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Better Than Sliced Bread? Drop Shipping, The New Home
Business Craze
Many of you will probably remember the days when the only way
to start a successful home business was to join some sort of
multi-level marketing program or sell makeup at parties. In those
days, people would have to buy a membership in the 'program'
along with an inventory of sample products that they would then
sell to friends and coworkers at 'parties.' Most people were not
very successful at this and made very little money and usually
alienated their friends and family. In the 1990's however, all of
that changed for the better with the advent of the Internet and a
retail delivery method called wholesale drop shipping.
Wholesale drop shipping is when a wholesale distributor or
manufacturer agrees to send out single unit products to customers
for a retailer. Many will also even include the retailers name on
the invoice so that the customer is never even aware that they
got it from anyone else but the retailer. This, along with the
Internet has changed the whole dynamics of home businesses in
America, making it easier and more cost effective to start your
own business.
Home business owners are now able to launch a business without
purchasing any inventory up front and are able to open a 'store'
without ever having to find a place to setup shop. Millions of
Americans have setup ecommerce sites on the internet selling
everything from Personal Computers to lawn care equipment all
using wholesale drop shipping. As a matter of fact, according to
eBay over forty thousand people make their full time living on
their auction site alone; many of these are using drop shipping
as their main method of product fulfillment.
The only problem for today's small business owner is how to
find wholesalers to drop ship. In general wholesale distributors
don't make it a habit of getting out there and advertising;
obviously the whole reason they are in wholesale and not retail
is to get away from doing all of that work. So it makes it very
difficult for someone who has little or no business experience to
make contacts with distributors when they aren't even sure where
to start looking.
To help out those small business owners I'd like to offer some
advice for finding wholesale distributors:
- Look for trade organizations and magazines to help you make
contacts. Many trade organizations out their produce some sort
of listings of their members, many of whom may drop ship.
- Contact manufacturers. People don't realize that if you
call the manufacturer they will provide you with a list of
their distributors; so if you are looking for a particular
product, ask the manufacturer. The down side of this route is
that they may have hundreds of distributors that you may have
to contact before you find one that is willing to drop
ship.
- Find wholesale chat rooms and message boards. There are
many message boards on the Internet today that are devoted to a
wide range of discussions. You may find boards on wholesale,
distribution, supply chain, etc. All of these may lead you in
the direction of a wholesale distributor.
However, if you want to get up and running fast, or just don't
have the time to go on a search for wholesale distributors much
less ones that drop ship, then the way to go is drop ship
directories. These are usually pay services that search out drop
shippers for you then give you access to their contacts; there
are many of these on the Internet today, and many are very good.
As with anything on the Internet you must be very careful of the
scams out there. Many drop ship directories will end up giving
you an outdated list of wholesalers, or when you contact them you
will find that they are a true wholesale distributor but they do
not drop ship.
Here are some pieces of advice when looking for a quality drop
ship directory:
- Stay away from the cheap ones! Obviously with everything
else in this world you will get what you pay for. If you find
one out their for three dollars, you probably are not going to
get a good product. In general the one's that offer the best
information are charging $60 or more for a six month
membership.
- Look for one's that will do specialty searches! If you get
into a drop ship directory and find that they do not have any
products that you would like to sell, or think you can sell,
then make sure they will go out and find it for you. If they do
not do specialty searches then you will end up being stuck with
whatever listings they have no matter what.
- Find one with a Satisfaction Guarantee! There are several
drop ship directories out there that offer a guarantee that all
of their listings are true drop shippers, but in my opinion
this is not enough. If you get into their directory and find
that they have five hundred listings for widget suppliers and
they are all real wholesalers you are out your money and only
have access to one product. Make sure they guarantee your
satisfaction with their product no matter what, especially if
you are going to shell out seventy dollars of your hard earned
money.
- Look for ones that are going to help you out as well, not
just give you a list. Do they offer articles and help material
on starting your business or are all they just going to give
you listings and nothing else.
However you choose to find wholesale drop shipping, keep in
mind that as with anything else in this world knowledge is power.
