How does Drop Shipping with eBay Works?
Here is a detailed guide on how to go about drop shipping with eBay.
How to Drop Shipping with eBay?
Like other platforms, you will be using a basic drop shipping model. This entails listing your items, marketing and selling so the supplier delivers them. Notably, eBay does not allow you to buy from other retailers and sell on their platform.
What are the Pros & Cons of Drop Shipping on eBay?
Drop shipping with eBay comes with its own set of advantages and disadvantages. Considering this, here is what you need to know;
- It is easy to start and run your business on eBay.
- Get access to their large customer base.
- You incur less marketing costs.
- Enjoy free customers trust since people already trust shopping on eBay.
- You incur listing fees which consequently reduce your profits.
- Have no control on how and when the products are shipped.
- You may have to deal with selling items that have run out of stock without your knowledge
- The eBay business model doesn’t allow you to have a long term connection with buyers.
How to Set up Your eBay Seller Account?
Creating your eBay account is easy. First of all, you will need to have a registered payment method such as PayPal. Secondly, you should visit eBay’s Seller Information Center which has loads of resources to guide you.
By doing this, you will be able to fill all details required to have your account ready. It is important to note that eBay seller fees apply if you have hundreds of listings.
What eBay Fees Should You be Aware of?
Knowing what you are required to pay helps you to prepare in advance and to predict the amount of profit you are likely to make. That said, here are some of the fees you should expect;
This is the amount of money you pay for listing a product for sale. While the fee varies depending on the section you choose to list your product, it is non-refundable.
Final Value Fee
Fee that eBay charges you after you sell your product. It is dependent on the final selling price of the item. That said,it does not apply when the item does not sell.
Optional Listing Upgrade Fee
The fee applies when you use extra features provided by eBay to make your listing more visible on search engines. For example, you may choose to list your product under various categories; you should therefore expect to pay extra.
How to Find a Supplier for Drop shipping with eBay?
To find quality and reliable suppliers, you need to get wholesalers directories which provide legitimate suppliers lists.
Once you are satisfied with your supplier choice, contact them and reach an agreement to start your business.
How to Decide What to Sell on eBay?
Identifying products that are high in demand will be key to your success on eBay. To do this, check the products trending on eBay and other major online retailers.
Equally important, you can use the “Completed listings only” tool on eBay as it shows products that sell more.
How to Create Product Listings on eBay?
Creating product listings is easy, just use the “List an item” tool and fill all information needed which includes;
- Descriptions and images
- Prices and Shipping costs
- Type of listings
How to Manage & Market Your Listings?
eBay comes with the option of promoted listings. This enables your product to gain more visibility to numerous buyers searching for similar products globally. There’s more; you only pay for the service once your product sells.
So, you can beef up your efforts by fulfilling orders early, re listing out of stock products. Providing good customer service and finally using keywords to optimize your listings.
The Bottom Line
So with the above information at your fingertips, you are good to start Drop shipping with eBay.