Finding new home based business leads is sometimes ignored by some entrepreneurs. The reason for this is that they are too busy engaging in their day-to-day activities. As a result they no longer have time to build new customers. Just like any type of business, it will not survive if you do not look for new customers to patronize your products or services. Therefore, if you are looking for new clients and customers, you should spend significant amount of time marketing your business.Ways to find new customers and clients•Know your market. Do not just find home based business leads in any place. The product that you are offering may not be for everyone. Therefore, you should find a target market that allows you to gather new customers and clients to try your products and services.•Come up with a plan. Marketing needs strategy to become successful. Do not approach it without proper planning and carrying proper tools. Remember that new clients do not come to you if you do not disseminate information about what you are trying to offer. If you have an online business, you can look for new market by joining in a forum, commenting on a blog, and so on.•Create online presence. Even if your business does not offer products and services online, it is still recommended to have an online presence in order to gather new home based business leads. In this way, your business will be known, not just in your locality, but also to the whole world.•Ask your friends. Your family, friends and colleagues can also help you gather new clients and customers. They can refer other people to try out your services and products. To further encourage them to talk about your business to other people, you may offer them incentives like a trip to a spa or a discount when they choose to buy your product.•Analyze results. To find out if you have gathered significant number of home based business leads, you should have time to track results. This is to evaluate whether or not your marketing strategy is working. You should know which strategy allows you to obtain many clients. You should only use the one that offers the most efficient way to attract more customers.•Join a networking group. This allows you to meet new people and discuss your products and services. Networking is a great way to get home based business leads without having to spend a lot.Getting home based business leads is essential if you want your business to compete effectively.

Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.

Types of Auctions:

Different types of auctions take place around the world. Below mentioned are some types of auctions:

1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.

2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.

3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.

Examples of Auctions:

Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:

1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.

2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.

3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.

4. Horse auction: Bidders can bid for young horses of the best breed.

5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.

The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:

1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction

Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.

What makes an opportunity PERFECT? In the first article we learned that the “P” in PERFECT stands for “Profitable.”Key Number Two
The first “E” in PERFECT stands for “Easy.” No, “easy” doesn’t mean you won’t have to work at all. There is no free lunch. Don’t believe it if someone says they have done all the work for you and all you have to do is buy their system, sit back, and watch the money roll in. It does take work to start and build any successful business. But, the PERFECT home based business should be relatively easy and can even be a lot of fun.”Easy” Means:
•Something that you are passionate about or love doing.If you really love doing something, and that is the core of your home business, you will be a lot happier and the work required will seem easier to you. You will also be much more likely to stick with your business when you run into obstacles that will certainly come along.If you not only love something, but also know a lot about it, you will have a much better chance of success in a market related to your passion. You will “speak the language” of your customers. That will help you develop better relationships with them resulting in more sales now and in the future. Starting and building your home business around something you love will make it easier for you and it will be fun too.•A business process that can be automated or systematized.If everything you do in your business has to be done over and over again by you and you alone, you will not succeed for long, or your business will stay small. A PERFECT home based business will enable you to automate many of the business tasks after you do the initial work to set up the necessary processes.•Your product is easy to pack and ship at low cost, or fulfillment of the order is done digitally.The easiest home business lets you “ship” your product to the customer digitally in the form of a digital file over the internet or by e-mail. This also results in the highest profit because the cost to create and deliver a digital product is peanuts.•Requires less than 20 hours per week after the initial set up period. You may work 20 to 60 hours each week to start and set up your business for the first month or three. But, a PERFECT home based business will only require 20 hours or less of your time each week after the initial set up period.•Totally doable by anyone. If you have to be a genius or marketing wizard to succeed, it isn’t a PERFECT home based business. Thousands of “regular Joe’s” are making big money in a PERFECT home business and you can too. Find a business that you are comfortable doing, or find a mentor who will teach you everything you need to know about starting and succeeding in the home based business you choose.So, a PERFECT Home Based Business must be EASY. And, it must be PROFITABLE too. More to come in the rest of this article series.Read the other articles in this series, or Click Here For Your Free Report: Discover The PERFECT Home Business.