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10 Things You Should Know Before You Bid On A Business Product From An Online Auction
1. Know the value of the product before you bid. If the product is brand new, check to see what price retailers are charging for it. If the product is used or reconditioned, you will want to pay way less than the retail value. 2. If the...

Ebay Auction Pricing Strategies.
If your items aren't selling, then you might have a bad pricing strategy. There as many pricing strategies in the world as there are buyers - if you look at two businesses selling the same thing, often the only difference you'll be able to find...

How To Add Unlimited Pictures To Your Ebay Auction Listing - For Free.
I get a lot of questions from people wanting to know how to add more pictures to their auction listings. Do you know that eBay charges for additional pictures? Yes, that's right. Pay attention when you launch your next eBay listing. Only the first...

Online Auctions
As popular as they are, online auctions should be approached with care. Many times, merchandise is offered that either may be illegal, fraudulent, or simply doesn't exist, and the vendor takes your money and runs. So what can you do to protect...

UbidFast auctionsopens for business offering safe and secure shopping for consumers.
The challenge for UbidFast is creating a successful auction shopping site with the looming monopoly in the industry. Most auction or shopping sites start with the dream to tap in the largest auction site's two billion dollar revenue. Ubid Fast is...

 
Can dropshipping work for your online auction efforts?

There is much discussion throughout usenet, chatrooms and forums about drop shippers, and I have sat through many heated threads about the subject. Many will tell you that drop shipping is a scam, it don't work, you'll never make any money...But I know these things just not to be true, as I have talked with those doing it, work with those who do, and am the webmaster of the site belonging to someone who manufactures and drop ships his products. I have also used this method in the past.

First of all, using drop shippers is not a get rich scheme, or is the answer to all of your problems, and, like any home based business, requires some research and some work, but done correctly, can be very profitable.

Let me explain the proccess in a nutshell.

First you decide what you are going to sell online. You then find a drop shipper that carries the product. You place the images and descriptions on your website or auction. When you make a sale, you send the order on to your drop shipper, who in turn sends the product to your customer. The profit that you make is the difference in the price that you charge.

That is the process in a nutshell, but it is a bit more complicated than that. Let me explain...

Deciding what to sell is one of the most important decisions that you will make, and this is where many trying to get into the business fail. You must take the time to research the market. This research involves finding out these things...

1)Pretend for a moment that you have decided to sell remote controlled coffee makers,(I am using this as an example, as one of these sounded real good yesterday morning. Pardon me if I sound like your Junior Achievement teacher in high school.) and Is there alot of people selling these handy little devices? If there is, this just might not be a good thing, as an oversaturation of a product makes it difficult, or impossible market to compete in. You can find this out by going to eBay, or to search engines and looking at what others are doing. An over saturated market such as home electronics is just about impossible to compete in, without cutting prices, and right square into your profits. This is why someone selling rolling pins or dog shampoo might just make a killing, while the guy selling car stereo systems is not selling anything but a pretty cool website.

2)Are there people actually buying Remote Controlled Coffee Makers? One way to find out, is by going to eBay and looking at how many bids and


clicks that those who are selling these coffee makers are getting. Of course there are many other ways to research this,such as market research software, and I will get into these in a later article. There must be a market to sell your products to, or you are just chasing your tail. This part is called "demand". Demand for the product that you are selling. This is why those home based businesses that are involved in "niche markets" seem to thrive. Before you should start selling these jumped up java makers, you should find out if there is a market of people who will by them from you.

3)Where can you get these coffee makers. are you getting them from the manufacturer or authorized wholesale distributor? If you don't you might be getting ripped off. Research your Sources! Do they drop ship? If not, then you will have to stock your inventory. You can save a grip of money by doing this, if you have the room to do this. Buying in bulk can save you money, if the shipping fees (do the research first!) don't eat all of your profits. If you are just starting out on a shoestring budget, then drop shipping might be your better bet.

4)Do the math!!! Figure in all of your costs! After you have decided what to sell, you must figure what you are going to sell it for. Once you have added in selling fees (if you are using auctions to sell), you must consider shipping fees (if you are not using drop shippers), taxes, and any overhead that you might have. License fees and hosting fees, if you own your own site.

(I hope these things that I have mentioned here do not discourage you, because these are the same things that you need to run any business. If these things do overwhelm you, you might want to consider affiliate programs for your first internet venture, as they cost nothing).

With all this considered, you should still be able to make a profit with the product that you choose to sell. If the math don't add up to profit for you, then you should find a different product to sell.

