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Drop shipping, for those who are unfamiliar with it, is a system whereby you promote the products of a particular manufacturer, take orders directly, and the manufacturer/source handles all the inventory and fulfillment functions for you.
In a nutshell, here is the drop-ship system:
==>You generate and accept the order.
==>You take your profits out of the sale price.
==>You forward the order and the wholesale cost to the drop shipper.
==>The source factory ships directly to your customer.
The benefits of this arrangement are probably obvious:
* No inventory cost to you.
* Substantially higher profits to you over what most regular affiliate programs allow.
* The ability to quickly set-up inexpensive, highly targeted, niche or mini-sites to test and promote diverse products.
This process has been around for years and has been responsible for many highly successful mail order dealer relationships in the past. Many of the top catalogers and other direct response marketers, have been using this system to increase profits for decades. If you have ever ordered a high priced item from a mail order catalog and been told that the product was being shipped from the factory... then you have experienced drop shipping first hand.
Drop shipping is, I believe, a virgin un-tapped storehouse of profits for todays internet marketer.
On-line directories exist [http://www.dropshipprofits.com] which reveal essential contact information for drop shippers of over 2,000,000 products and 4,000 brands. Most legitimate drop ship sources will require that you have a state tax reseller number in order to approve you to sell their products and give you the wholesale pricing you are looking for.
Beware of any drop ship source which requires you to pay a fee in order to become a drop-ship dealer... or requires a membership. These are generally organizations which make their money selling "drop ship licenses"... and are, for the most part, scams. Legitimate drop shippers and factory sources never charge you any fees other than the actual wholesale cost & shipping costs of the products you sell.
Another caveat... always make sure that you have a written agreement with the source factory that you own the customer! The factory or drop ship source should agree in writing not to solicit your customers in any form. This is very important to you. Your customer list is one of your most important assets. If the factory you are dealing with balks at this request... use another source who will agree.
Almost every conceivable type of product is available from a drop shipper willing to ship products in single units under your companies name. Pick your interest area... electronics, consumer products, agricultural & industrial products, office equipment & supplies, hobby gear, recreational / sporting goods, clothing, furniture, etc. The list of available products from drop shippers is almost endless.
The products actual source is invisible to the consumer. The seller (you) is able to build a database of customers that he/she owns and controls (by agreement with the manufacturer) and has all the direct marketing advantages that accompany that arrangement... while eliminating the need for maintaining expensive inventory.
This arrangement offers maximum flexibility and cost savings for the seller. If a product does not sell well online you can pull the advertising (web page or mini-site) instantly with very little cost to you outside of the actual time it took to build and test the web marketing effort. Or, since this type of page/mini-site is so inexpensive to maintain and host... you can simply leave the pages online and take whatever orders trickle through... while you move on to the testing and promotion of new drop ship products. A quick marketing test can be done on eBay or other auction site to determine if the product sells... and at what price.
The manufacturer benefits from this relationship by gaining a legion of active marketers promoting their products... at little or no cost (other than those small costs involved with supporting the marketer with online marketing materials like product images, sales materials, etc).
As a marketer you are looking for several key components in developing the drop-ship relationship with a source factory or distributor:
** High Quality Products
** Blanket Product Liability Insurance (if applicable)
** A clear guarantee and return policy
** High Quality Marketing Materials ... product images (gifs, jpegs, etc.), selling copy, other suitable web graphics, etc.
** A Customer Service Department that will work with you to develop the best selling situation for you.
If you are a manufacturer seeking to expand distribution (or an inventor with a new product ) you will find the willingness to drop ship in single units will give you a strong competitive edge while you carve out increased market share at little cost.
If you are an online marketer interested in offering high profit products to your niche market (your website visitors) without incurring high front-end development or inventory costs... then drop shipping is for you.
Internet marketers are uniquely positioned to take profitable advantage of the drop ship arrangement and should give this system a serious look.
(c) Copyright 2005 Thom Reece
Thom Reece is CEO of Online Marketing Resource Center [http://www.E-ComProfits.com] and publisher of "Thom Reece's Web Marketing Strategies & Techniques Newsletter". You may subscribe free at: http://www.WMSTDirect.com, mailto:firstname.lastname@example.org
BANGOR, Maine (AP) — Two Maine malls have now gone up for auction.
Arizona's collection of classic car auctions sold $251 million worth of cars during the past week, a total up about 1.2 percent increase from the previous year.
Ford auctioned off its first GT Heritage Edition supercar on Friday at the 48th annual Barrett-Jackson Collector Car Auction in Scottsdale, where the vehicle ...
