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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.
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
BRONSON — Saturday IndyCar race fans and local fans of Scott Brayton, will get a chance to own a piece of history.Brayton, a Coldwater native, participating in ...
A mint condition original copy of Super Mario Bros. for the NES has sold for a whopping $100150 at an auction, making it one of the most expensive games ever ...
Taxpayers continue to spend millions of dollars to address vacant or abandoned properties in foreclosure [“$9M for 'zombie' homes,” News, Jan. 28].
America's first gold rush took place in the Piedmont area of North Carolina and Georgia in the 1820s and '30s. The expanding economy of the region.
The cluster of elite car auctions associated with Rétromobile grew in strength yet again this year with official auction house Artcurial and the world's largest ...
Local auctioneer David Hall, who ran two local consignment companies, has been hit with another lawsuit regarding the operation of his National Book Auctions ...
Although Michigan law prevents government officials from participating in foreclosure auctions, the family of Wayne County Treasurer Eric Sabree took part in ...
With another round of January auctions behind us, we can now get a better look at how collector cars are selling and marvel at the prices they command.
32 Auctions in this week's paper. ** Indicates an auction ad appearing in this issue of the Wisconsin State Farmer. FRIDAY, FEBRUARY 15. Coleman, WI.
Bad weather continued to adversely affect some of Manitoba's cattle auctions during the early part of the week ended Feb. 8. Strong winds whipped up snow.
LAS VEGAS (KTNV) — Clark County's first government surplus auction of 2019 is just around the corner and the preview and pre-registration begin next week.
Did you forget to get your Valentine something? Or maybe your Valentine's Day present didn't hit it out of the ballpark? The federal government might be able to ...
While working for the U.S. State Department some 20 years ago, Melvin Gamble was assigned to South Africa. Settling into their new post, Gamble told his wife ...
Every auction is different, of course, but Scott White says it wasn't so surprising to see owners go aggressively after starting pitching in this one.
Here's a chance to own a piece of Rhode Island nightclub history. Items from Mardi Gras, JR's Fastlane, Mustang Sally's and Club 5 in Cranston are being sold ...
EUR/USD may be watching the Eurozone's industrial production data. Bond auctions in Italy and Germany will also be a key event to monitor as EU.
ROCHELLE — A vendors and crafters quarter auction will be held on Thursday, March 7 in Rochelle and proceeds will benefit the Vince Carney Community ...
As politicians are poring over old yearbooks for any old indecencies, the College of William & Mary has started to do the same. College spokeswoman…
Officials say the vehicles come from places such as the Bay County Sheriff's Office, the Franklin County Sheriff's Office, and the City of Parker.
State Senator Monty Mason's fraternity, Pi Lambda Phi, was among Greek organizations to hold a "slave auction" as a fundraiser.
Year-on-year, the innovative auction firm doubled the number of European sales in 2018 LONDON, Feb. 15, 2019 /PRNewswire/ -- Luxury global property ...
The first 5G airwave license auction ended with the Federal Communications Commission receiving total winning bids of $702 million.
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Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in KAR Auction Services Inc (NYSE:KAR) by 8.2% during the 4th quarter, according to the ...
Riley Dolan's dream was to become an auctioneer.
A 1999 PGA Championship flag autographed by Tiger Woods is one of the rare collectibles that is part of the PGA REACH Collection, which will be unveiled for ...
The top 3 busiest suburbs for auctions this week are in New South Wales where Port Macquarie tops the list with 20 homes scheduled for auction. Lane Cove ...
Classics from the 1990s are in strong supply at the 2019 RM Sotheby's Amelia Island auction. Here are nine of our favorites from this year's sale.
Art from the Red Bank, Skerries and a boudoir grand piano.
Developer Michael D'Alessio, who pleaded guilty to fraud charges in November, sold multiple dev projects at bankruptcy auctions over the last few months.
Global wine auction sales at Sotheby's rose more than 50 per cent to US$98 million in 2018.
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What: Antiques Auction. Where: Coral Gables Auction; 8500 SW 8 St. #256, Miami, FL 33144, United States. When: February 25; 08.00 pm GMT. Top lots of the ...
There were no official bids for the 140-year-old ship, the only surviving iron-hulled, four-masted ship of its kind in the world. Read More ...
Contracts and personal documents of some of baseball's greatest players are up for auction this month in New Hampshire.
NEW DELHI: Auctions for commercial coal mining may not take place soon as the country is entering the election mode, said a senior government official.
Mario Klingemann's “Memories of Passersby I” generates portraits using neural networks. But that's not what makes it art.
New Jersey Board of Public Utilities : * New Jersey regulators on Thursday approved the results of the state's 18th annual electricity Basic Generating *Service* ...
Most law enforcement auctions feature rather dull vehicles, but a 1991 Ferrari F40 seized from a California millionaire hammered sold this week at a U.S. ...
Sunday is the last day of the Barrett-Jackson auction and will feature the last round of high-powered collector cars.
While 2018 was a volatile year for Wall Street, it was a winning year for wine auctions. Bidders paid record prices for a host of rarities ranging from Domaine de ...
The official auction of the FUN Convention was conducted by Heritage during the middle of January at the Orange County Convention Center in Orlando, Florida ...
Contracts and personal documents of some of baseball's greatest players are up for auction this month in New Hampshire.
Georgia Tech women's basketball will host its annual Pink Game this Sunday, Feb. 17.
SCOTTSDALE, AZ (3TV/CBS5) -- More than 20 artists from the Scottsdale area are coming together this weekend for an art show that benefits a very worthy ...
This Valentine's Day weekend, Oakland is brimming with family-friendly activities -- including a love-themed art exhibition hosted by young creatives and a ...
