My Ebay Dropshipping Journey log

manifo1d

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OK. So I've tried this once and found great success also I had very many mistakes.

I'm opening 5 different accounts selling different products on each account.

Linking it to one paypal at the moment.

I'm starting with 250 dollars. So far I've made around 2-3 Sales so far. I will post metrics soon.

Only thing thats messing me up is the paypal hold. Everything else is go however.

My end goal is to do around $700+ a week in volume of sales. Target profit is from 20-60% depending on how low I can the price off.

I'll also be sourcing locally as well so not 100% dropship but it will be a main source of revenue. This log is used to motivate me to work harder and longer.

ee8165K
 
Allready following. Im on ebay also. I make some money with ebay but margin is low. What category you concentrate on ? Also you buy these products locally ? Thank
 
Allready following. Im on ebay also. I make some money with ebay but margin is low. What category you concentrate on ? Also you buy these products locally ? Thank
Every category.

Yes a little bit of retail arbitrage only to reduce the cost of shipping it to my house if its on a deal near by.
 
Nice journey. How long does PayPal hold the funds for? Do you buy the products before or after you sell it on eBay?
 
Nice journey. How long does PayPal hold the funds for? Do you buy the products before or after you sell it on eBay?

After. I'm not sure. When I started before after I had sold some items they quit the 21 day hold and It was instant.
 
How much profit you got till now?
Nothing because I just got started but it varies. Depends on how big the rip is. I sold things around the house to get started but I got around 30% profit on this one sale so far.
 
Nice Journey My Friend Soon you Are going to have more success :)
 
So to understand... You sell from local market. All products is new or used? thank
 
Today I'm bidding on extremely cheap items to help bring up my feedback on all accounts. Ebay has a limit on how many things you can bid on but oh well. Play the hand you're dealt.
 
So to understand... You sell from local market. All products is new or used? thank

Both. If its a good deal that I know I can make a return I'll get it and list it. The turn around time is longer but a sale is a sale.
 
I'm considering doing this with a low APR credit card that requires a deposit to help get started faster rather than just waiting for funds to build.
 
One of my deals sold but the price increased before my funds cleared on my paypal to buy it. Oh well I renewed my listings and should get another hit.

That deal would have made me around 20-30 dollars.
 
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