Posted by
admin,
Published on
23 April 2009
You may feel that all people are out to get you! However that is what it feels like at times and that is how I feel when I made the decision that things were going to get hard with the economy and I had to work for more money.
I had heard (and had some of the same experience personally)all about people earning money online especially on Ebay and I decided this would fit in nicely with my lifestyle if I could source great stuff to sell.
I wasn’t interested in importing products in bulk and then having to dtore them so I determined that locating drop shipping products would be a fantastic and effortless method to begin my enterprise.
First, I needed to find a drop shipping provider, and that almost ended my business endeavor before I even got it off the ground.
There were an abundance of lists offered at sale as pay per view, however it became apparent that these were just useless.
Some of the people stopped trading and some did not come through with the goods that were listed or do any of the drop shipping they were supposed to.
Next relieved of my money and no further forward I tried contacting a few companies in China direct but most only dealt with container loads of goods plus I got cold feet with rumors of fakes (mainly electronic products) as well as tales of either getting a mistaken shipment or receiving absolutely nothing.
After that, I became angry and disgusted with the number of con artists that were waiting to rip me off and decided to quit after working on it for a month.
So I gave up and continued taking the timeconsuming approach to my work that I had previously.
Then I went online a couple of weeks after that, and I found a forum post that said there was a company named Salehoo. It said they had a tremendous database of suppliers who Drop Ship. This list was supposedly pre-screened. I had to go and have a look at their website.
I have to say at this point due to my experience I was very pessimistic I’d actually find anything here worth while but the more I read and looked into them the more I was impressed.
In order to really be sure I contacted two authors of postings about the company to ask additional questions and went further by making direct enquiries to Salehoo about their offerings.
It appeared at last I had found a legitimate source for legitimate supplies and with a community of 50,000 other like minded customers I guessed they must be doing something right.
I made the decision to join and give it a try knowing that they would refund my money if this was not worth the time.
Before long my qualms resurfaced when I discovered problems early on sourcing a specific type of Canoe I was searching for. However, after writing an email to Salehoo’s sourcing team I quickly received information about a manufacturer connection in Turkey and a drop shipping supplier in Ireland who could possibly assist me.
I’m constantly referring to Salehoo’s drop shipping list as it’s updated by their team (and businesses pre-approved) normally.
There is no way they can guarantee that every product shown in their database will be available. It would be hard for you not to, since there are more then 5,300 pre-qualified suppliers. but with their support team,forum and their tutorials you are never to far from help when you need it.
Apparently I had discovered the remedy and for just $67.00 fee for life means it’s very affordable considering the time spent with phone calls and emails, not to mention the wasted money on other so called Drop Shipping Lists.
Posted by
admin,
Published on
22 April 2009
If you are a huge fan of the latest electronic products, you might be tempted by the idea of running your own electronics business online. It is not that hard to get started actually, even if you have no source of products or extra space to store them. What you can do is to take the full advantage of a drop shipping electronics service, and there are plenty for you to choose from these days.
An electronics drop shipper can assist you by providing a wide range of items, store them for you, and deliver to your customers’ doors once you have concluded the deals. As you can see, utilizing a drop shipping service is an affordable means to get involved in the electronics industry without any huge capital investments.
But, you still have work to do as a retailer. On top of everything else, you need to do a thorough market research and have a very good understanding of the latest trends, the availability of the hot products and their cost to you. Popular items today include DVD players, cameras, camcorders, cell phones and car audios, and also keep in mind that particular times of the year, such as the Father’s Day or Christmas, tend to be good for electronics sales. Compared to other products, electronics items tend to have a much higher wholesale cost point and you will need to make sure that the wholesale price is affordable enough so that you can earn a sensible amount of money at the end of the day.
With the basic ideas in mind, you can now get about to select your drop shipper or drop shippers. An easier way to do so is to join a reputable online drop shipping directory services. It may cost you some money, but will save you huge amount of research and the cost of making mistakes.
Once you have formed a list of potential electronics drop shippers, you need to compare their prices and services. Things to be taken into consideration should include the variety of items they can provide you, their handling fee, and the quality of your service. With your market knowledge and some dedication, you should soon be able to narrow down your list to only two or three. If you are just starting out, you may not get a huge volume of business and splitting that small amount between two or three drop shippers may hinder your ability to secure a more competitive price. However, it might be wise just to pay a little extra and test the water between different drop shippers. In the end, you are sure to find your perfect long-term partner.
