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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Fresh auctions for power pacts likely soon  Economic TimesNew Delhi: The government is likely to launch a *fresh* round of auction of power purchase contracts while also allowing escalation and fixed charges to power ...
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Amarillo Bulls Hockey Team Auctions Off Jerseys for 24 Hours in the Canyon  MyHighPlains.comThe Amarillo Bulls hockey team wore special jerseys for this weekend's games. The jerseys had rainbow ribbons which represented all the ribbons for different ...
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Paul Fosh Auctions Launches Rentals Business  Business News WalesPaul Fosh Auctions has realised a business dream by launching its own lettings agency.The Newport-based auctions business has launched Paul Fosh ...
Peter Lynch Adds $2 Million Worth Of Furniture To Auction Of Scottsdale Home  ForbesPeter Lynch, one of Forbes Greatest Business Minds, adds $2 million worth of furniture to the upcoming auction for his Scottsdale house.
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Anchor Bay ROTC collecting items for penny auction  New Baltimore Voice NewspapersThe Anchor Bay High School Air Force Junior ROTC is accepting donations for its annual penny auction.
The art market in 2018: the year of Banksy and blockchain auctions  Financial TimesGimmicks dominated the art scene but some technological changes have genuine potential.
Randy Johnson's PV mansion goes on the auction block — with no minimum bid  AZCentralBaseball legend Randy Johnson's 25000-square-foot Paradise Valley mansion will go to the highest bidder on Jan. 31.
Five Vintage Supercars Headline the Mecum Auction in Florida  Robb ReportThe Mecum Auction's Kissimmee sale features an assemblage that includes rare road rockets from the 1930s through 1960s and beyond.
Fort Lauderdale mansion goes up for auction with no starting price  WSVN 7News | Miami News, Weather, Sports | Fort LauderdaleThere are plenty of homes for sale in South Florida, but one property offers unbelievable luxury for less. It's an auction where, in theory, the buyer could pay a ...
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Classic and racing cars under auction at Autosport International 2019  autosport.comAutosport International's new auction house partner, Silverstone Auctions, is set to put a wide selection of head-turning classic and competition cars under the ...
Roma's Sylvia Downs heads to auction  Queensland Country LifeThe 226 hectare Roma property Sylvia Downs will be auctioned by Ray White Rural on February 7.
Rago Auctions: Mid-Mod  ArtsyArtsy presents Rago Auctions: Mid-Mod, featuring works by Eero Saarinen, Tommi Parzinger, Paul Evans, and more. In advance of the auction, browse lots and ...
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Snowman art auction raises £10000 for children's hospice  The BooksellerAn auction of artwork inspired by Raymond Briggs' classic picture book The Snowman (Penguin Random House Children's) has raised more than £10000 for a ...
Legal battle awaits government agencies to confiscate, auction Vijay Mallya’s properties  Hindustan TimesCan government agencies including the Enforcement Directorate (ED) confiscate former liquor baron Vijay Mallya's properties, is the question doing rounds ever ...
Unique 1967 Ford Mustang Shelby GT500 Super Snake sold at auction for record $2.2 million  Fox NewsA legendary Ford Mustang sold for a historic price at the Mecum Auctions event in Kissimmee, Fla., on Friday night when the bidding ended at $2,200,000.
Rare 1970 Challenger Hemi R/T convertible set for Mecum auction  The ClassicCars.com JournalA rare, restored 1970 Dodge Challenger Hemi R/T convertible with 4-speed manual transmission will be a highlight of Mecum's inaugural collector cat auction in ...
This Estate In Florida Will Be Sold At Auction With No Reserve  ForbesThe 13,000 square foot home that overlooks Roberts Bay will be sold fully furnished. In total, there is more than 20,000 square feet of covered space, both ...
Chardon Schools Foundation seeks donations for G-TV Auction  News-Herald.comThe Chardon Schools Foundation announced it will be on the air live, March 9, with the foundation's annual Live Internet-G-TV Auction.
Five lots to watch at auction this week including an Art Nouveau cabinet and a novelty silver pencil by Tiffany  antiquestradegazette.comA studio collection of *fresh*-to-market works by the French artist Alfred de Curzon (1820-95), consigned for sale by the artist's family, will go under the hammer at ...
James Garner's 'Rockford Files' Pontiac Firebird is crossing the auction block  Fox News“This is Jim Rockford, leave your name and a message”…if you'd like to buy my car. Or you can head to the Barrett-Jackson auction in Scottsdale, Ariz., on ...
