About the opportunities that eBay and Amazon present you.
eBay and Amazon present you the opportunity to make a significant passive income without costing you either a lot of time or money.
And you can do it without having to either have a web site or inventory.
eBay an Amazon bring you the customers. Your job is to get product delivered.
As it is with anything, it is best to focus. So when starting, it is best that you choose one of the two marketplaces and learn it well.
The web is loaded with free information, tips, hints and whatever related to selling on these marketplaces.
You can also take courses. They run as much as $1,500. Some, of course, are less. But they cost.
There is no need to spend that kind of money. More on that below.
You want to use drop shipping so that you do not have to invest in inventory and you do not have to get involved in shipping.
But proceed with caution when using suppliers that you find there. You will find some horror stories on selling forums. Milton, in “Paradise Lost” said, “Fools rush in where angels fear to tread.” So, if you dare to tread, tread carefully.
Supplier verification is important. So look for a source of verified suppliers.
Trade shows are a good place to find suppliers. But that can be time consuming and limited in scope. If you have the time, do attend trade shows.
Alternatively, use a wholesale directory. There are some good ones available.
Directories save you time.
For example, The World Wide Brands wholesale directory lists thousands of verified suppliers. It has been an industry standard for years.
There is an added benefit to having that directory. There are in depth tutorials that cover all aspects of drop shipping and selling on the marketplaces. You can read about it here. Worldwide Brands
In any case, do seriously consider creating a passive income by selling on Amazon or eBay.
Here is hope that we have helped. If you have any questions, contact us.