Auction Information

The Drop Shipping Business


You have suddenly found the perfect business and you are all geared up to make lots of money. You have see the ads about Drop shipping and it sounds great.

Well of course it is great for some people! BUT will it be great for you?

Of course it will you think! Well think again its not as easy as it sounds and don't be fooled into thinking you don't need money.

First of all you start your search for drop shippers, Wow there is loads. Go on click on one or two.

That's right you have a found a great drop shipper but first of all they want a joining fee, OK you join, now what! You find it is a list with loads of drop shippers you can use. This is even better, so you click on one or two, and lo and behold they want you to pay as well to sell their products!

Is it a wind up? No they really do, It might be just a few pounds or a lot of pounds. And then to make things worse some of them want holding fee to make sure you use their site. It could be 20 or 30 depending on which site you pick. They call it a trust.

OK you pay up again, but oh the disappointment when you see their sale products, Most of them are already advertised on Ebay and other auction sites, and when you check they are selling them at much cheaper prices than you could ever hope to do.

WOW again, you have found one that is really free to use, yes there are a few out there. BUT a slight drawback. They have a big warehouse, but evidently this warehouse only stocks one of each product or so it seems.

Ok you decide to have a go any way, perhaps you have chosen jewellery, so you go to Ebay and put a gorgeous gold ring on auction for five days. Great someone has made a bid, at the end of five days you find you have made a nice little profit. They pay up and off you go to warehouse to pay the cash so the ring will be drop shipped to the customer.

Oh dear they have run out of stock! not surprising when there was only one to start with. What do you tell your happy customer who thinks they have just got a bargain and they are eagerly waiting for it.

What a great start, your disgruntled customer leaves you negative feedback and wham that's a black mark on Ebay.

So back you go and read every thing you can if they have a forum. What is the advice that you find, Purchase first to be sure of the product then put it for sale. So much for starting your business without having to spend.

If you can afford to purchase it then go ahead, it is a risk like anything else, but when you see hundreds of the same or similar on the auction you just have to hope that yours is the chosen one that they bid on.

Its quite true that some one some where will bid on anything, so instead of spending 10 or 20 on a piece of jewellery or whatnot, take a tenner and go to your nearest pound shop and buy ten items, see what you make on them.

That is my advice, take it or leave it. I bet you make a profit.

Sylvia White Author and website owner of http://www.sylviawh.co.uk; http://www.u-want-money.com; http://www.geocities.com/sylviaworkathome


MORE RESOURCES:

Top auction houses to put art market rally to test
Reuters
By Mike Collett-White | LONDON (Reuters) - Auction houses pinching themselves after bumper 2011 sales are now turning their attention to 2012, amid cautious optimism that the two-year bull run for top works of art will continue.

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Treasurys edge up on concerns about Greece
MarketWatch
Limiting gains, traders are preparing for the US government's quarterly refunding auctions, which will include sales of 10-year notes and 30-year bonds. See story on bond refunding. “Treasurys are modestly higher, as discord among Greek coalition ...
Treasury Auctions Set for This WeekNew York Times

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Fewer buffalo, higher prices from past years mark stock show auction
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He travels to auctions in Custer, Denver and Rapid City looking for animals, he said. "People tend to bring their better bulls to these things," White Thunder said. "They say if you go to a ranch, it's kind of like a feed lot so you don't really know ...

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Wayne Co. offers homes in Detroit for cheap
The Detroit News
In a stark sign that paying property taxes is optional for some in Detroit, Wayne County Treasury officials decided last week its workers will go door-to-door to some of the 6500 city properties unsold at last fall's tax auctions and offer to make a ...

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Treasury Yield Is 3 Basis Points From One-Week High Before Debt Auctions
Bloomberg
Ten-year Treasuries yielded more than German bunds for the first time in four days as the US prepared to sell $72 billion of notes and bonds this week, starting with an auction of three-year securities tomorrow. “What's going on in Greece underlines ...

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Belfast Newsletter

Bargain homes bagged at auction
Belfast Newsletter
BARGAIN hunters were celebrating this weekend after seizing on the collapse in property prices to snap up super-cheap houses at auction. Twenty-four residential lots, starting from £10000, were sold in little more than an hour at the major sale in ...

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Moneycontrol.com

Uninor to bid for 2G spectrum: CEO
NDTV
Uninor, a 67 per cent subsidiary of Norway's Telenor, plans to look at all options including fresh auctions of second generation spectrum by India to protect its investments. Sigve Brekke, CEO, Uninor said that the company was ready to participate in ...
Telenor readies legal, diplomatic fight to save investmentTimes of India
Norway's Telenor says 'not dead yet' in India marketEconomic Times

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Spain Renewable-Energy Future May Center on Auctions, Cinco Says
Bloomberg
Spanish renewable-energy projects may be awarded in the future through auctions, Cinco Dias reported, citing language in the January royal decree that eliminated guaranteed subsidies. The law champions “a new model for retribution” in which “resources ...

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CAPS auction brings record haul
Salina.com
By CHRIS HUNTER As the bids poured in from the crowd on a Bud Light speaker at the 23rd Annual Celebrity Benefit Auction for Child Advocacy & Parenting Services, Dr. Merle "Boo" Hodges was hoping to get a crack at the speaker if it stayed lower than ...

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Stockholm home to oldest auction house
Times of India
Herodotus has mentioned auctions in Babylon. Several types of auctions - from slaves to seized goods in an armed invasion - are mentioned in Roman and Greek history. The modern world's oldest auction house is the Stockholm Auction house formed in 1674.
Auction for Sale of Government StocksPress Information Bureau (press release)

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