Re: 10k Net Profit Dropshipping from Homedepot to Ebay ONLY Quote:
Originally Posted by dallis break down how this guy does 1.4 price increase and does 28% profit margin with tons of sales
His math sucks, that's how. Frankly, it doesn't suck. He's a liar and a conman.
Here's how his profit loss profile works out: Widget + shipping costs a dollar. Sell it for $1.40. EB minimum fees 10+%. PP fees 3% + transaction fee. $1.40*.13% = 18%. .40-.18 is 22 cents. Your profit is $.22. Already it's NOT 28%. It's really 22%. That's just to start with. | home depot he bulk orders to cover all shipment costs. Returns are free covered by home depot too. Btw he has 9% off gift cards he buys and cash back site.
Ya 22% not including any gift card discounts he's got or cash back sites. Sometimes he says he can price match or get a home depot rep to give him 10% off his order.
Yes I got lower than 28% when I worked out an example myself. Then again gcs and cash back help him. I also was told by him he told me via comment that he is doing something that constitutes a "grey area". .. so black hat that pushes up his profit margin. He said it after I worked out an example with a 100 dollar item.
Idk probably not worth me even trying.. from what I hear dropshippers say you should do about 4,000 ebay listings before deciding to quit. Either that or someone can't say they really tried.
I wonder if the ebay dropship successful people who he collabs with for events verify each other before doing so.
Maybe he's using software since he was a software engineer to get his listings to the top.
Last edited by LEARNINGONLY; 05-30-2018 at 12:49 AM.
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