What should I sell to generate a profit of $1000 a month?


wtfatimehin
Free Member
  • Posts: 5
  • Joined: 06 Dec 10
  • Karma:
19 Feb 15 11:07:05 am
I want to to know if anyone has found a good product to dropship that generates at least $1000 a month. I am really good at building websites and directing web traffic so I can already cut out the middle man but I have no product. I not asking where I can get the products but Im looking for specific items that people have had success selling. The cost of product does not interest me ask much as the amount of items selling, I just want to be able to generate revenue. I need a more detailed approach then which categories to looking into dropshipping if you get my drift.

Any ideas
thanks,
Tayo


fudjj
Site Admin
  • Posts: 6496
  • Joined: 27 Jul 07
  • Karma:
19 Feb 15 09:57:45 pm
Hi Tayo,

I think you really need to rethink your current theory. When dropshipping, the cost of the product determines if you will find market at all, it's perhaps the most important factor of all to take into consideration. The number you have the potential to sell directly relates to the cost of the item itself.

What I mean is, I can say that one of the hottest selling items is of course the iPhone, but that doesn't help you if you can't secure at a cost price that will allow you to even compete, let alone a price that will afford you so many sales as to make a monthly margin like what you want.

You mention that you are able to cut out the middle man, but what you have to realize with dropshipping is that most dropshippers suppliers are in fact middle men. They have bought wholesale and are selling with their margin, so you're cost price has already got pressure on it and you're not cutting out any middle man at all.

I think you really need to learn a lot more about the dropship supply chain and the general online sales market itself because your current thinking isn't really going to cut it.

Cheers


Mark (fudjj)

Community Manager
SaleHoo.com

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wtfatimehin
Free Member
  • Posts: 5
  • Joined: 06 Dec 10
  • Karma:
21 Feb 15 08:39:37 pm
I dont think you understood the question, I have dropshipped plenty before and understand how dropshipping goes. I asked for ideas about what I can sell not about the way I think I am a verified seller on ebay with over 100% seller rating. The middle man I was talking about is ebay and amazon, using my own site will allow me to cut the fees from using their services.
I think you really need to learn about answering questions properly because insulting my intelligence isn't really going to cut it.


fudjj
Site Admin
  • Posts: 6496
  • Joined: 27 Jul 07
  • Karma:
21 Feb 15 09:54:12 pm
Hello Tayo

Let me start by saying that it was not my attention to insult your intelligence at all, I was only trying to assist. Now given that you have so much experience and do not appreciate my attempt to help, I'm obviously not going to offer any further advice in fear of causing further insult.

I'll just wish you good luck in finding the product you are seeking and leave it at that.

Thank you for your suggestion about learning to respond to members questions. I've only been in business for the past 30 odd years, have had multiple eBay power Seller accounts and currently run an international vehicle brokerage outside of my work here on SaleHoo. However, I am always willing to learn, so I will take your suggestion under consideration and make improvements on my, quite obviously poor communication skills where possible.


Mark (fudjj)

Community Manager
SaleHoo.com

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