Dropshipping From Ebay Listings: Worthwhile?
Is it a worthwhile pursuit to attempt making money by simply relisting items that others are selling at a higher price?
Example: Gizmo is listed at £660 and four have been sold over three months. Another seller lists the Gizmo at £500 and has sold only one in the last three months. If I relist the same Gizmo at around the higher price, and then get it from the lower priced seller, who send it direct to the end purchaser, I should make money, taking into account all fees - which won't include shipping, obviously. Is this realistic? Too problematic?
Relisting in more than one/a more appropriate category seemed it may have helped get the higher price, though other reasons may exist which I have overlooked. I have also discovered that the exact same item located in China will also sell for more if sold by a UK seller - even with the same delivery time. I could add items as I find them - some kind of system would be good I suppose, but not quite sure how to approach it with a formulated plan, if there is merit to it.
I am thinking of doing this in a serious way at some point in the near future, and so I may just try one or two small items to see if it will work. Does anyone think it possibly could? And any ideas for how this could be done better? Perhaps using other sites like Amazon?
Example: Gizmo is listed at £660 and four have been sold over three months. Another seller lists the Gizmo at £500 and has sold only one in the last three months. If I relist the same Gizmo at around the higher price, and then get it from the lower priced seller, who send it direct to the end purchaser, I should make money, taking into account all fees - which won't include shipping, obviously. Is this realistic? Too problematic?
Relisting in more than one/a more appropriate category seemed it may have helped get the higher price, though other reasons may exist which I have overlooked. I have also discovered that the exact same item located in China will also sell for more if sold by a UK seller - even with the same delivery time. I could add items as I find them - some kind of system would be good I suppose, but not quite sure how to approach it with a formulated plan, if there is merit to it.
I am thinking of doing this in a serious way at some point in the near future, and so I may just try one or two small items to see if it will work. Does anyone think it possibly could? And any ideas for how this could be done better? Perhaps using other sites like Amazon?
― George Carlin