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:

Artist auctions off a virus-ridden laptop for $1 million  MashableThe piece, by artist Guo O Dong, is titled "The Persistence of Chaos," and the name is apt because the laptop could wreak some serious havoc.
Mexico auctions seized vehicles outside presidential mansion  Washington PostMEXICO CITY — Seventeen black, bulletproof Chevrolet Suburbans stretched in a neat, polished row outside the onetime official residence of Mexico's ...
Party politics: Huge event-ready house in D.C. area is headed for auction  The Real DealA mammoth house made for lobbyist-level entertaining in the Washington, D.C., area is headed for auction. A live on-site auction with no reserve will be held ...
Oregon Ranch With Own Airstrip in a National Forest Heads to Auction  Mansion GlobalKnown as Illahee Ranch, the estate spans more than 77 acres in the middle of the Umpqua National Forest and will be going under the hammer live at the ranch ...
Rare portrait of John Constable's great love goes to auction  BT.comThe famed British painter sketched his wife as a keepsake.
Facing fund crunch, HSVP to auction commercial properties  Hindustan TimesFacing a financial crunch spurred by indebtedness, the Haryana Shahari Vikas Pradhikaran (HSVP) has directed its estate offices in Haryana to prepare a list of ...
'A good feeling out there': Agents upbeat as bidders return to Sydney auctions  Domain NewsMore bidders and bigger crowds turned out for Sydney\'s weekend auctions, leaving many feeling more optimistic about the property market.
Brazil's ANP identifies opportunity to postpone oil and gas auctions in 2019  WorldOilThere is room to discuss postponement of at least one oil and gas auction in 2019.
Tamil Nadu discom to halt wind and solar auctions  Economic TimesInstead, it will buy clean power from the Solar Energy Corporation of India (SECI) to fulfil Renewable Purchase Obligation, a senior state government official told ...
Adani Quotes Lowest Tariff of ₹2.69/kWh in SECI's 1.2 GW Solar-Wind Hybrid Auction  Mercom IndiaAdani Green Energy emerged as the lowest (L1) bidder in the auction conducted by the Solar Energy Corporation of India Ltd. (SECI) for 1,200 MW of ...
Kurt Cobain’s Sweater From Final Photoshoot Sells for $75,000 at Auction  Rolling StoneA sweater worn by Kurt Cobain during the singer's last photoshoot with Nirvana sold for $75,000 at auction Saturday. The cardigan, which Cobain donned at a ...
Mexico to auction Lamborghini, other seized assets to help poor  ReutersMEXICO CITY (Reuters) - Mexico's government will auction a Lamborghini, homes and other assets seized from gangsters and at least one former politician, ...
Poor Response Forces Indian State To Stop Renewable Auctions  CleanTechnicaMay 24th, 2019 by Saurabh. Lack of adequate and low-priced bids for large-scale solar and wind energy tenders has led the south Indian state of Tamil Nadu to ...
You can buy property at up to 30% discount in auctions: Here's how to do it  Economic TimesProperty sold through auctions is cheaper than the prevailing market rate. ET Wealth tells you how to go about it.
Owner-occupiers triumph at inner north auctions but market still subdued: agents  Domain NewsVendors in Melbourne's inner north enjoyed moderate success at auction on Saturday, with agents saying the federal election result hasn't immediately ...
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Art Collectors Splurge on Trophy Works at Auctions  The Wall Street JournalCollectors jostled at the high end of the market during the New York auctions, smashing record prices for more than four dozen artists, including Claude Monet ...
Iron ore mine auction delay may hit steel production in 2020  LivemintThe dearth of domestic iron ore supply will necessitate an increase in the import of iron ore mix.The initiation of the auction process was delayed till the latter half ...
Coal India to increase auction offering by 14% in FY20  Economic TimesIt is expected to bring down premiums in the auctions market and offer respite to independent power, cement, sponge iron companies among others that depend ...
Auctions and house sales this weekend could determine future of housing market  Daily MailThe housing market could be set to recover as auction rates have doubled since the Federal Election last weekend, in what an expert takes as a positive ...
Tame Inflation Makes $131 Billion Bond-Auction Deluge Palatable  BloombergA $131 billion deluge of Treasury notes is about to hit with yields at their lowest in more than a year. But bond traders can take heart: This week is also expected ...
