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June 25th, 2010DollarHow To Start An Ebay Drop-Shipping Business With Zero Dollars Out Of Pocket
Is it possible to start a successful Ebay drop-shipping business for zero out of pocket? Yes, it is! The problem is that there are hundreds of supposed drop-shippers online and many so called “instant auction success kits” and all but two are useless. There are only two Ebay approved drop-shippers and joining either one is the first step to creating an Ebay work at home business drop-shipping business.
For those who are unfamiliar with drop-shipping it works like this:
You locate products to sell from a database of over 250,000 products.
You can use tools through your drop-shipper that allow you to select products, set pricing and automatically send them to eBay.
Your item sells on eBay and you receive payment through Paypal.
You purchase the product from the drop-shipper using your Paypal funds. You pay the wholesale price and keep the profit.
The drop-shipper will process and ship it to your customer. They will handle any returns, exchanges or problems or instruct you how to resolve the issue through the manufacturer when warranties apply.
You will have tracking information on every order.
You can expect to spend at least a good week getting your business set up. The good news is that you will probably already have made a profit by day 5, and once you have set up all your products the business will pretty much run itself without a whole lot more effort on your part, but I am getting ahead of things. Let’s start from square one, shall we?
To start your business you are going to need:
A Paypal account
An eBay account
A drop-shipper accountAs we already said, there are many supposed drop-shippers out there that are nothing but a scam.
There are only two Ebay approved drop-shippers and only one drop-shipper is fully integrated with Ebay. Follow the links at the end of this article to explore them both and decide which is right for you. Both charge membership fees but the fee structures differ greatly.
If you choose to go with a free trial drop-shipping account then by the time you need to pay membership dues you will have easily earned more than enough money to cover your monthly dues.
Remember I told you it would cost $0 out of pocket? Here’s how:
Sign up for the free 7 day trial
Make a real effort to get things started
Call customer service or contact live chat on the fourth or fifth day of your trial. Let them know how hard you have been working and that you very much would like to extend your trial period so your auctions have time to run their coarse, you can get a better feel for the system, etc…. I was able to get my trial period extended to a full month by taking this approach. Take the time to ask them any and every question you have since you are on the phone anyway! The customer service reps are amazing and it is well worth taking advantage of their expertise.
Work your butt off during the trial period and you will easily earn the few bucks your membership will cost you and more. Then you can pay your membership with your earning and thus have a $0 start up. In fact in my first two weeks I earned enough to pay for a one year membership at a huge discount which leads me to step 5….
When you have convinced yourself how wonderful your new business is and you are ready to pay your membership dues DON’T!!! Don’t do a thing until you call the customer service department back and ask to speak with someone in the promotions department. They will be offer you HUGE discounts on your membership and they will usually throw in free tools as well.
Before you go any further you need to take some time getting familiar with Ebay, Paypal and your drop-shipper. Explore each site carefully. Read about Ebay’s fees (you will not have to pay any fees up front to use Ebay but you will need to understand the fee structure to price your items properly). Get extremely comfortable with the tools and products offered by your drop-shipper. If you run into any questions or problems along the way contact the customer support for the site you have issues with and they will be glad to assist you. It will be much easier for you to follow the rest of this guide if you have a basic understanding of your new accounts first.
Now that you have a feel for the tools you will be using there are five more areas we need to cover in detail to make sure you are off to a solid start. My free detailed start up guide looks at:
Product Selection-You have instant access to over 250,000 products to pick from. Find out how to determine which products to sell.
Product Pricing-How to set prices that will earn you the best conversions.
Traffic-There are over 60 million Ebayers out there. Learn how to drive them to your listings.
Things to Avoid-Find out the most common mistakes newbies make.
