Twelve Ways to Easy eBay Dropship Profits
Dropshipping really is a wonderful
way to source high profit products with none of the usual costly
hassles confronting ‘bricks and mortar’ ventures.
This is what makes dropshipping such a fascinating and very
profitable option for your eBay business:
* No products to stock, no tying up
limited space in your home or business premises.
* No paying upfront for products
that might not sell.
* Sales
materials and graphics are normally provided by larger suppliers
or can be downloaded from their web sites. Some have printed
catalogues from which you can scan product pictures, others have
CDs containing digital pictures. Using their pictures and
descriptions makes life a lot easier for you and means you don’t
spend time and money buying products, taking pictures, creating
descriptions. But typically, the bigger the company, the more
aggressive their marketing will be, and the more likely their
products are known to other eBay sellers. The moral is to not
rely solely on these bigger companies. Very often firms without
sales materials and graphics are small companies, probably
unknown to most other resellers, with fabulous products, and
closer control over quality and communications. Of three
companies providing my entire dog jewellery stock, two are one
man set ups, the other a father and son business. Using smaller
companies you’ll sometimes have to create graphics and product
descriptions yourself, but that’s a small price to pay for
exclusivity, wouldn’t you say?
* You receive payment up front from
the customer, before having to pay for stock, and without ever
having to pack or post items yourself.
* No minimum order quantity.
* Many larger dropshipping
companies buy in large volumes and pass good price discounts to
you, sometimes equal to or lower than typical wholesale prices
for similar items.
* No chance of unsold stock tying
up capital and storage space. If a product is discontinued,
goes out of fashion, or grows heavily competitive on eBay, you
can drop the item and move on to new lines.
* Greater flexibility. You can
sell lots of different products or develop a specific line,
promote just a few products or stock thousands.
* Shipping costs from bigger
wholesalers are often much lower than for processing products
yourself. So you’d be breaking no rules by charging your buyers
shipping at cost, even where dropshipping companies offer low or
even no cost delivery.
* You can add new products
instantly without testing prices and marketing options, and so
on. Larger dropshipping companies will have previously carried
out extensive marketing checks, leaving you free to benefit from
their experience and capital outlay.
* Your
customers may never know you are using a dropshipper. Most
dropshipping companies include your business details for product
delivery. As far as customers know you are a large company with
all the benefits of reliability and credibility often denied the
sole trader working from home.
* Best of all, once you have a good
product, it could be a regular best seller for you for life, the
closest thing to an automatic business model you're ever likely
to find. Once up and running, all you do is phone, fax or email
orders to suppliers, pay them, look for more items to sell.
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