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Niche Marketing: Part Two – What Mistakes To Avoid

August 5th, 2010

As an added measure of information, I decided to do a part two on what things to avoid when you are trying to figure out your ideal niche market. Although some of these points might simply be the opposite of the things you should do when finding a niche in the previous post, sometimes people have an easier time seeing what not to do than a list of what you should do.

Avoiding Common Niche Mistakes

avoid niche mistakes dropship wholesale

1. Becoming Infatuated With Your Product

If you have a hobby or an interest and one day think, this would be an awesome product to sell! I should start selling it! thus spending the next few weeks completely insterested in selling this product that you just love only to find out there’s absolutely no market for it. You need to make sure that if you love your product, that others actually love it too and there’s a market for it.

2. Not Doing Your Research

Like mentioned in the previous article, it’s very important to do keyword searches to see if there are people actually typing in what you want to sell. If people simply don’t have any interest in what you want to sell, they won’t be typing it in, and it won’t show up. A product with a consistent amount of hits is something worth considering.

Another aspect of not doing research is trying to sell something that people could easily get for free. This example is most common with recipe books and some sheet music. If you want to sell your cookbook online, you have to have something additional to convince your potential customers that your book is so much better than what they can get for free from the five websites surrounding yours on Google.

3. Selling Just Products

It’s important to remember to have a niche market / idea like bathroom soaps and supplies and then have various sub-categories in your niche like custom soap molds, cute toothbrush holders, etc. If you are only selling one product like bath rugs and people aren’t interested in bath rugs, it won’t matter if you have fifteen different colors, textures, and shapes, they won’t buy your product.

4. Competing With The Big Dogs

Like mentioned in the previous post, it’s important to go where the customers are, but don’t think it’s a good idea to compete with big name suppliers. Like our example with Bath and Body Works, The Body Shop, and Bed Bath and Beyond, if you don’t have something unique or different about your product, customers will most likely just stick to their big department stores.

5. Selling What You Don’t Know

Yesterday, I commented on how it’s important to know what you’re selling about, not only for the customer’s sake, but also for the sake of building content. If you were selling makeup for example and didn’t know the first thing about it, you wouldn’t be able to make interesting video tutorials about how to create a certain look – and especially in the case of makeup, people with a lot of experience will most likely buy their stuff online and might not trust the quality of your products if they think you don’t know what you’re selling.

6. No Passion For Your Niche

It’s important that you find something that you not only know about but that you have a passion with. Just because you know a lot about lawn supplies doesn’t necessarily mean that you’re interested in things related to the outdoors. You’re going to be spending a lot of time, effort, and money building up your business so it’s a good idea to be passionate about your products.

Education, Uncategorized, home based business, internet marketing, make money online, product research

Niche Marketing : What Is It And How To Find Yours

August 4th, 2010

If you look through the archives of our blog, there are many mentions to the word niche and finding your niche market. So, what exactly is a niche? According to the dictionary one of the meanings of the word niche means a distinct segment of a market. When figuring out what you want to sell online, you want to find something that fits a certain niche. Your niche will allow you to zero in on a certain audience / market of people and instead of being a generalist, you become a specialist in your products.

Deciding Your Wholesale / Dropship Niche

finding your dropship wholesale niche market

1. Find Products You Are Passionate About

This will help you the most in your search to finding a niche. What kind of things are you interested in? Do you like things that involve the outdoors, indoors, crafts, do-it-yourself projects, lights, frames, customized clothing, or in the case of our picture, vinyl family car stickers? It’s important to first figure out what things you like and are interested in because once you have that down, you’re going to be able to commit the time and effort it takes to create a website and build up your business because you’re actually interested in what you’re doing.

2. Find Products You Know Something About

When your customers write to you asking about the products you’re selling, you’re going to want to have a little more in-depth knowledge of the products than the average consumer. Think about what kind of skills you have or hobbies you enjoy doing and what kind of materials are used to do those hobbies or what kind of materials can come out from those activities. If there’s a product or niche you’re really passionate about but you don’t really know much about it – expert knowledge – then do the research before you get into promoting those products, or promote others while figuring that product out. For example, if you wanted to do high fashion makeup – bright colors, thick pigments, etc. – but want to also get into the mineral makeup lines, you might want to just stick to what you know – the high-fashion products, but sell the mineral while you learn about it.

