The Drop Shipping Business

You have suddenly found the perfect business and you are all geared up to make lots of money. You have see the ads about Drop shipping and it sounds great.

Well of course it is great for some people! BUT will it be great for you?

Of course it will you think! Well think again its not as easy as it sounds and don't be fooled into thinking you don't need money.

First of all you start your search for drop shippers, Wow there is loads. Go on click on one or two.

That's right you have a found a great drop shipper but first of all they want a joining fee, OK you join, now what! You find it is a list with loads of drop shippers you can use. This is even better, so you click on one or two, and lo and behold they want you to pay as well to sell their products!

Is it a wind up? No they really do, It might be just a few pounds or a lot of pounds. And then to make things worse some of them want holding fee to make sure you use their site. It could be £20 or £30 depending on which site you pick. They call it a trust.

OK you pay up again, but oh the disappointment when you see their sale products, Most of them are already advertised on Ebay and other auction sites, and when you check they are selling them at much cheaper prices than you could ever hope to do.

WOW again, you have found one that is really free to use, yes there are a few out there. BUT a slight drawback. They have a big warehouse, but evidently this warehouse only stocks one of each product or so it seems.

Ok you decide to have a go any way, perhaps you have chosen jewellery, so you go to Ebay and put a gorgeous gold ring on auction for five days. Great someone has made a bid, at the end of five days you find you have made a nice little profit. They pay up and off you go to warehouse to pay the cash so the ring will be drop shipped to the customer.

Oh dear they have run out of stock! not surprising when there was only one to start with. What do you tell your happy customer who thinks they have just got a bargain and they are eagerly waiting for it.

What a great start, your disgruntled customer leaves you negative feedback and wham that's a black mark on Ebay.

So back you go and read every thing you can if they have a forum. What is the advice that you find, Purchase first to be sure of the product then put it for sale. So much for starting your business without having to spend.

If you can afford to purchase it then go ahead, it is a risk like anything else, but when you see hundreds of the same or similar on the auction you just have to hope that yours is the chosen one that they bid on.

Its quite true that some one some where will bid on anything, so instead of spending £10 or £20 on a piece of jewellery or whatnot, take a tenner and go to your nearest pound shop and buy ten items, see what you make on them.

That is my advice, take it or leave it. I bet you make a profit.

Sylvia White Author and website owner of http://www.sylviawh.co.uk; http://www.u-want-money.com; http://www.geocities.com/sylviaworkathome

In The News:

