Using Drop Shipping for E-commerce
LEARN HERE HOW TO GET INDEXED BY YAHOO! AND MSN IN ABOUT AN HOUR!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THE WINNING ADVANTAGE eZINE
Tuesday, May 3, 2005
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Published by Earl Savage
ES World Marketing
http://www.esworldmarketing.com/blog/ezine/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
In This Issue:
-----------------
1. Message from the Editor
2. Feature Article - "Using Drop Shipping for E-commerce"
by Ray Yee
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Dear Reader,
Thanks and WELCOME!
As always, I hope you'll enjoy and profit from reading "The Winning AdVantage".
Please feel free to post your comments at the bottom of this blog post. I am here
to help and welcome any help or advice you may offer.
Cordially yours,
Earl Savage, Publisher
The Winning AdVantage eZine
winning@esworldmarketing.com
P.S. If you like this ezine, please forward it to your friends, downline, upline, etc.
If you have ideas for improving it, please let me know. I'd love to hear from you.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
At my Software Give-away blog I am giving away software and ebooks.
The only "catch" is that we ask you to use the software and then tell me
what you think of it. How easy is that?
Yes, that's right! You get software and ebooks, at absolutely no cost to
you, to keep forever.
And that's not all; some of the software packages come with resell rights.
That means that you not only get FRËË software, you also get to sell it,
if you wish. All I ask is that you:
* Sign up for my rss feed (That's FRËË too!)
* Download the software
* Use the software
* Return to the blog and post your comments.
I will be posting new software regularly. So go now to:
http://software-give-away.blogspot.com/
and get all of the details.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
=>> Feature Article
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Using Drop Shipping for E-commerce
By Ray Yee
Thanks to the ubiquity of the internet, online virtual businesses
have become very popular business opportunities. Online retail stores
are gradually playing a more important role in our lives than the
traditional `brick-and-mortar' retail shops. Over the last
few years, a new concept called `Drop Shipping' has emerged
with the coming of the internet. Drop Shippers are basically
wholesalers who are willing to ship their products directly to your
customers. This article aims to provide readers with an introduction
to the current state of the E-commerce industry, Drop Shipping and
its benefits, and the promise it holds for the online retail
community.
Online Drop Ship businesses are now very popular home-based business
opportunities. According to a Forrester Inc. report, online retail
sales will grow at a 25% annual growth rate over the next five years.
Online retail sales will reach nearly $230 billion and account for
10% of total US retail sales by 2008. On Ebay, more than 430,000
people are making a full- or part-time living from the auction site.
Many of them use Drop Shippers to auction their products. Hence, with
such strong statistics, the internet entrepreneur can hope to start a
retail business now and still claim a portion of the ever-growing
market share.
The Drop Ship model offers many unique advantages over the Wholesale
model:
1) You do not have to spend a fortune on the huge inventory of
wholesale stocks before you start a retail business. This translates
into a very low business startup cost. There is no risk of purchasing
large quantities of stock, and finding that you cannot sell off your
goods because they have become obsolete among consumers. Therefore,
with the variety of products offered by your Drop Shipper, it becomes
feasible to test which products have a strong demand over the
internet without losing a fortune on each test.
2) Another prime advantage of a Drop Ship business is that there is
no need to worry about shipping your products to your customers. You
do not have to provide storage space for your goods, nor do you have
to incur warehouse costs. Your Drop Shipper will take care of all the
logistics and shipping of your Drop Ship business. In fact, most Drop
Shippers are willing to label their products with your company name
on it, so it will appear as if you are the one who shipped the
products to your customers. The shipping cost for each product is
also reduced, because your Drop Shipper can ship your products
directly to your customers. A higher profit margin is achieved
because of the reduction in unnecessary shipping costs.
3) Drop Shipping is also unique in that it allows you to `sell
high, then buy low', instead of `buy low, then sell
high'. Your risk involved in your retail business is dramatically
lowered as you get paid up front for your products, making a profit
on each sale.
4) There is no minimum quantity restriction on your orders. From your
website catalogue, you can sell as much of your products as you want,
and you can leave the indenting of stocks to your Drop Shipper. The
quantity of products which you can sell over your website is only
limited to your market demand, and your marketing efforts.
