| If you are considering using dropshipping to supply your | | | | But even if you could find a good product with a high |
| eBay auctions with products then this article might | | | | profit margin, you cannot use dropshipping's main |
| change your mind and send you in the right direction... | | | | advantage. You can no longer sell the item on eBay |
| Dropshipping is terrible for eBay businesses! | | | | and then use that money to buy the item from the |
| What is dropshipping? Dropshipping is a method of | | | | dropshipper. |
| buying-and-selling that requires very little money upfront | | | | You see, dropshipping is about getting paid first and |
| and very little effort. In theory. | | | | then using that money to buy the product and have it |
| Here is how dropshipping works on eBay. | | | | shipped directly to your eBay buyer. So, you list an |
| You look through a dropshipper's catalog to find | | | | item on eBay then someone buys it. Then you use the |
| products you want to sell on eBay. Then, you post the | | | | money they paid you (though PayPal) to buy the item, |
| products as auctions or buy it now listings on eBay. If | | | | which the drop shipper then ships directly to the buyer. |
| the product sells, you collect the payment from the | | | | YOU LIST THE ITEM |
| buyer and forward the order on to the dropshipper, | | | | YOU SELL THE ITEM |
| using your eBay customer's payment to fund the | | | | BUYER PAYS YOU FOR THE ITEM |
| transaction. The dropshipper then send the product | | | | YOU USE BUYER'S PAYMENT TO BUY THE ITEM |
| directly to your eBay customer. | | | | FROM THE DROP SHIPPER |
| The money you have left is your profit. | | | | THE DROP SHIPPER SENDS THE ITEM DIRECTLY |
| The profit is the difference in price between what you | | | | TO YOUR EBAY CUSTOMEReBay's recent policy |
| pay the dropshipper and what you sell the product for | | | | changes will make it nearly impossible to start with |
| on eBay. So if your dropshipper sells the Nintendo Wii | | | | dropshipping. One of the major benefits of dropshipping |
| for $230 and you sell it on eBay for $250 have $20 in | | | | has been obliterated by eBay. You can no longer use |
| profit. However, to determine your actual profit you | | | | the buyer's money to pay for the product you are |
| need to include and deduct your eBay fees, PayPal | | | | selling on eBay.eBay has an new policy in place where |
| fees, etc. So your final profit is under $20 using the | | | | they will start HOLDING FUNDS FOR 21 DAYS or |
| example given. | | | | UNTIL POSITIVE FEEDBACK IS LEFT! This applies to |
| Why is dropshipping bad for my eBay business? Let | | | | small sellers, new sellers, and sellers with less than |
| me start by saying "bad" is an understatement. | | | | stellar feedback. |
| Dropshipping is not bad, it is deadly. Dropshipping | | | | Here are the details direct from eBay's website... |
| makes no sense in the eBay marketplace... Just think | | | | FROM EBAY'S POLICY CHANGE |
| about it! | | | | ANNOUNCEMENT: |
| Dropshipping is based on the concept that you can get | | | | Occasional holds on payment |
| just one of an item and pay near wholesale price. But | | | | 27. Which sellers will have their payments held? |
| if you just think about it, that doesn't make any sense. | | | | In a small percentage of cases where it has been |
| If we look at how the wholesale industry works it will | | | | determined the risk of dissatisfied buyers is higher, |
| be obvious. | | | | PayPal may delay release of the payment funds to |
| The wholesale industry works on quantity. Wholesale | | | | the seller until the buyer has left a positive feedback or |
| is all about bulk. When a huge company, such as | | | | 21 days have passed without a dispute, claim, |
| Wal*Mart, places an order it is in huge quantity (to fill all | | | | chargeback or reversal filed on that transaction. |
| of their stores). I'll make you an example using dvd | | | | To determine if a transaction may have a higher risk |
| players... | | | | of dissatisfied buyers, eBay reports to PayPal a |
| Wal*Mart wants to order 5000 ZIP-ZAM DVD | | | | number of factors, including but not limited to: |
| PLAYERS which retail for $105 each. Wal*Mart plans | | | | Seller's % Positive Feedback in the last 30 days |
| to sell them for a little under retail at $98 each. So, they | | | | Seller's Detailed Seller Ratings in the last 30 days |
| contact their wholesale distributor who offers them a | | | | Final price for the item |
| price of $86 each. Wal*Mart places the order and | | | | Shipping & handling fee |
| everyone is happy. But... | | | | Seller's eBay tenure as an eBay member |
| Using dropshipping you cannot expect to get that DVD | | | | Seller's total number of Feedback |
| player for anywhere near $86. The distributor offered | | | | 29. When will PayPal release the eBay item hold? |
| Wal*Mart the $86 price because of the quantity they | | | | PayPal will release the hold when the earliest of the |
| were agreeing to purchase. At the $86 price the | | | | following occurs:the buyer leaves positive feedback, |
| distributor is only profiting $5 per DVD player. But that | | | | 3 days after confirmed item delivery* or |
| is ok. One sale of 5000 units to Wal*Mart is $25,000 in | | | | 21 days without a dispute, claim, chargeback, or |
| profit. But you want just one, and a $5 profit sale is not | | | | reversal filed on that transaction. |
| going to do. | | | | * This applies to US domestic transactions that are |
| You have to look at it from the dropshipper's | | | | shipped by USPS or FedEx and either (i) use PayPal |
| perspective. If a dropshipper had a really hot product -- | | | | shipping labels to ship items or (ii) upload tracking |
| why would they sell it to some small businesses for | | | | information to PayPal via the transaction details page. |
| very little profit? Anyone using dropshipping is not going | | | | So, now assuming you are a newer eBay seller (and if |
| to sell huge quantities (or they would use wholesale)... | | | | you're established why on earth would you be |
| So what is in it for the dropship company? The | | | | considering dropshipping) you can not use the money |
| dropshipper could even sell direct to the public and do | | | | they pay you to complete the transaction as it will be |
| much better. They could charge a higher price and | | | | held. |
| probably sell more units. Wholesalers could do this too, | | | | You must use your own money to complete the drop |
| but remember, they do not sell one item at a time. | | | | ship order as the funds will not be released for 21 |
| They have a completely different business model. | | | | days. Seeing as this "pay only after you sell" feature |
| So, when you think about it even a little bit - WHY | | | | was one of the best things about the dropshipping |
| would any company sell you just one of an item for | | | | method of product sourcing there is really no reason |
| very little profit? WHAT would be the advantage? | | | | whatsoever to use dropshipping any more. |
| The answer is simple. They do not. The exception to | | | | While this might have you upset. I think it is a blessing in |
| this would be companies that sell large items that most | | | | disguise. This will undoubtedly put a dent in the business |
| stores do not keep in stock but will special order or | | | | of the handful of dropship sourcing companies that |
| very unique specialty items. But in the real world; in the | | | | have made a fortune preying on eBay business |
| EBAY world, dropshipping will cost you much more | | | | hopefuls. |
| than wholesale price. Since eBay is a low-price | | | | Dropshipping doesn't work on eBay. It didn't before and |
| marketplace, this means that often the dropshipping | | | | it definitely will not now! |
| price is MORE than the eBay price.eBay is a very | | | | If you are interested in buying products in a method |
| competitive marketplace and the profit margins with | | | | similar to dropshipping (but that actually can help you |
| dropshipping are just too thin to allow anyone to | | | | profit) please visit my anti-dropshipping website at |
| actually make a good living with this method of product | | | | Good luck and no matter what you try remember... If it |
| sourcing. | | | | sounds too good to be true, it is! |