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Journey - Dropshipping, wholesale, ...wherever the money is!

Discussion in 'My Journey Discussions' started by deanmon, Mar 25, 2015.

  1. deanmon

    deanmon Newbie

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    Hello all. Like most here I've been stalking the forums for a while off and on. Its an awesome place to find some inspiration and get your mojo back up.

    Now me. Been doing the eBay thing for about 8 months now. Had some issues during x-mas, and it knocked 2 of my 3 stores to below standard. The issues were partly on me partly on the dropshipper but I could have minimized them with a little more attention. So I am trying to get them back to above standard. I have some master resale rights books and I'm hoping to use that to get my numbers better. I'm trying cell phone covers to see if that helps. I was so desperate I even sold some fitness dvd's from China for 2 weeks, Made about $1,500 profit before eBay shut me down. God if ebay gave me a month with that I could make 10g's but I'm a couple years late to that party.

    Dropshipping is useful but the upfront cost can be hundreds of dollars. After doing it for a year, I'm not sure is worth the cost from January to September but you can make some good dough during Christmas season. In 2 weeks I have to decide whether to pay $700 bucks to keep catalog access. Not sure which way I'm going to go on that.

    I have moved to using some China suppliers where the profit margins are much greater but the items can be a little sketchy. eBay is a huge market but they can cut your throat at anytime so I am also trying to build a website. I have been using CB for a while. Made a couple hundred dollars over the past 3 years but I think I can do better.

    A lot of irons in the fire.
    I hate doing the job that people pay me for so I focus on IM.
    My goal is $100/day by May 1st.
    Currently I'm at $20. So no pressure :)

    Cheers
     
  2. nico21

    nico21 Newbie

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    Congrats on taking the plunge! I also am doing the same.

    I'll keep up with your thread!
     
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  3. kekmaw

    kekmaw Junior Member

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    Good luck, looking forward to follow your journey!
     
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  4. asap1

    asap1 BANNED BANNED

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    Good luck on your journey OP
     
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  5. deanmon

    deanmon Newbie

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    So eBay has lowered the limits on my store. I'm quickly heading down to zero if I don't start making some perfect sells soon. Hoping the ebooks can save me. Not overly concerned about eBay. Don't love the fact they can end your career at any point with very little recourse (not including the myriad of stealth techniques to get back in).

    My advice use eBay to get familiar with e-commerce and then branch out as quickly as you can. As long as you are getting all your profits from Ebay, you are in a very precarious situation imho

    Meanwhile I have decided to hold off on reupping with my dropshipper at this point. I have turned my focus to some of the social platforms to make some affiliate sales. Using a less heavy handed technique to see if I can get some soft sells through to the masses.

    Still waiting on my shipment from China for my covers as another way to try to save my eBay stores. As you can see you need to be in constant motion if you want this life...and I do!!!
     
  6. herotest

    herotest Registered Member

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    Will be following this thread. Good luck with your journey