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How RBI dollar auction is helping NBFCs  Economic TimesDollar-swap auctions is used by the Reserve Bank of India as a tool to inject rupee liquidity.
Greece unveils two 300-MW auctions for solar, wind  Renewables NowApril 23 (Renewables Now) - Greece's Regulatory Authority for Energy (RAE) announced on Monday two new technology-specific auctions for solar photovo.
RBI sets high cut-off at forex swap auction, forward rates jump  Business TodayIndia's central bank on Tuesday set a cut-off at its second dollar/rupee swap auction at a much higher than expected premium, in a sign that the system is flush ...
Power plant companies quote higher tariff in the latest round of auctions  Economic TimesPower plants have quoted high tariff in the latest round of auctions of electricity supply contracts, casting doubt on acceptability of the price by state distribution ...
Several wind energy projects in slow lane since 2017 auctions  Economic TimesTamil Nadu Generation and Distribution Company (TANGEDCO) auctioned 500 mw of wind capacity in August 2017.
Russia hopes to generate $1.3bn from crab quota auctions  Undercurrent NewsRussia's government has passed a law which paves the way for "investment quotas" for 50% of the country's crab total allowable catch (TAC). The country's ...
Rare Babe Ruth Jersey Expected to Sell at Auction for More Than $4.5 Million  Sports IllustratedA rare game-worn Yankees road jersey used by New York legend Babe Ruth is expected to sell at an auction this summer for more than $4.5 million –a price tag ...
Easter weekend lull brings seven-year low to auction numbers  The New DailyThe Easter weekend hiatus hit the auction market hard, with a record low of homes heading under the hammer in each capital city.
Ogilvie Area Auction • Saturday, April 27 | Auctions  ECM PublishersSpring Consignment Auction • 9:30 a.m.. 1541 210th Ave. Ogilvie - 4.5 miles N of Ogilvie on Hwy 47, then 1.5 miles E on CR 6 or 6 miles W of Mora on CR 6, ...
Coonoor tea auction volume up  BusinessLineThis week both the Leaf and Dust tea auctions are being held on Saturday.
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Online property auctions slowed down last month | Business  www.ekathimerini.comProperty auctions by banks slowed down considerably in March, amid the government's negotiations with the country's creditors over the protection of borrowers' ...
This Georgian-Style Mansion In New York Will Be Sold At Auction With No Reserve  ForbesA spectacular Georgian-style 19,000-square-foot mansion on 86 acres in Chappaqua in Westchester County, New York will be sold at auction on May 18th.
Average Yield Moderates to 13.3% on Absence of OMO Auctions  Proshare Nigeria LimitedLast week, the T-Bills secondary market sustained its bullish run for the third consecutive trading session amidst the absence of OMO auctions throughout the ...
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BidX1, SA's first online property auction is a resounding success  IOLOne of the residential properties on sale on BidX1's inaugural online property trading platform in South Africa attracted 103 bids.
Morphy's amasses high-powered auction arsenal of extraordinarily rare and historically important firearms for April 24-25 auction  PRNewswireDENVER, Pa., April 23, 2019 /PRNewswire/ -- Morphy Auctions will host a 1,267-lot auction of extraordinarily rare sporting and collector firearms on April 24-25 ...
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Solar once again the only winner in German renewables auctions  pv magazine InternationalIn the first round of this year's mixed wind and solar tender there were only bids for PV projects. Some 18 projects with a combined capacity of 210 MW were ...
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The Sacred Heart School's Bid 'N Bite auction to come this weekend  KVOEJoin the Sacred Heart School on Saturday at their annual Bid 'N Bite auction to support the school's endeavors. Each year, Sacred Heart holds this uni...
Auctions and concert with Royal Wood support organ donation  The London Free PressJanet Brady knows what it means put a life on hold. Twenty-nine years ago she was the mother of two small children and waiting for a liver transplant that would ...
Royal wedding musician auctions off the trumpet he played - but it'll set you back £5K  Daily MailDavid Blackadder, 53, from Northamptonshire played trumpet while Meghan Markle walked down the aisle to meet Prince Harry at their wedding last May.
Spectrum auctions should balance transparency and revenue expectations: ICRIER-BIF report  ETTelecom.comThe report recommends easing pressure on telcos while balancing transparency and revenue expectations from upcoming spectrum auctions.
mjunction expands e-auctions to real estate sector  BusinessLineB2B e-commerce company mjunction services Ltd has expanded its services in the real estate sector, a company official said. mjunction, a 50:50 joint venture ...
