Build Your 6-figure Ebay Income Series - About The Myth - Make Easy Money On Ebay
It’s easy to fall into the “drop ship” trap when you first start out on eBay, simply because it feels like someone will do all the work for you. Heck, you only have to pay them when you make a sale, not to mention they’ll even put your name on the box and ship the product for you. Doesn’t that sound convenient?
But what you don’t know about these drop shippers is that they are not true wholesalers. They are just middlemen, selling products to you at much higher prices than true wholesalers! After all, they have to have an incentive to offer you their services.
Now, you might still think this is not such a bad deal. Maybe you just hate packing or stocking products. But have you ever wondered why most drop shippers charge a fee before you can check out most of their products? They’ll usually showcase a few high margin products on their main page, and compare their prices to typical eBay prices in order to lure you into a false sense of security (i.e. make you think that you can make massive profits). The problem is, once you pay up, you’ll see that most of their products are sold for below cost on eBay.
Remember, eBay is known to be a place to find good deals from a buyer perspective. So you can expect nearly cutthroat competition for sellers. Unless you distinguish your products from the other hundred sellers, or are known for exceptional service, you have to offer lower costs, period. And unless you get access to true wholesale prices, you’ll consistently see other sellers selling products for less than what you have to pay.
Real wholesalers are often hard to find for the average eBayer like you and me, as they typically only work with merchants who sell large volumes of goods. But know that it’s still possible for us, just difficult. So don’t resort to a drop shipper just yet. Spend some time doing research online and offline, and you may just stumble upon a gold mine.
Sherry Han is an eBay powerseller who runs several successful eBay businesses. She recently started a membership site to teach aspiring eBay business owners many insider tips and tricks needed to build a 6-figure income. If you are interested, check out Rich by Ebay While there, sign up for the 7-day eBay success e-course and receive a free 17-page report on 4 dead easy, out-of-the-box ways to make money on eBay. Visit http://www.richbyebay.com for more info.
Tags: ebay income, ebay profits, ebay secrets, ebay success, make money on ebay, make easy money on ebay
