Earn over a $100,000 yearly by drop shipping.

in #money6 years ago (edited)

abundance-banknotes-bills-545064.jpgI will explain what drop shipping is further in this blog but what you need to know is that you don't need any money to start. Drop shipping is basically a business that millions of people do for a living. I have a friend who does drop shipping, if you do not know what drop shipping is I recommend that you should do some research on it. If you want to learn a lot about it and understand it easily I recommend going to this channel https://www.youtube.com/channel/UC3gpg9NFf3buGlX0E_gTqJQ I have learned a lot from him and a lot of people have used his tips and made thousands as students. He does livestreams daily and you can ask him any question you want. What drop shipping is a method that you can sell items and make profit from them without spending a penny. First what you need to do is experiment with a couple of products and see what sells well. The way to find those products is to find another platform that has fast shipping and has cheap prices like Walmart or Amazon. You then list the item on eBay, you can use the same title, description and images. When a customer buys an item you go to Walmart or Amazon or whatever platform or store you want to buy from and you use the money they gave you to buy it and put in their shipping information. I recommend that you try to get a 10% profit margin. Also try to list 5 items minimum daily on eBay to get a lot of sales going. This method has worked for a lot of people and you can research it if you want.

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The biggest problem in dropshipping is being able to generate the amount of traffic necessary to convert traffic into sales

Well eBay is a huge platform and if you find the right product that has high enough margin and can sell a lot then you would make good money. You can also promote your products on ebay by paying a certain % and that will bring high traffic depending on the product.