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How To Make Money From Internet Auctions
By J. Stephen Pope
How to Make Money from Internet Auctions
by J. Stephen Pope
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
Euro shows decline amid Greek talks concerns
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.ibtimes.com/articles/294267/20120207/euro-shows-decline-amid-greek-talks-concerns.htm" style="font-size:1.2em">Euro shows decline amid Greek talks concerns</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">6 minutes ago </span>
<div style="width:80%;">The euro showed some decline against majors on concerns Greek political leaders may not reach consensus regarding the further spending cuts needed to receive a second bailout worth 130 billion euros announced in October, thus tumbling into default as ...</div>
</div>
Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b>
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.bestsyndication.com/?q=20120206_futures_forex_signals_gold_euro_dollar_yen.htm" style="font-size:1.2em">Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b></a>
<br> <span style="color:#888888;">Best Syndication</span> - <span style="white-space:nowrap">23 minutes ago </span>
<div style="width:80%;">(Best Syndication News) Brent crude oil advanced today as tensions between Iran and the United States continued to fester (see forex and commodities charts below).</div>
</div>
Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://community.nasdaq.com/News/2012-02/forex-flash-eurusd-estimated-downside-to-11500-end-of-2012-ubs.aspx?storyid=118984" style="font-size:1.2em">Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS</a>
<br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">39 minutes ago </span>
<div style="width:80%;">FXstreet.com (Barcelona) - January witnessed the bloc currency surge from sub 1.2650 levels to the 1.3230 region. Better-than-expected key economic indicators in the euro zone, successful bond and T-bill auctions in Germany and peripheral debt markets ...</div>
<a href="http://www.thestreet.com/story/11403437/1/euro-reversal-to-gather-pace-ahead-of-ecb-sterling-holds-tight-range.html">Euro Reversal To Gather Pace Ahead Of ECB, Sterling Holds Tight Range</a> - <span style="color:#888888">TheStreet.com</span><br>
</div>
Greece sells 812 mln euros of T-bills, yield eases
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.reuters.com/article/2012/02/07/greece-tbills-idUSL5E8D724720120207" style="font-size:1.2em">Greece sells 812 mln euros of T-bills, yield eases</a>
<br> <span style="color:#888888;">Reuters</span> - <span style="white-space:nowrap">53 minutes ago </span>
<div style="width:80%;">* Yield drops 4 basis points to 4.86 pct * Bid-cover 2.72 vs 2.80 in Jan * Needs to roll over 1.0 bln eur of T-bills Feb 10 ATHENS, Feb 7 (Reuters) - Greece sold 812.5 million euros ($1.06 billion) of six-month T-bills on Tuesday to fund the rollover ...</div>
</div>
Euro Slightly Lower As Greek Debt Talks Linger
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=159050:euro-slightly-lower-as-greek-debt-talks-linger&catid=193:daily-forex-fundamentals" style="font-size:1.2em">Euro Slightly Lower As Greek Debt Talks Linger</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">2 hours ago </span>
<div style="width:80%;">In a thinly traded session devoid of key eco releases, attention went to the tribulations surrounding the Greek bail-out package. So some risk-off buying and maybe some short covering following Friday's correction led to modest daily gains.</div>
</div>
The EUR/USD cross rate drifted lower in Asia yesterday
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.fxstreet.com/fundamental/market-view/sunrise-market-commentary-currencies/2012-02-07.html" style="font-size:1.2em">The EUR/USD cross rate drifted lower in Asia yesterday</a>
<br> <span style="color:#888888;">FXstreet.com</span> - <span style="white-space:nowrap">3 hours ago </span>
<div style="width:80%;">by KBC Market Research Desk - KBC Bank | View company's profile On Monday, uncertainty on the outcome of the Greek debt negations provided the perfect excuse for profit taking on the recent risk rally.</div>
<a href="http://www.forexyard.com/en/market-analysis/lack_of_greek_deal_sends_eur_tumbling-2012-02-07">Lack of Greek Deal Sends EUR Tumbling</a> - <span style="color:#888888">Forexyard</span><br>
<a href="http://www.forexpros.com/analysis/greece-talks-extended,-euro-holding-above-1.3000-113275">Greece Talks Extended, Euro Holding Above 1.3000</a> - <span style="color:#888888">Forex Pros</span><br>
</div>
EUR/GBP Forecast February 7, 2012, Technical Analysis
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.fxempire.com/technical/technical-analysis-reports/eurgbp-forecast-february-7-2012-technical-analysis/" style="font-size:1.2em">EUR/GBP Forecast February 7, 2012, Technical Analysis</a>
<br> <span style="color:#888888;">FX Empire</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">EUR/GBP fell most of Monday as the Euro got sold off. However, later in the day saw the Euro get a bit of a reprieve by the Americans, and this pair rose as a result.</div>
