Drop Shipping Increases Profits


 Drop Shipping Increases Profits

You already know how to sell your own products online, so why not make a little extra money by selling someone else's product? By drop shipping something back and forth between two or more people, you don't have to worry about inventory or storing it. You can also negotiate discounts for your buyers.

As long as you find a vendor that carries the product you need in stock and creates affordable pricing for both buyers, you should be able to experience increased profits from this business venture.

The risk of loss is low and the profit potential is high. According to the United States Department of Commerce, American business lost $41.3 billion in 2011 from fraudulent charges made by overseas buyers on their credit cards. The rate has been increasing since 2008, as well.

Many sellers have lost money to overseas buyers who buy an item, receive it, use it for a period of time and then claim that it is non-working or non-existent and request a refund. This is what is known as e-fraud or chargeback fraud (a chargeback occurs when a buyer disputes a charge with his or her credit card company).

Drop shipping allows you to avoid this loss entirely.

The process for drop shipping is actually quite simple:

You find a vendor who carries the product you want to sell, and buys it from them. They ship the item directly to the customer. You pay the merchant a small fee for this service and earn a profit from the markup you charge your customer.

Step 1: Buy From a Merchant Vouchercloud provides hundreds of merchants with verified special offers, enabling you to get exceptional prices while still getting high quality products. You can compare prices and even see pictures of all products available before making your purchase. This way you never have to deal with e-fraud again! Start saving your hard earned money by buying online through us at www.vouchercloud.com!

Step 2: Sell to Your Customer This is the part where you earn your money. You can decide how much to charge your customer based on the amount of profit you are looking for. For example, if you bought the product for $20 and want to make $9 per item, then your customer will pay $29. Keep in mind that this markup happens before any taxes are accounted for. When it comes time to do business with a merchant, you'll have to find out what he or she offers in terms of discounts. Some merchants will give you a flat percentage off the entire purchase, while others may require you to buy a certain amount before they will offer you an actual discount. They may even offer to list the product on your e-commerce site for free if you will list their item on your site as well. You can negotiate this with various merchants before making any purchases. In the end, though, price is not the only thing to worry about when it comes to selling a product. Other things include shipping speed and customer service. Speed is very important because customers are used to instant gratification due to services like Amazon Prime. It is critical that your shipping times be in line with this expectation if you want any happy customers and repeat business. Customer service is also important, especially with e-commerce. You want to ensure that your customer is not unhappy with the product or that you did not send it. This can lead to negative reviews and a lack of repeat orders.

Drop Shipping With Vouchercloud

Vouchercloud has been helping customers like you drop ship products since 2010, making them experts in the world of online shopping and their drop shipping business. Vouchercloud offers an easy way for you to find trustworthy and reputable suppliers. They work with thousands of vendors in all different types of categories so you will be able to find exactly what you are looking for without needing to sift through tons of webpages.

With Vouchercloud, you can drop ship anything from electronics, to clothing, to furniture. They offer a wide variety of price points and there is a shopping cart included with each order. It is well worth it to purchase through the Vouchercloud service because they have an extremely low cancellation rate and very friendly customer service.

So what are you waiting for? We are ready and waiting for your business! Click on the banner below to learn more about how we can help you with your e-commerce needs.

The Risk of Loss is Low and the Profit Potential is High [ARTICLE END]

Tags: drop shipping, e-commerce, drop shipping business, promotional products, Electronics, Computer Parts & Accessories, Clothing Accessories & Fashion Jewelry, Computers & Accessories (Computers), Baby Gear and Furniture.

This article was originally published at: http://www.vouchercloud.com/drop-shipping/drop-shipping-networks/10/drop-shipping-increases-profits/.

Author Bio: Matt Sheehan is the President at Vouchercloud.com, a global website that provides coupons and deals to people in over 180 countries. Vouchercloud also offers a drop shipping service that helps save time, eliminate hassle, and increase profits.

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This article was originally published at: http://www.vouchercloud.com/start-an-e-commerce-business/e-commerce/planset/.

Author Bio: Matt Sheehan is the President at Vouchercloud.com, a global website that provides coupons and deals to people in over 180 countries. Vouchercloud also offers a drop shipping service that helps save time, eliminate hassle, and increase profits.

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