12 Kinds of Antique Products You Can Sell Through Online Auctions

All kinds of antiques, from dolls to furniture are certainly great sellers. But most of us are not antique dealers and may not know or care enough about them. So here are twelve things that sell like crazy that you can profit from using online auctions. (The list is not in priority order.)

1. Coins

A lot of people are coin collectors. You can buy on the Internet all kinds of foreign coins; pesos from Mexico, and coins from Brazil. Now we have the Euro, coins in the old money can only increase in value as they become a rarity.

These are very cheap coins. Some people have packaged them, like one hundred coins of the world, and they have sold at auction for £60 and £70. Many of those coins, like the Mexican peso and Brazilian one peso coin is less than a penny.

Also, Indian Head pennies and old silver, and even some current silver that’s not that old, what’s called junk silver, but it is still silver, is very popular. Some people bid this stuff up far more than what you can buy it for as base metal. It’s crazy, but that’s how it is.

2. Pocket and hunting knives

Both old and new pocket and hunting knives are very popular items. This category also includes swords.

It’s not for everyone, but if you are interested or have some knowledge of survival skills using knives, or find the history of swords fascinating these items do well online.

3. Watches and Rings

People are into some unusual watches and rings. Some of the turquoise watches and jewellery from New Mexico, was originally popular twenty years ago. But then it went out of fashion and nobody would wear it. Now, once again, it is popular.

If you can buy that jewellery at a good price, you can double and even triple your money.

4. Music boxes

Music boxes are very collectible and highly popular. They are relatively easy to ship to customers. A visit to any junk shop, car boot sale, antiques mall or market will usually yield at least one music box.

5. Holiday Season Items

All kinds of unusual items linked to Easter, Christmas and Halloween are extremely popular. People have bid items in this category way up.

6. Native American Indian Arts and Crafts

Anything to do with Indian arts and crafts is big business especially in the USA, UK, Germany and Belgium. Old arrowheads are popular, blankets, saddles, beadwork, all sorts of things connected with the Native American nations.

7. Religious Items

It doesn’t matter whether the religious items are Christian, Jewish, Islamic, Hindu or any other religion. They are all very popular.

In the Middle East they have “worry beads.” I had an Arab friend many years ago that gave me some. They don’t cost much money. I’ve seen them bid up to £25.

8. Rocks and Fossils

Rocks and fossils are very popular, perhaps because they are so collectible – they take little room up but a collection can be startling and interesting.

9. Bedspreads and Quilts

The star quilts of the North American Indians are very popular as well as the varied quilts made by the Victorians. Still a popular craft today, even modern handmade bedspreads and quilts can fetch a good price.

10. Perfumes and Colognes

This includes perfumes and colognes for both men and women. Especially name brands at a discount where people can bid for it, but get it for lower than the £50 it might normally sell for in a big department store.

11. Regional Items

Regional items have increased in popularity. People, who live in Arizona and New Mexico, California, Texas, can slip past the border and pick up Mexican arts and crafts extremely cheap, and yet double and triple their money on eBay.

If you don’t live in the States, but take a holiday in Mexico or South America, you may still find this lucrative. This category also covers tourist items bought anywhere in the world; such as African beadwork, dolls in the costume of the country, china from seaside towns in the British Isles, handbags from Egypt, it’s endless. As an aside, there is a vast, thriving market in British seaside trivia from pre-1970s.

12. Autographs

If you know, or have, anything that was signed by a famous person; a rock star, movie stars, presidents, whatever, they are bidding these up big time on eBay and the other auction sites. Some collectors’ are also keen to bid for a famous person’s item of clothing or lock of hair.

So, that’s just a summary of twelve categories that sell well through Internet auctions.

Of course you can sell thousands of other items. All sorts of books sell, for instance, there is no question about that. I’ve sold books and I’ve had three or four different companies buy books from me and resell them on eBay, Yahoo and other auction sites. However, you must either buy or print books cheap enough that you can ask for big enough discounts.

For example, a £25 book might get auctioned off at £6 or £7. Now if you bought it for £2, or printed it for £2 it shouldn’t be a problem making a steady profit. The profit margin is big enough for you to walk away with cash in your pocket.

