Increase Your Income Through International Trade – Online Auction
Increase Your Income Through International Trade
J. Stephen Pope
If you operate a small business, you may feel that your income potential is quite limited. However, you can increase and diversify your income through international trade.
1. Importing
Retail store owners can find additional products to sell from foreign manufacturers, distributors, and other suppliers.
Advantages of importing include increased product selection, lower costs, and increased income.
You may even decide to go exclusively into the import business and become a wholesale distributor.
2. Exporting
Manufacturers can find new customers for their products in foreign countries.
Perhaps consumers in your country have lost interest in your product. It may have become obsolete because of technological advances. A foreign market, however, may be desirous of that very product.
Maybe there is an economic slump in your country. Another country may be experiencing a boom. Sales from customers in that country may help stabilize your income.
Exporting can also help smooth the peaks and valleys of your income. For instance, if you sold winter sporting goods, you could sell to both northern and southern hemispheres to help offset the seasonal nature of your business.
Of course, you might also consider selling sporting goods for all the seasons and still export to other countries to increase and diversify your income.
You could also become an Export Management Agent. Arrange for other domestic companies to sell their products to foreign corporations and earn a ten percent commission.
You would think that selling to foreign customers would be quite risky. However, use of letters of credit can protect all parties. An Export Management Agent might actually arrange for ninety percent of the sale to be paid directly to the domestic supplier and ten percent to be paid directly to himself.
3. Licensing
Consider becoming a licensing agent. Earn royalties by arranging for foreign corporations to manufacture and sell the products of domestic companies.
To learn more about making money as a licensing agent, visit http://www.yenommarketinginc.com/licensing.html
4. Finder`s Fees
Imagine the possibilities for earning finder`s fees in international trade!
You can earn fees from domestic companies for finding foreign buyers or for finding suitable imports from foreign suppliers. You can also earn fees from foreign companies for finding domestic corporations that will buy their products or for finding suitable suppliers and products from domestic corporations.
To learn more about how to earn finder`s fees, visit http://www.yenommarketinginc.com/finder.html
5. Drop Shipping
Visualize receiving an order from a customer based in a foreign country and not having to be bothered with shipping and handling the product. No customs declarations or brokers are required by you. This is because your drop ship supplier is handling those details.
You might collect $100.00 plus shipping of $15.00 from your foreign customer. You then simply send your customer`s order to your drop ship supplier with your payment of $65.00 consisting of $50.00 wholesale cost plus $15.00 shipping. Your drop shipper will now fulfill the order. Congratulations! You just made fifty dollars.
To learn more about how to make money drop shipping, visit http://www.yenommarketinginc.com/dropship.html
6. Mail Order
Add a mail order service to your existing business operation. Manufacturers, retail stores, and other businesses can increase their sales by using this additional method of selling that is very conducive to international trade.
To learn more about mail order, visit http://www.yenommarketinginc.com/mailord.html
7. Internet Marketing
You can also extend your reach to worldwide customers by means of the Internet. Methods of obtaining foreign business include affiliate marketing, online auctions, online stores, and websites.
To learn more about Internet marketing, visit http://www.yenommarketinginc.com/netmrktg.html
Yes, to increase and diversify your income, consider international trade.
To learn more about international trade, visit http://www.yenommarketinginc.com/impexp.html
About The Author
J. Stephen Pope, President of Pope Consulting Inc., http://www.popeconsultinginc.com/ has been helping clients to earn maximum business profits for over twenty years.
For valuable Work at Home Small Business Ideas, visit: http://www.yenommarketinginc.com/
How To Make Money With Used Cars! – Online Auction
How To Make Money With Used Cars!
C.L. Spartalis
One of the most important purchases consumers make is a car. The average consumer purchases another car every several years. With the High Cost of new cars millions of people are opting to purchase affordable used cars.
There is a Massive opportunity to earn an excellent income. Help fill this high demand for quality used cars at affordable prices. When starting out you should focus on cars under the $4,000 range.
Do some research and find out what the most popular best selling cars in your area are. By staying in the lower price ranges with these popular vehicles you will be in a higher demand market since more people can afford these vehicles than higher priced more expensive cars, this will make it much easer to sell quickly for a profit.
You make your money when you buy, this is an important key to your success. You will need to pay wholesale price or below less the cost of any needed repairs, and other expenses ie: detailing, newspaper ads, etc. Once you know the wholesale price, less repair costs and expenses, you will know how much you can pay for a car. If you buy it right you wll be able to sell it at a profit and still give the buyer a great deal.
One of the most important things you can do to purchase a used cars at bargain prices is to do your homework. You should check your local classified ads and see what the asking price is for the type of vehicle that you are in the market for.
