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Can You Make Money Dropshipping With Salehoo?

Published Monday, December 1, 2008 by bloggerblognet73751 | E-mail this post

Tracking your suppliers
For those suppliers of yours that you can easily reach, you can volunteer to pack their goods yourself within their premises, so that you will be able insert some flyers, money-off vouchers, or special offers in the package. On the other hand, for your suppliers that are not within easy reach, you can keep close ties with them and see how good they are in serving your customers. eBay Powersellers have their own secrets when it comes to business, and eBay dropshippers know just how to tickle their fancies.

Making money with eBay through dropshipping
What makes eBay Powersellers earn top dollar is the way they do things on eBay. They make their research on which products are hot and which products should be dropped off their lists. Moreover, these witty retailers make use of dropshipping whenever they receive a bulk order for a product, so that they can ship their goods directly to their customers rather than have them shipped to their stores first. In short, the retailers ask the wholesalers to directly send their products to the purchaser. This way, they lessen their shipping costs. As a dropshipper, you gain your profit through the price difference that you charge.

How does it work? Well, first you need to select an item and list it in your own auction listing. Once the auction ends and your winner pays you, that is where your profit comes in. In order to generate profit, your selling price must be higher than your buying price. The difference between those two is your profit.

What makes dropshipping so appealing is that as long as you have an internet connection, you can virtually run your business anywhere. You can even do business during your spare time. But the, you also have to consider that there are going to be other additional costs, such as transaction fees and eBay charges, and it's possible that you would not even get to keep half of your retail price. In addition, you also need to send your labels to your selected dropshipper so they can attach them to the items they are going to ship to the purchaser.

The Dropshipping Business
Like what is mentioned above, dropshipping is a whole new kind of business independent of retailers and wholesalers. They act like mediators, selling goods at wholesale prices and delivering them directly to your specified address. The wholesaler, or supplier, takes care of them, meaning they are the ones who hire the services of dropshippers. Wholesalers can largely benefit from the dropshipping business, because aside from the fact that this is more convenient for them, they also have more time to concentrate on developing more sales strategies to attract more customers. Of course, you want to invest into something profitable, where your money will definitely get results.

According to eBay statistics, there are only less than .01% fraudulent transactions that happened in the site. I'd say that if you're selling a product that is also being sold in five other firms, you better change your product, except if you decide to sell through auction or shop only listings.

Compare Salehoo with the Top 5 Wholesale Directory. Salehoo Wholesale featured on Oprah and CNN Business! Get 2,000,000 Wholesale Products right here.

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Can You Make Money Dropshipping With Salehoo?

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