stefano542
Newbie
- Oct 15, 2015
- 42
- 8
Hello everybody,
I have read a lot of things about ebay dropshipping, but I have an important question:
I need a credit card to order amazon products, while I can receive the money only on my PayPal from eBay.
Here it is the problem, let's say I sell 10 products at 25$, each 20$ as original price, and I can make 2$ profits on each. so it would be 20 dollars profit. I have spend 200 dollars from my credit card and I now have 220 dollars on my paypal. In this way I should tax my money on 220$, and not on 20$! (I suppose)
then this would require a great amount of money on my credit card, because if people buuy 100 products, I'd need to have like 2k bucks on my CC. this is why I think I have not understood this part of the method. I hope you will be able to solve my doubts!
Ps
the problem could be avoided by buying on amazon through paypal, but idk if it's possible)
I have read a lot of things about ebay dropshipping, but I have an important question:
I need a credit card to order amazon products, while I can receive the money only on my PayPal from eBay.
Here it is the problem, let's say I sell 10 products at 25$, each 20$ as original price, and I can make 2$ profits on each. so it would be 20 dollars profit. I have spend 200 dollars from my credit card and I now have 220 dollars on my paypal. In this way I should tax my money on 220$, and not on 20$! (I suppose)
then this would require a great amount of money on my credit card, because if people buuy 100 products, I'd need to have like 2k bucks on my CC. this is why I think I have not understood this part of the method. I hope you will be able to solve my doubts!
Ps
the problem could be avoided by buying on amazon through paypal, but idk if it's possible)