Dropship Daemon

Dropshipping & Wholesaling tips , tricks and lessons

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Reputable dropshippers will have refund and return policies posted clearly on their website or in their reseller agreement. However, when problems arise you must be proactive since the customer will look to you the seller as the responsible party.

Reassure your customer that you are personally taking care of the problem and will make things right. Then contact the dropshipper and work out the resolution with them.

Welcome to the wonderful world of online selling. You may have heard that fortunes are being made by people who are working out of their basements with only a computer, a fax, and a telephone. This is sometimes true. There are, however, also very large companies who are conducting complex business operations and who are also making a reasonable profit. Both ends of that spectrum often use the services of a dropshipper.

Wholesaler Dropshippers who work with internet vendors often carry impressive product lines that can contain almost any product you can think of. One online dropshipping company advertises a product line of over 50,000 items separated into virtual warehouses based on type, cost, etc. In order to gain access to these warehouses, a vendor must pay a very small monthly or annual fee to this wholesaler. The wholesaler, however, will sell his products to the vendor at wholesale rates.

It’s a simple fact that inventory in any sales venture can be a huge investment. Not only does the vendor have to deal with tying up his capital to purchase the inventory, he also must pay for warehouse space and insurance for whatever he is storing. By using the services of a wholesale dropshipping company, the vendor can avoid all of those costs. At the same time, the vendor can enjoy the advantages of having an entire inventory, packing, and shipping mechanism at the other end of a fax.

The dropship process is fairly simple. It has been around for a long time and has been used for decades by major retailers. You may have even purchased an item from a catalog. When the item was sent to you, it may or may not have come directly from the retailer whose name was on the box. Unlike a regular shipment from a wholesale warehouse, a dropshipment is a shipment of specific goods shipped directly to a single customer who ordered and paid for them in advance. Dropshipping is a huge benefit to the vendor who never actually purchases the items until he has already been paid for them.

The best-kept secret to selling consumer electronics is to niche it.

You may have stars in your eyes to think you can build a consumer electronics business like Amazon.com. As a one or two-person entrepreneur, sole proprietorship, or partnership, how can you compare to the Amazon.com organization that spent millions and millions to build the online business that took 6 or 7 years to come into the black with a profit? They obtained their operating and advertising money from capital investors and did a great selling job convincing the investors to pour in money year after year.

If you’re a small business and you want to sell consumer electronics you need to concentrate on selling the items with which you can capture a percentage of the market and make a decent profit margin.

You need to research your products for your supplier price and availability, and the market price that you can sell at, then calculate your profit margin. Many retailers of consumer electronics pick popular items and cut their prices to the bone to compete head to head with the big guys like Best Buy, Amazon.com and Circuit City.

A better track to run on is choosing higher end products that better informed customers might prefer and build a value-added mini-market around those special pieces. Provide the consumer electronics product, specialized accessories and related items making a profit center. Choose one central product like Home Entertainment, Racing Electronics or CB Radios and build around that theme every other
product that goes with them. You will find most of the related products at your wholesale suppliers and distributors.

Or provide a service center around one product type, like a camcorder battery replacement service for every type of camcorder on the market. With the right wholesale supplier you can have easy access to the camcorder replacement battery grid and they will drop ship to your customer their particular camcorder battery.

A value added product you can add to most any electronics sold are warranties. You can bundle these with your electronics sales and increase your profit margin. There are product replacement and service plans available from your wholesale distributor.

I did very well with items like Photo Printer Paper for the Canon CP-100 Photo Printer. There were four varieties and each had a profit margin of 40-60%. I had two very good drop ship suppliers that always carried these items and either one of them or both always had them in stock.

Another secret is to set up your web page for these items with maximum search engine optimization. Use the brand and the item number with description, like Canon KP-36IP Photo Paper for the Canon CP-100 Photo Printer.