Eighteen companies take part in auctions of five oil, gas blocks - The Jakarta Post  Jakarta PostThe Energy and Mineral Resources Ministry announced on Thursday that 18 local and international companies had expressed interest in bidding on five oil and ...
125 Karl Lagerfeld Sketches—Including 2 Of Elizabeth Taylor—On Auction  FortuneFashion sketches from late Chanel designer Karl Lagerfeld's early career at House of Tiziani at auction, including two for Elizabeth Taylor.
Elections will hamper progress of online real estate auctions, Evgenia Tzortzi | Kathimerini  www.ekathimerini.comThe upcoming local, regional, European and national parliamentary elections, all in the next few months, are set to put the brakes on online auctions and efforts ...
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Pro Kabaddi League 2019 Auctions: Restraint set to prevail despite increased purse after last year's big...  FirstpostThe Pro Kabaddi franchise owners must be smarting after spending Rs 45.93 crore in total to purchase 181 players last season.
Turkish Treasury borrows $552 mln through auction  Hurriyet Daily NewsThe Turkish Treasury borrowed some 3.22 billion Turkish liras ($552 million) from domestic markets, according to an official statement on April 22.
PM’s post not for auction, Modi tells Mamata  The HinduTaunting West Bengal Chief Minister Mamata Banerjee, Prime Minister Narendra Modi on Tuesday said that she wanted to become the Prime Minister but the ...
Solar ready to take more risks in Brazil's upcoming auction  pv magazine InternationalAccording to Brazilian solar energy association ABSOLAR, PV project developers will be awarded "quantity contracts" in the auction to be held on June 27.
ProKabaddi League: Retained players and fresh faces in focus at auction  The HinduRetained players and *fresh* faces will be the focus of attention at the ProKabaddi League season-7 player auction. Patna Pirates, the most successful franchise, ...
BioSurplus to Conduct Lab Asset Auction of Merrimack Pharmaceuticals in Cambridge, Massachusetts  BioSpaceBOSTON, April 23, 2019 /PRNewswire/ -- BioSurplus, America's premier lab equipment solutions provider, announced that it will be conducting a timed online ...
McCurdy Auction focuses on real estate. It’s a finalist for small business award  Wichita EagleMcCurdy Auction is one of three finalists in the Wichita Regional Chamber of Commerce Small Business Award for Tier 3 companies — those with 21 to 100 ...
Photos: State auctions off surplus vehicles in Albany  Times Union ALBANY — Dozens gathered Wednesday to bid on surplus state vehicles at the State Office Building Campus. The state Office of General Services regularly ...
Philippines suspends forex trading, treasury bond auction after quake  BusinessLineThe Philippines suspended foreign exchange trading and a treasury bond auction on Tuesday, officials said, due to the impact of a 6.1 magnitude earthquake ...
PKL Auction highlights: Telugu Titans gets Siddharth Desai for 1.45 crore, Rahul Chaudhari to Tamil Thalaivas for 94 lakh  SportstarRe-live day one of the Pro Kabaddi League (PKL) 2019 auction held in Mumbai.
Wright Set to Auction Items from the Exquisite Vogele Collection  Metropolis MagazineA selection from the 20th-century collection, which includes pieces by Harry Bertoia, Robert Motherwell, the Eames, and more, will be auctioned on April 25.
Charitybuzz's Five Highest-Grossing Golf Auctions Of All-Time  ForbesPONTE VEDRA BEACH, FLORIDA - MARCH 17: Bryson De Chambeau of the United States lines up a putt on the par 4, 14th hole during the final round of The ...
Miley Cyrus Auctions Hannah Montana Memorabilia to Benefit Animals  VegNewsFans of the show can now get their hands on jackets, sneakers, and other costumes the vegan entertainer wore during the popular Disney show.
Auction bids decline with intensity of competition: Study reveals downside to having more bidders in an auction  Science DailyEconomists from the University of Sydney and the University of Technology Sydney (UTS) have co-authored a new study that challenges conventional thinking ...
Germany's 5G spectrum auction resumes after bids slowed before Easter  euronewsFRANKFURT (Reuters) - Germany's auction of spectrum for 5G mobile services resumes on Tuesday after bidding slowed to a crawl last week before the Easter.
PKL Auctions | What clicked and what didn't – Bengaluru Bulls  SportsCafeThe PKL auctions are done and dusted for the upcoming seventh season which will be starting in three-month time. Bengaluru Bulls have accumulated a squad ...
Bob Marley tapes discovered in damp basement up for auction  BT.comBob Marley And The Wailers stayed in the hotel in the mid-1970s.
Nirav Modi's art auction raises Rs 55 cr  Deccan HeraldThe income tax department Tuesday evening auctioned the artworks owned by the absconding diamantaire Nirav Modi, who fled the country after duping ...
Mumbai TT player Diya Chitale is top draw at MSL auction  Business StandardMumbai-based young paddler Diya Chitale proved to be the biggest draw in the 11SPORTS' Mumbai Super League (MSL) auction, becoming the highest bid ...
