The Background of Education – Students and Teachers

In most countries, education is divided into main three parts: primary school, high school and college or university. Education is a process of learning new things in life. Education includes new knowledge and skills. The basic of education is reading, writing, calculating, speaking and listening.

There are two types of education. The first is formal education and the second one is informal education. Formal education means a student is needed to go to an educational institution and achieve good result during the end of the education processes. Informal education means new knowledge is being taught throughout a person’s life. This includes knowledge, skills and values taught by parent or other people except from teachers or lecturers. The examples of values are obedience, honesty and fairness. It is being taught everywhere, every time. It is usually being taught from one generation to another generation. They can use it during their daily life.

A student is referred to a person who pursues his or her education in all walks of life. Anyone who is studying in a particular of time is called a student. This is regardless of age. There are two types of students that is a full time or a part time student. A full time student is a person who is studying on a full time basis. The main occupation is as a student. A part time student is a person who takes studies as a part time occupation. They normally have a job in the same time. This includes studying at a night school taking an English course.

Students need to understand the knowledge given to them. They are later assessed by exams or tests. Exams and tests are being done to test the understanding of students.

There are many types of names we refer to a person who is giving education. For example, a teacher for primary and high school, a lecturer or professor in college and many other more. The main responsibility of a teacher or lecturer is to assist student in the studies. They are paid for their services. Therefore they should teach students sincerely and patiently.

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How to Start Any Free Home Based Business Income Online – Start With Niche Research

Make Money Online – but no “Niche”?

The internet sees thousand of newcomers every day. People just like you and me who have heard of the many opportunities to make additional income from home on the internet.

Despite all the hype and misguiding assurances, making money with a home based online business is no different to any other venture.

you have to know what you want to do online and if,
you do not know, find out,
but do not buy the first money-making scheme that crosses your inbox.

Most newcomers to the internet end up spending a bundle of cash on money programs without ever understanding the basic concepts of online businesses and how money is made online.

For starters, one of the most overlooked and misunderstood aspect is that of a “niche market”.

To state that a “niche ” is the “goose that lays the golden egg” is very apt with online marketing.

But what is a Niche Market and Niche Marketing?

In essence niche marketing is nothing more than knowing what specific sub-market you are going to target, within a larger specific market, like the health niche.

Even If you decide to target the weight loss niche, there is many hundreds of ways searchers type in questions relating to weight loss problems, such as

Adolescent weight problems
Lose weight after child birth
How to lose weight
Weight loss and chronic medication
How to lose weight after vacation, etc,etc

So from the examples above, a niche is a group of people with a common problem or questions they want resolved.

Niche Market, Keyword Phrase, Targeted Keyword

We can replace the word “Niche” with “specific searchers” and retain the focus on our target market. You see a particular niche group of people who have a weight problem after childbirth, may type in a search phrase or keyword” How to lose weight after childbirth”.

With internet marketing or selling online,

a niche market,
keyword or
targeted keyword

become one and the same thing for the marketer. It is the golden thread that distinguishes and defines what market I want to address and may determine how I need to approach it.

When people have a problem or question, they have many variations on how they express that problem, meaning their search phrase or words.

What are the characteristics of a viable Niche market?

As we are discussing online business opportunities and related niches, there are 2 very important aspects relating to any niche we wish to target.

The volume of free traffic relating to a niche. If we decide to target “overweight issues for men over 80″ we may not find many searches for that term. However, low traffic does not necessary mean it is not viable. (Sounds a bit confusing…) We have to view that in the light of the next aspect.
The commercial viability of a given niche or keyword. Is it a buyer “keyword”? Can we determine what the searchers intent is with the search phrase?

Typically a search term ‘lose weight fast after childbirth” have all the makings of a commercial and viable niche. On the other hand it may be tempting to target that niche with high search volume. Your problem is that there are already many millions of competing web pages that are targeting that niche.

Determine your niche and interest before you buy the next online money program.

There are many ways to make money on the internet and affiliate marketing is a great way for newcomers to hone their skills in online marketing and start a home based business.

Very popular niches that attracts many thousands of searchers every day is the

home income business, and the
health market segment (weight, acne, yeast infection, etc).

Now that sounds pretty straight forward. But do not be fooled. These two markets comprise many thousands of submarkets, or niches with as many million competing web pages.

