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?
How much money do you need in order to make an online store.And buy traffic what would a good buget will be.Also do you need to buy an inventory at the start or do you just say you have it and it will take 3-4 days for shipping.