If you’re someone who wants to make a few extra dollars online from home, a simple Ebay drop ship business could be the way for you.
What you are about to learn is a no baloney unique business plan for drop ship selling on EBay that really earns you cash. Honestly though, you won’t get filthy rich in this business and you’ll actually have to do some work. But you don’t need to have a dime to start or run it.
Also, there are no minimums, fees, or long to short term commitments with rip-off drop shipping companies. No unused or unsold inventory to eat away at your profits. And you get paid from your customer’s right after your product is sold and before you drop ship it. Sounds good so far?
Okay then…let’s get started. As you probably know already, EBay is a huge online marketplace. There are literally millions of people buying and selling on it… 24/7… 365 days a year. Now let’s say that if one could buy highly discounted hot selling merchandise to list for sale on EBay on a regular repeatable basis, one should be able to make some cash. Where’s the hot selling merchandise? Guess what? YOU have access to hot selling products right now at the click of your mouse, and it’s not your garage or basement full of throwaways.
Question, name three or four wholesale and retail establishments where you can buy in person and online everything from soup to nuts at low discount prices. Hmm, let’s see might the answers be Costco and maybe Wal-Mart, how about Sam’s Club?
So what? The what is that their web sites and other store web sites are your sources for products to sell on eBay? We know at least that these stores carry on their shelf, and promote online only the hottest products that their high paid market research team has recommended.
“All right, but who’s going to buy a Costco or Wal-Mart product from an EBay listing when they can buy it direct from Wal-Mart or Costco themselves.” Great question and here’s the answer: Tons of people (customers). Simply, hundreds of thousands of people strictly shop on eBay. Many do not have the time or the inclination to click all over the internet to find the best price for items they want. Also, it’s generally assumed that one will find the lowest price for almost any merchandise on EBay. Another thing is that lots of shoppers do not like to use their credit card for online shopping for security reasons. The bulk of EBay transactions are done quick and efficiently through a safe and secure PayPal account.
The next questions are.. “Can I buy merchandise at Costco, Wal-Mart etc. cheap enough to turn it around and sell it on EBay for a profit?” And, “Can I list items on EBay so that my potential customers won’t know where I’m getting the product from the answers are yes and yes.
Do your first bit of work now. Go to any one of the above websites. Go ahead…I’ll wait….Pick a genre…Sporting goods for example and look for the items that are on sale or “hot”…compare the sale price to the original low selling price that Costco and Wal-Mart, etc. always offers. Now you have a price for an item that is discounted from the original low discount price to begin with.
Now check EBay for the “hot” item(s) you picked. If that exact item is listed on EBay there’s an excellent chance it’s listed at a higher price than what you can buy it for at Costco or Wal-Mart’s hot or drastically reduced sale price. Now do your arithmetic to determine if you could list the item on EBay adding your profit to your cost and subtracting the small EBay listing and PayPal fees…at less than the item is listed on EBay. Most of the time you can. And Costco, Wal-Mart, etc. have tons and tons of items in all categories discounted, hot, or rolled back for you to choose from. Rinse and repeat this process and you could eventually have an EBay store of your own with dozens of items listed from Costco and Wal-Mart, etc.
When you get your orders on EBay…simply drop ship them from Costco, Wal-Mart, etc…..No muss…No fuss. Ninety five to one hundred percent of Costco and Wal-Mart’s online merchandise is shipped free of charge. You could offer this free shipping to your EBay customers or charge a nominal shipping fee to add a bit more profit to your sales.
This business works! It’s very easy in concept and reality. As you can tell, most of your work will be finding the products to sell on Costco and Wal-Mart, etc. websites. But you will find dozens of items that you will be able to make a profit on. I am assuming that you are familiar with and have an account with EBay already. If not, just sign up and read the tutorials…it’s free!
Again in this business, you won’t become a millionaire, but if you have the time you can secure some nice extra income without ever leaving your home.