Survival in the modern world

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Online Business Ideas – Drop Shipping

Posted by okmusa on November 17, 2008

If you are like a lot of people in today’s economy, you are looking for ways to make extra money and are looking at the internet to help you with that. You know there’s got to be ways to make money because others are doing it, but you don’t know where to start.

Research shows that more people are turning to the internet for product research, product and store comparisons, and purchasing the item they want. Even though, for now at least, fuel prices are coming down, people still tend to use the convenience of the internet for their shopping.

Opening a store, even an online store, typically requires inventory, but most of us don’t have the capital to put up a large inventory. Face it, the reason we are wanting to open a store is to make some money. To help people in this position, companies are offering drop shipping services to entrepreneurs.

Basically, it works like this. You create your on-line store showing the products you want to sell. You can either create your own website and domain name, or for a small fee, the supplier will usually offer this service for you. You will have a professional-looking website for a nominal price. Your customer purchases from you and your order the product from your supplier to be shipped directly to your customer. It costs a little to get started, but nothing like purchasing and holding inventory.

As your store profits more, you can make the decision to stock your big sellers for faster turnaround. You can also open a kiosk at the mall with your inventory, or sell in flea markets.

For information on drop ship selling, please see the Home Online Business Guide.

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