NXT Superstars Raising Money With Auction After Ricochet's Family Experiences Tragedy  Ringside NewsRicochet's mother discovered that her house was engulfed in flames one week ago today. The WWE Universe showed up in a big way and raised a bunch of ...
Woodbridge Man Auctions Off Lou Gehrig Cap For Six Figures  Patch.comMan Auctions Off Lou Gehrig Cap For Six Figures - Bethwood, CT - The man auctioned off most of his sports memorabilia collection.
Cassowary that killed Florida man up for auction  WKMG News 6 & ClickOrlandoThe cassowary that killed a Florida man is now up for auction.
‘Hannah Montana Collection’ Goes to Auction for Show’s Thirteenth Anniversary  Rolling StoneWith classic rock rapidly fading from the pop charts, the rock & roll memorabilia industrial complex is in critical danger. Luckily, the Disney Channel is here to ...
PKL Auctions | What clicked and what didn't - Gujarat Fortunegiants  SportsCafeGujarat Fortunegiants qualified for the finals in their first two seasons of the PKL but failed to win the title on both occasions. The Manpreet Singh-coached side ...
Angola in recovery mode with oil-block auction, new refineries on the horizon  WorldOilAfrica's second-biggest oil producer looks to benefit from a surge in crude prices that could boost companies' appetite for investments with an auction of nine ...
Starboard Value's Jeff Smith announces new stake in KAR Auction Services  CNBCStarboard Value CEO Jeffrey Smith announced Tuesday that the firm has a stake in automobile auction house KAR Auction Services.
Wine glasses, tables, chairs and more from Marconi's and Boccaccio up for auction  Baltimore Business JournalDozens of endearing remnants of two shuttered city Italian restaurants are being sold piece by piece in an online auction. What's left of the long-closed Marconi's ...
From outboard motors to tattoo gear, it's the auction of the lost and stolen  ABC NewsHave you ever wondered what happens to lost and stolen items when the police can't find the owner?
Auction houses are venturing into the market of AI-generated art  Jakarta PostPhillips is the latest auction house to feature an artwork generated by artificial intelligence, as part of its online-only Unbound sale.
Offshore wind auction faces a new hitch  The Boston GlobeThe second round of bidding for offshore wind contracts hasn't even started yet. But the complaining sure has.
Easter Saturday auctions few and far between but agents hope for buyers keen on holiday purchase  Domain NewsWho\'d sell a home on a long weekend? Not many, but enough. There are just 27 around Australia this Saturday but agents say that could be good for the right ...
Pro Kabaddi Auction: Owners and marketing team decide team composition, says Telugu Titans owner  The Indian ExpressWith nearly Rs 50 crore spent on 200 players by 12 franchises during the two-day Pro Kabaddi League auction, Siddharth Desai emerged as the most ...
No St. Bede auction ticket? No problem — you can bid from home or mobile phone  LaSalle News TribuneThe St. Bede Academy's auction “A Night to Roar” is just days away and once again the fundraising event — with Presenting Sponsor The J.A. Happ Family ...
RBI to again go for $5-billion dollar-rupee swap auction on April 23  Business StandardEarlier on March 26, the RBI had bought $5 billion through a similar swap auction in a bid to ease liquidity ahead of polls ...
Another breakthrough for energy storage? Innovative auctions made prices plummet.  Environmental Defense FundBy flipping traditional auction models, the power sector could see the expansion of energy storage take off.
Auction win secures Vestas' largest order to date in Poland  GlobeNewswireNews release from Vestas Northern and Central Europe Hamburg, 23 April. Vestas has received a 132 MW order from Windfarm Polska III sp. z o.o., owned by ...
Greece awards 437.8 MW in renewables auction, Juwi secures almost half  Renewables NowApril 23 (Renewables Now) - Greece's Regulatory Authority for Energy (RAE) has awarded 437.78 MW of power generating capacity in its recent mixed-tec.
Jesse James arrest warrant going up for auction in city  The Daily ProgressThe auction will be held in-person at Charlottesville's Bremo Auctions and online on April 27.
NoMad Hotel to hit the auction block  The Real DealNoMad Hote's mezzanine lender, Colony Capital, initiated a UCC foreclosure auction on the 168-key luxury hotel, Commercial Observer reported.
My Plates Auctions Last Remaining Single-digit Plate in Texas  PR WebAustin, TX (PRWEB) April 23, 2019 -- 22 April 2019 (Austin, TX) – MyPlates.com, the state's vendor for marketing personalized and specialty license plates in.
Emerson, Lake and Palmer Co-Founder Greg Lake’s Gear, Memorabilia Up for Auction  Rolling StoneProperty from the estate of Greg Lake – the late singer and multi-instumentalist from Emerson, Lake and Palmer and King Crimson – is coming up for auction via ...
Pro Kabaddi League Auction 2019: Complete list of players bought by all franchises and their bid amounts  FirstpostAfter a hectic day of auctions, here's a list of players picked by each Pro Kabaddi League team and the bids they attracted:
