Is there a way to dropship on Amazon?
So
in this article I'm gonna be taking you
through
my experience of drop shipping
on Amazon for a whole week I'm only
showing exactly what I have listed exactly how much I got it for and how much
money I make I mean even gonna go through the exact numbers of what they did in
sales something that rarely ever gets shown in that's exactly how much profit I
make obviously,
Spending money
I'm spending a hundred thousand
dollars a month to make a hundred thousand dollars a month that's worth nothing
and in e-commerce we call that vanity numbers and that's really just for sale
sometimes you just see these
entrepreneurs making a hundred
thousand fifty thousand dollars a month but you never actually find out how
much actual profit are they making so in this video I'm gonna be breaking down
all the numbers exactly why I spent how much everything cost me and how much
did I actually take home after all the sales
Mistakes
I'm gonna be telling exactly what
the mistakes I made how can you learn from this mistakes and if this may be
something that you would like to start for yourself so make sure you
stick around for the entire video to
learn exactly what I went through so that you can get a better idea what actually
is drop shipping on Amazon and I won't need you to do one thing for me right
now
you can go straight on to the Amazon
page and you can find items that are not prime sellers the next thing is to go
through and figure out which ones are not sold by FBA or by Amazon either
because you do not want to compete with them always you could be facing
possible suspensions
and you probably won't get honestly
even make probably a profit on it because you can't compete with people and FBA
you see on margins so after about three hours I finally came across my first product
the first product that I could make money off I think it was around
three dollars and 23 cents and what
did I find I found a Swiffer a special type of Swiffer that I could make some
money on so I listed that straightway hopeful that I would make some sales on
that so waiting for my money to come in problem was by Devin I had only listed
one product this was taking away than I ever thought it and eBay it was fairly straightforward
you could just find sellers that already selling good products find out where
that is and then list that too and compete with them Amazon not as easy de - I
did a lot more research in I researched for another
couple hours find products that
could make on I kept switching between
different categories to see if that would
help still took a long time and I think that's just the nature of the game this
one in this business model you don't look for I guess a you know quantity you
look for quality and that's the name
of the game so by the end of day 2 I had
found another two products that I
could sell it was a stepladder and of coffee machine the craziest thing here
which I didn't think would actually work is that the coffee machine that I
found online and that I actually found later and warmer I could get an $18
profit margin on it so for me I thought that there must be something wrong with
it probably won't sell but let's just list it in case because I've been so for
three hours now I'm so done so let' just
list this and get this going so da three
comes up I wake up in the morning check my emails and I made a bunch of
cells I can't believe it I mean
three hundred and eleven dollars and cells in one night and guess what the
Swiffer was doing me right because I had sold that
thing over five times.
Backfired on me I saw that my
Swiffer sold about five times within the ten minutes I thought well that's just
crazy maybe I should just start fulfilling right now to keep on top of it so
that's what I did except when I go to Walmart guess what it was sold out big
mistake I sold out five times within just 10 minutes and in that 10 minutes I
hadgone sold out so now I was already in
trouble and in Amazon you can't
actually cancel what is yourself that will hurt.
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