasmania, the smallest auction market, recorded the highest preliminary clearance rate of the five capital cities, with 80 per cent of the five reported auctions successful, followed by Melbourne's 73.3 per cent. Brisbane and Perth had the lowest ...

and more »

Home sales rise but market remains soft - The Australian

Home sales rise but market remains soft
The Australian
Tasmania, the smallest auction market, recorded the highest preliminary clearance rate of the five capital cities, with 80 per cent of the five reported auctions successful, followed by Melbourne's 73.3 per cent. Brisbane and Perth had the lowest ...

and more »

Home sales rise but market remains soft - Brisbane Times

Home sales rise but market remains soft
Brisbane Times
Home sales across Australia's capital cities have risen slightly in the past week, but the market remains soft and prices steady. The national auction clearance rate rose to 69.4 per cent in the week to October 22, from a revised 67 per cent in the ...


Home sales rise but market remains soft - The Sydney Morning Herald

The Sydney Morning Herald

Home sales rise but market remains soft
The Sydney Morning Herald
Home sales across Australia's capital cities have risen slightly in the past week, but the market remains soft and prices steady. The national auction clearance rate rose to 69.4 per cent in the week to October 22, from a revised 67 per cent in the ...

and more »

Home sales rise but market remains soft - SBS

Home sales rise but market remains soft
SBS
The national auction clearance rate rose to 69.4 per cent in the week to October 22, from a revised 67 per cent in the previous week, marking a 21st consecutive week with a clearance rate below 70 per cent, preliminary figures from property data group ...

and more »

Treasury Auctions Set for the Week of Oct. 23 - New York Times

Treasury Auctions Set for the Week of Oct. 23
New York Times
The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ...


Lawsuit aims to halt Berkshire Museum sale of artwork - Bennington Banner

Bennington Banner

Lawsuit aims to halt Berkshire Museum sale of artwork
Bennington Banner
PITTSFIELD, Mass. — Three sons of artist Norman Rockwell went to court Friday to stop the auction of 40 works owned by the Berkshire Museum, including two donated by their father. Their action represents the clearest challenge to date of the museum's ...

and more »

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