</div>
Ageas Outlines Settlement Impact With Fortis Bank And BNP Paribas - Quick Facts
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.nasdaq.com/article/ageas-outlines-settlement-impact-with-fortis-bank-and-bnp-paribas---quick-facts-20120207-00062" style="font-size:1.2em">Ageas Outlines Settlement Impact With Fortis Bank And BNP Paribas - Quick Facts</a>
<br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">(RTTNews.com) - International insurance company Ageas (AGESY.PK) Tuesday outlined the impact of the settlement with Fortis Bank and BNP Paribas.</div>
</div>
Daily Report: Aussie Soars after RBA Pause, Euro Soft on Greece
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.actionforex.com/action-insight/market-overview/daily-report:-aussie-soars-after-rba-pause,-euro-soft-on-greece-20120207159008/" style="font-size:1.2em">Daily Report: Aussie Soars after RBA Pause, Euro Soft on Greece</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">5 hours ago </span>
<div style="width:80%;">Aussie jumps sharply today and hit new record high against Euro after RBA unexpected left rates unchanged at 4.25%. The RBA unexpectedly left the cash rate unchanged at 4.25% in February, in contrast with consensus of a rate cut by -25 bps.</div>
<a href="http://www.ibtimes.com/articles/293874/20120206/weekly-summary-usd-eur-gbp-jpy-aud.htm">Weekly Summary on USD, EUR, GBP, JPY, AUD, CAD, MXN and RMB</a> - <span style="color:#888888">International Business Times</span><br>
<a href="http://www.finnewsnetwork.com.au/BrokerCommentry/659/FX-Technical-Outlook-%7C%7C%7C-Monday-6th-February">FX Technical Outlook - Monday 6th February</a> - <span style="color:#888888">Finance News Network</span><br>
</div>
EUR/USD - A Descending Triangle Pattern Emerges
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=158995:eurusd-a-descending-triangle-pattern-emerges&catid=191:daily-forex-technicals" style="font-size:1.2em">EUR/USD - A Descending Triangle Pattern Emerges</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">9 hours ago </span>
<div style="width:80%;">EUR/USD has been testing the patience of traders for the better part of 2-weeks now, chopping around in a 200 pip range between 1.3030 and 1.3230.</div>
</div>
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/
About the Author
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/
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We strive
to provide only quality articles, so if there is a specific topic
related to currency that you would like us to cover, please
contact us at any time.
And
again, thank you to those contributing daily to our comptroller of the currency
website.
Euro shows decline amid Greek talks concerns
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.ibtimes.com/articles/294267/20120207/euro-shows-decline-amid-greek-talks-concerns.htm" style="font-size:1.2em">Euro shows decline amid Greek talks concerns</a>
<br> <span style="color:#888888;">International Business Times</span> - <span style="white-space:nowrap">6 minutes ago </span>
<div style="width:80%;">The euro showed some decline against majors on concerns Greek political leaders may not reach consensus regarding the further spending cuts needed to receive a second bailout worth 130 billion euros announced in October, thus tumbling into default as ...</div>
</div>
Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b>
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.bestsyndication.com/?q=20120206_futures_forex_signals_gold_euro_dollar_yen.htm" style="font-size:1.2em">Gold Prices Dropped while Silver was Unchanged ? USD Up vs JPY but Down vs EUR <b>...</b></a>
<br> <span style="color:#888888;">Best Syndication</span> - <span style="white-space:nowrap">23 minutes ago </span>
<div style="width:80%;">(Best Syndication News) Brent crude oil advanced today as tensions between Iran and the United States continued to fester (see forex and commodities charts below).</div>
</div>
Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://community.nasdaq.com/News/2012-02/forex-flash-eurusd-estimated-downside-to-11500-end-of-2012-ubs.aspx?storyid=118984" style="font-size:1.2em">Forex Flash: EUR/USD estimated downside to 1.1500 end of 2012 ? UBS</a>
<br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">39 minutes ago </span>
<div style="width:80%;">FXstreet.com (Barcelona) - January witnessed the bloc currency surge from sub 1.2650 levels to the 1.3230 region. Better-than-expected key economic indicators in the euro zone, successful bond and T-bill auctions in Germany and peripheral debt markets ...</div>
<a href="http://www.thestreet.com/story/11403437/1/euro-reversal-to-gather-pace-ahead-of-ecb-sterling-holds-tight-range.html">Euro Reversal To Gather Pace Ahead Of ECB, Sterling Holds Tight Range</a> - <span style="color:#888888">TheStreet.com</span><br>
</div>
Greece sells 812 mln euros of T-bills, yield eases
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.reuters.com/article/2012/02/07/greece-tbills-idUSL5E8D724720120207" style="font-size:1.2em">Greece sells 812 mln euros of T-bills, yield eases</a>
