subject: Ofetta is the most profitable international marketplace for sellers [print this page] Ofetta.com is the single international window for sellers worldwide where you get the chance to profit to an extent as if you have been somehow bestowed a windfall for selling your articles. This is the only penny auction site which allows retailers, manufacturers or any kind of sellers worldwide, who sell something legal, to sell as well as exploit a superb and extremely innovative business model to make unimaginable profit. People bid on the product you put up for auction, and you get 80% of all bids placed on your product. Each bid costs 0.5: convert this to your country's currency and think of the sum of money you can earn by assuming the possible traffic to your auction.
Know the international market before proceeding. Do some research to find out which brand of your product or what type of product has wide acceptance internationally. While a unique product can have little competition from other products and may work out in your favor, you may also loose the battle against better known products. So a little known product which is otherwise attractive needs more marketing to make people aware of it.
First you register for free. Decide which product you will put up for auction. Then take time to market your product. Use the social sites, the best and easiest medium for international marketing. Don't overdo but this promotion part needs some serious brainstorming. Remember despite the fact that you can make astronomical profits on Ofetta, it's far from being a gambler's den. Go in with the attitude of a businessman, and a smart one at that. Expect to profit when you get the basics right, but be ready to incur losses as well when you goof up or go over the top.
What should a smart seller do? Well seeing the opportunity around the corner he should gear up to grab the opportune moment, but at the same time he should know to wait till that time arrives. He will start slow, and put up something on Ofetta that's not very costly but attractive enough to draw a decent traffic. After gaining some experience he will develop his business expansion plans further and increase his aggression gradually, knowing when to hold back and when to unfold. That's called business. Ofetta thus, offers a smart and intelligent business model.
Once you ship your product to the winning bidder, you get the final bidding price plus 80% of all bids placed on your product. On your days you can profit upwards of 300%, and if you keep the business basics right you can keep on making decent profits steadily.
