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Auctions InformationDrop Ship your way to eBay profits
by:
Mike Ralph
One of the most difficult things to do once
looking to start an online business is to find that elusive provider that wish supply you, put just you need a source of real products to sell. Drop shipping is a perfect way to accomplish this and lets you develop the perfect online business..
The perfect online business is one in which you are merchandising 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 nice 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-be have to hold a large figure of stock so that you have the range and product accessible for your customers. Without a massive figure of working capital you have no chance, besides by the time you get your business detected
the lines you are carrying are out of date and not worth what you paid for them.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 publicized at $200.. You then collect the customers details via your website, all nice buying cart software system 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 Client and normally it goes under plain packaging or several drop shippers can besides put YOUR Institution DETAILS on the packaging once
they send it to your customer.
Thats $50 PROFIT for Really LITTLE WORK!
Just 10 orders a week wish give you $500 profit.
Drop shipping is fast becoming the easiest way of starting your own online business because it offers a really simple formula for success :
The drop shipper sets the cost that you pay, you then set the cost that your customers pay and the difference between the two is your profit!
SIMPLE ISNT IT.
Because it is that simple a lot of folk are jumping on the drop shipping band wagon and it is not unusual to see lots of several websites exploitation the same images and sales copy to sell the same product, normally 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 computer network was based upon the ability to share information and content. It is this simple word, CONTENT, that wish help you to distinguish yourself from the rest and wish besides ensure that your search engine rankings are developed to increase the traffic (ie. customers) to your website.
This is just exploitation information and content to ADD VALUE to your website, customers want to be able to discover just about the product before they purchase and having content specific to your area wish allow this distinction in the mind of the customer. In order to do a success of your online business you have to do your customers want to move back. Think of your favourite websites, why do you support revisiting them? Simple, because they provide you with thing
that is of VALUE to you.
Drop shipping allows you to develop your business in this manner because instead of worrying just 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 quickly add them to your site.
Its CONTENT SPECIFIC TO A WANT.
Drop Shipping is EASY - Have I aforesaid that?
BUT, don't get carried away. Once
you see the products that the drop shippers offer you just 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 do drop shipping booming for you I would-be suggest to
FOCUS ON ONE PRODUCT AT A TIME
Build this up, once
this is established then it gives you the ability to go into another areas a lot easier and your current client base wish give you a nice source of potential new customers straight away.
A great way is to focus onto a product that you like, cognize a lot just about or use in person
in a hobby etc. This gives you the chance to develop your website as an authority on the subject and as such ADD VALUE.
Like any business venture there are several points that should be raised before you build your online empire the easy drop shipping way :
Don't just use the 1st drop shipper you move across as they may not give you the better deal on this particular product. Like all things shop about 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 normally quite a resonable fee and inevitably to be factored into your evaluation structure.
Some drop shippers try to charge you a monthly 'members' fee as another means to do 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 wish 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 credibleness is key, unluckily 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 Nice 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 purchasing 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. Several these lists are maintained by professionals that perpetually
update thier lists and only recommend the best, most reliable and trustworthy dropshippers. These sources can be found from the link in my name box at the bottom of the article.
As you can imagine the idea of drop shipping fits in with online auctions, in particular eBay, absolutely as eBay wish provide you with the traffic and all you have to do is do that ad stand out from the rest (my FREE resources on my site wish help you) and all the rest of the activity is done for you.
You just concentrate on developing your business and exploitation ebays traffic to do money and you cannot lose.
Simply just about the Author
Mike - webmaster at Online Auction Traders Resource
Visit ebay information central to use the FREE resources to develop your online business.
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