Making Money On eBay Can Be So Simple, Just Let So

Making Money On eBay Can Be So Simple, Just Let Somebody Else Do All The Hard Work For You

by: Ian David Major

OK, so youกve been bitten by the eBay bug!

Youกve 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 กMinimalist Lookก.

Youกve attended every Yard Sale in the area and some a lot further away.

Now your garage is so full of junk your thinking of having a yard sale of your own, but whats the point, youกd only buy it all yourself to sell on eBay.

You love eBay and you’re determined to make a good living from it.

So things will have to change.

Youกve sold all of your unwanted belongings.

Visiting Yard Sales is taking up all of your spare time and your income from eBay does not match the effort you’re putting in.

What you really need is someone who will:

Give you access to a product that has a good profit margin.

Stock that product for you.

Mail the product to your customer when you make a sale.

Sounds like a tall order doesn’t it?

Yet this exactly what you get when you use a wholesaler who also dropships.

Dropshipping

So what exactly is Dropshipping?

Dropshipping is a way of selling and distributing products whereby the supplier of the product (the dropshipper)sends the goods directly to the end user (your customer) on the retailers behalf (thats you).

OK. So instead of constantly trying to find items from yard sales etc you simply study a list of Dropshippers and decide what product or products you would like to sell on eBay.

Quite often the Dropshipper will supply you with all the sales material you need to create your eBay Gallery Picture and eBay Sales Page.

The dropshipper stocks the product so you don’t have to.

You put your chosen product up for sale on eBay, somebody buys it and eBay provides you with the buyers name and address. Now you simply contact your dropshipper and give them the name and address of your customer and the details of the product they have bought and the dropshipper will deliver it to them.

At this point you pay the dropshipper for the product.

The great thing here is that you got payed by your customer before you had to pay the dropshipper.

So your customer pays you the retail price for your product, you pay the dropshipper the wholesale price and you keep the difference as your profit in addition to saving time and effort.

Dropship Directories

Go to your favourite search engine and type in Dropship Directories and you will find that there are dozens and dozens of them to choose from.

A word of warning here. Most of these directories are a waste of time, a waste of money or both.

Quite often what you will receive, should you buy one these directories, is a list of กMiddlemenก not true wholesalers.

I don’t need to emphasise that you will make more money if you by direct from the wholesaler.

My first recommendation is to thoroughly check out any Dropshipping source that you might be interested in.

For example.

Can you find the product cheaper via another Dropshipper?

Are their postage and packing charges reasonable?

Do they carry ample stock of your particular choice of product/s?

(Thereกs nothing worse than selling an item only to find that your Dropshipper is out of stock and you are unable to provide your customer with the product they have paid for).

My second recommendation would be to check out the Dropshipping Companies at:

http://www.worldwidebrands.com

To sum up.

Don’t Stock It.

Don’t Mail It.

Don’t Pay For It, Untill You Have Been Paid.

Leave it to the Dropshippers to do that for you!

So the next time you’re looking for something to sell on eBay, give some thought to using Dropshipping as a way of making you’re eBay experience a whole lot easier and a whole lot more profitable.

About The Author

For 12 Killer Dropshipping SECRETS for eBay Sellers visit: http://www.ebayarticles.com/12KillerDropshippingSecrets.html

Ian D Major is the creator of www.eBayArticles.com, the one stop resource for information, reports and articles about all things eBay.

To subscribe for free to eBayArticles and get Articles, Reports and Bonuses delivered to your inbox weekly, just send a blank email to: [email protected]

CopyRight 2005 Ian D.Major

[email protected]

This article was posted on September 05

by Ian David Major

DropShipping – A Great Way Of Making Money Online

DropShipping – A Great Way Of Making Money Online

by: Nowshade Kabir

Using the Internet to sell products and services to ever increasing number of net users is a good way to start your own business. If you are not taking advantage of this great opportunity you are just missing the boat! Consider this: ecommerce, contrary to popular believe, is thriving and increasing at a double digit growth rate. According to Jupiter Research, Online sales during this holiday season in United States are expected to reach $21.6 billion, a 19 percent increase over the same period last year. Jupiter also predicts in the report that 86 million U.S. residents will make holiday purchases online this year compared to 73 million last year, which is an 18 percent increase.

