eBay DropShipping Has Changed, How to start in 2024?
Summary
TLDRIn this video, Zena explores the viability of drop shipping on eBay in 2024, confirming its legality within eBay's terms and conditions. She provides a step-by-step guide for beginners, emphasizing the importance of finding reliable suppliers and using automation tools like autods to manage listings, stock, and pricing. Zena shares her 11 years of experience selling on eBay and Amazon, offering insights into starting with drop shipping as a low-risk business model before potentially transitioning to bulk buying and fulfillment methods like Amazon FBA.
Takeaways
- 📅 Drop Shipping remains a viable business model in 2024, offering a way to start selling on platforms like eBay without the need for bulk inventory purchases.
- 🛑 While Drop Shipping is legal and within eBay's terms when using B2B suppliers, using platforms like AliExpress or Amazon for Drop Shipping is a grey area and not officially permitted.
- 💡 The video suggests starting with eBay Drop Shipping to learn the business with low risk, as it doesn't require upfront inventory investment.
- 💼 Zena, the speaker, has 11 years of experience selling on eBay and Amazon and offers advice based on practical knowledge.
- 💰 There's potential to make a decent profit from Drop Shipping, with some individuals earning around £10,000 in profit, but scaling can be challenging beyond a certain point.
- 🔍 Finding a reliable supplier is crucial for success in Drop Shipping, as is having a system to automatically list items from the supplier's catalog on your eBay store.
- 📊 To maintain inventory accuracy, it's important to monitor stock levels and prices, as changes can affect profitability.
- 📝 The video provides a step-by-step guide on how to start Drop Shipping, including using software like autods to automate the process.
- 🔗 autods is recommended as a Drop Shipping software that can automate listing, stock management, and order fulfillment, starting at just $1.
- 🔗 Links to additional resources, including how to set up an account with autods and how to create an eBay account in 2024, are provided in the video description.
Q & A
Is drop shipping still a viable business model in 2024?
-Yes, drop shipping is still a viable business model in 2024, especially for new sellers looking to start without a significant upfront investment in inventory.
What are the main advantages of drop shipping for new sellers?
-The main advantages include not having to buy products in bulk, linking directly with suppliers, and having them handle the order fulfillment, which reduces initial costs and risks.
Is drop shipping legal on eBay according to the provided transcript?
-Yes, drop shipping is legal on eBay as long as it's done through B2B suppliers who do not sell directly to customers. However, using platforms like AliExpress or Amazon for drop shipping is a gray area and not officially within eBay's terms and conditions.
What is the potential downside of drop shipping on eBay mentioned in the transcript?
-A potential downside is that while it's possible to make a decent living from drop shipping, there may come a point where scaling the business becomes difficult due to the nature of the model.
What is the recommended starting point for someone new to drop shipping according to the video?
-The video suggests starting with eBay drop shipping, which is competitive but allows for learning and low-risk entry without having to manage inventory.
What are the key steps to start eBay drop shipping mentioned in the transcript?
-The key steps include finding a reliable supplier, using software to automate listing items from the supplier to eBay, managing stock and price updates, and ensuring a method to fulfill orders.
What is the role of autods software in the drop shipping process as described in the transcript?
-Autods is a drop shipping software that automates the listing of products from suppliers to eBay, manages stock and price updates, and processes orders, making the drop shipping process more efficient.
How does the autods software help manage stock and price changes for drop shipped items?
-Autods keeps an eye on stock levels and price changes from the supplier, adjusting the listings on eBay automatically to ensure the seller does not lose money or overpromise on availability.
What is the recommended approach for someone looking to scale their drop shipping business?
-The transcript suggests starting with drop shipping to learn the business and then transitioning to buying in bulk and using fulfillment services like Amazon FBA for scaling.
How can new sellers find and list products worth selling on eBay using autods as mentioned in the transcript?
-New sellers can use the 'winning products' feature in autods to find products worth selling, filter them based on shipping time and price, and then import them directly to their eBay store.
Outlines
🛒 Introduction to eBay Drop Shipping in 2024
Zena introduces the concept of Drop Shipping, particularly on eBay, and addresses questions about its legality and profitability in 2024. She explains that Drop Shipping is a business model where one does not need to buy inventory in bulk but instead links with a supplier who fulfills orders on behalf of the seller. Zena provides an overview of the process, emphasizing the benefits such as low risk and the ability to learn the ropes of e-commerce without significant upfront investment. She also clarifies eBay's stance on Drop Shipping and suggests starting with eBay-approved suppliers to avoid potential account bans. The video promises a step-by-step guide on how to start Drop Shipping on eBay, highlighting the importance of finding reliable suppliers and managing inventory and pricing.
