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New product first sale! $250 profit(Dropshipping)

Discussion in 'Making Money' started by Shibbi90, May 12, 2017.

  1. Shibbi90

    Shibbi90 Regular Member

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    Hey!

    This is nothing but a bragging thread :D

    I started selling a new product on a similar site to Amazon in my country about 1 week ago and I just made my first sale :) Product sold for $700 and my profit is $250. Let's see if I can get a few more sales! I have one more potential customer atm.
     
  2. transitarea

    transitarea Senior Member

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    Good.
    You mean it is a local company and not a global one ?
     
  3. renzzzzzo

    renzzzzzo Registered Member

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    Very nice man! Congratulations!
     
  4. Shibbi90

    Shibbi90 Regular Member

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    That's right. But you could do this on any similar sites like Amazon and Craigslist.
     
  5. Blakester

    Blakester Jr. VIP Jr. VIP

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    You'll see it for sure!

    Keep working until you become numb to those checks :)

    Congrats
     
  6. MisterF

    MisterF Jr. VIP Jr. VIP

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    Very nice ROI there.
     
  7. speter178

    speter178 Junior Member

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    Congratz on your first sale! What a profit!
     
  8. Shibbi90

    Shibbi90 Regular Member

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    Thanks :)

    Thanks, I will!

    Thanks :) The profit is good, even tho I gave him a $200 discount!

    Thanks :) + What I told MisterF
     
  9. speter178

    speter178 Junior Member

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    Isn't giving discount risky? Maybe amazon suddenly blocks your account and you'll loose the money. Am I right? I'm not sure.
     
  10. Jayzzz

    Jayzzz Regular Member

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    Nothing to brag about with one sale. Maybe you just got lucky.
     
  11. TGlev

    TGlev Newbie

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    Congratz!
     
  12. Shibbi90

    Shibbi90 Regular Member

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    I'm not using Amazon, but a similar site in my country. It's normal to negotiate the price on that site.

    You have to try harder to push me down, buddy :) First sale in 1 week is not bad with $0 expenses. Not a single ad. I'll update the thread once I get more sales!

    Thanks :)
     
  13. krhnsfk

    krhnsfk Junior Member

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    What payment method did you accept? Last time i tried selling 2 digital games i got scammed thanks to ebay/paypal.
     
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  14. Shibbi90

    Shibbi90 Regular Member

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    I used bank transfer. The site also has a safe payment solution but I didn't want to use that since I won't get the money until the buyer receives his product. Need the payment upfront so I can use that to buy the product.
     
  15. krhnsfk

    krhnsfk Junior Member

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    Possible to tell me wich site you use via pm?
     
  16. Shibbi90

    Shibbi90 Regular Member

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    I don't really see the point unless you are from Norway. But if you're still interested then feel free to PM me.
     
  17. superduper7

    superduper7 Regular Member

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    congrats
     
  18. king master

    king master Jr. VIP Jr. VIP

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    Keep good working ,, 10 sales / month = 2500 profit ....
     
  19. bartono

    bartono Regular Member

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    Do you use Aliexpress for drop ship? Do you have a website? I know that Norway is not cheap country and many things so expensive. For example dog puppies in my country cost 300-500 euro and in Norway 1000-1500. Good profit, no?
     
  20. Shibbi90

    Shibbi90 Regular Member

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    Another sale, this time no discount. $900 sale = $450 profit :)
    Jayzzz still luck?

    Thanks :)

    I'm happy for each sale at the moment. If I get enough sales this way then I will set up a new company and ecommerce to sell the product. I have talked to the fabric and it's possible to get my own version of the product with my own brand if I buy 10 units or more. With that method, I should be able to sell more than 10 products per month with some ads.

    I use Alibaba. Bought the product myself first and tested it. Was really happy with the quality. It's easier to sell something you believe in than just a random cheap product with high margins that you found on aliexpress. Put some work into it.

    As stated earlier, I use a similar site to Amazon/Craigslist. It's free.

    Yes, everything in Norway is expensive. But my selling price is still pretty good compared to other resellers around the world. Find a good supplier and you can negotiate the price.
     
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