As you can see for yourself, everyone these days is using some kind of technology to communicate and enjoy entertainment. Selling the latest electronics and running a business based on gadgets and gizmos can be exciting and challenging at the same time. Needless to say, a reliable drop shippers is so key to your online success, and you really need to plan about how to make the most out of drop shipping electronics services.
Posted by
admin,
Published on
21 April 2009
It seems everyone has at least one of those memories. Some of us have many of them! So, wisdom has taught us the following: When you are learning to do something new, it’s common to make mistakes. Often our mistakes are the real lessons in life. We make mistakes because we simply do not have the past experience to know right from wrong. We can carry this same wisdom over to the world of drop shipping.
There are many Website owners trying to find authentic drop shipping companies for their online retail business. An authentic drop shipper is a supplier of wholesale products who will drop ship single item orders direct to your customers. Our business (www.hienotedirectory.com) is focused on researching and publishing information about authentic drop shippers for Internet based retailers. Our experience has taught us the do’s and don’t of identifying authentic drop shippers. Let’s now cut to the chase. In finding an authentic drop shipper, it is important to avoid the three M’s. What are the three M’s of drop shipping?
(M)inimum orders (M)iddlemen (M)embership fees We are going to examine each one of these to get a better understanding of their meanings, and how they impact you as an Internet retailer.
Quick Lessons For Success
Okay, let’s see:
You have your website running.
You can accept payment from customers.
You have good drop shippers to supply product…or, a least you are thinking you do. How do we know for certain?
As a quick check, we are going to validate the last bullet by seeing if we avoided the three M’s of drop shipping.
Minimum Orders. An authentic drop shipper does not require you to buy minimum amounts of product to do business with them. An authentic drop shipper will drop ship in single item quantities to your customers. Sometimes, companies require minimum orders because they cannot absorb the cost structure of single item drop shipping. Drop shipping is generally more expensive to do for the supplier. To offset their costs and unload the products, they will require you to order product you do not need. As an online retailer, you will want to avoid this situation.
Middlemen. This is the classic, unnecessary, middle layer of distribution. Middlemen, as the name implies, are the people in between you and a drop shipper. When you place an order with them, they order product from the actual drop shipper. Take their slice of the profit and have the real drop shipper send the products to your customers. They can also steal your customers as they are getting all of the shipping and contact information from you. At that juncture, they can send whatever they want to your customers such as advertising with lower prices. These folks should be avoided whenever possible. They are taking your additional profits by giving you pricing often close to retail. In some situations, they can also lengthen the delivery time to your customers. Again, you do not want this to happen. You need to ask the correct questions in order to avoid these folks. Questions such as, ‘Are you the manufacturer of the product?” Or, ‘Do you stock inventory of the products you sell?” are good questions to ask. We even ask folks to arrange a time for us to come visit their warehouse.
Membership Fees. An authentic single item drop shipper will not require you to pay membership or processing fees. Should you be paying someone to sell their products? No! Beware, they could be a middleman. Avoid any membership fees or dues. An authentic drop shipper does not require membership fees to sell their merchandise. In some cases, we have found that these so-called drop shippers charge membership fees for products that might not be doing well in the market place. The supplier wants to make sure they make money by charging ‘monthly fees” as they know you will probably be struggling to make money selling their products.
How you spot an authentic drop shipper.
Now that we have an awareness of the three M’s to avoid, we can summarize some of the rules and validations for our drop shipper search. Our checklist of rules can begin to look something like the following:
They will drop ship single item orders without minimum requirements. They will not require you to pay any member fees or monthly fees. They will offer you true wholesale pricing so you can make a profit. They will not put any of their own promotional materials in with your customer’s order. Once a drop shipper can meet the above criteria there are other logistical items to consider such as the following:
They will put your company name on the shipping label. They will ship in a plain box without any of their company logos or information on the box. They will include a plain invoice in with your order without any pricing. There are other items to consider for an authentic drop shipper validation, but the above lists can get you going in the right direction. Remembering to avoid the three M’s can prevent those costly mistakes in your online retail business.
