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Informative Articles

Family Feud with an Auction Deadline – Adventures in Probate/ Estate Purchases
One of our investor students told us of an interesting probate deal or "adventure" they're working on now and while it's a good story, it also illustrates lots of the ins and out of probate or estate issues and purchases. The Seller (we'll call...

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...

Looking to Buy High-Quality, Cheap Electronics? Here’s Why an Online Auction Site May Be Just the Place for You!
Since they began back in 1995, Internet auction sites have become one of, if not the, hottest phenomenon on the Web. And today, the popularity of these sites is growing faster than ever before due to a new wave of sites that auction off brand...

Take Advantage of Mistake that Auction Seller Made
Now one of the most fun and most profitable auctions you can find is misspelled items. You might be able to get a tidy profit of $50 or $70 dollars easily by searching for items that auction seller make mistake in placing their ad. One man lost...

The Truth About Government Auctions
Are you interested in purchasing used government personal property--items such as vehicles, tools, machinery or office equipment? The government tries to stretch our tax dollar by selling what they no longer need to the public and business. This is...

 
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Using Smaller Online Auction Sites to Make Profit on Larger Auction sites.

A lot of auction sellers seem to be missing out on untapped merchandise to sell for profit. They seem to be forgetting the smaller online auction sites out there.  There are literally 100’s if not 1,000’s of smaller online auction sites out there.

A lot of auction sellers seem to be missing out on untapped merchandise to sell for profit. They seem to be forgetting the smaller online auction sites out there.  There are literally 100’s if not 1,000’s of smaller online auction sites out there such as http://coolbidz.com or http://auctionfire.com with tens of thousands of articles for sale.  

The best part of it is that most of the auctions on the smaller sites tend to sell for much less than they would on eBay or Yahoo Auctions allowing you to buy then sell for higher profits on bigger sites. 

Example: A friend of mine recently bought a bubble jet printer on http://www.coolbidz.com for only $25 that was the starting bid and fortunately for him there were no more bidders. He paid for the item and he asked the seller if he could hold on to it for a few days before shipping. He then listed the item on Bay and re-sold it for $78 a profit of $53. He then contacted the original seller and asked him to deliver it to the


address of his eBay buyer, cleverly saving him time, money and the effort of posting the item.

A total of $53 profit for doing nothing but acting as the middle man. 

A lot of these smaller sites have sellers listing  wholesale items for far less than the bigger auction sites. 

Also, many people don’t have credit cards or don’t agree with the high charges incurred on the bigger sites so only use the free auction sites such as www.coolbidz.com etc.. 

Check out the niche auction sites, there are many bargains to be had there which can be turned into profit.

I advice you to visit these smaller online auction sites, see what is listed and what they are selling forArticle Search, then comparing them to the bigger sites. 

Making money on auction sites is great fun but making money for nothing is better 

Good Luck

ABOUT THE AUTHOR

Nick Dobson is the owner of www.coolbidz.com he provides information to new online auction users and writes regular articles about auction tips and advice.

You can contact him at info@coolbidz.com