Golf course to be sold at auction  The Business DeskA recently-built nine-hole golf course at Essington near Wolverhampton is set to go under the hammer at an auction next month. The 70-acre course, with a club ...
Innerarity Island lots — including waterfront parcels — up for auction by Escambia County  Pensacola News JournalEscambia County is offering Innerarity Island lots to bidders in an online auction in an ongoing effort to connect water and sewer in the neighborhood.
PKL Auctions | Not only defence, we have good raiders too, believes Sanjeev Kumar Baliyan  SportsCafeU Mumba's new head coach Sanjeev Kumar Baliyan has asserted that they not only have a strong defence but also some good raiders for the upcoming seventh ...
Fancy that - hundreds of birds auctioned  Otago Daily TimesThere was something for most at the Ashburton Fanciers' Society autumn poultry auction in Ashburton this month. Heritage breed fowl, ducks, chooks, roosters, ...
FCC plans December 37-47GHz 5G auction, $20 billion rural internet fund  VentureBeatThe FCC will formally schedule a new round of millimeter wave auctions and roll out a plan to expand rural broadband at a White House event today.
Bid for creativity: Raymer Society to hold art auction  Wellington Daily NewsLINDSBORG — Red Barn Studio Museum, nestled under tree branches back from the sidewalk along one of Lindsborg's main thoroughfares, gives visitors the ...
Auction house is aiming for country house collectables  Buxton AdvertiserA robust 19th century pinfire shotgun from Vienna is not something you would normally see in a workplace - but then life is never ordinary, nor typical at Hansons ...
"Counterintuitive" insight into auction bidding  Australian BrokerThe study's unexpected takeaway comes as auction market sees quietest Easter since 2012.
RBI sets high cut-off premium at debut dollar/rupee swap auction  LivemintMumbai: The Reserve Bank of India on Tuesday set ₹7.76 premium for its first dollar/rupee three-year buy-sell swap auction and accepted the entire planned $5 ...
BidCoins To Launch Self-Executing Auctions  Crypto BriefingBlockchain gives users yet another way to transact with the launch of BidCoins, a decentralized platform for smart contract auctions.
Phillips could break Mark Bradford's auction record again with the massive “Helter Skelter II.”  ArtsyThe auction house set a record for the artist when the work's companion piece, “Helter Skelter I,” was sold last year by tennis icon John McInroe.
Closed Austin Restaurant Boiler Nine Auctions Industrial-Chic Furniture  Eater AustinAfter Boiler Nine Bar + Grill closed in February, everything is for sale in massive Seaholm restaurant at 800 West Cesar Chavez Street. Items in the auction, ...
State mines make hay, private peers struggle in e-auction of coal blocks  Business StandardThe BJP government's mega e-auction of coal blocks has seen mixed results with state-owned mines making hay while private companies are still languishing ...
'Simpsons'-Inspired Parody Painting By Kaws Sells For $14.8 Million At Auction  Cartoon BrewAmerican artist Brian Donnelly (b. 1974), or Kaws as he is known in the art world, is currently a moneymaking sensation at auctions. His work, which is often ...
Bhaichung Bhutia Auctions Two Jerseys To Fight Polls In Sikkim  NDTV NewsIndia's former football captain, Bhaichung Bhutia has put two of his favourite jerseys on auction, on Sunday, to raise funds for his Hamro Sikkim Party (HSP), ...
VIVO Pro Kabaddi League Season 7 auctions : Top 5 defenders to look out for  SportskeedaThe auction of the VIVO Pro Kabaddi League Season 7 is just three days away as all the 12 franchises will getting their final plans in place ahead of the auction.
Tiger '00 backup putter auctions at nearly $89K  ESPNA Tiger Woods backup putter from 2000 was sold at auction for more than $88000.
President John F Kennedy’s final autograph is up for auction  IrishCentralGoldin Auctions has set the minimum bidding for JFK's autograph at $25k. President John F. Kennedy's final autograph is currently being auctioned by Goldin ...
A Farm-Style Estate in France with 275 Acres Heads to Auction  Mansion GlobalA 275-acre estate in Normandy, France, that once asked €15 million (US$16.9 million) will be auctioned next month without reserve. The bidding for the ...
Bon Carré doesn't sell at auction—again  Greater Baton Rouge Business ReportFor the second time in less than a year, an online auction of the Bon Carré Technology Center failed to generate a bid the sellers of the 713,000-square-foot ...
SECI’s 1200 MW wind auction gets tepid response  Economic TimesSome developers claimed that SECIs continuing practice of setting a 'ceiling tariff was the cause.
TRAI Should Work on Alternate Spectrum Auction Method, Says Think Tank  Gadgets 360The Telecom Regulatory Authority of India (TRAI) should work on an alternative and comprehensive spectrum auction policy, said a report by ICRIER and ...

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