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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
A Tale Of Greece And Cheap Money
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=3962062" style="font-size:1.2em">A Tale Of Greece And Cheap Money</a>
<br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">The S&P 500 closed a smidgen lower Thursday on speculation the Federal Reserve will increase its discount rate which tempered the potential for gains spurred by further evidence that the economy ...</div>
</div>
Gold Nears New Euro Record as "Gold-Backed" Euro Monetary Fund Rejected
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://news.goldseek.com/BullionVault/1269006712.php" style="font-size:1.2em">Gold Nears New Euro Record as "Gold-Backed" Euro Monetary Fund Rejected</a>
<br> <span style="color:#888888;">Gold Seek</span> - <span style="white-space:nowrap">6 hours ago </span>
<div style="width:80%;">THE PRICE OF GOLD was little changed for US investors in London on Friday, heading for a 2% weekly gain as the Dollar rose against everything on the forex market but the commodity-currencies of ...</div>
<a href="http://www.marketoracle.co.uk/Article18011.html">Gold Nears New Euro Record High</a> - <span style="color:#888888">The Market Oracle</span><br>
</div>
SOUTH AFRICA Euro slumps against US dollar on Greece fears
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.busrep.co.za/index.php?fSectionId=629&fArticleId=5397507" style="font-size:1.2em"> SOUTH AFRICA Euro slumps against US dollar on Greece fears</a>
<br> <span style="color:#888888;">Business Report</span> - <span style="white-space:nowrap">7 hours ago </span>
<div style="width:80%;">The euro slumped against the dollar on Friday as investors sought the safe-haven US currency amid uncertainty about international assistance for debt-plagued Greece. In morning London trade, the ...</div>
</div>
Ldn FX: Euro-Dlr Heavy In Europe; Cable Weighs
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://imarketnews.com/node/10542" style="font-size:1.2em">Ldn FX: Euro-Dlr Heavy In Europe; Cable Weighs</a>
<br> <span style="color:#888888;">Market News International</span> - <span style="white-space:nowrap">8 hours ago </span>
<div style="width:80%;">LONDON, Mar. 19 (MNI) - Euro-dollar was heavy in Europe Friday morning. After being supported for much of the Asian session by Asian Central Bank demand the euro triggered some stop loss sales on ...</div>
</div>
Stocks Rise as Corporate Profit Outlook Improves; Euro Falls
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.businessweek.com/news/2010-03-19/asia-stocks-rise-on-improving-u-s-economic-outlook-yen-falls.html" style="font-size:1.2em">Stocks Rise as Corporate Profit Outlook Improves; Euro Falls</a>
<br> <span style="color:#888888;">BusinessWeek</span> - <span style="white-space:nowrap">15 hours ago </span>
<div style="width:80%;">By Justin Carrigan March 19 (Bloomberg) -- Stocks rose in Europe and Asia, led by banks, as an improving outlook for the global economy lifted expectations for corporate earnings. The euro headed ...</div>
</div>
WORLD FOREX: Euro Up Vs Yen, Dollar On Hedge Buying; May Resume Fall
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.marketwatch.com/story/world-forex-euro-up-vs-yen-dollar-on-hedge-buying-may-resume-fall-2010-03-19" style="font-size:1.2em">WORLD FOREX: Euro Up Vs Yen, Dollar On Hedge Buying; May Resume Fall</a>
<br> <span style="color:#888888;">MarketWatch</span> - <span style="white-space:nowrap">16 hours ago </span>
<div style="width:80%;">By Andrew Monahan TOKYO (MarketWatch) -- The euro rose against the yen and dollar in Asia Friday as Japanese short-term investors who have recently bet heavily against the common currency bought ...</div>
<a href="http://www.chinapost.com.tw/business/global-markets/2010/03/19/249019/Euro-sinks.htm">Euro sinks against dollar on lingering doubt over Greece</a> - <span style="color:#888888">China Post</span><br>
<a href="http://www.stockmarketsreview.com/forex/the_demand_for_the_high_risk_currencies_increased_again_the_oil_rate_consolidated_above_the_82_usd_mark_per_barrel_20100319_3586/">The demand for the high-risk currencies increased again. The oil rate consolidated above the $82 mark per barrel</a> - <span style="color:#888888">Stock Markets Review</span><br>
</div>
Currencies: Euro Weakens On Bearish Bailout Comments
