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Real Estate Auctions
Real Estate Auctions
If you are interested in either buying a house to live in or
buying a house or property for an investment, you should look
into real estate auctions. Many houses that have foreclosed are
put up for auction, sometimes...
Succeeding with Ebay Auctions
Ebay just seems to be another one of those darling Internet
phenoms like Google that just seems to do no wrong. With nearly
15 billion in sales last year and over 10 million visitors every
month (and still growing!), it seems like Ebay might be...
The Web's Best Online Auction Sites
The best online auction links for buyers and sellers are - not surprisingly - eBay, eBay and eBay. eBay began the entire wacky world of online auctions back on the Labor Day weekend of 1995. By any definition, this is one of the most successful...
Using Smaller Online Auction Sites to Make Profit on Larger Auction sites.
A lot of auction sellers seem to be missing out on untapped merchandise to sell for profit. They seem to be forgetting the smaller online auction sites out there. There are literally 100’s if not 1,000’s of smaller online auction sites out ...
What is the best Duration for an eBay Auction?
On eBay you run your auction for a specific duration. Currently,
the options are 1, 3, 5, 7 or 10 days.
But which duration is best for your auction?
In this article, I'll give you some pointers designed to assist
in answering the...
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The Fundamental Idea of Online Auction Business
The Fundamental Idea of Online Auction Business By Pradeep
Aggarwal
For a myriad reasons, online auction sites are an excellent to
sell a product for a good price. What makes it so different from
the conventional stores and malls is you have all the time in
the world to surf the listings and more so.. the bidding takes
place for days not minutes. It is an excellent opportunity for
budding entrepreneurs to make a successful business if you have
the persistence and the will to do it.
The Fundamental Idea:
Basically your primary role to play an intermediary role of a
catalyst helping people buy products of their choice. To get
started, you don't need to stock items for you can start placing
drop shipper's items on eBay. This concept is by those who don't
wish to stock inventory of products sold for future delivery
through mail order, catalogues and Internet Advertising. When
you send single unit orders to the manufacturers or major stock
distributors, they in turn ship the item directly to the
customers found at online auction, benefiting them by savings on
advertising and costs to middlemen. This way your stocking
inventory risks are minimized with added savings on storage,
insurance, overhead and keeping sold until sold.
Advantages:
Starting a business with minimum capital. You loose a few
dollars in eBay fees if your items don't sell. Disadvantages:
The hindrance is no public information on general sales methods
and techniques used. Time is essence, required to work all the
time to run the business, since this is not a passive
income
method.
Mistakes to Avoid:
1. Keep in mind the days when auctions are in full swing usually
on Sunday evenings. A wrong auction expiration time could be
fatal. 2. Give adequate attention to your listings. Provide
complete information to the prospective bidders so that they can
act fast. Avoid flashy designs and animated texts. They only
make customers irritating resulting in loss of business. 3.
People usually don't bid on Reserve. Avoid it. Obviously the
customers don't like to receive a message 'Reserve not yet met'
message. 4. The fundamental rule for any business is having a
Business Plan. The fundamentals must be strong. Have a definite
business plan and work accordingly. 5. Stability is the key.
Your business model must be stable. Keeping changing the
suppliers and manufacturers lest you could get bogged down with
a few only.
About the Author
Pradeep Aggarwal is the creator of the Auction Spectrum. This
site is dedicated to helping people start and run a successful
online auction business. Visit his site to get a free report and
articles on how to start internet based home business.
http://www.Internet-successkey.com
About the author:
Pradeep Aggarwal is an Internet Entrepreneur and a leading
online business consultant, He has conducted many workshops and
seminars across the world empowering people on How to Start
Online Business. His website Internet success key has helped
many people set up online business from home and have created
successful career
for themselves. http://www.internet-successkey.com
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| en.wikipedia.org |
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| QXL Ricardo plc. the online auction house | Investor Relations |
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| www.qxl.co.uk |
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| www.disturbingauctions.com |
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| 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 ... |
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| A Survey of Auctions |
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| Buy & Sell surplus, used business, industrial machinery, laboratory, R&D equipment at DoveBid, the leading global provider of capital asset management and ... |
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