[Method] Make money with a Smart Amazon Dropshipping method

[LucasL]

Interesting method! Thanks for sharing!!

You're welcome

Great method
Thanks

thank you

It’s an interesting idea. What about the fact that when you “drop ship”, your own address will appear as the billing address on the delivery note / facture included with the product? Do you have a way around that, or are you okay sending your home address to your “customers”?

When I buy the product from the supplier, I say it's a gift. Almost all of the time the supplier sends the product as a gift, i.e. no invoice inside. So we can't see my address
For the few times he doesn't process my gift request, it doesn't bother me more than that.

 

[polishedturd]

What about TVA? This is why I closed my Shopify store - the time taken accounting for TVA, and for manually creating invoices for every item I dropshipped from Aliexpress (which doesn’t provide invoices) was more than the small profit margin was worth. I supppose with Amazon you could target the US only and not worry about TVA, but it sound like you’re doing this on amazon.fr. Or are you just doing it all on the black and aren’t worried about quarterly accounting and are hoping amazon doesnt mention your activity to Bercy?

 

[rajsinhahyd]

No.
For verification purpose they asking about credit card statement.
I sent credit card statement.
But they said they were not able to verify.
How they verify credit card statement?
Do they call to bank?

 

[godknowseverything]

How do you find the old price since the product is unavailable?

 

[LucasL]

What about TVA? This is why I closed my Shopify store - the time taken accounting for TVA, and for manually creating invoices for every item I dropshipped from Aliexpress (which doesn’t provide invoices) was more than the small profit margin was worth. I supppose with Amazon you could target the US only and not worry about TVA, but it sound like you’re doing this on amazon.fr. Or are you just doing it all on the black and aren’t worried about quarterly accounting and are hoping amazon doesnt mention your activity to Bercy?

I only sell in France so Yes you could only target the US
https://imgur.com/23kNeWa

At first with the free account, you are considered as a private individual so no worries with this plan.
When you sign up for the paid plan, they ask for more information.
I am self-employed and I am entitled to a TVA reduction in France for 3 years so I can't really help you with that.
But for accounting, I don't do anything with the Chinese anymore because I never got an invoice in addition to the poor quality product.

No.
For verification purpose they asking about credit card statement.
I sent credit card statement.
But they said they were not able to verify.
How they verify credit card statement?
Do they call to bank?

For the verification I did not need a credit card statement.
A simple credit card was enough, they charged 20 cents and that's it.
However, to be able to withdraw the money from the amazon account, in Account > Assign deposit methods, they asked for the bank account details (IBAN & BIC).
But not for account verification, at least not for me. What country are you in?

How do you find the old price since the product is unavailable?

I just use the addon Keepa Amazon Price tracker

 

[BrandingCat]

@LucasL When someone buy,, you make dropshipping or first you take the product and after deliver

Thank you

 

[Rexworm]

Sorry new to the scene. How do you find suppliers?

 

[Rexworm]

Did you read that part?

Step 4: Click on a product page and start searching for suppliers for the product in question.

My method for finding a supplier:
I take 3 words from the product title that are relevant and I google for ecommerce sites that would sell the same product.
If I do not find, I go to google image and again, I look for a seller.
If I haven't found, I go to a marketplace like cdiscount then type the product name and search for a seller.
If you still haven't found it, go back to step 4 and find another product.
I don't spend more than 3 minutes per product. If I can't find anything, I switch to another product. There are so many other opportunities !

I guess im just asking for it to be put into terms of stupid, so my tiny brain can comprehend what it says

 

[LucasL]

India

I don't know how the verification is going in your country. Maybe it's different than in France.
If I remember correctly, when I have entered my IBAN & BIC I just got the money Amazon owed me.
I don't know if they called my bank but I think they didn't.

@LucasL When someone buy,, you make dropshipping or first you take the product and after deliver

Thank you

I always do dropshipping. I never see the product, except when I test the quality of my supplier.
You can first buy the product and then send it, but it is longer for you and for the customer, if you are sure of your supplier, do dropshipping directly

Sorry new to the scene. How do you find suppliers?