3. Make Sure Your Products Have a Market

Sometimes you could have an absolute passion for something, but not everything is perfect for the online marketplace. You need to do your research to find if there’s even a niche market for your products. You need to find out a couple things before deciding to base your whole business around the particular products you have chosen. In the case of our picture, I know that the family vinyl car sticker has a demand due to the large families in this area, and not a lot of places sell vinyl products with customizable family members on them. So, ask yourself these questions:

Is There A Demand For It?

If you choose a product that every store is selling, it might be too general to stand out from the crowd. For example, if you wanted to sell only camping equipment, someone would go to google and type that very phrase in and come up with about 9,330,000 results. If you have something a little more specific though like eco-friendly camping equipment, the results go down to about 261,000 results. You might want to ask your friends if you started selling a certain item if they would be interested in it, or if it will sink under the big chain stores who sell the same products. For example, if you wanted to sell soaps and shampoos and things like that, you would have to compete with Bed, Bath, and Beyond, Bath & Body Works, The Body Shop, just to name a few. However, if you sold custom soap molds, you wouldn’t really have to worry about those big name chain stores.

What Are People Typing In For My Products?

There are websites out there like wordtracker.com that will show you what people are typing in most often for your products. You also could look at eBay Pulse which will not only show what products are selling the most from each category but what people are typing in most often. Knowing this kind of information can show you how to create search engine optimization – SEO – when you begin to build your website.

Product Ideas, Uncategorized, dropshipping, make money online, online business, product research, selling products online, wholesale

Starting Up Your Online Dropship or Wholesale Business Website

July 21st, 2010

Recently, I have been getting a lot of comments on past posts from people who want to start their online business and websites and need a little more insight, so I decided to go over some tips for everyone who is at the point where they need to build their website for their business, but need a place to start before jumping into the deep end. Here are 8 points to keep in mind before you indulge in this new business venture.

8 Things You Want To Realize Before You Start Your Dropship Or Wholesale Website

Building Dropship Wholesale Website

1. Do you know what you want?

Some people might look at this question and quickly answer, “Well, of course I know what I want. I want a successful business that will make me lots of money so I can retire at 45 with my beach house in Cabo San Lucas, and my winter house in Aspen, Colorado.” Okay, so people might not say that exactly, but if you ask that question to most people that are starting a business, their first response usually is geared toward making a lot of money. Who doesn’t want to have a lot of money? However, if you only think that, you’re missing the point. You need something before you can even think about making money. What is that one thing? Happy customers. Without happy customers, your business simply won’t survive, with happy customers, income should ultimately follow.

2. This is going to cost more and take more time than you first anticipated.

Building a business from the ground up is not something that is going to happen overnight. It takes time, patience, money, and usually much more than what people first anticipate. Not getting a huge increase right off the bat is something that people get scared about, and they instantly back out of what they’re doing because their initial dream profit didn’t happen. If you’re willing to put the time and investment into your company, then the rewards will follow. They might not follow immediately, but if you continue to work hard and do the right things to build your business, they should eventually follow.

When it comes to designing your site, if you have a developer making something for you, you can save time and money by having things such as content, pictures, etc. ready for them, so when they’re ready to piece your site together, you’re not wasting time or money putting everything together.

3. Websites aren’t one big piece

If you go to any website, you will notice it’s not just one page and that’s it. Websites are built in pieces, so it’s important when working with a developer or making your own website that you don’t cut any corners when it comes to your site. If it takes a couple extra pages to make something better, but it means that it will be a couple more hours of extra work, it’s worth it.

