Hey, I've been dropshipping for about a week or so now, and finding it really difficult to make any form of profit of items that's worth it. To put in perspective I've probably found 4 items so far that make about £5 ($7.64) profit when all the Fees, VAT etc has been included. Fees and VAT surely do take the majority of my profits out, I use eBay.
Would It be worth it setting up my own website to dropship items?
(I don't mean start a Dropshipping business, but to sell items using the drop ship method on something other than eBay)
Amazon doesn't work well for me as I'd have buy items out of my own money of which I don't have (to make like £10?) Because Amazon holds money for 14 days. Is there a way to withdraw money instantly?
Please point me to the right direction.... I am offering 5 video courses that will teach people exactly on how I make money through eCommerce.. Yes, I know this niche is probably saturated but so does everything else.. I have people hitting me up on Facebook asking me on how I make the money I make with the eCommerce platform... I have training videos that I sell. People buy it from me through paypal, and I send them the videos through email.. Bad decision because I just found out a couple days ago somebody bought my videos, stealing it and selling it to people on the LOW... I want to protect myself, so I decided that I needed to create my own website... I have a plan and it is listed below..
- Create a capture page.. I need the leads to promote and follow up with my subscribers.
I was tinkering with a few things:
1) selling direct with a paypal button. That requires the user to click about 3 times at least before they can just enter their credit card info. 1) on your site. 2) to choose either paypal or cc. Then another then maybe another before they can actually order. That's nuts.