What profit Margin Should I Use to Price my Products on Ebay
I then searched on this forum and found a good thread on how to find good dropshippers by googling using different search words than I thought to use, and it worked. I found some good suppliers, that are real suppliers. Not like Doba which seemed so over priced. So thank you warrior forum for leading me well so far.
So now that I have a good main supplier and a couple back ups that I am authorized to dropship with, I have my question: What profit margin should I expect when I calculate setting my prices selling on ebay using a dropshiping business model?
I get pretty decent prices from my supplier; although I know and understand they are not as good as if I bought case of the merchandise. I recently set all my listings with a nice template that looks pretty professional, which allowed me to sell the last item for more than everyone else was selling the same thing for. I think that helped, but I know price is also important cause the first product i was selling that I researched very well, amazon to ebay thing, once I sold the first one and started getting pushed up in ebays rank I sold every one that sold on U.S. Ebay but had to switch product line to all products my new real suppliers have so I can have a stable supplier.
So again any and all advice and feedback will be helpful regarding what profit margin I should use when setting prices on ebay using dropshipping business model. Thank you in advance
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