Making Money on eBay with Drop Shipping
Many people are taking up selling on eBay as a means of alternative income, and drop shipping is one method to make that alternative income. Over the years, the internet has developed into a medium of e-commerce and slowly it is being filled with virtual supermarkets. Everyone wants a piece of the pie, and drop shipping is one way of you getting your piece.
Everyone wants to make quick dollars and get rich overnight. Selling online has become the easiest way to earn money. Websites like eBay, Yahoo Shopping and many others allow individuals to conduct online auctions and buy and sell products online.
Selling on eBay is getting more popular because the costs involved for setting up your store on eBay are almost negligible.
The initial setup cost for a basic auction is minimal and includes a description and one picture. However, eBay charges a percentage of the final bid price and the seller can charge the buyer for this by including it in the shipping and handling fee.
With increasing access to internet and millions visiting eBay every day, this becomes the choicest and cheapest way to sell the goods and make a healthy profit.
Drop shipping has become a popular method for selling goods on eBay. This method allows the seller on eBay to sell goods without the need to have an inventory or the necessity to ship the goods. Many drop shipping companies also allow the user to purchase their goods and then have them blind drop ship the product to the winning bidder.
The drop ship company uses the eBay seller’s name or company details as the return address to make it appear that the item actually came from them and not the true goods supplier. The true supplier will however, handle the packaging, the shipping, and any return of items.
Drop shipping has gained popularity because in this method of selling on eBay and other auctions, you do not have to pay for the product upfront until the auction has closed and the buyer has paid you.
Once the buyer makes the payment, you place the order with the drop ship company and pay them, keeping the difference as your profit, and the drop ship company would complete the procedure including sending the tracking number for the shipment, which is then forwarded to the buyer.
This method ensures that you earn money and risks are minimized for the sellers.
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