How to make over $10,000 monthly selling on amazon/dropshipping without any investment

Status
Not open for further replies.
Some nice info there, isaiahz. Thanks for that. I'm giving this a shot and just opened a new Amazon account. Just trying to decide on my niche now. Will see how it goes.
 
Advertise on BHW
Xintalos said:
Some nice info there, isaiahz. Thanks for that. I'm giving this a shot and just opened a new Amazon account. Just trying to decide on my niche now. Will see how it goes.
Click to expand...

Thanks xintalos...I'd like to know how the progress is going...you should keep me updated...there's some good info on here too within the comments.
 
Thanks for the post. Couple of questions:

So, if I'm doing guitars.. The buyer buys from me on Amazon, I go over to Guitar Center, buy the guitar and just enter in the shipping info for the guitar as a different name and different address? Do most online retailers allow this? Because guitar center isn't really a drop shipper.... It seems like this would raise red flags with Guitar Center in this case, buying items with my name and credit card then shipping them elsewhere frequently.

Also, how do you obtain UPC codes?
 
bradical said:
Thanks for the post. Couple of questions:

So, if I'm doing guitars.. The buyer buys from me on Amazon, I go over to Guitar Center, buy the guitar and just enter in the shipping info for the guitar as a different name and different address? Do most online retailers allow this? Because guitar center isn't really a drop shipper.... It seems like this would raise red flags with Guitar Center in this case, buying items with my name and credit card then shipping them elsewhere frequently.

Also, how do you obtain UPC codes?
Click to expand...
Thanks for writing, I've done this thousands of times in my name and my business cards name to thousands of different customers. Never had a problem, it's the same thing as if your sending the guitar to your aunt as a gift. I've done this with best buy circuit, buydotcom amazon and many more. If done tons of purchases with my paypal debit card...it will not work if you try to pay just by your paypal email..debit card yes.

Good idea on the Guitars though...I wish you thee best.
 
isaiahz said:
Amazon Policy
Your disbursements are based on a 14-day cycle starting from the time you were approved to sell using marketplace payments For new sellers, there is an initial 14-day holding period before funds will be released from your Payments account. Once you have received your first automatic disbursement from Amazon, you may be eligible to disburse funds up to once every 24 hours.
After a disbursement is initiated, it normally takes 5 business days until the money is available in your checking account.
Click to expand...

So even once you pass that 14-day holding period and become eligible for 24 hour disbursements, you still have a 5 business day wait before the funds are physically available to you? Or do you not have this 5 day wait at that point.

I guess this means you either have to wait the 5 days before you can order and ship the product to the customer..if you are doing this with no upfront capital...

or

..you have the cash available to front the cost of any sold item in order to have it sent out to the customer in a timely manner.
 
wordhire said:
So even once you pass that 14-day holding period and become eligible for 24 hour disbursements, you still have a 5 business day wait before the funds are physically available to you? Or do you not have this 5 day wait at that point.

I guess this means you either have to wait the 5 days before you can order and ship the product to the customer..if you are doing this with no upfront capital...

or

..you have the cash available to front the cost of any sold item in order to have it sent out to the customer in a timely manner.
Click to expand...

They say 5 but really it's 3 for me, remember you get shipping credits, just don't select expedited shipping when you do. Amazon gives you a few days before you have to send it out, not including weekends. They don't even keep track of it though.

Lets say they bought something on monday, you do a transfer to your back account that night, gets into your account thursday..you put an order in that day to the retailer..they will ship it out between thursday and sat...it will arrive to your customers house the next week. Most people email me that they are happy it got there 7-10 days. Never had a problem, I just never advertised expedited shipping when I started.
 
Hi Isaiahz, Excellent thread....I got a few Q's....How much time does this take you per week, to reach the $10,000 a month? & is this Gross or net? What other overheads come into this project?

Also because of scammers...I wonder how long Amazon will alow this for....they are changing a lot recently, look at the PPC ban they just intoduced in the US & Canada...

Appreciate your comments...
 
How much time does this take you per week, to reach the $10,000 a month? <== It depends on the products you list and the market
Also because of scammers...I wonder how long Amazon will alow this for....they are changing a lot recently, look at the PPC ban they just intoduced in the US & Canada... <== Yes , with high volume of selling , Amazon will soon ask you for documents verification
@Isaiahz : check your PM :)
 
cosminautRU said:
Hi Isaiahz, Excellent thread....I got a few Q's....How much time does this take you per week, to reach the $10,000 a month? & is this Gross or net? What other overheads come into this project?

