What is dropshipping, what is wholesale?
Posted on June 29, 2010
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You’ve just created your Ebay and Paypal accounts and want to know more? Ok, this is exactly what you need next.
I wrote a bit about finding suppliers, but before it you need to know some terms.
Dropshipping
Most simple and best opportunity to get some items for selling on Ebay. Principle is very simple. You list items from supplier list on your Ebay listings page. For example Led Flashlight. After few hours some guy buy it from you. He pays to your Paypal account. Then you go to your supplier site and make an order of Led Flashlight. But the item comes not to you, but straight to buyer. Sure in order phase you need fill the buyer details. Check image bellow for better understanding.
Wholesale
It is method for people who have funds to buy bigger quanity of items. How it works? You find supplier which offer some kind of items. Buy 10, 100 or more same items and get better prices than buying just one or few items. However you should have big amount of money, also then you are risking to lost some profit or even invested money, because of prices changes, droped popularity or other reasons. So with this you should be very careful. Don’t burn your money without serious researches of market. For starters I recommend use drop-shipping because of safety.
My offer- local stores
Use your living area shops to find original products or better price. Many people live in places which are in one or other way different. So you maybe are able to offer for buyers something what is unique. Or maybe the boss of TV’s shop is your good friend so you can get good prices and discounts. As I said before, be createful and use your imagination.
Good luck in searching of suppliers!
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