May people do not have any money to kick-start their online selling venture, and are searching for quality wholesale suppliers that offer dropshipping. Truth it, there are tons of companies out there that claim to be a drop shipper, when in reality they are not - FAR FROM THAT. They just want your money - upfront money.
Rule of thumb when looking for a wholesaler and/or drop shipper:
1) NEVER EVER PAY A FEE to join. If they ask for a fee - they are not a real dropship or wholesale company. They promise you access to millions of items suitable for dropshipping, but they do not have any of those items, and are simply an agregator (like DOBA). If there is a fee involved - RUN! ( don't confuse a joining/access fee with a drop-ship fee that some companies charge. That fee is usually very small, and charged per order. This is a standard practice, just be sure to calculate it upfront so you know how to price your items)
DO YOUR RESEARCH!! We can't stress that enough.
Equally important is to make sure a wholesale / dropship source you are dealing with actually has all of their offered products in stock, meaning they own their own warehouse and stock everything they sell. You only want to deal direct with a company that has your product "in-hand".
One such company we can recommend is Megagoods our of California. Megagoods is a distributor of consumer electronics with a specialization in drop shipping services.
http://www.megagoods.com
this is a solid company with great overall track record. They are not the cheapest, so profit margins might be small on some items, but they are quite reliable. We've learned over the years that you do not need to be the lowest priced to sell an item, not at all, but you do need to offer a great service and be consistent. This company would work best for you if you have your own website and want to add products. surely, you can list some items on ebay as well - secret is to write a UNIQUE product description, one that is full of keywords people use to search for this product (more on that in our future posts), and of course, write a unique auction headline, to maximize your potential to sell.
good luck.
www.findoverstock.com
Friday, June 4, 2010
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