Make sure to get the high and low Blue Book and wholesale prices on the vehicle that you are interested in. Here are some excellent sources for getting pricing:
NADA GUIDES - www.nadaguides.com
KELLEY BLUE BOOK - www.kbb.com
EDMUNDS - www.edmunds.com
Other resources to check with is CARFAX. They can supply you with the vehicle history report. The National Highway Traffic Safety Administration has a research area to check recall history on cars. We recommend that you have the vehicle you are interested in purchasing be inspected by your own mechanic prior to purchase.
Newspaper Classified Ads are an excellent place to find cars at well below retail prices. Many of these people will be happy to sell their used cars for several hundred dollars more than what was quoted by the dealer and you will end up with an EXCELLENT BUY!
Online Auctions can be a great place to find bargains. You can shop right from the comfort of your own home. Look for auctions with no reserve, these auctions don
17 Ways to Determine if a Beanie Baby is Counterfeit – Online Auction
17 Ways to Determine if a Beanie Baby is Counterfeit
Barry Stein
You should always buy Ty Beanie Babies from reputable dealers or from sellers who you know how to contact. These dealers and sellers should also have many references and/or feedback from other people they have done business with.
Most counterfeit Beanie Babies are easy to spot if you know what to look for. If you dont know what to look for then you will probably have a hard time telling most counterfeit Beanie Babies from authentic Ty Beanie Babies.
Beanie Baby shows are a good place to check out expensive Beanie Babies. Try to handle them if you can. Get to know the feel of the fabric and their overall appearance.
Some counterfeits are excellent reproductions, but regardless of how good the counterfeits look, they usually have many mistakes. It is never just one mistake.
If you are buying expensive Beanie Babies, then you should educate yourself on the counterfeits or at least know where to find the information when you need it.
Here are two websites that have information on counterfeit Beanie Babies along with photographs of many of them:
About Beanies Counterfeit Information http://www.aboutbeanies.com/fakes/index.html
Ms. Janies Beanies Counterfeit Page http://www.msjanie.com/fakes/fake_page.html
Your other option is to have the Beanie Baby authenticated which is inexpensive to do. You can get your Beanie Babies authenticated at these websites:
http://www.pbbags.com/
http://www.peggyg.com/
Most of the mistakes on the counterfeits can be found on the tags. Become familiar with the different generation hang tags and tush tags or know where to look to find this information.
You can find information and photographs of all the different generation hang tags Ty has produced here: http://www.aboutbeanies.com/tags.html
Below are 17 ways to determine if a Beanie Baby is counterfeit:
Many of the counterfeits have spelling errors on the tags, but keep in mind that so do some of the authentic Ty Beanie Babies. So you usually have to look for other mistakes beside just this.
Check the tag dates and the addresses to make sure they are correct. Many of the counterfeits have the wrong date on the tush tag.
Compare the tags of the suspect Beanie Baby with the tags of another Ty Beanie Baby that you know to be authentic.
Is the type on the tags too light or too dark Is it the right typeface
Compare the tags to an authentic Ty Beanie Babys tags and determine if the tags are smaller or larger than the authentic tags.
Compare the stock color inside the hang tag to another hang tag. Is it too white Authentic tags have an off-white color.
Are the color of the hang tags identical Or does the red and yellow on the hang tag look muted or too light or too dark The hang tag should be blue red and not orange red.
The yellow star on the hang tag should be a bright sunshine yellow, not a mustard color.
Some of the counterfeit Beanie Babies have a yellow star on their hang tag that have points that are too "pointy." The points of authentic hang tag stars are slightly rounded.
Check the gold edge on the hang tag. It should have a nice clean line and be a light bright gold color. It shouldnt be brassy.
Check the overall size and shape of the Beanie. Some of the counterfeit Ty teddy bears have ears that are either too small or too large or perhaps the legs or arms are too short or are shaped strangely.
Is the teddy bears head too large or overstuffed
Check the eyes to see if they are too close together or too big or too small.
Are the eyes a solid color Some Beanie Baby eyes are a solid color and some are not. Humphrey the camel has solid black eyes but most of the counterfeit Humphrey have eyes that are two-tone.
Check the fabric and see if it is rough or if the color is too dark or too light.
Does the fabric nap look right Is the fabric rough, stiff or the wrong color
Most authentic Beanies have nice plush fabric that "flows" in all directions and doesnt get "wrinkly."
One place you should avoid buying expensive Beanie Babies that are not authenticated, is online auctions like eBay. Odds are that if you buy enough of these expensive Beanie Babies that are not authenticated, that you will eventually end up buying some that are counterfeit.
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About The Author
Barry Stein has been a Beanie Baby dealer since 1997. You can visit his website at http://BarrysBeanies.com/, where he sells Beanie Babies retail and wholesale.