Wednesday, January 03, 2007

Secret of Drop Shipping Business Success by Leon Lioe

Drop Shipping is one of the most successful and popular business models for online entrepeneurs. Because the internet is a very powerful promotional tool to reach millions of potential customers quickly. With the right solution, drop shipping can be your most profitable internet business.

Drop shipping is a lot like the affiliate business where you don't need to worry about shipment of goods to the customers. Your job is to promote the products. When a customer buys, the wholesaler will ship the product to your customer and you get the commission. As you can see, you act as a communicator between your customer and the merchant.

Perhaps the most critical step to success for a drop shipping business is Product Sourcing. This is the important process where you find your legitimate wholesalers and products to sell.

Your challenge is to source products that people want to buy. How do you do that?

The answer is "research". While the answer is very simple, the actual work is not. Research will take a lot of your time and cost money. In order to succeed in drop shipping business, you need to do extensive market reseach.

You need to do research in two areas:

1. The companies or wholesalers you want to represent.

2. The products you want to promote.

When looking for wholesalers, beware of scam artists and middlemen. You must bypass all the middlemen and deal directly with the wholesalers. Many middlemen are out there to con people money (they charge you monthly fee) and provide you with a list of lousy wholesalers and products.

Most of us may not have the time and resources required to do extensive market research. Therefore you need to find a reliable market research provider who you can trust. The one who have done extensive market research and have updated database of legitimate wholesalers and high quality products. One such provider I trust is called Onesource.

Onesource is eBay certified solution provider. They have spent 7 years in researching all the best wholesalers in the world. Their database is extensive and up to date. They provide built-in and instant market information on product analysis, demand research, competition research, advertising research, pricing research and many more.

You can access all these information online. And they don't charge you monthly fee. You only pay the one time fee for a lifetime membership.

Click here to find out more info about onesource and download the free ebook "starting your internet business right".

About the Author

Leon is an Infopreneur dedicated to sharing his online discoveries across the net. You can visit his site at... http://www.ebiz-quadrant.com

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