The Top Sellers On eBay & What We Can Learn From Them

A fascinating eBay case study is the number one seller on eBay, a little outfit called Marie’s CDs, but is better known under its old name “1 Cent CD.” Jay and Marie, current ID “jayandmarie”, are an institution on eBay and are a big part of what makes eBay such an amazingly popular phenomenon.

This little company is literally an eBay dream come true. They started small out of their home in California in 1999 and began growing quickly. To date they have completed over 1 million auctions on eBay and have a feedback rating of 177,018 with 99% satisfaction from their customers!

When I say grow, I mean it in a Jack and the Beanstalk kind of way. Their business started out as a little fly-by-night outfit and has now sold over 1 million dollars (yep, that’s $1,000,000) annually for the past three years… Let me repeat that: over a million dollars in sales each year for three years running! Now THAT is growth!

They employ several people, have three small buildings in southern California, and ship items all over the world (mainly CDs). They got their fame from their auctions for CDs that start at only a penny…

What can we learn from this fascinating case study? What do Jay and Marie actually do?

Well, for one thing, they have huge numbers of auctions. Today, they have 83 pages of auctions listed. eBay lists 50 auctions to a page, so that is over 4,000 auctions.

Secondly, they offer great value, because their CDs begin at one cent. Yes, all of them.

None of their auctions has a reserve. Does it pay off? You betchum! Today, looking through 4 pages of eBay auctions, only 3 of them had no bids – so far.

And, naturally, their great feedback and reputation work heavily in their favor. After all, how many eBay sellers have 177,000+ feedback points with over half a million transactions completed.

This case study shows all of us how smart marketing and a great business model can pay off on eBay – and ecommerce, in general.

Edge of Using Pre Designed eBay Templates

The basic advantage of using an eBay template design relates to your store or auction look. The template can give your store a professional and elegant look resulting in the attraction of more customers and increase in sales.

The auction seems to be put in a lot of effort if a professional customized eBay template design is used to make it stand out.

A pre-built design saves time and effort making your job less tedious, meaning that you would not have to pay someone to do your designing nether you would be spending a lot of time on it yourself. This would enable you to put that saved time into other aspects of your business such as marketing or driving in more customer traffic.

Another massive benefit of using an eBay template design is that multiple auctions could be done in far less time than making each auction individually would.

Predetermined forms are available to set according to your requirements if you do not prefer someone else to create a template for you.

Another edge that you get from it is that you do not necessarily require vast knowledge of things such as HTML and you can just click your desired options and the engine would create a template for you fulfilling all your requirements.

Free templates are often available online created by many web developers. They create templates and post them on the internet allowing anybody to use them as long as they mention and give credit to them at the end.

The above mentioned way provides with a mutual benefit as not only you get a template that best suits your needs and matches up with the quality, you can also help the designer in evolving and you can also benefit by making an agreement with the designer to continue working for you.

As a lot of people planning to start an eBay store do not have expertise of that level in forming the store, the eBay design templates available online help them a lot and they rely on those templates a lot.

If you plan on starting an online business and building your own brand identity, it is recommended that you hire a designer that builds you a customized eBay template.

In order to make your products more recognizable and understandable, have an attractive logo and a good header.

Usage of the same logo and header across all your online links such as blogs, websites or other auction templates is important and recommended as the logo and the header becomes your identity and the customers can easily recognize you and relate to you.

Apart from various other benefits provided by the use of eBay template designs, it also allows sharing of maximum information with the potential buyers by the displaying important features on your page.

But before all this, it should be kept in mind that the buyer can only view your auction templates and see how professional and elegant it is if they are in your listings. And to get them in your listings it is important to focus on traffic generation, constant monitoring of competition and keyword searches.

Why You Should Choose a Pre Designed Template

Many eBay sellers prefer using a catchy customized template for the listing of their items, then having no design at all. A pre designed template helps you to give your store the professional look it needs to flourish. It is found out by research that customers tend to prefer pages that are well designed and organized rather than those that are average looking, the same thing applies for eBay auction lists. So the better our eBay store looks, the more time the potential buyer would spend on it and the chances of your sales would be high. If it seemed difficult to believe, try observing you know buying behaviors.

One massive advantage which is given by the use of pre designed eBay templates is that it helps amateurs and people new to the eBay store business in launching a highly professional looking store within no time. The reuse of the same template times and again by simply just adding a new description, a new product photo and a new link to the auction list, is another additional benefit. One of the most liked features of using pre designed eBay template is that one can leave the other details to it along with the standard product details such as contact numbers, shipping links, etc. This in turn saves a lot of precious time that can then be utilized in other aspects of the business.

