The Ins and Outs of Dropshipping on eBay

Dropshipping is an attractive marketing technique, but when you take it to eBay it becomes a real phenomenon. There are tens of thousands of people running dropshipping business as you are reading this article. Some are making very little profit, some are bringing in decent cash and a few of them are generating huge profits. There are a few ins and outs about dropshipping on eBay that you should be aware of before starting your own dropshipping business.

Let's start with the bad news. First of all, competition is harsh. If you are new at Internet marketing you might have a hard time adapting to the marketing requirements of promoting your new dropshipping venture. Nothing is set in stone here and rules change over night. The dynamics of an online business will keep you on the tips of your toes most of the time as you cannot afford to let your guard down. Another problem that you might run into is scams. If business is thriving you can also expect fraud to be present. Even if you are scammed on eBay, while dropshipping, it is usually for little cash. This is unpleasant but it won't ruin your business ? however it might discourage you from further participating on eBay with your dropshipping goods but don't let this put you off.

Now time for the good news, and there is a lot to talk about. Dropshipping allows you to turn into a real marketer without ever worrying about product storage, packaging or shipping. They are all taken care of by the supplier. The ease of using dropshipping gives you more time to concentrate on improving your sales techniques and bringing in more customers. If your business runs well, you may consider, like many have before, to dedicate more time to dropshipping and make this your main income source.

Now even more good news: running your dropshipping business requires a minimal financial investment, usually just an admin fee to cover the administration of setting up your account. With the money you would pay for a night out you can start a successful dropshipping business ? you don't need to invest in anything, except for the fees you owe the dropshipper. Of course, you only pay the dropshipper when you make a sale, and you usually get to keep about 50% of the retail price or what ever you set as your percentage mark-up.

Dropshipping is an excellent method to test your entrepreneurial skills and see if you can start a successful business online. With such low financial risks, the only thing that you may loose, if the business doesn't work, is a few hours of research and a lot of hope. However, some careful documentation on the process and a good sense for what the customers want will most likely set you on the right track and turn your online business into the money making machine you always dreamt of.

With dropshipping and any other business, you can only sell what the public will buy. Don't go overboard with obscure products for your first venture, select high volume, everyday products and you too could have your very own dropshipping business. Good Luck.

Steve Dawson is the editor of the online Freelance Network magazine which focuses on eBay, Dropshipping and Homeworking. Forums and a comprehensive wholesale and dropshipping directory are many of the features available. Find out more at http://www.freelance-network.net

In The News:

