Why Entrepreneurs Love Online Auctions

45-Year Old EBay Powerseller Since 1997 Lays Out A Complete Step-By-Step Roadmap On How He Has Made Over $8.7 Million On EBay Over The Last 10 Years.


Online auctions remain one of the most profitable
online business models, and are especially
attractive because there is a very low barrier to
entry.

Anyone that knows how to use a computer,
and has access to an Internet connection,
can make money with an online auction.

You don't even need to have a digital camera
since you can use stock photos provided
by the manufacturer.

And even better, you don't have to buy any
products until the sale has been made,
and you have received a payment from the
winning bidder.

A drop shipping arrangement allows you to
list products, and have them sent directly
from the wholesaler to the winning bidder
once the auction is complete.

Special note, although you can make
money by having your products drop shipped,
you will make the most money at online
auctions with products
that you actually own.

This is because you can usually obtain a lower
price by buying products ahead of time,
and can often buy products that other sellers
don't have.

Imagine that you purchased a closeout
of Polo Ralph Lauren dress shirts,
since you will be the only online auction
seller that has
access to this specific lot,
your competition will be limited in scope.

And finally, the reason why entrepreneurs
love online auctions so much, is because
they make them money!

If you currently sell through online
auctions, or are considering running your
first online auction, you should realize that
your earning potential is allot greater than you
probably realize.

45-Year Old EBay Powerseller Since 1997 Lays Out A Complete Step-By-Step Roadmap On How He Has Made Over $8.7 Million On EBay Over The Last 10 Years.