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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/
A politically dicey investigation into Wall Street banks allegedly rigging US Treasury auctions has stalled due to a lack of evidence, and it's unclear if the...
WOODLAND — There's a lot to admire in The Columbian's offices.
Sunday is the last day of the Barrett-Jackson auction and will feature the last round of high-powered collector cars.
What: Antiques Collectibles & Memorabilia. Where: USA Live Auctions; Auction Support Center, 4060 hacienda Ave. #100 Las vegas , NV 89118 United States.
“The Sell Sider” is a column written by the sell side of the digital media community. Today's column is written by Sara Badler, senior vice president of ...
Notre Dame School's Country Chic Gala and Auction, honoring Mark Wietstock, will be 5-9 p.m. Saturday, Feb. 2, at the Santa Barbara Woman's Club, 670 ...
The charity auction of the first 2020 Toyota Supra this past weekend shocked many when it netted US$2.1 million at Barrett-Jackson's annual event in Scottsdale ...
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(IDEX Online) – ALROSA raised total revenue of $463 million last year at the 32 international auctions it held for special size (over 10.8 carats) rough diamonds.
The Amarillo Bulls hockey team wore special jerseys for this weekend's games. The jerseys had rainbow ribbons which represented all the ribbons for different ...
The analysts from the Hagerty Insider have “five fast facts” to share from Arizona Auction Week 2019 which concluded Sunday, where 2660 collector cars sell for ...
Peter Lynch, one of Forbes Greatest Business Minds, adds $2 million worth of furniture to the upcoming auction for his Scottsdale house.
What: McPherson Griffin Southern Collection. Where: Childress Gaffney Auctions, 109 Cleveland Street, Greenville, SC 29601, United States. When: Feb 9, 3:00 ...
While no single work topped last year's $450.3 million “Salvator Mundi” painting by Leonardo da Vinci, plenty of other auction records were broken this year.
Several Arizona multimillion-dollar mansions, including one owned by Randy Johnson, could soon go to the highest bidder in a live Scottsdale auction.
After 40 years of business in Boston's Back Bay, the recently shuttered L'Espalier auctioned off everything Wednesday — from its industrial dishwasher to its ...
A rare penny that a Pittsfield teenager found in his lunch money more than 70 years ago was auctioned off for more than $200,000 on Thursday to a Concord ...
Get a peek at some of the collector cars that will be auctioned at Barrett-Jackson in Scottsdale on Sunday.
A 30858-square-foot Paradise Valley home that was once listed for $35 million is going up for auction later this month. The Paradise Valley home, called Villa ...
HARARE - The Zimbabwe Republic Police (ZRP) will on Wednesday auction 200 bales of clothes, shoes and other items in Graniteside, Harare. According to a ...
Invaluable said it sold half a million lots on its global marketplace in 2018, which is up 20% over the previous year and is up 130% over 5 years. The number of ...
Visitors formed long lines before daybreak on Tuesday to catch a glimpse of Tokyo's renowned tuna auctions — now at the Toyosu wholesale fish market — as ...
Two dozen horses in poor condition were rescued from a local auction, and almost half had to be put down.
Meanwhile, works by female and African American artists continue to gain recognition.
The ball used to famously sink the Pats in Week 14 sold for $18000 at auction!!!
Intel may be set to expand its ninth-generation extreme CPUs by one more notch, though it's a curious mix and priced oddly. The alleged 9990-XE will drop four ...
Arizona Cardinals receiver Larry Fitzgerald auctioned off three of his cars at Barrett-Jackson in Scottsdale Saturday.
Arizona Car Week kicks off this weekend with Barrett-Jackson, Bonhams, Gooding & Company, RM Sotheby's, Russo and Steele, Silver Auctions and ...
Artsy presents Rago Auctions: Modern Ceramics & Glass, featuring works by Dale Chihuly, Hans Coper, Yoichi Ohira, and more. In advance of the auction, ...
The owners are selling homes in Florida, Pennsylvania, New Mexico and Colorado that were previously individually listed for a combined $46 million.
The FCC's auction of 28 GHz spectrum officially surpassed $700 million after 35 days of bidding activity. The total amount of provisionally winning bids has ...
Artsy presents Rago Auctions: Modern Design, featuring works by George Nakashima, Gio Ponti, Harry Bertoia, and more. In advance of the auction, browse lots ...
