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 becausethey 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 timefor you. You don`t have to stock any inventory. You simply pay your dropship supplier out of the moneyyou 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 yourown information product.

A very popular format for self-publishing informationproducts 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 orreceive 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, relatedproduct offerings. This is where reprint and resalerights come in.

You can buy the rights to reprint or resell excellent information products created by other people. Some ofthese 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 soldthrough 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 thosepurchasers may sign up as affiliates, earning you additional commissions.

Some of these e-books have valuable information thatis worth the nominal value you would sell it for oneBay. In other cases, such an e-book is readilyavailable for free. In this latter case, you mightconsider selling another related product and offerthe 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 makemoney than those panning for gold. Similarly,since there is such a big market for online auctions,you can make money supplying eBayers with informationand auction tools to help them start and grow theirown online auction business.

10. Internet Auction Consulting

As you gain experience and expertise in online auctions, you might consider charging for yourknowledge.

Consulting services, seminars, information productsand other ways of packaging your knowledge canearn 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/

More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 429, exiting

More Auction Information:

Related Articles

Profit through Other Peoples eBay Errors
There are many issues that influence how an eBay auction ends. Timing, Description, Title, Photos, the list could go on and on.
How To Find Tons of Hot Items Selling On EBay ...In Less Than 10 Minutes
There are many ways to start a home business online, and few are easier than eBay - the world's largest online auction site. However, there is one critical condition - you have to know what to sell and how to sell it.
How to Double or Even Triple Your Net Profit Selling on eBay
eBay Search tips and secretsThis is an example of how I used the Ebay search tab to triple my sales and profit in 1 month!I had found a great supplier of computer liquidation products using my Ebay Power seller Cloning techniques. I was excited to be selling over $1000 a day in these products (laptop parts and accessories).
Make BIG MONEY on eBay - Your Unlimited Cash Cow
Let me be brutally honest; until recently, I had never bought anything on eBay, I'd never sold anything on eBay, and, dang-nab-it, I disdained auctions. (Bidding wars just weren't my bag.
An eBay Computer Purchase
An eBay purchase that turned sour.A story of fraud, deceit, and broken promises.
How Professional Ebay Auction Templates Can Boost Your Ebay Sales
Do you like to sell on eBay ? It's easy and fun, isn't it ? In fact, it's one of the easiest online business you can start almost overnight, without any major investments. That's the best thing about it.
eBay Auction Sellers Guide to Finding Hot Money Making Products
You might be one of the thousands of individuals who open a trading account with eBay and dream about making auction selling a full-time home-based business.However, before that dream can become a reality, you need to do many important things while running an auction business.
Online Auctions Business
Online auction sites are a great way to find a bargain on almost anything and an excellent way of getting the best price for selling something of your own. Online auctions are different from their real-world counterparts.
Start an Easy Home Business: Become an Ebay Trading Assistant
EBay's online auctions have created business opportunities for thousands of people. Now the Trading Assistant program is making it easier than ever to start a business from home.
Your eBay Business - 8 Ways To Insure Its Success
I don't know if you've ever noticed, but it seems like every week or two we read about another Powerseller going out of business.If you want your auction business to be a long-term success, then it's important that you plan now for it's continued growth.
How To Use A WYSIWYG HTML Editor To Make Stunning Ebay Auction Listings
What kind of browser are you using for online surfing? Explorer, Netscape, Firefox, Opera?? Sure, all are good programs but I want to talk about an excellent program called Netscape. If you use Netscape, do you know that you also get an amazing WYSIWYG (what you see is what you get) web design program called Netscape Composer for free? Basically you don't need expensive HTML editors anymore.
How To List Your Items On eBay
Listing your items on eBay can be very confusing if you don't know where to start. Here are a few tips on getting your items listed so that they sell.
Online Auction Fraud
eBay sales may have grown 51% last year over the previous year, but general online complaints jumped by 66.6% over the previous year to some 207,000+ complaints in 2004.
The Quickest Way To Have A Product To Sell On The Internet
Creating a product from scratch that you can sell on the Internet will take some time to do.Writing a book, for example, can take weeks or months to complete.
Online Auctions: How To Generate Fast Traffic From Online Auctions
Have you ever participated in any online auctions?Yes, people are making piles of cash from online auctions.And you can take advantage of this new gold rush to generatea lot of traffic to your own website.
Drop Shipping Is Your Perfect Home Based Business Solution
Drop Shipping Is Your Perfect Home Based Business SolutionDrop shipping is one of the greatest businesses to operate from home. With drop shipping you sell another company's products, use their warehouse and shipping facilities, and they provide you with the sales tools you need like product descriptions and images and more - free of charge!Drop shipping is great for small businesses because you can start with literally nothing & gradually increase to higher levels of success.
Is it Antique and is it Worth Anything?
Is it an antique and is it worth anything?Would you know?At some point in our lives most of us are going to put in a position where we have to ask ourselves the question-Which of my treasured possesions should I keep because they might be worth something and which can I throw away?Would you know??We start our own homes full of enthusiasm and with all the lovely clutter that makes up our lives and that of the family, but as time goes on, the children leave home, we decide to move to a smaller house or maybe we decide to live abroad. At that stage we have to decide what to keep and what to part with.
Top Internet Businesses
The internet is packed with web businesses jockeying forthe attention of regular users. Selling everything underthe sun and offering a substantial array of services, theinternet is quickly becoming the favorite of users,surpassing traditional catalog and store shopping.
Online Auctions: 5 Ways Your Business Can Benefit From Online Auctions
Online auctions are now the new gold rush on the internet.It seems as if everyone is talking about online auctions.
Photos on my eBay Auctions: How Do I Add Them?
On another forum I'm involved with, someone's asked a great question: I want to sell products on eBay, but I want to include photographs with my items. How do I do that? What kind of camera do I need, and what settings should I use?The first step is to buy a digital camera.