It isn't new but it can make you money. Dropshipping is when you find the provider of a product who is willing to deliver it to your customer with your company name on it. As with anything it comes with its ups and downs.
First you have to find a dropshipper who offers the types of product you want to offer in order to make money.
Second,Then you have to determine if the dropshipper is dependable and can deliver the product when its ordered. You want good service from your dropshipper because if they aren't then you are going to have very unhappy customers and they are going to be unhappy and complaint to you...not the dropshipper.
Third, you have to make sure that once you figure in your costs for advertising, your cost to the dropshipper for the product, your shipping fee to your customer and any dropship fee that is added, can you mark the product up enough to make a profit.
Making money using dropshipping services is a matter of finding the right company and going through the motions to see what will work for you.
Some product markets may not lend themselves to the use of dropshippers while others may be more profitable. If your goal is to make money then take the time to check the product markets. You'll want to find the most profitable market, preferrably with an afforable dropshipper.
Copyright 2008 Christopher Pearsall, Money Making Entrepreneur
