Kitchen, Baby, Office, Sports are all really good ones. They're plenty of good categories- Just keep it low risk
How long do you suggest warming the account until you can start making big orders?
And secondly, of prime isn't really necessary, then how come you use it/recommend it in your course?
I'm not sure potential buyers would really feel like waiting 5 days to a week to get their items from Amazon. Not to mention that it would probably slow your sales down.
One of the huge points to dropshipping on eBay with Amazon in the first place is prime shipping.
I have some problem with my paypal account. As i said previously i sold some items on my ebay and didn't had any holds on Paypal, so i was able to buy gift cards and purchase items on Amazon to dropshipp afterwards. By the way, Today i got some 40$ purchase from buyer, i was so excited, clicked on buying gift card and wow.. It says Paypal is holding that 40$ until they review something. What does this means? is it a 21 days hold? or other kind of review.. does anyone had that kind of experience? My reputation depends on this, i want to ship as fast as possible.![]()
You need to contact PayPal ASAP - i'm not sure what this is. Is the account stealth or no?
If you're worried about your rep, pay with your own money or else just email the buyer and say the item is damaged and you can't send it out. You will refund because the supplier is out of stock also.
I have some problem with my paypal account. As i said previously i sold some items on my ebay and didn't had any holds on Paypal, so i was able to buy gift cards and purchase items on Amazon to dropshipp afterwards. By the way, Today i got some 40$ purchase from buyer, i was so excited, clicked on buying gift card and wow.. It says Paypal is holding that 40$ until they review something. What does this means? is it a 21 days hold? or other kind of review.. does anyone had that kind of experience? My reputation depends on this, i want to ship as fast as possible.![]()
or else just email the buyer and say the item is damaged and you can't send it out. You will refund because the supplier is out of stock also.
4. Last but not least, I have to attribute God for my success. I'm a Christian, and believe the Bible 100%, and thank Jesus for helping me earn a livable income and a career which I enjoy (when before I had little hope with today's tough economic and jobs climate).
Ok, while technically you are correct, I think this is a bad mindset to start out with. If you do get audited by the tax man it will stressful and time consuming enough to fulfil all the regular demands aside from chasing old invoices. If you get audited a few years in you could literally end up chasing Amazon for thousands of orders.
I'm not an accountant but you should obtain a VAT invoice for all your sales ASAP and should be balancing everything up at least monthly.
So at the end of every month, you should be tallying up eBay sales, PayPal receipts, Amazon orders and VAT invoices. Fixing any errors that arise.
So, read that last line again. Do it for any given full month since you have started trading. Now, multiply that effort by 12 for one whole year and think about what it would be like if you had hundreds or even thousands of transactions a month.
That's the way I plan on doing my accounting. You can choose your method but imho your asking for trouble.