BFAMI: Benefit Auction 2019  ArtsyArtsy exclusively presents BFAMI: Benefit Auction 2019. BFAMI supports Educational Programmes for Underprivileged Youth. Exciting benefit auction featuring ...
A Mistakenly Made Penny Sold At Auction for Over $200,000 USD  HYPEBEASTPittsfield, Massachusetts resident Don Lutes Jr. struck auction gold with a copper penny that was accidentally created by the U.S. Mint. Lutes Jr. received the ...
Charity auction raises hundreds for British Heart Foundation  Swindon AdvertiserA CHARITY auction with a top prize raised hundreds of pounds for the British Heart Foundation.
Where to watch the 2019 Barrett-Jackson auction on TV  AZCentralCan't be at the Barrett-Jackson auction in person? See which vehicles draw the biggest bids on TV.
Gujarat unhappy with high tariffs at recent solar auction  Economic TimesBENGALURU: Winning tariffs by Softbank backed SB Eenergy, Finland's Fortum and French utility Engie in the latest solar auction in Gujarat are much higher ...
Sears announces Lampert's hedge fund, ESL, as winning bid in bankruptcy court auction  CNBCSears said Thursday that Chairman Eddie Lampert's hedge fund, ESL Investments, is the winning bidder in the company's bankruptcy auction, keeping the ...
Artifacts from Berkeley's Spenger's restaurant up for bid at auction  KRON4An 8-foot-tall meiji period vase for decades sat at Spenger's Fish Grotto, for diners to dazzle at. Historians thought it was lost or destroyed -- but no, it was in ...
Moonie: Mundagai auction on Feb 22  Queensland Country LifeThe Hopgood family's 1947 hectare freehold property Mundagai will be auctioned by Ray White Rural in Brisbane on February 22.
This weekend: Auto auction, multicultural gathering, art and wine festival  AZCentralHonor the legacy of Martin Luther King Jr., check out an art and wine festival or see what's going on the block at a high-end car auction.
Aroostook Centre Mall listed for auction at best offer price  The CountyThe Aroostook Centre Mall in Presque Isle, which like the Bangor Mall has suffered from tenants such as Sears closing shop, is listed by online auctioneer Ten-X ...
The Five Slickest Cars Up For Auction Next Weekend At RM Sotheby's Arizona  ForbesThese are the five most interesting vehicles up for auction at the RM Sotheby's Auction in Scottsdale, Arizona. The auction takes place January 17-18, 2019.
SBI puts out auction notice for sale of Essar Steel loan of Rs 15,431 crore  Economic TimesRaising doubts over the early resolution of Essar Steel insolvency case, State Bank of India has put on sale its loans to Essar Steel worth Rs 15431 crore.
Auction of Nazi pins in Wisconsin draws criticism  Milwaukee Journal SentinelAmong the items for sale Saturday at a southern Wisconsin auction business is a box of World War II German replica pins featuring swastikas.
20-acre equestrian estate going on the auction block Thursday  TCPalmPALM CITY — A 20-acre equestrian estate, part of the Box Ranches development near Indiantown, will be sold at auction Thursday to the highest bidder, ...
Upcoming OBS Winter Mixed Sale auction features 689 horses  Villages-NewsOcala Breeders' Sales will offer 689 horses over the two days of its Winter Mixed Sale, to be held Jan. 29-30. The consignor preferred sale kicks off the auction ...
Bid on fine art at Superior auction  Superior TelegramSellers Auction routinely holds auctions offering memorabilia, collectibles, antiques, tools, household wares and other bric-a-brac. But never before has the ...
2017 Optic Patrick Mahomes 1/1 Auto Among Goodwin Auction Highlights  Beckett Media, LLCThe Masterpieces and Uncommon Commons 77 auction is underway at Beckett Goodwin Auctions. Among the items is a one of-one 2017 Donruss Optic Rookie ...
Pair of Almost-New Buick Grand National Twins Up For Auction  Wheels.caThere is no shortage of low-mile Buick Grand National for sale, it seems. But this pair are a little more unusual. Two identical cars, from the same original owner, ...
PGL auction draws crowd | Local News  Gettysburg TimesNadine Snyder, above, carries an oil painting titled “Early Spring” during the Project Gettysburg-Leon auction at Gettysburg College on Saturday. At right, the ...

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