Wholesale & eBay Forum General Selling Advice & Tips Percentage rate to apply for profit

Percentage rate to apply for profit


malva
Full Member
  • Posts: 152
  • Joined: 17 Apr 10
  • Karma:
8 Aug 15 04:00:05 pm
What would be the percentage to be applied to products to make a profit?


_assagers
Directory Approved Supplier
  • Posts: 47
  • Joined: 29 May 15
  • Karma:
9 Aug 15 08:01:58 pm
Hi malva,
Each person has their own methods and philosophy about this,, but I'll share my opinion. When I first started selling if I could sell the item and not lose money, I was happy. Building a selling account takes time. You need sales and feedbacks. Also, depending on the market, you have trial periods where your funds are not released until AFTER the product is received by the buyer. In those cases you need cash to buy the product from your drop shipper.

After my account and listings got established, I made small increases to the price until I reached the maximum amount that the item would sell for. Again, it goes to your own philosophy. As an example, do you want to sell 10 units a day at 3.00 profit or 5 units a day at 5.00 profit? Pricing is a delicate balance. Its more art than science.

If you are drop shipping, be happy to make a very small margin. You're not out anything but your time. You're not physically storing or shipping anything. You're pushing buttons on a keyboard and making money!

With the drop ship model, start with one product and keep adding until you reach the number of listings it takes to feel like you're making real money.

I hope that this helps you and I invite you to become a seller for my products too!
Ruth


_assagers
Directory Approved Supplier
  • Posts: 47
  • Joined: 29 May 15
  • Karma:
9 Aug 15 08:02:19 pm
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malva
Full Member
  • Posts: 152
  • Joined: 17 Apr 10
  • Karma:
9 Aug 15 10:48:25 pm
Hi

I don't speak English. I use Google translator..
Thank you for your response! My website is 4timestore.com I asked this question because I am not generating traffic to the website .. Ebay is a competition for its prices too low .. What is your website?

Thanks


william232
Full Member
  • Posts: 208
  • Joined: 19 Oct 08
  • Karma:
10 Aug 15 07:45:06 am
Hi,Malva,

There is one thing i want to point out and just because pricing on ebay is so competitive have you tried not using brand names in your titles of your items your selling on ebay.

i am happy to share more tips and tricks.feel free to contact me


w_nattapong
Full Member
  • Posts: 2
  • Joined: 19 Aug 15
  • Karma:
7 Sep 15 03:22:13 am
Hi, William232

Please share your tips and tricks to me, too. I stuck in this problem for long time.

Thank your.


 

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