retail arbitrage-taking customer money ,then place order with another retailer is not allowed on Ebay,also WMT could ban such as well
but if customer finds out it is coming from WMT and he could have gone to WMT himself and get it for less,he could give you a negative feedback or worse give you a hard time by cliaiming item not as described and want to return the item.
it used to be VERY PROFiTABLE,copied items from AMZN and made AMZN does the shipping as a gift to love ones.
Same with arbitraging from COSTCO,TGT,even Ebay !
But take a look now,more and more people are doing it,the profit is very thin.
but it is your time and money,try it and see how you like it.
You would be surprised how many Ebay bottomfeeders go to AMZN and look up the price,some may even learn to do what you and zillions of others are already doing,
But if this is what you want to do,do it and find out for yourself,may be you will become a trillionaire!
I think if AMZN finds its third party seller selling same item cheaper on WMT,it would warn/ban that seller.
everyone is doing it,you have to sell many to turn a profit,some just make money on shipping,less Ebay fee,which cant be much
GLAD YOU HAVE FOUND FAULT BEFORE YOU PROCEED,THATS GOOD PLANNING,YOU WILL BEAT SAM wALTON and JEFF bozos in no time
Quote:
Originally Posted by necse6devil No man i use zik I found competitors in 2 minutes lol with 15-20% profit for example one guy making 20k dollars. |
come back and tell us how you are faring in 6 months
Quote:
Originally Posted by DENDEN76 On ebay I did but the competition is too fierce and margins too slim. You make money if you have high volume of sales. Its just too much especially with ebay's strict rules and suspensions. |
This dropshipping business is so long in the tooth,everyone and his brother is doing it,some are from Spain,Israel,Singapore,Vietnam and they all claim they have stock in US AMZN warehouse,some even list 1 ruler,1 scotchtape?
I bought one roll of scotchtape once with free shipping on Ebay and the seller went to AMZN and have it shipped,she lost money