Artsy presents Rago Auctions: Lost City Arts - 36 Years of Collecting, featuring works by George Nakashima, Harry Bertoia, Vladimir Kagan, and more.
India plans 350 GW solar, 140 GW wind power capacity operational by 2030, with share of renewable energy in overall power generation targeted at 40%.
Gooding & Co. will auction off some of the most expensive cars in the Valley on Friday and Saturday. We're talking multimillion dollar.
Jeff Gordon is auctioning off a 2016 Corvette C7.R with supercharged 6.2-liter LT4 V8 engine to raise money for cancer research at Barrett-Jackson.
Don Lutes Jr. kept the 1943 copper penny he stumbled upon in his high school cafeteria seven decades ago in a safe behind a wall in his Massachusetts home.
Collectors may have their sights set on Scottsdale and Barrett-Jackson, but used-car dealers focus their time in Tolleson, where Cox Automotive sells thousands ...
In 1864, the Civil War raged on, with severe consequences both on the battlefield and in commerce. The greenback could not hold its value and Confederate.
The original Surrender Agreement by Germany that ended WWII in Europe will be for sale.
The national auction clearance rate across the last quarter of 2019 fell to 43.6 per cent from 62.3 per cent the previous year.
Woodmere estate in Ligonier, once listed for $7.5 million, sold for under $5.2 million at a no reserve auction held in Chicago.
Prospective bidders soon will be able to bid on six mixed-use parcels totaling 33.76 acres at the Horizon Corporate Center in Bensalem. The land is zoned to ...
Two Maine shopping malls, one in Bangor and the other in Presque Isle, are up for auction. Irvine, California-based auction house Ten-X is advertising separate ...
Up to $1 million worth of vintage cars and automobile paraphernalia is going up for auction this weekend following the recent closure of the Dick's Classic ...
Summers Place Auctions will give collectors to own a piece of 20th century history next month, with the sale of two rare original sections of the Berlin Wall.
Debris from the Duke of Edinburgh's car accident have reportedly been put up for auction on eBay, reaching a highest bid of £65,900. The 'Prince Philip Car ...
The United States and Switzerland have made early moves to auction off 5G spectrum with many more countries set to follow. The U.S. is in the midst of ...
A weekend benefit for the families of three teenagers killed in a December car crash is on track to raise about $30000, according to organizers.
The McAlester Union Livestock Auction, McAlester, Oklahoma, reported receipts of 1750 head selling Jan. 15, compared to 2000 head a week ago and 800 ...
Baseball legend Randy Johnson's 25000-square-foot Paradise Valley mansion will go to the highest bidder on Jan. 31.
Oregon. EUGENE. (Eugene Livestock Auction). Dec. 22. Head Count: 293. Comments: Market steady overall, good quality feeder calves $4-5 higher. Light test ...
The five coolest cars up for sale at the Gooding & Company auction in Scottsdale, Arizona.
NORTHBROOK, Ill., Jan. 21, 2019 /PRNewswire/ -- Hilco Real Estate, LLC announces the date of February 28, 2019 as the online auction for the 29,302 sf ...
Of the 1750 vehicles on the docket for Mecum's 28th annual Las Vegas vintage motorcycle auction scheduled for January 22-26 at South Point, only 235 are ...
There are plenty of homes for sale in South Florida, but one property offers unbelievable luxury for less. It's an auction where, in theory, the buyer could pay a ...
A legendary Ford Mustang sold for a historic price at the Mecum Auctions event in Kissimmee, Fla., on Friday night when the bidding ended at $2,200,000.
French actress Catherine Deneuve shares her YSL items in auction, including the gowns she wore to the Academy Awards in 1993 and 2000.
While the late-rapper was serving time in the mid-90's, he drew an explicit drawing for his then-girlfriend, which is now going up for auction.
Fans of the A&E series, Storage Wars, will be able to see just what it's like to be on the hit reality show right here in the Hudson Valley.
Artsy presents Rago Auctions: Mid-Mod, featuring works by Eero Saarinen, Tommi Parzinger, Paul Evans, and more. In advance of the auction, browse lots and ...
The buyer of the 20-acre property learned about the auction only hours before it was to begin Thursday.
A neighborhood organization and a local nonprofit recently protested at the foreclosure auction of a Jamaica Plain home to prevent bidding on the property for ...