Volume rises at Coonoor tea auctions  BusinessLineA volume of 13.39 lakh kg has been catalogued for Sale No: 21 of Coonoor Tea Trade Association scheduled for Thursday and Friday.This is as much as 2.35 ...
Corinphila June 11-17 auctions offer the world in 10 volumes  Linn's Stamp NewsThe Swiss auction firm Corinphila has prepared a 10-volume auction catalog series for the sales of stamps and postal history taking place June 11-17 at its ...
Mexican Government Auctions Seized Cars From Corrupt, Criminals to Benefit the Poor  The DriveIn a move that should temporarily restore your faith in humanity, the Mexican government will be auctioning off a total of 82 cars seized from the wealthy, corrupt, ...
American Artist Jeff Koons' "Rabbit" Sculpture Auctions For A Record $91 Million  DOGOnewsOn Wednesday, May 15, 2019, an anonymous buyer paid slightly over $91 million to acquire American artist Jeff Koons' "Rabbit" sculpture at Christie's Post War ...
IRS to auction off hundreds of gold, silver coins seized from tax evader  Fox BusinessThe IRS is set to auction off some valuable assets this week that were seized from a person who failed to pay taxes to the agency over a number of years, ...
National Auction Market Preview - 26 May  CoreLogic Property NewsThis week, all of the busiest suburbs for auctions are in Victoria. Topping the list with 21 homes scheduled for auction is Reservoir, followed by Bentleigh and ...
Adani Green Energy, ReNew Power only bidders in hybrid auction  Economic TimesRenew Power and Adani Green Energy made techno-commercial bids for 300 MW and 600 MW, respectively, people close to the development said.
Pro Kabaddi League: A look back at the Top 4 buys of the Season 1 Auction  SportskeedaSeason 7 of the Pro Kabaddi League (PKL) is set to start from July this year and since the auctions which were held in the month of April, teams have already ...
Spectrum auction need to be commenced for 5G roll out: Tech Mahindra  Economic TimesThe Department of Telecomm need to commence the auction of 5G spectrum in India as the regulators in some countries have already formulated policies and ...
Online Auction Platform Dropit Combines The Excitement Of Gaming With Retail  ForbesDropIt is an online platform for 60-second reverse auctions, where prices start high and ratchet lower in one second increments. Founders, co-chief executives ...
Jack Nicklaus’s Gold Rolex Watch Is Set for Auction  The Wall Street JournalIn nearly every photograph of Jack Nicklaus hoisting a trophy, there was a constant: a gold Rolex watch. Now, the 79-year-old golf legend is about to put the ...
Women painters take center stage at New York art auctions - Extraordinary recalibration  Economic TimesWith a new record expected for a work by Lee Krasner and another one possible for a Helen Frankenthaler, the appetite for female abstract painters, and women ...
Turkey Said to Lean on Local Banks to Support Its Debt Auctions  BloombergTurkey is leaning on local banks to buy more government bonds in debt auctions.
Transformation of support system for renewables following introduction of renewable energy auctions in Ukraine  pv magazine InternationalFollowing the adoption of the Law of Ukraine "On the Electricity Market" (the Electricity Market Law) in 2017, which set out the legal framework for the new ...
Personalised number plate sells for over £35,000 at DVLA auction, here's why  ExpressLast week there was a *fresh* number plate auction which saw thousands of plates auctioned off. These number plate auctions are incredibly popular and see a ...
Latest Cap-and-Trade Auction Shows Strong Results  Streetsblog CaliforniaThe California Air Resources Board just released the results from the latest – the 15th – joint California-Quebec cap-and-trade auction, and the program seems ...
CBRT announces that it will restart 1-week repo auctions  ForexLiveThe auctions were suspended for almost two weeks That said, the lira is continuing to come under some light pressure after a brief recovery as USD/TRY still ...
Mughal, Indian royal jewels up for New York auction  Business StandardMughal emperor Shah Jahan's jade hilted dagger, the priceless jewels of the Nizams of Hyderabad, and a string of pearls belonging to Rajmata Gayatri Devi of ...
Cottage in Sydney's Lilyfield soars $105,000 above reserve at auction for $1,545,000  Domain NewsBuyers made spirited bidding at auctions in Sydney on Saturday, with agents expressing quiet confidence that sentiment has shifted in the past week. Industry ...
