As the marketing business continues to move forward, there continues to be new ways of being able to business online. One great business that continues to stay strong is drop shipping. Here’s a diagram on how drop shipping works and can be used to your advantage:
Drop shipping can work in different ways depending on what your plan is but most importantly how your finances are looking like. We will cover three different methods of being able to start your own drop shipping business using eBay, Amazon, or a third party vendor.
First thing to know is what is drop shipping? Drop shipping is when “you” the reseller makes an agreement with a third party to selling their product. Typically the reseller will get wholesale prices from the third party, and the third party takes care of shipping and handling. This means “you” as the reseller sells the product at any price desired, basically promoting the third parties product and getting a profit from what it is sold for.
eBay is great way of source of starting your business as it already attracts thousands of different clients each day and from all over the world. This saves you a whole lot of time trying to draw clients to your own personal website. eBay is the largest auction website in the world putting yourself in a pot full of competition. Being surrounded by thousands of others trying to sell the same item at the same time means you must have the lowest price overall including shipping and handling. This could put a stomp into your business as your products aren’t moving as you expected and might encounter a huge disappointment. On top of being in the middle of this huge pool of competition, eBay requires fees when doing drop shipping in their website depending on your listings. Customers that shop on eBay are likely not to buy from the same distributor twice as auctions are constantly changing. This means that you’re not really building any reputable relationship with your customers.
Amazon is also a great platform of running a drop shipping business. Unfortunately, Amazon has similar pros and cons as eBay. Most sellers that sell on Amazon tend to come from eBay and only raising their prices for extra profits. Amazon also has fees for those who would like to do drop shipping through their website. Yes, Amazon has an amazing amount of viewers every day and from all over the world potentially getting your business running in no time. In order to be on top you need to make sure you have the lowest cost and being a reliable distributor if you want a consistent flow of sales. Just like eBay, Amazon buyers tend to shop from the vendor one time and never look back to buy again from the same distributor, not allowing the seller to build any type of relationship with its buyers.
As you see, Amazon and eBay can be an extremely competitive industry to start a drop shipping business but it’s not something to disregard. With over a decade of experience, Motionborg continues to recommend their clients that the best way of building a drop shipping company is by building your own site and doing all the leg work. Promoting a business is not easy and might take months-and-moths to finally get where you want to be, but it will eventually pay off at the end. Building your website and doing all the manual work will help to build loyal customers that will always come back to you and will also spread the word about your business. Customers are your best source of promotion. Even though SEO (search engine optimization) is not an easy task to keep up, it will never fail you keep bringing new customers in. Constantly being active with blogs and backlinks will tremendously support your name and what you’re doing to accommodate your clients. People need to know what you do and there’s no better way to let them know by blogging and doing backlinks in different websites. Build new friends and tell them what you do, these friends will spread the word for you if you have a solid plan and carry yourself as a professional business person.
Finding the third party drop shipping companies is the hardest part to starting your journey. This might take many phone calls, emails, and possibly couple of headaches but once you find the perfect partner it’s time to apply everything you have learned and call Motionborg to help start your dream business.
Conclusion. If you decide to build a drop shipping business, building your custom website is the way to go but it’s also important not to disregard other sources such as eBay and Amazon to help you generate some income. Motionborg first recommends finding the ideal partner that you plan on doing business with. Once you have found the perfect company to do business with, Motionborg will be able to help you setup your business up in no time. This would include your business cards, a full website ready to publish, your own domain, publish your site to SEO to assist your site with bringing in customers. Most importantly Motionborg will get in contact with your third party to make sure we receive all appropriate information that your website needs. Once you have launched your website it’s important to keep in mind that maintaining your website up to date is as crucial as always trying to improve your business.
Contact us today and see how Motionborg can help you getting your new dropping business started! Consultations are FREE!
Other related link(s):
+”Website Maintenance is Key to Success”
by Benjamin C Ramirez
MOTIONBORG, Inc.
Technology Consultant at MOTIONBORG
With a natural passion for technology, he is always on the search for next great invention to test out and play with. Enjoys sharing his thoughts and knowledge with others through blogging. Helping business owners on how to better utilize technology to their advantage has become the true meaning of success and life.
Latest posts by MOTIONBORG (see all)
- Speed Up Your WordPress Website with Security Firewall & CDN - April 25, 2019
- Choosing the Plugins for Your Right WordPress Website - April 25, 2019
- Why You Need Social Media Pages to Promote Your Website - February 18, 2019