This utilizes these keyword phrase combinations for a total of 1406 hits. Canon Photo Paper had 1096 searches in July 2004 on Overture. Canon KP-36IP had 107 and KP-36IP had 161. Canon CP100 had 42.

Go to Overture Keyword Tool and Google Keyword Tool to check out the best keywords to use in your description, limiting the keyword phrases to two for optimizing your shopping cart page.

Use the keyword phrase in the page title, meta tag description, meta tag keywords, in a Heading Title – H1 through H3 – on the page, and again in the product description.

Then use the same keyword phrase and description in your Adwords or Overture ad campaigns.

With these strategies you will be able to maintain high positions in the Search Engines and have many profitable sales.

“What Should I Sell on my Site?”
Far too many people make the mistake of trying to sell only products that they like on their web sites.
Others make the mistake of trying to sell only the coolest and flashiest things they can find.
The whole point of starting an Ecommerce web site is to make money. That’s something you must not lose sight of (no pun intended!).
Our business is to show people where they can find products to sell without investing a single penny in inventory. The approach is called drop shipping. This is where a wholesale distributor will ship a single item directly to your customer from their warehouse, AFTER your customer pays you for it. It’s the perfect way to start in Internet business on a shoestring budget.
The Directory we publish covers three quarters of a million products, from over two thousand well-known brand names, available from more than a hundred REAL wholesalers who will drop ship.
So why does everyone who uses our Directory try to sell electronics?
Ok, I guess I did the same thing. When I opened my first Internet store, I plastered the walls of that place with things that I though were cool. Stereo equipment, DVD players, Computer components. The shinier the better. I had the latest technology up there. Some of the items cost thousands of dollars.
I think that in the back of my mind, I knew that I wasn’t going to sell much of it, but it LOOKED really cool. I could show it to my friends and say, “Check it out…that’s MY store!” They were all suitably impressed, and I could walk around feeling like I was pretty slick. Whenever any of them asked me how much money I was making, I cleverly changed the subject.
The truth was that no one was buying much. Come to think of it, none of my friends bought anything, either. That should have told me something right there.
Look, electronics are a fine product to sell on the Internet. I only use them as an example because it’s a situation I can relate to. The problem is not the product; it’s the COMPETITION.
Most of the people I’ve seen start an Internet store want to know what the hottest sellers are on the ‘Net, so they can sell those products too. They’re missing the point, as I did. If you only sell the hottest sellers, you dilute your available customer base, because everyone else is trying to sell the hottest sellers, too! You also run into those bricks-and-mortar popular-item superstores that have millions of dollars to purchase tons of inventory at rock-bottom prices.
People buy all kinds of products. They don’t have to be cool or shiny. They just have to be things that people will buy.
Here’s an important ingredient for success on the ‘Net: sell those products that people use, but don’t stumble over every time they open a web browser.
When we build an Internet store, we do a little research first. Since we build stores in Yahoo Shopping (http://store.yahoo.com), we do our research in Yahoo Shopping. We know that at least 90% of our traffic is going to come from the millions of people who surf through there with their purses and wallets flapping in the breeze. So when we consider a new product line, we start a search.
If we were considering selling DVD players, for example, we would do a search on the term “DVD Player” in Yahoo Shopping. As of the date of this article, such a search turns up 7,813 DVD Players available from 496 stores.
Do we want to become store number 497, add 20 or 30 products to the nearly 8,000 that are already available, and hope we sell something?
I think not.
Since we use our own Directory exclusively as a source of product suppliers who drop ship, we go back to the Directory and look around at some of the available product types. We notice that one of the wholesalers we list carries a complete line of Fiskars brand Yard and Garden tools. Will people buy these products? Hmmm…people HAVE been known to work on their yards and gardens, when they’re not playing with their electronics. Fiskars is a well-known brand name, so our customers would feel comfortable with it. It happens to be late spring, so it’s reasonable to assume that people will be buying garden tools for some time still this year.
So let’s check out the competition.
We want to know how many other people are selling Fiskars products in Yahoo Shopping. So we search on “Fiskars”. Only 54 stores selling Fiskars products right now! That’s considerably better than 497 stores selling the electronics we were considering.
Are these store devoted to selling ONLY Fiskars products? Wow…not a single one! All the top search returns are stores selling general merchandise.
When we build a store, we like to specialize in one product line. There are many benefits to this; chiefly the fact that customers feel more comfortable in a store that does one thing, and does it well. It’s also much easier to rank a single product line in the major search engines than it is to rank a general store with lots of unrelated products.
Ok, we have a product line that we feel will sell, and the competition in the Fiskars brand name itself is minimal and unfocused.
However, when people search for garden tools, they’re going to use search words like “Trowel”, and “Pruning”. They’re not going to search on the term “Fiskars” very often, unless they’re looking for scissors. So, we go back to the Yahoo Shopping search engine.
We search on “Gardening Tools”, and we find 113 stores carrying 324 products. Still not much competition. Even better, NONE of these stores are focused on just gardening tools. They are gift stores, general merchandise stores, etc., who just happen to have the word “Gardening” somewhere in their product description. We know that we can put the word “Gardening” in our very product names themselves (ex.- “Gardening Trowel, Steel, 9 Inch”), and we will show up right at the TOP of a search on the word “Gardening”.
We search on the word “Pruning”, and find 81 stores carrying 418 products. Still not a problem, since the top returns are BOOKS on pruning, and the rest are more unfocused sites.
After a little more searching, we’re convinced that we’ve found a product line that will sell well for the rest of the Spring and Summer. Since it only costs us $100 a month to open another small Yahoo Store, we more than happy to do it. In the Fall, sales will slack off, but we have other stores that are geared toward Fall and Winter merchandise. They are also small and focused, and no matter how many Yahoo Stores we open, we know that each one of them will easily cover it’s $100 a month cost, and turn a profit of some kind all year ‘round.
Of course, now that I’ve opened my mouth and told everyone about Fiskars, we’re going to have to scrap that idea and go back to the drawing board! That’s OK, though…we have nearly half a million others to choose from.