There are many free tools available to provide some insight into niche markets of which Google AdWord-KeyWordTool is the most prominent. In addition there are quite a few professional online research tools available that have trail versions that you may use to find your niche.

Buying a ready- made program only means success to the creator and not the buyer.

Niche research is but one component (although the most important)
It is essential to have a basic understanding of all the various components and processes involved when you are planning a online home based business.

Before you entertain any hopes of sustained and long term success online,

invest in knowledge and not programs.
Decide what you want to do and where your passion or special interest lies.

Find the niche, then find the product (or decide how you are going to exploit that niche).

Educating yourself with internet marketing basics should be your first priority.

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What Are the Different Options to Generate Leads For Online Home Based Businesses?

The success of your online home based business depends largely on your marketing and promotional efforts and how effectively you can generate leads for your business. Hence let us check the different options available for you to generate leads for you for your online home based business for better profits and growth.Network Marketing ForumsThese are generally free for you to submit your articles, and are very specific regarding the members they have. For example, there will be separate forums for cookery classes and gardening. Hence, if you are selling cookbooks, posting your articles on one such free cookery class forums will be a great way to attract more prospects. Moreover, it won’t cost you any money!Emails, Websites and BlogsUse these online tools for free and get the best results. You can spread your promotional material online over a wide audience range for free by simply emailing them. Moreover, use a proper signature for your emails which contains details about your company, websites, contact details, products, etc to make it a great advertising content.You can even submit your content in various blogs for free and provide a link to your website in the blog. The content should be attractive enough to get the visitors interested to check your company out.Moreover, provide benefits to existing customers like special offers, user accounts, member’s area and member’s discounts, subscription to monthly newsletters and mails, etc. These make the customers come back to you every time they need the products and services your business provides.It also helps to build a brand name and customer loyalty. Existing customers will refer your business to other prospects and help in generating leads for your online home based business.Word Of MouthSpread the word amongst family, friends, acquaintances and colleagues about your online home based business and the products. This is a great way to spread the word fast. By adopting these simple and inexpensive methods, you can generate a good amount of lead for your online home based business and see your profits soar and your business grow!This article may be freely reprinted or distributed in it’s entirely in any e-zine, newsletter, blog, or website as long as the resource box remains intact.

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Starting a Home Based Business

A big number of the working class people do not like what they are doing. In fact most of us are in our careers because of circumstances. We may have had to pursue our respective careers because of peer pressure or to keep up a family tradition. Due to the fact that we spend almost half of our lives working, it is very important that we love our jobs. It is a pity that most of us do not like what we do and we force ourselves to settle in the careers that we have because we need to pay the bills and send our children to school.To the few that actually have the guts to change careers midway, it all starts with asking yourself some questions and answering them as truthfully as possible. Do you love your job? Is it pleasurable to do what you do? If it is drudgery, then you are wasting your life. Find your passion and do what you want to do. It’s all about you anyway, and not anybody else. Here are some reasons why I think you should make that call to your boss and quit to start your own home based businessStudies show that apart from working and sleeping, we spend most of our time commuting to and from our workplaces. By working on a home based business, you can slash that time by a considerable margin and spend it on your home based business. You will be relieved to find out that you do not have to contend with the noisy traffic everyday and the traffic jams. The availability of the internet has made our lives bliss. You can just wake up and start working on your computer, or whatever your business is. You do not even have to leave your bed.One thing entrepreneurs really hate is working for somebody. In the years that the do that, they are not motivated to work at all simply because they are not the ones banking the big bucks at the end of the day. No matter how much work you for your boss, you make the same amount of money at the end of the week. A home based business is a real chance for you to call the shots and decide for yourself when to work and when to report to your ‘office’. You are free to set your own targets and nobody is going to fire you if you do not achieve them. You have to be much disciplined though. This is not a carte blanche to waste your time because there is no hawk-eyed boss looking around. Remember, you have to work real hard in this home based business if you want to succeed.An online home based business is one of the easiest businesses to start as you do not need a huge capital. A home based business frees you and you will be able to spend your time with your children and raise them by yourself. You will have saved yourself daycare fees and babysitter fees at the same time

Starting a Home Based Businesses – How to Make REAL Profits and Live Your Dream From Home