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://trak.in/india/currencies-euro-weakens-on-bearish-bailout-comments/economy-78475/" style="font-size:1.2em">Currencies: Euro Weakens On Bearish Bailout Comments</a>
<br> <span style="color:#888888;">India Business Blog</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">by EIN on 2010/03/18 March 18, 2010 (FinancialWire) (Investrend Information Syndicate) As of 11:37 AM EST today, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) is up 0.90% on volume ...</div>
</div>
Fed officials warn against loss of bank oversight
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.portfolio.com/business-news/reuters/2010/03/18/fed-officials-warn-against-loss-of-bank-oversight" style="font-size:1.2em">Fed officials warn against loss of bank oversight</a>
<br> <span style="color:#888888;">Portfolio.com</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">Trader Richard Smartt reacts in the Euro Dollar pit at the Chicago Mercantile Exchange, March 16, 2010. REUTERS/John Gress By Mark Felsenthal WASHINGTON (Reuters) - Four top Federal Reserve ...</div>
</div>
Euro Plunges Against Major Rivals
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.rttnews.com/Content/CurrencyMarket.aspx?Node=b3&Id=1245062" style="font-size:1.2em">Euro Plunges Against Major Rivals</a>
<br> <span style="color:#888888;">RTT News</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">(RTTNews) - The European common currency traded lower against major rivals in New York mid-day trading on Thursday. The Eurozone trade balance swung to a deficit in January, as the export value ...</div>
</div>
OCI announces FY 2009 Results
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://dotnet.sys-con.com/node/1324452" style="font-size:1.2em">OCI announces FY 2009 Results</a>
<br> <span style="color:#888888;">SYS-CON Media</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">By Marketwire . Results as at 31 December 2009 Cairo, Egypt / March 18, 2010, 10:15 AM OCI announces FY 2009 Results Summary of Consolidated Results for Q4 2009: - Consolidated revenue increased 3 ...</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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A Tale Of Greece And Cheap Money
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=3962062" style="font-size:1.2em">A Tale Of Greece And Cheap Money</a>
<br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">4 hours ago </span>
<div style="width:80%;">The S&P 500 closed a smidgen lower Thursday on speculation the Federal Reserve will increase its discount rate which tempered the potential for gains spurred by further evidence that the economy ...</div>
</div>
Gold Nears New Euro Record as "Gold-Backed" Euro Monetary Fund Rejected
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://news.goldseek.com/BullionVault/1269006712.php" style="font-size:1.2em">Gold Nears New Euro Record as "Gold-Backed" Euro Monetary Fund Rejected</a>
<br> <span style="color:#888888;">Gold Seek</span> - <span style="white-space:nowrap">6 hours ago </span>
<div style="width:80%;">THE PRICE OF GOLD was little changed for US investors in London on Friday, heading for a 2% weekly gain as the Dollar rose against everything on the forex market but the commodity-currencies of ...</div>
<a href="http://www.marketoracle.co.uk/Article18011.html">Gold Nears New Euro Record High</a> - <span style="color:#888888">The Market Oracle</span><br>
</div>
SOUTH AFRICA Euro slumps against US dollar on Greece fears
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.busrep.co.za/index.php?fSectionId=629&fArticleId=5397507" style="font-size:1.2em"> SOUTH AFRICA Euro slumps against US dollar on Greece fears</a>
<br> <span style="color:#888888;">Business Report</span> - <span style="white-space:nowrap">7 hours ago </span>
<div style="width:80%;">The euro slumped against the dollar on Friday as investors sought the safe-haven US currency amid uncertainty about international assistance for debt-plagued Greece. In morning London trade, the ...</div>
</div>
Ldn FX: Euro-Dlr Heavy In Europe; Cable Weighs
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://imarketnews.com/node/10542" style="font-size:1.2em">Ldn FX: Euro-Dlr Heavy In Europe; Cable Weighs</a>
<br> <span style="color:#888888;">Market News International</span> - <span style="white-space:nowrap">8 hours ago </span>
