Hello Folks,
It has been a LONG time since I have posted here. I am very sorry. I wish I could say it was due to anything but selfishness but it is not.
My eBay sales have been very consistent. No, I never quite my day job as I was hoping but I really don’t see why. I have streamlined my eBay selling so it take little of my time.
I do all my shopping for items to sell on eBay once per week and I list once per week (scheduled) as well. With all this, I have gotten lazy! Posting on this blog seems less exciting when I am not at my computer as much. Sorry.
The good news is I plan on sharing my success through the Holiday season so I should be, at least temporarily blogging here.
Yes, I still use dropshipping sucks and still try to promote that on this blog.
Here are some quick numbers:
I am now averaging $450+ per week in profits on eBay.
I am now averaging $700+ per week in sales on eBay.
I am now selling around 20 items per week on eBay.
The only downside is that I still have found very few long term items. But that is ok, I like shopping for new things to sell.
Well, WISH ME LUCK and the same to you. I will start blogging here frequently soon for the holiday season.
It has been a long time since I have posted here and I am sorry. I am continuing on my journey through eBay and I think I have peaked. I am doing well. I am making money. I still give great praise to Drop Shipping Sucks (please use my affiliate link).
The problem I am having is expanding. I am at a critical point. If I want to expand my eBay adventure I am going to have to work much harder and many more hours. I am going to have to look for new niche items and I am going to have to really ramp up my sales.
As I have played with in the past, I am SERIOUSLY considering venturing outside the bay. I think this would be the easiest next step. Looking where else I could sell, not what else.
I really have not established a solid niche for myself. I have kept with selling anything I could buy cheap. But I think the light in that is that when buying cheap I can sell just about anywhere. After all, if I can sell on eBay I can sell on Amazon and other places, right?
Well, I have been running my “Have You Made Money on eBay Using Drop Shipping” poll for a few weeks now and I am both surprised and also not surprised.
I am surprised that 6 people have said YES that they have made money on eBay using a dropshipper. I am not surprised that more than 2x that amount, 14 people, have said NO that they have not made money using a dropshipper to supply their eBay auctions.
But I am curious. I want some people who answered yes or who answer yes to submit a comment and let us know how you did it. What product you sold, what drop shipper you used. You don’t have to tell everything because nobody wants others stealing their sources.
I am very interested. Drop shipping did not work at all for me with DOBA or anyone else. I now subscribe to Drop Shipping Sucks (please use my link).
So, if you are an ebay seller who has successfully used drop shipping please comment and let us know! Thanks!
What a great time of year this is. Not only are people buzzing with the spirit of the holidays but people are shopping like mad!
My eBay sales have indeed rocketed even with the increased competition. There are definitely more eBay sellers right now.
I have been able to sell tons of toys I bought throughout the year (using DropShipping Sucks). Ok, maybe not tons. But in my eBay stats the “Sold” shows 89 and the profits have been around 10% higher than usual.
On the other hand, I have had a lot of trouble selling the “Lost” merchandise I have. I was able to buy some stuff related to the TV show “Lost” for a very low cost. I assumed it would sell much better than it has though. I will probably need to hold on to it until the show is back on in Jan 2009 though. It is just not selling.
One thing that is selling really well are the wireless cameras with wireless montiors I bought. They are selling consistantly for over $65 which is far more than the $18 I bought them for a few weeks ago! Also, all the toys I have are flying off the virtual eBay shelf.
But toys, as expected, are doing the best. The Little Pet Shop toys I got are going hot although I do not make as much on those. Also going hot are the Nintendo Wii knockoffs. No, they are not just like the Wii but they are close and for the selling price of $60 they are a deal (so buy some!).
I have to run. I have to get to the post office before work. Wish me luck and the same to you!
Ok, it is like 5:00 in the morning. I just woke up to some news that is going to make you very happy. That product finding tool that I wrote about in the blog recently and that I have had the privilage of beta testing has been released.
Unfortunately for me, there is no affiliate program yet so I will not be able to make a commission if you go there and order. But since I got the software for free I guess I will not pout too bad. But if you want to wait to order it until you can use my affiliate link I will not complain either.
The site is www.bettersources.com which is kind of weird because that is the name of his guide that he sells at his drop shipping sucks site (that one IS an affiliate link).
If you want a really cool way to find products to sell then I do recommend you give it a try. Maybe do me a favor and when you order send an email to Chris and tell him that you found out about the site from my blog. Who knows, when he makes his affiliate program maybe I will get the credit.
Well, I have to get to work. Yeah, I know, I still haven’t quit my day job. I am doing well on eBay but it is not stable enough yet for me to do it full time. I agree with all the comments I got that I need to have at least 5 – 6 months worth of bills in savings.
Last Thursday I got a surprise email from Chris Bernard. He is the author of the Drop Shipping Sucks guide I always praise. And it seems like my public praise has paid off big time.
Chris is releasing a new product finding tool to supplement to his guide and I get to be a beta tester. I have never been a beta tester for anything before, so I didn’t know what exactly I was supposed to be looking for but I will tell you right now that once this tool is released it will make finding products to sell on eBay a breeze.
When I run the tool, a tool which apparently has no name yet because Chris keeps calling it “my tool”, I am taken into something that looks like my web browser. It isn’t pretty, just a basic looking web browser.
But at the top, there are all these types of searches I can do to find products to sell. I just enter what I want to find and click the search button and I see the products and can order them. It is really cool!
