B
boring-friday
Had a few people pm me asking me how to dropship, I'm a long way off a expert and only done it as a sideline but there's definitely decent money to be made with zero startup cash (if your paypal isn't holding money anyway).
I've put mine on hold as I've hit the vat threshold and don't have the time to sort it out at the moment, can still be profitable after registering for vat or if you want to stay below you can easily hit 10k profit.
You can find the items yourself but I just search out dropshippers on ebay, they're easy to spot as the sale prices are always random like £8.77 as they're using repricer software and they have 1000s of items. Then I put their ID in teraspeak which is quite expensive but they have a 7 day trial so if you're tight you can just cancel and use another card.
I take any of their products selling more than £50 per month. You'll notice that most of them are just exporting the products from amazon with the exact same title. There's 2 reasons you don't want to do this:
1. it makes it even more obvious you're just selling from amazon- some customers get irate if they notice you doing this.
2. you want to make good use of the title, search for similar listings and mix the top few together so that you have as many keywords as possible that people are searching for.
Then once you have your items listed you need to find repricing software, loads of different options if you search for it. They just link between amazon and your account and keep it so that you're making a certain profit %. You can also get software that does the orders on amazon for you, I personally have a virtual assistant do all of that which works out cheaper.
When any buyers complain about me selling from amazon I just tell them that I use amazons fulfillment service and most are happy with that.
If anyone wants to return it then you can get amazon to pick it up and they'll refund you too.
Your amazon account will get banned at some point if you're using prime but you can just make a new one and use a new card or vcc and then you get a month for free anyway, they aren't hot on checking for duplicate accounts like they would be if you're a seller.
I've put mine on hold as I've hit the vat threshold and don't have the time to sort it out at the moment, can still be profitable after registering for vat or if you want to stay below you can easily hit 10k profit.
You can find the items yourself but I just search out dropshippers on ebay, they're easy to spot as the sale prices are always random like £8.77 as they're using repricer software and they have 1000s of items. Then I put their ID in teraspeak which is quite expensive but they have a 7 day trial so if you're tight you can just cancel and use another card.
I take any of their products selling more than £50 per month. You'll notice that most of them are just exporting the products from amazon with the exact same title. There's 2 reasons you don't want to do this:
1. it makes it even more obvious you're just selling from amazon- some customers get irate if they notice you doing this.
2. you want to make good use of the title, search for similar listings and mix the top few together so that you have as many keywords as possible that people are searching for.
Then once you have your items listed you need to find repricing software, loads of different options if you search for it. They just link between amazon and your account and keep it so that you're making a certain profit %. You can also get software that does the orders on amazon for you, I personally have a virtual assistant do all of that which works out cheaper.
When any buyers complain about me selling from amazon I just tell them that I use amazons fulfillment service and most are happy with that.
If anyone wants to return it then you can get amazon to pick it up and they'll refund you too.
Your amazon account will get banned at some point if you're using prime but you can just make a new one and use a new card or vcc and then you get a month for free anyway, they aren't hot on checking for duplicate accounts like they would be if you're a seller.