How to Make Money Selling on eBay with Drop-Shipping
With over 90 million active users according to its own official site, eBay is a popular auction platform that sellers use to find buyers globally. Several ways exist to get started with selling on eBay, but perhaps the most profitable is drop-shipping. Making money on eBay by drop-shipping products gives you the convenience of having your own online store without having to physically store goods or ship them.
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Instructions
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Decide which products you want to sell on eBay. Perform research find which products are "hot" and what people are looking for. Use the Advanced Search function on eBay to search for completed auction listings in different categories that sold. Go to pulse.eBay.com to find popular terms that consumers search for on the site.
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Find wholesale suppliers for your products. Choose those suppliers and manufacturers that will drop-ship your product to customers. Register on sites such as WorldWide Brands, SaleHoo, and Alibaba.com to help you find drop-shipping wholesalers and suppliers. Make sure that you deal only with manufacturers directly or an authorized wholesale supplier instead of a middleman so that you can find the best prices for your eBay products.
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Make an agreement with a drop-shipping supplier to sell your products on eBay. Let your supplier or manufacturer know that your plan is to sell on eBay. Negotiate with the product supplier or distributor to obtain the lowest price possible.
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Register a seller's account on eBay. Place your credit card on file and make sure that you have a verified PayPal account. Consider opening a PayPal Business or Premier account to accept payments from customers without PayPal accounts and to remove some account limitations such as the number of credit and debit card transactions you can accept.
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Subscribe to eBay stores. Use the tools available in eBay to list the products you're drop-shipping such as the bulk item lister, which enables you to upload multiple products and descriptions at the same time. Include accurate descriptions and attractive photos for all your products. Don't set prices too low that you won't make a profit after you've paid the drop-shipper his wholesale fees, but don't set them too high so that potential buyers won't buy from you.
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Send the orders to your supplier as soon as they are ordered from your eBay store and auctions. Pay the drop-shipper his fees from the payments you receive from customers. Contact your customers to let them know that the products have shipped once you get confirmation from your drop-shipper that the order has been fulfilled.
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