START HERE – 3 Easy Steps to Start a Drop Shipping Store on eBay
Did you know that you can build an online business running a drop shipping store on eBay? There are other ways to make money online besides selling t-shirts on Shopify or selling products through a Multi-Level Marketing business. (there is nothing wrong with either, however not many people feel comfortable with this business model).
I know this, because I have been there myself.
When I gave birth to my son, Ariyan, I decided not to return to the corporate world and stay at home with him. Not only that, I also wanted to completely change my lifestyle, so I moved to Playa del Carmen Mexico, embarking on a challenging yet fantastic journey of development.
On January 2016, I started a Drop Shipping Business on eBay and made $240k in sales in the first year.
I always wanted to run a business that is location independent, OUTSIDE and on my own schedule. I work longer hours than I did at a corporate job, but I work on my own terms. I love the unknown of the journey, its challenges, its accomplishments and surprises along the way. I work to achieve freedom of choice and I wish nothing more for everyone than to feel inspired to do the same.
I created this website to share my experience and help inspire those who want to start their own online business. I am here to offer you another option, where you can open and run a profitable online store that doesn’t have to rely on selling products you truly don’t believe in to your friends and family (again, nothing wrong with that).
Today, you can start a fully featured eBay store for under 10 bucks and not have to carry any inventory at all. This business model offers you the opportunity to product source (dropship) and sell your items globally on eBay with low overhead, startup costs, little experience and technical eCommerce knowledge. As well, this business is completely location independent and can be done from anywhere in the world.
If you are interested in learning more about what I do and starting your own Drop Shipping business, read below to find out the 3 steps that will teach you to run a successful online store. You can do this ethically and with a real purpose to your customers and yourself.
So what the heck is Drop Shipping?
Drop Shipping or Product Sourcing as eBay calls it, is fulfillment business model where your eBay store does not own physical inventory of you are selling. Instead, you are providing a service of promoting and selling the goods on your own store (eBay). Once you receive an order, you are responsible to place it with your source for them to pick, pack and fulfill.
The profit you make is the difference between what you charge your customers on your website and what the drop shipping company charges you, minus the eBay and PayPal fees. Drop Shipping is allowed on eBay as long as you will fulfill your orders within 30-days from the sale. You can find out more information here: eBay Product Sourcing Details
There are a lot of strategies, technicalities and ways of getting more sales, ranking your store, optimizing your listings, etc However, the absolutely most important thing you have to focus on is your customer service.
Enough with the chit-chat…
Here are the 3 Easy Steps that you can take to start your own online drop shipping service:
Step 1: Learn The Basics Of How To Start Your eBay Drop Shipping Online Business
Sign up for David Vu’s eBay Drop Shipping with No Inventory Guide – Work From Home
Go over it couple of times, take copious notes and follow the system as instructed. Udemy offers a full refund of your money back within 30 days if you are not satisfied with the course. The course runs for $10 (you can find these coupons if you google for them and it is absolutely worth the money. The course walks you through setting up your eBay store, how to optimize your listings, place orders, handle your customer service, etc. You will learn exactly how to work from home purely selling and drop shipping on eBay.
As you can see, if you work hard and apply the principles of the course along with your intuition, you can definitely achieve success.
You can also check my monthly income reports here
Step 2: Read The Discussion Boards – Connect With the Community
The course includes a Discussion Board where you can ask your questions and get FREE advice from successful drop shippers. Spend time and research the boards and read as much as you can possibly can, because there is a lot of information that is not part of the course. Some of that useful information includes: international (abroad) setup, VA work, customer service issues, international payment methods and so on.
If you want professional results, you have to treat it like a real professional business. Invest the same amount of time and mental energy as if you were working a full time job or if you were to open a physical brick and mortar store and you will be successful. Create a business flow that you can follow daily. Listing your items, responding to customer service inquiries or concerns, working with your sources, placing orders, adding tracking numbers is what the drop shipping service is about. This is a real business and you have to respect it accordingly!
Step 3: Are you stuck? Are you doing this abroad? Do you want to cut down the learning curve and ready to take the business to the next level? Join the community!
Starting something new and so different can be overwhelming. The power of google is real, but it can also cause a lot of stress trying to find out the right answers. It can also be very challenging to switch from working full time to running your own business, because you have to also work on your mindset along with your business. Defining your WHY is one if not the most important aspect of starting your own gig. Defining your intentions clearly when running an online business is essential to success. What do you want out of this business? Why do you want to run an online business? Have an ethical reason behind it and align yourself with the right people to help put you in the best position to succeed.
Growing a business is extremely hard, it takes dedication, long hours and persistence. There are several factors that contribute to a long-term success in this business (or any business for that matter). You have to:
- Know your WHY
- Stay committed to your journey
- Be persistent and don’t give up
- Enjoy the process
- Practice gratitude
I made a video that specifically goes over these 5 Factors, you can check it out here:
Alternatively, I offer coaching services as well as a mentorship program based on your level of commitment to this business. Once you know the fundamentals of running your eBay store, I focus on creating a personalized strategy plan to define your profit clarity and purpose. You might initially want to start this business to make money, but you have to think long term. You want to use this business as a force for good, as a vehicle to inspire and help people.
Let's Crush It!
Throughout your journey, you will hear that opening and running an online business is a marathon and NOT a sprint.
Rushing the process and looking to apply all the tools to your business hoping to get rich quick will sadly disappoint you and set you up for failure. Work on each aspect of your business gradually, improve your customer service and store brand slowly so your business will be authentic and on a steady slow growth over time.
Happy Selling! 🙂