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  Finding The Best Drop Shipping Product  
 
Before you tie up with any drop shipper, you will need to thoroughly study the market so that you can get orders as soon as you put your products on display in your virtual showcase. The difficult part is to find out, which items will sell fast and provide you with a high margin. Very few people can catch this pulse of the selling process but once they do so, it can result in huge earnings. Here are some ways of catching that elusive product range.

You will first need to identify products, where there is a high demand but which are difficult to procure online and which are not easily available in any brick and mortar stores. Once you have identified those products, you will then have to search for a suitable drop shipper who is storing those products. You can also directly check out manufacturers who could be manufacturing those products. Once you do so, you can get in touch with those manufacturers and ask them for their wholesalers or drop shipper’s contact numbers and email addresses. This information can then be used to contact them and get your prices and availability of those products. Based on that information you could then quote your prices and post those products on eBay or any other site or even on your own Website. If your calculations, pricing and timing are right then you should start receiving orders and you should get those orders executed by your drop shipper as soon as possible before other online dealers start catching up with you. Once other dealers enter the fray, you can expect the rates of those products to come down drastically and it means that you should now get out of the market and start the whole ‘searching for new products’ cycle again. Since the needs of customers keep changing very fast, you will have to remain alert to your competitors moves and know when to enter or exit the market with certain products. The product on which you make good money will keep on changing and it is this jugglery of catching the right product at the right time, which will get you good profits.

Your drop shipper should also be efficient in his deliveries to your customers. His pricing should be right since you will be adding your profit margin on his products, and if he tries to take undue advantage by pricing his products high, then you could lose out in the face of severe competition. If finance is not a problem, then you could take a calculated risk and lift off products, which are being offered at special discounted rates by your drop shipper. That move could fetch you very high margins. However, if planned poorly, it could also result in dead stock in case of poor sales.

So, it is not a concept of finding a single product, which will sell well and give you handsome returns but it is finding the right product at ‘that right time’, which will pull your online business towards success.





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