All language subtitles for 2. How Ebay Dropshipping Works--- [ FreeCourseWeb.com ] ---

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:01,530 --> 00:00:01,890 Okay. 2 00:00:01,900 --> 00:00:02,830 Why is eBay. 3 00:00:02,890 --> 00:00:09,880 Shipping jobs shipping is actually a concept where a buyer placed an order at your store and then you 4 00:00:09,880 --> 00:00:16,210 forward the order to your supplier and the supplier will actually ship the item directly to your customer. 5 00:00:16,210 --> 00:00:22,120 So in this model that there's no holding of any stocks or even jewelry. 6 00:00:22,150 --> 00:00:28,720 So the result is actually very low compared to traditional retail business and e-commerce where they 7 00:00:28,720 --> 00:00:35,980 actually buy stocks from China first and then actually sell them online or in a retail shop. 8 00:00:35,980 --> 00:00:42,070 This way they will be risk involved as you may not be able to sell the item has dropped shipping is 9 00:00:42,130 --> 00:00:44,440 actually a preferred model. 10 00:00:45,050 --> 00:00:46,750 There's not much risk involved. 11 00:00:46,750 --> 00:00:51,270 So this is just a simple illustration of how drop shipping works. 12 00:00:51,340 --> 00:00:51,860 Year. 13 00:00:51,890 --> 00:00:56,510 These are four things the buyer you your store and the supplier. 14 00:00:56,530 --> 00:01:00,670 So the buyer will come to your store and purchase the item. 15 00:01:00,730 --> 00:01:07,210 They will receive the order and then you follow the order to your supplier and the supplier will ship 16 00:01:07,210 --> 00:01:14,530 to your buyer or in between you actually take a cut of the profits or as an example if you sell the 17 00:01:14,530 --> 00:01:19,380 item one hundred dollars the supplier cost it dollars. 18 00:01:19,420 --> 00:01:26,230 You make a profit or twenty dollars but of course there will be fees a bath which I will talk more later 19 00:01:26,230 --> 00:01:28,570 in the morning module okay. 20 00:01:28,590 --> 00:01:35,350 So what are the pros and cons of Josh being firstly it is low cost. 21 00:01:35,350 --> 00:01:41,500 You actually do need capital to actually start this business compared to other traditional e-commerce 22 00:01:41,500 --> 00:01:42,190 business. 23 00:01:42,850 --> 00:01:44,920 Secondly it is easy to get started. 24 00:01:44,980 --> 00:01:52,520 Anyone can get start to it as long as you have Internet access and a PayPal account to receive payment. 25 00:01:52,750 --> 00:01:57,880 So literally anywhere in the world can start this business and at least has no risk since you do need 26 00:01:57,880 --> 00:02:00,670 to come up with any capital. 27 00:02:00,670 --> 00:02:08,530 So the risk is very low and that if you start a traditional e-commerce business or a retail store you 28 00:02:08,530 --> 00:02:10,200 will need to buy the goods in advance. 29 00:02:10,210 --> 00:02:15,070 So there is a reason of losing your money if you are unable to sell a product that's why Josh shipping 30 00:02:15,070 --> 00:02:16,900 is such a good business model. 31 00:02:18,930 --> 00:02:27,210 So for the cons you have usually lesser control because you can decide when to actually ship the item 32 00:02:28,520 --> 00:02:37,080 so in this case you are actually 100 percent reliant on your supplier and is very important to choose 33 00:02:37,110 --> 00:02:44,310 a good supplier which I will actually talk more than a little more do you ultimately choose a good supplier 34 00:02:44,800 --> 00:02:50,840 that are actually dropship friendly and also will ship to your customer on time. 3641

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