Mining Gold From Ebay

Internet auctions started as a hobby for a few computer people in the San Francisco area to have a “virtual swap meet” and get rid of some things they had, and find some things they wanted. In just ten years, this fun little idea has become a multi-billion-dollar enterprise and a global phenomenon, and amazingly, presents one of the best low-risk opportunities in history to start or grow a business! The potential is unlimited and still growing. Online auctions generate very high revenues for sellers and often, good deals for buyers, and the transaction costs are usually reasonable (we’ll help you keep them down a little later). The best part about this is that the marketplace is open to everyone. You can read this report today and be selling your old junk on eBay for profit tonight…but selling your old junk is only the beginning.

4 Making Money the eBay Wa Recently, online auctions have been in the news for less optimistic reasons like scams and fraud. For the same reasons eBay enables speed, anonymity and a global marketplace to honest buyers and sellers, it also provides opportunities for the behavior of less honest members of the community, in particular, credit card scams in certain Third World locations. However, there are many millions of auctions every day, and like the majority of any community, the vast majority of these auctions are run fairly and more importantly, they are making the sellers a tremendous amount of money. Where there is opportunity there is risk. We’ll help you understand both, to maximize one and avoid the other