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Your thought on this method

Discussion in 'Making Money' started by loginname, Jan 30, 2017.

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  1. loginname

    loginname Regular Member

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    This method is about buying stuff on ebay and list it for sale on amazon.com. Of course only when the user has bought it from me on amazon.com, I buy it from ebay, so I won't be sitting there with a huge warehouse with items I cannot sale.

    I did some research and find there was a huge price difference, saw among other things a knife that was priced $25 on Amazon and $9 on eBay, so the idea was to list it on amazon for $15, and keep the cut.

    If doable I thought I could have lets say 100 products listed on amazon.com, my goal is $100 per day. I'm a programmer by trade and is raving about making a script that finds the best deals automatically....

    any issues or problems you see?
     
  2. Masterofeverything

    Masterofeverything Registered Member

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    It will depend on the age of your accounts IMO. Paypal keep hold of the funds for weeks on end if your account isn't too old. Doable, as I know guys doing it, but it isn't easy - refunds are another nightmare.
     
  3. ebiz101

    ebiz101 Jr. VIP Jr. VIP

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  4. Gogol

    Gogol Jr. VIP Jr. VIP

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    I think people already do it. The problem you will face is the delivery time. If you are going to do it, make sure that the ebay seller delivers your product within 1-2 days..
    Also, Amazon requires you to provide your company tax number and documents that are needed to proof yourself as a genuine retailer of the brand you are gonna sell(In india, they take it.. not sure about US) . They also come to the logistics dept (atleast that's what happened to my ex-company) before going live. Not sure how you are gonna ditch that.
     
  5. loginname

    loginname Regular Member

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    Thanks for interesting feedback, that gave me something to think about.

    just to answer a few tings, my paypal account is like 10 years old, but would need to new accounts on ebay/amazon (had old account and forgot passwords, 8 years since I logged in).
    I'm not an US citizen, I live in Europe. as for supplier I only want to buy from reliable sellers, which can send the product directly to my customer.
     
  6. Array Experts

    Array Experts Jr. VIP Jr. VIP

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    Who Are Using This Dropshipping Method The Main Issue They Facing Is Delivery Time. & Also Refund Policy Is Another issue.
    The Ratio of Refund in india 5-7%.
     
  7. Gogol

    Gogol Jr. VIP Jr. VIP

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    Oops sorry :p What I said should apply for europe as well..
    Think twice before doing this. People will get angry once they find that their product came with a ebay sticker instead of Amazon. They will go online, check for that product in ebay and refund the order, as it was cheaper in ebay. I have done that myself lol(sorry, i am a terrible customer). Best option is to repackage it. or may be.. talk to a seller personally and make him dropship for you (but pretty unlikely.. why would he give you a chance to compete with him?).
     
    Last edited: Jan 30, 2017
  8. loginname

    loginname Regular Member

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    ok, but if product is bought from ebay it is (as far as I know) not sent from the ebay warehouse, but sent direclty from the ebay seller (I know he can put on a few ebay stickers). I have done something similar long time ago, but that was bit different. I offered funny t-shirts on ebay, when customer had paid me I registered the order at the producer and the producer sent t-shirt directly to my customer...

    I know there are some issues, but compared other issues in my life it seems like something worth investigating further to see if it is doable
     
  9. Gogol

    Gogol Jr. VIP Jr. VIP

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    I know that . Sellers often put stickers, duct tapes and even their visiting cards in the package. It will also have the invoice which clearly shows ebay..
    I think it is best to buy let's say 10 pieces from the seller and sell them until stock exhausted. If you not sure about the market trend, buy 3 for a start. Just keep it small at the beginning.
     
  10. loginname

    loginname Regular Member

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    I agree, if I start it is with 1 product that is very cheap, like $10, which I send direclty to customer from ebay. If I should get the items sent to me and then I should resend them from my country the cost would not make it worth doing, here it costs $1 to send a simple letter nationally, so it would eat up my cut very fast
     
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  11. ArtOfVaw

    ArtOfVaw Junior Member

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    You're not a terrible buyer, you stand out of the "commoners" whom we target when doing our blackhat/greyhat works.
     
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  12. Jonnyg13

    Jonnyg13 Registered Member

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    Its possible but wouldn't it be simpler to try and find a supplier for the products instead? You could use amazon's FBA service and send the goods directly to their warehouse in the country you are selling them.