The Spenger maritime collection went to auction this past weekend, but the rarest items, including a 34.29-carat diamond and a rare Japanese vase from the ...
Heritage Auctions' early January numismatic sales topped $71 million for the fourth consecutive year, the company announced Jan. 18.
WOODLAND — There's a lot to admire in The Columbian's offices.
Sunday is the last day of the Barrett-Jackson auction and will feature the last round of high-powered collector cars.
“The Sell Sider” is a column written by the sell side of the digital media community. Today's column is written by Sara Badler, senior vice president of ...
Jackie Robinson's contract with the Brooklyn Dodgers -- one of the most important documents of all time -- is hitting the auction block and it's expected to fetch ...
View detailed pictures that accompany our The 11 most expensive lots at the 2019 Barrett-Jackson Scottsdale Auction article with close-up photos of exterior ...
PASADENA, Texas - The city of Pasadena will host a public vehicle auction Saturday. The vehicle auction will be held at the Pasadena Maintenance Services ...
FUN and NYINC U.S. & World Coin & Currency auctions register countless price records, 97% sell-through rate. Heritage Auctions announced Friday its early ...
In recent years, buyers have flocked to private marketplaces to avoid the fraud, hidden fees and low-quality ads they saw in the open marketplace. Agencies ...
The commercial and industrial property market enters 2019 on the back of a strong finish to 2018, with a total of 38 properties around the North Island selling for ...
HOUSTON, Texas -- Gallery Auctions, Inc., is pleased to announce a grand auction open to the public on Saturday, February 16, 2019, showcasing the lifetime ...
Harrisburg – The Pennsylvania Liquor Control Board (PLCB) today issued an invitation for bids to award 25 expired restaurant licenses in the eighth license ...
2Pac's pornographic drawings and hand-written love letter to his girlfriend have been sold for over $21000 at auction.
While no single work topped last year's $450.3 million “Salvator Mundi” painting by Leonardo da Vinci, plenty of other auction records were broken this year.
The 28GHz spectrum auction, dubbed Auction 101, continues to limp toward completion with a paltry $700 million in total bids. That's nothing compared with the ...
Treasure hunters in Evansville search for a diamond in the rough. Gems they seek are locked behind metal doors, and the highest bidder wins whatever is ...
FUN and NYINC U.S. & World Coin & Currency auctions register price records, 97% sell-through rate Heritage Auctions has announced that its.
The charity auction of the first 2020 Toyota Supra this past weekend shocked many when it netted US$2.1 million at Barrett-Jackson's annual event in Scottsdale ...
Wild Bird Society of Tainan director Pan Chih-yuan (潘致遠) on Saturday held an online auction to raise funds the group needs to continue its wild bird rescue ...
Quite a range of auctions this week to keep an eye on, including three sales on Tuesday, January 22: At Bunch Auctions, a combined sale of Rare Books & Fine ...
A 30858-square-foot Paradise Valley home that was once listed for $35 million is going up for auction later this month. The Paradise Valley home, called Villa ...
Don Lutes Jr. kept the 1943 copper penny he stumbled upon in his high school cafeteria seven decades ago in a safe behind a wall in his Massachusetts home.
Several Arizona multimillion-dollar mansions, including one owned by Randy Johnson, could soon go to the highest bidder in a live Scottsdale auction.
AMARILLO, Texas (KAMR/KCIT) - The Amarillo Bulls hockey team wore special jerseys for this weekend's games. The jerseys had rainbow ribbons which ...
Silent auctions are a mainstay of charity events, but how do they really work? Read more to learn what a silent auction is and how silent auction software can ...
Arizona Cardinals receiver Larry Fitzgerald auctioned off three of his cars at Barrett-Jackson in Scottsdale Saturday.
Visitors formed long lines before daybreak on Tuesday to catch a glimpse of Tokyo's renowned tuna auctions — now at the Toyosu wholesale fish market — as ...
Invaluable said it sold half a million lots on its global marketplace in 2018, which is up 20% over the previous year and is up 130% over 5 years. The number of ...
The owners are selling homes in Florida, Pennsylvania, New Mexico and Colorado that were previously individually listed for a combined $46 million.
Artsy presents Rago Auctions: Modern Design, featuring works by George Nakashima, Gio Ponti, Harry Bertoia, and more. In advance of the auction, browse lots ...
Artsy presents Rago Auctions: Modern Ceramics & Glass, featuring works by Dale Chihuly, Hans Coper, Yoichi Ohira, and more. In advance of the auction, ...
