Liz Pulliam Weston from MSN Money wrote another great article for MSN Money and also for us. Her article, “4 Real Jobs that you can do from home” is really a great article to read if you want to start a home base business or building your income from home. Here is the first job that she recommends to us:

“Online auctions
The largest online auction site, eBay says 724,000 of its 72 million users are “professional sellers” who report the site is a primary or secondary source of income. Another 1.5 million say they supplement their incomes with eBay sales.

Barb Webb of Newnan, Ga., outside Atlanta, started her online auction career a few years ago by selling household items she otherwise would have put in a garage sale. The former corporate executive branched out by looking for bargains at local retailers and then auctioning them off for a profit on the site. In her best year, she cleared over $10,000 — not enough to live on, perhaps, but not bad as a part-time job squeezed in between activities for her three kids, now ages 3, 5 and 16.

Auction sites have “how to” sections to familiarize beginners with the selling process, and a little research can help you determine the best way to market your offerings, said Webb, author of “The Mom’s Guide to Earning and Saving Thousands on the Internet.”

Sellers also need to be mindful of their reputations, since bad feedback from buyers can hurt future sales, she said. Staying organized, using truthful descriptions and shipping items promptly are essentially to a profitable auction business.

Webb also advises newbies to start slowly, particularly if they’re buying items with the intent to sell them at auction (rather than selling off what they already own). It can be easy to misjudge what people will want to buy, she said, while listing costs, the site’s commissions and buyers who don’t pay can eat into profits.

“The best way is to bank some (profits) and then reinvest some,” Webb said.”

Yeah, Liz Pulliam Weston is right. Starting an auction business in Ebay really a great idea as a part time job or business. One of my friend really make some profits from Ebay. I never try Ebay before, but what I learn from my friend is Ebay does have its potential for us to make money. The only problem is we must know the tricks on this because now the market trend is change, according to my friend.

Source : MSN Money

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