Drop Shipping Increases Profits

You would like to increase your income by selling other peoples` products but you just don`t have the money to stock inventory.

On the other hand, perhaps you have lots of your own product and would like to increase your sales, but you don`t have a lot of money for advertising.

The solution to both problems may lie in drop shipping.

1. Sell Products You Don`t Own

You would like to sell a variety of products but you don`t have very much money. Don`t worry! Your customers will supply you with the necessary capital. You don`t have to stock inventory. You can drop ship orders.

For example, you receive a credit card order for a product retailing for one hundred dollars plus five dollars shipping. You now turn around and fax (or e-mail or phone) your order to your dropship supplier. You pay the fifty dollar wholesale product cost plus five dollars shipping using your own credit card.

Your dropship supplier now ships the order to your customer. With no investment in inventory, your gross profit equals fifty dollars.

2. Sell Products You Do Own

Would you like more sales of your own products? Consider drop shipping your products for other dealers.

As an example, you may have a product that sells for one hundred dollars plus shipping. Every time you sell that product yourself, you will have a sale of one hundred dollars. However, how many one hundred dollar sales can you make personally?

Now consider the situation where you offer your dealers a wholesale price of fifty dollars. You could have hundreds or thousands of persons selling for you.

It is true that each product sale now only brings you only fifty dollars in sales. However, these are sales that you wouldn`t otherwise have. What would it cost you to obtain these sales through traditional advertising channels? Would your advertising even bring you the desired results?

Keep in mind that with this drop shipping arrangement, you pay only for results. When a dealer retails your product for one hundred dollars, he is really receiving a fifty dollar profit for selling your product; you could view it as a sales commission. You receive only fifty dollars per product sale but sell way more than without drop shipping. You ship directly to the customer for your dealer.

So, whether you sell other peoples` products or your own, drop shipping can increase your sales, preserve capital, and maximize business profits.

RESOURCE BOX:
J. Stephen Pope, President of Pope Consulting Inc., has been helping clients to earn maximum business profits for over twenty-five years.

For valuable Work at Home Small Business Ideas, visit http://www.yenommarketinginc.com/

For additional information about drop shipping, visit http://www.yenommarketinginc.com/dropship.html

In The News:

New York Daily News
Disputed dinosaur fossil auctioned for $1M in NYC
CBS News
NEW YORK — A dinosaur dispute is brewing between the Mongolian government and an American auction house, which sold a fossil of a fearsome T. Rex relative despite a court order not to. The 8-foot-tall, 24-foot-long skeleton of a Tyannosaurus bataar ...
Dinosaur Auction: Tyrannosaur Skeleton Fetches $1 Million Despite ObjectionsHuffington Post
Tyrannosaurus Bataar Sale After Judge Orders Auction HaltBusinessWeek
Dinosaur Dustup: Auctioneer, Mongolia Battle Over $1M BonesABC News

all 252 news articles »

Globe and Mail
Babe Ruth jersey fetches a 'Ruthian' $4.4 million at auction
Chicago Sun-Times
By MIKE FITZPATRICK AP Sports Writer May 21, 2012 9:58AM This undated photo provided by SCP Auctions shows a circa 1920 New York Yankees baseball jersey worn by Babe Ruth that sold for more than $4.4 million at auction, Sunday, May 20, 2012.
Babe Ruth jersey sells for record $4.4 million at auctionCNN (blog)
Babe Ruth jersey sells for record $4.4 millionCBS News

all 404 news articles »

Successful John Dixon Auction Blitz: 11 Commercial Buildings, 10 Events, Three ...
MarketWatch (press release)
"We really felt that it was important to sell most of these buildings at the location itself, and that meant we had to form three teams, with multiple auctions two of the three days. But our folks were up to it, and we had 10 auctions, each of which ...

and more »

Outbid Brings Real Auction Action To The iPhone and iPad
MarketWatch (press release)
OAKLAND, Calif. and NEW YORK, May 21, 2012 /PRNewswire via COMTEX/ -- Outbid ( www.outbid.com ) today announces that its auction service, which combines the theater and transparency of live auctions with social and gaming features, is now available for ...

and more »

Bloomberg
Treasury Auctions Set for This Week
New York Times
The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ...
Treasuries Fall as Yields Damp Demand Before AuctionsBloomberg

all 36 news articles »

Mobile & Apps
Diablo 3 Auction Houses Help: 8 Things You Should Know
Mobile & Apps
We had previously provided tips about how to earn extra gold, level up faster and get items, and now we will discuss the game's auction houses and what you need to remember about them before you make a purchase. Here are the tips that will help you get ...
Diablo IIIRocket Chainsaw

all 69 news articles »

