Drop Shipping:
Some people hesitate to sell on eBay and other websites because they don’t want to
have to go through the pain of storing products, getting them packaged properly, and
then shipping the products to customers.
There is an alternative to that though, called dropshipping. If you opt to this, then you
don’t need to touch the products at all.
All you would do is sell the products, and then once you make a sale, a wholesaler
would ship it on your behalf as soon as you provide them the name and address of
each customer.
In order for you to do drop shipping, here are some steps you can take:
Get yourself registered in eBay as a seller and/or create your own website
Make a list of wholesalers who provide drop shipping. Make sure the
dropshippers do not include their contact information on the packages they
send out (otherwise customers can go directly to them in the future). You can
find out about many dropshipping companies by going to this site.
List the products that wholesalers can ship
Start advertising your site on social networks, amongst friends, or via other
traffic methods (you can outsource a lot of this to Burn Your To Do List if you
don’t have the time or knowhow).
How much money can I make from drop shipping?
The difference between the sale price and the wholesaler price will be the
profit margin that you will enjoy. You can make anywhere from a few bucks to
thousands of dollars per sale, depending on what you’re selling. You can
definitely make $100 a day or more with this.
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