How to Make Serious Money with Dropshipping

I'm new to the drop shipping world. As a matter of fact this is my first full day looking for a supplier. From the few I looked at in the past 11 hours, I'm wondering if there is serious money to be made buying from some of these drop shippers. I spent an awful long time trying to find some products to place on my website to make some money. Most of the suppliers outside of the USA don't understand the American culture and assume delivery in 14-21 days is great service. The ones in America want you to work for them for "Sla... wages" not much of a margin and almost always much more expensive than Amazon.com. I don't know how many people use Link hidden: Login to view. They have some decent products at reasonable prices but I just don't understand their shipping rates. E.G. Tights with a cost of $10.00, an RRP of $26.00 and shipping of $15.99.
How can they sell a product for $3.00 and charge $9.99 to ship?

Some advise finding a good drop shipper would be greatly appreciated.
Robin

Hi Robin,

Dropshipping has its advantages, but price certainly isn't one of them. Maybe this post might give you some different ideas on working it to your advantage.

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Thanks Mark,
That is certainly good advise. I'll use it to my advantage.

Robin

Welcome Robin, let us know how it all goes for you.

Cheers

" Bundling technique
Minimum 3 things , maximum 5. With 5 items, you may find that you can make margin on 2, possibly 3
What you can then do is add complimenting items such as ear rings, bracelet and so on.
The idea being, that you are making your margin on the ring only, then selling the other bundled options at cost."

Hi Robin, I think you might learn something from Mark.
That's expressive and useful.

I might quote some other members word on the comment.
"You cannot sell your item for $300.00 when someone else is selling it for $100.00 but if your price is slightly higher but your terms and your shipping are better and your store looks more impressive then you stand a good chance of making that sale."

I'm not gonna do an advertisement about Banggood in this Post.
But If you ever notice why banggood is good, please contact me .

Thanks again, Mark.