Auction Information

The Drop Shipping Business


You have suddenly found the perfect business and you are all geared up to make lots of money. You have see the ads about Drop shipping and it sounds great.

Well of course it is great for some people! BUT will it be great for you?

Of course it will you think! Well think again its not as easy as it sounds and don't be fooled into thinking you don't need money.

First of all you start your search for drop shippers, Wow there is loads. Go on click on one or two.

That's right you have a found a great drop shipper but first of all they want a joining fee, OK you join, now what! You find it is a list with loads of drop shippers you can use. This is even better, so you click on one or two, and lo and behold they want you to pay as well to sell their products!

Is it a wind up? No they really do, It might be just a few pounds or a lot of pounds. And then to make things worse some of them want holding fee to make sure you use their site. It could be £20 or £30 depending on which site you pick. They call it a trust.

OK you pay up again, but oh the disappointment when you see their sale products, Most of them are already advertised on Ebay and other auction sites, and when you check they are selling them at much cheaper prices than you could ever hope to do.

WOW again, you have found one that is really free to use, yes there are a few out there. BUT a slight drawback. They have a big warehouse, but evidently this warehouse only stocks one of each product or so it seems.

Ok you decide to have a go any way, perhaps you have chosen jewellery, so you go to Ebay and put a gorgeous gold ring on auction for five days. Great someone has made a bid, at the end of five days you find you have made a nice little profit. They pay up and off you go to warehouse to pay the cash so the ring will be drop shipped to the customer.

Oh dear they have run out of stock! not surprising when there was only one to start with. What do you tell your happy customer who thinks they have just got a bargain and they are eagerly waiting for it.

What a great start, your disgruntled customer leaves you negative feedback and wham that's a black mark on Ebay.

So back you go and read every thing you can if they have a forum. What is the advice that you find, Purchase first to be sure of the product then put it for sale. So much for starting your business without having to spend.

If you can afford to purchase it then go ahead, it is a risk like anything else, but when you see hundreds of the same or similar on the auction you just have to hope that yours is the chosen one that they bid on.

Its quite true that some one some where will bid on anything, so instead of spending £10 or £20 on a piece of jewellery or whatnot, take a tenner and go to your nearest pound shop and buy ten items, see what you make on them.

That is my advice, take it or leave it. I bet you make a profit.

Sylvia White Author and website owner of http://www.sylviawh.co.uk; http://www.u-want-money.com; http://www.geocities.com/sylviaworkathome


MORE RESOURCES:

NJ.com

US to Auction Slots Soon at New York City Airports
New York Times, United States - 12 hours ago
The administration describes the auction as a way to use market principles — mainly money — to ration a scarce commodity, the right to land in the New York ...
FAA advances NYC-area airport slot auctions plan BusinessWeek
New York airport slot auctions to be held soon asap News
FAA To Auction Local Airport Slots NY1
all 21 news articles


BBC News

Microsoft Targets Auctions in Counterfeit Crackdown
PC World - Dec 4, 2008
The 63 actions are against people allegedly selling counterfeit versions of Microsoft Office, Windows XP and other products at online auction sites, ...
Online auctions remain piracy problem for Microsoft CNET News
Microsoft cracks down on e-auctions IT PRO
Microsoft targets Office 'Blue Edition' counterfeiters ZDNet UK
BetaNews - International Business Times
all 38 news articles


Outdoors notebook: Evers auctions fishing trip
NewsOK.com, OK - 2 hours ago
Pro bass angler Edwin Evers of Talala said he decided to auction a fishing trip for a local charity after realizing how many people need help. ...


National Wholesale Liquidators auctions off assets
Newsday, NY - Dec 4, 2008
BY KEIKO MORRIS | keiko.morris@newsday.com West Hempstead-based discount chain National Wholesale Liquidators held an auction yesterday to sell all of its ...


Sotheby’s, Christie’s Contemporary-Art Sales Total Drops 17%
Bloomberg - 15 hours ago
5 (Bloomberg) -- Annual sales of contemporary art at Sotheby’s and Christie’s International’s flagship auctions in New York and London contracted 17 percent ...
Sotheby’s, Following 3rd-Quarter Loss, Says It’s Cutting Jobs Bloomberg
Sotheby’s Says It Cut Jobs Following 3rd-Quarter Loss (Update1) Bloomberg
Banker Portrait Fetches 15 Times Forecast at London Art Auction Bloomberg
all 5 news articles


Brazil stocks fall, currency seesaws after auctions
Reuters - Dec 3, 2008
The central bank also sold $1.96 billion in dollar repurchase agreements in an auction on Wednesday aimed to improve credit to exporters. ...
Brazil real hits 3-yr low vs dollar; stocks gain Reuters
all 35 news articles


Inland Real Estate Auctions, Inc. Sells Industrial Site in Seneca ...
MarketWatch - Dec 3, 2008
"The auction process allows the marketplace to determine the value of a property, and in this case the buyers were clearly drawn to a site with excellent ...
KPMG Corporate Finance LLC Taps Renowned Auctioneer Frank J ... MarketWatch
all 11 news articles


Don't miss these top stories:
MarketWatch - 19 hours ago
Selling homes at auctions is nothing new, but these days some builders see it as a way to move product fast in a slow market. That's good news for the home ...
Buyers flock to condo auction, ready to snap up bargains MarketWatch
all 4 news articles


Hillsborough Auctions Foreclosed Homes At Rate 'Never Seen'
Tampa Tribune, FL - 7 minutes ago
By SHANNON BEHNKEN | The Tampa Tribune TAMPA - There were 163 homes scheduled for sale by auction Thursday at the Hillsborough County Courthouse – more than ...


Auctions offer deals on foreclosed homes
KTAR.com, AZ - 13 minutes ago
However, David Levy with Rising Tide Auctions said the starting bid for those homes and many more with be $10000. "People need to realize going in that this ...

Auctions - Google News

home | site map
© 2006