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Online Auction Sites are Great Places to start Selling
So you decided to start a small online business. Most entrepreneurs can't wait to get their online business started and begin to rake in the cash. Entrepreneurs interested in an online business usually pick between two major revenue streams- auction...
Online Marketing: Online Auctions
Online Marketing: Online Auctions
By Aaron Turpen of Aaronz WebWorkz
Many people have not considered the value of using online
auction houses, such as eBay and Yahoo! Auctions, to
promote their own businesses. No matter your business, ...
The Top Ten Tips For Auction Success!
If you were to look through eBay, or any other online auction site for that matter,you would find that many people make some very basic mistakes. And, they repeat these mistakes over and over again. As indicated in my book "eBay Marketing Wholesale...
Want to Grow Your Business? Try Being an Auction Seller
Every business owner, from the largest conglomerate to the
smallest storefront, has the same goals in mind: finding new
customers and making more money. Most merchandise-oriented
businesses have already turned to the Internet, and now it's
hard...
When And How To Cancel An Ebay Auction Early.
One day, you might decide that you want to end an auction early. Before you do, though, you should consider why you want to do it: cancelling auctions upsets buyers and upsets eBay, and there might be a better to way to get what you want.
I Want...
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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.
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| Yahoo! Auctions - Buy and Sell Sports Cards, Coins, Collectibles ... |
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| www.treas.gov |
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| Government Sales and Auctions: FirstGov.gov |
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| Indiatimes > Shopping > Auctions. Choose Categories ... Big Brand Auctions. 1.5 T window AC with LCD remote ... Limited Quantity Auctions ... |
| auctions.indiatimes.com |
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| MSN Shopping |
| Shopping tools including product guides, gift finder and gift certificates and links to online shopping sites with special offers. |
| shopping.msn.com |
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| 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 |
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| 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 |
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| 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 |
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| Internet Auction List - Largest Auction Directory |
| Find all kinds of auctions divided by types of items. |
| www.internetauctionlist.com |
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| 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 |
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| 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 |
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| 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 |
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| 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 ... |
| www.agorics.com |
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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 |
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| 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! ... |
| www.neopets.com |
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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 ... |
| www.pickles.com.au |
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