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We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics.
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
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
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/
Second busiest weekend of auctions
It was also a better performance compared with the same week last year when auction volumes were lower at 2916 homes going under the hammer. Melbourne recorded a preliminary auction clearance rate of 68.9 per cent across 1656 auctions last week, down ...
Barrington Research Research Analysts Lift Earnings Estimates for KAR Auction Services Inc (NYSE:KAR)
KAR Auction Services Inc (NYSE:KAR) – Stock analysts at Barrington Research lifted their FY2018 earnings estimates for KAR Auction Services in a note issued to investors on Tuesday, according to Zacks Investment Research. Barrington Research analyst G ...
KAR Auction Services Inc (KAR) Position Raised by Millennium Management LLC
Millennium Management LLC owned about 1.03% of KAR Auction Services worth $70,299,000 as of its most recent filing with the SEC. Other institutional investors also recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial ...
The New Daily
Malvern mansion takes out weekend's top sale – at whopping $6m
The New Daily
Sydney was host to 1055 auctions, with preliminary results showing a 67.8 per cent success rate, up from 62.2 per cent across 974 auctions last week. This time last year, the clearance rate was a stronger 76.8 per cent across 1001 auctions. “Buyers ...
KAR Auction Services Inc (KAR) Shares Bought by Deutsche Bank AG
KAR Auction Services logo Deutsche Bank AG increased its holdings in KAR Auction Services Inc (NYSE:KAR) by 5.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional ...
Central Bank of Iraq Auctions $200041909 on 18 March 2018
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on March 18 registered $200,041,909 in sales, a -0.03% volume decline from the US $200,110,472 sold by Iraqi Dinar, credit and transfer at the previous auction held on March 15 ...
Family homes in prized Melbourne pockets sell above reserve, despite low buyer depth
The auction of an architect-designed late-1970s home at 25 Barrington Avenue, Kew sold for $3.621 million. Photo: Jellis Craig. Principal Mal James said the bidder participation rate was a 40 per cent drop on the bidder numbers of 12 months ago. His ...
Times of India
HMDA auction to rake in Rs 250 crore
Times of India
HYDERABAD: The Hyderabad Metropolitan Development Authority (HMDA) has decided to auction 229 plots in various layouts in the city. They expect to raise 200 to 250 crore through the auctions. The funds starved metropolitan authority will utilise the ...
Investors are still 'missing in action' as Sydney market suffers loss of buyer depth
Another 79 properties were withdrawn from auction, and real estate agents did not report the results of a further 264 scheduled auctions. A905/780 Bourke Street, Redfern sold for $2,015,000. Photo: McGrath Edgecliff. This high level of unreported ...
The Australian Financial Review
Sydney, Melbourne housing boom is over, auction clearance rates show
The Australian Financial Review
Preliminary auction clearance rates, a proxy for how the housing markets fare week on week, were in the 60 per cent range for the two biggest housing markets last week, Corelogic data shows. For the full week, Sydney's auctions cleared at a preliminary ...
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