The Peddler Steakhouse was packed Saturday morning not by customers looking for a meal, but by those hoping to go home with a special reminder of their ...
Ford's newest Mustang coupe is worth a lot more than its first. The rights to the first 2020 Mustang Shelby GT500 were sold at the Barrett-Jackson auction in ...
The Anchor Bay High School Air Force Junior ROTC is accepting donations for its annual penny auction.
What the government shutdown could not do father nature has managed--suspend the FCC's 28 GHz spectrum auction.
A building which once housed the printing presses of the Record-Courier has found new life as an auction house. The Ravenna Planning Commission approved ...
Those who can't make it to the Naples Winter Wine Festival's live auction Jan. 26 will have a chance to bid on a different set of extravagant lots online starting ...
The fourth and final sale of Allan Williams' remarkable collection of Anglo-Saxon and Norman coins will take place Jan. 29 at Spink's London rooms in ...
A 1994 Club Car Golf Cart sold for $58,000 at Russo and Steele Collector Automobile Auctions on Thursday, with proceeds benefiting the family of fallen Salt ...
The red swimming trunks caused social media to go into meltdown during the last I'm a Celebrity series.
Can't be at the Barrett-Jackson auction in person? See which vehicles draw the biggest bids on TV.
Four luxury homes going up for auction in the same week by Robert and Miryam Knutson. They have been previously estimated in value for a combined $46 ...
The Mecum Auction's Kissimmee sale features an assemblage that includes rare road rockets from the 1930s through 1960s and beyond.
The Keoco Sale Barn, Sigourney, Iowa, reported receipts of 1572 head selling Jan. 14, compared to 992 head a week ago, according to the USDA-Iowa ...
“This is Jim Rockford, leave your name and a message”…if you'd like to buy my car. Or you can head to the Barrett-Jackson auction in Scottsdale, Ariz., on ...
A one-of-a-kind car auction has rolled into Osceola Heritage Park, inundating 190 acres with thousands of vehicles.
The finest-known 1885 Trade dollar – among the rarest and most enigmatic issues in all of American coinage – sold for $3,960,000 through Heritage Auctions ...
An 8-foot-tall meiji period vase for decades sat at Spenger's Fish Grotto, for diners to dazzle at. Historians thought it was lost or destroyed -- but no, it was in ...
In tough rental markets it is not uncommon for someone to walk into a rental property and offer the agent a higher price.
Gimmicks dominated the art scene but some technological changes have genuine potential.
Among the items for sale Saturday at a southern Wisconsin auction business is a box of World War II German replica pins featuring swastikas.
Long Valley Junior Women's Club is pleased to announce an art auction fundraiser being held to benefit Family Promise of Morris County on February 9 th at ...
Sellers Auction routinely holds auctions offering memorabilia, collectibles, antiques, tools, household wares and other bric-a-brac. But never before has the ...
Honor the legacy of Martin Luther King Jr., check out an art and wine festival or see what's going on the block at a high-end car auction.
A rare, restored 1970 Dodge Challenger Hemi R/T convertible with 4-speed manual transmission will be a highlight of Mecum's inaugural collector cat auction in ...
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PALM CITY — A 20-acre equestrian estate, part of the Box Ranches development near Indiantown, will be sold at auction Thursday to the highest bidder, ...
Jan 17 (Reuters) - Sears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the once iconic U.S. retailer after presenting an improved ...
Petrobras wants to exercise pre-emption rights for three areas ahead of the sixth bidding round of pre-salt offshore oil areas to be held later this year.
Paul Fosh Auctions has realised a business dream by launching its own lettings agency.The Newport-based auctions business has launched Paul Fosh ...
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A new auction house has opened in downtown Story City, and the owners want it to be more than a place to just buy and sell things. Kyle and Jennifer Miller ...
On Wednesday, January 30 at 10am, Doyle will hold an auction of English & Continental Furniture & Decorative Arts, Old Master Paintings and Russian Works of ...
Nadine Snyder, above, carries an oil painting titled “Early Spring” during the Project Gettysburg-Leon auction at Gettysburg College on Saturday. At right, the ...
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Those who attended the Project Gettysburg-Leon auction at Gettysburg College on Saturday were treated to a buffet featuring several types of chili, salad, rice ...
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