First, what is drop shipping? Well, Wikipedia describes dropshipping as:
"Drop shipping is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to wholesalers, who then ship the goods directly to the customer. The retailers make their profit on the difference between the wholesale and retail price."
Huh? The listed "Retail price" will be higher than you've ever seen the products sold for. Sometimes the price they charge YOU will be higher than normal retail. They charge a "drop ship fee" per each item bought. They charge you just to view their catalog, calling it a membership fee.
A real drop shipper is, in actuality, a "wholesaler" who buys their product directly from the manufacturer and sells to retailers. Their drop ship business is secondary. In fact, to be honest, most wholesalers don't offer dropshipping services. They want to sell in bulk rather than dealing with one item at a time.
This is where most eBay sellers give up. I should know. I myself have literally spent hours and hours for days at a time searching the web for a dropshipper that offered quality products at wholesale prices. And to this day I've never found one on my own.
This includes all the "wholesale directories" that I purchased on eBay that were only full of outdated links to manufacturers that wouldn't have sold to me anyway because I was not a distributor.
In plain English, a drop shipper has a large amount of stock on hand. Could be any product Depends on the dropshipper. But, this drop shipper is willing to sell his products to you, the eBay seller, at a discount. He will then ship the product to any address you ask him to. Not only that, but his name will not appear on the product anywhere, thus making it appear as though the product has come directly from you.
What are the benefits of dropshipping to you, the eBay seller?
You don't have to spend any money up front. You don't pay the drop shipper for the product until you've been paid by your customer.
You don't have to fill up your garage or spare room with products.
You don't have to pack the item, address it, and take it to the post office.
Here's an example. You visit your dropshipper's website. You see that he has 1000 digital cameras for $50 each. You go to eBay and do your research, and find that these exact cameras are selling for around $80 each.
So, you take the pictures of the digital camera from your dropshipper's web site (with their approval) and put up a listing for this. It sells for $78.
When your auction ends, you receive your customer’s payment. You then go back to the dropshipper's website, order the camera for $50, input the customers address as the shipping address, and you're all done.
You've just made $28 for about 30 minutes work and never even touched the product. Not bad, huh?
Dropshipping has revolutionized eBay selling. The biggest problem for sellers has always been about finding products to sell. But, it's not a problem anymore with drop shippers to help us.
Do you find yourself complaining that you never have enough time? Are other people and things keeping you from getting things done? Perhaps you are a time management strategy victim. Perhaps your own negativity and passiveness are the real source of your time management issues. Blaming others and responding to every distraction or crisis that hits your radar screen are the easy things to do. But when you choose to respond that way you're allowing other people and other things to control your time and your destiny. You're allowing hap-in-stance to determine how you will invest your time, and keeping yourself from the achievements that would make you successful. The only way to stop being a victim is to take control of your time by taking responsibility for how you will use your time at every moment of every day.
If you don't have a plan for what you want and what you need to get that you can't develop good time management skills. Establish a clear direction for want you want and how to get there. Make your decisions each day based on the alignment of your decision with your overall plans. Time management skills help you to better use your most important resource, your time.
There is a common myth that you can multi-task. You really can't because your brain can only focus on one thing at a time. Multi-tasking forces your brain to switch between tasks. Neither task gets the attention it needs and neither gets done well. To make the best use of your time focus your attention on the actions you can take to make the best use of your time. When you don't get the most value from your time you don't get a chance to use that time again. There are times when you miss an opportunity there isn't a second chance ever. To get the most value from your time track and measure your outcomes so you focus on what you're trying to achieve. That way you can focus on doing the right things at the right time. You can change your current time management skills and increase both your productivity and free time.
Both Nike & Cheryl A. Clausen are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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