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Amazon dropshipping?

Discussion in 'Dropshipping & Wholesale Hookups' started by seriousbro, Dec 13, 2015.

  1. seriousbro

    seriousbro Newbie

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    Hello everybody :)

    I'm really wanting to start a business as dropshipper on amazon, but since i'm a complete newbie to this I don't really know how :(

    What I actually know is that I would just have to go around on Amazon click on a product, click on "sell this product" for a higher price and I'm done. Am I right or is there a lot more to do?

    Another question I really want to know is do I have to pay taxes for my income? Would I get into trouble if I just get the money into my papal account from the sales and run away?

    Can someone maybe point me to some good tutorials with good explaination? I really couldn't find any.

    Thank you in advance for helping me out :)
     
  2. 1morenoob

    1morenoob BANNED BANNED

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    Most dropship from amazon to ebay, if you put a higher price on amazon nobody will buy it.

    Obviously supposed to pay taxes, depends what country you're in
     
  3. seriousbro

    seriousbro Newbie

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    I'm in belgium and the taxes are high 21% :(
     
  4. 1morenoob

    1morenoob BANNED BANNED

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    thats vat? Don't know what its like there but in the UK you don't have to pay it until you sell 82k per year. You can reclaim your purchases also so in the UK (20% vat) would be:
    buy for £12(£10+£2 vat) from amazon
    sell for £18 (£15+£3 vat)

    You pay the £3 and claim the £2 back so effectively pay £1
     
  5. 007A99

    007A99 Newbie

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    If your in the US, you're technically supposeed to report ANY income you get to the IRS.
     
  6. husky10

    husky10 Newbie

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    hi im from belgium two and well interessted by dropshiping pm if you want to share ideas and tips
     
  7. Eternal1912

    Eternal1912 Power Member

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    Did you just create 2-3 accounts and now you're trying to get more posts?? Don't you see that this is the Content Writing section in Making Money?? Where did you see Dropshipping here?

    Ask a mod to delete it or to move in the right section.
     
  8. loedown

    loedown Jr. VIP Jr. VIP

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    You need to do a little more research and planning before you jump into this. It's way more than just clicking through amazon and picking products, you need to find a product people will buy for a higher price on ebay so that you can make your margin. Or you'll just sit on ebay with a bunch of non moving products.

    You also need to figure out fees and such so you know how much you'll be making or even losing if you do not do that right.
     
  9. Apricot

    Apricot Administrator Staff Member Moderator

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    *sigh* moved to dropshipping. No obvious evidence that the accounts are related but I'll be keeping an eye on it.