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[Help] Continue with ebay dropshipping or do something else?

Discussion in 'Making Money' started by Ernestismyname, May 2, 2017.

  1. Ernestismyname

    Ernestismyname Registered Member

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    Hi.

    Simple question.
    Should I continue my eBay dropshipping business or invest in something else?

    I've made over a 1000$ in sales during a 3 month period but I had to refund most of the money due to eBay rules that continue to drive me nuts!
    On top of that, eBay holds funds for new sellers which I'm still categorised as...

    So I'm quite indecisive. The frustration is getting to me and I don't believe it's worth it.
    I now have enough money to invest in almost anything I want and all my eBay fees have been paid so I could leave everything behind if I so wished. But I'm willing to continue.

    Any kind of suggestion is gladly accepted.
     
  2. TheUnicow

    TheUnicow Junior Member

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    What eBay rule forced you to refund the money???
     
  3. Ernestismyname

    Ernestismyname Registered Member

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    It didn't force me to refund the money but I had to.
    At the time I was new to ebay so I had no money to invest. Due to the hold on funds I couldn't fulfill orders which in turn led to me refunding the customers.
     
  4. TheUnicow

    TheUnicow Junior Member

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    Do you have more money to invest into it now? Unless if your customers gave you bad reviews, it seems like the drop shipping was going pretty well for you. Especially since you probably have more money to invest into it now, I don't see why you would quit on it.
     
  5. Ernestismyname

    Ernestismyname Registered Member

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    As stated previoulsy, I have paid my ebay fees and still have money left to invest. And no, I didn't get any negative review. But the thing is that ebay are still holding funds for 21 days. So if I start again I will get more sales than I can handle which in turn would lead to more refunds.
     
  6. Daddykins

    Daddykins Junior Member

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    You'd be better off moving to your own sales. Ebay has way too much competition. You might want to have a look into advertising and check keywords to see if it'd be worth advertising on Adwords/Bing Ads.
     
  7. Ernestismyname

    Ernestismyname Registered Member

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    As in my own website?
     
    Last edited: May 2, 2017
  8. Daddykins

    Daddykins Junior Member

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    If you're making a decent % profit. You should try just opening up a quick Shopify store, heading over to the PPC section and buy a Bing Ads voucher ($200) for $10. Link your credit/debit card, add voucher, and test the waters.. Be sure to cancel your Ads before the $200 voucher runs out.
     
  9. Ernestismyname

    Ernestismyname Registered Member

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    Will check it out. Thanks for the tip.
     
    • Thanks Thanks x 1
  10. Lee Vang

    Lee Vang Newbie

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    It's up to you but you shouldn't quit just yet, maybe have a better plan going into it? Have you apply for a 1-2% cash back CC and use that specifically for buying your items? I think when i started, As long as I kept uploading the tracking numbers, paypal acutually released the money sooner. Either way, good luck!