Here is a guest post about dropshipping written by Corry Cummings of dropshipstrategy dot com.
Each and every day there are more and more different scams and make money online schemes. For each one of these schemes that comes out each day, there are dozens of people falling for them. If you are going to take the time to learn how to make money online, then why not do it the right way? Why not take time to learn about something that will actually make you money? In this case, we are talking about Drop Shipping.
What is Drop Shipping?
Drop shipping is a simple, yet extremely effective way to make money online. It is when you are enabled to have access to millions of products at wholesale price that you can sell for any price you would like to sell it for. Well, at least for any price that people would be willing to pay. Once the product is sold, you will be able to purchase it with your drop ship company and they will ship the product to your customer. The drop ship company takes care of both the shipping and the packaging. All you have to do is sell the products.
Where to Sell your Products
The most common place to sell drop shipping products is on eBay. The only problem with this is that there are a plethora of other people just like you already selling pretty much every single product in existence. That makes it pretty tough to compete on eBay. Still, it is a great place to get started and get your feet wet. Another place you could try out would be Amazon, which is very similar to eBay. The absolute best place however, is to sell on your own website. That is – if you do it the right way.
Bringing in the Money
As easy as this may seem, it is a lot of hard work to make money with drop shipping. You can make a lot of money doing it, but it does not happen over night. In order to truly make some good money with drop shipping, you must do it the right way. The right way means that you are not trying to sell anything and everything under the sun. You must stick to a very specific niche and build a website around it. It is much easier to specialize in a specific niche than to try and be the Walmart of the Internet.
As an individual who has done a lot of dropshipping myself, I can say from experience that there is a lot of opportunity. I have failed a lot with drop shipping before I have succeeded. The amount of money that you can make varies, depending on how much work you are willing to put in. There are many dropshippers who make $50K+ per month using some of the techniques taught at Drop Ship Strategy. Then again, there are much more making a few thousand dollars per month.
It all starts with finding the proper Drop Ship Company and it ends with staying patient and working hard. The key is to build several websites that are all built around specific niches. You can then specialize in those specific niches, which are less competitive. Over time, all of that will add up and you will be able to make a substantial amount of money. You may not make millions and you may not make much off of one specific site, but if you work at it – you will make money. Honest, hard earned money. If you are looking for techniques to make money over night and become an Internet millionaire with no work, then drop shipping is not for you. If you are ready to work hard and make things happen – then you are in for a treat.