By Doug E Smith
Auctioning off merchandise on eBay is one of the earliest and perhaps most effective ways to sell goods and develop a rewarding online home based business. A few years ago it was quite easy to make money this way, however, lately eBay has been increasingly competitive with sellers, making it difficult to track down items that are unique and cheap enough to make a decent profit from. If you use online wholesalers, you are at a competitive disadvantage among eBayer's, because many receive volume discounted pricing on merchandise that you would have to compete against.
Here is a way you can have a competitive advantage and make much higher profit margins then long time eBayers. There are millions of items that the government acquires through diverse means such as bankruptcies, unpaid taxes, repossessed items, unclaimed items or government surplus that they simply want to quickly get rid of. You can buy these items either online from government web sites or from live government auctions held locally across the US and Canada. Because the government has a zero cost basis for these items, they aren't concerned about selling at high prices like a wholesaler is, so you can purchase items for far less then what they are worth.
Purchasing products at government auctions means you are getting deeply discounted distinctive merchandise. These auctions have a broad range of products that are effective for selling on eBay including items such as jewelry, electronics, office equipment, etc. Many of the items are sold in bulk or larger quantities which allows for a quicker eBay set-up for the items. To provide an example, at a government auction I recently attended someone bought 11 ATM machines for $45 each which they sold for $467 each and another person bought 43 digital cameras for $600 which they auctioned off on eBay for a 700 percent profit.
So if you've never sold an item on eBay then I would recommend going to eBay and spending 15 minutes creating a free eBay account and entering a fabricated sale item (just follow eBay's prompts). This will help you to understand how to sell items on eBay and show you how painless it is.
Then visit the Government Auction Review Site below and check which government auction site is the right one for locating the best government auctions and items listed at each (both online and live auctions). Once you know the government auction site that will offer access to virtually unlimited items for you to resale, then join that site.
All you have to do now is explore government auction sale items online and/or visit a local live government auction. Then buy items amongst the many great deals and list them on eBay for a nice profit. Viola, eBay's entire audience has access to your products and can now bid on them.
Congratulations, you are on your way to what will definitely be a very lucrative Internet business.
To read reviews and ratings on the top government surplus auction sites check out Government Auctions
Showing posts with label auctions. Show all posts
Showing posts with label auctions. Show all posts
Thursday, April 2, 2009
The Secret to Purchasing Seized Cars For Under $340
Not many people know that you can buy a vehicle for $339.95 simply by visiting a local government police auction.
Here's how it's done! At the majority of government and police auctions if a vehicle doesn't meet a predetermined opening bid during the auction, it will be put up for sale at the auction's conclusion for $300. This is because the government likes to eliminate any costs involved in storing vehicles after the auction.
The first time I noticed this, I was going through some of the car listings on the site mentioned below (last paragraph) and then I noticed something peculiar. Many of the cars were indiscreetly labeled 'If vehicle does not sell at this auction it can be purchased afterward for $300'.
In fact upon further research including calling a number of the auctions, using the number provided on the Government Auctions site, I was surprised to hear that due to the current recession, cars selling for $300 at these auctions has been increasing. This is because car dealerships cannot obtain credit or sell their current inventory resulting in many more cars available (in great condition) then people there to buy them.
The cost to gain access to these government car auctions with all of the vehicle listings and associated information is $39.95 (so car total is $339.95). It is worth it though, as you get listings of the less obvious auctions with detailed vehicle information for each auction. The membership also contains listings of items such as car parts, jewelry, furniture, home/garden equipment, electronics and even foreclosed homes, all offered for pennies on the dollar.
Once you choose the vehicles of interest from the government auction in your area, then attend that auction and low bid on each vehicle. Better still wait until the auction is over then pick up the unsold vehicle(s) you like for $300. I would recommend calling the auction prior to attending so you have an understanding on their policies regarding this.
You'll be surprised at what you can get for $300. I know, I've purchased 3 cars this way including a older model Beemer in great condition.
To locate these $300 car listings and access a free ebook of how to purchase a used car visit Police Auctions or to locate other government auction products such as foreclosures visit Government Auctions.
Here's how it's done! At the majority of government and police auctions if a vehicle doesn't meet a predetermined opening bid during the auction, it will be put up for sale at the auction's conclusion for $300. This is because the government likes to eliminate any costs involved in storing vehicles after the auction.
The first time I noticed this, I was going through some of the car listings on the site mentioned below (last paragraph) and then I noticed something peculiar. Many of the cars were indiscreetly labeled 'If vehicle does not sell at this auction it can be purchased afterward for $300'.
In fact upon further research including calling a number of the auctions, using the number provided on the Government Auctions site, I was surprised to hear that due to the current recession, cars selling for $300 at these auctions has been increasing. This is because car dealerships cannot obtain credit or sell their current inventory resulting in many more cars available (in great condition) then people there to buy them.
The cost to gain access to these government car auctions with all of the vehicle listings and associated information is $39.95 (so car total is $339.95). It is worth it though, as you get listings of the less obvious auctions with detailed vehicle information for each auction. The membership also contains listings of items such as car parts, jewelry, furniture, home/garden equipment, electronics and even foreclosed homes, all offered for pennies on the dollar.
Once you choose the vehicles of interest from the government auction in your area, then attend that auction and low bid on each vehicle. Better still wait until the auction is over then pick up the unsold vehicle(s) you like for $300. I would recommend calling the auction prior to attending so you have an understanding on their policies regarding this.
You'll be surprised at what you can get for $300. I know, I've purchased 3 cars this way including a older model Beemer in great condition.
To locate these $300 car listings and access a free ebook of how to purchase a used car visit Police Auctions or to locate other government auction products such as foreclosures visit Government Auctions.
Wednesday, September 24, 2008
Online Marketing and Auctions
One of the best opportunities to take advantage of auctions is through online marketing. However, these are areas that require some expertise in order to keep from losing your shirt!
Affiliate marketing and internet marketing go hand-in-hand with online auctions.
Perhaps the best way then to take advantage of these is through "search engine marketing", or SEM. You can advertise government auction listings, but perhaps more significantly, the auctions can be great sources for products to market through SEM, and in particular PPC or Pay Per Click.
Before pursing online marketing, you must make an effor to "learn the ropes". Just as there are excellent resources for auctions and auction sites, so too there are plenty of online resources that will help you do a better job taking advantage of auctions.
Improve Your Internet Marketing is one of those premier sites for learning everything you need to know about online marketing.
From that site, you'll find links to other online resources, virtually all of them free.
You can also search Google on the topics of auctions, government auctions, and online auction marketing. You'll find literally thousands of websites, ebooks, etc.
Affiliate marketing and internet marketing go hand-in-hand with online auctions.
Perhaps the best way then to take advantage of these is through "search engine marketing", or SEM. You can advertise government auction listings, but perhaps more significantly, the auctions can be great sources for products to market through SEM, and in particular PPC or Pay Per Click.
Before pursing online marketing, you must make an effor to "learn the ropes". Just as there are excellent resources for auctions and auction sites, so too there are plenty of online resources that will help you do a better job taking advantage of auctions.
Improve Your Internet Marketing is one of those premier sites for learning everything you need to know about online marketing.
From that site, you'll find links to other online resources, virtually all of them free.
You can also search Google on the topics of auctions, government auctions, and online auction marketing. You'll find literally thousands of websites, ebooks, etc.
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