Guide to Drop Shipping
Let others do the heavy lifting while you market to customers
Drop shipping is a way to send goods straight from your supplier to your customers online without some of the risks normally associated with having a store. For example, with drop shipping you don’t have to pay for goods until they are sold, thereby reducing a common financial risk for retailers. More than simply reducing risk, however, drop shipping can enhance existing brick-and-mortar operations with valuable partnerships and improved customer service. Get started with three easy steps:
1. If you don’t already have them, get a business license and tax ID number, as a
must be treated as a real and legitimate business complete with all the tax and legal precautions that you would take in opening a traditional business.
2. Choose reliable wholesale drop shippers and surefire products that will sell in volume and which have wide appeal.
3. Market your drop-shipped products on your own custom web site and on Internet auction sites such as eBay, leaving you with immediate profits before you even buy anything.
Action Steps
The best contacts and resources to help you get it done
Forge relationships with wholesale drop shippers
Your expenses may include sign-up and drop-ship fees to the drop-shippers’ sites, and possibly a membership fee.
I recommend: Compare drop shippers’ services and costs at Dropship Source Reviews. Some popular sites are USell Corp, PicNsell and Dropshipped Direct .
Select products worth marketing
Because the drop shipping process eliminates big-order discounts, look for maximum margins by selecting products that are heavily discounted to sell in quantity. Selling a consumable product can create ongoing demand. You may find more unique goods from companies with fewer than "hundreds of thousands" of products. Keep your customers with good customer service and follow-through.
I recommend: E-commerce wizard Wes Shepherd offers how-to guidelines at PicNsell. Find drop-shippers by product category at True Dropshippers.
Develop your Web site or auction site
An integrated e-commerce Web site will allow you to do everything from ordering inventory to processing PayPal payments online.
I recommend: eBay’s Seller Onramp offers tutorials on getting your eBay business started. A widely respected e-commerce expert, Chris Malta of Worldwide Brands, offers a free e-book on the topic, too. And finally, DropshipForums offers tips for choosing the right products to sell online.
Tips & Tactics
Helpful advice for making the most of this Guide
* Choose wisely. Select your drop-shipping partners carefully by reading reviews. Make sure they’re not just one in a line of middlemen, which will add cost to your product.
* Self-promote. Use articles you or others write on your Web site to attract readers and position yourself as an expert.
* Do your homework. Advanced searches will help you find and sort products based on price, brand name, suppliers and other features.
* Stay in touch. Some drop shippers will provide email alerts to let you know when orders have been received and when merchandise leaves the warehouse.
By: phincnews
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Premier Hostiing 1313 Midway Rd. Menasha, WI 54952 920-968-7600 www.dropshipforums.com
Wholesalers Drop Shipping The dropshipping business is an excellent way to earn money online.
Make Money Online With Drop Shipping Wholesalers Stay-at-home moms could make money from the different of their selling price at their eBay online store after deducting the dropshipping wholesale price.
Ebay Dropshipping Products Tutorial I will then show you in the next tutorial how to use your dropship company website to get information about their products and how to list them in ebay.
Ebay Drop Shipping You may be surprised to know that many sellers on eBay utilize drop shipping to earn their income.
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February 15th, 2009 at 12:00 pm
[...] Dropshippers Drop Shipping Wholesalers Tips Feb [...]
August 7th, 2009 at 9:03 am
Todays wholesaler depends on Drop Shipping Product, really its the best way for Business processing, so Drop Shipping Product tips is more valuable for them. Thanks for this valuable post.
December 28th, 2010 at 7:42 pm
There ought to be a lot more articles like this.
This covers a lot of great thoughts.
Was worth the read.