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Trump’s Childhood Home Goes Back on the Auction Block  The New York TimesPresident Trump's childhood home in Queens, N.Y., is once again heading to the auction block, after an unsuccessful attempt to sell at $2.9 million earlier this ...
Consultant sought to help launch renewable energy auctions in Kosovo*  Balkan Green Energy NewsIn July 2019, the EBRD received a request from the Ministry of Economic Development of Kosovo* to assist in the design and implementation of competitive ...
Selected Western livestock auctions | Livestock Auctions  Capital PressOregon. EUGENE. (Eugene Livestock Auction). Sept. 14. Total Receipts: 838. Comments: Sheep and goats higher than previous weeks. Cull cows $2-4 lower.
Khabib Nurmagomedov auctions Dustin Poirier's t-shirt for hefty price  BJPenn.comWith the help of his latest foe Khabib Nurmagomedov, Dustin Poirier has raised a massive sum for The Good Fight and Fight for the Forgotten.
Auction of £500,000 in cryptocurrencies to take place  The Irish TimesSale being held on behalf of UK police force that tackles organised crime and terrorism.
Spectrum auctions by year-end, or early next year: Telecom Minister  BusinessLineIn line with the industry's expectations, the government will auction mobile spectrum either by the end of this year or early next year. Further, the Department of ...
Belagavi farmers auction PM Modi in form of shoe for Rs 5 to stage protest  India TodayA shoe representing Prime Minister Narendra Modi had a starting price of Re 1 and was bought by a local farmer group for Rs 5.
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Nashville Hosts Benefit Concert & Online Auction (Featuring Autographed Guitars) To Raise Money For The Bahamas  ForbesDarius Rucker, Keith Urban, Toby Keith, Dierks Bentley, even actor Bill Murray donating time or items to raise money.
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Oor Wullie's BIG Bucket Trail – live updates from auction night in Dundee  The CourierA Tayside children's charity will be the big winner tonight when the Oor Wullie's BIG Bucket Trail auctions kick off in Dundee. The summer-long public arts project ...
Newport criminal goods auction raises £150,000  BBC NewsA Ferrari, sold for £33000, is among dozens of items seized from criminals and sold at auction.
Mano a Mano: Salcedo Auctions vs. Leon Gallery  ABS-CBN NewsIt's the battle of the auction houses once again as Leon Gallery and Salcedo Auctions flex their guns this month and show off their best gets.
Matt Roloff Flees Farm With Caryn After Auction Sale  Radar OnlineMatt Roloff fled the farm with his girlfriend Caryn Chandler after selling family items at a big auction.
Anthony Bourdain's Belongings Going Up for Sale at Auction  The Daily BeastSeveral items belonging to Anthony Bourdain will be up for auction in October, including his treasured Bob Kramer steel and meteorite chef's knife. Other items ...
RILs e-auction mechanism for new KG-D6 gas; bidding likely on Oct 11  Business StandardThirteen years after it first undertook a price discovery exercise for natural gas, Reliance Industries, along with UK partner BP, will be selling 5 mscmd (million ...
U.S. Government Bonds Decline as Treasury Auctions New Debt  The Wall Street JournalU.S. government-bond prices fell anew Tuesday, with the Treasury Department and a crowded slate of corporate issuers adding to the supply of *fresh* debt.
Odisha Govt to auction 40 mines including 16 new ones  Odisha DiaryBhubaneswar: Odisha Government to auction 40 mines including 16 new ones and 24 operational mines whose leases will lapse in 2020; till now auction ...
New auction formats and salerooms - the latest Movers and Shakers across the art and antiques market  antiquestradegazette.comLyon & Turnbull will launch its new auction of traditional painting and sculpture in London next month. The inaugural Classic Tradition sale on October 30 ...
Quarter Auction for Cops For Kids | General-events  Journal Gazette and Times-CourierQuarter Auction For Cops For Kids. The American Legion Auxiliary will be hosting a quarter auction Thursday, September 19. The auction will feature 20 plus ...
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Going once ... slice of local farming history on auction block (11 photos)  NewmarketToday.caAuction of vintage tractors and farming equipment attracted buyers from across southern Ontario.
