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Drop Ship Your Way to eBay Profits
One of the most difficult things to do when looking to start
an online business is to find that elusive supplier that will
supply you, put simply you need a source of real products to
sell. Drop shipping is a perfect way to achieve this and lets you
develop the perfect online business..
The perfect online business is one in which you are selling a
product whereby you DO NOT HAVE ANY STOCK and you DO NOT
PHYSICALLY HAVE TO DEAL WITH THE PRODUCT and all you do is
COLLECT THE MONEY AND PASS THE CUSTOMERS DETAILS ON.
Sounds to good to be true! - well it definately is TRUE.
THIS IS DROP SHIPPING AND ANYONE CAN DO IT!
Read the following example :
You decide that you want to sell Mobile Phones, you then
realise that to do this the traditional way you would have to
hold a large amount of stock so that you have the range and
product available for your customers. Without a massive amount of
working capital you have no chance, also by the time you get your
business noticed the lines you are carrying are out of date and
not worth what you paid for them.
However, now consider this:
You sign up to a Mobile Phone drop shipper, they give you a
list of products that they can supply. You now go away and
advertise this list on your online store. You take an order from
your website for a Motorola phone, you have this advertised at
$200.. You then collect the customers details via your website,
all good shopping cart software provide this feature, and then
contact your drop shipper and buy the same phone for $150 and
pass them your customers details. That is the end of the sales
process for you, what happens next is :
The drop shipper SENDS THE PRODUCT TO YOUR CUSTOMER and
usually it goes under plain packaging or some drop shippers can
also put YOUR COMPANY DETAILS on the packaging when they send it
to your customer.
Thats $50 PROFIT for VERY LITTLE WORK!
Just 10 orders a week will give you $500 profit.
Drop shipping is fast becoming the easiest way of starting
your own online business because it offers a very simple formula
for success :
The drop shipper sets the price that you pay, you then set the
price that your customers pay and the difference between the two
is your profit!
SIMPLE ISN'T IT.
Because it is that simple a lot of people are jumping on the
drop shipping band wagon and it is not unusual to see lots of
different websites using the same pictures and sales copy to sell
the same product, usually because they just simply publish the
promotional materials that the drop shippers provide for
them.
It is important at this stage to remember that the internet
was based upon the ability to share information and content. It
is this simple word, CONTENT, that will help you to distinguish
yourself from the rest and will also ensure that your search
engine rankings are developed to increase the traffic (ie.
customers) to your website.
This is simply using information and content to ADD VALUE to
your website, customers want to be able to learn about the
product before they purchase and having content specific to your
area will allow this distinction in the mind of the customer. In
order to make a success of your online business you have to make
your customers want to come back. Think of your favorite
websites, why do you keep revisiting them? Simple, because they
provide you with something that is of VALUE to you.
Drop shipping allows you to develop your business in this
manner because instead of worrying about stock levels and
shipping you get to focus on listening to the market and
discovering the products your visitors want - and then being able
to rapidly add them to your site.
Its CONTENT SPECIFIC TO A WANT.
Drop Shipping is EASY - Have I said that?
BUT, don't get carried away. When you see the products that
the drop shippers offer you simply think I can sell that, that,
that and that and before long your list of things that you want
to sell is massive and this is counter productive. In order to
make drop shipping successful for you I would suggest to
FOCUS ON ONE PRODUCT AT A TIME
Build this up, when this is established then it gives you the
ability to go into other areas a lot easier and your current
customer base will give you a good source of potential new
customers straight away.
A great way is to focus onto a product that you like, know a
lot about or use personally in a hobby etc. This gives you the
opportunity to develop your website as an authority on the
subject and as such ADD VALUE.
Like any business venture there are some points that should be
raised before you build your online empire the easy drop shipping
way :
Don't just use the first drop shipper you come across as they
may not give you the best deal on this particular product. Like
all things shop around a number of drop shippers to find the one
most suitable to your needs.
Some drop shippers operate a handling fee over and above
shipping costs, this is usually quite a resonable fee and needs
to be factored into your pricing structure.
Some drop shippers try to charge you a monthly 'members' fee
as another means to make money from you, in my opinion these
should be avoided as the only time you should have to pay a
dropshipper is in connection with a specific order. You will find
that the majority that charge a members fee are the ones that
offer no true value to your business anyway.
As with any developing business the question of credibility is
key, unfortunately there are a number of con artists out there
that are aiming to take your money for nothing in return. A key
phrase to remember is :
IF IT SOUNDS TO GOOD TO BE TRUE - IT IS!
Research is key, for example :
How long have the drop shippers been in business?
Do they respond to your information requests quickly and
professionally?
Do they offer buying accounts?
What payments do they accept? (if just Western Union run a
mile)
This list is endless, that is why I only recommend two sources
of drop shippers information. Both these lists are maintained by
professionals that constantly update thier lists and only
recommend the best, most reliable and trustworthy dropshippers.
These sources can be found from the link in my signature box at
the bottom of the article.
As you can imagine the idea of drop shipping fits in with
online auctions, in particular eBay, perfectly as eBay will
provide you with the traffic and all you have to do is make that
ad stand out from the rest (my FREE resources on my site will
help you) and all the rest of the work is done for you.
You just concentrate on developing your business and
using eBays
traffic to make money and you cannot lose.
Mike - webmaster at Online Auction
Traders Resource
Visit eBay information
central to use the FREE resources to develop your online
business.
MORE RESOURCES updated Thu. February / 09 / 2012
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Muckdogs planning for Hot Stove eventThe Daily News OnlineBATAVIA — The Genesee County Baseball Club will conduct its annual Batavia Muckdogs Hot Stove dinner and auction on Friday, March 2, 2012, from 5:30 to 8:30 pm at Terry Hills Golf Course and Banquet Facilities at 5122 Clinton St. Rd. Tickets are $25 ... |
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After kickbacks row, AP to review excise policyZee News"The next round of auctions is due in June. So we should have a new policy in place before that," the Minister added. "Syndicates are neither new nor restricted to liquor trade alone. Syndicates exist in sand and other businesses as well," Mopidevi ...and more » |
 Parda Phash |
Pay more for your favorite beverage!Parda PhashSo the prices of this variety of tea are expected to go up at auctions. It will push up CTC tea retail prices in the domestic market," Arun N. Singh, managing director and chief executive of tea major Goodricke Group, told reporters over phone.and more » |
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