IG Professor
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- Feb 22, 2017
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Introduction
I decided to write this short explanation about eBay dropshipping in 2020 to make sure everyone aware of the fact that this business still running and people banking... HARD. It's not perfect, and like any other business that you manage can face problems. BUT... Once you get it right - You can duplicate profitable stores like hotcakes. This is something to keep in mind since managing eBay stores is a skill that can add a lot of value to your resume. Just something to keep in mind ...
The Most Known Marketplaces to resell from
As a dropshipper you have an opportunity to ship worldwide from various retailers like Walmart, Amazon, Aliexpress. Usually, dropshipper combine both - China (Aliexpress/DHGate) & US (Walmart/Overstock,etc)
Some dropshippers are preferring to focus on Just 1 Retailer... Most of them, do Aliexpress.
It's not Matter where you are from
The dropshipping method does not care where you are from as long as you have Paypal & eBay account.. It means, that you can be located in EU/UK/Middle East and sell to ANYWHERE in the world.
The most used Strategies.
(US Marketplaces) Selling High ticket Items - Sell fewer items - Make more money.
(China Marketplaces) Have Many cheap products on your store - Get more traffic to your store and get rewarded by eBay Cassini search engine and... Ship worldwide at the cheapest price.
Overall - Both strategies are proven to be work from my experience. If you will ask me which one is preferred, I don't have an answer to you since everyone has his own decisions.
you will have to figure this out.
How to make your product research Worth it?
Build an effective schema of Product research. A good eBay dropshipping store should be following 3 Markups to make it worth it.
Conclusion
Is eBay dropshipping still profitable in 2020? It depends on you. the key is to put the effort into your product research and have at least 10 / 20% of cheap items products just for generating traffic to your store when you are a brand new seller.
I decided to write this short explanation about eBay dropshipping in 2020 to make sure everyone aware of the fact that this business still running and people banking... HARD. It's not perfect, and like any other business that you manage can face problems. BUT... Once you get it right - You can duplicate profitable stores like hotcakes. This is something to keep in mind since managing eBay stores is a skill that can add a lot of value to your resume. Just something to keep in mind ...
The Most Known Marketplaces to resell from
As a dropshipper you have an opportunity to ship worldwide from various retailers like Walmart, Amazon, Aliexpress. Usually, dropshipper combine both - China (Aliexpress/DHGate) & US (Walmart/Overstock,etc)
Some dropshippers are preferring to focus on Just 1 Retailer... Most of them, do Aliexpress.
It's not Matter where you are from
The dropshipping method does not care where you are from as long as you have Paypal & eBay account.. It means, that you can be located in EU/UK/Middle East and sell to ANYWHERE in the world.
The most used Strategies.
(US Marketplaces) Selling High ticket Items - Sell fewer items - Make more money.
(China Marketplaces) Have Many cheap products on your store - Get more traffic to your store and get rewarded by eBay Cassini search engine and... Ship worldwide at the cheapest price.
Overall - Both strategies are proven to be work from my experience. If you will ask me which one is preferred, I don't have an answer to you since everyone has his own decisions.
you will have to figure this out.
How to make your product research Worth it?
Build an effective schema of Product research. A good eBay dropshipping store should be following 3 Markups to make it worth it.
- Super Cheap products - Products on Aliexpress which cost 0.5 can be sold for 1.5$ easy. You should list them but not for the Profit - For the traffic to your store. Cheap products attract traffic and potential clients / conversions. When you get them - Your store will get better exposure in eBay search engine and also, it can lead to Upsell. Have at least 10% of them in your store.
- Sniping Competitors Products - Sniping your competitor's Products using Research software. These are the most common strategy. However, you should insert 60-70% ''copy-cat'' products to your store while you combine it with efforts to find low-competition products to sell.
- Laser Targeted Niche keywords Products - For example, if you will search Nail Kit - You will have a huge amount of competition. BUT, If you will narrow it down to be niche-targeted: You will have Less to zero competition. + More sales. So, instead of listing Nail kit, you can list ''Nail kit for Old woman'' or ''Nail kit for skinny girls'' etc. You got the point,eh?
Conclusion
Is eBay dropshipping still profitable in 2020? It depends on you. the key is to put the effort into your product research and have at least 10 / 20% of cheap items products just for generating traffic to your store when you are a brand new seller.
