Back in the day when we wanted to save some money, we sat at the kitchen table cutting coupons from newspapers, magazines and wherever else they were published. It was a tedious task, to say the least, with many long hard afternoons clipping coupons – it was dreadful. Actually, it wasn’t that bad. We couldn’t accumulate too many coupons for a single product. It just did not scale like that. It was rare to get more than 5 coupons for one product or service at any given time. Sometimes we could even combine the coupons, but usually, we could not.
A few years ago, I tried my hand at Drop Shipping. Drop Shipping means you have a supplier deliver a purchased product as if it came from you. This of course eliminates any need to stock inventory. And you as the merchant must make the purchase first before delivery . So I tried this with eBay and the results were very good. I made a few thousand dollars before losing my eBay account. I must admit, I didn’t manage the account very well. There is more details to this, but I will spare you my failure because it is 100%