*DROPSHIPPING QUESTION*


yacko
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19 Oct 08 01:00:47 am
Okay, So to start dropshipping I don't need a startup investment. I can start making money right away if i sell my stuff on Ebay?

) As auctions (


fudjj
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19 Oct 08 01:10:11 am
That's the theory, but I would suggest you do some serious research. Ebay is a competitive market place, and you are not the only one there drop shipping products.

Remember to factor the price of you listing, and any other factors that are going to impact on your margin before listing, or you could quite easily end up loosing money real quick!


Mark (fudjj)

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yacko
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19 Oct 08 01:15:42 am
How can I loose money?


fudjj
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19 Oct 08 05:32:49 am
You need to factor in all your expenses, listing fees, selling fees, the lot, including the cost of your item.

That will give you a base line to see what your total cost is, then you need to compare other sellers to see if you can make margin.

Most will drop ship products on a Buy It Now auction, because you stand to loose money if you kick your auction under valued.

You also need to consider your expense in the event that the item doesn't sell, that is a weeks listing fee already gone, so then you are already behind the eight ball trying to recoup your money.

It's not all plain sailing, I would be getting as much advice from drop shipping members as I could, because there are serious pitfalls you can end up breaking your financial in if you're not totally researched on the topic.

Remember, it's you the seller that stands to loose money if it doesn't go as you plan, not the drop shipper. It's also you the seller that has to provide customer service to your buyers, not the drop shipper.


Mark (fudjj)

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xmartasia
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20 Oct 08 12:34:58 pm
hi i'm really new to ebay...i just try and error. i've just started to sell stuff on ebay using dropshipper product...at first i just list anything that come to mind...and i am quite lucky i have made my first sale...but today i receive invoice for outstanding ebay fee.........which is a lot of the fee come from the item that i list that did not sold. i don't know this thing going to happen for unsold item....i still does not pay the outstanding balance total to $150.....how can i avoid listing fee in the future??


designerthriftshop
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20 Oct 08 06:50:31 pm
You cannot avoid a lsiting fee. Ebay charges it even if your item does not sell. Plus they will charge you a final value fee when your item does sell.


fudjj
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20 Oct 08 08:32:08 pm
You have just fallen into one of the pitfalls of drop shipping, not setting your margin correctly.

When you are going to drop ship a product, it's like anything else you are selling. You have to take into consideration all of the factors in play, price of the product, listing fee, final sale fee and any other cost that is going to impact your sale.

It all adds up, and you can easily find yourself out of pocket if you don't do your sums at the start, as you are now experiencing.


Mark (fudjj)

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xmartasia
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21 Oct 08 12:21:52 pm
but i won't let myself down with this problem. I want to go and make fortune with ebay....as i have make first sale ....huhu. Thank you for your advice. Do teach me for what that i don't know. I'm learning from my mistake


 

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