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Featured Auctions Articles

Buying Cars from Auto Auction
People have been really benefited by this new concept of buying cars from Auto auction, which is really convenient and affordable for the consumers. The entire deal of buying a car is all so convenient for the consumer that the consumers seeks to buy it ...

How To Add Unlimited Pictures To Your Ebay Auction Listing - For Free.
I get a lot of questions from people wanting to know how to add more pictures to their auction listings. Do you know that eBay charges for additional pictures? Yes, that's right. Pay attention when you launch your next eBay listing. Only the first picture ...

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 saving the buyer ...





How To Start An Online Auction Business
 
Have you spent any time looking at online auctions? There are thousands of visitors to
the big online auction sites every day, looking for something to purchase! This is an
excellent place to find buyers of your products without having to do any significant
marketing, and an inexpensive way to start making money without much upfront
investment.

Heres how to get started:

First, decide what you will sell.
------------------

You can sell most anything via an online auction, but here are a few items Ive seen do
very well in this venue:

* Collectibles of any sort
* Childrens items, especially clothing and toys
* Handmade items, including quilts, soap, and dollhouse items
* Craft supplies

Select your venue:
------------------

Decide which online auction you will use to sell your items. Ebay
(http://www.ebay.com) is the site with the most traffic, so it is an excellent choice, but
Yahoo! Auctions (http://auctions.yahoo.com) and Amazon Auctions
(http://auctions.amazon.com) both get significant traffic.

Also keep in mind that there may be specialty auction sites for your particular item with
customers looking only for what youre selling.

Once youve selected your auction site, sign up for a sellers account.

Find your products:
------------------

There are many ways to locate products to sell. Heres a list to give you some ideas:
* Visit garage sales and flea markets
* Peruse sale racks at local shops
* Go to discount or dollar stores
* Watch your newspaper for inventory closeout sales
* Locate wholesale sources; buy large lots and sell in small lots
* Start a consignment service, where you sell items for others for a fixed fee or
percentage of the auction price

List your item:
------------------

Develop an auction title with as much compelling information as possible, including a
brand, size, color, and brief description. Write a description with a lot of detail, both to
give potential buyers as much information as possible and to provide lots of keywords
for searches. Include a good quality photograph of the item so prospective buyers know
what theyre getting.

Set yourself up for repeat sales:
------------------

Ship promptly, and leave feedback for your buyer as soon as they pay you. Then, set
yourself up for repeat business by:

* Including a card in your package with a link to your web site, your ebay user name, or
other information about you to help them reach you later and to understand at a glance
what types of items you sell
* Contacting the buyer after they should have received your item to see if they are
satisfied, and ask if they would like to be contacted when you list new items. Send out
updates to all who agree when you do new listings.

Heres where to learn more:
------------------

Make Your Net Auctions Sell! is an excellent guide to everything about online auction
selling. You can read more about it by visiting their web site at
http://mynas.sitesell.com/ibb.html

You can receive a free 5-day email course called Net Auctions Masters by sending a
blank email to mailto:tnamsibb@sitesell.net

New to auctions? Visit ebay at http://www.ebay.com and see what we're talking
about! Do a search on anything you can think of, you will be amazed!


About the Author
Carol Woods is the editor of Work at Home Income, a weekly publication of Income
Building Blocks. IBB offers free ideas, information and inspiration for moms who work
at home or want to! For lots of free ideas to help you find a work at home job or start
a home based business, visit us at http://www.income-building-blocks.com and sign up
for Work at Home Income!


Auctions News



ABC News (blog)

Reagan's son says auction of vial purportedly containing late president's ...
Fox News
Ronald Reagan's son said Tuesday that the online auction of a vial purportedly containing the late president's dried blood is "bogus" and demanded the auction be canceled. "It's so bogus that whoever is doing it is lying to everybody," Michael Reagan ...
Foundation objects to auction of purported vial of Reagan's bloodReuters
The Proposed Auction of Ronald Reagan's Blood Isn't SurprisingThe Atlantic
Reagan Foundation Blasts 'Craven' Blood AuctionABC News (blog)
CBS News -NPR (blog) -New York Post
all 550 news articles »

ABC News

Disputed dinosaur fossil auctioned for $1M in NYC
BusinessWeek
By JENNIFER PELTZ A dinosaur dispute is brewing between the Mongolian government and an American auction house, which sold a fossil of a fearsome T. Rex relative despite a court order not to. The 8-foot-tall, 24-foot-long skeleton of a Tyannosaurus ...
Dino fossil sold in controversial auctionWTAM.com
Dinosaur Auction: Tyrannosaur Skeleton Fetches $1 Million Despite ObjectionsHuffington Post
Dinosaur Dustup: Auctioneer, Mongolia Battle Over $1M BonesABC News

all 290 news articles »

TIME

Still the Sultan: Babe Ruth Jersey Sells for $4.4 Million
TIME
In the highest auction amount ever paid for sports memorabilia, a 1920s road jersey—the earliest existing New York Yankees jersey known to have belonged to the legendary slugger—sold for $4.4 million. Even Ruth's former home, a 5124-square-foot ...
Babe Ruth's jersey sold at auction: Piece of Yankees' history has mighty price tagnewjerseynewsroom.com
Babe Ruth jersey fetches a 'Ruthian' $4.4 million at auctionChicago Sun-Times
Babe Ruth jersey sells for record $4.4 millionBusinessWeek
New York Daily News -CNN (blog) -Sacramento Bee
all 424 news articles »

Bloomberg

Treasurys Fall Ahead of Auction, EU Summit
Wall Street Journal
The Treasury Department is scheduled to sell $35 billion in two-year notes in the afternoon, kicking off this week's trio of auctions. Nomura's rate strategy team noted that while these short-dated notes currently offer decent value, it expects "weak" ...
Treasurys fall as stocks gain; auction on tapMarketWatch
Treasuries Fall Third Day Before European Summit, Note AuctionsSan Francisco Chronicle
Treasury Auctions Set for This WeekNew York Times
Reuters -BusinessWeek -Bloomberg
all 87 news articles »

Spanish, Dutch Funding Costs Move Opposite At Auctions
Wall Street Journal
By Emese Bartha Spain's borrowing costs rose further at Tuesday's Treasury bill auction, underlying the market's unease with the country's funding sustainability as bank recapitalization needs, frail finances in some of its regions and an upwardly ...

and more »