4. Don’t overload on the glitter

Some people who are just starting out want the most fancy, flashy website they can imagine. They want music, pictures, animation, etc. Just remember that having a flashy website isn’t always going to be the best thing. Yes, people like animation and things like that, but all with moderation. Just remember that when it comes to design or content, content always wins out. So, build a nice website, but don’t forget that what goes in it is the important part.

5. Just because it’s online, doesn’t mean people will come

There are millions of websites active on the internet. Just because you make a website does not mean it will actually have customers or even visitors. Sure, you might have the occasional person who writes exactly the same paragraph that you did on your main page, but how likely is that? This is where things like marketing, social networking, and other methods of attracting customers come into play. If people don’t know that your site even exists, then how are they supposed to come? If you’re not familiar with social networking, you might want to check out these blogs.

6. Don’t build then leave.

Imagine building a house – it took you time, energy, and a lot of planning, but you finally have a nice outcome. What happens if you don’t ever clean the inside of the house or get things replaced that break? Eventually, your beautiful house that you worked so hard on isn’t going to be so beautiful anymore, and the smell coming from each room is going to scare any visitors from saying more than two seconds in your house. Your website is the same – you will spend all this time working on it, making it amazing, but once it’s established you can’t just leave it alone. You want to make sure to update your website on a daily, weekly, or bi-weekly basis. Think about it this way, “How is my target audience changing, and how can I adapt to what they want?

7. You get what you pay for

If you hire someone to develop your website for you, you’re going to get in return what you invested in. If the person you hired is your neighbor’s daughter’s friend’s brother who learned two lines of HTML but is really good about lifting codes (taking the HTML and CSS work / the design of other websites), and all he does for you is lift codes all day for your $20 paycheck, then what you’re going to get is a poor website that isn’t original, and could cause you a lot of problems when people find out your whole thing was illegally lifted.

8. Don’t start with a CMS right away

For most small businesses that start right off the bat, a Customer Managing System might not be something you need immediately. Wait to invest in a CMS when your customer base builds and you need to have something to handle all your customers. Talk to your web designer about getting something more low key to start off – they might have something they can make in the meantime.

home based business, make money online, online business, selling products online, website design / help

Avoiding Faxed Order Pitfalls For Your Wholesale Business

July 20th, 2010

Recently, I had to buy some vinyl for a project I was doing, and I noticed that a lot of the websites I visited to get what I needed had three ways to place an order. The first was through an online shopping cart where you found what kind of vinyl you wanted, selected the amount of yards, put it in your cart and checked it out. The second method was to call the company and place the order over a phone, and the third was to fax your order in. As an administrative assistant, I receive a lot of faxes, and there are some faxes that I get that are dark, hard to read, or just complicated. This brings me to our topic today: why you should avoid using faxes, or how to build a system where fax orders are actually effective.

Steering Clear Or Embracing Your Wholesale Fax Orders The Right Way

Fax Orders Wholesale Dropship

Why Fax Orders Are Detremental

1. They’re Expensive

In the case of actual dollars and cents, faxed orders cost paper, labor, etc., as well as other expenses like low customer service or losing a customer all together. Studies have shown that a faxed order, due to it’s manual nature, can cost up to $60, whereas the typical online order can cost a mere $1-$3 to process.

2. They Could Lead To Errors

When people fax things in, they sometimes are typed documents, but my experience has shown that most are either one of thee categories. Some people will type something out, but then write on the paper they fax it, others will have something completely typed, and there’s the completely written faxes. Depending on the quality of your fax and their fax, their message could turn into a dark mess of things that are partially clear and legible, but that’s not something you want when trying to process an order for someone – you need to know exactly what they want and how they want it. Aside from the actual receiving of the fax, there’s also the amount of handling, or the number of hands that touch the one order, that could cause error. For every person that touches the fax, there’s a possibility for error and it also makes it hard to keep track of the status of the order.

3. Limit Productivity

Because faxed order take longer to process, they limit your productivity levels.

