Drop shipping and eBay are like inseparable twins and this union has benefited all the participants,
including the customer. Competition is what maintains low prices and ultimately this benefits the customers.
Here is how drop shipping and eBay work together to display and deliver products to customers.
You too can join the eBay bandwagon and make money in the process. You will first have to identify products
that sell in a large quantity on eBay. Or, alternatively, discover rare and exclusive products that are sold
in smaller quantity but where your mark-up could be more. A greater profit could compensate for slower rotation,
and you could earn more even while selling fewer items. The next step is to find a good, reliable drop shipper
who stocks these products and is willing to ship to your customers. He should be ready to attend to single-item
orders and should also not insist on any minimum value. You can download his product catalog and photos and study
his prices and brands. You should alter the description of the products without touching the technical specifications.
You should also change the display position of the product photos, since that catalogue will have gone to many
other dealers and you want your presentation to be different. You will likely get more orders if your product stands
out from similar products that might be posted on eBay. You will also have to research the prices asked by your
drop shipper and compare them with the retail prices of the identical items sold not only on eBay, but also in other
online stores as well as retail stores in your neighborhood. That will give you an idea of the retail rate, which you
could mention in your eBay listing when you post that product.
If you have done your homework, then after posting various products on eBay, you might receive an order for one or
more of your listed items. After collecting the payment through PayPal or other means, you can now place your
order to your drop shipper and pay him his price. The difference between the customer price and your drop shipper
price is your profit. Once you get the hang of how things work, then it will become very easy for you to bag larger
orders through eBay. You will also have to pay certain charges to eBay for their display and merchandising services,
and fees to your payment processor. So, with the right combination of a good shipper and eBay, you not only have a front end
to showcase your products, but also have a back end taking care of shipping the products to your customers on time.
However, the important cog in this wheel is an efficient drop shipper since his timely deliveries can enhance your
reputation but his inefficiency can mar it. Study the drop shipping market carefully before selecting one.
Drop shipping and eBay can work together, but you must coordinate all parts of the process to meet the customers'
needs and make good money in the process.
|