Arizona Car Week kicks off this weekend with Barrett-Jackson, Bonhams, Gooding & Company, RM Sotheby's, Russo and Steele, Silver Auctions and ...
Intel may be set to expand its ninth-generation extreme CPUs by one more notch, though it's a curious mix and priced oddly. The alleged 9990-XE will drop four ...
Get a peek at some of the collector cars that will be auctioned at Barrett-Jackson in Scottsdale on Sunday.
There were plenty of amazing cars for sale at the 2019 Scottsdale auctions, but there were a few surprise cars that didn't find new homes.
The most garish symbol of a convicted former Venezuelan national treasurer's greed — 14 Palm Beach County show-jumping horses seized by the feds — will ...
Two dozen horses in poor condition were rescued from a local auction, and almost half had to be put down.
Miami Dolphins running back Kenyan Drake sprints for the end zone as time runs out in an NFL game against the New England Patriots on Dec. 9, 2018, at Hard ...
India plans 350 GW solar, 140 GW wind power capacity operational by 2030, with share of renewable energy in overall power generation targeted at 40%.
Jeff Gordon is auctioning off a 2016 Corvette C7.R with supercharged 6.2-liter LT4 V8 engine to raise money for cancer research at Barrett-Jackson.
Prices of most Japanese government bonds were steady on Wednesday, supported by a pause in the stock market, but confined to a narrow range ahead of an ...
The ball is signed by Jay Hook, who pitched the entire five-hitter game against the Pittsburgh Pirates.
That's a lot of money for four cars that aren't street legal.
Equine Sales Company has released its complete 2019 schedule of sales after previously announcing that the 2-Year-Olds in Training Sale will be held April 2.
The last remaining bit of 175-year-old McConnellsville business Harden Furniture is up for sale, with a sealed-bid auction due to end Feb. 1 for the company's ...
RACINE COUNTY, Wis. (CBS 58) -- An Illinois man is facing several charges after allegedly issuing several worthless checks at the Manheim Milwaukee Metro ...
Gooding & Co. will auction off some of the most expensive cars in the Valley on Friday and Saturday. We're talking multimillion dollar.
GLENPOOL, Oklahoma - The first ever medical marijuana auctioned online in Oklahoma sold to a dispensary in Oklahoma City that bid $2,200 for a half-pound.
The FCC's auction of 28 GHz spectrum officially surpassed $700 million after 35 days of bidding activity. The total amount of provisionally winning bids has ...
You have read 1 of 10 articles. Log In or Subscribe. It was one lone golf ball – but if the item was small, it reaffirmed two big things about the Lyle Area Cancer ...
For a 20th straight year, the 'Magic' is about to come alive to help Cedar Valley children and their families. The 20th annual Magical Mix Kids auction is.
While the late-rapper was serving time in the mid-90's, he drew an explicit drawing for his then-girlfriend, which is now going up for auction.
Walla Walla Community College's Institute for Enology & Viticulture will receive a $15000 grant to help support the program's “Human Capital” fund.
Woodmere estate in Ligonier, once listed for $7.5 million, sold for under $5.2 million at a no reserve auction held in Chicago.
At auction, the most expensive Moutai can far exceed the value of rare whisky, but with forgeries aplenty, investing in the spirit is not for the faint-hearted. Natalie ...
Arconic shares fell 25 percent on Tuesday after the aluminum products maker said it was no longer pursuing a sale of the company, following reports that it was ...
The Marietta/Cobb Museum of Art, 30 Atlanta Street SE in Marietta, will have Martinis and Music on Feb. 8 from 5:30 to 8:30 p.m..
A legendary Ford Mustang sold for a historic price at the Mecum Auctions event in Kissimmee, Fla., on Friday night when the bidding ended at $2,200,000.
Artsy presents Rago Auctions: Mid-Mod, featuring works by Eero Saarinen, Tommi Parzinger, Paul Evans, and more. In advance of the auction, browse lots and ...
Calling all fans of Ben Baller and slide sandals: Get your bids ready. StockX, the Detroit-based “Stock Market Of Things,” announced a new IPO ...
Rickey Jensen spent decades finding and collecting motorcycles and other items produced by or related to Indian-brand motorcycles. All of it, found in a locked ...
NAGPUR: In an unprecedented action, income tax department here has auctioned 18 properties, which included jewellery and immovable assets, to recover .
