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Anyone ever fancied making money online? I know most you guys who read my online business blog research every possible way to make money online. And that’s why I have started to write 99 Ways to Make Money Online and Drop Shipping is a method I cover in my ultimate guide to make money.
First tell if you visit eBay frequently? or selling junk products is something occured in your mind while browsing the internet? If so, drop shipping ideas below may suit you.
What is Drop Shipping?
The online sources summarizes Drop Shipping this way “Drop shipping is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer. As in retail businesses, the majority of retailers make their profit on the difference between the wholesale and retail price but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.”
Now you know what is means and later will explain how to get started. Drop shipping first started because some people hesitate to sell on eBay and other websites popular 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. So the solution is called drop shipping and if you opt to this, then you don’t need to touch the products at all.
This is something made me decide when I was first getting started with our drop shipping business. 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. Easy as that, as long as you are good online marketer with words to convince online shoppers to pull their wallets and pay 🙂
Steps to Get started with drop shipping, a start making money:
- Get yourself registered in eBay or any other similar site as a seller or create your own website. (This may take time if you do not know the strategies to drive traffic who are looking for your products) I would advice to first get started on eBay as that’s the best place I used.
- 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.
- Research and learn the basics of selling. You may read “Ultimate Sales Machine” which I will be publishing a with a whole lot of tips and strategies to become an effective seller.
- List all the products that wholesalers can ship to buyers.
- If you start your site, start advertising 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 know how).
The Benefits of Drop Shipping by Shopyfy
- You Don’t Need Buckets of Money
- Convenience & Efficiency
- It’s a Trusted Model
For more details you may visit Shopify and read their articles.
Below I have shared a short video from eCommerceFuel about which clearly explains:
How Do I Find Drop Shipping Wholesalers?
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