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NOOB

Discussion in 'Making Money' started by JesseB, Nov 21, 2016.

  1. JesseB

    JesseB Newbie

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    Hello, I just have a question.. I am starting out "dropshipping" on ebay and basically what I do is ill buy a product from amazon and resell it fon ebay.. anyways my question is how much would you sell it for?
    lets say I buy a product for 20.00 and the shipping for them is 6.00 how much more would you charge for the product and the shipping for a healthy profit. I dont want to make it too expensive.. but i just am not sure if ill sell anything if it make it too expensive and if its too low Im not sure how much money ill make.. anyways if anyone has any advice.. or personal experience on this anything would help!!

    Thanks,

    Jesse
     
  2. cuerVo

    cuerVo Newbie

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    I was gonna try that method myself. But here's the thing;

    - More than 80% of the products sold on Amazon are ALREADY on eBay for competitive prices.

    So lets say you want to buy a car seat for babies that goes for $60 on Amazon (including shipping)
    You check eBay type the name and model in search and it's selling for $80. Then your best bet is to list it for $79.99 to beat your competition. (Why would anyone pay more if other sellers have it cheaper?)

    Problem here is there are eBay fees involved that you have to keep in mind;
    Sale for $80 -> ~$8 eBay fees (10%) -> ~$3 PayPal fees (3%)
    $80-$11 in fees = $9 NET PROFIT

    I looked up popular items on Amazon and checked eBay as well... All of those 5 products (after eBay fees) made me no profit. I don't know if I'm looking at the wrong items but the most I could make was in one item about $5 per sale, which is almost nothing considering you have to spend a good 5 minutes placing the order and copying the address over and then SOMETIMES dealing with returns which could be annoying...

    So with all this said, good luck but this idea is saturated in my opinion. Maybe if you get lucky and find a profitable product you could make some decent money. Personally I'd aim to make at least $10/sale for this method to be worthy my time.