Where else can you start a business that doesn’t require a fortune? What other types of businesses can you make money from that reaches across the globe without you having to change out of your pajamas at all? What other types of businesses allow you to make money online even if you didn’t have a single product or service to sell or promote?

The answer…NONE!

The beauty of an online business is that you can start an online business anywhere, anytime with very little startup capital. In fact, some opportunities will even allow you to make money online without having to come up with a single cent at all! For instance, making money online through affiliate programs or selling products through a dropshipper at online auction sites. You can even make money online writing your own books or information products and selling them online. There’s lots of money to be made online! That’s precisely why many people quit their day jobs and start their own online businesses and make a very nice income working from the comfort of their homes.

It’s not all hype, for sure, because thousands and thousands of people are making an income online (if not a fortune), why not you? Why not your next door neighbor? Why not your sister? Anyone can make money online.

However, there’s a need to debunk all the hype and miraculous opportunities that many people try to lead vulnerable people to believe. Like, have you ever seen ads that go something like this:

MAKE MONEY EFFORTLESSLY FROM YOUR HOME AND EARN $108,238 IN 3 DAYS! HERE, DON”T MISS OUT…

As an Internet Marketer, it’s my job to tell you that it’s hard for anyone to make that kind of money in 3 days. There are exceptions to that rule, I know several internet marketing gurus who have made more than that in 24 hours, but that kind of success didn’t happen overnight most of the people in this caliber have been working online for years and years to get to this point. The truth is that YES, you can make money online and you can even get insanely rich! But it takes time. It takes effort. It takes patience. It takes perseverance. In actual fact, I can tell you from personal experience that it’s not very different from any other types of ‘conventional’ businesses. There’s no miracle formula and there’s no magic wand to wave. However, just like with anything in life, you’ll probably have to work very hard at your business before you start to make money online.

