Drop Ship Company – Understanding the Basics

Hello friends, and welcome to my first post about a drop ship company. I’ll try and give you some insight on what a drop ship company is and how you can best make use of dropshippers generally and Ebay dropshippers in particular. I’m an Ebay powerseller so that’s where I make most use of wholesale drop ship companies. Though I must confess that I’ll be starting my own storefront soon to see how that goes. I think there’s some good money to be made in that if you know what you’re doing and you have the right niche.

But let’s get to the basics of what a drop ship company is. Basically a drop ship company is a company that will ship or mail products on your behalf. So let’s walk through an example. On Ebay for example, let’s say I’m selling candelabras. I’m not, that’s not my niche, but it’ll work as an example. I probably have 5 or 6 different candelabras that I sell. A customer comes by and places a bid or buys it now from my Ebay listing and as soon as the money hits my PayPal account I get a notification. I then send my drop ship company or wholesale dropshipper a message with the mailing address and name of my customer and the candelabra they bought. I pay my drop shipper and they mail off the candelabra to my customer under my Ebay name.

It really is that simple. The trick is that you need to find the best and most reliable drop ship companies out there. That’s where it pays to use a service, like the one that I recommend. There is a small fee for this, but it is well worth it in order to find a reliable and inexpensive drop ship company.

Remember, the dropshipper is invisible to your customer, so if they mess up, your name and image is at stake. One of the first things to look at in a drop ship company is can you make a profit on their prices they charge you. In my candelabra example. If my online dropshipper is charging me $20 for the candelabra then I need to make sure that I can get at least $25 from my customer for it.

I like to make sure I can increase the price by at least 20% to 30% from what my drop ship company is charging me. This is just a ballpark, but you need to make it worth your while.

How to Use PayPal on EBay

Our generation is fortunate to live in a world where advanced technology and improved lifestyle opportunities exist. One of the many changes in our world that I’m most thankful for is online shopping. It is the most convenient way of purchasing goods and services for someone like me who barely has time to visit the mall or make phone calls due to work demands and schedules. However, online shopping isn’t jut about convenience and smooth transactions. The most important thing online shoppers must wary about is the security of our financial information. Carrying cold cash in public is way too risky than staying at home and purchase items using a credit card, but if there are burglars and street thefts, there are hackers and online thefts, too. So, protect your credit/debit card and bank account details using only trusted global e-commerce business systems.

The most popular method of online payment and money transfer is by using a PayPal service. PayPal allows buyers to pay online purchases without the need to provide his or her financial details. A PayPal user simply sends his or her PayPal e-mail address to complete the transaction. Typically, online merchants that charge through a credit or debit card ask the buyer to provide them his or her card or bank account details to complete the payment. The merchant will automatically swipe in that details in the system and the buyer will automatically be debited. This is risky because the merchant has all the details it needs to mess up with your account, especially if it doesn’t use a protected system software or encryption that stores all information acquired from its buyers to avoid unauthorized use. With PayPal, your finances are secured. In fact, one sufficient proof that PayPal is a trusted payment verification system worldwide is that eBay, the world’s largest online marketplace, has acquired PayPal in 2002. This means, both EBay sellers and buyers can do transactions using PayPal conveniently.

For the benefit of those who do not know how to use PayPal on eBay, here are the simple instructions.

1. You need to have both an eBay and a PayPal accounts. In PayPal, you need register your account details as well, but remember that the information will be encrypted, thus are secured in the system.

2. Shop away on eBay and place your bids for items you want to purchase. In case the price is fine with you, select But It Now to get ahead of other interested buyers and bidders. Read all terms and conditions, as well as the return policy of the seller before you decide to make the payment.

3. Once decided, click on Commit to Buy and then Pay Now. Review the item and the total amount of your payment.

4. Choose the PayPal payment method. You will be directed to sign in on your PayPal account and select from which financial account you wish to use. The rest are simple completion instructions!

So, Enjoy eBay online shopping!