How to find dropship products and dropshippers
Are you feeling overwhelmed with the news that people make a lot of money by dropshipping? Sites like Amazon and Costco are reported to make good profits selling their products every month. And then you’ll hear a lot of backlash telling you that dropshipping charges are so high that they just eat into your profit margins. Is it too expensive? Is it a time saver?
The key process
You need to find the exact key process that can help you make optimal use of dropshipping and dropshippers in a profitable way. If dropshipping fees are high, it doesn’t take much effort to know that the products you’re selling should be purchased at an even cheaper price. In other words, you need to find drop shipping products that cost you less but provide good profits when you sell them.
But buying and selling is not enough. If, for example, you have bought an item from top brands and you sell it at an extraordinarily low price, you will not earn any money. This is because unless the product is popular enough to be in high demand in the market, no one will buy it. So whether it’s branded or cheap, it doesn’t matter. The important thing is that there must be enough demand for the product to be competitive among buyers. There must be an impulse among buyers to grab the product before others.
The best place to find such demand among buyers is eBay. It is meant to highlight hot products, letting you know what is really in demand and what is not. Check your eBay pulse page to find which products are the most viewed and get the most user visits. A product that tops with the highest views or even the one featured on eBay’s pulse is sure to be in high demand. Another way to find such products is by using the Google Keyword Tool.
For example, type the words “hp printers” in the search box. You will find a visualization of the number of searches made worldwide by different viewers during a month. In case you see that some other brand is in the lead, look for ways and means to buy said brand at a cheaper price and sell on online auctions. Also check the drop shipping price of the product to make enough profit when you sell.
To find suitable dropshippers, try searching the dropshipper liquidator databases. The web is packed with countless dropshipping sites. Furthermore, there are wholesalers who also provide dropshipping services for their products.
Check the reliability of dropshippers
Fraud and scams abound in the dropshipping business, so you need to be very careful. Before entering into a contract with any drop shipping company, you must thoroughly verify the following:
Is your business registered with the Better Business Bureau?
Check if the providers on your list qualify?
Is the provider list up to date?
Find out if they have good answers to your dropshipping queries?
Do they have good dropshipping forums that are educational?
Do they meet any quality standard?
It is very important to know the pros and cons of any business process before embarking on it. The same advice applies to online businesses, where you need to dominate the niche market and make smart use of available opportunities to be successful.