With that said, I will now tell you that it is POSSIBLE to make money online…..very possible and once you learn the ropes, you can duplicate that system and make more and more money online quite effortlessly and easily. With the kind of information and resources available online, to make money from an online business is not only possible, it’s almost a sure thing as long as you pick a legitimate opportunity and stick with it.

You won’t be rolling in money in three days but you can and will make money online from your online business if you are prepared to learn, to work at the business and be persistent and bull-headed about the success of your online business!

I say GO FOR IT!

How to Ruin a Perfectly Good Product Market”
Those of us who own retail Ecommerce sites are always looking for wholesale pricing from the suppliers of the products we want to sell.

Unfortunately, many people don’t know what a wholesale price IS, or even what to DO with it when they find one.
By definition (Merriam-Webster’s Dictionary), the word “Wholesale” means “the sale of commodities in quantity, usually for resale (as by a retail merchant)”. That definition has been around since the 15th century.
It does NOT mean “the absolute rock-bottom most dirt cheap price ever so that you can beat everyone else’s prices no matter what”.
There are some very good wholesale suppliers of brand name products out there. We publish a Directory of those who are willing to Drop Ship those products directly to your customer from the warehouse, one at a time, at wholesale. It’s an excellent way to do business without spending a ton of money on stocking an inventory. However, to be successful in business, you need to understand what “Wholesale” really means.
A Wholesale distributor is a company that owns their own warehouse (no middlemen) and supplies you with products at prices that are significantly lower than Manufacturer’s Suggested Retail Price (MSRP). That’s what wholesale means.
So why do you sometimes find wholesale prices on some products that may be very close to the RETAIL prices for that same product on the Internet? So close, in fact, that there is not enough of a profit margin to make it worth selling?
Here’s one very big reason:
Chopper Bob has opened a store on the Internet. He thinks he’s come up with an original idea. He’s going to chop prices right to the bone on the products he sells. He thinks that because his prices will be so low, EVERYBODY will buy from him, and he’ll make lots of money by selling large numbers of products. All those small profits will add up to a lot. Chop, Bob, Chop! See Bob Chop!
Chopper Bob is essentially chopping his own throat, although he does not see that yet.
Chopper Bob finds his first product to sell. It’s a brand name VCR. This VCR has a Manufacturer’s Suggested Retail Price of $149. This is the retail price that the manufacturer suggests it be sold at in order to make a good profit.
Chopper Bob has found that the wholesale price on this VCR is $69. At that wholesale price, the profit margin to be made by selling it at MSRP (Manufacturer’s Suggested Retail Price) is 54%, which comes out to an $80 profit on each sale. That manufacturer has made a pretty good suggestion, wouldn’t you say?
However, Chopper Bob believes that he is the first human being in history who has decided to sell at dirt-cheap prices and make money on volume sales. Because he is Chopper Bob, he’s going to Chop the price on that VCR on HIS web site all the way down to a mere $79.
People are going to flock to his web site, and buy thousands of VCRs for $79. Chopper Bob is sure that he will get rich from all those $10 profits, once they begin to add up. Internet Retailers will tell stories of his success for years to come.
Pretty soon, some people DO start to come to his site, and they start ordering VCRs for $79. Chopper Bob is happy. He was right!
