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Old 08-10-2013
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Default buying and selling in 1 account

I sell $2000 dollars of items, then 1 week later after all the items I sold has been delivered.

I then spend $1500 dollars of the $2000 dollars and buy product from different sellers on ebay, have the ebay sellers drop ship the items I purchased to my customers on a different market place which im selling also.


....And never withdrawing my paypal account to my checking account. Will this cause a flag on my account?
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Old 08-10-2013
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This actually looks alright as long as your items aren't high risk or Vero or counterfeit-type.

Seems like you are spreading the money with purchases - how do you give your sellers the dropship addresses? Not via PP or eB right...separate e-mail?
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Old 08-10-2013
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Not a good practice.

Where's your back up plan for when a seller does not deliver?

Neither ebay/paypal like drop shipping in the method you are doing.

Be careful.
Plan is flawed.

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Old 08-10-2013
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eBay dislike drop shipping. If they ever found out, they may well close you down
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Old 08-10-2013
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drop shipping is actually not allowed

if goods not sent to your address you will be banned if a seller complains

if you want to do this then buy under a dif account
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Quote:
Originally Posted by rsot View Post
This actually looks alright as long as your items aren't high risk or Vero or counterfeit-type.

Seems like you are spreading the money with purchases - how do you give your sellers the dropship addresses? Not via PP or eB right...separate e-mail?
via ebay without changing my home address it asks me where do I want this delivered
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Old 08-10-2013
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It really sounds like a bad business plan. Best to buy your products and have them in your possession. Your method may sound like its working but at some point will fail for long term.
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Quote:
Originally Posted by a.v.limited View Post
drop shipping is actually not allowed

if goods not sent to your address you will be banned if a seller complains

if you want to do this then buy under a dif account
let me clarify .. Im buying from ebay sellers who will dropship my items to my customer on amazon sears . Im redirecting my stealth funds to my sears account which come out clean and also make a profit because the same item I bought I sell on sears in return make 30 dollar profit .
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Quote:
Originally Posted by GreenBean View Post
Not a good practice.

Where's your back up plan for when a seller does not deliver?

Neither ebay/paypal like drop shipping in the method you are doing.

Be careful.
Plan is flawed.


i buy a lot from power sellers or high rated sellers with good feedback . so far i had no problem but im going to be doing this a lot to rid my funds in my paypal and get my funds via sears and amazon where i also sell the same item i bought. I don't want to link my real checking on my stealth account
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Old 08-10-2013
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Does your bank not allow mismatch name deposits?
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Quote:
Originally Posted by MM78 View Post
Does your bank not allow mismatch name deposits?
all of my stealth have bank accounts linked allowing mismatch. The new ones I have not and I don't want to cause a flag with my banks on why I have so many checking saving accounts . Im going on 40 bank accounts right now and I don't want to push it any more .
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Old 08-10-2013
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Quote:
Originally Posted by machine1 View Post
via ebay without changing my home address it asks me where do I want this delivered
Oh wow so you are telling the seller via eB to send it to other addresses....eB could easily see you are dropshipping or something fishy....

Dangerous indeed.
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Old 08-10-2013
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FFS, the whole plan is flawed.

OP has stated no back up for any issues.

Even power sellers fail.

The banking side is sketch too.

Dangerous indeed.

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It's called market arbitrage, and it's a really, really, really bad idea.

When the other marketplace catches you doing it, they will shut you down.

How are returns handled? What happens when the buyers see invoices in the boxes with the smaller amount and different name? What happens when they sellers don't deliver? What happens when it's the wrong color?

I know it might sound easy, but in practice it's a bad idea. Unless you know what you're doing AND the markup makes the hassle worth it.
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Old 08-13-2013
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Drop shipping can be a good idea if you have some type of relationship with the person. I remember when I started my business I was able to make a pretty good income with just drop shipping items.

As far as returns, every time a customer wanted one I would give them a return address to send to ( drop shippers address) and I would have good communication with my drop shipper. I would have a phone number, and email. Without a trustworthy partnership I would say just do this on your own like everyone else is saying.
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Default Re: buying and selling in 1 account

This is a interesting post
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