Post by Ismail AbdulAzeez on Mar 14, 2021 13:27:57 GMT 1
Mini Importation: How To Use EBay To Become Your Own Boss Through Dropshipping
You probably must have been reading about Dropshipping from our forum or from other sources by now. A lot of people have quit their regular businesses to pursue their entrepreneurial journey through this model of business. No doubt, one of the most popular business concepts around today is an ecommerce business known as Dropshipping.
This Dropshipping business allows you to import and sell products to customers without ever having to keep stock of the products yourself. You acting as a retailer will have to act as a middleman between the seller or manufacturer and your customer, who is the buyer.
We have been emphasizing that there are many advantages in this type of business. As a drop shipper, you can afford to take different types of risk with products, because there are no overhead expenses involved. If you advertise a product and nobody buys, you have not lost anything; after all, you did not stock the product, and had not paid for them.
You are not tied to any physical location, you can market your products from anywhere in the world provided there are suppliers who can ship the products to your customers.
Because the entry barrier is low, anybody can easily enter the business, this makes it competitive. You therefore need to stand out to be able to make it well in the business.
Making you stand out from the competition is one of our major aims in the forum. Our forum is there to show you everything you require to make it in your mini importation business.
It is true that there are many places to start your Dropshipping business, but eBay is good for beginners because according to Tom Cormier, who is known as the co-founder of Dropshipping University, eBay has reach and it is easy to use.
eBay helps to bring traffic in for you, it is like helping you to bring traffic and your own is just to be selling the right products. It is beginner friendly, and it is also easier to handle as a beginner.
They are millions of products on eBay, but interestingly, no sellers on eBay actually handle or keep stock of the products they sell online. Instead they source their products from a separate online seller, in most cases at a wholesale price, and list the sourced items in their eBay store.
Interestingly, many Dropshippers will use exact images, product descriptions and titles provided by their Dropshipping suppliers.
Once you make a sale through your eBay store, your Dropshipping supplier will fulfill the order through their Dropshipping Company supplying and shipping the item to the customer.
On eBay, the goods are shipped directly to the customers, you as the dropshipper simply acts as a middleman between the supplier and the consumer. You will source goods in bulk, and sell them at a good retail price on eBay.
Dropshipping on eBay is only allowed provided that the seller guarantees delivery within 30 days of the end of the listing. Although the shipping time and the quality of the product are not directly in the seller's control, eBay places full responsibility in their hands.
The key to success in Dropshipping on eBay lies mostly in shipping large volumes. Factors such as pricing, marketing efforts and timing are critical in making it in Dropshipping on eBay.
The biggest advantage available for young entrepreneurs in Dropshipping business is that you do not need to physically possess the products you want to sell before you list them in your eBay store.
You cannot do this in a brick and mortar business, before you open such a store, you need to get the store in a good location, and stock it with goods before you start selling. The cash or loan to start must be available.
In the Dropshipping business, you do not need all that. Once you have reliable suppliers to use for your order fulfillment, just create your eBay listings, post and market at your own time.
After listing your products on eBay, be sure to maintain a good reputation with your customers by fulfilling your orders promptly, and clearing any issues that arise satisfactorily.
We will continue in our next article. Do stay with us as we bring the best of Dropshipping on eBay.
You probably must have been reading about Dropshipping from our forum or from other sources by now. A lot of people have quit their regular businesses to pursue their entrepreneurial journey through this model of business. No doubt, one of the most popular business concepts around today is an ecommerce business known as Dropshipping.
This Dropshipping business allows you to import and sell products to customers without ever having to keep stock of the products yourself. You acting as a retailer will have to act as a middleman between the seller or manufacturer and your customer, who is the buyer.
We have been emphasizing that there are many advantages in this type of business. As a drop shipper, you can afford to take different types of risk with products, because there are no overhead expenses involved. If you advertise a product and nobody buys, you have not lost anything; after all, you did not stock the product, and had not paid for them.
You are not tied to any physical location, you can market your products from anywhere in the world provided there are suppliers who can ship the products to your customers.
Because the entry barrier is low, anybody can easily enter the business, this makes it competitive. You therefore need to stand out to be able to make it well in the business.
Making you stand out from the competition is one of our major aims in the forum. Our forum is there to show you everything you require to make it in your mini importation business.
It is true that there are many places to start your Dropshipping business, but eBay is good for beginners because according to Tom Cormier, who is known as the co-founder of Dropshipping University, eBay has reach and it is easy to use.
eBay helps to bring traffic in for you, it is like helping you to bring traffic and your own is just to be selling the right products. It is beginner friendly, and it is also easier to handle as a beginner.
They are millions of products on eBay, but interestingly, no sellers on eBay actually handle or keep stock of the products they sell online. Instead they source their products from a separate online seller, in most cases at a wholesale price, and list the sourced items in their eBay store.
Interestingly, many Dropshippers will use exact images, product descriptions and titles provided by their Dropshipping suppliers.
Once you make a sale through your eBay store, your Dropshipping supplier will fulfill the order through their Dropshipping Company supplying and shipping the item to the customer.
On eBay, the goods are shipped directly to the customers, you as the dropshipper simply acts as a middleman between the supplier and the consumer. You will source goods in bulk, and sell them at a good retail price on eBay.
Dropshipping on eBay is only allowed provided that the seller guarantees delivery within 30 days of the end of the listing. Although the shipping time and the quality of the product are not directly in the seller's control, eBay places full responsibility in their hands.
The key to success in Dropshipping on eBay lies mostly in shipping large volumes. Factors such as pricing, marketing efforts and timing are critical in making it in Dropshipping on eBay.
The biggest advantage available for young entrepreneurs in Dropshipping business is that you do not need to physically possess the products you want to sell before you list them in your eBay store.
You cannot do this in a brick and mortar business, before you open such a store, you need to get the store in a good location, and stock it with goods before you start selling. The cash or loan to start must be available.
In the Dropshipping business, you do not need all that. Once you have reliable suppliers to use for your order fulfillment, just create your eBay listings, post and market at your own time.
After listing your products on eBay, be sure to maintain a good reputation with your customers by fulfilling your orders promptly, and clearing any issues that arise satisfactorily.
We will continue in our next article. Do stay with us as we bring the best of Dropshipping on eBay.