The process of setting up a Drop Ship business can be distilled into
a few simple steps. First, you do some research over the internet
over the niche market that you would like to target. Once, a strong
demand for your products has been established, you contact the Drop
Shipper of your choice and set up your business as the retailer of
the products you want to sell. Next, you design a website complete
with product catalogue and credit-card-accepting functions. The
product descriptions and images can be obtained from the Drop
Shipper, in most cases. After which, you need to drive large volumes
of traffic to your website through internet marketing. Some visitors
to your website will be converted to customers if they find your
offers attractive enough. They place orders at your website and they
pay you the retail prices, up front. You email the orders to your
Drop Shipper, who will ship the products to your customers directly.
Of course, the retail price will have to be marked up to include
shipping costs as well. Since the Drop Shipper charges you the
wholesale price for their products, the profit margin you earn is
simply the difference between the retail and wholesale price.
Internet businesses, in general, have also many strong advantages
over `brick-and-mortar' businesses. Startup costs are
generally very low, and this is well suited for those aspiring
entrepreneurs working on a shoestring budget. The costs for
conducting a Drop Ship business will be mainly software for setting
up and marketing your business. Some examples will include shopping
cart software, email marketing software, search engine promotion
software, and so on. Other costs would include the web-hosting fee
and also the wholesale costs of the products. In most cases, the Drop
Shipper will require you to pay them a small deposit to signify your
commitment and to prevent fraud.
With the low startup costs for a virtual business, you can keep
trying different forms of business or different marketing methods
over the internet without losing a fortune on your efforts. You
can `lose little' over many unsuccessful endeavors, but
`win big' on the few business models which you get right.
Perhaps the most attractive aspect of an online business is the
ability to automate it and let it generate income on its own. This is
largely possible due to software to automate the business process,
like shopping cart software and email autoresponder software. Thus,
Drop Ship businesses can run 24/7 without you being present
physically to run it. Imagine having the freedom to do whatever you
want without being an `employee' for your business! All you
need to do is to get the basics of the business up and running, like
the website design and product catalogue. After which, you
consistently market your website over the internet to get a recurring
volume of traffic to your website. This will bring you recurring
sales and allow you to make a decent living over the internet. You
can repeat this process again and again with other markets of your
choice. In the long run, this will bring you multiple streams of
income. Online Drop Ship businesses are thus strong examples of
assets that generate passive income.
In conclusion, the e-commerce industry is still very promising
despite the dot-com bust a few years back. With the introduction of
Drop Shipping, the hassles of conducting a retail business over the
internet have been dramatically reduced. As the industry is still
relatively young, entrepreneurs should get in the e-commerce game
early to establish themselves as strong market players of the future.
----------------------------------------------------------------------
About the Author: Ray Yee is the founder and president of
Dropshipperscentral, a website which provides a wealth of informative
articles, tips and resources on everything you'll ever need to
know about setting up a Drop Ship Business and marketing it. Click
here:
http://www.dropshipperscentral.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
That's all for this time - thanks for reading!
To contact us, winning@esworldmarketing.com
Your success is our success!
(c) 2001-2005 ES World Marketing
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
=>> OUR MISSION
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
We, at The Winning AdVantage, are devoted to helping our subscribers
develop their marketing skills and promote their home-based Internet
marketing businesses and affiliate opportunities. This publication
features tips, techniques and how-to articles on such topics as ad copy
writing, finding good FRËË or inexpensive places to post ads, finding the
best available resources, and other issues related to making money on
the Internet. The Winning AdVantage eZine is dedicated to the
enhancement of your home-based Internet marketing business success.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
=>> Subscribe & Un-subscribe Instructions
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To subscribe or unsubscribe, visit our Web site at:
http://www.esworldmarketing.com/blog/ezine/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
***************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THE WINNING ADVANTAGE eZINE
Tuesday, May 3, 2005
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The Winning AdVantage eZine is dedicated to the enhancement of your
Home-based Internet Marketing Business Success.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Home-based Internet Marketing Business Success.
