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A question about ebay

Discussion in 'Ebay' started by stefano542, Jan 30, 2016.

  1. stefano542

    stefano542 Newbie

    Oct 15, 2015
    Likes Received:
    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)
  2. Tank

    Tank Jr. VIP Jr. VIP

    Jul 30, 2014
    Likes Received:
    Your right it is not possible to to buy on Amazon using PayPal, directly. But you could use your money in PP to buy gift cards and then use them on Amazon.
  3. SG3101

    SG3101 Newbie

    Jan 31, 2016
    Likes Received:
    paypal was created by ebay back in the days. it should have made the transactions between sellers and buyers safer because if you wire transfer the money you could've received a teddy bear instead of your 600USD iphone.
    so it's logical that amazon will never implement as payment method "paypal". they won't profit anything from it.

    other than that:
    you pay as seller 4% for every transaction in fees (which in my opinion is A LOT). and you don't get an invoice for those fees, so that you could deduct it in your books.