Working with Dropshipping eBay Suppliers
Working with Dropshipping eBay Suppliers
Working with Dropshipping eBay Suppliers
Since the introduction of dropshipping as a supplier method, the way merchants have worked with eBay has changed dramatically. Dropshipping basically streamlines the entire process from finding inventory to sell online to order fulfillment. Ebay sellers are at a particular advantage since they are afforded an easier way to communicate with the potential buyers.
The dropshipping processes for eBay starts from the very beginning, when you're conceptualizing your own sales channel. Dropship suppliers offer a vast array of products for any niche. All you need to do is find the right one that's fit for your preferred products to sell. Once you've gotten in contact with them, choose the specific inventory you want to sell and get the feed for it or list each one individually in your eBay account. Make sure that you check the pricing of other listings for similar products to be competitive in that field. This should also be your baseline for choosing a dropship supplier, the lower they price their products, the more profit margin you get per sale.
Next, optimize your listing such that it ranks better and is easily accessible by eBay buyers. eBay offers different options to help sellers highlight their listing, though this will cost you extra, it may be worth the amount spent. If you're on a tight budget, you can always optimize it yourself by targeting the keywords that your potential buyers will look for. Write product descriptions that are comprehensive and add more images that could convince them to buy from you instead of other eBay sellers.
Finally, when a winning bid emerges or the Buy It Now option has been chosen, It's time to get the communication wheels spinning. Inform your buyer about the process, where you are in that process and what to expect next.
Once a payment has been made, collect your profit for it and pay the droshipper the amount you agreed on for the product. Let the dropshipper know where the item will be shipped. Once paid, dropshippers for eBay will send the item directly to your end-buyer and it will be tagged as sent by you - this is called white listing. You can even brand it with your company name, just negotiate it with the dropshipper you've chosen.
Given all these, dropshipping doesn't just streamline the process but also saves the eBay seller a huge amount in terms of overhead cost. In the first part, the listing can be done even if the products are not readily on-hand. Meaning, there is no need to pre-purchase the products that you intend to auction in eBay. That removes the risk of buying inventory that may not even sell in the first place. The cost that should have been applied to inventory purchase can then go to other areas of your business - like the marketing aspect. Second, you are also saving on manpower cost. There's no need for additional people to manage your warehouse nor take care of shipping and order fulfillment, your dropshippers for eBay can do this for you.
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