Advanced Tools-Reviews of some of the best tools available to expand your business when you are ready
Tags: Auction Success, Drop Shipper, Drop Shippers, Drop Shipping, Ebay, Ebay Account, Ebay Business, Paypal Account, Paypal Funds, Products To Sell, Returns Exchanges, Shipping Business, Start Business, Tools, Warranties, Whole Lot, Wholesale, Wholesale Price, Work At Home Business, Zero Dollars
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Tags: Auction Success, Drop Shipper, Drop Shippers, Drop Shipping, Ebay, Ebay Account, Ebay Business, Paypal Account, Paypal Funds, Products To Sell, Returns Exchanges, Shipping Business, Start Business, Tools, Warranties, Whole Lot, Wholesale, Wholesale Price, Work At Home Business, Zero Dollars -
February 15th, 2010DollarWork From Home – Become A Business Executive For Under 200 Dollars
The cost to start an online work from home business is under $200.00. All you need to start working from home is a computer, Internet connection, a domain name and hosting company. You can hang out your shingle saying “Open For Business” within days of making the decision to have a business online.
Once your plans are finalized as to what type of work at home business you want to start, you can find the products or services that complement your idea. The planning and execution of your planned business venture will cost you nothing but your time.
The day-to day operation of a work at home business opportunity can be automated to a level where your time commitment is minimal. When all the pieces of the business are in place, you can appoint yourself a CEO of your home based business. Officially, you will need to decide on a business structure that will support your CEO status.
Starting a home-based business is not without risks. The success and promised wealth will not just materialize overnight. A home based business or any new business venture is never a sure thing in terms of guaranteed success. But the upside of owning your own business has benefits that no JOB can ever provide you. You are in control of your life, your destiny, your income.
If the entrepreneurial spirit is alive, you can capitalize on the work at home phenomenon. Thinking like an entrepreneur will push you to use the knowledge and skills that you already have. You can then obtain the skill required to run your business from home. You will need some specialized skills and knowledge to succeed in your own home-based business.
The excitement of starting a home-based business is exhilarating. All of the excitement is not an invitation to just quit your day job. However, you should begin trying to plant the seeds online for the type of business that interests you.
What is it that you enjoy doing or have experience with off line? Do You have a passion for a sport , video games or a person? You could always start a sport’s chat room, provide updates and strategies for online gamers. You could be the next dating site owner. You can use something you love to create a business online.
While you are making the transition from worker bee to owner, open your eyes and your mind will open to the innovative ways you can use the Internet for your business. It is hard to imagine the number of people that are available to you. It is estimated that there are over 700 million people on the Internet. Your ability to reach customers from all over the world has been reduced to a mouse click. The world is your marketplace. The opportunity for wealth has never been as available to the everyday entrepreneur. The opportunity to work from home is available to everyone.
You can be open for business twenty-four hours a day. There are no employee problems or restrictive access because of weather conditions. Just the availability of Internet businesses make them very profitable.
Your work at home business can be a global empire within a matter of months. The work from home business trend shows no indication that it will slow down in the near future. The competition is fierce on the Internet for the almighty dollar but the Internet is still in its infancy. There is plenty of room for your work at home business to grow and prosper using the Internet.
Tags: Business Executive, Business From Home, Business Online, Business Structure, Business Venture, Computer Internet Connection, Day Job, Entrepreneurial Spirit, Home Based Business, Home Business Opportunity, Home Phenomenon, Owning Your Own Business, Shingle, Starting A Home Based Business, Sure Thing, Thinking Like An Entrepreneur, Time Commitment, Work At Home Business, Work At Home Business Opportunity, Working From Home
Related posts
Tags: Business Executive, Business From Home, Business Online, Business Structure, Business Venture, Computer Internet Connection, Day Job, Entrepreneurial Spirit, Home Based Business, Home Business Opportunity, Home Phenomenon, Owning Your Own Business, Shingle, Starting A Home Based Business, Sure Thing, Thinking Like An Entrepreneur, Time Commitment, Work At Home Business, Work At Home Business Opportunity, Working From Home
