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Dropshipping
bigdavecox90
Posts: 215 Forumite
Many of you may not of heard of dropshipping, but is quite a good way to make a bit of money.
To cut a long story short, you will advertise a product for sale, whether it be on your own website, eBay etc. Be aware, at this point, you don't physically have the product.
One the product has sold, you order it from your dropshipper, with the money the customer has paid. The dropshipper then sends the item directly to the customer.
Therefore, it's a good way to get started as you don't need any capital to set up and you also don't have to deal with the goods.
Hope this helps a few of you.
Dave
To cut a long story short, you will advertise a product for sale, whether it be on your own website, eBay etc. Be aware, at this point, you don't physically have the product.
One the product has sold, you order it from your dropshipper, with the money the customer has paid. The dropshipper then sends the item directly to the customer.
Therefore, it's a good way to get started as you don't need any capital to set up and you also don't have to deal with the goods.
Hope this helps a few of you.
Dave
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Comments
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It is an interesting method but a dangerous one too. On eBay your buyers expect to receive the bought/won item within a week or so. If you're working with a dropshipper, you'll probably keep the customer waiting for a month or so. How are you going to plausibly explain this to the customer?
I've been selling dropshipped t-shirts from a website (not ebay) and a certain portion of customers was always grumpy about the waiting time. Not that I didn't make money. I did
Then, how will you select a trustworthy dropshipper? Alibaba is one option but please be aware that you don't need to present any documentation in order to start offering wholesale stuff on Alibaba. I mean, anyone can do it and this "anyone" can be a swindler. The usual swindling method is obvious - you sell the item, send the dropshipper the dosh and he doesn't send the item to the customer. What will you do? Fly to China?
It is much easier if your dropshipper is located in your country.
So, bigdave, can you share a bit more? How do you find a good dropshipper?0 -
It is an interesting method but a dangerous one too. On eBay your buyers expect to receive the bought/won item within a week or so. If you're working with a dropshipper, you'll probably keep the customer waiting for a month or so. How are you going to plausibly explain this to the customer?
I've been selling dropshipped t-shirts from a website (not ebay) and a certain portion of customers was always grumpy about the waiting time. Not that I didn't make money. I did
Then, how will you select a trustworthy dropshipper? Alibaba is one option but please be aware that you don't need to present any documentation in order to start offering wholesale stuff on Alibaba. I mean, anyone can do it and this "anyone" can be a swindler. The usual swindling method is obvious - you sell the item, send the dropshipper the dosh and he doesn't send the item to the customer. What will you do? Fly to China?
It is much easier if your dropshipper is located in your country.
So, bigdave, can you share a bit more? How do you find a good dropshipper?
You don't have to keep the customer waiting. So long as you find a good dropshipper and keep a good rappor then you will get the product to your customer within a couple of days.
As for finding a good dropshipper, that's the secret.
Plenty of hard work and searching to find the correct products and correct prices.
It won't just jump out infront of you, but can be good once found.0 -
I don't like how you can' see the full list of items or prices until you pay a feee.Current Debt (8th March) = [STRIKE]£940 £910 725 104[/STRIKE] + £290
Debt free within 3 weeks. Thanks up your income forum.0 -
PurpleSmile wrote: »I don't like how you can' see the full list of items or prices until you pay a feee.
True, but that's the gamble you take I guess.
You pay the fee to get started.0 -
There are lots of different dropshippers that are based in the UK thus elevating the need to use somewhere such as alibaba.
Google Dropshippers and then the product you want to sell. Then just talk to them.
Cheers0 -
Just to warn everyone to be EXTREMELY wary of companies who may contact ebay members, asking them to use their selling accounts in order to sell the drop shipping company's products on ebay. I recently won an ebay dispute because the items I bought never arrived and it turns out that the seller was scammed by a drop shipping company. They told her she'd receive 10% of the proceeds, but the company never bothered to despatch their products and the seller was left with lots of angry customers (including myself) who didn't receive their items.
She will likely now be hounded by Paypal for all of the money which had to be returned to the disappointed buyers.
So please beware!0 -
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Hi all i joined dbp yesterday.and they make a website up foryou with the stuff all on it from the wholesaler.I havent got a clue what im doing. the things on my website seem really expensive for the stuff its make up and perfumesand they are cheaper tobuy in boots and places.so cant see me making anymoney. how do people find your website. This all seems so hard if any one can help i would be really gratefull. thankswon a chinese cookbook and Le Creuset Roasting Dish, Le Creuset Oven Gloves, a potato peeler, a bottle of Filippo Berio Mild & Light Olive Oil and a hamper containing all of Albert Bartlett's finest root vegetables.0
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Well i feel like ive wasted money. I got a website set up for fragrances and its so expensive no 1 will ever buy anything off me. a botle of perfume is about £20 dearer than boots not impressesd:mad:
and thats buying of dropshippers so how on earth does anybody make moneywon a chinese cookbook and Le Creuset Roasting Dish, Le Creuset Oven Gloves, a potato peeler, a bottle of Filippo Berio Mild & Light Olive Oil and a hamper containing all of Albert Bartlett's finest root vegetables.0 -
dolce via 1oz £35 in top high street store. for me to buy of dropshipper £57.56 so how do you make money id be very wary if any1 was thinking of doing it. You will just be wasting moneywon a chinese cookbook and Le Creuset Roasting Dish, Le Creuset Oven Gloves, a potato peeler, a bottle of Filippo Berio Mild & Light Olive Oil and a hamper containing all of Albert Bartlett's finest root vegetables.0
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