[Method] Amazon to eBay Drop-shipping Done Right! Spoon Fed! *Long/Detailed*

How are you going about the tax? Have you registered? I suggest you do this earlier so its easier down the line as opposed to 9 months later trying to claw back old sales and find figures/ documents that you might not be able to do as easily down the line... I typed e-commerce accounts in google and theres on called jamesESmith and I just rang and enquired and he gave me some very spund advice... don't tell them the dropship method because you want them doing your accounts and not become your competition loll... please keep me posted and maybe we can help eachother im a fellow brit :) and sadly also a Gooner fan lol feel free to private message me
 
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lewy2k said:
I set a strict but vague limit for myself when listing items. I must make more than $7 after Paypal and eBay fees. If I find that the item is a hot seller and sells more often, I am fine with making less per item, but never under $5 profit per item. For reference, eBay fees are 10% of the selling value and Paypal fees are around 4%.
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How do you find a product that leaves you with $7 after fees?! or even $4 for that matter?! The products that give you such margins what are the buying prices on Amazon? I'm presuming they must be $50+??

Surly there is no way that you can buy a product for $10/$20 from amazon and make between $4 and$7 profit after selling it on ebay and taking away your fees


lewy2k said:
Also, I am personally experimenting with CPA + Advertising and would be happy to share expertise if you are interested in the method I explained today!
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What is CPA?
 
Let's look at a few of thehoneyroastedpeanut's items:

http://www.ebay.com/itm/251837689093
Samsung Chromebook 11.6" Silver Refurbished
eBay $190.55
http://www.amazon.com/Samsung-Chrom...1456803132&sr=1-5&keywords=samsung+chromebook
Amazon: $179.00

http://www.ebay.com/itm/281924630472
Elgato Game Capture HD60
Ebay: $174.79
http://www.amazon.com/Elgato-Game-C...3332&sr=1-4&keywords=elgato+game+capture+hd60
Amazon: $179.95

http://www.ebay.com/itm/361209359464
Cannon Photo Paper Pro
eBay: $16.81
I couldn't find this one on amazon

http://www.ebay.com/itm/281545556268
WD My Net Port
eBay: $26.10
http://www.amazon.com/WD-My-Net-Swi...d=1456803859&sr=8-1&keywords=wd+my+net+switch
Amazon: $23.40
 
So what is the best/cheapest way to purchase on Amazon.com and reload VCC from Canada? And can you use that same VCC to verify the account?
I have the ebay account and paypal but I need an Amazon.com account and a way to pay and easily load my VCC from Canada?
Anyone have any experience with this? Any help is greatly appreciated.
thanks
 
Go to RBC and open a USD eSavings account + checking account, then apply for their USD Credit Card. RBC operates in the United States as Royal Bank Georgia which allows you to link your PayPal account and withdraw to it in USD. Also, you can do cross border transfers in USD for free between RBC and Royal Bank Georgia. Using the funds that you transferred from the US to Canada, you can pay off your USD credit card. This way everything remains in USD until it comes time to pay yourself out of your profits. If you need to use a VCC, I have had no issues with EntroPay, however to fund it's 4.95%. Given the state of the Canadian Dollar, your best bet is to go the RBC route.

newinvestor23 said:
So what is the best/cheapest way to purchase on Amazon.com and reload VCC from Canada? And can you use that same VCC to verify the account?
I have the ebay account and paypal but I need an Amazon.com account and a way to pay and easily load my VCC from Canada?
Anyone have any experience with this? Any help is greatly appreciated.
thanks
Click to expand...
 
I have TD US daily interest chequing account. I am going to link that to my paypal (if it works), but the entropay 4.95% VCC is steep. But if I get a TD USD credit card, I may not be able to use it on Amazon.com, because my address is in Canada and I am ordering on .com. So I thought I have to go the VCC route, so it looks like my address is in USA.
 
Could I do this? Order an Amazon USD Gift Card, order my product and then rinse and repeat? Amazon will not care if I order all my products with gift cards will they?
thanks
 
 
newinvestor23 said:
I have TD US daily interest chequing account. I am going to link that to my paypal (if it works), but the entropay 4.95% VCC is steep. But if I get a TD USD credit card, I may not be able to use it on Amazon.com, because my address is in Canada and I am ordering on .com. So I thought I have to go the VCC route, so it looks like my address is in USA.
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I was going to advise you to have a TD account but you already have it. :)
 
bill2014 said:
I was going to advise you to have a TD account but you already have it. :)
Click to expand...

Ya, I have to add it to my paypal account still, if I can do that, I think I can just purchase Amazon USD gift cards, with my paypal, then add them to amazon.com, and I am good to go, may not even need my TD USD account (for this). If not, I will grab a TD CC, see how that works.
 
This thread has more dropshipping info than many other (seller) threads because REAL dropshippers are keeping it alive. Thanks to all of you guys.

I would like to know how you guys deal with the 200 Items/$20K block. do you form a LLC?

And i've seen people selling Ebay accounts with 1000 items limit. so how much time does it take for such accounts to turn into an "unlimited" limit account?

Thanks.
 
I have seen some ebay accounts for s-ale too, but isn't there a chance to get banned when you change everything in the account?
 
turdface said:
They are items by a known drop shipper.
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Why is the Honey Roasted Peanut seller so infamous? And is it Amazon they use because I looked at a few listings and doing the math they would be taking a loss. I will say though, I've not seen sale numbers like they have with just ~12k listings. How do they manage that dropshipping?
 
rainycity said:
Why is the Honey Roasted Peanut seller so infamous? And is it Amazon they use because I looked at a few listings and doing the math they would be taking a loss. I will say though, I've not seen sale numbers like they have with just ~12k listings. How do they manage that dropshipping?
Click to expand...

it's the largest dropshipper. they get thousands of orders a day
 
rainycity said:
Why is the Honey Roasted Peanut seller so infamous? And is it Amazon they use because I looked at a few listings and doing the math they would be taking a loss. I will say though, I've not seen sale numbers like they have with just ~12k listings. How do they manage that dropshipping?
Click to expand...

As rainycity has pointed out they are one of the largest dropshippers.. by account size. I am sure there are bigger guys using a bunch of stealth accounts though.

Anywhere near that kind of scale and the main guy will have employed many Virtual Assistance to assist in order management and customer service. There will be a fully fledged software system tracking everything also.

Along with that, he/she has more than likely invested not inconsiderable amounts of money in developing custom software to help in the process.
 
Thanks for such a good thread.

Would it be ok to use a personal eBay account which i have had for years, the account has no selling rating but has 200+ positive buying rating?
Also could i use my old personal paypal account which should be around 5 years old?

Thanks again
Bow
 
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