DROP SHIPPING DONE THE SMARTEST WAY

Drop shipping is another way to make money online. In case you don't know what drop shipping is, let me explain. In simple words you sell someone's product at whatever price you want and you don't worry about shipping the product or even having the product on hand. Let's say "Warehouse A" sells electronics, xbox 360 to be exact. They sell the xbox at a discount price of $100 and its really worth $180 and you promote the xbox online and sell it for $160 now you made a profit of $60. So once you receive payment from the customer what you do is order the xbox from Warehouse A for $100 and you keep the additional $60. When you place the order you use the customer's information so they can ship it directly to the customer. That's it!

I know sounds to simple right? Well that part could be simple what's the hard part is finding someone you can work with (A Drop Shipping Company). In my opinion the easiest and safest way to approach this method of making money online is dealing with companies personally not online. For example, I am from L.A and here there are tons of warehouses that sell numerous things from furniture, clothes, electronics you name it you'll find a warehouse here that distributes. Well a lot of these companies are willing to drop ship there products for you but a lot of suppliers here in L.A ask for a Tax Id as a requirement to submit payment to you for accounting purposes. Now each state might be different so thats something you might want to look at. Having a Tax ID actually isn't a bad thing because you can go to trade shows and meet hundreds of suppliers which you can do business with which everything you get at a discount. There is still to much to know about drop shipping. I figured I tried to cover the basics in a nut shell.

If you have any questions feel free to ask...

Santiago C.