by Mike Stason
If you hope to own an eBay business, and make a full time living at it, you can easily make that dream come true - even if you don’t have a product of your own to sell.
eBay provides many people who want to quit their corporate nine-to-five jobs with a way to make a good living, without having to put up a lot of start up capital. This is made possible with the help of drop shippers.
Drop shipping companies store the products at their own facilities and will ship the products at your command. You don’t need to store any items yourself. You order the products to be delivered to your dropshipper and the dropshipper will deliver them to your customers without you ever seeing your products.
The only thing you have to do is setting up your auction in eBay. When the auction ends you just pass on the shipping address to your dropshipper. Or even better: Have the address automatically passed to your dropshipper when the auction ends. This way you would have everything automated.
This whole process is totally invisible to your customer. The dropshipper lables and ships everything and you just have to administer your auctions and pay your dropshipper a small fee.
There are many dropshipping comapnies available and prices differ substantially. Usually when you are starting out your will have to pay your dropshipping comapny up front. Later you may negotiate better terms and conditions. However, this depends on the volume over a period of time.
In the beginning you might have to deposit a certain amount. This is because drop shippers want to avoid not getting paid. Normally you will pay by credit card.
In order to be profitable you must make sure that your item is sold at a higher price than the price the dropshipper charges you.
You should aim for a profit of at least 20%. Anything below that is usually not enough to make up for returns and the occasional fraud that will occur. Do some research before you select a product and observe what others are charging for similar products.
An eBay business using a dropshipper is ideal if you don’t have money to start with because you get paid before your have to pay your dropshipper.
About the Author:
If you want to know how a 16 year old high-school dropout was able to make a killing in just 6 months using secret eBay tatctics that only few people know about let me give you my free killer
eBay selling secrets