How To Make Faxed Orders Actually Worthwhile

1. Avoid These Programs

Some companies opt for electronic faxing systems that turn the faxes into an image or places the information into a template. However, these can also have their downsides. When it comes to things that are hand-written, a system software could have a hard time figuring out an s and a 5, an I and a 1, etc. Also, if you have to change something in your system, it could possibly make all your previous templates / orders in the system change which could corrupt your possibility of looking for something in the archives for a repeat order or an audit. In general, these kind of systems have a hard time distinguishing between handwriting as well – if people have a hard time figuring it out, the computer might as well.

2. Get Something To Do It All

If having faxed orders is something that you would like to have with your business, make sure to invest in a software that covers basically what an automated order would cover – the ability to handle document routing, data capture, automatic archiving, prioritizing orders, and will keep track of when an order was received in case that customer calls soon after to change something.

Education, Uncategorized, make money online, pricing and profits

Utilizing All E-Commerce Sales Avenues

July 19th, 2010

With growing technology, people are able to view items, buy items, or simply research products through various mediums. For example, not only does e-commerce entail people simply on the computer browsing for things, but also the people on their cellphones, PDAs, etc. With the changing dynamic and growing expectations for companies who operate with the Internet, business owners have to know how to keep their business at the top of the game. Here are some tips to keep those customers and utilize the people on different operating systems aside from computers, and how to give your company an edge.

Adapting To The Commerce Everywhere Consumer

Commerce Everywhere Dropship Wholesale

Find A Niche

We’ve reiterated this message in plenty of blogs, but it really is that important that I think it’s necessary to repeat it. To give you some ideas on what you can use for your niche market, check out our blog post, How To Brainstorm Products You Can Dropship For Profit. Niche markets will give you the edge because you will know the ins and outs of your product.

Improve Usability / Add Features

I offered some advice on what you should add for your retail site, but those tips can be broadened for any website. If we’re simply talking categories, things like sizing charts, features lists, color swatches (possibly even an idea of getting a picture of the fabric used so people can see the real color, or trying to simply find a color online that matches what the fabric looks like) are a good idea. Other aspects, like multi-media (video and images), and cross-sell and up-sell options, as well as customer reviews, ratings on products, are all good things to add to your site to make your customer’s experience the most effective. The more dynamic your website is, allowing customers to customize their searches to find the exact products you’re looking for, is a sure-fire way to have people not feel frazzled coming to your site or simply get tired of having to dig through your products to find what they want.

Making Things 100% Right 100% Of The Time

It only takes one bad experience for a customer to either drop your brand, question using your website, or simply just disappear. It’s important to have your products information correct 100% of the time. As a buyer on amazon.com, I always check to see why people leave sellers negative comments. One of the most common ones I notice is that they posted something as being available, when in reality, it was sold out. No customer wants to get excited about getting a product at a great price just to find out it’s not really there after they paid for it.

Check Out Product Content Managers

PCM is something that basically makes it certain that you do not have erroneous information with your products. Not only will it get the most accurate information about your product, but it will grab all the customer reviews about the product to add as well. PCM covers things like creation, aggregation, categorization, staging, publication and syndication to the assignment of attributes such as category, price and promotion eligibility, as well as integrates things like reviews, videos, etc. about products as well. These are the kind of things that are becoming a key feature in making your products accessible from various channels.

Uncategorized, dropshipping, eBay, home based business, make money online, online business, selling products online

Designing Your Dropship Business Blog

June 23rd, 2010

In yesterday’s post, we went over how a blog could benefit your business, and today we’re going to touch the design and details of your blog that will make it the most effective at the goal you’re trying to achieve. There are only a couple of things to worry about because with templates and a mired of choices nowadays, it’s hard to address every single aspect of a blog, so here are some key points.

Starting & Designing Your Dropship Blog

Blog Design Dropship Website

1. Pick A Domain Name

The very first thing you will do when you sign up for your blog is create a domain name. The same kind of tips apply to creating a blog domain name as creating a website domain name. You want to keep it short, relevant, easy to remember, and avoid any trademarks. Let’s think of an example: if your website is devoted to selling fancy aprons and your storefront is named Adorable Aprons, you could try to see if that name was available, or adorableapronsblog – something that will have connection to your storefront. If you picked something completely different than your business name, people might be confused at how the two are connected. Keep in mind that if your first choice domain name is taken, you shouldn’t simply alter the spelling of the name to make it work, like making it adorablapronz. Not only does that look unprofessional, your customers aren’t going to make it to your blog because most likely they will forget you dropped the e and added a z.

