Working from home can be a very rewarding enterprise freeing you from a daily commute and the need to answer to anyone other than yourself. If you do any research you will find that there are many different ways of making money online.
One of the most popular is auction work at home, as of now close to a million people are making their living through eBay and drop shipping. These opportunities are quickly changing the way commerce is done over the net and offline since there is no need for a traditional business infrastructure.
However there are a few things that you need to know to ensure your success with work at home auctions. The first step is product selection, this is critical as it will determine the entire course of your business and if you pick the wrong products you'll end up with no sales, wasted time, and wasted advertising dollars.
One way to avoid this is by using the eBay Pulse tool which shows you the most searched items in any given category. By starting from this point you will save yourself time and effort and will know what the market is hungry for, product wise.
Once you have done your research on the items you want to auction at home the next step is to find a wholesaler or drop shipper. Wholesalers will sell you products at wholesale prices when you buy in volume. Even if you get a great price sometimes the down side of working with a wholesaler is that you have to store the products and ship them out when they are sold on the auction site.
A better option is to work with a drop shipper. These are companies who will store and ship your products after the sale is complete. This way you don't have to deal with any of the hassles involved in shipping and storing products. As soon as your auction goes through your drop shipper will process the order and ship the product for you.
The upside is that you don't have to spend money before you make it, however a downside is that for some things you will not know about the quality of the products your selling, so you might want to request a sample if possible otherwise you might be facing high returns on your auctions by selling a poorly put together item.
Another important thing to remember when starting a work at home auction is to research any drop shipper or wholesaler thoroughly before you enter in a business partnership with them. There are many horror stories about companies who take your money upfront but don't deliver any products, or have horrible customer service, and so on. The point is that if you take a little bit of time to search for customer reviews you will do yourself a great service.
All in all auction work at home can be very rewarding and profitable if done right. You should invest some time in researching items and various strategies then jump right in with your first auction listing.
