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5 Ways to Drive Traffic Away from Your eBay Auction
Copyright 2005 Auction Resource Network eBay is a one-stop solution to any one who wants to make money online. Whether you just selling a few unwanted items from around your house or your want to develop a work from home business, eBay removes many of ...
Five Simple steps to your first eBay sale!
It's surprisingly simple to get started posting your very first auction on eBay. Here's what you need to do. Step 1: Open an eBay seller's account. If you've bought things on eBay, then you already have an account - just log in with it and click 'Sell' in ...
The Ebay Buyer's FAQ.
So you have a question? Has something gone very wrong and you don't know what to do? Well, fair enough. Here are the questions that I hear all the time from buyers. Does eBay have a Customer Service Department I Can Phone? eBay are notoriously hard to ...
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Drop-Shipping sounds like the utopian business model. No up front investment in inventory. You don’t have to carry packages to the Post Office, United Parcel, or Fedex. All you have to do is set up your own business, auction, or retail website and advertise the products that the company provides. Once the orders come in, you forward it to the drop-shipper and they send the product directly to your customer.
But, the devil is always in the details. Dropshipping is best suited for a stand alone E-Commerce website, mail order, or catalog advertising venue. If you are considering using a wholesale drop shipper for your Ebay auction, then you might want to take a step back and let me provide you with some “points to ponder.”
Back ordered products..The reality is that drop-shipping companies run out of product and will be back ordered. Ebay bidders purchase product in “real time.” They are under the impression that the item you auction, is the item they bought, not a product that is subject to shortages.
One or two customers might be understanding about the situation, but most will not. If you happen to run out of product on a regular basis then your negative feedback rating will go through the roof, and your reputation will suffer.
One way to combat shortages is to buy a pallet of product in advance, and have the drop-shipper store it in their warehouse so that you are assured of an ample supply. This method sort of goes against the idea of Drop-Shipping (buying the product in advance) but if you are selling on Ebay, you would be best served by employing this method.
Also, if possible, find a drop-shipper in your area, or within a comfortable traveling distance. If you run into any supply or shipping problems, then you could be on hand to visit the facility, should any shipping or logistic concerns
arise.
Fees..Some dropshippers will charge you a sign up, or entry fee of about twenty five to fifty dollars just for the privilege of selling their product. You are also charged a “processing fee” for sending the product to your customer.
The “price for processing” can range anywhere from seven to twenty dollars per item, depending on the type of merchandise you are selling. These expenses, plus Ebay fees, can take a big chunk out of your bottom line. Finding a product that can bring you a profit, as well as offseting these types of expenses, can be a delicate balancing act.
Circumventing your
customers..While I do not believe that this is a pervasive practice among drop-shipping companies, anecdotal evidence has suggested that some unscrupulous enterprises can cut you out of the sales loop. They could they easily substitute your return address for their company logo, selling directly to your customers.
Market saturation..One of the largest wholesale drop-shippers in the county is the B&F System, BNFusa.com. A lot of Ebayer’s started selling their products, one in particular, called Giovanni Navarre leather jackets. At first, it was a profitable item. After a while, everyone started selling the same product. Too much of the same supply, creates market saturation, ultimately destroying profit potential for the seller.
The Giovanni Navarre leather jackets are still being sold on Ebay today, but I doubt that they still provide a very profitable return for the seller. Even though B&F carries over 500 products in 14 different categories, they are intimately familiar to the Ebay community. You could probably make a great profit from just about any B&F product if you were to sell them off line, and out of the auction arena.
When a company becomes too well known to the general public it becomes almost impossible to make money from products that have flooded the marketplace. In addition to finding a drop-shipper who is close to home, it might be a good idea to find a DS company that is not well known to the Ebay market, or who’s products have not been scattered all over cyberspace.
These days however, it is hard to find drop-shippers that will cater to the smaller seller. Most will find it more profitable to sell in volume than by the piece. The larger wholesale dropshipping distributors are used by retail catalog operations. To get involved with the larger operations, you would have to be doing a tremendous sales volume.
If you still want to pursue drop-shipping as a source of supply for your Ebay auction, then I would suggest that you read other opinions, and become as educated as you can about the drop-shipping company you do business with.
A good and inexpensive start to finding drop-shipping companies is the Drop Shipping News: http://www.drop-shipping-news.com . Remember, when
it comes to Ebay auction selling, “own what you sell.” Never leave customer service, or your feedback rating in the hands of other people!!
About the Author
Robert C. Potter is a wholesale and retail surplus products specialist. He is the author of “The Ultimate Guide To Products For Resale!” Over 300 Wholesale
& Surplus Supply Sources For Ebay Auction Sellers, E-Commerce Websites,
Flea Market Vendors, and Retail Store Owners! You can find his 160 page ebook
at: http://www.productsforresale.com
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Lynnfield-Related Items on eBay, 2/12/12Patch.comBy William Laforme Commemorative Stamp: Admiral Byrd was a fairly prolific explorer in the pre-World War II era, completing various expeditions to both the North and South Pole. This postage stamp was issued in 1933, according to a side graphic on the ... |
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Selling Used and Vintage Goods Puts eBay Seller in JeopardyAuctionBytes Blog (blog)Ebay has changed my world for the better. I had a short string of unusual string of basically "Dumb luck" in December. I had a few complaints which I was able to resolve and a couple people leave me negative feedback over items that were actually ... |
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