A Money-Making Virus... The Auction Bug!
By Julie Frost © 2003 www.YourHomeBiz.com
With so many computer viruses you hear about these days,
it's nice to finally talk about a bug that will make you
money. I've been doing business on the Internet since 1996,
but it wasn't until about a year ago that I discovered
online auctions. Now I wonder why it took me so long!
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It all started when I wanted to clean out my home office. I
figured I might be able to make some money with the old
home business books I had read and no longer needed.
But then I caught it! "Auction Fever!" I started looking
for more books to sell (because they sold well -- over 98%
of the time!) Then I moved on to my old clothes. They sold
even better. So then I sold some of the clothes my kids
had grown out of. And then some tapes. And so on and so on.
Here's how fun and addictive it can get... I even started
going to local auctions, finding some great buys, and
selling those items online! It's really that fun -- and
profitable.
I once met a woman at my mother-in-law's yard sale that
goes to yard sales on weekends to find collectibles, and
sells those at the online auctions during the week. She
makes a full-time living doing this, and she gets to stay
at home with her children, too.
The thing is, no matter how full your attic, garage, or
closets, eventually you run out of things to sell from your
own home.
That's where drop-shippers come in.
You can become a wholesale distributor for many "drop-ship"
companies. These companies will pack your items, usually
with your name and return address, and a receipt without a
price listed. In other words, you can sell these items for
whatever price you choose.
You can get even bigger discounts (in many cases) when you
buy wholesale and do the packing and shipping yourself.
Wholesale companies are similar to drop-ship companies,
only you buy directly from them (usually by the case or
other bulk quantity).
I prefer drop-shippers, simply because I don't particularly
enjoy spending an hour at the post office each day. To me
it's worth it to have a slightly smaller profit margin and
work completely from home. But others like the variety
and deep discounts they can get on wholesale products.
Haven't been bitten by the auction bug yet? Try selling
some of your old "stuff" and I bet you'll have the fever in
no time!
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Julie Frost is the owner of www.YourHomeBiz.com, where you
can learn how to find, start, grow and succeed in your own
home-based business(tm). Visit her site to sign up for the
free weekly newsletter. To learn more about making money w/
online auctions, visit: http://www.yourhomebiz.com/ebaybiz/ today to find
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