Published by Earl Savage
ES World Marketing
http://www.esworldmarketing.com/blog/ezine/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
In This Issue:
-----------------
1. Message from the Editor
2. Feature Article - "Using Drop Shipping for E-commerce"
by Ray Yee
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Dear Reader,
Thanks and WELCOME!
As always, I hope you'll enjoy and profit from reading "The Winning AdVantage".
Please feel free to post your comments at the bottom of this blog post. I am here
to help and welcome any help or advice you may offer.
Cordially yours,
Earl Savage, Publisher
The Winning AdVantage eZine
winning@esworldmarketing.com
P.S. If you like this ezine, please forward it to your friends, downline, upline, etc.
If you have ideas for improving it, please let me know. I'd love to hear from you.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
=>> Software Give-away
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~At my Software Give-away blog I am giving away software and ebooks.
The only "catch" is that we ask you to use the software and then tell me
what you think of it. How easy is that?
Yes, that's right! You get software and ebooks, at absolutely no cost to
you, to keep forever.
And that's not all; some of the software packages come with resell rights.
That means that you not only get FRËË software, you also get to sell it,
if you wish. All I ask is that you:
* Sign up for my rss feed (That's FRËË too!)
* Download the software
* Use the software
* Return to the blog and post your comments.
I will be posting new software regularly. So go now to:
http://software-give-away.blogspot.com/
and get all of the details.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
=>> Feature Article
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Using Drop Shipping for E-commerce
By Ray Yee
Thanks to the ubiquity of the internet, online virtual businesses
have become very popular business opportunities. Online retail stores
are gradually playing a more important role in our lives than the
traditional `brick-and-mortar' retail shops. Over the last
few years, a new concept called `Drop Shipping' has emerged
with the coming of the internet. Drop Shippers are basically
wholesalers who are willing to ship their products directly to your
customers. This article aims to provide readers with an introduction
to the current state of the E-commerce industry, Drop Shipping and
its benefits, and the promise it holds for the online retail
community.
Online Drop Ship businesses are now very popular home-based business
opportunities. According to a Forrester Inc. report, online retail
sales will grow at a 25% annual growth rate over the next five years.
Online retail sales will reach nearly $230 billion and account for
10% of total US retail sales by 2008. On Ebay, more than 430,000
people are making a full- or part-time living from the auction site.
Many of them use Drop Shippers to auction their products. Hence, with
such strong statistics, the internet entrepreneur can hope to start a
retail business now and still claim a portion of the ever-growing
market share.
The Drop Ship model offers many unique advantages over the Wholesale
model:
1) You do not have to spend a fortune on the huge inventory of
wholesale stocks before you start a retail business. This translates
into a very low business startup cost. There is no risk of purchasing
large quantities of stock, and finding that you cannot sell off your
goods because they have become obsolete among consumers. Therefore,
with the variety of products offered by your Drop Shipper, it becomes
feasible to test which products have a strong demand over the
internet without losing a fortune on each test.
2) Another prime advantage of a Drop Ship business is that there is
no need to worry about shipping your products to your customers. You
do not have to provide storage space for your goods, nor do you have
to incur warehouse costs. Your Drop Shipper will take care of all the
logistics and shipping of your Drop Ship business. In fact, most Drop
Shippers are willing to label their products with your company name
on it, so it will appear as if you are the one who shipped the
products to your customers. The shipping cost for each product is
also reduced, because your Drop Shipper can ship your products
directly to your customers. A higher profit margin is achieved
because of the reduction in unnecessary shipping costs.
3) Drop Shipping is also unique in that it allows you to `sell
high, then buy low', instead of `buy low, then sell
high'. Your risk involved in your retail business is dramatically
lowered as you get paid up front for your products, making a profit
on each sale.
4) There is no minimum quantity restriction on your orders. From your
website catalogue, you can sell as much of your products as you want,
and you can leave the indenting of stocks to your Drop Shipper. The
quantity of products which you can sell over your website is only
limited to your market demand, and your marketing efforts.
