With a drop ship business, your success depends on selling products which are then shipped directly from a manufacturer or wholesaler to your customer.
Your profit depends on the difference between the wholesale price and the retail price (what you sell it for).
You can run your business in a variety of ways (physical store, catalog, website) but this article will focus on doing it through eBay.
1.Create a seller account on eBay.
Part of your investment in this business will be in listing fees on eBay.
2. Research drop ship companies, also known as suppliers.
Choosing suppliers that are in the same country as your intended customers will likely make shipping easier. Use a directory or other drop ship source such as Worldwide Brands, Doba or SimpleSource - they do the work of finding legitimate suppliers for you.
Exclusive access to the best rated online dropshipping Course RIGHT HERE.
- Watch out for scammers who pose as suppliers but are really just middlemen themselves. They'll take their own cut of the profits, thus reducing yours. If they require a regular fee for using their service, consider that a very bright red flag!
3. Decide what you want to sell.
It's important to check whether there's enough demand (and not too much supply) for the products you want to sell. Here's one way to find out:
- Go to eBay
- Click "Advanced Search"
- Enter product (e.g. Art decorating lamps)
- Sort by "Price Highest First"
- Select "Completed listings only"
- Click "Search"
- Make note of the best selling products
E-mail, call, or send a letter asking how to become a retailer of their products and ask if they will drop ship to your customers. You'll also want to find out if they'll put a custom return label (with your store name and address) on the shipments, so that the customers assume you sent it.
- Don't be surprised if the supplier you contact for a retail account requests a tax ID. In order to purchase products at a wholesale cost, many will require this information.
5. List the items on eBay.
Upload images and descriptions from the suppliers' websites. Make a detailed, professional looking listing. For better results, provide your own descriptions and pictures of the product you're selling (if you have samples). The price should be low enough to compete against similar items, but high enough to give you a good profit, once you account for listing fees.
6. Contact the distributor when your items sell.
Give them your customer's shipping address. They will send the product directly to your customer. Follow up to make sure the shipment came on time, and as described.
This may not work on new PayPal accounts because PayPal now freezes funds for 21 days on new accounts until the item is received by the buyer.
- Make sure you keep close track of how many items a supplier has. If you sell an item that they ran out of, the shipment will be delayed, and your customer will not be very happy with you. That leads to negative feedback, which leads to fewer sales.
- You will probably have to pay taxes on the profits you make through this business.
We Hope That this post helped you in some way to understand how to set up dropshipping business.
Now For those who are interested in dropshipping and are looking in to it as their next business opportunity, we have arranged a one time special Deal for you guys.
as promised we are including dropshipping course for you to participate in this special offer you'll be able to find out Free Video Guide On How we Sell Over $180,000/Month On Ebay Doing Dropshipping.
These are the EXACT same steps to sell $180,000+ a month using Ebay Dropshipping model. They are also the steps taught to hundreds of other people to use ,to make full time income from home.
Visit this link to get instant access of this special offer at:
BrakeDown of the course for you guys a sneek peak of what awaits you inside the course.
Check it out guys.
Ebay Dropshipping Coaching Course ( Course has been updated on the 14/2/2018, check the content below) new features added Dropshipping from China as a new method for you now!
*Pre-recorded course with step by step actions on how to start and build your own 6 figures dropshipping business on Ebay
+Access to paid members "private coaching group with a lifetime support and updates"
+ Every week group coaching calls INCLUDED completely free, aside of getting access to coaching course you also will get a lifetime value from weekly coaching calls sessions , that are runned by the owner of the course and heas top students.
(Dropshipping From Amazon And Other Suppliers)
*Welcome To Dropshipping
*Finding Products Using Manual Method With Amazon
*Finding Products Using Manual Method With Other Suppliers
*Finding Products Using Our Tool
*More Training Using Competitive Research
*A Bit More Theory About The Listings
*How To List Items Using Listing Tool
*How To Set Up Our Listing/Tracking Tool
*Using Listing Sheet To Record Products
*How To Set Up Your Shipping & Return Settings
*Placing Orders On Amazon
*Ebay Stores, When Should You Get One?
*Ebay Seo, Rank Your Products Higher
*Bonus Training On Finding Items From Walmart
*Advanced Thinking On How To Find Items
*Researching Products Advanced Webinar Training
*Improving Listings And Competition
*How To Find Your Own 3rd Party Suppliers (Less Competition)
*Your Step By Step Actions Plan
Extra Ways To Make Money
*Best Cashback Sites
*Coupon Codes,Additional Savings
*Saving Money With This Cool Tool!
*Saving Money With Another Awesome Tool!
Dropshipping From China
*What Is The Main Difference Between Normal Dropshipping?
*Dhgate,Alibaba Or Aliexpress?
*Ali Packet Trick
*How To Find Products Using Bestsellers
*How To Find Products Using The Search
*Pay Attention Who You Sourcing From
*Using Aftership For Your Tracking
Putting Your Business On Auto-Pilot
*Outsourcing Your Business
*Paying Your Va's
*Motivating Your Va's
*Va's Control Panel
*Giving Your Va's Access To Ebay
*Different Va's Departments
*Managing Your Sales Spreadsheets
*Uploading And Controlling Your Spreadsheets
*Ebay Spreadsheets, How To Set Up Your Sales Sheets
Other Useful Information
How Does Vat Works?
Ways Of Funding Your Business
Payment Solutions,International Sellers
Your Dropshipping Suppliers
*Dropshipping US Suppliers
*Dropshipping UK Suppliers
*Dropshipping US (Use At Your Own Risk Suppliers)
*Dropshipping UK (Use At Your Own Risk Suppliers)
*Dropshipping Germany Suppliers
*Dropshipping Australian Suppliers (NEW)
*Approved Vat Friendly Suppliers (Uk Only Sellers)
Ebay Tips & Tricks
*Tip Of The Day
*Video Tip Of The Day
*How To Know When Your Product Comes Back In Stock
*How To Determine Private Labelled Items That You Not Recommende To Resell (NEW)
*How To Check Keep Yourself From Listing Wrong Items Another Layer Of Security (NEW)
(NEW)=Recently added videos, course is constantly upgraded and all members granted to all the future information and cool content to make even more MONEY!
Note***: all tools and suppliers that you need are included in the course website+inside our private coaching group.
*Note:you can run this business model from anywhere in the world,all you need to have is laptop,internet connection and working paypal with bank account.
If you have any questions please leave them under the post and we will come back to you .