The template file can be read with any preferred HTML editor. Online as well as offline editors are available that help you in designing your design template. An added advantage of designing your auction list template offline is that you have a full control over your entire designing process. The options available online sometimes do not provide you with the product of high quality. Although they are time saving, but the end results are usually not up to the mark so preference is given to using an offline template designing editor in order to produce a product of high quality and standard that would help you boost your sales and attract more customer traffic by giving a better, elegant and professional look.

A numerous number of eBay auction sites are present and although there would be more than one eBay auction listing that would be using the same eBay template design, the chances of the potential buyer of seeing both at the same time has very minute chances of happening. The products presented by every eBay auction site are unique. The redesigned eBay templates give you the option of giving your products a professional look without the expenditure of a lot of time and also saving you the troubles of designing an eBay auction list from the very beginning. Apart from this there are companies that help you design and built your own customized designs, giving your store a personal touch and a separate identity. The pre designed ones should also have your own separate identity element in it to make it more attractive resulting in the attraction of more customer traffic and an increase in your sales.

Car Liquidation – What It Can Mean For You

There are two types of car liquidation: voluntary and compulsory. A voluntary liquidation is when a car dealership agrees to have their cars sold at a liquidation auction. There are several reasons why a voluntary car liquidation auction would take place. For one, if a business is struggling they may choose to auction off their merchandise early enough that they will be able to pay their debts before things get out of hand. An individual that owes for a vehicle may find themselves in a situation where they will not be able to finish paying for the car. In this case they may choose to voluntarily have their car sold at an auction in hopes of selling it for enough to pay off the loan.

A compulsory liquidation is when a business or individual is forced to participate in this auction. This type of car liquidation is usually court ordered, which means that they have no choice but to participate. For example, if a car dealership went out of business or filed for bankruptcy, then the cars would be liquidated and sold at an auction. Vehicles that are impounded or retrieved from criminals such as drug dealers are sold at car liquidation auctions.

What does a car liquidation auction mean for you? Why would it be beneficial to know when these auctions are taking place? The majority of these cars are in good running condition. Many of them have great warranties and they are being sold for a low price, which means great savings for anyone in the market for a new or used car. It would be easy for you to check the history of any of these cars that you have an interested in. All you need to do is have the VIN number to receive the history through Car Fax. Then you will have all the information you need to make a good decision about the car you want to buy. Basically, it means that you can get a good, dependable car at a really cheap price.

Storage Auctions – Myth Vs Reality

With so many eager bargain hunters flocking to their local storage facilities in hopes of chasing down priceless hidden treasures, it’s inevitable that some folks are going to have their hopes dashed as soon as the unit doors fly up and the only thing that greets them is trash bags and dirty clothes. Property managers all over the country have been struggling to manage an influx of bidders that have never even been to a storage facility before, as well as the jackpot expectations these newcomers bring with them. From a management perspective, there are positive and negative aspects to this flood of attention. More frequent incidences of property damage, arguments between inexperienced bidders and high volumes of calls from bargain hunters that have no intention of renting units are certainly irritations to managers and the facility owners.

On the plus side, the increased foot traffic and higher auction turnout is also converting into higher final prices for storage auction units. Small repossessed storage lockers that at one time might have sold for as little as $50 are now regularly bringing in upwards of $150. This trend is due almost exclusively to television shows like Storage Wars and Auction Hunters that are suggesting to viewers a far higher frequency of jackpot storage units than may actually exist. In the eyes of a property manager, foot traffic is always a good thing, since it means more exposure for the facility. Even if the auction hunters themselves do not rent any units, they may mention the facility to friends, thereby disseminating the brand and increasing the likelihood of future word-of-mouth referrals.

Many newcomers to the world of storage auctions wonder why these special sales even occur in the first place. The answer to this question actually dovetails with a number of conspiracy theories cropping up on the internet in print that suggest that delinquent storage unit auctions are entirely made-up; a mere product of a clever reality show ploy to secure viewers. The truth of the matter is that storage auctions have been around for a long time. They’re real. End of story. Auctioning off the contents of a delinquent unit is legal recourse of self storage properties that find themselves in a financial bind when a tenant abandons their belongings or simply refuses to pay their rent for months at a time.