<br> <span style="color:#888888;">Reuters</span> - <span style="white-space:nowrap">53 minutes ago </span>
<div style="width:80%;">* Yield drops 4 basis points to 4.86 pct * Bid-cover 2.72 vs 2.80 in Jan * Needs to roll over 1.0 bln eur of T-bills Feb 10 ATHENS, Feb 7 (Reuters) - Greece sold 812.5 million euros ($1.06 billion) of six-month T-bills on Tuesday to fund the rollover ...</div>
</div>
Euro Slightly Lower As Greek Debt Talks Linger
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=159050:euro-slightly-lower-as-greek-debt-talks-linger&catid=193:daily-forex-fundamentals" style="font-size:1.2em">Euro Slightly Lower As Greek Debt Talks Linger</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">2 hours ago </span>
<div style="width:80%;">In a thinly traded session devoid of key eco releases, attention went to the tribulations surrounding the Greek bail-out package. So some risk-off buying and maybe some short covering following Friday's correction led to modest daily gains.</div>
</div>
The EUR/USD cross rate drifted lower in Asia yesterday
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.fxstreet.com/fundamental/market-view/sunrise-market-commentary-currencies/2012-02-07.html" style="font-size:1.2em">The EUR/USD cross rate drifted lower in Asia yesterday</a>
<br> <span style="color:#888888;">FXstreet.com</span> - <span style="white-space:nowrap">3 hours ago </span>
<div style="width:80%;">by KBC Market Research Desk - KBC Bank | View company's profile On Monday, uncertainty on the outcome of the Greek debt negations provided the perfect excuse for profit taking on the recent risk rally.</div>
<a href="http://www.forexyard.com/en/market-analysis/lack_of_greek_deal_sends_eur_tumbling-2012-02-07">Lack of Greek Deal Sends EUR Tumbling</a> - <span style="color:#888888">Forexyard</span><br>
<a href="http://www.forexpros.com/analysis/greece-talks-extended,-euro-holding-above-1.3000-113275">Greece Talks Extended, Euro Holding Above 1.3000</a> - <span style="color:#888888">Forex Pros</span><br>
</div>
EUR/GBP Forecast February 7, 2012, Technical Analysis
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.fxempire.com/technical/technical-analysis-reports/eurgbp-forecast-february-7-2012-technical-analysis/" style="font-size:1.2em">EUR/GBP Forecast February 7, 2012, Technical Analysis</a>
<br> <span style="color:#888888;">FX Empire</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">EUR/GBP fell most of Monday as the Euro got sold off. However, later in the day saw the Euro get a bit of a reprieve by the Americans, and this pair rose as a result.</div>
</div>
Ageas Outlines Settlement Impact With Fortis Bank And BNP Paribas - Quick Facts
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.nasdaq.com/article/ageas-outlines-settlement-impact-with-fortis-bank-and-bnp-paribas---quick-facts-20120207-00062" style="font-size:1.2em">Ageas Outlines Settlement Impact With Fortis Bank And BNP Paribas - Quick Facts</a>
<br> <span style="color:#888888;">NASDAQ</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">(RTTNews.com) - International insurance company Ageas (AGESY.PK) Tuesday outlined the impact of the settlement with Fortis Bank and BNP Paribas.</div>
</div>
Daily Report: Aussie Soars after RBA Pause, Euro Soft on Greece
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.actionforex.com/action-insight/market-overview/daily-report:-aussie-soars-after-rba-pause,-euro-soft-on-greece-20120207159008/" style="font-size:1.2em">Daily Report: Aussie Soars after RBA Pause, Euro Soft on Greece</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">5 hours ago </span>
<div style="width:80%;">Aussie jumps sharply today and hit new record high against Euro after RBA unexpected left rates unchanged at 4.25%. The RBA unexpectedly left the cash rate unchanged at 4.25% in February, in contrast with consensus of a rate cut by -25 bps.</div>
<a href="http://www.ibtimes.com/articles/293874/20120206/weekly-summary-usd-eur-gbp-jpy-aud.htm">Weekly Summary on USD, EUR, GBP, JPY, AUD, CAD, MXN and RMB</a> - <span style="color:#888888">International Business Times</span><br>
<a href="http://www.finnewsnetwork.com.au/BrokerCommentry/659/FX-Technical-Outlook-%7C%7C%7C-Monday-6th-February">FX Technical Outlook - Monday 6th February</a> - <span style="color:#888888">Finance News Network</span><br>
</div>
EUR/USD - A Descending Triangle Pattern Emerges
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.actionforex.com/index.php?option=com_content&view=article&id=158995:eurusd-a-descending-triangle-pattern-emerges&catid=191:daily-forex-technicals" style="font-size:1.2em">EUR/USD - A Descending Triangle Pattern Emerges</a>
<br> <span style="color:#888888;">Action Forex</span> - <span style="white-space:nowrap">9 hours ago </span>
<div style="width:80%;">EUR/USD has been testing the patience of traders for the better part of 2-weeks now, chopping around in a 200 pip range between 1.3030 and 1.3230.</div>
</div>
Simultaneously buying one currency and selling another.
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