Global Economic Intersection
Exclusive: US lets China bypass Wall Street for Treasury orders
Reuters
Those dealers then bid on their behalf at Treasury auctions. China, which holds $1.17 trillion in US Treasuries, still buys some Treasuries through primary dealers, but since June 2011, that route hasn't been necessary. The documents viewed by Reuters ...
US catering to its largest creditorForexLive (blog)
China Feeding on Treasuries Straight From the TroughStreetInsider.com (subscription) (blog)

all 21 news articles »

Diego Rivera poised to top NY Latam art auctions
Chicago Tribune
NEW YORK (Reuters) - A Diego Rivera portrait of a 10-year old girl, her head cocked and gaze wary, is expected to top this week's Latin American art auctions, where surrealist-tinged works by other artists are also primed to do well.

and more »

Telegraph.co.uk
eBay's Newest Auction Item: Used Olympic Torches
Exec Digital
Monday, 30 auctions had been posted on the site advertising used torches, some even before bearers had a chance to put them to use. A number even included the white-and-gold torchbearer uniforms in the auction sale. With the intent to celebrate ...
Olympic torch sold for £153300Yahoo! Eurosport UK (blog)
Olympic Torch Sparks eBay ConfusionGeeks are Sexy Technology News
Olympic torches on eBay a day into relaySky News Australia
Sky News -Yahoo! Movies UK
all 897 news articles »

Christian Science Monitor
Tech stocks exchange to change IPO auctions after Facebook glitches
Christian Science Monitor
Tech stocks IPO auctions will be revamped, Nasdaq CEO says, after delays plagued Facebook's first day of trading. SEC investigating to see if delays hurt trading in the tech stock's underwhelming IPO. By Associated Press / May 21, 2012 Robert Greifeld, ...
Nasdaq CEO Blames Software for Delayed Facebook IPO TradingSan Francisco Chronicle
Software caused Facebook glitch: NasdaqNew Zealand Herald
Nasdaq blames software design for Facebook IPO delayTelegraph.co.uk
TechSpot -WebProNews -Bloomberg
all 1,151 news articles »
Google News


Better Links Directory


What to Sell on eBay - 7 REAL Tips for Finding Successful Products

This question has become one for the ages. There are... Read More

eBays Latest Fee Increases--Is this the beginning of the end?

On January 13, eBay sellers received an unwelcome announcement from... Read More

E Bay.com HTML Auction Templates: Which is Best for Ebay Selling?

There are a plenty of free e bay.com free auction... Read More

Joint Venture For eBay Success Too!

Whether you're succeeding in your online auction attempts, just getting... Read More

Better Than Sliced Bread? Drop Shipping, The New Home Business Craze

Many of you will probably remember the days when the... Read More

Boosting Your EBay Auction Profits: Just Add Audio

According to a recent report, adding audio to your eBay... Read More

Six Steps Towards Successful Buying at eBay Auctions

Buying on eBay can be very rewarding, either in terms... Read More

How To Cut Your eBay Fees By More Than 90%

Now, are you ready for the REAL TRUTH about selling... Read More

Online Auctions: 5 Ways Your Business Can Benefit From Online Auctions

Online auctions are now the new gold rush on the... Read More

Internet Auction Sites : Find Good Deals on Almost Anything

You can find good deals on almost everything you need... Read More

Authentic or Fake?

1. Admit It: Old business models are no longer working.... Read More

2 Step Secret Reveals How You Can Find Wholesale Suppliers

Have you spent hours on the internet searching for a... Read More

Do You Sell Tires By Mail? Maybe You Should eBay

I just received an interesting email from eBay and it... Read More

Start Selling On eBay - Getting Started On The Right Foot

You've started your own eBay business and, even though it's... Read More

Royal Memorabilia ?Smart Trading and Fake Dodging

This is my second article about trading royal memorabilia on... Read More

The Powerful eBay Bidding Strategy That Claims A 99% Success Rate

Don't you just love it?You've found that special item on... Read More

eBay - The Basics

I began selling on eBay in 1999 and have found... Read More

Easy Money on Ebay?

Ebay was only two years old when I discovered it.A... Read More

Drop Shipping Is Your Perfect Home Based Business Solution

Drop Shipping Is Your Perfect Home Based Business SolutionDrop shipping... Read More

Affordable Online Car Auctions

Still hunting for the car of your dreams? Public car... Read More

From Ebay Zero to Power-Selling Hero: Using Feedback Effectively

When I talk about feedback to new Ebay sellers, I... Read More

Mr. Rich vs. Mr. Job: How to Start a Dropship Business on eBay

Mr. Asset vs. Mr. Job....Discover the Secret Formula of the... Read More

How To Sell Internationally On eBay Without Risk

Many people just getting started on eBay have reservations when... Read More

The 3 Minute Auction and Minute Auction Explained

Am I the only person who doesn't know what a... Read More

How to Survive the Jungles of Ebay Selling

Come with me, we are going to take a safari... Read More