When you are looking for a home based business, eBay drop shipping could be an excellent opportunity to start your business. You would possibly want to know what eBay drop shipping is all about, before you decide to be part of it.
In very lucid terms, wholesalers of different products generally carry large stocks and can offer decent discounts compared to the retail price of the specific product. First, you will identify a few wholesalers who are willing to drop ship against your orders. Once this is done, you can seek the wholesaler’s price to you and then place your price in your e-bay store.
The customer looking for the product accepts your offer and an order results. When you receive your order and the payment from your customer, you pass on the order to the wholesaler who will dispatch the stock you sold on his behalf, to the end customer.
In this transaction, you generate a profit between the wholesalers price and the actual price you realized from your customer. The only expenditure you will incur is the fee you pay to eBay to list your item. Almost every drop shipper will put your address as the sender so that your customer knows that it is from you.
But, your risk in eBay drop shipping is, you never get to see the goods and if for any reason, the shipment is delayed, or the goods your drop shipper sent are defective or damaged, your reputation can be at stake and potentially, you could also lose customers/s. Of course, there are several drop shippers who provide decent services