Most folks I talk to who are thinking about starting a business they can run from home fall into two categories:o the ones that think all home businesses are scams,
o and the ones who think they’re going to get rich overnight.I guess when I started investigating a home business of my own,I had mixed feelings about the issue. I wanted it to be easy. I wanted to believe all the stories of people who were living out of their car one day and vacationing on their own yacht six months later.There ARE Some BIG Successes Out There…And believe me, those kinds of successes are out there. I’ve met them. Oh, maybe not the living out of their cars part, although I’ve talked several times to a network marketing guru who claims that’s where she got started. But there are certainly real stories about real people making real money from home. The problem is, well, more people fail than get rich. And the overnight millionaires are the exception to the rule, even among the successful ones.So what are we to think? If more people fail than succeed, does that mean home businesses are simply traps for the naïve and desperate? Or worse yet, outright scams?You Can Just Dream . . . or You Can Act to Achieve Your Dream!It depends on how you feel about the so-called “American Dream.” If you believe dreams are only for the naïve and desperate, then you would be foolish to take a substantial financial risk to pursue your dreams. But if you believe all successful people began with a dream, then dreams are not lightly to be ignored.A Japanese proverb that I love says: “Dreaming without action is but a Daydream.”So, is there a dream that you’ve always had and have desperately wanted?What have you done to achieve it?Or have you sat there on your hands just dreaming? Just waiting for success to come to you?The Scams Are Out There, But You Can Avoid ThemMy point is not that there are no scams in the home business industry. Of course there are. Anytime someone promises you that they can sell you a system that takes care of all the hard stuff, like finding prospects aching to buy what you’re selling, delivering them to your doorstep (or desk top) with credit card in hand, and converting them into sales with little or no involvement from you, it’s time to put away the check book and move along to the next idea.But many people make the mistake of equating unsuccessful home businesses with scams. So, they conclude, if a lot of home businesses fail, they must all be scams.I disagree. There are many reasons you can lose your money in a home based business, and many reasons you can succeed. But most of the failures have nothing to do with scams. Actually, the percentage of home based businesses that fail tracks pretty closely with the percentage of all small businesses that fail.To avoid being one of those that fail you must not make the same mistakes that most of them do. Most small business owners make the same mistakes–fall into the same bear traps–from lack of knowledge. That is to say, they don’t know what they don’t know. They don’t know a mistake until they make it. Getting the right knowledge along with the right business and the right people helping you can go a long way toward avoiding mistakes and assuring your success.The Dirty Little Secret …The dirty little secret is that the things which lead to success (or failure) in a home based business aren’t any secret. They’re the same things that lead to success (or failure) in any business. In no particular order, they include clear-headed goal setting, careful researching of the market to find profitable trends and business sectors, and evaluating the strengths and weaknesses of businesses which can serve as useful vehicles for taking advantage of those trends and sectors. Organizational skills, passion, and commitment don’t hurt either.If these are traits or abilities you do not have. Do NOT risk any substantial portion of your assets on a home based business-or any other business for that matter.The Single Most Important Key to Success in Your Home BusinessIt is not my purpose here to give you the “10 Most Important Secrets to Success in a Home Business,” or the “8 Steps You Must Take to Generate Incredible Wealth from Home,” You can find a hundred articles with various formulas or lists of that sort.But I will give you the one suggestion that I think is critical to creating real wealth for yourself in any new business, and particularly in a home-based business, where the usual “social network” present in the normal business may be absent, it would be to get yourself a good mentor or coach.I would submit that, of those home businesses which do fail, most fail simply because they don’t find their way before they use up all of their money on all of their mistakes. Based on my own experience, I would strongly recommend that you spend as much time to find the right person to coach you as you would to find the right business. If you can’t find a coach, see if you can find someone in the same business, or same kind of business to, mentor you.That is one real advantage to a good MLM or Network Marketing Business. Despite what you may have heard or read, there are many soundMLM’s, big and small, old and new, with solid reputations and solid products. (If you are thinking about a Network Marketing Business, read Richard Poe’s excellent book “Wave 4: Network Marketing for the 21st Century” (Prima Publishing 1999)).When Looking for an MLM, Find One with a Strong UplineIf you are interested in an MLM, look for one with a strong upline, i.e. an upline with successful and highly motivated individuals willing and able to mentor you in the tools and techniques necessary for your own success. If you can find and afford a good coach, by all means get one. If not, or if you prefer a less expensive and perhaps more personal alternative, a good mentor can certainly get you to the same place.But don’t try to go it on your own. I don’t think it an exaggeration to say that every wealthy and highly successful home business person I know at some point learned his or her business under a truly good coach or mentor. There is another favorite saying of mine:o Some people don’t learn from their mistakes.
o Smart people do learn from their mistakes.
o Successful people learn from the mistakes of other people.The best way to learn from other people’s mistakes is to work with a good coach or mentor. In the world of MLM’s, that means finding an opportunity with a strong, experienced upline.These folks know what those mistakes are, and how you can avoid them.That, more than anything else you can do, will ensure your own success, and provide you the surest and shortest path to real profits, and ultimately real wealth.

