KEYPOINTS
FOR JOINING...
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Over
800 Software Titles you can sell on ebay, Amazon, your webshop or
offline. |
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Databases
for 300+ exclusive titles, 500+ Other titles, and more! |
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"New
Products added weekly, from games and creativity to education.". |
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Full
item descriptions, specs, screenshots, box shots, product voice-overs
and video-clips. |
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Full
e-commerce webshop available to all members. |
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Unlimited
sales and technical support via email and Livehelp desk. |
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Simple
step-by-step guide to get you started, so you can begin selling almost
immediately. |
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Everything
is sent under plain-wrap to anywhere in the World! |
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DROPSHIP ARTICLES
Here's
your chance to work for yourself from home and say goodbye to
the
humdrum of daily working life. You can make money
selling our unique
range of
software titles either
online or offline, without
ever having
to buy anything
upfront. |
Drop Ship
Your Way To Wealth
Your customer sees a marvelous array of
products on your
website. After thoughtful consideration, she purchases the product she
wants. Amazingly, you have never actually seen the product. That is
because your supplier shipped the order directly to her.
1. Problems With Stocking Inventory
After deciding what products you will sell, you are immediately faced
with many challenges.
First: "To stock my products, will I need to rent store or
warehouse space? I was hoping to sell by Internet, mail order, or
export, but I don`t have much storage space for inventory at home."
Second: "Will the supplier even deal with me if I don`t have a
retail location? I was counting on keeping my overhead down by
operating from home."
Third: "I know that many manufacturers and distributors have a
minimum order, sometimes in the thousands of dollars. I don`t have that
kind of money!"
Fourth: "Even if I did have the money, why should I tie it up in
inventory? How do I know if the product will even sell?"
Fifth: "I guess I will have to add extra insurance coverage for my
inventory. Maybe I better upgrade my security system while I`m at it."
Sixth: "The shipping charges are going to kill me. First, I have to
pay to get the goods here (freight-in). Then, I have to pay to ship the
goods out to my customers (freight-out)."
Seventh: "If I expand and hire employees, how will I control the
inventory? How will I know if my employees are stealing from me?"
Eighth: "How much time and money am I going to spend packaging and
fulfilling orders?"
These problems can be reduced or eliminated by drop shipping.
2. Drop Shipping to the Rescue
Drop shipping is a method of selling products without stocking
inventory yourself. You don`t need to stock inventory, because you only
order an item when a customer requests it.
With drop shipping, when you make a sale you contact the
manufacturer or authorized distributor and make arrangements to pay for
the order at your wholesale cost. Your distributor then ships the
product to the customer with your invoice and shipping label.
For example, let`s assume that you have just sold a product to a
customer for $100.00 plus shipping charges of $15.00. Having received
the customer`s payment, you now need to fax or otherwise send your
order to your drop ship supplier. You will need to pay your supplier,
by credit card or other means, your cost of $50.00 plus $15.00
shipping. This leaves you a $50.00 gross profit. Your supplier will now
ship the product to your customer.
With this arrangement of not having to stock inventory yourself, there
are many advantages.
You eliminate the high costs of holding inventory. There is no need
for you to rent expensive storage space, finance high minimum orders,
get stuck with goods that don`t sell, or pay other expenses associated
with maintaining inventory.
Indirectly, you do pay inventory costs. Your drop ship supplier
must maintain his inventory and pay all associated costs, including
freight-in, storage space, insurance, accounting, shrinkage, and so on.
To make a profit, he must pass these costs on to you.
The real advantage to this drop shipping arrangement lies in
keeping your costs variable. Instead of being stuck with these expenses
up front, whether you sell or not, you pay only when you make a sale.
3. Profit From Drop Shipping
Many legitimate drop ship suppliers may not require you to have a
retail location, but they will want to see evidence that you are in
business. They may require you to produce a resale license or retail
sales tax permit.
To be sure, there are pitfalls to watch out for in drop shipping.
For example, some suppliers claim to sell at wholesale prices but are
actually selling closer to retail. Also, margins are very slim in some
competitive areas, such as electronics. However, with proper research
and information, you should be able to avoid these problems.
Whether from your home, retail store, directly from your website or
through an online auction, you can arrange to sell an item before you
purchase it. That way you have nothing invested in inventory and won`t
get stuck with stock that won`t sell.
Rather than financing and stocking inventory yourself, consider drop
shipping your way to wealth.
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