Making a website name easy to remember doesn’t necessarily mean it’s going to be the most bare minimum thing you could write in the domain name to make it applicable. You could get away with having a slightly larger name by putting blog at the end of it, but it goes back to things like numbers, spellings, sometimes dashes, etc. that make it difficult to remember.

2. Keep It Clean

As you can see on our blog, we like to keep things nice and organized with headers. When people scan the website page they’re on, bigger font is going to catch their eye a lot faster than smaller font is. By using headers with key words, like thesis sentences, people who might not have a lot of time to spend on your blog can read the information they want and keep on going. It’s always a good practice to remember not to write novels in your blog posts. Think of these entries more like a newspaper article than like one of those essays you had to write in school.

When it comes to all your sidebars, footers, and anything else surrounding your information, make sure they too are nice and clean. You don’t want to have huge icons, banners (unless it’s your headline icon), moving clipart, and other things that could distract your customers from the information in the middle. It’s always good to check their font weight (boldness, font, and size) against your text to make sure it doesn’t overpower your blog entries. Your customers should be able to easily see what you’re writing and not have to dig through your sidebars that managed to steal the limelight.

3.  Add some gadgets

If you take a look at our blog on the right hand side, one of the first “gadgets” you can see is the location where you can join our blog via e-mail. This is a really nice item to include so your customers can get all the information they’re looking for without having to check your blog once a day individually. Another good idea is to add RSS (really simple syndication) feeds in appropriate locations to other blogs or news stories that could interest your readers, and show how connected you are with the subject you’re writing about. For example, if you have a computer store, you might have a RSS feed to technology news from the New York Times if it’s applicable to what you’re trying to sell. It wouldn’t hurt to include a link to your Facebook site, which you notice is right under our subscription area, and it shows actual pictures of real people so people can see how many people are actually interested in your blog, so they don’t feel like a lone ranger. Try to keep from adding gadgets that are pointless to your site – always have a professional mindset.

Uncategorized, dropshipping, internet marketing, make money online, online business

Keeping Carts Full On Your Dropshipping Business

June 2nd, 2010

Once you get your e-tail dropship business up and running, there are many things you can do to get people to your website. We’ve gone over social media marketing in the last few posts, and have reviewed how to get your niche audience into your website to look at your products. The next step after you get your potential customers into your website is to make them feel comfortable enough to buy your merchandise. How many times have you gone online to buy something, click on a website, and it just looks so sketchy that you don’t feel comfortable enough writing in your credit card number that you ditch your online shopping cart, and never look at it again. Studies have shown that about 60% of all online shopping carts are abandoned, so let’s check out how to keep that number down on your website.

How To Avoid Abandoned Carts On Your Dropship Website

Abandoned Cart Dropship Business

1. Customer Reviews

Whenever I am deciding on trying out a new product, I always always always look for reviews on things. I just got a new digital camera as a gift from my parents. I tried it out, didn’t like how slow it was, so the first thing I did was to check the reviews on it. Sure enough people said that a definite con of this particular camera was that it was too slow for someone who knows intricacies of cameras like I do. If I see an interesting commercial for something, saw something in the store, or just want to see what people think about something I check out the reviews. This is more often the case when people are putting in a small investment into the product. For example, a digital camera isn’t exactly inexpensive. I didn’t want to spend a couple hundred dollars on something just to find out that it’s definitely not want I wanted.

Adding reviews to your products not only will help customers be more excited or apt to purchasing it, it also gets customers involved with your store and keeps them coming back. People like to be heard and love to see when others comment on the same thing they did. It also can help with your inventory control – if you decide to dropship a certain item on your website, and you find out that people don’t even like the product, it might be a good time to reconsider offering it. The same can go for the other side – if someone loves something, and I see that comment, it puts more confidence in myself to try the product out as well. This helps with getting the items in the cart in the first place.

