Drop shipping vs Wholesale vs Give Up
I'm looking for some advice on Drop shipping vs Wholesale. I know the question has been beaten to death but I am still at a loss. I'll explain my situation. I am currently on disability looking for some way to supplement my income. Not looking to make tons of money just looking to make 400-600 a month.
I currently have a drop ship website setup for pet products; my pricing is setup up too high at the moment. But I decided to do some research before I waste any more time updating the site. I rent a VPS, I built the site myself with WordPress and WooCommerce. I have signed up with four drop ship companies, two of which I have setup online, the other two are still in the Excel stage ?. I have been checking via Ebay, Amazon & Google for pricing of my items. I can match or beat most of my items by a few dollars and still achieve my humble goal. I have been working on this for approximately 2 months, since I have started up again.
I have been promoting on Facebook the last month and I am up to 930 likes and a few subs. Unfortunately, there are no sales yet, due to my markups. I had chosen the drop ship route because my background is in web development and already had the VPS running my personal sites and email. As I mentioned above I am disabled and on a limited income, having no real knowledge in drop shipping and absolutely nothing about wholesale at all. I went for the "free drop ship option".
So my questions are; should I continue this route or is there a cheap way to get into wholesale. I don't have a clue where to even start. I was even looking into a site with dropshipdesign or wholesale2b, until I started reading the forums. My gut tells me to continue plugging along with my website, drop my margins down to the bare minimum and shoot for the 600 a month. I have the time to work on the site as much as my body will allow. But if there is a better solution I would love to hear it!
Thank you all for taking the time to read my post , any helpful info would be greatly appreciated!
Frank C
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