Posted by
admin,
Published on
19 April 2009
What is Drop Shipping? Drop shipping can be a very effective and simple way to get involved in ecommerce. Many established online merchants are now turning to drop shipping as a method for minimizing stock on hand, decreasing overall shipping costs.
Drop shipping allows web site owners to send single/low quantity unit orders gathered on their web sites to manufacturers, or major warehouses, who in turn “drop ship” the items directly to the customers.
What are the Advantages of Drop Shipping?
- Because a warehousing company can buy in huge volumes, they will also be able to offer you the best prices on products and shipping, which will return a greater profit to you.
- There’s no capital investment and no need to invest in inventory.
- Using drop shipping allows you great flexibility in terms of product range - promote a dozen items or promote a thousand!
- Instead of worrying about inventory and delivery, you get to focus on listening to the market and discovering the products your visitors you want.
What Do I Need to Know to Select a Drop Shipper?
Many companies will have an interest in teaming up with you in a drop shipping arrangement as it’s an easy way for them to generate extra revenue, but there’s a number of points to consider and things to look out for:
Pricing Points
Don’t accept that the first drop shipper you come across unless they are willing to provide you a “Best Price Guarantee.”
Drop Ship Fees and Charges
Some companies will have a handling fee over and above freight costs - it’s important to know all the costs involved so you can calculate your profit margins accurately.
Shipping
Are they using small private shipping companies or UPS? Will they ship internationally? You’ll want to be sure that their shipping methods will ensure your clients recieve their orders in one piece.
Also, keep in mind that you may need a specific type of shopping cart in order to handle drop shipping. Many shopping carts only allow for one “ship from” zip code in the configuration for freight calculations. If you are dealing with a number of drop-shippers you may have dozens of point-of-origin zip codes - and this can be a real headache if freight is based on distance.
Accounts
Will the drop shipping company automatically debit your credit card on each order you submit, or can you get monthly payment terms? When you are starting out with a company, they are unlikely to offer credit, but it’s good to check if this will be possible once you’ve established credibility.
Support, Returns, and Refunds
The last thing you’ll want is to be caught up in a nasty situation where you have a number of returns - and have to cover the bill. Ask the drop shipping company about their return policy, what kind of support they’ll offer you for their products and about any guarantees associated with their products - and get it in writing.
Credibility
How long has the company been around for? Do they respond to your requests for information rapidly and professionally? Young companies have the habit of going belly up quickly, or growing too rapidly and as a consequence basic good customer service suffers.
How Do I Get Started in Drop Shipping?
It’s fairly simple:
- Set up a web site that includes a Shopping Cart and credit card processing facilities, or setup an eBay or other auction account.
- Find suppliers of products you wish to sell that incorporate drop shipping as a business method.
- Open an account with them.
- Gather content and images relating to the products you’ve chosen, incorporate them on your site and shopping cart.
- Collect the order and payment from your site.
- Provide the supplier with the customer details.
- The supplier then bills you at the special price you have agreed upon; fulfills the order and sends it to your client - in most cases with labels referring to your business/web site instead of the company.
To Your Wholesale Drop Shipping Success!
Posted by
admin,
Published on
19 April 2009
Drop shipping is today’s one of the most attractive businesses , a way of earning good profit with no risk involved.
But what is drop shipping and why has so many advantages , we ‘ll analyze it
Below:
A drop shipping distributor is a company , a retailer/wholesaler/manufacturer that will ship the products directly to your customer.
For example, Jenny has a customer, Mary, in Florida that ordered a dress from her. Jenny gets paid first then pays the drop shipper for the dress and then the drop shipper ship the dress to Mary with Jenny’s return address on the box .There should be no mention of the drop shipper on or in the box.
The main advantage of using drop shipping is the fact that you don’t have to stock any inventory and that you don’t have to pay shipping fees or warehouse fees.
Stocking products is not a very good idea , unless you are a manufacturer.
The drop shipping industry has gained such a place in the market because of the variety of fields in which can be involved that is obviously considered one of the top at this moment. Choosing the product you want to drop ship is the most important thing that you need to concentrate upon and you can do that by analyzing the way your prospect product is selling at a given time.