Another aspect of customer reviews are testimonials on your website. Make sure that they’re visible to see for people, but aren’t obnoxiously loud that your customer’s don’t believe their authenticity. If your customer knows that they’re not the first person to buy from your website, it’s a good idea. No one wants to feel like the guinea pig. It’s always best if the person lists their name and where they’re from – it could show diversity with your website and it might sway someone from that particular area to keep looking around your site. A good way to get testimonials is to send a thank you e-mail to your customers and offer some sort of incentive if they write a testimonial, or a feedback, with their purchase. This could also just be something available for them to write on your website in a form and you can give a discount to whoever you decide to post on the site like 10% off their next order – there’s plenty of options, but we’ll look into that another day.

2. Easy Checkouts

Something that I really dislike when buying products online is a fifteen page checkout process. It’s best to make things clear and easy to understand, but put it in enough pages so that your customer doesn’t feel like they’re taking a fifteen page survey just to checkout their products. You want it to be clear where they should enter their information, a place for promotions, costs, and a list of what they’re buying all in about four pages or less. With Amazon.com you can either do one click shopping which will show everything you need to checkout on one page – which was ideal for textbooks during college, or you can go through a three page system: shipping and payment, gift-wrap, and place order.

3. Make Them Feel Safe and Secure

Another way to keep from accumulating abandoned shopping carts is to make the customer feel like their information is going to be secure. There’s nothing worse than having a customer with a full shopping cart ditch out at the last minute because they don’t feel like their personal information is safe. With identity theft on the rise and credit card numbers being stolen, it’s understandable why people are especially careful now with their information than ever before. They’re not just going to tell you their name, where they live, and give you access to the money in their bank account without feeling that it won’t be misused. Putting in things like 30 day money back guarantee, full warranty, and listing privacy policies and practices at the bottom of the page so that they can review how exactly you’re going to use their information. Keeping your customer’s happy and feeling secure is always the key.

dropshipping, make money online, online business, selling products online

How To Brainstorm Products You Can Dropship For Profit

March 8th, 2010

In my last blog article I compiled another list of products you can dropship for profit.  I keep making these lists because it’s extremely difficult for people to come up with product ideas.  The ideas that automatically pop into your head are probably the most common products people buy online, like electronics and books.  Unfortunately it’s difficult to dropship these common products because the markets are extremely saturated and profit margins are slim.

Focus On Niche Products

Your best bet is to think outside the box and come up with a really unique niche product.  Now of course it can’t be too obscure, but there are plenty of products with a heavy demand outside of the typical pet products/flat-screen TVs/purses arena.

Find Unfilled Needs

Just last week I came across two extremely unique product niches I didn’t even know existed.  I included them in my post Products You Can Dropship To Make Money Online.

The first was African-American hair products. I had no idea what a huge market this is, and how extremely intricate.  Reading the article Do Blacks Need To Relax Their Hair To Get Promoted? at www.diversityinc.com completely opened my eyes to the specific and varied needs of this segment of the population.  Now, obviously since I’m not African-American myself, I would have to do an extreme amount of research before presuming to open a website supplying black hair needs.  I’m not saying you can only sell products to people exactly like you, but you definitely need to understand your customers before you can satisfy them.

The second product niche I discovered last week was cheerleader and drill-team products. My sister-in-law is on her high school drill team, and the range of products her team requires to compete is truly staggering.  Special hairspray, makeup, fake eye-lashes, hair ties, dance sneakers, “spankies”, dance apparel, costumes, gym bags, and water bottles are just the beginning.  Their drill team promotes something called “Pink Dot Pride”, which means they also purchase pink polka-dotted stuffed animals, makeup bags, pillowcases, and picture frames to show their team solidarity.  If I were opening a cheerleader/drill-team website, I would make sure all my products could be easily customized to show the team colors and themes, and I would sell all manner of girly memorabilia as well as the regular cheer-leading necessities.  Again, I would consult my sister-in-law as an expert in this particular niche.

