Yes, fees are 10%. It works like this. I list an item for $40 that sells on Amazon for $26. After eBay fees I get $36 and after Paypal fees I get $34.40. Still a profit of $8.40. There are tons of items with $20+ price differences. Like I stated, YOU DON'T NEED TO BE THE LOWEST PRICE ON EBAY.
This is also what I was trying to explain in the OP. Instead of asking "Will this sell or not", try to focus on finding items and listing them with your profit margin in mind. You never know what might sell and the only way to find out is to just list it yourself. Just go to Amazon, add the price markup that will get you the profit margin you want and see what sells.
You would be surprised on the things that sell and the things that don't.
How did you manage to list 1k listing? I mean that's so much of work to do. I use a nice template, and it takes me like 10min to get the listing done.Hi, I'm new to drop-shipping (this is my 2nd month) and I like your approach. Thanks so much for sharing. I have a few questions. I've listed so far about 1000 items and I'm only averaging of 3-4 items per day. I feel this is very low to make a decent profit and I'm working to bump it up 10-12 sales.
1. What's your way to find good items you want to list?
2. Do you have a certain price point you focus on? (I've started listing only items that are above $50 so that I can make more of a profit)
3. What percentage of margin do you generally set? Do you set a fixed percent for all the items you drop-ship or does it vary depending on the item?
4. How do you set your tax? Do you only set it for locations amazon has fulfillment centers?
Thanks in advance. Excited to hear back from you.
I'm from EU and it is possible, but since you can't have ebay debit card and hence no immediate access to the $ on paypal (unless it is a stealth account) you must either have funds to buy the items from amazon, or buy gift cards with paypal. But if you haven't got past the 21 day hold you can't buy the gift cards and must have startup funds.Is this method possibly in germany?
Don't the people ask for the bill / invoice ?
I'm from EU and it is possible, but since you can't have ebay debit card and hence no immediate access to the $ on paypal (unless it is a stealth account) you must either have funds to buy the items from amazon, or buy gift cards with paypal. But if you haven't got past the 21 day hold you can't buy the gift cards and must have startup funds.
Nobody asks for any invoice. Paypal sends you the order details including shipping address, you order from amazon to that address, later copy the tracking number and it's done.
Still, I have doubts whether if it is worth the trouble. The feebay fees + paypal fees + withdrawal fees + DOUBLE CONVERSION loss (you get USD from ebay, gaypal makes you withdraw in EUR and later when you buy new item - again EUR->USD conversion...) eat you alive. My stuff on ebay is priced at almost double the price of amazon, but when ebay sends the bill next month it makes me wonder did I even got that much in profit or went into negative, and I consider quitting.
Yeah if you are going to target German customers you don't have that problem. But ebay and amazon do not have a branch in my country and I don't speak German well enough to be comfortable with selling on ebay.de, so I have to sell on US market.Can you tell me why you have a USD > EUR / EUR > USD transfer?
Dont you sell the products in your own country and can trade with € only?
Can I use Paypal account here instead of debit/credit card, because I don't live in U.S. And if I use paypal instead of credit/debit card, will there be a disadvantage?Part 7 (Ordering): When you make a sale, you now need to buy the item from Amazon. Order your item using your Credit/Debit card and the billing address the card requires. For the shipping address, copy and paste the address of your buyer from eBay. That's it! Very simple.
Can't i use amazon gift cards instead of credit/debit card to purchase products from amazon. And vcc for any other use.
Can I use Paypal account here instead of debit/credit card, because I don't live in U.S. And if I use paypal instead of credit/debit card, will there be a disadvantage?
Hi SpacemanDivine. I can't find the policy section. I know it should exist in the account tab header and there should be a menu option with business polices but this option is missing for me. Appreciate your help.Yes do not purchase the item until the item is purchased on ebay, also make sure on your payment policies you set it to Immediate Payment to PayPal.