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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of working capital you have no chance, also by the time you get your business noticed the lines you are carrying are out of date and not worth what you paid for them.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 ISNT 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 favourite 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: Big Oil’s Wishlist: The Hottest Oil Auctions In 2020 Yahoo Finance Artifacts from St. Louis World’s Fair going up for auction KTVI Fox 2 St. Louis Christie’s Latest Auction Sold $6 Million Worth of Rare Watches From Rolex, Patek Philippe and More Robb Report Boats, buses and boxes of evidence: Utah cities auction off odds and ends, 400-plus vehicles KSL.com Local auctioneer Bill Baker retiring after 42 years The News-Messenger Arsenal golf clubhouse contents will be liquidated in online auction; Army can't find private operator Quad City Times Longtime York restaurant headed for auction block in 2020 York Daily Record Local News: Restaurant equipment to be sold at auction (12/14/19) Southeast Missourian Serena Williams' smashed US Open racket auctions for nearly $21G -- after ball boy sold it for $500 Fox News For Auctions, It’s ‘No Froth,’ but ‘Steady.’ That’s the New Normal. The New York Times Auction calendar: December 13, 2019 Wisconsin State Farmer Sanborn Classic Car Dealer Taking Cars To Sell At Barrett-Jackson Auction In Scottsdale KIWARadio.com Auction 103 concludes second round with $715M in bids FierceWireless Marshalltown auction sheds light on 500 antique lamps KCCI Des Moines Financially struggling Pheasant Run Resort on auction block Kane County Chronicle Real estate pro shares insights on West Ridge Mall foreclosure auction The Topeka Capital-Journal Auctions are not always fun and games | Agri News PostBulletin.com The 9 most expensive Disneyland items sold at auction featuring 1,500 theme park collectibles OCRegister mmWave auction bids reach $1.4 billion RCR Wireless News 2019 Little Yellow Dog auction to be held Saturday Sioux City Journal A flurry of auctions in Munster sets the scene for Christmas Irish Examiner Sicilian Homes Went Up for Auction Starting at €1. More Than 100000 People Called. The Wall Street Journal Senate Commerce Committee OKs C-band auction bill FierceWireless Rocky start for inaugural hemp auction, but more events are planned Hemp biomass auction off to a rocky start with more events soon Hemp Industry Daily Serena Williams' smashed racket auctions for $20k after ball boy sold it for $500 - Face2Face Africa A Minor Change Freeze for FM Auction 106 Radio & Television Business Report Graves auction has no winner - Sun Community News & Printing Sun Community News This Beautifully Restored 1948 ‘Woodie’ Station Wagon Is Heading to Auction Next Month - Robb Report Selected Western livestock auctions | Livestock Auctions Capital Press Bennett's Premiere Auctions Group Brings the Inaugural Auction of the David L Root Ancient Indian Artifact Collection to Global Bidders via Proxibid Associated Press Gavel will drop one last time at Suess Auctions PostBulletin.com Do I hear $1,000? Auction of Hahnemann University Hospital equipment begins Philadelphia Business Journal Auction benefits Centre's glass program, honors its founder LEX18 Lexington KY News Michigan to auction 150 parcels of public land The Detroit News WIHA Holiday Auction ‘A Celebration of Sprinklers’ Winthrop Transcript Westminster annexing former Livestock Auction, site planned for 40 workforce housing units Baltimore Sun Michigan DNR to auction off 147 parcels of public land Detroit Free Press 1967 COPO Corvette ordered by GM designer Bill Mitchell set for auction The ClassicCars.com Journal Children's Auction money already at work | Local News The Laconia Daily Sun Bike auction coming in La Crosse due to surplus News8000.com - WKBT The 9 Most Expensive Disneyland Items Recently Sold at Auction Inside the Magic SEVEN Concours, Powered by Silverstone Auctions, Brings the Riyadh Car Show Auction 2019 to Global Bidders via Proxibid Associated Press 10 most expensive Disneyland items in an auction featuring 1,500 theme park collectibles The Mercury News List of players for the IPL 2020 auction announced The Cricket Times Royal Treasures from Queen Elizabeth's Aunt and Uncle Head to the Auction Block TownandCountrymag.com |
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