How to Buy Low on eBay and Sell High on Ebay.Dropshipping is basically taking a product on Ebay then listing it on Ebay for a 15-20% higher selling price. When the item sells, you buy it from Ebay and ship it to the person who buys it off You. If the item doesnt sell, you dont pay anything.
As the worlds largest auction site for physical goods online, eBay is a site most people know well. The following are some reasons you might want to consider or avoid dropshipping on eBay
The Pros of Selling on eBay
Easy to Get Started With eBay you can immediately dive in and start listing your wholesale products. Create an account, add a listing and you're in business.
Access to a Large Audience When you list on eBay, you have access to the many online buyers who frequent the auction giant. Millions of people will see your listings, and the fairly robust and active market will help ensure you get a decent price for your products.
Less Marketing Because you are able to piggyback off eBays enormous platform, you dont need to worry about marketing, SEO or paying for traffic. This saves you time, as marketing is one of the biggest challenges associated with launching a dropshipping business.
The Cons of Selling on eBay
Listing Fees The biggest downside to eBay are the fees youll have to pay. The most notable is the success fee, which can be up to 10% or higher of the sale prices of your items. In the dropshipping market, where margins are already fairly thin, this will cut into a large portion of your profits.