What isn’t exactly true is that every repossessed storage unit you see sold by auction is going to produce diamonds, jewelry, antiques, heirlooms and collectibles to the tune of thousands upon thousands of dollars. This is just not the way it works. Briefly consider the logical progression of a storage unit auction in order to determine for yourself exactly how rare it is to find a storage unit with heaps of valuables and no junk:

First, someone rents a storage unit because they have belongings they prize highly enough to want to secure and retain them. They have to have sufficient money to cover the sign-up fees along with at least the first month’s rent. Some storage facilities require a cleaning deposit, and some facilities that do not offer month to month storage rentals require that the new tenant pay a few months in advance. This means that people who put valuables in storage not only had enough money to initially obtain those valuables, but they also have enough money to cover the start-up fees for their unit rental. We can conclude from this that, excepting some totally unforeseen disaster, most wealthy storage tenants are not going to become unwealthy enough quickly enough to lose their valuables to a public auction.

That’s not to say it doesn’t occur. There are innumerable scenarios that can see even the most organized and well-intentioned storage facility tenants unable to make contact with their property manager quickly enough to prevent their unit from going to auction. Sometimes people get stuck abroad and lose all contact info for their facility and eventually lose their will and ability to keep up with their payments. These kinds of scenarios are far more likely to produce the types of repossessed storage lockers that shows like Storage Wars and Auction Kings need to produce their episodes.

What does all of this mean for beginning storage unit pickers that want to get involved in the exciting world of storage auctions? Simply that success in this business depends on determination, patience and keeping your expectations in check. If you always go out planning to find your own private box of riches behind the next storage shed door, you will almost always end up disappointed. However, if you play smart, always buy low and resell everything you find inside via yard sales or online auction sites, you can and will turn a profit over time.

Dropship Business – SaleHoo Tips on Choosing a Dropshipping Product to Sell

Before you even think about finding a wholesale dropshipper for your online dropshipping business, the first thing you have to do is identify what product you are going to sell. Naturally, you would not consider renting a store space and having a grand opening when you do not even know what you will sell. Deciding upon a product to sell online can be difficult because of the wide range of products to choose from. However, making the wrong choice can be disastrous for your business.

To help you decide, you must research and find out what products have a large demand in the market. You can do this by checking out auction sites like eBay. You can also find out what items are in demand in online shops. Social sites and forums are also helpful in finding out what products are of interest to people and what they are talking about. You can also use Keyword Search Tools. This tool will help you identify top products or items that people search for online, and many of these tools are free.

You can conduct a very simple but effective survey by asking people around you what they would be interested in buying online. Ask your family and friends. You can even ask yourself what you would want to buy from the internet in the near future. Power sellers advise having a niche market or a unique product that you can specialize in. Ideally, this product should be something you are knowledgeable about, such as a hobby or craft. The advantage with a niche market or unique product is that you will have less competition and you can establish your market more easily and quickly.

Once you have decided upon a product, you must now find a suitable wholesale dropshipper to be your partner. SaleHoo is one of the reputable wholesale directories where you can find reliable suppliers. Many online retailers and eBay powersellers use SaleHoo to search for authentic wholesale suppliers. You must be aware that some middlemen pretend to be wholesalers when in fact they are not. It is therefore necessary for you to register your business and obtain a Business Tax ID Number, since authentic wholesalers and manufacturers will ask you for this.

If you can find a good wholesale dropshipper to supply the products that you want to sell, you will be able to work at establishing and promoting your business until it becomes successful.

The Auction Arbitrage Secret – A Review

The Auction Arbitrage Secret is not the first e-book to be produced on the subject of arbitrage selling using online auction sites. However, it does differ from some of the other books on the subject by the fact that it is written by someone who practices what he preaches and makes a good living following his own methods. Peter Bruckshaw buys and sells laptops, iPods, jewelry and many other products on eBay and obviously knows what he is writing about.

The term arbitrage was originally used in the financial world but more recently has also become associated with horse race betting on sites such as Betfair. It is now becoming popularly and sometimes incorrectly used to describe buying and selling on sites such as eBay. The basics of true arbitrage are where you get yourself in the position that you cannot possibly lose money on a transaction.