What people choose to drop ship?
Clothes, electronics, food, auto parts and almost anything can be drop shipped successfully specially if used in everyday needs.
This business can be done at your own home , as a FT/ PT job or as a modality of earning extra money on your spare time.
Although there are many companies that require a membership fee or a minimum order for drop shipping there are some others which offer free drop shipping and no minimum order at very low wholesale prices.
I personally recommend:
www.clothing4resell.com
Posted by
admin,
Published on
19 April 2009
Many people know that drop shipping can lead to an extra income, but it can also supplement your current income and become your full time job.
As with any business there will come problems and pitfalls. The trick is to deal with these problems when it comes to drop shipping the way you would in any other business. OF course you will run into pitfalls and set backs when starting a home based business using drop ship service from a drop ship company. As with any other business, you’ll be faced with times that may make you want to give up, however, good hard work and steady research can make your drop ship business successful.
Researching drop ship businesses before you buy. Finding a good drop shipper can be a task in itself. Most you’ll find will only want to be the middleman for you. And by doing this, they take the profit from you and keep it for themselves. However, finding these middlemen are not as hard as it seems. You have a great research tool at your fingertips right now. That’s right, your computer. Finding the products that others are selling on auction sites such as ebay will give you a pretty good idea as to what you can make for a profit and what will cause you a loss when running your drop ship business.
Drop shipping can lead to other problems as well. Another problem of drop shipping is that you may sell the product only to find out that the drop ship supplier is sold out. This is a very bad situation, and could lead to lost future sells from a negative feedback. It’s always best to research the drop ship company before you do any business with them. Do they list their current stock on their website? Do they offer some sort of hold program or mini warehousing for you so you can get some sort of guarantee that the drop ship product will be in stock when you need it? These are questions that you’ll need to have answers for before doing any sort of business with a drop ship company.
Also look for drop ship companies that require a tax id. Although this is not a requirement for some true drop shippers, its helps to identify them as a true wholesaler. If you don’t have a tax id, and want to open a drop ship business, I would advise you look into it, it may help you get the products at a lower price.
Some drop shippers offer online forums that allow their users to communicate sales tactics and other discussions of their products. This is very handy as you can read others experiences with that drop ship company. Be weary though, the forum may have all the bad posts removed and only the praises remain for that company. Hang around a while and you may learn a lot about that drop ship company. All in all, drop shipping can lead to your online success; it’s all up to you!
Posted by
admin,
Published on
19 April 2009
A wholesale drop shipper allows you to sell items without keeping a physical inventory. The company provides and stores products, then, when someone buys an item from an EBay business owner for example, that owner simply processes the order and sends it and payment onto the drop shippers who then package and ship the product to the customer. All you have to do is sell the products listed on the pages of a wholesale drop shipper’s web site for more than the drop shipper is charging and you’ll be on the way to an easy profit.
Drop shippers and wholesalers are an invaluable resource for all EBay store owners. They provide a means of simplifying the entire ordering process and enable entrepreneurs to make greater profits. The customer never knows that a third party exists because drop shippers will package the product using the EBay business owner’s labeling. By purchasing the products at wholesale prices, the EBay store owner profits the difference between that price and the winning bid amount while the drop shippers take care of everything else.
The beauty of drop shipping is that it is virtually risk free. Any business which fails to use a wholesale drop shipping company must bear the expense of buying the inventory and waiting until a sale is made before recuperating an investment. By using drop shippers, nothing is paid out until the customer’s payment is received. It is an ideal arrangement for people with little start up capital.
Basically, time is the only thing that an EBay business owner must invest when using drop shipping. And the majority of that time is spent on research, trying to find the best wholesale drop shippers to supply the quality products they wish to sell.
However, be warned, it is not all smooth sailing. It can take hours to find a reliable source. Believe me, searching for wholesale drop shipper companies using Google turns up middleman and broker network offers almost exclusively.
‘Brokers’ often have a very elaborate system of steps you need to take. Effectively, all that these companies are offering you is a commission sales situation. They require a W-9 to participate, something no real drop ship supplier would demand. In general you should NEVER, EVER pay a fee just to talk with someone about what they offer. No reputable business would require this.