Who Were the Breakout Stars of New York’s Spring Art Auctions? We Crunched the Numbers to Find Out  artnet NewsData shows which new entrants to Christie's, Sotheby's, and Phillips contemporary sales sparked the fiercest bidding in New York.
GDT hits first dip in 12 auctions  AgrilandThe Global Dairy Trade (GDT) index hit its first decrease in 12 auctions earlier today, bringing with it the first negative result of 2019.
Auction report: 'Best in blue' from this month's big sale  AgrilandMonday, May 13, saw the latest monthly Cambridge Machinery Sales auction take place at Cheffins Auctioneers' sale grounds in Sutton, Cambridge (England).
Tata Power Renewable Energy wins Gujarat solar auction  Economic TimesTata Power and state-owned Gujarat Industries Power Company Ltd (GIPCL) were the only bidders who bid for 250MW and 50MW respectively at a tariff of Rs ...
This Los Angeles County Mansion Will Be Sold At Auction With No Reserve  ForbesA spectacular estate in Diamond Bar Country Estates, the gated enclave located in the San Gabriel Valley of eastern Los Angeles County will be sold by Elite ...
BLACK FRIDAY AUCTIONS - Ad from 2019-05-26 | Ads  STLtoday.comBLACK FRIDAY AUCTIONS - Ad from 2019-05-26: Top of St. Louis MET Restaurant Closing! Walk-ins, ovens, dishes and ban...
Formula One Collectible Token Auction Begins  ICO Examiner NewsThe first official Formula 1® non-fungible token (NFT) collectible has gone on auction through F1DeltaTime, the Animoca Brands' Ethereum blockch.
Big results: Multimillion-dollar auction sales recorded despite election  Domain NewsIn a weekend of shock federal election results, there were also some surprising outcomes at auctions in capitals across the east coast of Australia. Despite the ...
DoT preparing cabinet note for spectrum auction for new government  ETTelecom.comThe much-awaited spectrum auction will finally happen in the second half of 2019 -- soon after the new government takes over at the Centre.
Harry Potter book on auction for £30,000 despite 'wear and tear'  Metro.co.ukWe've all got one or two Harry Potter books lying around at home. But it might just be worth digging them out after one copy of The Philosopher's Stone was...
Sotheby's to hold 'Important Judaica' auction  The Jerusalem PostSotheby's, the international broker of fine art, jewelry and collectibles will hold an auction titled "Important Judaica" on June 5.
Holland mansion going to auction with no minimum bid required  Detroit Free PressA Holland mansion previously listed as $5.65 million is up for an absolute auction, or no required minimum bid, next month. According to a news release, the ...
Meet the Data-Obsessed Collector Tracking Whiskies Going for Millions on the Auction Block  FortuneThere are three types of buyers for the world's rarest Scotch whiskies: drinkers, collectors, and investors. Andy Simpson is all three. “Today's collectors provide ...
REA O'Connor Murphy Summer Auctions take place at Limerick Strand Hotel  Limerick LeaderTHE FIRST of REA O'Connor Murphy's Summer Auctions took place in The Limerick Strand Hotel, on Wednesday last 22nd May. There were almost 40 lo...
5G likely to mess with weather forecasts, but FCC auctions spectrum anyway  Ars TechnicaA US Navy memo warns that 5G mobile networks are likely to interfere with weather satellites, and senators are urging the Federal Communications ...
John Lennon-Owned, Beatles-Signed ‘Butcher Cover’ LP Sells for $234,000 at Auction  Rolling StoneA John Lennon-owned copy of the Beatles' infamous “butcher cover” version of Yesterday and Today, autographed by three members of the Fab Four, sold for ...
Gila County Vehicle Auction June 8  Arizona Silver BeltGila County will auction cars, trucks, tractors, floodlights and more on Saturday, June 8. Everything must go — from a 1987 Kenworth tractor originally bought for ...
Functioning Apple-1 with unique accessory lot sells for $471K at auction  9to5MacThe Apple-1 auction went for a final price of $471000. That puts it near the low-end of a range, but still more than other Apple-1s have sold for recently.
The New York Day Sales: Highlights from a Week of Modern and Contemporary Auctions -  ARTnewsNew records were set for Mickalene Thomas, Amy Sherald, Ed Clark, Rashid Johnson, Kevin Beasley, and many more.
