New Dropship question

You probably won't find dropshipped products for wholesale prices, I researched a fair amount of dropshippers and their prices were for the most part on par or above the prices on ebay and other auction sites. The dropshippers buy the products at wholesale and then mark it up, in the hopes that you can sell it for them.

Somebody in the forum may know of some, however, I do not.

I wish you well in your searches though

Another is get 3 or 4 friends and go to a trade show in Hong Kong and china.Buy light items,and small.You dont need to fill a 20FT container complete,you can go a few cubic meters less and wont loose money.If everyone pitches in you might be able to afford it.Also you can share containers with other importers,so you dont need to buy as much goods.If shipping to usa check which port is cheaper to ship to.Than figure out shipping to your destination by truck.It might be cheaper to have container shipped to NY if you live on east coast.But you can have it shipped to West coast have it shipped by train to Chicago,then by truck to your east coast location.Its all math.Get freight forwarder to handle both ends of deal.You dont want your products stuck at the port because paper work and other stuff not done correctly.People wait at ports for this to happen so thjey can buy your goods even cheaper to resell.

Hmm my friends are in the same boat I am. Need to start out somewhere tho!

Yep, everyone is looking to get a foot hold in the market for as little outlay as possible, but drop shipping can be a fools paradise. It promises everything you dream of, but in reality can end up delivering you nothing more than a waste of time and money!

It's true, some people make some cash out of it, you hear all sorts of stories as to how much, but the one thing that they usually have in common is that it took a very long time, in most cases years, to find the right product and the right supplier.

Secondhand is the best alternative, of course it means leaving the PC to source stock and a lot don't want to put that small effort in, but if you hit a few yard sales, a weekend market, a few thrift shops....and buy smart, you can take $50.00 and turn it into $100 easily, maybe more if you buy really well.

Not much of an outlay, and around a 100% margin is more than possible, I'm not aware of any drop ship item that can deliver a margin like that. Liquidation is another serious option you should consider, look at jimmy's loads, you can spend around the $200 mark to get rolling.

If you don't have that capital then team up with some friends, or even other Salehoo members to get started, plenty here in the same position as you, and looking for an opportunity to get started.

What's your location, and what sort of products are you most interested in sourcing?

I am new to this and running into the same problem most of you are. I think it is a load of crap that most of the wholesalers that they listed for us just happen to be powersellers. How the hell can we compete with the people we are buying from. Only thing I found that I can mark up was stress balls. Lol. I really don't see there being that much demand for them. You have a very good idea by getting together for a pallet shipment. Only problem is that you would be listing against each other. If we put our heads together I think we can work out something and become successful.

can you supply a link for jimmy's loads. couldn't find much. thx

A few different ways of doing it, I was part of the first investment group ever formed here on Salehoo, we ended up raising over $30,000, with over 30 members investing a minimum of 500 each.

It was called an investment group for a reason, we all didn't want to take products and then list against each other, driving the profits down, but we wanted to pool the money through one single distribution point.

That in essence was the start of jimmy's company, Link hidden: Login to view as it is today.

Jimmy took control of buying a truckload, selling off, with the idea of then turning some profit each, and rolling the rest into another load...and so on.

Not going to tell you that was an easy way of doing it, because none of us had any experience in the field, just ideas..and a lot of keen members to see new opportunities open up.

In my opinion, although we all made mistakes, the basic concept was solid, and in my opinion the best way to roll with a joint venture, especially quite a large one that involved members from all over the world.

If you guys just put a few local members together, then you have more flexible options open to you.

Wow found dirt cheap clothes. So I emailed her and shes considering dropshipping now that she knows what it is! I wonder who else would do it if they knew!