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How to buy at auction, sell on Ebay and make thousands

by Saul Shackleford

Created on: August 23, 2007   Last Updated: August 24, 2007

Now I know what you are thinking! With a title like that this guy wants to sell me an ebook or a list of wholesalers and I'm going to waste twenty minutes of my life reading an article that is no more than a long winded advert for some crummy website. Let me set a few things straight

1. "Make $500 a day without doing any work" Ebooks are not worth the paper they are printed on, they are either tempters for some kind of multi level marketing system or involve a business model that is grossly flawed and will end up costing you money.

2. Buying lists of wholesalers and auction houses is a waste of money. This is information that you can find for yourself, however don't expect google to come up with them.

3. Dropshipping can be a sucessful business but don't expect to be competitive on ebay, you WILL need your own e-commerce site.

4. Anything involving sending money to Nigeria via Western Union is a bad idea (but you already knew that)

What I am going to tell you now is how you can supplement your income by obtaining goods cheaply and selling them on ebay, I don't want you to buy an ebook, all the information I have to offer is right here.

So how do I find out about auctions?

I'm sure you have seen secret government auctions and 10% of wholesale lists for sale before, well you need look no further than the classifieds in your local newspaper to find this info. Most auction houses place small ads when they have a sale coming up and generally there will be a web address in the advert so you can view the catalogue online. Secret government auctions do exist only there is nothing secret about them, they get listed in the small ads the same as the rest only the advert is more likely to read "sale of office equipment" than "secret government auction".

So you know what auctions are going on in your area, what now?

Next thing to do is find one you like the look of. Look at the catalogues online and see which ones are selling things you are interested in and more importantly are selling stuff you know about. Also look at what day the auction is being held, sales being held on weekdays during business hours will aways sell goods cheaper than sales at the weekend. Weekend sales always attract day trippers who push prices up and are best avoided. Sales that happen during the week generally attract only traders and business people who know the value of what they are bidding on (though this isn't always the case) and you are far more likely to make money from these sales.

Before you even

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