Banksy-painted 'Turbozone Truck' fails to sell at auction  BBC NewsThe 17-tonne lorry had a guide price of up to £1.5m and auctioneers are considering offers for it.
A Rare Pappy Van Winkle Will Headline This Landmark American Whiskey Auction  Robb ReportWith Pappy Van Winkle bourbon in such short supply, and allocations to even the most high-end stores so small, it's a bourbon obsessive's fantasy to be able to ...
Rare Maori cloak pulled from auction after online threats and abuse  CNNLondon (CNN) A small British auction house has withdrawn from sale a rare Maori cloak which apparently once belonged to a tribal chief, after receiving online ...
Coonoor tea auction volumes falls  BusinessLineA volume of 10.24 lakh kg has been catalogued for Sale No: 37 of the auctions Coonoor Tea Trade Association to be held on Thursday and Friday.This is as ...
Outrageous Auction Items At Prince Albert II Monte Carlo Gala For The Global Ocean  ForbesI jump at any chance to support work done to help our environment and have been impressed by the Prince Albert II of Monaco Foundation and their continued ...
Hitler’s lover Eva Braun’s silk KNICKERS expected to fetch £800 in auction after she used them to seduce Nazi  The SunThe white undies have Braun's monogrammed initials embroidered on the front and come from an esteemed collector of World War Two memorabilia. The silk ...
Commercial property yields at Sydney auction hit residential levels  The Australian Financial ReviewThe biggest sale at Burgess Rawson's portfolio auction in Sydney was the sale of a Bondi restaurant at a yield of 3.5 per cent.
Dundee Oor Wullie auction raises almost £240,000 for charity - and Aberdeen's auction is tonight  Aberdeen Evening ExpressSculptures from Tayside went under the hammer raising £239,000 for charity last night at the Dundee Rep Theatre. The highest grossing statue was Full ...
China to auction 10000 tonnes of reserve pork on Sept 19 -notice  Successful FarmingBEIJING, Sept 17 (Reuters) - China will auction 10000 tonnes of pork from its state reserves on September 19, according to an official notice published on ...
In January Mitchell Marsh opted out of IPL auction. 8 months later, Ashes heroics  India TodayAustralia all-rounder Mitchell Marsh, who picked up his maiden 5-wicket haul in Tests on Friday at The Oval paid the price of a multi-million dollar IPL deal in ...
576 Shawls, 964 Angavastrams, 88 Turbans Among 2,700 Mementos that PM Modi Received Up for Auction  News18Over 2700 gifts PM Modi received will go under the hammer from September 14 and the fund generated will be used for conservation and rejuvenation of the ...
State plans to auction dozens of houses from next month, Prokopis Hatzinikolaou | Kathimerini  www.ekathimerini.comThe state will put 31 properties owned by debtors up for auction immediately after the process for the settlement of debts to the tax authorities in up to 120 ...
Fort Ligonier to auction 1911 Overholt rye  Pittsburgh Post-GazetteThe sealed bottle is one of the items to be auctioned for the Ligonier museum's Sept. 20 Cannon Ball fundraiser.
Telangana govt to auction land to raise Rs 10,000 crore to complete projects  Times of IndiaWith the state slipping into a debt trap and a looming recession, the TRS government has decided to mobilize about Rs 10000 crore by auctioning gover.
Tattered Frying Pan Tower flag on auction block to help Ocracoke  OBXToday.comThe American flag that stood tall at Frying Pan Tower light station through Hurricane Dorian is now up for auction on eBay, with all proceeds going to help ...
Porsches Nazi car fails to sell amid biggest blunder in recent auctions  Business StandardRead more about Porsche's Nazi car fails to sell amid biggest blunder in recent auctions on Business Standard. The auction for the Type 64 was terminated in ...
Sydney auctions: Spring listings shortage sees bidders go 'a little crazy' for good properties  Domain NewsThe days of going up against just one or two other house hunters at auction are well and truly over, with properties across the city inundated with bidders on ...
On auction, PM Narendra Modi’s portrait on silk at Rs 2.5 lakh and 2771 other gifts  Hindustan TimesPM Narendra Modi's gifts are currently on display at the National Gallery of Modern Art (NGMA) in central Delhi's Jaipur House. Those interested can log on to ...
Top 120 sales & non sales of 2019 Monterey Car Auctions  New AtlasThe Monterey Car Week auctions left the collector car world in a state of shock. Sales totals were expected to be similar to 2018 when 850 cars sold for US$370 ...
