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Amazon / Dropshipping

Discussion in 'Making Money' started by MasterMagician, Nov 10, 2012.

  1. MasterMagician

    MasterMagician Junior Member

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    I apologize if it's against the rules to create spin-off threads but this is one. I read through the original Amazon thread created by isahias (?) and even though i don't have much experience with this type of online business i had to find out for myself if it works. I set up a sellers account, filled it with 10 mixed items ranging from DVDs to PC parts and i thought i'd let it cook.

    Surely after a few hours i got my first sale and i went bananas, $18 net profit so i was kinda on edge as to what was to come but then it came.... complete radio silence :) No order, no enquiry, nothing. Tried tweaking my prices a bit but to no avail. Made a sellers logo, a sellers description to make it look a bit more serious etc so it seems to me as if i have done everything "by the book".

    Next move would be to replace my inventory with something else and see if that goes better than what i do now. However, before i do i would love to hear your opinion on this types of business especially if you are a bit more experienced.

    Thank you for any input and advice in advance, its truly appreciated!


     
  2. Forehandzebra

    Forehandzebra Newbie

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    Research what's popular right now. Be versatile.

    How does it work on Amazon? Do you need to have the money on hand to buy the item from the other retailer, or will amazon pay you out immediately so you can go use the money to buy the item?
     
  3. MasterMagician

    MasterMagician Junior Member

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    I have put up a few hundred dollars to invest into this by financing the purchases before receiving payment from Amazon. It's a risk and if not doesn't work out I won't lose any sleep over that money. It's not as easy as with ebay where u get paid directly but I can definitely see the buyers feeling a bit more secure when shopping, besides amazon takes no money from u if u don't sell plus they give shipping credit which is pretty solid too.
     
  4. vsaxena

    vsaxena Registered Member

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    So funny you guys are talking about this. I don't remember why, but I decided to play with Amazon earlier today, right? Put up a laptop. Got a f**king sale an hour later. Still in shock, yo, ROFLOL! now I just have to figure out how the hell to fund it, LOL, because I Don't have that type of money and I gotta go through the 14 days.

    But yeah. Um. You have to put in your bank info and then wait 14 days.

    Then, whenever you get an order, you can ask to get the money. And then you have to wait 5 business days or so to get it. Then you order and wam bam you done, son!