No doubt that this is the right time to get into online business. Building a website for selling products or services is no longer that difficult. You can make your own website by using available sophisticated but easytolearnanduse programs like Macromedia Dreamweaver, Microsoft Frontpage, Adobe Go live, etc. There also exist various online web store builders similar to Rusbiz.com, which allow you to create powerful web stores using simple editors and numerous templates. You can also setup a store with Ebay and sell products through it. Finally, you can hire professional web designers to develop your website. So, the important question isnot how to get online, but what to sell on the Internet?

In one of my articles – What to sell on the Internet? (http://ezine.rusbiz.com/archivenews.html?nl_oid=19) – I wrote about selling information products. Although this is an interesting concept, you might think that this is not your cup of tea; and you still prefer to work with some tangible products. In ideal scenario, probably, you want to sell a product of your choice but don’t want to carry your own stock and don’t want to handle the shipping. Is there a way of doing this? Yes, there is! It’s called ขDropshippingข.

What is dropshipping?

When a manufacturer, wholesaler, distributor or importer, after receiving an order from their retailers, individually pack and deliver the product to the customer of the retailer with retailers address as shipper, this selling technique is called dropshipping.

The advantages of dropshipping include:

You do not have any inventory. So, there is no stock carrying expense involved.

You pay for the item only when it is sold and you got paid from your customer. You don’t need to invest money in buying the product.

You can sell just one item at a time. No minimum quantity required.

Your dropshipper will supply you with necessary product image and specification. You don’t have to spend money on creating your own.

You fix your own selling price of the product. Convenient, when you know your niche market well.

You can offer various products on your web store from multiple suppliers.

Select a product to sell

Once you decided to go with dropshipping you need to find products to sell and find dropshipping suppliers for those products. According to the same report from Jupiter following are the most favorite categories for online shoppers: Books – by far the most popular category, after that comes clothing and shoes, music, toys, video tapes and DVDs, gift certificates, consumer electronics, accessories, videogames, bed and related items, and bath items. You should also consider that this year, total Internet sales of consumer electronics are expected to rise 32 percent to $7.5 billion, making it the fastest growing group among all retail sales categories online.

The market research wizard developed by Worldwide Brand Inc. is a great tool, which shows in a probability scale whether it is worthy trying to sell your selected product online or not. You can find it over here. (http://www.worldwidebrands.com/?8188)

Locate dropshipping companies

After selecting the product the next step is to find a reliable dropshipper for it. This might not be an easy task! The things that you should look into a dropshipper are the followings:

A reputable supplier with dropshipping experience

Ready to ship one item at a time

Do not ask for any membership payment

Will use your name as shipper

Will enclose blank invoice or invoice from you

On the packaging there will be no indication that they are the supplier.

You might think that the easiest way of finding a dropshipper is just to buy one of the numerous lists on the Internet for sale. I won’t recommend you to use them for number of reasons. Often, these lists are outdated or carry wrong information. Even if you find the companies through the lists, since many people use these lists, you get into fierce competition for market share not even starting to sell.

Use the following approach instead:

Online search

The first step is, naturally, to use the search engines. Using various combinations of the keywords of your product with words: manufacturer, wholesaler, dropshipper, dealer, see if you can find the original source of the product.

If several online retailers are already selling this product, do some detective works! Check out the sites thoroughly. May be, you can find a clue, which will help you track down the supplier.

If it is an imported product go to the sites like Alibaba, ecplaza, Rusbiz, tradeindia. Locate the manufacturer and get in touch with them to find who you should contact in your country to retail sell their products. If the product is manufactured in North America, the best source to find them is Thomas register.

