|Whether using online auctions as your primary home based internet business or using them in conjunction with
a website for an extra promotional means know what you are doing and behave in an ethical manner.
Many things, on the internet, that were once useful to webmasters to promote their websites have
lost their power through abuse. Some abuse has been done through greed and in some cases it was just
done through inexperience.
The first source I've recommended below can go a long way in educating you on how to use online
auctions to enhance traffic and awareness of your website while maintaining your credibility and good
standing with the auction sites. Be aware you can't blatantly advertise your website on these auction
Online Auctions is self-explanatory. Ebay and yahoo are the
major online auctions although there are many more online auction sites. It is not essential to have a
website to run online auctions, however most who are hugely successful with online auctions also have a website
they use in conjunction with their online auctions. Care needs to be taken in not violating the rules of the
If online auctions are of interest to you as a business model
Be sure and read all their rules. Take time to learn about any tools they have and
how to use them to make the most of your auctions. This will give you the specifics about the particular
auction site or sites that you choose to use.
However, to really get the power of online auctions, you
may want to get further more in-depth information from someone who has made online auctions his primary
business for some time. This does not cover the basics which you can get at the auction site for
free. Why pay for what is free? Rather this will show you how to get an advantage even from
non-winning bidders, free and cheap items that really sell, creating money from other people's stuff, how to
protect your feedback, how to develop huge mailing lists using ebay. Plus you'll gain access to a personal
resource site. This and many more auction related tips from someone who walks the walk, and at a very affordable
Another good option is to sell other people's items on a consignment
basis. You would obviously have to advertise your service to have an ongoing stream of
merchandise. You would pay the consignor after you have made the sale and collected from the
buyer. This way you have no upfront out-of-pocket investment in merchandise and only pay after the sale is
Consignment auctions is an area of online auctions that has not as yet
been overdone, so now would be a good time to get an auction consignment business started.
I have done online auctions and I can tell you that selling out of your garage or attic as some
suggest is a good way to get started and get your feet wet. Selling your own useable, but unused items is a
way to learn some things and get comfortable with the process. It is not an enduring
supply. You will need some other source of ongoing merchandise.
A good dropshipper is one source. As I mentioned before, this will take some research and
digging. Online auctions can be very beneficial to a website owner even if it is not your primary
source of income. Using the proper strategies can create traffic to your main website, boost affiliate
sales, and increase subscriptions to your newsletter.
Profitable Home Based Internet businesses | Dropship and eCommerce | Brainstorming