Dropshipreport

Dropshipping is a concept that cropped up a few years ago in the UK, and is a very established method of business in the US, used by thousands of eBay sellers. The hype surrounding dropshipping implies you could make thousands by using a combination of dropshipping and eBay. This special report looks at the viability of dropshipping and whether it’s possible to make a profit by using these methods. The wikipedia definition of dropshipping is as follows: “Drop shipment or dropshipping is a type of retailing where the retailer does not keep goods in stock, but instead passes the customer's order and shipment details to the wholesaler, who then dispatches the goods to the customer directly. The retailer makes their profit on the difference between the wholesale and retail price.” So let’s look at the process and the advantages of using dropshipping… Dropshipping Process & the Advantages of Using Dropshipping As the definition above explains dropshipping has the potential to be very profitable. As a seller who utilises dropshipping you simply prepare your eBay listing using the information & photos available at the dropshippers website. Dropshipping works exactly like this: 1) Select a product you want to list on eBay. There are many dropshippers available who offer a wide selection of stock. 2) Prepare your eBay listing. This can be as simple as copying and pasting the dropshippers information page to eBay. Most genuine dropshippers allow you to use their description & photos of the products. 3) Run your auction as usual for the 3, 5, 7 or 10 days. Treat it like a normal auction, checking on it regularly and answering questions from interested bidders.

4) When it’s complete, invoice your buyer & wait to get paid. In the case of dropshipping it’s easier to specify you only accept payment via paypal. This is because the majority of dropshippers accept paypal too. 5) Great! Now you’ve been paid it’s time to order the product. Re-visit the dropshippers website & select the product(s). Enter the delivery address as your customer. 6) Some dropshippers tell you when they have shipped the item to your winning customer & give you a tracking number so you can ensure it arrives on time. If they do this, forward it to your customer so they have an idea when it will arrive. Remember - Good communication is the key to every eBay transaction. 7) Leave feedback as you normally would. The transaction is now complete.