However, people who want to order VCRs are not the ONLY people coming to his site. There are also people coming to his site who want to SELL VCRs.
You see, Chopper Joe has also decided that he is going to undercut everyone else and make big money on volume sales. Surprising? Not at all. Most people who decide to open a business entertain this idea at least once.
Chopper Joe searches the Internet for the absolute lowest-priced competitor, and finds Chopper Bob selling the VCR for $79. Chopper Joe puts it on HIS site for $78.98.
Now, along comes Chopper Jane, also searching for the lowest priced competitor. She finds that it’s Chopper Joe, and SHE starts selling the VCR for $78.88.
Pretty soon, this turns into a feeding frenzy that would scare a Great White Shark.
The result of all this? The market price of the VCR (the price that it’s generally available for sale at) plummets from the MSRP of $149 all the way down to about $78.
Suddenly the original genius, Chopper Bob, finds himself undercut at every turn, and everybody is selling the VCR dirt-cheap. Now that there is so much competition at that same price level, nobody is making any money.
As long as you’re dealing with a genuine distributor, like the ones we list, you will always find a good margin between Wholesale and MSRP. It’s the fact that some people drive down the market prices on certain products that causes the problem.
The manufacturer and the wholesale distributors of the VCR don’t care about this. They are still selling the VCR at their wholesale price of $69, and now a LOT of them are being sold, because of all the price-choppers who are killing the market price of the VCR, and their own businesses along with it. In a few months, the manufacturer will change the color of the VCR, slap a new model number on it, and the whole cycle will start all over again.
Please don’t make the mistake of thinking that YOU can’t sell that VCR for a higher price than Chopper Bob. You can. What you have to realize is this:
The Internet is a very big place. Not everyone is going to FIND Chopper Bob’s site. In fact, the vast majority of shoppers WON’T find it.
Most shoppers are very leery of sites like Chopper Bob’s. People who get themselves involved in pricing wars tend to spend all of their time being mad at their competition, and to forget about customer service. You and I both know that we have paid a little more to purchase a product at a store we trust, rather than just going for the absolute rock-bottom price.
Thankfully, I see this type of situation mostly in just one area right now…consumer electronics. There are hundreds of thousands of other products that can be sold at very good profit margins without running into Chopper Bob and his buddies.
However, that does not mean that you can’t sell consumer electronics. You can sell anything you want to, no matter what the competition’s prices.
Sales is a bit of an art form. If selling something were simply a matter of the absolute lowest prices, Wal-Mart would be the only store on the face of the Earth.
Without going into too much detail, sales is a mixture of choosing the right product, or combination of products, for your web site. It’s presenting a clean, attractive, focused site. It’s giving the customer some little value-added bonus at your site. It’s providing the absolute best customer service that you can. All these things help a customer to trust you, and when they trust you they are willing to buy from you, even if in some cases, some of your prices are a bit more than they find on other sites.
We never sell the products on our Ecommerce sites at the lowest price, and we do just fine.
If you feel that you must Chop something, Chop your customer service response time. Chop a few kilobytes off your graphics, so your pages will load faster. Chop the “dead wood” out of your site by getting rid of products that are overexposed on the ‘Net.
Leave the price chopping to Bob and his buddies…they’re only hurting themselves, not you.