If I want a plasma tv to sell, which is a bit out of my league still, I just enter plasma tv into the search box and I can find plasma tvs all over from wholesalers, and importers, and even drop shippers which is really surprising. The tool does reccommend you not use the drop shippers when I click on them though.
Anyway, I just wanted to post to let Chris and other people know that this tool is really amazing. I like it better than my World Wide Brands membership and I got this for free.
Chris, this is awesome. You have done it again! How much is this going to cost? I am hoping you will have an affiliate program for this too as I want to be able to refer people to this the same way I refer people to your guide.
As those of you who read my blog know, I am doing fairly well on eBay but have decided I am not ready to quit my day job yet. In fact, a slow week last week on eBay verified my need to build up a savings first. No, it wasn’t a terrible week, but I was expecting a great week and ended up with an ok one.
The good news is that I did find a way to increase my eBay hours without taking any time off work. THE WIFE!
My wife loves to shop. So, who better to be the buyer for our eBay business? I do like to shop to when buying products to sell on eBay, but she really seems to love it. I had her read the guide and she was already aware of most of the ways I was finding products.
I think in the end she will be better than me at buying products, but right now she has been a little too hesitant. She enjoys it greatly but is constantly asking me questions. Not that I mind the questions but I think she has the “Drop Shipping Sucks” concepts down pretty well.
Her first purchase was some Nintendo Wii Remote shaped candy. Actually, the candy looked like little CDs but the dispenser looked just like a Wii Remote. Normally I do not like to share what I am selling since I have heard that many people will have no ethical problem just copying your auctions but in this case it was a one-time sale.
The candy dispensing Wii Remotes were bought for $0.55 each and she bought 24 of them. So, our investment was about $13 or so.
I was excited to see how her first try would go and it went ok. Very similar to my first try. She made a few bucks and we had some leftover Wii Remotes.
In fact, we sold 13 of them total for a net profit of $27 and some change. The eleven Wii Remote thingys we had left we gave to our local Goodwill Store. So, not a bad first try. $27 profit.
But I didn’t want to keep listing them as other eBayers seemed to catch on to this quickly and suddenly we were not the only ones selling these candy dispensers. I think there are still a few selling on eBay.
Now the wife is on to buying more and better products. I will let you know how it goes.
It has been so long since my last post that I bet some of you might be wondering if I suffered the typical death of an eBay seller.
NOPE.
In fact, things are going strong and I have been reaching many of my goals, still using the Drop Shipping Sucks guide to find products to sell.
I now have gone from my starting loss to a profit of over $3300 so far. It hasn’t always been easy although a couple of times it has. Most recently while using the drop shipping sucks methods I stumbled across a sale on DVD +DL disks. These are like DVD+R discs, recordable, but they have double layers which mean they hold 2x as much data. As it turns out, these are a pretty hot commodity on eBay and fetch over $1.50 per disc on average.
I was able to find a great clearance sale on them for $5.99 for 25 discs. I promptly bought 23 packs of them, which is all they had left. I was able to sell them on eBay with a BuyItNow of $22.00 and free shipping. In the end I netted around $12.50 per pack and sold all 23 packs within 5 days. It was a nice little week for me indeed!
Now, I am looking into something called Sky High Auctions which looks promising. I have ask Chris (author of the Better Sources Guide) about it and am waiting for his response. If I do join the program I will be sure to write a review here. It “promises” to teach me everything about eBay selling. Since I already have a great way to find products it would be nice to have some serious selling training as well.
Wish me luck! I will write again soon. Much sooner than the time between this post and my last one.
I decided to try something new today. Since I have started getting a few comments now I thought I would ask you for your experiences using drop shipping on eBay. Some of you may have good experiences, most of you probably have some drop ship nightmares to share.
If you read through the history of my blog you will see that I started out with a drop shipper called DOBA and have since dropped drop shipping completely and am currently using the methods taught at “Drop Shipping Sucks“.
If you have some good and bad stories about your drop shipping experiences, especially when dealing on eBay, let me know them and I will publish them here.
My status is still strong. I have recovered from my telescope selling nightmare where I sold a telescope for $1 on a buy it now auction. Ooops!
Thanks in advance for your comments and drop ship stories. Wish me luck!
Ok. I cannot believe what prompted me to write this today, I GOT BURNED by someone using drop shipping. Well, at least I am 95% sure they were. Here is the situation.
I was buying a cool little novelty lamp on eBay and got what I thought was a great price – under $10. I was very pleased and the seller had good feedback rating of 98.2% with many feedbacks. So, I was excited and paid right away with PayPal as I always do.
Then, about 2 – 3 hours later I get an email from the seller stating they cannot complete the transaction because they are out of stock. How could they be out of stock, they listed the item for sale!!? So, I asked them what this meant.
“$14 is less than we can sell the lamp for as it is way below our cost and our supplier is currently out of stock. We meant to list this with a minimum bid of $30, we are sorry for the error. We have a similar lamp we can list if you would like to buy it now for $33.50 which is our cost. The total would be $37.50 with shipping. We hope that you will understand and will not leave negative feedback as we have already refunded your Paypal payment.
Regards,
Nick”
So, looks like a victim of drop shipping. But here is the question. Do I leave neg feedback? I really wanted the lamp and was excited to find a good deal, on the other hand I feel sorry for the guy and with my recent experience can understand his situation. Drop Shipping Sucks.
I will think about it.
The good news is most of my auctions are going strong. I did have a couple without bids but I am still in the PROFIT zone which is all I am trying to do right now. Consistantly profit.