Also because of scammers...I wonder how long Amazon will alow this for....they are changing a lot recently, look at the PPC ban they just intoduced in the US & Canada...

Appreciate your comments...
Click to expand...
Thanks Cos, if you want to make at least 10k it's going to depend on your product. If your selling TVs and your average profit is $50 a tv, you will need to find your selling percentage first.

Remember you can list many products, and have multiple quantities of that product.

Lets say your selling rate is 20% of the products listed. You have 100 prodcuts up (not hard to put up, you just submit your upc code and selling price) and you list that you have 10 of them each. At $50 a TV that would give your your $10k net.

Amazon doesn't go and research who your supplier is, I've never had one inquiry about it. People are just happy they got their item at a good price.

The only overhead is the time that you put into it. There is no mailing boxes or anything to buy. It's all dropshipping.

As far as the time each day, it does take awhile to get everything set up at first. But once you have your inventory up filling the orders is easy. Go online and order your product then have the retailer ship it.
 
Could you not just dropship from straight from amazon? You would have the added benefits of the item turning up in amazon packaging which would not raise any flags to the purchaser, and everythings kept under the one roof, it would really simplify things.
Or would amazon figure out what you are doing? If this really works I will be shocked! (in a good way :-) )

-- just looking at amazon uk and it seems the same as the us version, says it allows funds to be emptied once a day. It does say that one of the conditions is that you must ship within 2 days of receiving the order from amazon, which would be impossible to do due to the time it would take to get your money (3 days), but i suppose the only way they will know is if your customers start complaining.
 
Hey lesaurus...I've dropshipped straight from amazon before, and also used this method when selling on ebay. As far as the 2 day method is not a big deal, I've never had problems.
 
lesaurus said:
It does say that one of the conditions is that you must ship within 2 days of receiving the order from amazon,
Click to expand...
It doesn't matter cause amazon doesn't have any " Mark As Shipped " Button as Egay :D . Just make sure that your customers will get their items within the time they expect , then it's fine :D
@isaiahz : You didn't see my PM :( ?
 
Hi,
anybody does the work around on how to sign up on Amazon with out having a US credit card?
If I want to sign up to amazon com he will ask for a US credit card, in Uk for a uk, and i guess in the other international sites, will be the same.

Any help will be really appreciated.
 
Ok thanks isaiahz, I've just opened a new seller account and listed 1 item just to go through the process. I now have a normal Amazon account (the one i use normally to buy stuff with) and a new sellers account. These share the same e-mail address and bank account. I am going to try and see if i can sell and then full fill the orders using these two accounts only as i really like the idea of the customers getting their product in an Amazon wrapper. I can tick the gift option or more specifically the "do not show price information" box. If not then I could open a new account no problems. Can't see why they would mind coz they will be creaming the commissions off me!

I noticed that marketplace sellers, or at least the couple i looked at, do not have the option to hide price so this eliminates being able to use them. May be some do and i'm missing something?

Does anyone know if play*co*uk ships with plain packaging or not? this would be a good place to send from- I also noticed that these guys have exactly the same sort of marketplace thing going on - they charge 5% to withdraw to a bank account though.

manolo12399 what country are you in, do you not have an amazon where you are?
 
mmm you may have a problem. Sorry but blackhat bank accounts are not my thing, but there are guys on this forum that do that sort of thing. Try searching for threads about the Ebay partner network, I'm sure I've read stuff there about setting up U.S. accounts for that.
 
hi thanks, i will have a look thanks a lot.

at least here there is Paypal, and his something.


Thanks
 
humm isaiahz, lets say your gonna go into a new niche, say... sound equipment.
How would you do your research to find a good dropshipper?
 
sweet! yeah, with ebay now out of the question, amazon seems like a great alternatives

now, you say makes 10,000 how much of that is your actual take home page? are you like selling 9k worth of stuff, paying 500 in fees, then just making 500 after everything's said and done?
 
Last edited:
Great post, got some ideas with this but the potential is there with some research..have sent you a PM with some questions also..:)
 
Advertise on BHW
Status
Not open for further replies.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top