Tariff Bids Rise Further In Indian State's Solar Power Auction  CleanTechnicaTariff bids by project developers continued to rise in Indian auctions, with several major developers avoiding large-scale auctions. The Solar Energy Corporation ...
A Monet Sells for $110.7 Million, an Auction High for an Impressionist Work  The New York TimesAfter eight minutes of heated competition, Claude Monet's 1890 painting “Meules” sold for $110.7 million on Tuesday, an auction high for the artist and the most ...
Property auctions are about to skyrocket, here’s why  Yahoo FinanceWith the election over and policies now clear, our property market is about to change.
Fish auctions on FB Live? Yes, it's a thing in Malaysia and thousands are hooked | Malaysia  Malay MailTogether with a few partners, Audrey Goo started MyFishMan which is an online seafood delivery *service*. — Picture by Choo Choy May. KUALA LUMPUR, May ...
NDDOT to add online vehicle auctions  KFYR-TVThe North Dakota Department of Transportation auctions vehicles it can no longer use and now the DOT says it's putting vehicle bids online as well.
Miami tech billionaire’s taking his Coral Gables estate to auction  The Real DealMiami technology billionaire Manny Medina is going straight to auction with his Gables Estates mansion.
RBI’s Forex Swap Auctions And The Law Of Unintended Consequences  BloombergQuintThe Reserve Bank of India has now gone through two rounds of forex swap auctions to infuse liquidity into the domestic markets. Over the auctions—conducted ...
Wilson Auctions proceeds of crime items to go under the hammer  Belfast LiveAll Lots are unreserved across both auctions and will go to the highest bidder.
Brisbane auction market bounces back as agents report confidence spike  Domain NewsAfter a few quiet weeks, the Brisbane auction market picked up this weekend as 99 properties went to auction with a reported clearance rate of 43 per cent.
Japan vs Korea: Which country's cars have better resale value at auctions in SA?  Wheels24Korean cars are growing in terms of stature, quality and appeal. However South African motorists still prefer Japanese vehicles.
In post-auction regime, production in new mineral blocks fails to take off  Business StandardThe transparent allocation of mineral resources through auctions after the promulgation of the amended Mines and Minerals (Development & Regulation) Act, ...
For sale: Everything at Milo's restaurant during Saturday auction  Buffalo NewsAttention, Milos fans — or those wanting extra tables, chairs and kitchen equipment — heres a chance to get a piece of the popular Williamsville restaurant. …
The life-changing auction properties that are just waiting to be transformed  Liverpool EchoUnusual and historic buildings could be yours - and they might cost less than you think.
5 Lots That Will Make or Break the Upcoming New York Auctions  ArtsyNext week, billions of dollars of art will be up for sale at New York City auction houses, and the performance of top lots will set the tone for the art market for the ...
CarWave expands online auction platform beyond California  Automotive NewsCarWave may not be novel, but its apparent success in the online auction business shows there's a thirst for digital auctions.
Wheels: The ins and outs of auto auctions  Conway Daily SunCar auctions are all the rage lately. Once the bastion of the car dealer, auctions have become mainstream, thanks in no small part to the internet. Of course, eBay ...
Auction set for contents of namesake for Shoreway's Westinghouse curve  Crain's Cleveland BusinessThe sale of the Westinghouse complex on West 58th Street in Cleveland may be looming closer as an auctioneer sells off the equipment of its longtime occupant ...
Season's first auction in Hokkaido: Pair of Yubari melons fetch record ¥5 million  FreshPlaza.comFreshPlaza, portal for the *fresh* produce industry, offering the latest news, job advertisements, pricewatching, and photo reports.
Gardeners find bargains at auction  Tillsonburg NewsAuctioneer Bev Burrell had everyone's attention at the 13th annual Tillsonburg Horticultural Society Garden Auction Tuesday night at the Tillsonburg Community ...
This Rolex Auction Features 13 Super-Collectible Daytona Watches  EsquireBob's Watches and Sotheby's have teamed up on a huge Rolex Daytona auction. It features 13 collectible timepieces, from a "Big Red" reference 6265 to a 1947 ...
Collection of 3 Shelby Cobras sold for millions at auction  Fox NewsA trio of Shelby Cobras sold for a combined $7 million this past weekend. The cars were from the estate of noted collector Steven Juliano, who died from ...
