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.ht ml

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/

In The News:

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The Importance and Necessity of Industrial Auctions  Chiang Rai TimesIndustrial auctions are an indispensable element for industries. Industry is a branch of activity in bulk production by changing the nature or form of a substance or ...
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Regulators to scrutinise CCP default auctions  Risk.netGlobal regulators are debating options to improve the design of clearing house default auctions, amid calls from banks and other market participants for a ...
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Durgin-Park memorabilia is on the auction block  The Boston GlobeAfter Durgin-Park closed on Jan. 12, one of the most common refrains uttered among locals seemed to be, “I wish I had gone.” The 192-year-old restaurant was ...
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The FCC Just Wrapped Its First 5G Airwave Auction, and It Didn't Even Crack $1 Billion  FortuneThe first 5G airwave license auction ended with the Federal Communications Commission receiving total winning bids of $702 million.
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Local News Clark County to hold first surplus auction of the year Amy Abdelsayed 9:55  KTNV Las VegasLAS VEGAS (KTNV) — Clark County's first government surplus auction of 2019 is just around the corner and the preview and pre-registration begin next week.
Big Changes Expected For The Boulevard Mall If It Goes To Auction  wyrk.comThe way people shop has completely changed so of course the places where we shop will need to change too. That looks like the case with The Boulevard Mall.
Finders keepers: KCSO selling seized items in online auction  WBIR.comThe auction company said buyers will find several designer brands for sale including over a thousand watches.
Industry Stunned as Mexico Cancels Clean Power Auction  Greentech Media NewsMexico's renewables sector is reeling from the cancellation of an upcoming clean energy auction and the likely handing of power back to state entities.
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Antigua Villa Heading to Auction  Caribbean JournalA luxe Antigua villa is headed to auction, Caribbean Journal has learned: the Villa Nonsuch at Antigua's prestigious Nonsuch Bay.
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SoftBank-Bharti-Foxconn JV shines in India's solar auctions  QuartzJapan's SoftBank is popular in India mostly for its massive investments in the country's fledgling tech startups. But the group, headed by billionaire Masayoshi ...
Jourdanton Chamber of Commerce BBQ/Auction  Pleasanton ExpressOnce again the The Jourdanton Chamber of Commerce would like to invite everyone to their annual BBQ & Auction that is fast approaching! Mark those ...
Chocolate auction supports youth programs  ValleyjournalARLEE – Auctioneer JR Strand had never seen a three-way tie for the top honor at the Arlee Chocolate Lover's Festival, but he did this year af...
Auction House sells iconic rock band warehouse ...  Property Investor TodayA warehouse used by the iconic rock band, Iron Maiden, has been sold by Auction House London. The recent Auction House auction – which took place on...
Auction report: 'If she's not blue, she just won't do!'  AgrilandCheffins held an 'on-site' farm machinery auction in Cambridgeshire (England) earlier this month – on February 5. It was run on behalf of BC & DM of Risely ...
SUPER MARIO BROS. $100k Auction!....  GameTyrantAn original sealed copy of Super Mario Bros. has been sold at auction for over $100k.
Sheldon Christian School hosting auction | News  nwestiowa.comSHELDON—The good book says faith can move mountains and a group of believers also hope it can help raise $35000 for Sheldon Christian School.
Brazil okays Dec 20 transmission auction outcome  Renewables NowFebruary 20 (Renewables Now) - Brazil's power sector watchdog Aneel approved on Tuesday all 16 transmission batches awarded in the December 20, 2018 tr.
CarDekho, Gaadi Parent Girnar Software Acquihires Carbiqi, Adopts Retail Auction Model  Inc42 MediaGirnar Software-owned ecommerce platforms for buying and selling cars, CarDekho.com and Gaadi.com, have added offline and online retail auction model for ...
Art auction funds scholarship in memory of beloved teacher  Big Country HomepageA new scholarship is being organized in memory of beloved Wylie art teacher Stacy Horton Sanchez. You can help fund the scholarship for it's first students at a ...
Auction Preview: RM Sotheby's: Amelia Island Sale, Florida, Feb 8  BLOUIN ARTINFOWhat: ​ RM Sotheby's: Amelia Island Sale. Where: RM Sotheby's, 4750 Amelia Island Parkway, Amelia Island, Florida, United States 32034. When: February 8.
Auction Preview: Furniture and Decorative Art at Dorotheum, Vienna, Mar 11 | Artinfo  BLOUIN ARTINFOWhat: Furniture and Decorative Art. Where: Dorotheum; Dorotheergasse 17, 1010 Wien, Austria. When: March 11; 04.00 pm. Top lots of the sale: - An imposing ...
