Drop shipping is one of the best ways to make money on Ebay. Using drop shipping, you can list an item for sale that you don’t already have. Once you’ve sold the item and collected payment, you simply take a portion of that payment and send it to your wholesale drop ship supplier. Whatever is left over is yours to keep, and you don’t need to hassle with things like shipping costs or packing.
Still, there are some important things to consider when you’re using drop ship wholesale suppliers on Ebay. Keep these three things in mind at all times:
Understand the quality of the product. It’s important that you choose a wholesale supplier who won’t just randomly switch inventory or manufacturers without letting you know. This allows you to be sure that the product you’re selling to your customer is the product that they will actually get. If your product varies from the Ebay listing, you run the risk of negative feedback which will harm your Ebay business over the long haul.
Understand customer expectations. For whatever reason, people that buy products on Ebay and online tend to have much higher expectations that people that buy products in other sorts of direct marketing arrangements. Buyers expect you to offer a photograph of the product, as well as a specific list of features. When they receive the item, they expect it to look exactly like it does in the Ebay auction. If it doesn’t look the same, they probably won’t be satisfied. Here again, you run the risk of getting negative feedback on your Ebay seller account.
Finally, don’t forget that auctions are auctions. The fact of the matter is that, when you auction an item on Ebay, you’re expected to agree to sell the item regardless of the closing price. This means that, if you’re not careful, you can wind up selling an item on Ebay that actually sells below your own costs.
There are a couple of ways to avoid this happening, of course. First of all, you can choose to only list fixed price or “Buy It Now” auctions. This means that your auctions are more like catalog listings, with a set price no matter who buys it. Another option is to set a higher minimum bid, so that the item doesn’t sell for less than what you’ll pay for it.
Ultimately, making sure your feedback stays high and that you follow all Ebay policies is key to your business’ success.
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