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eBay has initiated an excellent money making opportunity where one can earn thousands a month with little or no money.
This home based business opportunity is known as "eBay Drop Shipping".
This provides you with a home based business opportunity that now even an Internet dummy can make thousands a month with little or no money.
The greatest thing about it is that you don't even have to stock the inventory which you are about to sell on eBay.
Now what this "eBay drop shipping" really is? The "drop shipping" phenomenon really is that you sell a product of other company and you don't even have to maintain the inventory of the product you are selling.
This is near to affiliate marketing but there's a subtle difference between these two.
In drop shipping, you transfer the risks of transferring the product to the whole sale drop shipping companies.
That happens in the affiliate marketing too so what's the difference between these two? So the difference is that you can even have your company's name, web site's name or your recognition branded on that delivered package which means that the recipient will consider this package to be transferred by your company or website thus making your brand popular.
You can ask the drop shipping companies whether they provide this facility.
Secondly in affiliate marketing, you get a pre-determined commission on every product.
However in drop shipping, your profit depends on the difference between what you have paid for that product and the price at which your customer has bought the product from you or simply the difference between whole sale price and retail price.
Are you stunned by the phrase, "What you have paid for the product"? Technically speaking, actually you don't have to pay for the product.
This is how it is done.
You sign up for a retailer account in any drop shipping company's website.
It is usual that the companies ask for your tax I.
D.
You search for a product with high demand and modest conversion rate and ask the company that you want to sell that product.
Upon acceptance of your application, you ask for some snaps, description or features of that product and post these attributes on the eBay (provided you have an eBay seller's account).
Let's say that product cost you $100 on whole sale and definitely you would sell that product for more than $100.
After successful bidding, a customer of yours buy that product for say $120 and pays you online.
You receive $120 at the spot.
When you receive the payment, you place the order to that parent drop shipping company and pay them the whole sale cost of $100.
Thus you are pocketing pure $20 profit.
When you place an order to that whole sale drop shipping company, you write the address of your customer's location or where the product is to be delivered.
Thus all the headache of transferring that product rests with that drop shipping company and you are making online money for just acting as a middle man with no headache of maintaining, storing and delivering the inventory.
Now a question must be boggling in your mind that why would a customer buy from you and why not from any body or any where else? The reply would be because you are offering that particular product at whole sale rate.
Now you understand why I kept on typing the term "whole sale drop shipping companies" because you are delivering the items at whole sale rate and the above item or product which is available at $120 at might have cost them $300 or even more if they have bought it from any where else.
So this is an online money making, home based opportunity which is worth trying.
Remember I stated at the beginning that even an internet dummy can make thousands a month with this but you sure require some marketing skills to successfully market the product.
So try this opportunity and earn handsome money but keep in your mind that this is not some thing where you start making thousands the very next you set up this online business.
I reckon you should be patient and consistent to be successful.
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