Dropship niche products

When brainstorming products to dropship online, don’t just consider typical categories like home decor.  Look for needs in the people around you.  What would your mom like to buy online, or your little brother?  What are people talking about on message boards,  and in blogs and news articles?  Always be looking for needs – your online business will be successful when you find a way to fill a need.

dropshipping, make money online

Products You Can Dropship To Make Money Online

March 4th, 2010

It is so darn difficult to think of a unique product to dropship.  Unless you can be creative, it will be extremely difficult for you to make money online because you’ll be competing in a saturated market.  For this reason, I have compiled yet another list of product ideas.  The following products are all items that people are selling online for profit.  I have specifically chosen these products because they are reasonably easy to ship and are likely to be available from dropshippers as well as wholesalers.  As always, I’m not guaranteeing that any of these will be profitable for you, because so much depends on the quality of your supplier, the venue you choose to sell from, and how you market your products.

Dropship products to sell for profit

Dropship Product Ideas:

Absinthe accessories
African-American hair products
Astronomy supplies
Bookends
Boxing supplies
Building toys
Cheerleading products
Cricket gear
Gaelic sports products
Geocaching products
Hair removal products
Magic tricks
Metal art
Microscopes
Militaria
Mobility and disability products
Mosaic kits
Piggy banks
Sci-fi memoribilia
Stamping and embossing accessories
Telescopes
Tobacciana
Weaving supplies

For information on how to choose which niche market is best for you, and for three other lists of products you can dropship for profit, follow this link:

http://www.wholesalematch.com/blog/category/product-ideas/

Product Ideas, dropshipping, make money online

Step By Step How To Start Dropshipping Products Online

February 11th, 2010

So you want to start an online business and you’re interested in dropshipping.  How do you start dropshipping products online?  Well, it’s actually pretty simple to set up.  Online entrepeneurs are drawn to dropshipping because it allows you to sell products online without carrying an inventory.  Basically, you could start posting and selling products today with very little capital required.

How do I start dropshipping products online?

step by step how to start dropshipping

Step 1: Get your Seller’s Permit, Tax ID Number, and PayPal account

The best dropshippers and wholesalers require a Seller’s Permit and/or Tax ID Number, so the first thing you should do is apply for these.  Second, set up a PayPal account so you’ll have a way to process payments from customers.  It may seem strange that this is the first step, before you’ve even thought of products to sell onine, but getting these three things set up can take time so it’s best to do it right away.

Step 2: Brainstorm products

You need to decide what kind of products you might like to sell online.  You should think of a few different options because there may not be a supplier for the product you first had in mind, or the product may not be as profitable as you’d like.  If you’re having trouble coming up with ideas, check out this link to a list of Products You Can Sell Online For A Profit.

Step 3: Find a supplier for your products

The easiest way to find quality suppliers for your products is to let Wholesale Match do the work.  For a small monthly or annual membership, our Research Team will find dropshippers and wholesalers for any and all products you can think of.  If there is not currently a supplier for your desired product in our database, our Research Team will go out and find one for you – we are the only database that does this.  Best of all, there is no risk to using our services because our annual membership comes with a 100% money-back guarantee.

Step 4: Set up an account with a dropshipper

After you’ve reviewed the list of dropshippers and/or wholesalers our Research Team provides you, simply choose the one(s) you want to work with and contact them.  It’s a simple process to set up an account with a dropshipper, and it shouldn’t cost you any money.  The dropshipper will provide you with a pdf file with descriptions and images of their products.  You can use these images to start posting items online.

Step 5: Start selling products

Once you have an account with a dropshipper, you can start selling their products online.  You can do this from your own website, on eBay, or from another auction site like Bonanzle or Amazon.  When you make a sale, you simply order the product from the dropshipper and have it shipped directly to your customer.  The difference between the price you charge your customer and the price you pay your dropshipper is your profit.

dropshipping, make money online, selling products online