Top Tips to Set up a Drop Ship Business on eBay

Steps 1

Select your Niche Market.

Steps 2 Set your financial goal (i.e. Create $300 a week in profits).
Steps 3 Set up an eBay Seller account.

Steps 4 Do eBay Research.

  • Go to eBay
  • Click "Advanced Search"
  • Enter product within your Niche Market (i.e. Art Deco lamps)
  • Sort by "Price Highest First"
  • Select "Completed listings only"
  • Click "Search"
  • Make note of the best selling products

Steps 5 Go to the web to find an online distributor. Go to www.Google.com and search for one of the "hot selling products" you discovered in STEP 4. When you find a website selling the same or similar products, make note of it in your Drop Ship Journal (url, email, telephone #, contact name). Distributor website can be like etelcoshop.com, uniqbe.com, etc

  • Alternatively you could use a directory or other drop ship source such as WorldWide Brands, Doba or SimpleSource - they do the work of finding legitimate dropshippers for you.
  • Keep doing step 5 until you have a list of 40 websites that have products you want to sell on eBay.
  • Establish an account as a retailer with the online distributor (website). Get the "contact information" and either email or telephone, or send a letter asking how to become a retailer of their products and ask if they will drop ship to your customers.
  • Copy and paste product picture and description from distributor's website to desktop. Once you have set up a retailer account (See Step 7) you need to go to their website and copy the pictures and description of the products you want to sell on your desktop (e.g. create a folder on my desktop for each retailer and then create a sub-folder for each product).
  • Create an eBay listing on Turbo Lister. You'll be using the images and descriptions you got in Step 8 and upload to eBay.
  • Answer the customer's emails.
  • Once your customer purchases the item from your eBay auction, you simply contact the distributor & give your customer's shipping address.
  • Distributor sends product directly to your customer": You never, never, never have to see or handle the product! It's like magic!
  • Post auction review: Here you'll evaluate your profits/loss for each auction and either change your approach or if it's working and you're making good profit - carry on doing what you're doing icon smile Top Tips to Set up a Drop Ship Business on eBay
  • Relist every Sunday at 8PM religiously as if your life depends on it! Create a folder in Turbo Lister called "relist folder" and make certain you put all your auctions in the folder (taking out the ones that didn't make money) and relist every Sunday at 8pm.

Tips

  • Before you do anything, get a Journal and write, "My drop ship business on eBay Journal" on the front. If you're serious about taking action -- instead of just reading, then get your journal now. Immediate action is the secret ingredient to success in any area of life. Now you're ready
  • Don't be surprised if the supplier you contact for a retail account requests a tax ID. In order to purchase products at a wholesale cost, many will require this information.