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PoisonAce

Regular Member

Sep 10, 2015

417

96

• Nov 19, 2015

• #1

I just started dropshipping and I have racked up almost a grand in fv fees in a week. This is going to get expensive. Can someone skype me. . . eBay makes more than me.
I will actually compensate you for your time if you know what your talking about and give me some wisdom that will help me out and answer some big questions I have about stealth eBay and paypal accounts. Skype is my username also.

 

T

toml3030

Elite Member

Aug 16, 2014

2,343

822

• Nov 19, 2015

• #2

PoisonAce said:

This is going to get expensive. . . . eBay makes more than me.

Click to expand...

Such is the nature of the beast when you drop ship for tiny margins.

 

PoisonAce

Regular Member

Sep 10, 2015

417

96

• Nov 19, 2015
• Thread Starter Thread Starter

• #3

I'm up 500... and exaggerated the fees. Your right but when you work these numbers, i don't think i would want to give up... just started charging another 15 for shipping.

 

T

toml3030

Elite Member

Aug 16, 2014

2,343

822

• Nov 19, 2015

• #4

But you can see why people would get their accounts banned when they dropship for small margins and they have a real bad month..

 

CazuaL

Elite Member

Nov 27, 2011

1,741

978

• Nov 19, 2015

• #5

Before you list the items you should have worked out if it's actually worth it.
eBay take 10% (including postage) + listing fee. PayPal take 3.4% + 20p. Work it all out and go from there.

I track everything in an excel file. Just keep it updated. Makes tracking your cost incredibly easy.

 

PoisonAce

Regular Member

Sep 10, 2015

417

96

• Nov 19, 2015
• Thread Starter Thread Starter

• #6

I am up 500 with the fees paid, but still . Zzz I guess it's just part of life, I'll have to start a new niche and make more money to compensate for the losses. I gotta just accept that it costs money to make money. I'm sure a lot of people use stealth accounts and flee them... But they would have enormous problems trying to sell a high volume of expensive products I would suppose.

 

T

toml3030

Elite Member

Aug 16, 2014

2,343

822

• Nov 19, 2015

• #7

You gotta continually find niches where you're not trying to make a living off 5% of revenue. 5% profit margin means a quick road to poorville. Still possible to do on eBay. Cash on cash profit of 25-33% of revenue is definitely doable, more if you source directly from producers.

 

PoisonAce

Regular Member

Sep 10, 2015

417

96

• Nov 20, 2015
• Thread Starter Thread Starter

• #8

Yea well put I general although, I don't have those numbers that you mentioned first, closer to the second. Believe me though I was there with smart watches..