New Years Nugget - for everyone in the dropshipping game - easy cash back method ebay azon

here is a little trick for you ecomerce dropshipping guys that i USED for years and not a lot of ppl use this method and might not even know about it so i thought i would do a quick post since i just helped another guy in the forum and came to mind.

If you are using ebay or amazon or etsy to sell and dropship products than this method wil work for you.


1. make sure when people ordering your products that they use the paypal portal or guest payment methos so all of your funds are accepted into your pp account and you will be using those funds to turn around and buy your dropshi products, this kind of goes without SAYING BUT I KNOW SOME dropship ppl are using various payment methods. so had to throw it in their..

2. make sure you have a verified pp account, and once you have a verified account signup for the paypal debit business card most ppl get accepted and they mail this out to you in 5 to 7 days it is not a CC and is only used against your balance so they usally give it out to anyone, this is not the PP cc card so make sure you only apply for the paypal bus. debit card only, ,

3. OKAY here is the money shot, use the card to get money back on everything you buy using it via CC off your funds balance...the simple method most dont know about is that PP will give you in form of credit to your account 1% cash back every month on every dollar you spend using the credit feature... once card is received and activated make sure you go into your pp acct and find the cash back feature, you have to turn this on in order to get cash back or they will not auto do it for you, have the 1% discount turned on in your account, goog this so you know how to do it right because they move the option around on their pages every so often..

once you have your card activated and the 1% monthly cash back turned on you can now use your debit card as credit for online purchases to make the dropship purchases right through your card and get 1% cash back into your account every month. this will usually cover any and all selling fees if your a big fish in the game.


for example, yoru on ebay and you sell iphones replicas or what have you at 300 bucks a pop, you only pay 200 at your chinese dropshiper and lets say you sell 50 knock off iphones for january so in your paypal account you should have about 15,000 minus paypal fees of course. you only pay 200 to your supplier so your cost will be 10,000 , when you pay your supplier your going to give them your paypal debit card and have them charge you via credit so it gets charged to your PP account and it gets logged into your cash back, now 1% of 10K is only 100 bucks cash back, well this isnt much your saying but say your scale your business up a bit, say your spending 100K now your getting 1,000 cash back in your account each and every month just for using the card. its free its easy and it is benefical for all dropshippers once it is scaled up and your spending alot


I would use this exclusively and get a healthy 2,000 back every month from paypal on all of my card purchases and this was all using money from the customers funds that were paying for there products....and yes i was making 200k in credit purchases every month in case your wondering I was heavy in the dropship products back in the day and made a nice living before i got into 100% IM which i love much more...so good luck... and HAPPY 2016

 

I have a PayPal business card and have gotten small cashback amounts. I like this idea, BUT my question is if I limit payment options for buyers to only PayPal, won't that turn a lot of buyers away who would rather pay by credit card or their bank cards? Or is there a way to route buyers through the PayPal portal where they can still use their credit cards?
Plus you'll have many people that don't have PayPal accounts at all.

I'm sucking pretty bad right now at my dropshipping attempt, buying from China/Aliexpress w/the slow shipping times has been a disaster, got some bad reviews, and the quality of cheap Chinese products sometimes questionable e.g. polyester clothing as opposed to 100% cotton. Nobody wants a polyester T-shirt/tank top. So I tried to streamline that by using Chinese/American fulfillment companies, speed up delivery time, but I figured it's too much trouble. Then I found Chinese warehouses in the USA but they have a very limited selection. Then I started doing online arbitrage which I'm afraid of copyright issues. So then I said I'll only exclusively deal with American wholesalers/suppliers, but I'm shit out of luck in finding a decent one with good profit margins.

My question to you is will you divulge where you found your suppliers to be turning around $200K in sales a month, which is pretty damn good?

Thanks

 

Not at all because PayPal also has the option to send someone and invoice.

If they choice not to use PayPal which 99% of eBay does, you can get their email address and send them an invoice where they can checkout as a guest and pay with any card they like...

 

Worldwide brands is a great site for finding sources