Learn How To Make $72 per hour
Selling PART TIME at Online Auctions
Step 1: DECIDE WHAT TO SELL
There are several items you may want to sell.
1. Items that are lying around your house,
like old records, old toys, dust collector nick nacks you're
tried of, old clothes, tools etc.. The things you may have that
you would sell at a garage sale. These things are a one time
sale item, meaning once they are sold. This won't create an
ongoing business, but it will clean out your garage.
2. Items that you sell should be a set
of products that you create or buy. Try things like your favorite
family recipe secrets. These you can sell over and over any
for your cost of priniting it.
You can sell bulk items you purchase at a discount
or wholesale like Beanie Babies, designer Sheets, Art etc..
These are the items that you can sell in quantity. There are
a lot of collectibles that are widely available in certain areas
that are not readily’t available worldwide. These can be sports
figures, dolls, clocks, jeans, trading cards,etc. Anything that
you can buy and sell at a hugh profit.
3. Thrift Store items. You would be surprised
that thrift stores often have many designer items. Things like
St. John Knits, Coach Bags, Armanni Suits etc.. These items
can be purchase for under $20 and they sell for an average of
$70 at auction. Remember one mans junk is another mans treasure.
You will have to be a devoted shopper for this approach, however,
if you like to shop, this can be a fun way to make big money.
Step 2: HOW TO DECIDE WHAT TO SELL
How do you decide what types of items that you
want to sell? THERE'S ONE RULE. Sell what you know. If
you don't know anything, learn something. Use our RESEARCH
LINKS to learn an area of expertise and focus on it or sell
something that you can make yourself. Locate wholesale
and closeout items you can sell.
LOOK FOR ITEMS THAT ARE SELLING. One of
the things to do is search the auction web sites for collectables
or items that are getting lots of bidding action at that particular
time.
Step 3: Once You Decide:
Here's a strategy
WITH JUST 2 Hrs/day and our tools
Make $54,000 per year selling PART TIME on Online Auctions:
1. Set up an inital budget or sell items
you have in the garage, you never use to establish a budget
base. Try a $100 investment.
2. Purchase the items to sell using that
budget. Your items need to bring four the purchase value. (
Buy you item for $20, and Sell it for an average of $80. Items
selling an average for under a $100 will be the most successful
at online auctions.
3. Once the auctions have closed. Use your
profit to:
4. Do this for 7 weeks.At this point your
cash flow is about at a 50% reinvested level.
5. On the 8th week. Stick with selling
29 items per week.
(Note: the lower the item cost, the more items you need to sell.
95 per week is a reasonable work load.)
All
this will require a time investment of about 2 hours per day.
You time will yield you a $72 per hour rate. How much do you
currently make per hour?
Here's a table of how your income could grow
using this Model.
|
Model:
Profit margin 400% , Item Cost $20, Item sell $80
avg. per item
|
| |
Re-invest
$
|
# Items
to Sell
|
Profit $
|
Save $
|
|
Week #
|
| $ 100 Initial Investment |
$100
$150
$205
$297
$411
$594
$594
|
5
7
10
14
20
29
29
|
$300
$410
$595
$822.5
$1188.75
$1725.625
$1725.625
|
$150
$205
$297.5
$411.25
$594.375
$1131.25
$1131.25
|
|
1
2
3
4
5
6
7-52
|
| Total |
|
|
|
$54,827
|
|
|
|
In 12 Months you'll
have $54,827 CLEAR PROFIT
THESE NUMBERS ARE ESTIMATES
|
Note:
Using our
tools,
This should take less than 14 hours per week including
your time to take the digital images for your items.
Use Our Donation Based
Services - Suggested donation $3.99/mo.
Or
Use Our Member Only Service $6.99/mo
Be in touch with bidders using any computer
Collect bidder leads with our hosted Bidder Mail Form
Maintain your own personal permanent file storage
No maintenance 60 unlimited AD image Storage
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