<div style="width:80%;">LONDON, Mar. 19 (MNI) - Euro-dollar was heavy in Europe Friday morning. After being supported for much of the Asian session by Asian Central Bank demand the euro triggered some stop loss sales on ...</div>
</div>
Stocks Rise as Corporate Profit Outlook Improves; Euro Falls
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.businessweek.com/news/2010-03-19/asia-stocks-rise-on-improving-u-s-economic-outlook-yen-falls.html" style="font-size:1.2em">Stocks Rise as Corporate Profit Outlook Improves; Euro Falls</a>
<br> <span style="color:#888888;">BusinessWeek</span> - <span style="white-space:nowrap">15 hours ago </span>
<div style="width:80%;">By Justin Carrigan March 19 (Bloomberg) -- Stocks rose in Europe and Asia, led by banks, as an improving outlook for the global economy lifted expectations for corporate earnings. The euro headed ...</div>
</div>
WORLD FOREX: Euro Up Vs Yen, Dollar On Hedge Buying; May Resume Fall
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.marketwatch.com/story/world-forex-euro-up-vs-yen-dollar-on-hedge-buying-may-resume-fall-2010-03-19" style="font-size:1.2em">WORLD FOREX: Euro Up Vs Yen, Dollar On Hedge Buying; May Resume Fall</a>
<br> <span style="color:#888888;">MarketWatch</span> - <span style="white-space:nowrap">16 hours ago </span>
<div style="width:80%;">By Andrew Monahan TOKYO (MarketWatch) -- The euro rose against the yen and dollar in Asia Friday as Japanese short-term investors who have recently bet heavily against the common currency bought ...</div>
<a href="http://www.chinapost.com.tw/business/global-markets/2010/03/19/249019/Euro-sinks.htm">Euro sinks against dollar on lingering doubt over Greece</a> - <span style="color:#888888">China Post</span><br>
<a href="http://www.stockmarketsreview.com/forex/the_demand_for_the_high_risk_currencies_increased_again_the_oil_rate_consolidated_above_the_82_usd_mark_per_barrel_20100319_3586/">The demand for the high-risk currencies increased again. The oil rate consolidated above the $82 mark per barrel</a> - <span style="color:#888888">Stock Markets Review</span><br>
</div>
Currencies: Euro Weakens On Bearish Bailout Comments
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://trak.in/india/currencies-euro-weakens-on-bearish-bailout-comments/economy-78475/" style="font-size:1.2em">Currencies: Euro Weakens On Bearish Bailout Comments</a>
<br> <span style="color:#888888;">India Business Blog</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">by EIN on 2010/03/18 March 18, 2010 (FinancialWire) (Investrend Information Syndicate) As of 11:37 AM EST today, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) is up 0.90% on volume ...</div>
</div>
Fed officials warn against loss of bank oversight
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.portfolio.com/business-news/reuters/2010/03/18/fed-officials-warn-against-loss-of-bank-oversight" style="font-size:1.2em">Fed officials warn against loss of bank oversight</a>
<br> <span style="color:#888888;">Portfolio.com</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">Trader Richard Smartt reacts in the Euro Dollar pit at the Chicago Mercantile Exchange, March 16, 2010. REUTERS/John Gress By Mark Felsenthal WASHINGTON (Reuters) - Four top Federal Reserve ...</div>
</div>
Euro Plunges Against Major Rivals
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.rttnews.com/Content/CurrencyMarket.aspx?Node=b3&Id=1245062" style="font-size:1.2em">Euro Plunges Against Major Rivals</a>
<br> <span style="color:#888888;">RTT News</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">(RTTNews) - The European common currency traded lower against major rivals in New York mid-day trading on Thursday. The Eurozone trade balance swung to a deficit in January, as the export value ...</div>
</div>
OCI announces FY 2009 Results
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://dotnet.sys-con.com/node/1324452" style="font-size:1.2em">OCI announces FY 2009 Results</a>
<br> <span style="color:#888888;">SYS-CON Media</span> - <span style="white-space:nowrap">Mar 18, 2010 </span>
<div style="width:80%;">By Marketwire . Results as at 31 December 2009 Cairo, Egypt / March 18, 2010, 10:15 AM OCI announces FY 2009 Results Summary of Consolidated Results for Q4 2009: - Consolidated revenue increased 3 ...</div>
</div>
the international exchange market, the market for conversion exchange operations of specified amounts of one country’s currency into the ...
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