The process of setting up a Drop Ship business can be distilled into
a few simple steps. First, you do some research over the internet
over the niche market that you would like to target. Once, a strong
demand for your products has been established, you contact the Drop
Shipper of your choice and set up your business as the retailer of
the products you want to sell. Next, you design a website complete
with product catalogue and credit-card-accepting functions. The
product descriptions and images can be obtained from the Drop
Shipper, in most cases. After which, you need to drive large volumes
of traffic to your website through internet marketing. Some visitors
to your website will be converted to customers if they find your
offers attractive enough. They place orders at your website and they
pay you the retail prices, up front. You email the orders to your
Drop Shipper, who will ship the products to your customers directly.
Of course, the retail price will have to be marked up to include
shipping costs as well. Since the Drop Shipper charges you the
wholesale price for their products, the profit margin you earn is
simply the difference between the retail and wholesale price.
Internet businesses, in general, have also many strong advantages
over `brick-and-mortar' businesses. Startup costs are
generally very low, and this is well suited for those aspiring
entrepreneurs working on a shoestring budget. The costs for
conducting a Drop Ship business will be mainly software for setting
up and marketing your business. Some examples will include shopping
cart software, email marketing software, search engine promotion
software, and so on. Other costs would include the web-hosting fee
and also the wholesale costs of the products. In most cases, the Drop
Shipper will require you to pay them a small deposit to signify your
commitment and to prevent fraud.
With the low startup costs for a virtual business, you can keep
trying different forms of business or different marketing methods
over the internet without losing a fortune on your efforts. You
can `lose little' over many unsuccessful endeavors, but
`win big' on the few business models which you get right.
Perhaps the most attractive aspect of an online business is the
ability to automate it and let it generate income on its own. This is
largely possible due to software to automate the business process,
like shopping cart software and email autoresponder software. Thus,
Drop Ship businesses can run 24/7 without you being present
physically to run it. Imagine having the freedom to do whatever you
want without being an `employee' for your business! All you
need to do is to get the basics of the business up and running, like
the website design and product catalogue. After which, you
consistently market your website over the internet to get a recurring
volume of traffic to your website. This will bring you recurring
sales and allow you to make a decent living over the internet. You
can repeat this process again and again with other markets of your
choice. In the long run, this will bring you multiple streams of
income. Online Drop Ship businesses are thus strong examples of
assets that generate passive income.
In conclusion, the e-commerce industry is still very promising
despite the dot-com bust a few years back. With the introduction of
Drop Shipping, the hassles of conducting a retail business over the
internet have been dramatically reduced. As the industry is still
relatively young, entrepreneurs should get in the e-commerce game
early to establish themselves as strong market players of the future.
----------------------------------------------------------------------
About the Author: Ray Yee is the founder and president of
Dropshipperscentral, a website which provides a wealth of informative
articles, tips and resources on everything you'll ever need to
know about setting up a Drop Ship Business and marketing it. Click
here:
http://www.dropshipperscentral.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«»
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~That's all for this time - thanks for reading!
To contact us, winning@esworldmarketing.com
Your success is our success!
(c) 2001-2005 ES World Marketing
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
=>> OUR MISSION
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
We, at The Winning AdVantage, are devoted to helping our subscribers
develop their marketing skills and promote their home-based Internet
marketing businesses and affiliate opportunities. This publication
features tips, techniques and how-to articles on such topics as ad copy
writing, finding good FRËË or inexpensive places to post ads, finding the
best available resources, and other issues related to making money on
the Internet. The Winning AdVantage eZine is dedicated to the
enhancement of your home-based Internet marketing business success.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
=>> Subscribe & Un-subscribe Instructions
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To subscribe or unsubscribe, visit our Web site at:
http://www.esworldmarketing.com/blog/ezine/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»¥«¤»§«¤»
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
***************************************************************
Copyright 2001-2005 The Winning AdVantage Ezine All rights reserved
The Winning AdVantage is a publication of ES World Marketing.
The Winning AdVantage is a publication of ES World Marketing.
posted by The Winning AdVantage eZine at 5/03/2005 01:39:00 PM
0 Comments:
Post a Comment
<< Home