How To Make Money Online Through Auctions
There are many auction sites on the Internet. Regardless, you want to know how to make money online through auctions. Making money online by selling stuff is not hard to do. Let us give you some tips.
Recommended Websites:
- ebay.about.com/od/sellingeffectivel1/qt/se_conditions.htm
- cheapstuff.com
1. You start out by selling things around your house that you do not need. For example, do you know that old antique lamp you have? It may not be useful to you, but it will be useful to someone else. You would be surprised at how much people will pay for certain items that you have no use for. Gather up a bunch of items you no longer want or need, clean them up and take pictures of them.
2. When you post them on the auction site, make sure you write a good description of the items. If there is something wrong with them, make sure you point it out. In other words, if something is not in "mint condition," don't claim that it is. The worst thing you could do in this line of work is create a bad name for yourself by selling an item that is "not as described."
3. Some people start out by posting a bunch of little stuff in order to build up their feedback. You may want to save the bigger stuff for when you have a lot of good feedback.
4. Once the item has sold, take that money and buy other stuff to sale. Make sure you do not buy something at a high price. The trick here is to find stuff on sale - stuff you know will sell for more on an auction site. For example, if you can find Final Fantasy 7 in mint condition for $5.00, it is worth buying and posting on the auction site, because it will go for more than $5.00.
5. Whenever someone wins the item and pays for it, it is important that you ship it out as soon as possible. When you ship it, make sure it is secure.
Pros
Now that you know how to make money online through auctions, it is time for you to get started. This is your chance to finally run a store of your own.
Cons
You should also get tracking on every single item you sell, no matter what price it was. If the individual paid through PayPal, they could claim they never got the item, even though they did. If you are not able to show the tracking number, PayPal will automatically refund the money to them.
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