I have a dropshipping arrangement with a high-end watch designer based in New York City. I sell the watches on WindingWay.com and don't even advertise the site, yet the watches sell well.
When someone orders a watch, I (or more often, my assistant, Joel) forwards the order to the manufacturer, who sends it to the customer.
The whole process is SO simple. It's some of the easiest money I've ever made.
To learn how dropshipping works in detail, read our next article "<Dropship Your Way To Ebusiness Success" by my friend, Tim Knox, an absolute expert in the dropshipping arena.
He wrote the article, "Dropship Your Way To Ebusiness Success" in response to this question:
I would like to start my own eBay business, but I really don't want to invest in a ton of inventory until I can get a better handle on what might or might not sell. I read another column you wrote about dropshipping, but I'm still a little fuzzy on how the whole process works. Do you think using dropshipping is a good way to start an eBay business and if so, how do I get started? -- Candace M.
Small Business Q&A is written by veteran entrepreneur and syndicated columnist, Tim Knox. Tim serves as the president and CEO of three successful technology companies and is the founder of
DropShipWholesale.net, an online organization dedicated to the success of online and eBay entrepreneurs.