Trade exhibitions

You should definitely attend the trade shows related to your category of products. This is an easy way to find a number of suppliers, who might be willing to work with you.

Trade magazines

Trade journals and publications are also a good resource for finding suppliers of your products. Although, you might have to go through a sizable quantity of them before you stumble on the right supplier.

Conclusion

Dropshipping has some inherent drawbacks too. The biggest of them is you have to totally rely on the dropshipper to fulfill your order and get the product to your customer on time. The others are: you don’t have any control over the price or availability of the product. However, a good dropshipper cares for his reputation since his business depends on retailers like you. That’s why you have to be very careful in choosing the right dropshipper.

About The Author

Nowshade Kabir is the founder, primary developer and present CEO of Rusbiz.com. A Ph. D. in Information Technology, he has wide experience in Business Consulting, International Trade and Web Marketing. Rusbiz is a Global B2B Emarketplace with solutions to start and run online business. You can contact him at mailto:nowshade[at]rusbiz.com, http://ezine.rusbiz.com/archivenews.html?nl_oid=47.

This article was posted on November 15, 2004

by Nowshade Kabir

Ebay and Dropshipping, A Marriage Made In Heaven?

Ebay and Dropshipping, A Marriage Made In Heaven?

by: Ron Keegan

Believe it or not, eBay is the กBESTก opportunity you can use right now to make money online in the dropshipping business from the comfort of your own home.

Thousands of people just like you use eBay auctions on a daily basis to sell and buy products on the Internet; now itกs your time to START your own dropshipping homebased business and succeed in the eBay auctions กgameก!

There are no special skills required for this dropshipping business, all you need is a computer, Internet access and some basic computer / Internet knowledge.

Dropshipping is when you sell products on the Web, forward the orders to the dropship supplier and, in return, the dropshipper ships the product to your customer (buyer).

You act as the middleman between the dropshipping supplier and your buyer. You can take orders by credit card, PayPal fax or any other method you can think of. You can sell via your own Web Site, Yahoo store, or even through emails.

Your profit is generated on the difference between your selling price and the price the dropshipping supplier charges you.

Thanks to dropshipping you can start making money กinstantlyก without any investment in inventory, warehousing, shipping, equipment, employees or office space.

Having products drop shipped by suppliers, allows you to concentrate on truly important aspects like advertising, sales and promotion.

Pay attention! There are lots of companies claiming to be กDrop Shippersก. However, a legitimate drop shipper is a factoryauthorized wholesale distributor, or sometimes the actual manufacturer of the product. A legitimate drop shipper should not charge you an กaccount setup feeก or ask you to place a กminimum quantity orderก.

Make sure you find legitimate drop shippers who have the product(s) you want to sell, talk with them on the phone or by email and let them know that you are truly serious about doing business with them.

Customer support counts in the dropshipping business, so don’t hesitate to contact dropshipping suppliers before you proceed to work with them.

This will help you decide if you really want to do business with a particular drop shipper or not.

To succeed in the dropshipping business youกll have to LOOK for hardtofind products that people desperately need and want to purchase.

The key is to sell products with little or no competition.

Do some research for productกs you want to sell that you think will have little or no competition on eBay.

I suggest you RESEARCH for quality products & legitimate dropship suppliers, MONITOR the eBay auction listings to see if thereกs any competition and TEST the market (e.g. find out if people really want to spend CASH on the product you want to sell)

Remember! Dropshipping makes it EASY for you to start and run your own homebased businesses on a shoestring budget; and eBay is the กperfectก MEDIUM to expose your product to potential buyers all over the globe!

About The Author

Ron Keegan runs Megastar Distributors a redhot Web Site jampacked with lots of FREE Resources, Tips & Reports on DropShipping & eBay. Pickup your *FREE* ebook at http://www.Megdis.com to learn more about makingmoney dropshipping!

This article was posted on March 22, 2004

by Ron Keegan