Online Auctions
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I am astounded by how many people are making livings off Ebay and other
auction sites, and yet it makes undeniable fiscal sense. I seem to find deals
wherever I go, but most of my friends claim they can't find anything in thrift stores.
Many of these unlucky people shop at online auctions, buying new or used goods
at prices that are decent, but twice what we real cheapskates pay.
Pros: Obviously working from home at your leisure isn't such a bad gig. If you are
one of those people who knows where the deals are, why not make a buck from
it? Plus, shopping for things you love is fun.
Cons: Most auction sites charge listing fees plus take a cut of your final sale price,
so you have factor this in when you’re deciding whether you can make a profit.
Some auctions never get bidders while others get so many that the price is higher
every time you refresh, and there is no way to tell which will be the case for any
given item. You’ll need a lot of two-dollar profits to make much of a living, and
managing so many auctions can take considerable time and tracking. There’s no
avoiding the inevitable difficult or dishonest customers. But if you can handle that,
all you need is an online computer (doesn’t everything require this now?) and a
digital camera. Oh, and merchandise. So get shopping.
Ebay is the most popular and well known of the auction sites, but there are
definitely other options. Other sites such as auctionPAL make auctioning simple
and even provide materials. Etsy features all handmade items, so it can be a
good marketplace for crafters. Either way, you will need a Paypal account to
process credit card and electronic check payments.
auction sites, and yet it makes undeniable fiscal sense. I seem to find deals
wherever I go, but most of my friends claim they can't find anything in thrift stores.
Many of these unlucky people shop at online auctions, buying new or used goods
at prices that are decent, but twice what we real cheapskates pay.
Pros: Obviously working from home at your leisure isn't such a bad gig. If you are
one of those people who knows where the deals are, why not make a buck from
it? Plus, shopping for things you love is fun.
Cons: Most auction sites charge listing fees plus take a cut of your final sale price,
so you have factor this in when you’re deciding whether you can make a profit.
Some auctions never get bidders while others get so many that the price is higher
every time you refresh, and there is no way to tell which will be the case for any
given item. You’ll need a lot of two-dollar profits to make much of a living, and
managing so many auctions can take considerable time and tracking. There’s no
avoiding the inevitable difficult or dishonest customers. But if you can handle that,
all you need is an online computer (doesn’t everything require this now?) and a
digital camera. Oh, and merchandise. So get shopping.
Ebay is the most popular and well known of the auction sites, but there are
definitely other options. Other sites such as auctionPAL make auctioning simple
and even provide materials. Etsy features all handmade items, so it can be a
good marketplace for crafters. Either way, you will need a Paypal account to
process credit card and electronic check payments.