So how do you eliminate your competition without bloodshed?

To compete with other businesses nowadays (especially online) you need something that nobody else can copy. A one of a kind so to speak!

You must distinguish yourself from your competition. Distinction is something that clearly makes your business different from all of your competitors and sets you apart.

In order to effectively distinguish yourself from your competitors you must know who your competitors are and the niche they market to.

That means you must identify your exact target audience?

If you can’t do that, you will have little or no success in to creating any kind of distinction.

The easiest way to create distinction is to think like your target audience or customers. Know their exact needs, wants, goals, problems and interests and improve on them by adding distinction!

Use your brainpower. Ask yourself questions like: How can I set myself apart from my competition? What could I offer my niche that my competition can’t? What can I do to put my business at the top of the pile?

If you keep asking these questions your mind will eventually start shooting out more ideas than you can handle. One of those ideas might provide you with the distinction you’re searching for.

If you can’t find something that your competitors aren’t already doing don’t panic. Pick a service that you mutually offer and improve on it.

Here Are A Few Ways To make yourself Distinct & Outsell Your Competition

The keys to outselling your competition are to compare your product to theirs.

When you find the differences between products, use your findings to improve your product. Below are 12 things you can compare and improve upon to outsell your competition.

Price – Can you offer a lower price? Can you offer a higher price and increase the perceived value of your product? Do you offer easier payment options than your competition?

Packaging – Can you package your product more attractively? Do the colors of your package relate to your product? Can you package your product into a smaller or larger package?

Delivery – Can you offering cheaper shipping? Do you have a high enough profit margin to offer free shipping? Can you ship your products faster?

Benefits – Can you offer more benefits than your competition? Are your benefits stronger? Do you have believable proof that supports your claims?

Quality – Is your product built and tested to last longer than your competition? Can you improve the overall quality of your product?

Performance – Can you make your product faster at solving your customer’s problem? Is your product easier to use than your competitions?

Features – Can you offer more product features than your competition? Do your features support the benefits you offer?

Availability – Is your product always available or does your have to backorder it? Can your product suppliers drop ship to your customers?

Extras – Do you provided free bonuses when your customers buy your product? Are your bonuses more valuable than your competitions?

Service – Do you offer your customers free 24 hour customer service? Can you provide free product repair? Does your competition make their customers talk to a machine?

Proof – Can you provide more proof than your competition that your product is reliable? Can you provide stronger testimonials or endorsements?

Guarantees – Do you have a stronger guarantee than your competition? Do you offer warranties with your product? Do you provide an easier return policy?

Selling on eBay is salesmanship multiplied to the nth degree. In this fashion, it’s similar to direct response marketing. But unlike typical direct response sent to a narrowly-defined mailing list, your potential exposure is unlimited in its reach. Your audience is global in nature and your sales message is out there 24 hours a day, for the duration of each listing.

Never before in history has the individual entrepreneur had so wide a reach, such unlimited marketing power and potential for profit working from a single computer, in the corner of a spare room.

Just think about that power for a moment.

eBay gives you unprecedented and unlimited opportunity. At any hour of any day, you can create a listing to sell just about anything. Once posted, your listing is accessible to anyone who’s interested, wherever they happen to be.

eBay enables you to compose a simple listing, post it, and have it work tirelessly around the clock for as many as ten days at a time (or longer with an eBay Store). You have the capability to reach hundreds of potential buyers for mere pennies each time. And for every item you list, you potentially reach another audience that’s just as eager to pursue it.

There’s no limit to how far you can ride this thing. You can repeat the process with many different items, as often as you want. What makes eBay exceptional as a marketing venue is that you get to make your most compelling sales presentation every time. You don’t have to worry about forgetting an important detail or key point, spewing out a canned pitch, or meeting your potential buyer face-to-face and sweating bullets when asked a difficult question. No, no, no! You can think through your listing and polish it up before unleashing it to the masses.

Simply provide your most important item information in an appealing way. Each time a prospective buyer checks out your listing, your best salesperson emerges confidently… energetically… and inexpensively.

Never before has such financial power been available to anyone with a computer and internet connection. eBay represents a revolutionary opportunity to build a global business from your basement. You can reach out to people around the world within minutes and sell to those you probably couldn’t affordably contact any other way.

What’s really terrific about selling on eBay is that you control your level of activity. You can ramp up your efforts… or scale back to any degree, according to your schedule and personal preferences. You can even pack it up and take it with you wherever you travel, should you so desire. Few, if any other moneymaking or business opportunities give you this kind of flexibility and portability.

Some sellers make millions of dollars every year on eBay. Others are content to sell an item here and there and pocket a little spare change. Top sellers are pros who know what sells and have established connections with manufacturers and suppliers. They know how to create listings that get people to buy and their systems ensure healthy profits.

But this course is written for the remaining 98.7% of eBay sellers. I’m one of you. I’ve made some good money on eBay over the years. But I’ve also experienced the frustration of paying for listings only to find that my item didn’t sell. “What’s going on?” I wondered. “I thought anything would sell on eBay.”

It’s best to keep that underlying idea in mind as you create each individual listing. Most items don’t generally sell themselves. Remember this and give it your best shot every time out and your bottom line results will improve.

