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 Can Drop Shipping Work For Your Home Based Business?Submitted By: Troy Breitmeyer There is much discussion throughout usenet, chatrooms and forums about drop shippers, and I have sat through many heated threads about the subject. Many will tell you that drop shipping is a scam, it don't work, you'll never make any money...But I know these things just not to be true, as I have talked with those doing it, work with those who do, and am the webmaster of the site belonging to someone who manufactures and drop ships his products. I have also used this method in the past.First of all, using drop shippers is not a get rich scheme, or is the answer to all of your problems, and, like any home based business, requires some research and some work, but done correctly, can be very profitable.Let me explain the proccess in a nutshell.First you decide what you are going to sell online. You then find a drop shipper that carries the product. You place the images and descriptions on your website or auction. When you make a sale, you send the order on to your drop shipper, who in turn sends the product to your customer. The profit that you make is the difference in the price that you charge.That is the process in a nutshell, but it is a bit more complicated than that. Let me explain...Deciding what to sell is one of the most important decisions that you will make, and this is where many trying to get into the business fail. You must take the time to research the market. This research involves finding out these things...1) Pretend for a moment that you have decided to sell remote controlled coffee makers,(I am using this as an example, as one of these sounded real good yesterday morning. Pardon me if I sound like your Junior Achievement teacher in high school.) and is there alot of people selling these handy little devices? If there is, this just might not be a good thing, as an oversaturation of a product makes it difficult, or impossible market to compete in. You can find this out by going to eBay, or to search engines and looking at what others are doing. An over saturated market such as home electronics is just about impossible to compete in, without cutting prices, and right square into your profits. This is why someone selling rolling pins or dog shampoo might just make a killing, while the guy selling car stereo systems is not selling anything but a pretty cool website.2) Are there people actually buying Remote Controlled Coffee Makers? One way to find out, is by going to eBay and looking at click here for the rest |
 
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