Try and find out as much as you can before you jump in to get
your feet wet. It will make your startup smoother and help you
get the profitability stage much faster.
About The Author
Tony Keeler is the founder and publisher of The Drop Ship
Connection - www.dropshipconnection.com - The web's only drop ship
directory with a step by step guide for the home business owner.
He is also the owner of MAR Services which publishes these great
sites:
2DollarSoftware - www.2dollarsoftware.com - marketing,
advertising, and internet software.
DingleHopper.com - www.dinglehopper.com - Funny Name, Cool Products.
tony.keeler@dropshipconnection.com
 MORE RESOURCES updated Thu. February / 09 / 2012
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HTC Launches First 4G LTE Smartphone in Europe3G.co.ukVodafone in Germany are just getting ready to launch their 4G network, but in the UK the 4G auctions are yet to even take place. The HTC Velocity, which is similar to the HTC Vivid LTE that launched in the US, should be released in the next few weeks ...and more » |
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KeyDrive Acquires Moniker and SnapNamesBusiness Wire (press release)... investments Key-Systems®, Moniker® and SnapNames® offer a complete suite of domain name products and services worldwide including access to over 300 domain name extensions, full-serve brokerage, live and online auctions and monetization services.and more » |
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LEAP event supports literacyKPCnews.comTickets for Saturday's event cost $50 per person and include food and beverage tasting, live entertainment by Dan Heath with the Paradise Band, along with the chance to bid on gift items at two auctions. The evening will feature a variety of food ... |
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College show a dress-up affairVictoria Times ColonistIt includes food, music, games, prizes and auctions. Casino Royale has a James Bond theme, so guests are encouraged to wear tuxedos and gowns. The decor of this year's fundraiser will bring to mind Montenegro, one of the settings of the 2006 Casino ... |
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Kickbacks row: AP proceeds to review excise policyZee News"The current system of auction (of liquor shops) is flawed. It needs to be revised...we are on the job," Mopidevi told newsmen here today. A team of senior Excise Department officials visited Tamil Nadu recently to study the excise policy in vogue ...and more » |
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Hart, S - Superfast BroadbandDeHavilland (press release) (subscription)In reply, Mr Hart asked about what could be done to help those left out of the plans. Responding, Mr Hunt said that Ofcom's announcement for 4G spectrum auctions would mean that 97 per cent of the country would be reached, but more should continue to ...and more » |
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RELATED AUCTION INFORMATION ARTICLES:
Internet Auction Sites :
Find Good Deals on Almost Anything
You can find good deals on almost everything you need on
internet auction sites. There is almost nothing that you
can't find over the internet.
eBay - Getting More Bids
Using An Auction Preview
If you sell in small niches as I recommend and are
organized enough that you know what you will be listing on
eBay 1 to 2 weeks ahead of time, you should give serious
thought to previewing your upcoming auctions for your
customers. The result can be increased sales and higher
final bids.
When It Comes To eBay,
Don't Follow The Herd
Q: I want to start an online business. Since I don't know
anything about ecommerce and building websites and such,
I'm thinking about starting out selling products on eBay,
then pay someone to build a website for me once the money
starts coming in.
eBay Listing Service :
Make Managing Your Auctions Easy
Do you want to have a lot of auctions going but don't have
time to keep track of them all? Trust me, you're not alone.
With more and more people making significant portions - if
not all - of their income from their eBay auction websites
the need has arisen for many people to have someone manage
the listing of their auctions for them.
Mistakes to Avoid in
your eBay Auctions
Online auctions continue to grow in popularity as an easy
and efficient way to make money on everything from unwanted
household items to rare and expensive collectables and even
to bulky items like cars.Log on to eBay and you will see
countless auctions on any item you can imagine.
Finding Antiques And
Collectibles To Sell On eBay
Many people who decide to make a living selling
collectibles on eBay soon fail. I meet them in the line at
the post office.
How To Sell On eBay
& Keep Your Shirt
Have you ever been delighted after a huge sale on eBay. .
