How To Earn Money From Internet

Sell and trade the hot items of the day, by effectively creating a massive virtual marketplace where millions of people gather to buy, since they began in 1995 Online Auctions have changed and are changing the way we shop and already are having a huge impact on consumer shopping habits and the work at home opportunity.

Or a big Company with lots of inventory to sell; whether they are a working Mom making a modest income; hope to develop a thriving and profitable work at home business and earn valuable part-time or full-time income; everyone involved in online auctions and eBay has the same opportunity to reach and sell to literally millions of people - whether they are just looking to make a few extra bucks a week as pocket money. Online Auctions are probably the only opportunity that allows everyone the chance to play on a level playing field, as a business.

And if you were planning to manufacture your own product - then depending on your product design and manufacturing cycle - there can be a big time lag before your products are delivered to the buyers and consumers and turned into sales and revenues. A Conventional Business needs a fair amount of both Capital and Time to be established and organised before you can really start trading profitably.

There are certain minimum requirements which must be met before you can open shop and start trading including but not limited to: in order to start-up and run any conventional business,

o Capital or Equity;

o Financial Plan and Short-term to Mid-term Budget; o Business Strategy and Plan; o Time - weeks or months or even years of advance preparation; o You - including your managerial and organisational skills;

o An Inventory of Products to sell - either manufactured by you or purchased from a supplier; o Personnel; o Equipment - Office and Manufacturing; o Manufacturing Premises if you plan to manufacture your own products; o Business Premises including Location and Layout; o Marketing Strategy;

o A Reasonable Advertising Budget;

o Banking Facilities;

o Other Requirements depending on your country and place of business; o Customers; o Trading Licences and Certificate of Incorporation;

But as an Online Auction Seller or Auctioneer there are really only 6 easy to meet requirements:

It's Free! Registration with the online auction house or eBay. 1.

a Computer or Access to a Computer; 3; a Little Computer Knowledge. 2.

a Good AD; 4.

a Valid eMail Address; 6; a Valid Credit Card - for setting up your seller's account. 5.

Registration and the beginning of a successful business can normally be accomplished within 24/48 hours with: You can begin to sell any product you want at a profit, once you have registered with the online auctions site or sites of your choice.

o No overhead or upfront costs; o No Need for Capital - it costs about $0.30 to list an auction and the listing fee is normally billed monthly;

o No Need for Sales Staff or Distributors;

professional drop-shippers; o No need to ship products yourself if you use established, o No initial investment required; o No Need for Business Premises; o No Need for a Website;

o Millions of captive online auctions buying customers;

The Strategic Advantages of this business model are clear and beyond dispute:

this convenience increases the number of bidders; Decide and bid, thus giving purchasers adequate time to search, items can be listed for up to 10 days at the discretion of the seller. Seven days a week and l65 days a year, 24/7, no Time Constraint - Bids can be placed at any time. 1.

reducing costs and the seller's minimum acceptable price; also there is no need to ship items to a central location, Increases the number of listed items/sellers and the number of bids/bidders for each item, reduces the cost of "attending" an auction, this makes the auctions more accessible. No Geographical Constraints - Buyers and Sellers can participate from anywhere in the world that has access to the Internet. 2.

No Language Barriers - Buyers and Sellers can participate from anywhere in the world that has access to the Internet and in their own language. 3.

intensity of Social Interactions - The social interactions involved in the bidding process are very high as the bidders wait in anticipation hoping to "win" and many bidders bid primarily to "play the game" rather than to obtain the and product; 4.

there are usually a large number of bidders; the ease of access and the social benefits of the auction process, the broad range of products and services available, because of the potential for obtaining highly valued items at a relatively low price, Widespread exposure for your product and/or company, large Number of Bidders - Online auction sites attract a large amount of traffic making them an ideal place to capitalise on readily available. 5.

there are usually a large number of sellers; reduced selling costs and ease of access, the potential for a relatively high price, large Number of Sellers - Because of the large number of bidders, 6.

the larger the system becomes and the more valuable the business model becomes for all participants; the more the spiral operates, In a virtual spiral. Which will encourage more sellers etc, will encourage more bidders, in turn, network Economies of Scale - The larger number of bidders encourages more sellers which. 7.