BENNINGTON — The School of Sacred Heart St. Francis de Sales invites everyone to this year's Wintertastic Celebration and Live Auction, on Saturday, March ...
Everything must go, and go it will, when auctioning begins Saturday at the closed–down Mardi Gras nightclub in Cranston.
HERMANTOWN, MN (KDAL) - It was another successful Tax Forfeited Property Auction from St. Louis County on Thursday. 17 tax forfeited parcels sold for over ...
Wayne County Treasurer Eric Sabree embraced two separate county reviews of his family's property purchases from his office's tax auction, he said in a ...
LIMA — The Shawnee High School Band Boosters will hold a quarter auction at 1 p.m. Saturday, Feb. 16, at Apollo Career Center, 3325 Shawnee Road, Lim.
The Rotary Club of China Lake will host the annual Scholarship Dinner and Auction on Saturday, March 18, 2019. This is the major fundraiser for the ...
New Holland, Pa .Feb. 14, 2019Report Supplied by USDA.
Woodmere estate in Ligonier, once listed for $7.5 million, sold for under $5.2 million at a no reserve auction held in Chicago.
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A piece of President Donald and first lady Melania Trump's wedding day could be yours, as a wedding cake favor from the couple's January 2005 nuptials has ...
Five paintings believed to be created by Adolf Hitler failed to sell at a German auction amid public outrage and accusations of forgery over the weekend.
A German auction house has been forced to pull several paintings attributed to Adolf Hitler just days before they were due to be put up for sale.
France Italy cross border power capacity values for March rose 17% year on year to Eur7.47/MWh the highest in six months in auctions held by the Joint ...
David Gilmour's 1969 Black Fender Stratocaster has earned its place in rock'n'roll history. Known as 'The Black Strat', the guitar was purchased in 1970 at ...
Music lovers from all around will gather at Nuçi's Space on Saturday, Feb. 16, from 1- 4 p.m. for the Drive-By Truckers' homecoming pre-party and silent auction.
A lock of hair from founding father George Washington is set to go up for auction next month and experts believe it could fetch a pretty penny.
Five paintings purportedly made by genocidal dictator Adolf Hitler failed to find any buyers at a weekend auction in Nuremberg, Germany, amid concerns about ...
The infamous black Ferrari F40 crashed long ago and then put back together by Gas Monkey Garage has just sold again—though this time it traded hands at a ...
A four-bedroom, six-bathroom home in Kennedale is set to hit the auction block without reserve. The Tarrant County estate is spread over 4.97 acres and is ...
A Feb. 16 auction will benefit the Pregnancy Resource Center of South Central Missouri.
Plus, the New Orleans Museum of Art acquires 26 new works for its sculpture garden, and an Ebony G. Patterson tapestry joins the Pérez Museum of Art Miami ...
The Bridge Teen Center is to hold its annual Chefs' Auction fundraiser on Thursday, March 7, at Orland Park's Silver Lake Country Club. All money raised is to ...
Owner Brad Grant said the four majority owners of Atlanta are united in selling the star trotter on OnGait.com in the hopes of retaining her without her troubled ...
Sotheby's New York announced today that its Contemporary Art Evening auction this May will feature an important work from the collection of the San Francisco ...
A souvenir wedding cake from President Trump and first lady Melania Trump's 2005 wedding was bought by an artist last week for $1800.
At the Laguna Art Museum's 2019 benefit auction, California Cool, works from over 100 Californian artists are available for purchase, and every sale results in ...
Nothing beats that new car smell. Even when it's 32 years old. Somehow, there's a 1987 Buick GNX up for auction on Bring A Trailer with just 8.5 miles on the ...
A taxidermied sperm whale penis from the late 19th century that sold for £4,600 ($5,875) in an auction. (Photo Credit: Sworders Fine Art) ...
The Bowery Savings Bank building is headed to auction in a showy spectacle that its owner is hoping results in a big-figure sale. The sale of 130 Bowery is not ...
Honoring those who serve is a great theme, so Paxtons Jewelry of Storm Lake chose a red, white and blue theme for their 2019 donation to the Storm Lake St.
A piece of artwork completely generated by artificial intelligence will be auctioned at Sotheby's London this March, with a presale estimate of between £30,000 ...
Works from the late pop legend's private collection going under the hammer will be previewed in Hong Kong and Shanghai later this month.
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Sun Hung Kai Properties won a residential parcel in Tai Po for a higher-than-expected HK$6.31 billion (US$804 million) on Friday, its second successful ...
This Buick GNX still has the factory plastic covering the seats and dashboard. It's for sale on Bring a Trailer.
Clark County will hold its first government auction of the year on Saturday, March 2.
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What: 20th Century Decorative Arts. Where: Cambi Casa d'Aste, GenovaCastello Mackenzie Mura di San Bartolomeo, 16 16122 - Genova - Italy.
The recent high-profile case of Andrzej Sapkowski, the author of The Witcher novel series, who raised a claim for additional royalties based on the…
HONOLULU (KHON2) - An historic ship is now up for auction. The Department of Transportation's Harbors Division is selling the Falls of Clyde. The 280' ...
Tom Brady keeps winning for New England, even after football season. Gillette boxes bearing the New England Patriots quarterback's signature will be available ...
The 32000-square-foot Stanford White masterpiece at 130 Bowery could fetch upward of $50 million.
Ladies grab your girlfriends for the "Ladies Night Paddle Auction" happening in Dimondale this Tuesday.
Grammy winners, nominees, and performers are teaming up to raise money for MusiCares and the Grammy Museum Foundation. | iHeartRadio.
The city is auctioning off a bunch of items from the old police headquarters after the department moved to the new HQ late last year.
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