This thread inspired to go ahead and try to list my first item itended for drop shipping. Up until now I've always done auction style stuff selling antiques and collectables.
I still am barely putting my toes in the water though. I only listed one item just to see how it goes. In fact, it's the first item I've ever had to pay an insertion fee for.
What do you recommend for newbies just getting started? $0.30 fee for every item listed could get expensive. Especially when you're listing hundreds of items.. as with anything I imagine this takes a lot of trial and error, and slowly filtering out the stuff that doesn't sell and keep listing what does... but this could also get quite expensive for a newbie.
I realize even one successful sell, even at $4 profit, would take care of 12+ listing fees. I guess my greatest fear is trying to scale this up and having it go horribly wrong. But just like anything in IM, I realize there is still risk involved.
Anyway, I listed my first item. I payed my insertion fee, if it sells, I get around $4.80 in profit. It's going to sit for 30 days. And this may be the deciding factor of if I really want to persue this or not.