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So here`s a quick guide how you can make money on Ebay or Etsy.
Ebay :
Probably like most of people first thing comes to mind is dropshipping. So how do you start dropshipping on ebay?
Easy, first you create account, verify it and do everything to be able to list products. Secondly just find something on Aliexpress / Other stores, list the product, add the profit price and your done.
Long time ago I listed for fun 1 product which was globe with a rose inside, that product was very trendy years ago, and I just listed that 1 product and someone from US bought it for 20$ profit. USA markets are saturated, even with Language barrier is more profitable if you wanna go this route is to do non US/UK Amazon dropshipping. Competing in US/UK is huge competition meanwhile countries like Germany or France you can easily resell Amazon daily use products and others with 1-5 euros profit without much competition. Another less used tactics is to dropship from some less known stores. USA/UK is filled with products from walmart, etc etc, like all kinds of consumer goods, from desks to pampers. There is Ebay research tool called Zik Analytics. I believe it offers 7 days trial for 1$. What it does, you look for sellers on ebay, enter name in Zik Analytics and amount of products they sold and profits are displayed, this is must have tool for ebay dropshipping or just some scouting before thinking to dive in the business or not. Remember, everything is dropshipped on ebay. From Aliexpress to Walmart to Amazon.
Now downsides. Ebay support is very low, to get connect to higher tier support you gonna have to hear a lot of "No we cant help" or your account closed for whatever reason. Key is to get connected to the manager, they sold the issues. Other bananas on the line can`t do anything and will not do besides telling you nothing. In past when I did Ebay, I had been locked, banned, etc etc, how many times. Hours of calling, waiting, speaking, taking a 5% chance to get connected to friendly manager who will fix your issues. If someone is already doing ebay, or wants to start it. Be prepare for calls. You will need google voice USA number, which you gonna be able to get calls to or if skype for free calling and receiving calls, skype number costs 5$ or so, but google voice is free.
Overall, if you have some advantages. Or if you are in EU countries like Germany, France and other, you can easily make couple thousand euros by reselling from Amazon. But they require to get a company or sole proprietorship, or whatever to pay taxes so keep that in mind. Ebay is more of, numbers games, more sales less profit unless you can pull off some quality product that nobody can steal and undercut you. Everyone is using zik analytics and everyone is competing for best prices to get the most sales.
Ebay :
Probably like most of people first thing comes to mind is dropshipping. So how do you start dropshipping on ebay?
Easy, first you create account, verify it and do everything to be able to list products. Secondly just find something on Aliexpress / Other stores, list the product, add the profit price and your done.
Long time ago I listed for fun 1 product which was globe with a rose inside, that product was very trendy years ago, and I just listed that 1 product and someone from US bought it for 20$ profit. USA markets are saturated, even with Language barrier is more profitable if you wanna go this route is to do non US/UK Amazon dropshipping. Competing in US/UK is huge competition meanwhile countries like Germany or France you can easily resell Amazon daily use products and others with 1-5 euros profit without much competition. Another less used tactics is to dropship from some less known stores. USA/UK is filled with products from walmart, etc etc, like all kinds of consumer goods, from desks to pampers. There is Ebay research tool called Zik Analytics. I believe it offers 7 days trial for 1$. What it does, you look for sellers on ebay, enter name in Zik Analytics and amount of products they sold and profits are displayed, this is must have tool for ebay dropshipping or just some scouting before thinking to dive in the business or not. Remember, everything is dropshipped on ebay. From Aliexpress to Walmart to Amazon.
Now downsides. Ebay support is very low, to get connect to higher tier support you gonna have to hear a lot of "No we cant help" or your account closed for whatever reason. Key is to get connected to the manager, they sold the issues. Other bananas on the line can`t do anything and will not do besides telling you nothing. In past when I did Ebay, I had been locked, banned, etc etc, how many times. Hours of calling, waiting, speaking, taking a 5% chance to get connected to friendly manager who will fix your issues. If someone is already doing ebay, or wants to start it. Be prepare for calls. You will need google voice USA number, which you gonna be able to get calls to or if skype for free calling and receiving calls, skype number costs 5$ or so, but google voice is free.
Overall, if you have some advantages. Or if you are in EU countries like Germany, France and other, you can easily make couple thousand euros by reselling from Amazon. But they require to get a company or sole proprietorship, or whatever to pay taxes so keep that in mind. Ebay is more of, numbers games, more sales less profit unless you can pull off some quality product that nobody can steal and undercut you. Everyone is using zik analytics and everyone is competing for best prices to get the most sales.