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7 Tips for Flipping Properties in Today’s Market

When it comes to real estate investing, many people are making money right now by flipping properties. Sure, today’s market is not the greatest at this point in time, but despite of home prices that are falling and the housing boom that is now over in some areas, this is a prime time for flipping properties. Of course if you plan on getting involved in flipping properties there are many things that you are going to have to take into consideration. While it may sound quite simple, there is quite a bit to learn if you are going to try to be successful at flipping properties, so the following are several tips that will help you with flipping properties in today’s market.Tip #1 – Understanding the Concept of Flipping Vs. Speculating – First of all, if you want to start getting involved in flipping properties, it is important that you understand the difference between flipping and speculating. Speculators are essentially real estate amateurs who are usually not consistently successful. They count on theory that there is always a “bigger fool”; someone who will come along and purchase the property for more than what they paid for it. Flipping involves a totally different approach. People who flip properties are more conservative and they are more likely to be successful, no matter what the market looks like.Tip #2 – Getting started – Now you need to know how to get started flipping properties. Basically flipping properties involves getting the property for a low price and then within a short period of time, selling the property for a price that is much higher. Property flipping is a great investment; however, it is important that you make careful plans. If you are new to flipping, you will probably want to work with a seasoned real estate agent, who can help you understand more about the current market trends and conditions. Having a good agent on your side can help you locate a great property and they can also help you figure out what it would cost to fix up the home so you can get the best amount of profit whether doing the work yourself or flipping it to another investor who will fix it up for profit. You have to make sure there is enough room in the deal for a profit once the entire repair costs & other holding costs such as mortgage, insurance, and taxes are figured in. Even if you reselling the property to another investor who will then fix it up, the investor will only be interested in buying if there is a margin for profit on their end.Tip #3 – Advance Planning – Of course advance planning is very important when it comes to flipping properties in today’s market. You’ll want to make sure that you know what you are actually getting into. Plan ahead as to what types of properties you want to flip, who you want to renovate them, and other important details. Also, before you get the property, make sure that you have it inspected. Not having the property inspected could lead to heavy losses, so be sure that you have an experienced inspector look the property over carefully.Tip #4 – Finding a Flip – Finding a flip is the hard part. When it comes to flipping properties and there are a variety of key phrases that buyers look for when they are looking for the right properties. Some of the phrases hat they look for include listings that have phrases like “needs work,” “must sell,” “motivated seller,” and “vacant.” Many flippers take a close look at properties that are being foreclosed on as well. Usually banks are trying to get what they can for these properties, so flippers can get them for a good deal.Tip #5 – Getting a Loan – Getting a loan is important as well when you are involved in flipping properties. However, when it comes to getting a loan, there are many mortgage companies that are a bit leery of giving out loans on a flip because of various scams that have been used in the past. When you try to get a loan on a flip, you will need to check into the requirements. Some companies may make you wait 3-6 months before selling the property; however, in some cases you may be able to sell a flip sooner if you can prove that your property has increased in value. There are also private lenders that are willing to give loans on flip properties as well; however, they may charge higher interest rates.Tip #6 – Fixing up a Flip – Once you have acquired a flip property you are then going to have to work on fixing it up. You will need to take a look at the property and then figure out the level of upgrading that the property you have chose warrants. It is not prudent to put in upgrades that will only be a wasted investment. Be sure to do the best job possible; however, remember that there are some improvements that will not increase the value of your property. Be sure that you make the improvements that are needed to bring the property you have up to the same condition of the other properties in the area so you will have no problems selling it. A good realtor can give you great advise on the type of work to do and the type of work not to do to get the most profit out of each property.Tip #7 – Selling a Flip – When you are selling a flip it may be tempting to do it on your own; however, in most housing markets it is best to have a professional real estate agent help you sell the property. You will need to know the current market that you are dealing with and you will also need to be sure that your property is priced right. Setting the wrong price in the beginning can really hurt you, even if you lower the price later, so be sure that you get the price right the first time. Also, a real estate agent can give your property the exposure it needs to sell quickly, saving you a bundle on holding costs.Flipping properties is a great way to make money; however, it takes some work and knowledge. It will take hard work and planning to build up your wealth, but if you are willing to do the work needed, you can definitely be successful in this field of real estate investing.