Centre urges Odisha govt to hold on mineral block auctions for now  Business StandardThe lack of consensus between the Centre and the state had delayed the process of auctions of freehold blocks as well as the leases headed for expiry by ...
43-Acre Estate Of Pilgrim’s Pride Founder Lonnie Pilgrim Goes To Auction Next Month  ForbesThe sprawling Pittsburg, Texas estate built for the late Lonnie “Bo” Pilgrim who founded Pilgrim's Pride, one of the country's largest chicken producers in the U.S., ...
Newport fishing lakes sold at auction  Isle of Wight County PressFOUR fishing lakes off Staplers Road, Newport, have sold at auction. The green space was listed for between £180000 to £200000 before auction,…
Australian homes fly at auctions in boon for prices  ReutersAustralia's housing market seems to have come out of its doldrums with the hard-hit cities of Sydney and Melbourne set for their third months of gains as sales at ...
Noel van T End auctions history-making judogi for charity  International Judo FederationThe Netherlands' first world judo champion in 10 years, Noël van 't End, has cut short his celebrations to auction his World Championships-winning judogi for ...
Nashik Municipal Corporation auctions garbage collection vans for Rs 77 lakh  Times of IndiaThe Nashik Municipal Corporation (NMC) has auctioned 118 old garbage collection vans for around Rs 77 lakh as they were lying idle post appointment of.
Photos: Organizers set up for Saratoga Auto Auction  Times Union SARATOGA SPRINGS — Organizers and volunteers were hard at work Monday afternoon, setting up for the upcoming Saratoga Auto Auction at the Saratoga ...
Daniel Buren Painting Attacked at Centre Pompidou, Banksy Work Heads to Auction, and More: Morning Links from September 16, 2019 -  ARTnewsA painting by Banksy heads to auction, Christie's will sell Andy Warhol's "Athletes" series, and more global art news.
Panel may okay Trai’s pricing for spectrum auction  Economic TimesThe government plans to sell 4G airwaves in six bands and 5G spectrum for the first time in the 3.3-3.6 GHz band.
Online auctions set for sale of former Affinity equipment, furnishings  Canton RepositoryKiko Auctioneers will host two online auctions starting Sept. 23, featuring commercial kitchen, cleaning supplies and furniture; and beginning Sept. 30 for ...
Ornellaia's Vendemmia d'Artista Auction Featuring Special Bottlings Designed by Celebrated Artist Shirin Neshat Collects $312000  wineindustryadvisor.comFrom August 29th to September 13th, eleven precious lots of Ornellaia Vendemmia d'Artista 2016, “La Tensione” were auctioned off to benefit the Solomon R.
Bo Pilgrim’s ‘Cluckingham Palace’ going up for auction  KLTVBo Pilgrim's 15 million dollar home going up for sale.
Jackson and Gallo Share All on the Upcoming Sonoma County Wine Auction  KRON4The Sonoma County Wine Auction offers an unforgettable experience, featuring distinct wines, delectable food and incredible generosity. This year, Christopher ...
T-bills auction oversubscribed as investors see more rate cuts - Cai Ordinario  Business MirrorThe Bureau of the Treasury (BTr) has awarded P12.983 billion on offer in latest Treasury bills (T-bills) auction amid low rates on the back of strong liquidity.
Original Sooty TV puppet set to fetch more than £1,000 at auction  Belfast TelegraphTina Stewart decided to sell the item after the owner of the Sooty Show, Richard Cadell, told her of its value after meeting with her and her six-year-old son Kyle ...
BMW, VW, Mercedes: low mileage cars at the Classic Car Auctions  Wheels24Classic Car Auctions are to offer some exceptional low mileage classics from BMW, Volkswagen, Mercedes and Ford at its forthcoming sale on the October 5.
Ring sells for $19K at Mo. 2019 Unclaimed Property Auction  KFVSSPRINGFIELD, Mo. (KFVS) -The 2019 Unclaimed Property Auction for Missouri was held at the University Plaza Hotel in Springfield on Sept. 10 and 11.
Competing Bids Expected as Philly Healthcare Giants Eye Children's Hospital Auction  HealthLeaders MediaSeveral major players in the market are lining up for possible bids this week on one of the city's two children's hospitals.
Controversial Bembridge property sold at auction  Isle of Wight County PressA CONTROVERSIAL property at Bembridge has been sold at auction.

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