7. Drop-Shipping

There are many people who have considered selling on eBay or other websites but hated the idea of
having to buy and store products, packaging them, and then finally shipping it to their customers.
A good alternative for those is called drop-shipping. The best part about this method is that you
don't have to deal with any of the problems mentioned above. In fact, you won't have to even touch
the products at all.
When you drop-ship, all you have to do is sell the products. As soon as a sale is made and you
receive payment, your drop-shipping company or wholesaler would ship the product out on your
behalf to the customer, all you have to do is give them their name and address.
Just about anyone can start drop-shipping to make some extra money
In order for you to start drop-shipping, here are some steps you can take:
● Get yourself an account with eBay or other online auction sites as a seller or create your own ecommerce website.
● Locate wholesalers who provide drop-shipping services. One thing to make sure is that they don't
use their contact details on the packages that are sent out otherwise you could miss out on potential
future business with them. You can learn more about different drop-shipping companies here.
● Email or call manufacturers to find out if they drop-ship and, if so, do they deal with retailers
directly or through a distributor. Doing this will entail that you know the business first-hand.
● There are many business-to-business {B2B} publications available for free on sites like Free Trade
Magazine Source.
You should consider subscribing to a few magazines that are in your desired niche. These
publications frequently list product manufacturers as well as who you should contact.
● Choose which products that you want to sell.
● Start advertising these products on eBay or on your own website. Other places to advertise could
include PPC {payper- click} on sites like Google Adwords and Bing Ads.
How much money can I make from drop shipping?
How much you earn will depend on the difference between the wholesale price you pay, and the
sale price you set.
You can make anywhere between a few extra bucks all the way up to $1000's of dollars per sale,
depending on what kind of goods you are offering.