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How to Make Money from Internet Auctions > NetSparsh - Viral Content you Love & Share

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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Sun Sentinel

$45M Vero Beach compound will go to the highest bidder at upcoming auction
Sun Sentinel
“The home was built in 2015 and the family that built it never really moved in,” said Katie Lawless, Project Sales Manager at Concierge Auctions. “They made a business decision to sell the home in a competitive auction process.” Lawless explained the ...


Auction Central News

Array of Native American art slated for Turner Auctions Dec. 17
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Three Salado stone effigies including a green-stone striped bear; another of rough gray sandstone with red paint in the mouth and a conical hole drilled into its back and a dark green stone example crudely worked, possibly representing a mountain lion ...


ABC17News.com

PETA asks USDA to investigate one of the world's largest animal ...
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Tucows moves expired domain names back to GoDaddy Auctions ...
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Move back to GoDaddy suggests that GoDaddy generates substantially more revenue per domain for registrars. Domain name registrar Tucows has moved its expired domain name inventory back to GoDaddy Auctions, Domain Name Wire has discovered. In September ...

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Reuters

Singer Neil Young's model trains fetch nearly $300,000 at auction
Reuters
Singer-songwriter Neil Young's extensive collection of model trains have fetched nearly $300000 at auction, along with classic cars and musical equipment owned by the 72-year-old folk-rock icon.
Neil Young's Model Trains Went for Nearly $300000 in Recent AuctionSPIN

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Community Brands To Acquire 3 Online Auction Firms
The NonProfit Times
Three of the most prominent online fundraising auction firms working in the charitable space are being combined under the Community Brands umbrella, which already includes software firms Abila, Aptify and YourMembership. Community Brands has acquired ...
Community Brands Adds Mobile Event Fundraising Technology to Power More Than 100000 Association, Nonprofit ...Markets Insider

all 2 news articles »

BethesdaMagazine.com

Grand Prize in Science Competition Goes to Bethesda Teen for Work on Auction Security
BethesdaMagazine.com
In this case, the puzzle to figure out was the security and integrity of auctions, including how to prevent manipulation by sellers. Komo, Blair High's first grand-prize winner, said there are simple auctions, such as selling an item on eBay, and there ...


New York Daily News

Gigi Hadid auctioned off pottery painting classes for big money to help a charity
New York Daily News
Even though Gigi Hadid couldn't attend the Pencils of Promise Gala on Thursday night she managed to raise some serious change for them in less than half an hour. The model who was represented by mom Yolanda Hadid auctioned off the opportunity to take a ...


JGBs dip slightly on caution ahead of auctions, Fed meeting | - Kitco
Kitco News
TOKYO, Dec 11 (Reuters) - Japanese government bond prices dipped slightly on Monday, though most investors stayed on the sidelines ahead of upcoming auctions and the U.S. Federal Reserve's policy meeting later in the week. The 10-year JGB futures fell ...

and more »

Fortune

Commentary: How America Bears Responsibility for Libya's Slave Auctions
Fortune
The story of slavery in Africa, like slavery in so many other parts of the world, is a painful chronicle whose origins go back centuries. It's not a new phenomenon. But the issue got a rush of new attention recently, when video of an apparently open ...

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