Dropshipping is an engaging business as it allows you to sell products online and not worry about products stocks. However, with outsourcing or working in cooperation with a supplier you remain in charge of storage and shipping. If you want to begin a successful dropshipping business, then Dropship from Walmart to eBay may bring great economic benefits to you. In this article, you will get to know how to dropship products from the Walmart store and sell them on the eBay platform.
Define Dropshipping:
Dropshipping is a system of selling merchandise where you the seller do not own the merchandise sold or even handle the shipping. Instead, the business model is rather different and every time you make a sale you purchase it from the third party for instance Walmart and then deliver it to the customer. This translates to the fact that running such an enterprise is not burdened with playing off between stockpiling and delivery of goods.
Advantages of Dropship from Walmart Products to eBay:
Low Initial Investment: It does not require you to buy the required inventory and thus reduces the chance and capital you have to invest when starting a business.
Wide Product Selection: The transactions of Walmart involve a variety of products and services, so you can focus on the category or niche of products which has high sales.
Simplified Operations: It is convenient in the sense that Walmart deals with the shipping and delivery which leaves you with sales and customer relations responsibility.
A Guide to Dropship from Walmart to eBay : A Step by Step Process
Choose your niche:
Identify Market Demand: The first step is to know which products are hot on eBay to know which ones to focus on. There is also eBay’s Trending List, or you can use Terapeak to identify the most selling items.
Analyze Competition: One needs to take a look at what other similar people are selling on the site actually offer. Thus, you will be able to get an idea of the price range, various offering of products, and what customers prefer.
Select Your Niche: Select a subject area that you are interested in, and also one which has a good market demand but not over populated by other service providers.
Create your eBay seller account:
Create an eBay Account: If you have not yet created one, register to become an eBay member at eBay registration centre.
Register as a Seller: When your account is ready, log in to the Seller Hub and select “Start Selling” in order to build a seller profile. There are few fields that you must fill including your personal details and payment method.
Understand eBay Fees: Be aware of different fees which eBay charges such as the listing fee, final value fee and the transaction fee charged by PayPal for using their services.
Find Products on Walmart:
Browse Walmart’s Website: In short, visit Walmart official website and browse around. One must search for products that fit well in the selected niche category.
Check Product Details: When choosing the products, it is important that they have good reviews, that they are available and that their prices are reasonable.
Use a Price Comparison Tool: There are other tools today such as the PriceYak or AutoDS that can be used to easily match Walmart price with eBay price.
List Products on eBay:
Create Product Listings: Log in to eBay at the seller’s hub and click on the ‘Sell an item’ tab and enter the listing information such as the title, description and media. Ensure that your listing is easily searchable with right keywords.
Set Your Pricing: Find out a price that will enable the seller to recover the eBay fees, Walmart’s price, and still make profit out of the deal. Make sure that your price is reasonable affordable enough to attract a lot of customers while at the same time being expensive enough to indicate the value it comes with.
Write an Engaging Description: This also calls for writing of crisp, concise, and coherent product description. Give emphasis on the advantages and characteristics to give and include high quality image.
Manage Order and Customer Services:
Monitor Your Listings: Ebay orders should be checked on a frequent basis to look for new orders. Whenever you get an order, you are required to buy the item either from Walmart.
Place Orders with Walmart: Purchase the item on Walmart and use the customer’s delivery address for the same. This way, the organization will deliver the products to your customer through Walmart.
Handle Customer Service: Follow up customers’ enquires diligently. Always respond professionally to all the relations you have to deal with to avoid getting a bad reputation.
Optimize Your Dropshipping Business:
Analyze Sales Data: This will help in not only tracking of sales but also in a fashion where one can be able to see trends that are associated with the sales. From this data, you can be able to make correct decisions when it comes to which products to list.
Adjust Your Strategy: As it is seen in the paragraphs above, refine your strategies of choosing your products, pricing and marketing in an attempt to enhance your sales results.
Stay Updated: Walmart and eBay must monitor and update their policies periodically to compete with other retailers and businesspeople as well as to observe existing tendencies.
Conclusion:
Selling on eBay and purchasing products for dropship from Walmart to eBay is one of the choices suitable for a beginner who wants to start in e-commerce and does not have a ready capital. Therefore, choosing your products wisely, enhancing your eBay listings and providing good customer service will help develop a thriving drop shipping business. Just remember the important fact that, ‘the secret to success is to be informed and then to be nimble and then to keep learning.
FAQs of Dropship from Walmart to eBay:
1. Is Dropship from Walmart to eBay legal?
Yes it is legal to Dropship from Walmart to eBay only if one will follow the rules and regulation of not only Walmart business but also eBay business as well. It is very important to ensure that you stick to set regulations to avoid any problems.
2. What do I do if the customers want their products back?
You are also in charge of returns and refunds. Depending on a customer’s request, you will have to go through the process of return on eBay and oversee the shipment back to Walmart if any.
3. May I know if thru free shipping at Walmart, it can also be used for eBay selling?
Yes, if Walmart price matches their price, for example they can offer free shipping on some products, one can match this strategy on eBay.