These designer bags could fetch more than £120,000 at upcoming Christie's auction  Daily MailRare Hermès and Chanel bags that will be presented during a London auction by Christie's in June are set to fetch £100000, but according to an expert, some ...
Auction with a difference  Wairarapa Times Age8:00 AM Saturday May 25, 2019. Auction with a difference. The police presence for today's auction. PHOTOS/STEVE RENDLE. Today is one of the more ...
Rare Dodo Skeleton May Fetch Over $700K at Auction  Live ScienceYou may have heard of the hapless dodo — an endearingly squat, toddler-size flightless bird — that was driven to extinction in the late 1600s and hasn't been ...
Used-car magnate buys Fort Lauderdale mansion at auction  The Real DealA major used-car dealer paid $17 million at auction for a Fort Lauderdale mansion, marking the most expensive single-family home sale over the last 18 months.
Bring a Trailer Goes Posh as Auction Site Starts “White Glove” Service by Selling Its Own Mercedes Gullwing at No Reserve  Car and DriverPristine 1965 Mercedes-Benz 300SL Gullwing heads to auction to commemorate Bring a Trailer's new Plus and White Glove services.
Kurt Cobain's dirty paper plate sells for $22400 at auction: 'This is a piece of history'  Page SixKurt Cobain's dirty paper plate was sold at auction for $22400.
Here’s What to Expect at the $1.3 Billion Spring Auctions in New York, From a $58 Million Koons to a Once-Lost Cézanne  artnet NewsHere are all the highlights at the Impressionist, modern, and contemporary art auctions in New York next week.
Annual Houston County surplus auction is coming up. Here’s what’s for sale.  Macon TelegraphWant a fire truck, a cheap ride or some oddity owned by Houston County? Check out the county's surplus auction June 6. A 1987 Ford Firetruck with 42,494 ...
Huge Derbyshire home with over 30 bedrooms sells at auction - here’s how much for  Derbyshire LiveA former care home in Derbyshire that has been empty ever since it closed down three years ago has been sold at auction. The former Glebe Residential Home, ...
Customs auctions vehicles to 'raise money for the state'  The Daily StarLebanese Customs held its second auction of abandoned goods at Beirut Port in an effort to “raise money for the state,” agency head Badri Daher said Sunday.
Amazing Shelby Cobra Collection Fetches Millions At Auction  CarBuzzAn amazing collection of original Shelby Cobras recently went under the hammer at Mecum's auction this month, selling for a combined $6.4 million. Each of the ...
Harley-Davidson V-Rod, Mercedes, Volvo among vehicles up for auction  York Daily RecordThe York County Drug Task Force's semi-annual auction will be held Memorial Day, featuring numerous vehicles seized in drug investigations.
One Lousy Treasury Bond Auction Doesn’t Say Anything  BloombergThe U.S. Treasury Department sold $27 billion of 10-year notes on Wednesday, and by one important metric, it drew the lowest demand in a decade.
Kurt Cobain's Used Paper Plate Sold At California Auction  NPRThe Nirvana frontman was eating pizza before a 1990 show in Washington, D.C., and he needed to write down his set list on. He grabbed his plate and listed the ...
Ex-library Harry Potter book predicted to sell for £30,000 at auction  Independent.ieA first edition Harry Potter book is set to sell for around £30000 at auction, despite signs of wear and tear.
Spectrum auction, 5G trials top Telecom Ministry agenda for new government  LivemintNew Delhi: Preparing the Cabinet note for spectrum auction, rolling out of the new digital communications policy and establishing regulatory sandboxes, 5G ...
Lawrence of Arabia gifts to family will be sold at auction  Oxford MailPRIZED personal belongings of Lawrence of Arabia are expected to fetch thousands of pounds at auction.
Portugal to launch second 700 MW solar auction in January  pv magazine InternationalWhile preparing for the country's first, 1.35 GW solar tender in June, state secretary for energy João Galamba has revealed another procurement exercise will be ...
Neil Armstrong's Son Recalls His 'First Man' Dad as Apollo 11 Items Go Up for Auction  Space.comThe personal and professional legacy of Neil Armstrong show clearly in a new set of items for sale at Heritage Auctions. Read an interview with his son, Mark ...

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