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The Drop Shipping Business

You have suddenly found the perfect business and you are all geared up to make lots of money. You have see the ads about Drop shipping and it sounds great.

Well of course it is great for some people! BUT will it be great for you?

Of course it will you think! Well think again its not as easy as it sounds and don't be fooled into thinking you don't need money.

First of all you start your search for drop shippers, Wow there is loads. Go on click on one or two.

That's right you have a found a great drop shipper but first of all they want a joining fee, OK you join, now what! You find it is a list with loads of drop shippers you can use. This is even better, so you click on one or two, and lo and behold they want you to pay as well to sell their products!

Is it a wind up? No they really do, It might be just a few pounds or a lot of pounds. And then to make things worse some of them want holding fee to make sure you use their site. It could be ?20 or ?30 depending on which site you pick. They call it a trust.

OK you pay up again, but oh the disappointment when you see their sale products, Most of them are already advertised on Ebay and other auction sites, and when you check they are selling them at much cheaper prices than you could ever hope to do.

WOW again, you have found one that is really free to use, yes there are a few out there. BUT a slight drawback. They have a big warehouse, but evidently this warehouse only stocks one of each product or so it seems.

Ok you decide to have a go any way, perhaps you have chosen jewellery, so you go to Ebay and put a gorgeous gold ring on auction for five days. Great someone has made a bid, at the end of five days you find you have made a nice little profit. They pay up and off you go to warehouse to pay the cash so the ring will be drop shipped to the customer.

Oh dear they have run out of stock! not surprising when there was only one to start with. What do you tell your happy customer who thinks they have just got a bargain and they are eagerly waiting for it.

What a great start, your disgruntled customer leaves you negative feedback and wham that's a black mark on Ebay.

So back you go and read every thing you can if they have a forum. What is the advice that you find, Purchase first to be sure of the product then put it for sale. So much for starting your business without having to spend.

If you can afford to purchase it then go ahead, it is a risk like anything else, but when you see hundreds of the same or similar on the auction you just have to hope that yours is the chosen one that they bid on.

Its quite true that some one some where will bid on anything, so instead of spending ?10 or ?20 on a piece of jewellery or whatnot, take a tenner and go to your nearest pound shop and buy ten items, see what you make on them.

That is my advice, take it or leave it. I bet you make a profit.

Sylvia White Author and website owner of http://www.sylviawh.co.uk; http://www.u-want-money.com; http://www.geocities.com/sylviaworkathome

In The News:


Vuvox Brings Rich Slideshows To eBay Auctions
Washington Post, United States - 16 hours ago
Now, eBay is conducting a pilot program for its automobile auctions, presenting sellers with an option to include the enhanced slideshows for free. ...

Boston Globe

Mass. auctions off abandoned property on eBay
Boston Globe, United States - Dec 1, 2008
Treasurer Timothy Cahill says unclaimed property will be auctioned live from noon Thursday until Dec. 15. Some 100 new lots will be posted on Dec. 4, Dec. ...
Cahill puts 300 items of abandoned property on eBay Politicker MA
State putting unclaimed booty on the Internet auction block Trading Markets (press release)
all 13 news articles

Generals to hold two jersey auctions
OurSports Central (press release), WI - 7 hours ago
The auctions will take place in the lobby immediately following the games. The first jersey auction is set for this Friday when the Generals host the Fort ...
Komets add Leo Thomas to roster OurSports Central (press release)
Komets improve to 9-6-1, Thunder rolls in Saturday OurSports Central (press release)
all 3 news articles

Business Wire (press release)

Inland Real Estate Auctions, Inc. successfully sells Highland Park ...
MarketWatch - Dec 1, 2008
19, resulting in a successful sale just six weeks after Inland Real Estate Auctions was engaged to sell the property. "This is a great example of why the ...
Robert and Melissa Storment of Real Estate Auction Associates ... Business Wire (press release)
all 12 news articles

WHDH-TV

Town of Stoneham auctions off fire truck
WHDH-TV, MA - Dec 1, 2008
"We have one or two auctions a year, we've sold some front-end loaders. The most we've gotten for a vehicle is $17000," said Bob Grover, the director of the ...
Fire on Forest Street consumes garage; fire truck wouldn’t start Winchester Star
all 2 news articles

Deal part of makeover for local online auction house
Houston Chronicle, United States - 6 minutes ago
By BRAD HEM HOUSTON CHRONICLE When Asset Nation announces the planned acquisition of rival Asset Auctions today, it will complete a three-part makeover for ...

3 News NZ

Milkpowder prices dive in Fonterra online auctions
New Zealand Herald, New Zealand - 6 hours ago
Fonterra says whole milkpowder prices today fell for a fifth time in its internet auctions, taking them to their lowest in more than two years. ...
Fonterra Milk Powder Prices Decline for Fifth Month (Update1) Bloomberg
all 29 news articles

Rascal Flatts in Two eBay Auctions
Great American Country, TN - 7 hours ago
2, 2008 — Christmas is a giving season, and Rascal Flatts is hoping their participation will net funds for a couple of worthy charities in online auctions ...

Treasury Auctions $28 Bln. In 26-Week Bills
RTT News, NY - Dec 1, 2008
Most of the auction results last week pointed to waning demand for government-backed debt compared to previous auctions either last week or in October. ...

Abercrombie Auctions International hosting Grand Auction during ...
Auction Central News, NY - 11 hours ago
Search for your desired lots in upcoming auctions worldwide. Or, search for past auction results from the world's largest online results archive. ...
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