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Make money with Online Auction

Online Auctions

eBay.com is the best Online auction to start selling stuff because it has millions of users browsing all the categories looking for things to buy. Thousands of people now make a full time living selling stuff at Online auctions like eBay, and eBay power sellers are reported to be making over $100,000 per month

What To Sell

Just browse all the different categories at uBid.com and eBay.com and see what others are selling. If certain sellers continue to sell similar items week after week, month after month, this is a clue as to what is selling.

Many people sell their own items. They find different ways of buying merchandise for a low wholesale price and then sell it at action for a profit. After the item is sold, they post the item to the purchaser.

eBay Cash Machine is a service which provides auction training and can connect you with over 250,000 wholesale products.

Drop-Shipping

Many people use drop-shipping to deliver the products. The advantage of this method is that they never stock any inventory and are not involved in the product delivery phase.

They sell the item for a profit and receive payment. Then they take out their cut. Then they pay the wholesale price to the drop shipper. The drop shipper then delivers the item.

The biggest disadvantage with drop-shipping is that you might sell an item which means you also got paid for the item but for some reason the drop-shipper cannot supply the item.

This can get messy because you have to return the money and you might get some negative feedback which is not a good thing. This happens more often than people let you know about. A guaranteed source of supply is essential if you want to go ahead with this deal.

eBooks and Software

Some people like to sell products that can be delivered by email or a download page. This means that they do not have to pack or post anything. Examples of these kinds of products include eBooks and software.

2 ways to own software and eBook titles.

* Write an eBook or software program.

* Acquire resale rights to an eBook or software title.

eBooks

An ebook can be written directly out of ones head or one can get a hold of free public domain material to use as content. The eBook can be delivered electronically as a compiled executable program or in PDF format.

Software

Free software program with resale rights.

Accept Credit Cards and Get Paid with PayPal

PayPal is a service which allows eBay sellers to accept payments Online. Sign up is Free. It is a lot easier to make a sale at an Online action if we have a way to accept credit cards. The good thing about PayPal is that it allows users to accept credit cards without a merchant account.

There is no need to be an auction seller to accept payments with this method. For example, PayPal can be used to accept payment from a web site which sells eBooks, software or a subscription based service.

Also, some survey companies might like to pay us into our PayPal account, so it is a good idea to sign up for a Free account.

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