Created by the owner and business coach of SupremeCommerce dropship training and digital ad education, this blog is all things home-based business, dropshipping and online marketing. Resources for entrepreneurs in any field.
We teach our students dropshipping whether it with Amazon, Shopify or eBay. Everything is taught step by step. However, here are some great tips when it comes to dropshipping if you're new at it.
1. FIND THE RIGHT SUPPLIER FOR YOUR PRODUCTS.
Any products that you want to sell, make sure you're getting them from a reputable supplier. While you're looking for a good supplier that works for you, you can also look at the prices that have a lower cost. Lower cost on the item you want to sell equals higher profit margins for yourself.
2. AVOID UNDER-PRICING YOUR PRODUCTS.
When customers are shopping around, they want to purchase items that have a great perceived value. By pricing your items at a good value, you will attract customers to your business. If you have under-priced items, customers may think that item isn't of great value or "cheap".
3. CREATE AN AMAZING OFFER.
Customers love receiving some type of offer. When creating an offer, it doesn't need to be something completely...
A continuation of last week's video blog of BRAND building with dropshipping and not doing FBA.
You don't have to purchase any items upfront- it's VERY low risk, and you only place an order AFTER you make a sale. However, if the item starts selling consistently and it's proven then you can make the executive decision if you'd like to start FBA.
Keep in mind before you start FBA also consider the margins before jumping the gun.
Make sure to watch part 1 if you haven't already!
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You're able to build a brand without having to do FBA. FBA is capital intensive if you're sourcing your own products. Dropshipping is less capital intensive, and you can prove validity and get a product to sell without ordering 500 or 1000 units and spending money upfront.
Once a product is proven and is consistently selling you can send it to FBA. However, before you do, you also want to take a look at if it's worth sending to FBA based off if the margins are higher than dropshipping.
Over 90% of Amazon sellers don't do this. This video goes in depth with all that great knowledge.
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In this video, it covers how to sell on Amazon Canada, which is the same methodology used to sell on Amazon US.
Some topics that being covered are:
This is great video to give you an extra push to help you succeed in your eCommerce business, or just to gain a better understanding.
Want to learn more from Kevin in regards to eCommerce business?
Check out his YouTube channel here:
Deciding to take the plunge and start your eCommerce business? That’s great, we’re here to help you with every step of the way. Are you deciding between Amazon or eBay? Don’t worry, we’ve got you covered. We’ll break it down for you with Amazon versus eBay.
eBay in general typically has lower fees than most Amazon categories – but Amazon categories such as electronics have lower fees. eBay charges 10% final value fee (FVF), while Amazon charges 15%. eBay charges a PayPal fee (2.9% of the sale price plus a flat rate of $0.30), whereas Amazon does not. eBay sellers keep an average of 5.13% more of their profits than if they sold on Amazon. However, Amazon is 10x bigger than eBay – which means it’s a more suitable platform to scale your business HUGE!
Amazon has 100s of millions of customers, whereas eBay has 10s of millions of customers. Amazon is easier to list on pre-existing products, and eBay is...