BEST Way To Make Money Fast With NO IM Experience

[Keitsu]

Always some ass trying to bring down someone elses thread, never fails huh? Clearly you are just to be helpful
to this forum which is loaded with crap and ideas that aren't actionable. This is. And every one has
a different way of doing things so you could learn form different people over just following one persons ideas.

My question is: Does Amazon allow PayPal? I'd find it so convenient if they would just accept PayPal but i understand
they are their own company. "Next, link both your eBay and Amazon accounts to Paypal."

I have my eBay hooked up to my PayPal, but not sure how it is possible with Amazon. eBay and drop shipping is not
my strong suite but it is something i want to put time into so i can get more streams of income flowing. Appreciate the effort
you are putting out to share, re-hashed or not, it's still a method to make $$$ and the most you get is a thanks, or if you are lucky,
a visit from the Village asshole.

Cheers

Solution: If not possible to link, you could always get a business paypal account, then obtain the paypal debit mastercard and pay with that. (literally pulls from your paypal balance).

 

[mickyfu]

This is what you do on every thread.

You've been here over 4 years, where is your contribution?

Yes, PayPal may hold your money, it's never happened to me though.

What is your point is what I'm getting at?

The irony is you are doing the same thing as him - making witty one liners because you know all the long time members will thank you.

Firstly, do learn the meaning of the word irony. Secondly I could not care less about thanks on my posts (I am not 12 years old). Thirdly you are far too naive to see what is going on here. And last I do not come here to share what I do, unless it is with people I deem worthy enough, via PM.

Do have a good day dear.

 

[Euphorix]

1- What are eBay fees if I didn't sell the item for 30 days?
2- DO I need to pay fees in advance?


Thanks

After your first 20 listing a month you pay 30 cents generally after your thirty day cycle if the item doesn't sell.

For a full understanding you can check out Ebay>Help>Sell>Fees

 

[bearmarketer]

1. ebay will hold your money 21 days if they feel like it
2. if ebay hold your money you will get one angry customer
3. method is not really $0 investment required (shit will go wrong, believe me)
4. you will have to find a way to buy with your paypal funds on amazn (more fees)

I can go on and on. Not impossible tho.

 

[MotivatedNewbie]

I went through the comments and IMO I don't think you can do this with $0 investments.
If you have some cash with you then it's possible to buy the items from amazon and send them as a gift to your ebay customer.
Nice method though, I will give it a try when I have enough to invest in it.

 

[random227512]

So pretty much this is not a $0 investment technique, you have to have capital to purchase the item because paypal/ebay will hold your funds and that pretty much defeats that part of this guide.. but with investment and the right choice of products you could make a killing.

I had this idea 3-4 years ago but a lot of bad financial decisions a whole load of credit cards later and I see this is just another $0 investment wet dream.. back to the drawing board lol.

 

[Euphorix]

So pretty much this is not a $0 investment technique, you have to have capital to purchase the item because paypal/ebay will hold your funds and that pretty much defeats that part of this guide.. but with investment and the right choice of products you could make a killing.

I had this idea 3-4 years ago but a lot of bad financial decisions a whole load of credit cards later and I see this is just another $0 investment wet dream.. back to the drawing board lol.

Neither eBay or Paypal will hold your funds necessarily. Mine didn't

Even if they do it's a 21 day hold. You can buy the items on your credit card and pay off your credit card with the money you made before it accrues interest. No matter which way you look at it you're making money right out of the gate

 

[Smageh]

for me in the Netherlands shipping is 30 days for cheap stuff. To long for dropshipping right?

Any ideas?

 

[mainceaft]

I have two question for that .
first the package aren't they sealed with Amazon tapes marks and bills . so the customer will figure out you are not the original seller of product .
Las this not directly related to OP . I live outside the US and I have relative lives on US .
can I use his ebay account directly from my country to mange and setup itemed for him (I won't use his Paypal account of course )

 

[Euphorix]

for me in the Netherlands shipping is 30 days for cheap stuff. To long for dropshipping right?

Any ideas?

Sell solely to the US. Ship from the US to the US

 

[No7to4]

Actually this method does work and is still Viable to this day. I'm pretty sure I know where he got this info from to because I'm still a member of the course that teaches this as well. I actually did do this 1 year and a half ago but ended up falling through the cracks because I got lazy and moved on to bigger better things like Retail Arbitrage with Amazon which is what the course taught.

This method was taught at the $20 a month level as an entry to making money online. Now to clear up some questions.
1. If you have a new account eBay account then yes there will be a limit of $100 items or I believe $500 (Can't remember exactly)
2. If you have a new Paypal account then yes there is a 21 day hold or they release the funds once the buyer leaves a review
3. It is preferred to have a Prime account because then you can use the 2 day free shipping and ship out faster and cheaper
4. When sending you do want to send as a gift that way the buyer doesn't see any type of invoice
5. Even though it comes in an Amazon box the buyer will not think anything of it because lots of people actually use Amazon as their fulfillment

The thing that burned me out was keeping up with all the damn orders that would come in and keeping track of who I sent the items to and who I still needed to send them to. At my peak I was making about $2500 a month and I didn't have a lot of items. You really only need a handful of items because people will find your item and keep purchasing.

