Dropshipping Arbitrage - Who Does It?

[toml3030]

Op, your friend is not making any money from the setup you described. Buy at 74 sell at 100 on 100k revenue is 26k gross profit. Take 15% for ebay, paypal fees and 5 employees at 2k each and most likely your friend is losing money.

 

[uyuyuy99]

Op, your friend is not making any money from the setup you described. Buy at 74 sell at 100 on 100k revenue is 26k gross profit. Take 15% for ebay, paypal fees and 5 employees at 2k each and most likely your friend is losing money.

You're overthinking this... OP was simply saying his friend makes $100k/mo by reselling things - for example, buying something from Walmart for $74 and selling for $100. All you did was take the numbers OP gave you and did random math with them

 

[TJFromUSA]

Lol thats nothing new, i see a lot of ppl buying amazon gift cards for 60% of the real price
then they order a product > refund > double sell > 2x profit
only bad thing is that you need different adress for each order

Do you know where he is finding those cards?

 

[TJFromUSA]

You're overthinking this... OP was simply saying his friend makes $100k/mo by reselling things - for example, buying something from Walmart for $74 and selling for $100. All you did was take the numbers OP gave you and did random math with them

Exactly... He isn't JUST doing Walmart, he is doing much more than that.

 

[koleinz]

Exactly... He isn't JUST doing Walmart, he is doing much more than that.

Hey man, do you have a idea how your friend handle all the orders and payments ? if you receive 10000 payments from customers with different products/adresses/price ect it must be hard to handle without employees or is there any solution ??

 

[uyuyuy99]

Hey man, do you have a idea how your friend handle all the orders and payments ? if you receive 10000 payments from customers with different products/adresses/price ect it must be hard to handle without employees or is there any solution ??

Yeah that's what I was wondering too... he manages to keep track of all those shipments/payments with just 5 employees? I'm guessing he automates a lot of the process, right?

 

[SEO]

Why not apprentice under him? If he has a working system, why wouldn't he want free labor from you to learn the business? I know people are worried about competition, but just stay out of his niche and carve your own out.

 

[iKirito]

I do online arbitrage. Works like a charm dropshipping on eBay

 

[TJFromUSA]

Why not apprentice under him? If he has a working system, why wouldn't he want free labor from you to learn the business? I know people are worried about competition, but just stay out of his niche and carve your own out.

I've been hanging around him a lot to learn .