Hi,
Do you know that its possible to make money online with no money,no stocks and no inventory needed ?yes,you heard that's right..
Well,I've been doing this for few years and it is literally a free money although you need to have some time to spend everyday and make this work. Its easy as a copy paste thing. You literally copy the product description and paste it to the site where you want to sell it..Its completely legal and some sellers do it too..I'll tell you in a bit why I said this.
First this method is called dropshipping
What is drop shipping?
Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.
The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn't stock or own inventory. Instead, the merchant purchases inventory as needed from a third party – usually a wholesaler or manufacturer
How to start?
First you need to have an account both amazon and eBay. If you are a regular seller on eBay then you already know how to list an item and the eBay fees and PayPal deductions.. Once you have both accounts,then go to amazon and find some good products to sell, some discount products,or popular products which you can find in every category .
Once you find some products to sell,you copy it and paste it to eBay , save the photos of the products from amazon and upload to eBay,you will then change the price of the product. For example the product you choose is a chair, the price on amazon is £30 ,then you need to list it from £40-45 or more if you want to. From that price,you will earn £3-5 because you will need to deduct the eBay fees and PayPal so you have £3-5 pure profit. The higher the price you put,the higher your profit. With this method,you are in control what items you want to sell, how much you want to earn each items.
Mind you,theres also sellers on eBay doing this so you have some competitors from your items. You can search the same item on eBay and you see exact item but different prices as well,..but the title of your listing helps you to get more sales so you need to be a bit different too..not just copy the title on amazon.
How to buy the products you sell on ebay?
Once you sold an item,you go to amazon,make sure that you save all your items for sale so its easy to find it or add in the basket..Once you have the item you sold on amazon basket, go to checkout and put the buyer's name and address and phone number etc so amazon will deliver the products directly to the buyer's address .. Much better if you are prime member,as it has a good benefit if your doing a dropshipping. First is, prime members have some discount in some products, and 2nd is all free and one day delivery so its a winwin situation for you and for your customers as you give them fast delivery service.
Pros and Cons of drop shipping
no capital
no stocks to hold
easy to get started
no location or warehouse
Wide Selection of Products
cons
low margins
inventory issue
supplier error
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