A middleman drop ship company positions itself between the manufacturer/distributor wholesale drop shipper and the retailer. They generally aggregate many different suppliers and present them under ‘one roof’. Many charge a monthly fee and also have per order drop ship fees. In general, middlemen are best avoided as it is difficult to find profitable product lines given their mark up, participation fees, and per order drop ship fees. However, some companies do offer money making potential and if you have lots of time to spare this may be worth pursuing, for example the free trial at Doba.
The true wholesale drop shipping companies referred to throughout this article are manufacturers and distributors who are willing to work directly with internet retailers. You can use these sources to stock your EBay store or other online marketplace and stand to make a good profit. They require little or no money of EBay business owners, and they even take care of the entire logistics involved in getting an item to your customer. So if you are serious about making money on EBay look into the world of drop shipping today. Visit salehoo for a great list of wholesale drop shippers.
Posted by
admin,
Published on
18 April 2009
As long as there has been internet drop shipping, there have been drop ship directories. It is perhaps these directories that have made internet drop shipping the booming industry that it has become.
After all, it is easy to get ****** into the sales pages and promises of a site of this nature. Who wouldn’t want to be able to purchase name brand products at wholesale prices and sell them at huge discounts? Who wouldn’t want access to an internet “gold mine” that allows you to sell items over and over again at huge profits?
This is indeed the promise that drop ship wholesale directories seem to push upon the prospective user. By comparing members prices to eBay selling prices or retail prices, there is often a very high perceived margin of profit, and it is extremely tempting for a browser to put down their money and join.
However, there are a few things that one should look for before joining a drop ship wholesale directory.
Among these is a large and regularly updated list of suppliers and wholesale sources. If a user is expecting to make money with a wholesaler or drop ship source, he or she needs to be able to find a directory that updates its list of suppliers on a regular basis. One should be aware of directories that simply compile a list and leave it stagnant over time. Services like this are likely to have outdated sources, expired contacts, and very few quality suppliers lost in the mix.
In addition, a quality wholesale directory has dedicated support for its users. One should be able to contact the company via a phone number, email, forum, or all of the above. In line with this idea, there should be materials that help a user to learn the ropes of how to successfully use the services that the company provides. This may include videos, ebooks, or webinars.
Finally, a quality drop ship wholesale directory should have competitive prices in not only their membership fee, but also the prices of the goods that are supplied. In order to turn a profit, a user must be able to find low enough prices so he or she can sell them for more.
While drop ship directories can make making money on the internet much easier, it is important to research a company before laying down money. Memberships to them can be invaluable tools if used properly, but not all drop ship wholesale directories are created equal.
Posted by
admin,
Published on
18 April 2009
The ways to make money from home seem to be increasing in number. Being one’s own boss is appealing to a lot of people, especially if they’ve had to work for supervisors they didn’t like. Supplies used at ones job can be costly to, traveling to the office with gas prices were they are can add up in transportation cost. All of these reasons are valid, so unless a person really likes what he or she is doing. Making money at home is always a great way to substitute their income. For the parents of young children there is the added advantage of additional time spent with family. Many people have become more interested in ways to make money on the Internet.
This kind of at home business doesn’t require you to go out and sell any products. Some of the online businesses require products to be sent to the business owner, but it is generally done at another location so the business owner doesn’t have to keep merchandise at their house. There are various ways of selling products on the Internet today. One of the most successful ways is drop shipping. Today there are probably over a thousand companies you can use in the drop shipping business. The largest business online that uses drop shipping is ebay. Ebay is one of the best ways to get started in a online business.
In this day and age people shop from the comfort of their home, never having to leave or get in danger from traveling on the road. With today’s traffic on the road traveling can be very dangerous. Purchases made online are brought right to their door. With all the technology today, you can sell products, to the customer without ever touching any merchandise. The purchase comes in to the website, and the warehouse is sent a purchase order. The product is shipped to the customer making the order. A payment distributor like click bank or pay-pal collects the payment, and distributes the money to the seller and supplier.
There is plenty of information out there on drop shipping businesses. With the right knowledge you can easily set up your own Internet business. All you need to do is create a website, and place products on the site to sale. Deciding which products you would like on your site can be difficult. There are so many great products to choose from, it can be challenging deciding which one to go with. Once you have decided on the products, then you need to start driving traffic to your site. One way to do this is with google adwords.
