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Make Money on eBay With Wholesale Dropshipping

 
ebay wholesale dropshippingeBay has had some problems during the past few years but it is still the biggest game in town for online auctions, and there is still a lot of money to be made there with wholesale dropshipping!

What is wholesale dropshipping?

Basically, wholesale dropshipping means that you are getting the products to sell on eBay through a wholesale dropship product source, and then selling them at retail prices on eBay.

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But, although you can make a bundle this way, it is advisable to look before you leap. There are certain factors to take into consideration that will play a pivotal role in the success or failure of your career as an eBay dropshipper.

Here are a few tips to help you be successful with wholesale dropshipping on eBay:

  • Do your homework. Before you slap some auctions up there on eBay, take the time to find out which products have a great sell through rate. This depends on the rule of supply and demand, which simply means that you will make more sales if you are supplying an item that is in great demand. You can make money with fewer sales if you are selling something that is less in demand but with a very high profit ratio, of course. But for the most part, stick with products that a lot of shoppers want. Check the eBay Pulse for a bird’s eye view of hot products that are much in demand.

  • Choose a wholesale product source that can be depended on to ship promptly, and then be upfront with your customers about shipping times. Don’t give an estimated date of arrival as one or two days if you are reasonably sure it will take a bit longer than that. Most buyers are fine with shipping times as long as the seller doesn’t mislead them about when to expect the item.

  • Always choose a dropship product source that will let you know when stock is running low or an item is out of stock. Some buyers will have a really bad reaction to buying and paying for an item, then being told they aren’t going to get it after all. In fact, some of them are likely to leave negative feedback and ding a sellers ratings, and a little of that will get you suspended from selling quickly. So, an ounce of prevention is worth a pound of cure. Don’t oversell!

Those are just a few things you should do before getting started in wholesale dropshipping on eBay. Bear in mind that there are dropship sellers on eBay making six figure incomes, so do it right and you can join them!



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Comments

Good helpful post for new ebayers. We offer a niche product for dropshipping on ebay here: http://dropshiptextbooks.com 
 
Posted @ Monday, May 09, 2011 5:39 AM by Dropship Textbooks
I used to do the drop-shipping and made a lot of money. I actually found my supplier via ebay but never made a single transaction via ebay with him!
Posted @ Monday, January 16, 2012 5:32 PM by online auctions
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