How To Find Tons of Hot
Items Selling On eBay ...In Less Than 10
Minutes
There are many ways to start a home business online, and
few are easier than eBay - the world's largest online
auction site. However, there is one critical condition -
you have to know what to sell and how to sell it.
The Ins and Outs of
Dropshipping on eBay
Dropshipping is an attractive marketing technique, but when
you take it to eBay it becomes a real phenomenon. There are
tens of thousands of people running dropshipping business
as you are reading this article.
Photos on my eBay
Auctions: How Do I Add Them?
On another forum I'm involved with, someone's asked a great
question: I want to sell products on eBay, but I want to
include photographs with my items. How do I do that? What
kind of camera do I need, and what settings should I use?
The first step is to buy a digital camera.
Making Money On eBay Can
Be So Simple, Just Let Somebody Else Do All The Hard Work
For You
OK, so you've been bitten by the eBay bug!You've ransacked
the attic, the basement and every other room in your home
to find things to sell on eBay.When friends and neighbors
ask you where everything has gone, you tell them that
you're going for the "Minimalist Look".
Online Auctions: 10
Secrets You Should Know Before Bidding At An Online
Auction
You may have heard about eBay and other online auctions. You
may have participated in some of the biddings.
eBay Auction Selling
Secrets - Using eBay to Launch Your Very Own Highly
Successful Website
Launching your very own successful website is the dream of
many people worldwide because it is a new way to make money
and be employed by oneself with little overhead. So, once
you have your website you will need traffic to make it
successful.
Drop-ship or U-ship:
That is the Question
For small Internet retailers, drop-shipping is one of the
best innovations since sliced bread. How else can a
start-up offer a wide variety of products and convince
customers that they have a fully-stocked warehouse-while
investing virtually nothing in inventory or warehousing?
Before you jump right onto the drop-shipping bandwagon,
however, there are some pitfalls to avoid.
Get Yourself A Piece of
The eBay Pie
eBay is without a doubt the greatest internet marketing
phenomenon of all time. Millions of people log on every
minute and every second there are hundreds of items listed,
sold and bought, and of course money is made.
Is it Antique and is it
Worth Anything?
Is it an antique and is it worth anything? Would you
know?At some point in our lives most of us are going to put
in a position where we have to ask ourselves the question-
Which of my treasured possesions should I keep because they
might be worth something and which can I throw away?Would
you know??We start our own homes full of enthusiasm and
with all the lovely clutter that makes up our lives and
that of the family, but as time goes on, the children leave
home, we decide to move to a smaller house or maybe we
decide to live abroad. At that stage we have to decide what
to keep and what to part with.
Free Auction Templates:
How to Set Your Border Color With FOAM
If you have not heard of Foamtemplates.com yet, home of the
"Free Online Auction Maker", now is a good time to get your
feet wet.
To eBay or NOT to
eBay
FACT: eBay's Gross Merchandise Sales (GMS) 2003 - GMS, the
total value of items sold, was a record $24 billion,
representing a 60% year-over-year increase from the $15
billion reported in the full year 2002FACT: Over 79 million
times a day, eBay users find products and brands of their
choice. FACT: In the final quarter of 2003, reported and
increase of 41.
Save on eBay Fees with
Free Image Hosting
Experienced sellers at online auction sites such as eBay
will tell you that the single most effective tool of
persuasion is a good image. Multiple images are even
better.
Game Theory, Nobel
Prize, & Auctions - Auction Primer Series - Part
1
William Vickrey, highly regarded as the founder of auction
theory, was an economics professor at Columbia University
when he published two papers outlining his views on
auctions:"Counterspeculation, Auctions, and Competitive
Sealed Tenders", 1961, Journal of Finance"Auction and
Bidding Games", 1962, Recent Advances in Game TheoryIn 1996
he received a Nobel Prize "for fundamental contributions to
the economic theory of incentives under asymmetric
information." It's important to understand that asymmetric
information is an essential component of auctions, where
potential buyers have varying levels of knowledge about the
value of the item.
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