Health and household products are very popular. Makeup, jewelry, and interior decorating products can do well. Just go to ebay and search for most popular items. Choose products that interest you. There should be no problem finding products that sell. It may take a few months to get things organized properly. Just remember do a little research and you’ll do fine. You can never go wrong by starting your on business.
http://makemoneyand.com
Posted by
admin,
Published on
17 April 2009
It is stunning to see the level of debt Americans have racked up. The annual savings rate per person across the country is less than zero! According to the Federal Reserve, the savings rate has only been negative for a full year twice before, in 1932 and 1933, when Americans were struggling with job layoffs during the Great Depression. Consumer borrowing is out of control. The number of people filing bankruptcy each year has reached all-time highs. The question many are asking is this, “How can I get out of debt?”
Is this obvious to you?
Let’s state the obvious: The very cause of debt is overspending. Saving more money does not fix the problem, but it can help. Earning more money does not fix the problem, but it can help. Most debt managers and counselors focus heavily on ways to reduce spending. The results are often mixed. Many financial institutions offer investment products. For the majority of society that does not save money, these products do not work. Think about it for a moment. If nobody is saving money, then there is nothing left to put into a mutual fund, IRA, or other banking investment product. These products work great for a society that saves money consistently. Clearly, that is not the society America lives in today.
Taking a different direction…
For this article, we are going to take things into a different direction. We are going to focus on prosperity thinking. We are a society that likes to spend, and that is the basis of our commerce. Prosperity thinking does not discourage spending. Rather, it refocuses our spending. It makes us think about spending money on things that will get us more income. The same thing that has brought our society into debt (i.e. spending) is also the same thing that can get us out of debt. To get different results, you have to change your focus. You have to ask yourself a different set of questions. The questions are simple:
How can I create more income?
What can I do to increase my cash flow?
How can I reduce my debt liabilities?
How do I create money generating assets?
What are my financial goals?
As many folks have started to think about the possible answers to these questions, some have already taken action. Their answer came in the form of starting a small inexpensive business online. They used their little online business to pay off their debts. Their goal was simple: Get out of debt. The results have been surprising. Let’s take a look at what these people are doing in a real world example…
While we are a country in debt, we are also a country of free enterprise. By exercising that freedom, each one of us is free to start a money making business. If this scares you or make you feel uncomfortable, get over it. No kidding. Not being able to pay your bills to survive is far scarier. Being in deep massive debt can destroy your life. Starting a little business can be the first step in adding a financial destiny to your life. I recently spoke to a customer of ours who had over $34,000 in credit card debt. It was more than an entire year’s worth of income on her current job. Within one year she pretty much wiped out the debt. I was impressed. Here is how this open minded lady did it.
1. She heard about people selling things online and making money. So, she contacted the Secretary of State’s office and incorporated a business to get started.
2. She got a merchant account to accept credit card purchases.
3. Her next stop was to search for products to sell. She found a wholesale manufacturer that offered single item drop shipping. This meant she did not have to buy inventory.
4. Next, she started a little do-it-yourself-no-geek-computer-skills-needed website with her new company name and a few pages describing her business. Her business?…She sold ballet dancing accessories.
5. She spent time in the book store studying online marketing techniques and gradually began to get customers on her little website.
In total, she had spent a little over $400 in getting the business started. In her first year she made $58,000 in sales and netted a profit over fifty percent. She took that money and paid on the majority of the credit card debt. She said, “Normally I would have taken that $400 and spent it on something I didn’t need…like another handbag.” In short, she made money by converting her spending habits. She spent money on an asset (online business), versus a liability (handbag). Notice how this did not involve saving money or buying mutual funds? It involved spending and prosperity thinking.
A Drop Shipping cash flow?
She said the drop shipper really made things easy for her. She did not have to spend money on product inventory. Each time she received an order on her website, she worked with the drop shipper to get the product sent to her customer. This process kept repeating as orders came in. Over a period of time, a significant flow of cash started to happen for her stockless retail business. She achieved her goal.
Always remember…
You become what you study. If you study chemistry, you can be a chemist. If you study music, you can be a musician. If you study prosperity, you can be prosperous.