If You Own A Quickdrop Ebay Drop Store Franchise What Will You Do Now?

QuikDrop Says Goodbye…

In an article written by Ina Steiner of AuctionBytes.com this morning, it is reported that QuikDrop, one of America’s largest drop off eBay store franchises, is closing up franchise sales and support operations by the end of this month. The current franchisees (store owners) are free to continue store operations but will do so without corporate franchise support or software.

…at least one storeowner was worried over QuikDrop’s notice that it would cease offering the stores use of its proprietary software program on December 31. Bob Golub, owner of a Massachusetts QuikDrop franchise store, said he wasn’t surprised at news of the closure, but is worried about finding replacement software and learning a new program in such a short period of time. “We’re all scrambling,” Golub said. Excerpt by: Ina Steiner AuctionBytes.com

If you own a QuickDrop franchise what will you do?

Will you move on and continue with operations with newer and even better software provided by a third party like AuctionLogic (powered by AuctionSound)? Or will you try to run your consignment operations with eBay’s Turbo-Lister?

Services are available such as AccountingLogic which will help you convert your data from your existing software or bookkeeping software and import that data into your new listing software. Learning more modern web based consignment listing software suites is not nearly as difficult as QuickDrop store owners might imagine. Training is available through the software vendors or their consultants and in the end your costs will be much lower while your ease of use and efficiency will improve.

My advice would be to weigh the options and evaluate this change as an opportunity. QuickDrop may have given the entire franchise the best Christmas present possible. But shutting down the bleeding and operations they have given the franchises an opportunity to control their own destiny and run their business as they want to. The reduction in overhead will give each franchise owner breathing room to implement new advertising, website development, and eBay store upgrade options which were not available to them as a franchise owner.

Beyond highlighting the numerous valid reasons for avoiding the purchase of a eBay drop store franchise, as previously detailed in this publication… This development also brings to the forefront a business practice which I believe every small entrepreneur should avoid…

The dependence upon one company or entity to supply your business with all of its required software and branding and ultimately, income… is fool hearty. Throwing all of your proverbial eggs in one basket is unwise in any venture, to depend upon one company for software and branding is risky.

While this lesson is demonstrated very plainly by this latest QuickDrop development. The same lesson can be applied to the practice of placing all of your product sales in one channel such as eBay. It is unwise for any business owner to be so entirely dependent upon the stability, largess, or whims of another company. If you are only selling via eBay or if you have a franchise eBay drop store of any brand, you should take today’s news as a wake up call. Look at your operation and analyze where your income is developed. If your stream is one river then you should diversify. Find a way to sell elsewhere, look for other support options, review other software vendors…

Always look for ways to spread out your dependence upon other entities and your business will be more healthy and better able to survive when one vendor has a bad situation develop. Your business is not unlike an investment portfolio, investing all of your cash in one stock is never well advised…

Everyone in the QuickDrop family should thank the corporate offices for this decision. There are other software suites available which are more user friendly and have better support and they are available at less cost than the price of a franchise and royalty fee.

Congratulations to all of the QuickDrop franchise owners – you have been set free.

Tips for Starting Your Own eBay Women’s Clothing Store Business

Launching your very own women’s eBay clothing store is a great way to begin a journey of financial freedom and independence while working from the comfort of your own home. Starting your own eBay women’s clothing store requires a bit of planning, preparation and some creativity to get your store off of the ground and running. The more you prepare to run your online store, the easier it will be once you begin to receive orders from those who are interested in the merchandise you have to offer.

Tips for Choosing Your Inventory

Determine what type of merchandise and inventory you plan to stock within your online eBay store before you begin searching for merchants that are right for your business. Create a list of the type of inventory you want to stock along with specific sizes you require for each piece of clothing or good you are interested in. The more detailed you are with your budget and specific about the type of clothing you want, the easier it is to work with merchants and wholesalers who provide what you need for the industry you represent.

Keep in mind any colors you want to offer as well as size charts from each vendor before you place any order to ensure you keep your customers as satisfied as possible when they make a purchase from you.

Finding the Right Wholesale Suppliers for Your Business

Finding the right wholesale suppliers is also necessary when you are shopping for a women’s clothing store on eBay. Finding a wholesaler online that caters to those who have eBay shops is highly recommended to purchase high-quality products and merchandise at a discounted price, especially when ordering in higher volumes. Shopping online to find the right wholesalers is a way for you to save time while also getting more access to hundreds and thousands of items depending on what you plan to sell to your customers.

Avoiding Shipping Nightmares

Avoid shipping nightmares when ordering any of your products wholesale by reading and reviewing all terms and conditions that have been put in place by wholesalers and other merchants you are using to purchase your items. Be sure to read the terms and conditions of all vendors you work with when operating a store of your own on eBay, especially if you plan to order items in bulk. You may also be able to find discounts from various merchants with the more you order in wholesale.

Importance of Pricing Factors

It is essential to factor in the pricing of your items and the markup you want to charge before launching your online eBay women’s clothing store. Consider the price you have paid for each item before marking it up and selling it to others. Additionally, it is also important to consider whether you are paying for shipping or requiring your customers to pay for shipping before setting a price for the merchandise you have for sale. If you plan to pay for shipping yourself, it is highly recommended to consider marking up the total cost of the item more to increase profit margin.

Consider Potential Fees

Whenever you have an eBay shop for women’s clothing, it is necessary to consider all PayPal and eBay fees you may encounter each time you make a sale or transfer your funds to different accounts online. Your eBay account may charge you for each sale that is generated, which is important to keep in mind when you are setting your prices online based on the amount of profit you are looking to generate in revenue altogether. Additionally, PayPal also takes fees depending on the type of merchant account you currently have as well as the number of sales you are making regularly. Read the terms and conditions of both sites before you begin selling your merchandise.

eBay Feedback Run-Ins and How to Keep Everyone Happy

Although you may ship your items on time and deliver a high-quality product, it is important to be realistic and to expect poor feedback from time to time, often from a difficult customer. It is essential to push for positive feedback from all customers to help negate any negative feedback you receive with your eBay account.

Learning all about the selling and marketing process of running an eBay store is a great way to get started in running a successful online women’s clothing business from home. The more time and effort you put into building your own eBay store with high-quality goods at affordable prices, the easier it is to build a loyal following of fans and potential customers for your brand.