Silent Auction Will Benefit Programs At Linden House  Ste. Genevieve HeraldFrench Colonial America, the properties of the campus of the National Society of the Colonial Dames of America in the State of Missouri, will host a silent auction ...
Phillips to Auction 164 Lots of 20th Century and Contemporary Art  Barron'sPhillips will auction 164 pieces of 20th century and contemporary art at an evening sale March 7 and a day sale March 8 in London. The auction will include ...
Delta puts VIP bourbon tour up for auction with miles  Atlanta Journal ConstitutionDelta Air Lines is holding a SkyMiles auction for a VIP bourbon tour that will involve curating a Woodford Reserve bourbon for Sky Clubs.
Geelong real estate: Ocean Grove unit sells after auction  NEWS.com.auTHE buyer of a two-bedroom unit in Ocean Grove was one step ahead of other potential buyers at auction by having finance organised.
SCS Winter Auction Packer football | News  nwestiowa.comThis football signed the 2018 Green Bay Packers will be up for bid during the Sheldon Christian School 2019 Winter Auction on Friday, Feb. 22.
Auction Preview: Home & Interiors at Bonhams, London, Mar 13  BLOUIN ARTINFOWhat: Home & Interiors. Where: Bonhams, Montpelier Street, Knightsbridge, London SW7 1HH, UK. When: 13 March, 10.00 GMT. Public Viewing: 10 Mar 2019 ...
Tata Teleservices offers to surrender spectrum allocated without auction  Economic TimesNEW DELHI: Tata Teleservices has offered to surrender spectrum allocated to it without auction in around 15 circles before its merger with Bharti Airtel is ...
Teenage County fanatic auctions FA Cup ticket in memory of sister  South Wales ArgusA TEENAGE Newport County fanatic has used his side's upcoming FA Cup clash with Manchester City to help raise money for charity.
Tea Board to restrict auction of teas priced below ₹60/kg to ensure quality  BusinessLineAs part of its initiative to check the flow of sub-standard teas and help improve the price discovery at auction centres, the Tea Board of India proposes to restrict ...
David Gilmour's guitar collection comes to auction  Christie'sDavid Gilmour's 1969 Black Fender Stratocaster has earned its place in rock'n'roll history. Known as 'The Black Strat', the guitar was purchased in 1970 at ...
PNB plans to put up more than 4,000 properties for e-auction  The Hindu BusinessLinePunjab National Bank (PNB) has decided to place more than 4000 properties all over India on e-auction as part of the SARFAESI Action initiated by the public ...
Quora adds search-like keyword targeting, Auction Insights for advertisers  Search Engine LandSAN JOSE — Quora continues to rapidly build out features and capabilities of its not-yet-two-year old advertising platform. The question and answer platform ...
Global Wine Auction Market Exceeds $479 Million in 2018 | Collecting News | Collecting  Wine SpectatorWhile 2018 was a volatile year for Wall Street, it was a winning year for wine auctions. Bidders paid record prices for a host of rarities ranging from Domaine de ...
Two Clallam parcels set for auction in Department of Natural Resources land exchange  Peninsula Daily NewsCommon School Trust to gain interest in 368 acres in Skagit County.
Rare vase from 1893 Chicago World's Fair sells at auction for $110,000 to New York collector  Chicago TribuneMade in Japan, exhibited at the Chicago World's Fair in 1893 and hiding in plain sight in a California seafood restaurant for nearly a century, a rare giant vase ...
Up for auction: Bob Dylan's childhood bathroom sink  Bring Me The NewsIt's being sold on Ebay by the owners of the former Zimmy's Restaurant.
Feds auction off prized horses of ex-Venezuela treasurer who got rich as socialist country crumbled  Fox NewsAs Venezuela's path of socialism was going bust and millions of people were drowning in poverty without access to adequate healthcare or even food, a small ...
Feds auction off former Venezuelan government treasurer's show horses 'worth $9 million'  Daily MailAlejandro Andrade, main, was forced to surrender 14 world class show jumping horses, inset, after he was sentenced in West Palm Beach federal court in ...
Irish island with ancient monastic ruins up for auction  Aleteia ENAn island where 7th Century monks once lived is up for auction.
007 Lots You Can Buy In The Bond & Beyond Auction  ForbesMemorabilia associated with James Bond and other vintage action stars hits the auction block on February 7th. A range of material from actual film-used props to ...
Auction set for kuleana on Zuckerberg estate  Thegardenisland.comLIHUE — Several small land parcels located within the boundaries of Facebook CEO Mark Zuckerberg's 700-acre estate on the North Shore will be sold at a ...
Durgin Park Memorabilia Goes On The Auction Block  CBS BostonBOSTON (CBS) – Somehow, didn't you think that Durgin Park would be around forever? After all, it's been serving food in Quincy Market since 1827. Actually ...
Gujarat finds solar tariffs high, cancels auction  Economic TimesBENGALURU: The Gujarat government has cancelled the solar auction for 700 MW it held in December on the grounds that the winning tariffs reached were too ...

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