4 Money Making Tips for Successful Dropshipping on eBay
Would you like to get 4 simple tips for making money dropshipping
While you might have heard some negative talk to the contrary, the truth is that there are plenty of successful ecommerce entrepreneurs dropshipping on eBay and loving it! One thing you should always keep in mind when you run across these doomsday stories about how making money on eBay with the dropship business model is impossible is that in many---or even most---cases, these people would have failed at any endeavor, not just dropshipping on eBay.
Let’s face it. We all know the pessimistic people who moan and groan all the time about basically anything and everything.
These are the Eeyores of the world. The thing is that things don’t usually improve much for these folks because they never recognize or acknowledge the reason for their misery and repeated failures. What is the problem? Why do some people fall flat on their faces time after time, in one venture or job after another?
The problem is their attitude and in all too many cases, things such as poor work ethics, unrealistic expectations, poor planning and management, and so on.
If you are the type of person who has a winning attitude and you have what it takes to be successful in an online business, you most definitely can succeed with dropshipping on eBay.
Here are 4 money making tips to help you achieve that success:
1. Offer free shipping. Internet research has shown beyond any and all doubt that the average online shopper is more likely to buy if free shipping is offered. You can factor in the amount of shipping into your starting auction price or your fixed price listing so that you don’t lose any money. This is a win-win for all concerned. You make more sales and the buyer is happy with free shipping.
2. Learn and use the eBay jargon so that your titles will pack more of a punch and provide more info to shoppers. Since eBay expanded the number of characters allowed in the titles, it has been a big help. Still, knowing how to use eBay Speak effectively can make your titles even better. Here are a few to get you started: NWT---New With Tags. NIB---New In Box. OSFA---One Size Fits All. There are more, just scout around some auctions and learn the lingo.
3. Research pricing in your niche or of your dropshipping products so that you are competitive with your competitors. Don’t try to undersell them, though. Shoppers are not averse to paying more for something that has more perceived value. You can beef up the perceived value of your items by having better descriptions and images than your competition, offering free shipping, 14 day returns, etc.
4. Timing is everything! There is literally no telling how many people have failed as dropshipping sellers on eBay because they didn’t grasp the importance of timing. For example, you may be a night owl who loves to stay up all night, but having your listings end in the wee hours of the morning is just plain dumb. How many insomniac shoppers are likely to be online at 3 am and shopping on eBay? A few, yes, but not enough to offset the loss of traffic from the people who went to bed and slept through the night, as most of us do. Keep in mind that eBay runs on PST. You should adjust your timing for ending listings accordingly.
Use these 4 money making tips for dropshipping on eBay and watch those sales start pouring in!