When anyone talks about arbitrage in respect of online auctions what they are talking about is buying at one low price and selling at another higher one. This is not true arbitrage because whenever you buy anything there is always a risk that you may not be able to sell it. However, having said that, the odds are very much in your favor that you will profit from this type of trading.

Peter maintains it is very easy to set up an auction arbitrage business as all that is required is obviously an eBay and PayPal accounts and a sniper software program which will make bids on your behalf just as the auction is closing. You will also require some capital to make your first few purchases. It is possible to purchase suitable arbitrage products both offline and from eBay or other online auction sites. In the Auction Arbitrage Secrets you are given a step by step example showing how he purchased a printer for £45 and then sold it on eBay for £127.

This 79 page e-book is full of useful advice for anyone wishing to operate in the same way as Peter. On the downside I do not believe that the method is true arbitrage or in fact a “secret”. People have been buying items and selling them for more than they paid for them since trading began. It is a well written e-book which is full of helpful advice and information which if followed could help anyone wanting to build a business selling products online.

How the "Profit Leverage Effect" Works When Using Reverse Auctions

The Profit Leverage Effect in purchasing tells us that if your organization must find ways to reduce or contain costs, the best place to start is in the Purchasing function. This is because a high percent of many organizations’ total costs are in purchased goods and services. When cost containment becomes a strategic necessity, whether due to reduced sales or revenues, high labor costs, or other factors, companies too often focus on cutting costs in areas such as labor and overhead rather than on purchasing. It is too often assumed that it is easier to implement job cuts than it is to reduce purchasing costs.

For example, as an industry average, 60% of all sales dollars are spent on purchased materials, and therefore, small changes in the cost of purchased materials result in large changes to profit. So if your business spends 10% of the revenues on labor and salaries and 25% on overhead, then your profit is an industry average of 5%. A five percent reduction in purchased costs will result in a three percent impact on net income ~ (.05 X 60% = 3%). This will boost your profits up to 8% from 5%, resulting in a 60% increase in profits. In conclusion, a 5% reduction in purchase costs will result in a 60% increase to profits.

Reducing your procurement costs will also help your company in a highly price competitive market. Your company most likely will be losing margin as lower prices are required to compete in your market. If you can reduce your purchasing costs, then you will be able to lower prices without losing your profit margin.

Fortunately, e-sourcing technologies like reverse auctions have become affordable, easy to implement, and are being used by mid-market and small organizations to control purchasing costs.

While reverse auctions cannot be used to procure everything, they can make a positive impact in the profitability of your company without implementing painful decisions.

You can visit eDynaQuote http://www.eDynaQuote.com for examples of reverse auctions that companies have been successful with.

Know Your eBay Fees And Charges And How They Will Affect Your Bottom Line

Depending on the country you live in eBay fees and charges will vary slightly.

Just like in traditional bricks & mortar businesses, you’ll need to keep a close eye on all eBay fees and charges because they will have a major affect on your overall profit margin.

One tip can be to use the starting prices shown and keep them just on the lower side of what you would like. For example, if you want to start your listing at $50, start it at $49.99 and save yourself $1.20 each time. Remember, every cent in your pocket increases your profits and helps you build a bigger eBay business.

Remember, just because you live in one country, doesn’t mean you can’t list your auctions in another. Many eBay sellers even run their whole business in an entirely different country than the one they live in.

As your business grows and you discover new niche markets you’d like to exploit, you may even want to create various Seller User ID’s and sell products all over the world.

No matter which eBay website you decide to list your items on, all fees will come back to the one payment source you establish when you sign up. This gives you lots of flexibility to run your business.

eBay Express

eBay Express is designed for shoppers who don’t particularly want to go through the auction format. At eBay Express shoppers can look for the items they’re interested in and purchase it immediately.

The added benefit of eBay Express is it has a Shopping Cart feature, allowing the shopper to buy multiple items, from different sellers, and complete the deal in one transaction.

The customer is also covered by free Buyer Protection on all transactions. This gives the customer added security and gives them confidence in shopping directly online.

To be included in eBay Express as a seller, currently it’s only available in the US and items can only be shipped within the US, so you need to have a base there or fulfilment services.

You also need to have a minimum of 100 feedbacks with a 98% Positive feedback rating. For your listing to appear, it must be a Buy It Now Auction, a Fixed Price Listing, or a Store Inventory listing.