To some, “sell” is a dirty word. They’ll do almost anything to avoid it. Perhaps this is due to a deep-seated resentment of door-to-door salespeople, interruptive telemarketers, or used car sales types who will tell you just about anything you want to hear in order to close the deal.

On eBay, you don’t have to worry about face-to-face selling or the frequent rejection that goes with the territory. What you’ll learn here will help you get better results by allowing your words and images to communicate effectively and convince others to bid or buy now. If you’re up for that – this course is written for you.

Most sellers leave money on the table. They accept much less for their items than they could get, if they only applied effective sales psychology and basic, proven, copywriting principles to their listings.

The problem of items selling for much less than they should usually comes about as a seller rushes through the sometimes boring and tedious job of creating and posting an auction listing. They speed through just to get another item listed, in the hopes that its mere presence in the eBay marketplace will cause a stir and bring them another profitable sale.

That strategy might work if you’re selling a product that’s red hot in the marketplace and wanted by huge numbers of people. But it’s a recipe for failure with most items.

Another dangerous approach is to throw together an ad just to get an extra item up on eBay. It’s an easy trap to fall into – I’ve done so myself. You may very well sell your item. But even if you do, it will probably go for a lot less than it could have, had you taken even a few minutes to inject some selling power into your Title and Item Description.

Even conscientious sellers leave money behind with their listings because they simply don’t have a good understanding of what it takes to create ad descriptions that make people want to bid and buy. They don’t understand the basics of copywriting and so their ads lack persuasive power. Whatever the case may be, this resource will help make you more money from the same number of listings you would normally post on eBay each month. Keep reading.

Truth is… pretty much anything under the sun – as long as eBay allows it – can and has been sold there. Items I wouldn’t think of buying at any price (at least before I learned the secrets of huge profits on eBay) have sold for hundreds – even thousands of dollars. Yet frustration is fueled when an item you know in your heart is valuable and worth a considerable sum to you, remains unsold at the end of the auction.

That in itself is a valuable lesson. Just because you’re attached to an item, or feel it’s worth a lot of money to you, doesn’t mean others will feel the same way.

What I’ve learned about making the most of one’s own sales efforts on eBay is shared throughout this course. But a fundamental revelation to remember is this: most items don’t generally sell themselves. Sure there are exceptions. And you can probably find examples yourself of items that fetched enormous amounts of money despite the rather lackluster advertising associated with it.

eBay being the marvel that it is can deliver huge profits without much in the way of a “killer” ad generating enormous amounts of interest and action. The reason for this is that some products are occasionally in such high demand from people who have already been “sold” that they’ll even pay outrageous sums for certain merchandise.

But if you’re banking on this, you’re essentially setting yourself up for disaster. In fact, the myth that an item sells itself will lead to ruin more often than not for aspiring eBay profit seekers. A lucky score is great. But it’s not a sound basis for creating a long-term income stream.

1. Sell your products at a wholesale price to retail web sites. You could sell them individually or in bulk.

2. Set up joint ventures with other businesses to sell your product to new customers. They can introduce it to their customers for a set price.

3. Allow other web sites to sell your product for a set commission. They can take a percentage of the sale and send you the rest of the order to drop ship.

4. Sell your product through an affiliate program. You just pay people a set commission for each of their sales or click throughs.

5. Sell people the rights to reproduce your product. You could sell them straight out for one price or collect royalty payments from each sale they make.

6. Set up a cross promotion deal with another web business. Allow them to sell your product as a back end product to their existing customers base.

7. Sell your product in a package deal with other web businesses. You can both advertise it and split the profits.

8. Rent your products out for a set period of time. It’s like selling but, you get the products back to rent again.

9. Allow people to subscribe to your products. It works best when selling info products, services or memberships.

10. Allow people to lease your products. It’s like renting them but they have the option of buying at the end of the lease.


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