At the time I was selling the shit out of Hookah's for $30 and Bean Bag chairs that I found on Walmart for $80, there was a time too where I couldn't find any bean bag chairs and somehow managed to spend the money in the Paypal account and got several complaints and cases opened against me but my account still didn't get shut down. I did end up having to refund about $1,000 dollars worth of orders though.

Another annoying thing was that people would lie and say they never received the item when it clearly showed they had signed for it and everything. So I would send out another and they would refuse it and say they didn't want the item anymore and ask for a refund because they already got the 1st item for Free (But that was pretty rare, it only happened a few times)

Other than that you can make good money doing this. I would work this at night after work for about 2-3 hours a day, once you get the listing up and find a hot item then all it is, is maintenance. Re-doing the listing and ordering to send out. Hope that helps if you have any questions feel free to ask and I'd be happy to answer them.

 

[SH-M]

Actually this method does work and is still Viable to this day. I'm pretty sure I know where he got this info from to because I'm still a member of the course that teaches this as well. I actually did do this 1 year and a half ago but ended up falling through the cracks because I got lazy and moved on to bigger better things like Retail Arbitrage with Amazon which is what the course taught.

This method was taught at the $20 a month level as an entry to making money online. Now to clear up some questions.
1. If you have a new account eBay account then yes there will be a limit of $100 items or I believe $500 (Can't remember exactly)
2. If you have a new Paypal account then yes there is a 21 day hold or they release the funds once the buyer leaves a review
3. It is preferred to have a Prime account because then you can use the 2 day free shipping and ship out faster and cheaper
4. When sending you do want to send as a gift that way the buyer doesn't see any type of invoice
5. Even though it comes in an Amazon box the buyer will not think anything of it because lots of people actually use Amazon as their fulfillment

The thing that burned me out was keeping up with all the damn orders that would come in and keeping track of who I sent the items to and who I still needed to send them to. At my peak I was making about $2500 a month and I didn't have a lot of items. You really only need a handful of items because people will find your item and keep purchasing.

At the time I was selling the shit out of Hookah's for $30 and Bean Bag chairs that I found on Walmart for $80, there was a time too where I couldn't find any bean bag chairs and somehow managed to spend the money in the Paypal account and got several complaints and cases opened against me but my account still didn't get shut down. I did end up having to refund about $1,000 dollars worth of orders though.

Another annoying thing was that people would lie and say they never received the item when it clearly showed they had signed for it and everything. So I would send out another and they would refuse it and say they didn't want the item anymore and ask for a refund because they already got the 1st item for Free (But that was pretty rare, it only happened a few times)

Other than that you can make good money doing this. I would work this at night after work for about 2-3 hours a day, once you get the listing up and find a hot item then all it is, is maintenance. Re-doing the listing and ordering to send out. Hope that helps if you have any questions feel free to ask and I'd be happy to answer them.

Had a couple of questions but got them answered while reading the same method in another thread. Thanks for your input though.

 

[Howdoidoit]

I have read right through this thread and I find this method very interesting. Would it work for someone like me living in Australia but selling and drop shipping to USA based consumers?

 

[SH-M]

I have read right through this thread and I find this method very interesting. Would it work for someone like me living in Australia but selling and drop shipping to USA based consumers?

It most probably will... beware of the taxes though, and do A LOT... can't emphasize this enough, A HELL OF A LOT! research before entering this kind of business, as mistakes can cost you a lot of money. Also in order to ace the method it is better to have investment cash ready (approx. $1k), for items and such... depending what you sell.

You will need luck as well along with selling skills (customer care etc.)

At least that is how I'm planning to approach it.

 

[SonOfMan]

just curious how do you even calculate income taxes with this method, do you have to keep all receipts from amazon and ebay and get some special form from the IRS? and what kind of mistakes have you had happen that we should be on the look out for?

 

[snakeyes37]

Firstly, do learn the meaning of the word irony. Secondly I could not care less about thanks on my posts (I am not 12 years old). Thirdly you are far too naive to see what is going on here. And last I do not come here to share what I do, unless it is with people I deem worthy enough, via PM.

Do have a good day dear.

You may or not be twelve, that's debatable. But your sure act like it.

 

[nuubsterkill]

Unfortunately Amazone does not support PayPal. It seems i need to find some wholeseller.

 

[Cherry]

What if you know someone from US and is willing to let you use their Paypal and Amazon or eBay account, would that be okay?

 

[Euphorix]

Hey, I learned way more about DS-ing on eBay after writing up this thread. Check out this new thread that actually goes in depth with it

http://www.blackhatworld.com/blackhat-seo/ebay/798154-ask-me-anything-about-dropshipping-ebay.html

 

[j3xxus]

Wow thanks for the info, this post has answered a lot of my questions I had about this niche!