Arguments Against Commercial Property Management

If you are in the business of commercial property management or are considering hiring one, you should know about the arguments against commercial property management. Many property owners choose to do it themselves in order to save money. However, there are drawbacks to this. Other drawbacks include:

o How much time the owner has to spend
o How choosing not to lease someone can be seen as a reason to take legal action
o Having all of the tools needed such as background checks, credit checks, and eviction forms
o The cost of staff not being cost effective

Cost-effectiveness With Staff

One of the ways that a property management company saves money is by having multiple clients and properties. Basically, it is cheaper to have one cleaning employee that services 10 buildings than a single employee that services one building. This cost is passed on to the property owner. Cleaning is not the only staff position that you will need to have a successful business. You’ll also need someone to always answer the phones 24/7. In addition to day to day operations, you’ll also need a lawyer and an accountant. As you can see, having a single property that you manage your self is going to cost you a lot more money than hiring a property manager.

Understanding Fees

For many of us, our time is valuable. An important question to ask is – how much is your time worth? Is your time worth $9.00 per hour? If it is, then you are going to be happy being the sole employee of a commercial property. However, if you are worth more than that per hour, you may find a commercial property management company is reasonable. The company will help you to determine the rent amount that you will charge based on their fees. Typically, they are between 5% and 50% depending on the area of the country. Of course, this is heavily dependent upon services that they offer.

Avoiding Getting Sued

Depending on what part of the country you live in, your ability to get sued can be very easy. For example, you may think that it is much easier to avoid spending extra money to get a commercial property management company for your property. However, commercial property management companies provide a buffer between you and the tenant. This can be extremely important if they decide to sue. This way, the courts cannot take away all of your personal property. If the court has a private citizen before them, this is their option. If they have a CPM firm between you and the tenant, then they will find the CPM firm liable. Most states will only charge a small fine to a CPM firm for violations.

Avoiding Being Sued For Discrimination

Not everyone is on honest. There are people who make all of their money by suing others. They look for the perfect opportunity when someone has their guard down to take advantage. One of the key ways that is very profitable is to manipulate local laws in certain cities concerning commercial property and discrimination lawsuits. If you are a private owner and you’re doing all of the work yourself, you can be especially vulnerable. After all, private owners are directly linked to all of their private property including housing. If someone files a discrimination lawsuit against you, you can lose your private property because of the lawsuit. It is better to hire an outside company like a commercial property management firm in order to avoid situations like these.

How to Advertise Your Start-Up Without Hiring an Expert

Most first-time business owners are all about marketing and advertising their start-up. The most common question that begs answering is “how do I advertise my start-up?”

Most seasoned advertising experts are full of bright advertising ideas for prospective advertisers. They start talking about the impact of a strong social media presence that will cost next to nothing *cough*fees*cough*, the importance of search engine optimization (SEO) in generating advertising revenue, hiring a top-notch sales and marketing team, how websites are the new marketplace and how 24/7 customer service will take your start-up to the next level.

For the most part, they’ve got the advertising part down pat – that’s their job, after all. Their aim is to make prospective advertisers believe that their start-up will boom if they pay the “experts” just a little bit more than they planned to invest in advertising.

But what about those businesses (and we’re talking about most businesses here) that don’t have the resources to invest in advertising expertise? There are always free marketing and advertising tips to be found online although they can be quite repetitive and redundant. How do you sift through the free expert tips in order to find a way to advertise your business in an original and effective way?

How do you advertise and promote your start-up?

The truth is there isn’t a one-size-fits-all answer to your advertising dilemma. If it were that easy to advertise and promote a business, advertising professionals would be out a job and we’d lose a whole industry to redundancy.

Of course, there would still be companies or potential advertisers looking for people to do the advertising job for them – but as we’ve established, most business start-ups simply don’t have the capital to invest in expert opinions and output.