Did you read that part?

Step 4: Click on a product page and start searching for suppliers for the product in question.

My method for finding a supplier:
I take 3 words from the product title that are relevant and I google for ecommerce sites that would sell the same product.
If I do not find, I go to google image and again, I look for a seller.
If I haven't found, I go to a marketplace like cdiscount then type the product name and search for a seller.
If you still haven't found it, go back to step 4 and find another product.
I don't spend more than 3 minutes per product. If I can't find anything, I switch to another product. There are so many other opportunities !

I guess im just asking for it to be put into terms of stupid, so my tiny brain can comprehend what it says

Well here it is
Step 1 : Type the product name in google
Step 2 : Search for a seller in the first results and in google image
Step 3 ( if step 2 was not successful) : search for the product on ebay, cdiscount, priceminister, wallmart, best buy....
Step4 ( if step 3 was not succesful) : find another product to sell

 

[ericcmet]

very useful and informative thread indeed.When did you search in google,did you use amazon.fr or amazon.com?

 

[jaycewarrior]

when i sold and item does amazon send money to my bank acc immediatly or after 30 day shedule ?

 

[jumjum]

when i sold and item does amazon send money to my bank acc immediatly or after 30 day shedule ?

Hey guys how did you managed to create an account for free cause Amazon wanted to charge me as soon as i created the account.

 

[cindyrose888]

Hey guys how did you managed to create an account for free cause Amazon wanted to charge me as soon as i created the account.

If you can't even afford penny, it is better for you go and look for a job. OR BEG from your mum dad to give you some free money to start off ... lol

 

[jumjum]

If you can't even afford penny, it is better for you go and look for a job. OR BEG from your mum dad to give you some free money to start off ... lol

What gives bro? the sudden heat.

Anyway i managed to solve it so yeah.

 

[LucasL]

internesting thread

Thanks !

very useful and informative thread indeed.When did you search in google,did you use amazon.fr or amazon.com?

Thanks !
Use amazon.com if you want to sell in the US, .uk if you want to sell in England and .fr if you want to sell in France I want to sell in France so I use amazon.fr

Thanks for useful method, I will try it.

You're welcome

when i sold and item does amazon send money to my bank acc immediatly or after 30 day shedule ?

You can consult the date on which amazon will send you the money in Reports > Payments
Generally, Amazon transfers the balance to your bank account 14 days after the first business day on which the transactions took place

Hey guys how did you managed to create an account for free cause Amazon wanted to charge me as soon as i created the account.

Go down on this page and click on "Sell as an individual"
https://services.amazon.com/selling/pricing.html

 

[Paukerin]

noob question in 3,2,1....

if I target the market of my country do I need to translate the search query for google?

 

[LucasL]

noob question in 3,2,1....

if I target the market of my country do I need to translate the search query for google?

Yeah, and you need the exact sentence Amazon puts on his page.
Find a product out of stock in your country and replace what is in quotation marks with this two sentence (in your language of course)
https://imgur.com/c6iginD
https://imgur.com/1wMnykX
Replace the number of comments with a *

 

[bozzo]

great post and a very unique method.
will definitely give a try

 

[anil595]

What happens If invoice included even it is Gift and buyer sees actual price.

Can we request seller not to include invoice for gift wrap. Some sites including invoice even it is for Gift.

Thank you very much for your method.

 

[LucasL]

great post and a very unique method.
will definitely give a try

Thanks !

What happens If invoice included even it is Gift and buyer sees actual price.

Can we request seller not to include invoice for gift wrap. Some sites including invoice even it is for Gift.

Thank you very much for your method.

It depends on the person, they may not pay attention. Just as they can ask for a refund, if they ask, really try to negotiate with them.
Yes you have the right to ask your supplier.
When you request a shipment as a gift and without an invoice, almost all the time your request is respected. (Except the Chinese of course)
You're welcome

Very Motivating! I'll give it a try