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AUCTION WEBSITES

- Online auctions and dropshippers are a great way to save money and to earn money. The ones I describe here are completely safe to use provided you follow the guidelines, terms and conditions of each site. They are also cheap to use, although they do charge a small fee. However, the fees are clearly explained and there are no hidden charges, so you can easily work out your profit or purchase costs. You also have the assurance that the seller will send you your items as stated or that the buyer will give you swift and safe payment.


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  • Online Auction Sites


    SwapitShop is the cool trading site for children and teenagers where you can get the things you want, like CDs, Playstation games, posters, trading cards, fashion items, books, collectables, gadgets, toys and DVDs!
    You use 'Swapits', the virtual currency, so that you can trade without using real money. You can collect Swapits at SwapitShop, online from other cool websites and from your favourite products. Once you've signed up at SwapitShop for free, you'll get your own swap account so that you can manage your swaps and offers. You can trade a huge range of items across 10 zones: BookShop, CardTrader, CollectorsLot, GadgetRoom, GamesArcade, MusicSpace, SportsClub, StyleScene, ToyBox and VideoStore. They've also got loads of wicked competitions and auction frenzies where you can get the latest games, gadgets and toys! And it's safe and confidential. You use a nickname to swap online and send your items to SwapitShop! SwapitShop is the shop that never closes, where the best deals and latest stuff is at! Use your Swapits to get what you want, when you want! Now all you need to do is sign up and get swapping!



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    Play Trader


    Play Trader from www.play.com is an alternative to auction websites like Amazon and Ebay. Play Trader allows you to sell CDs, DVDs, computer games and books. Unlike other auction websites play.com charge the buyer the commission fees meaning the seller can make more of a profit. Registering is free at the play website and the easiest way to list an item at Play Trader is to search for the item using the Play search box. Once on the description page there is a clickable link to list your item for sale at Play Trader which says Sell yours here!

    Then all you have to do is follow the on screen instructions such as describing the state of the item for sale, giving a description of the condition of the item and where you want to send the item. This can be just throughout the UK or UK and Europe or just Europe.

    You will need to open a free Play account and choose a nickname. If you are a serious Play Trader then you may wish to choose a sensible nickname that buyers with trust rather than a daft or funny name. If you run a website or company you may want to use this name to provide reassurance and trust with the customer and give you free advertising. Payment by Play Trader is via Paypal and if you give Paypal your bank details you can transfer this to your bank. It is worth saving this up to £50 because the bank transfer will then be free.

    Once you have sold your item through Play Trader you will be expected to send the item or items within one or two working days so that the Play Trader buyer will receive it within four working days. Unlike auction websites like Amazon.co.uk that gives you and the buyer the estimated costs of posting, the Play web site ask the seller to calculate this charge. Play Trader do give estimates for the price of the item along with the Play.com price for a new item. These help you estimate what to charge a potential customer so that they get a good deal and you get a good price for the tem you are selling at Play Trader.

    A unique feature at Play Trader is the ability to use a reference code. This is ideal if you are selling multiple items and want to track or manage their sales, a particularly useful feature for traders.


    Reverse Auction Internet Sites


    Reverse auction internet websites allow you to make unique bids for items such as cars and plasma TV's and even cash prizes worth up to £100,000. You bid an amount that you think the prize will go for - this bid amount is unique and no-one else can bid this amount. If the prize goes for this lowest amount - it's yours! More information and to claim three free bids.



    Book Auction Website

    Abebooks specialise in selling out of stock/print books. You can sell your books with them. They list many book shops worldwide, so you're bound to find the book you're looking for. If you purchase several books from the same seller you get reduced postage and packing costs.



    Computer Auction Website

    Morgan Auctions sell a wide range of overstock, refurbished and second user computer equipment. All goods are sold without reserve and All bids start at £1.



    Ebay is excellent for selling items of value at auction. For example many competition winners will sell signed items such as books. Ebay is the perfect place to sell: you can set the reserved price (particularly handy for when you want an enticing starting bid of 1pence), the posting costs (you decide whether the buyer or yourself will pay this) and the starting bid. As with both auction sites the fun is watching your bids rise. If you are buying it is worth staying up to put in a late bid - you may get a bargain this way or use the loafing way to bid: you can get ebay to bid automatically for you by setting your maximum amount you wish to bid and whenever someone bids ebay will out bid them for you. As with all items you bid for you get notified by e-mail (if you set this as one of your preferences) when you've been outbid.



    Amazon Marketplace

    Amazon Marketplace is so easy to use and clearly laid out. I often buy goods, especially used and rare books or CD's from Amazon. I also sell my used books and unwanted competition winnings there. Buying and selling is so easy to do and Amazon MarketPlace provide easy steps in the procedure. You will have to register your credit card details at their secure site. This is a security precaution to safeguard against fraud. The benefit of this is that Amazon acts as an intermediary between the buyers and sellers, so your money is completely safe in your Amazon account. When selling you must post the items within two days as the buyer will have paid Amazon immediately for the goods. Amazon will state the postage costs to both buyer and seller, and normally the buyer pays this. There is a sliding scale depending on where in the world it is to be sent.



    QXL is an online auction platform, which enables individuals and small businesses to buy and sell all types of products and services online in an easy, efficient and safe environment.



    Another ideal way to get and manage stock without pre-paying nor holding it is by drop shipping. There is an explanation and more detailed information on the drop shipping page.


    Make Money At Online Auctions

    There are some other tips to make money at online auctions and this section will describes some free tools and web sites that help.

    eBay Pulse will give you access to information about current selling trends. This info includes the most popular eBay searches, most watched items, hotest deals under £20 and the busiest eBay shops. By studying these you can assess what items are hot sellers at eBay and if you can sell such items for profit.

    Another useful eBay tool and section is the eBay wholesale site where users can buy wholesale items in quantity. These items can then be sold in your own auctions and online stores for profit. The eBay wholesale site includes lots from auction houses throughout the UK and worldwide. These are divided into sections like books, comic, magazines, art, jewellery, watches, clothes, collectables, household items, home and garden and also mixed lots which will give you a broad range of items to resell.

    Another eBay tip that sees many people buy items really cheaply which they resell for more money at a later date is to check for spelling mistakes at auctions and listings. These tend not to be searched for adequately and so attract fewer bids meaning you can buy lots at cheaper prices. There are various tools and websites that will help you quickly and easily find types of lots and specific items that have been misspelled or miss placed. These include www.fatfingers.co.uk. Fatfingers has the added advantage of a search facility where you type in your key word and they will give you common spelling mistakes and a range of auction sites like ebid, QXL and Google auctions. So for example typing in Harry Potter gives over 20 results which include Jarry Potter, Garry Potter, Hsrry Potter and Harry Pptter.




    eBay Toolbar

    There are many other eBay tools that will help you earn from auctions. These include the eBay toolbar that will sit on your PC or laptop desktop and help you watch items of interest or that you are bidding on. This allows you to get on with other work whilst still keeping an eye on your bids or watching how well other auctioneers are doing.


    Turbo Lister

    Turbo Lister is a great eBay tool that will save you lots of time if you list lots of auction items or list items in bulk. Another advantage of the Turbo Lister is that it can easily improve the look of your online auctions and make your listings more eye catching and easy to read.


    PricePirates

    Pricepirates have a fantastic tool that allows you to compare prices on different items that are for sale at eBay with what you can expect to pay at a high street store or online shop. This prevents you over spending at auctions and getting a better deal than in shops and stores.


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