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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 Wed. August / 23 / 2017

Central Bank of Iraq Auctions $164564938 on 23 August 2017 - Iraqi News

Iraqi News

Central Bank of Iraq Auctions $164564938 on 23 August 2017
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on August 23 registered $164,564,938 in sales, a 2.60% volume increase from the US $160,395,885 sold by Iraqi Dinar, credit and transfer at the previous auction held on August 21.


California pollution permits sell at highest price ever - Red Bluff Daily News

California pollution permits sell at highest price ever
Red Bluff Daily News
Last week's auction was the state's first since lawmakers voted to extend California's cap and trade program through 2030. It requires businesses, oil refineries and other polluters to obtain permits to be able to emit carbon, with the overall goal of ...


Property - Telegraph.co.uk

Telegraph.co.uk

Property
Telegraph.co.uk
The appeal of auctions is strengthening in a slow market, says Auction House. The property agent has put more buildings on the block in 2017 than in any other year of its decade-long history – 2,533 auction lots, up from 2,480 in 2016. These sales have ...


The Million-Dollar Blue Diamond on Auction in Beverly Hills - Live Trading News

Live Trading News

The Million-Dollar Blue Diamond on Auction in Beverly Hills
Live Trading News
Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach ...


Beatles' 'Eleanor Rigby' score expected to fetch $26000 at auction - Republica

Republica

Beatles' 'Eleanor Rigby' score expected to fetch $26000 at auction
Republica
"Each item is fantastic, unique and of significant historical importance in itself, so to have both come up at the same time is an incredible coincidence," said Paul Fairweather from Omega Auctions, which is selling the items. "I expect there to be ...

and more »

New five-pound SHOCK: Rare notes could be worth £17000 - here is how to spot one - Express.co.uk

Express.co.uk

New five-pound SHOCK: Rare notes could be worth £17000 - here is how to spot one
Express.co.uk
In May, a £5 note dated 1971 with a serial number A01 000004, which means it was handed to the then Chancellor Anthony Barber was sold at an auction for £16,800. Andrew Pattison of Spink & Son, says: “In terms of the serial number, anything at 000999 ...

and more »

Coca-Cola Selects The Future of Real Estate (FRE.com) to Conduct Online Auctions for 2 Former Distribution Centers - Markets Insider

Coca-Cola Selects The Future of Real Estate (FRE.com) to Conduct Online Auctions for 2 Former Distribution Centers
Markets Insider
NEWPORT BEACH, Calif., Aug. 22, 2017 /PRNewswire/ -- Having conducted successful auctions in the past for Coca-Cola Enterprises Inc, The Future of Real Estate (FRE), a leading online auction marketing firm, is once again conducting a sale by auction of ...


Pebble Beach Monterey Auctions Top $327 Million - Forbes

Forbes

Pebble Beach Monterey Auctions Top $327 Million
Forbes
RM Sotheby's killed it this weekend in Monterey, with total sales of $133 million, a turn of events in the Battle of the Auction Houses compared to last year when David Gooding's crafty little operation claimed victory with $129 million in sales. Chock ...

and more »

Victoria plans 650MW renewable auction, plus two new solar farms - RenewEconomy

RenewEconomy

Victoria plans 650MW renewable auction, plus two new solar farms
RenewEconomy
Victoria's state Labor government has unveiled the first of its large scale renewable energy auctions – for 650MW of wind and solar capacity – in the first major move towards its renewed commitment to reaching 40 per cent renewable energy by 2025.

and more »

Victoria unveils 650MW renewable auction, plus two new solar farms - RenewEconomy

RenewEconomy

Victoria unveils 650MW renewable auction, plus two new solar farms
RenewEconomy
Victoria's state Labor government has unveiled the first of its renewable energy auctions – for 650MW of wind and solar capacity – in the first major move towards its renewed commitment to reaching 40 per cent renewable energy by 2025. It also ...

and more »

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