Loading ...Drop shipping is a technique used by retailers so that they do not have to hold stock. This is a great method if you are selling products online because you do not have to store the things that you wish to sell. You promote products that are offered by your drop shipping supplier at a price of your choice.
Once you make a sale you order the product from the supplier and it is sent directly to your customers address. You make money by setting your own profit margin on the items that you are selling. For example if it costs £5 from your supplier and you sell it for £10, you get £5 just for promoting the product. Just ensure any postage costs are also covered.
Drop shipping suppliers allow you to create your own online store or sell products on sites such as eBay without having to worry about the shipping of the item. The only issue that may arise is if your supplier runs out of stock therefore delaying delivery of the item.
Drop shipping is a great way to earn extra money. You can process orders in the evenings when returning home from work or you can do it full time. The downside is that your supplier will add more profit for themselves onto the product that there would be if you were buying directly from the manufacturer. However on the upside you do not have to pay to store the stock.
There are many drop shipping suppliers for a whole range of products which allows you to choose one that has products that you want to sell. You need to be careful when choosing your supplier because there are many con artists out there. Do research on the website that you find and look for other customers experiences with them by searching online forums etc.
Here is an example of a drop shipping website.
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