I have only touched on the basics here, but I hope that this article has explained the basics. I hope this helps you to understand how drop shipping works.

Regards,

Troy Breitmeyer http://dropshippers-directory.com

About the author:

Troy Breitmeyer has been a full time webmaster and affiliate marketer since 1996. Troy has been interviewed on Chris Malta's "Common Sence Internet Radio", and is currently writing an ebook to help affiliate marketers.

 

Yahoo! Auctions - Buy and Sell Sports Cards, Coins, Collectibles ...
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auctions.yahoo.com
 
eBay - New & used electronics, cars, apparel, collectibles ...
... and everything else on eBay, the world's online marketplace. Sign up and begin to buy and sell - auction or buy it now - almost anything on eBay.com.
www.ebay.com
 
Auction Fire - Free Auctions - Online Auction Site - Internet Auctions
Auction Fire is a free online auction site. An ebay alternative offering free auctions. Internet Auctions Website. Buy or sell in thousands of internet ...
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U.S. Treasury - Seized Property Auctions
Auctions - real estate, cars, trucks, vans, homes, boats, aircraft, motorcycles, jewelry, electronics, antiques, luxury items, furnishings, household goods, ...
www.treas.gov
 
Government Sales and Auctions: FirstGov.gov
Official site for information on all sales and auctions of government surplus property and assets.
www.firstgov.gov
 
eBay Australia - Buy or sell practically anything on eBay, the ...
eBay Australia offers online shopping and online auctions in Australia at eBay.com.au. *Conditions apply. The Buyer Protection Program is subject to the ...
www.ebay.com.au
 
Clearance Center - Overstock Electronics, Discount Computers ...
Provides auctions for computer systems, hardware, and software.
clearance.cnet.com
 
Indiatimes Auction : Digital Entertainment & Lifestyle Shoppe
Indiatimes > Shopping > Auctions. Choose Categories ... Big Brand Auctions. 1.5 T window AC with LCD remote ... Limited Quantity Auctions ...
auctions.indiatimes.com
 
MSN Shopping
Shopping tools including product guides, gift finder and gift certificates and links to online shopping sites with special offers.
shopping.msn.com
 
Auction - Wikipedia, the free encyclopedia
Dutch auction: In the traditional Dutch auction the auctioneer begins with a ... ("Dutch auction" is also sometimes used to describe online auctions where ...
en.wikipedia.org
 
QXL Ricardo plc. the online auction house | Investor Relations
Online auction with offers for European consumers, including arts, collectibles, cars, computing, consumer electronics and entertainment.
www.qxl.co.uk
 
Disturbing Auctions
This site is dedicated to the research and study of the most bizarre items found for sale on internet auction sites. Not the obviously fake auctions, ...
www.disturbingauctions.com
 
Internet Auction List - Largest Auction Directory
Find all kinds of auctions divided by types of items.
www.internetauctionlist.com
 
Overstock Auctions - Online Auctions at Overstock.com - An auction ...
Overstock.com Auctions your home for Online Auctions. Find great deals on thousands of live auctions. An alternative to eBay, this auctions site is the ...
auctions.overstock.com
 
Airline Tickets, Cheap Hotels, Vacation Packages & Travel Deals
The internet leader in Travel Auctions & Buy it Now deals to see the world. Our Lowest Price Guarantee on airline tickets, hotels, cruises, ...
www.skyauction.com
 
onSale.com Low Prices - Computers, Consumer electronics, Digital ...
onSale – Don’t just buy it. Get it onSale! onSale has the best selection of computer systems, peripherals, software, iPods, iPod accessories, ...
www.onsale.com
 
A Survey of Auctions
Defines in lay-terms the various types of auctions, including English Auctions, Dutch Auctions, and Double Auctions. A brief history of auctions and ...
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DoveBid - Industrial Auctioneers, Machinery Auctions, Capital ...
Buy & Sell surplus, used business, industrial machinery, laboratory, R&D equipment at DoveBid, the leading global provider of capital asset management and ...
www.dovebid.com
 
Neopets - New Neopian Auctions
Neopets - New Neopian Auctions. Oops! You cannot view this page because you are not logged in, or perhaps you have not created an account yet! ...
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Car Auctions, Auto Auctions, Online Car Auctions, Salvage Auctions ...
Car Auctions, Auto Auctions, Online Car Auctions. Pickles Auctions is an Australian owned Auction company, specialising in auto vehicle, truck and car ...
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