Two foreign mobile operators expressed interest in joining the 700-megahertz (MHz) spectrum auction unless the reserve price is based on the previous licence ...
Artsy presents Rago Auctions: Lost City Arts - 36 Years of Collecting, featuring works by George Nakashima, Harry Bertoia, Vladimir Kagan, and more.
A woman who has battled NASA for years over an artifact from the Apollo 11 moon mission has filed a new lawsuit accusing the agency of damaging the object ...
BROOKINGS – It's looked at to be a fitting finale to the final day of National Catholic Schools Week 2019: the St. Thomas More Catholic School Winter Gala ...
There are plenty of homes for sale in South Florida, but one property offers unbelievable luxury for less. It's an auction where, in theory, the buyer could pay a ...
If you thought that just about every barn in Europe was checked for the presence of a Lamborghini Miura long ago, you were overestimating the barn-checking ...
Atonement Lutheran Church in the Heights is holding its Bounty of the Field wild game event on Saturday, Feb. 2.
VAIL, Colo., Jan. 22, 2019 /PRNewswire/ -- Real Estate Auction Marketplace™, Interluxe, will be accepting bids for two coveted Vail, CO properties on its online ...
Four luxury homes going up for auction in the same week by Robert and Miryam Knutson. They have been previously estimated in value for a combined $46 ...
MIDDLEBORO, MASS. - A week or so before White's January 13 auction, the National Football League decided that the divisional playoff game between the ...
CINCINNATI, Jan. 22, 2019-- The Showboat Majestic, a National Historic Landmark, is currently for sale by auction on the online government surplus.
Can't be at the Barrett-Jackson auction in person? See which vehicles draw the biggest bids on TV.
The Hub City Livestock Auction, Aberdeen, South Dakota, reported receipts of 4411 head selling Jan. 16, compared to 7228 head a week ago and 5217 head ...
French actress Catherine Deneuve shares her YSL items in auction, including the gowns she wore to the Academy Awards in 1993 and 2000.
The Mecum Auction's Kissimmee sale features an assemblage that includes rare road rockets from the 1930s through 1960s and beyond.
Two Maine shopping malls, one in Bangor and the other in Presque Isle, are up for auction. Irvine, California-based auction house Ten-X is advertising separate ...
A commercial property in the very active Lakeview neighborhood of Birmingham will hit the auction block next month. Local company Granger Thagard will hold ...
A 1994 Club Car Golf Cart sold for $58,000 at Russo and Steele Collector Automobile Auctions on Thursday, with proceeds benefiting the family of fallen Salt ...
In 1864, the Civil War raged on, with severe consequences both on the battlefield and in commerce. The greenback could not hold its value and Confederate.
Civil War archive of Charles A. Hill relating to his *service* in the 1st Regiment Infantry, US Colored Troops. An extensive archive consisting of 112 letters from Hill ...
FORMER Gers ace Ricksen was recently reunited with his wife Veronika, 32, and his six-year-old daughter Isabella who flew in to St Andrews Hospice in Airdrie.
The national auction clearance rate across the last quarter of 2019 fell to 43.6 per cent from 62.3 per cent the previous year.
Gimmicks dominated the art scene but some technological changes have genuine potential.
If there's one thing an automaker loves, it's auctioning off the first VIN of a fancy new model for charity. Ford's the latest automaker to hitch its horse to that cart, ...
A rare example of an 1885 Trade Dollar, intended to help improve commerce with China, sold for $3.96 million in Dallas, Texas, last week. Prominent Utah ...
Honor the legacy of Martin Luther King Jr., check out an art and wine festival or see what's going on the block at a high-end car auction.
FreshPlaza is the number one portal for the *fresh* produce industry, offering the latest news, job advertisements, pricewatching, and photo reports.
Larry Fitzgerald had three of his vehicles hit the auction at Barrett-Jackson over the weekend. So, how much did they sell for?
The $30 bln online merchant has a history of spinning off bits of itself. It has, though, missed opportunities in its core business. While the activist may persuade ...
The 13,000 square foot home that overlooks Roberts Bay will be sold fully furnished. In total, there is more than 20,000 square feet of covered space, both ...
This week, we have photos from Rosendin's centennial celebration and the holiday auction for Sunnyvale Community Services.
Heavy snowfall in the nation's capital has prompted the FCC to suspend the 28 GHz spectrum auction. The agency plans to resume activities on Jan. 15 with six ...
These are the five most interesting vehicles up for auction at the RM Sotheby's Auction in Scottsdale, Arizona. The auction takes place January 17-18, 2019.
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