The Finer Points of Internet Auctions

WHAT IS A PENNY AUCTION?

Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.

The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.

The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.

The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.

HOW PENNY AUCTIONS WORK!

The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.

There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.

Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.

HOW TO WIN!

Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.

The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.

The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.

The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.

HOW TO AVOID SCAM SITES!

Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.

Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.

Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.

CONCLUSION!

New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.

There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.

It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.

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How to Find Great Live Auctions for Resale Items

Hi, my name is Walt. I’m an auctioneer with 25 years of experience in the auction business and licensed in the state of MA. I own Quick Auction Service, a company that specializes in building and running custom auctions, I’m also the webmaster of my own site and have been on eBay for 8 years. Besides eBay, the types of auctions I run most frequently are antiques and on-site estate auctions, although I’ve run everything from business overstock auctions to charity & special event auctions.

I enjoy sharing my knowledge and stories of the auction business. My goal for article is to help folks get the absolute most out of their auction experience.

Whether your fresh out of the package or a seasoned dealer I think I can offer something in this article to help you with your auciton adventures.

There may be as many reasons to attend auctions as there are types of auctions to attend. Maybe you want to attend an auction to buy items for re-sale on eBay, or some other market. Maybe you want to furnish your home with wonderful antiques, or you want to furnish your home as inexpensively without sacrificing quality.Some folks are just looking for a fun night out. With a little perseverance all these things are possible.

There are antiques and estate auctions, auto auctions, overstock auctions, absolute and no reserve auctions, real estate auctions, specialty auctions where only one genre of items are sold, tailgate auctions, live auctions, online auctions, sealed bid auctions, silent auctions, charity and fund raising auctions and many more.

Can you really buy for pennies on the dollar at an auction? You bet! Many times I’ve seen folks buy and re-sell at the same auction on the same night for a good profit, although be advised, this should only be done after the auction is over.

There are a lot of ways to find an auction, but here are some tips on how to find and attend the best ones.

Visit the genre of shops in the area that apply to the type of auction you want to attend. IE: If your looking for a good antique auction to attend, stop in the local antiques shops and ask for what there are for good auctions in the area. Sounds obvious right? But listen to what they don’t say as well as what they do say. Oftentimes when a dealer speaks poorly about an auction he or she attends, it may be likely that they are trying to keep a good thing secret. Think for a moment, why would a dealer keep attending a lousy auction?

Newspaper ads: I personally like to find ads in the classified ad section rather than flashy display ads. Flashy ads are usually indicative of an auction that will be high priced, may have reserves, (a set price on an item), and usually an enormous crowd. While any auction can be profitable to attend, it is usually best to steer clear of the glitzy ones, at least for the beginner.

Here’s the minimum you want to find out before you go. If there is a phone number in the ad, call and ask for the terms of the sale. What forms of payment do they accept? Is it an absolute auction? An absolute auction is one that has no minimum or reserve bids on items. These are the best auctions to attend! Is there a buyers premium? A buyers premium is like a tax that everyone who makes purchases at that auction must pay above the winning bid price. Most auctions these days do charge a buyers premium, 10% is not unreasonable but I feel much more than that is greedy, and the auctioneer that charges over 10% is counting on most bidders not doing the extra math as the bids quicken in pace.

A fair auction will have ample time to inspect the merchandise, usually at least 2 or 3 hours. Find out when inspection starts and make sure to attend! Never attend an auction if you can’t make the inspection, not unless your prepared to gamble. Most auctioneers sell at a rate of about 100 items per hour, which is why they sell “as is”. They simply don’t have the time to give a detailed description of all the items. Since almost all items at auction are sold AS IS, there are sure to be some damaged, refinished, fake and incomplete items at any given auction. Beware of any auctions that offer very little or no inspection time.

Good auctions will usually have 150 to 400 lots. A lot may be one item or a group of items. The exception to this are specialty auctions, auto auctions, real estate auctions etc.

When you attend your first sale, take note of the 1/2 dozen or so dealers that buy the most often. See if you can find out about other area auctions they attend.

When you do find an excellent auction, attend it as often as possible. By frequenting good sales, you help increase the bottom line of that business. It’s difficult for many auctioneers to keep the quality of merchandise consistent, so good attendance certainly helps. And when an auctioneer gets to know you as a buyer, he/she will go out of the way to accommodate you, to keep you coming back.

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