🔧 Setting Up eBay Drop Shipping with AutoDS
In this segment, Zena dives into the practical aspects of setting up Drop Shipping on eBay using AutoDS, a Drop Shipping software. She guides viewers through the process of creating an account, linking it with an eBay store, and utilizing the 'Winning Products' feature to find and list profitable products. Zena demonstrates how to import items directly to the eBay store, ensuring that stock and pricing are monitored and adjusted automatically. She also explains the importance of managing the balance in AutoDS to cover the cost of orders and fulfill them promptly. Zena assures viewers that the entire process, from finding products to order fulfillment, can be automated, making it an efficient way to start a Drop Shipping business on eBay.
Mindmap
Keywords
💡Drop Shipping
💡eBay
💡Amazon FBA
💡Supplier
💡Inventory
💡Autods
💡Fulfillment
💡Profit Margin
💡Scalability
💡Terms and Conditions
Highlights
Drop Shipping is a viable business model in 2024
Drop Shipping allows selling without bulk purchasing
Suppliers send items directly to customers for Drop Shipping
eBay permits Drop Shipping within their terms and conditions
Drop Shipping from AliExpress or Amazon is a gray area on eBay
Starting with eBay Drop Shipping is recommended for beginners
Drop Shipping is competitive but offers low-risk entry
It's possible to make a decent living from Drop Shipping
Scaling a Drop Shipping business can be challenging
Learning from Drop Shipping can help scale a business later
Finding a reliable supplier is crucial for Drop Shipping
Automating listing items from suppliers to eBay store is key
Managing stock and price updates is essential for success
Autods is a Drop Shipping software that can automate processes
Autods helps in listing items, managing stock, and fulfilling orders
Autods can be started for free and linked to an eBay store
Winning products feature in Autods helps find profitable items
Autods automates order processing and balance management
Transcripts
is it worth doing Drop Shipping in 2024
is Drop Shipping even legal or your
account will just simply get ban in this
video I'm going to answer all those
questions and on the top of that I'm
going to show you step by step how you
can start eBay Drop Shipping in 2024 so
this is going to be a complete
step-by-step guide let's get started my
name is Zena and on this channel I talk
about how to realistically it's not joke
it's not hobby it's not something like a
side hustle how to realistically start
selling on eBay Amazon or Shopify and
turn this into a full-time job this is
what I've been doing from past 11 years
I've been selling on eBay and Amazon so
if you're first time here consider
subscribing I'm not going to take much
of your time so let's get started so
first of all let's talk about is it
worth starting Drop Shipping in 2024
keep in mind that there are different
types of business model once we need to
sell something on eBay or Amazon and
Drop Shipping is one of them and Drop
Shipping is very attractive to new
Sellers and the reason for that because
you don't have to buy anything in bulk
you're going to find a supplier and from
that supplier you're going to see their
catalog like what kind of products they
have in stock you're just simply going
to link your account with that supplier
so anytime once you get the order on
your eBay store your supplier will
actually send the item to your customer
so let's say on your store you have a
item for £10 and you're going to list
that item for let's say $19.99 or £20 on
your eBay store so once the customer
will order something on your eBay store
you simply going to contact your
supplier and your supplier will send the
item to your customer and you only going
to pay 10 to your supplier so you will
keep the difference like £910 in this
case let's talk about is Drop Shipping
is even legal so when it comes to eBay
Drop Shipping eBay actually state that
on your website that Drop Shipping is a
practice where you find a supplier and
you fulfill the order from that
particular supplier this is completely
within eBay terms and condition if
you're just simply using supplier for
fulfillment these are the supplier who
are only Drop Shipping suppliers they
don't sell directly to the customer they
are only B2B businesses so this is
completely within eBay terms and
condition but the Drop Shipping like
AliExpress or like Drop Shipping from V
or drop shipping from Amazon this is not
officially within eBay terms and
condition but this is also very very
gray area I have seen people who are
doing Amazon to eBay Drop Shipping
AliExpress to eBay Drop Shipping and
they're making very decent money and
this is not within terms and condition
but again people get away with it it as
long as they get away with it so what I
suggest for most of the people is to
start with eBay Drop Shipping it is
competitive I'm not going to lie to you
but in during that time you are going to
learn a lot of things you're going to
learn how to find the suppliers you're
going to learn what kind of products
that you can sell on a regular basis and
you're going to learn at low risk
because you're not buying an inventory
from China keeping in your stock and
then tomorrow you realize okay I'm not
able to sell this item as well so I
recommend starting with the Drop
Shipping slowly slowly once you're
making some amount of money from Drop
Shipping you can like sort of transition
your business into buying the things in
bulk and then fulfilling the order like
you know like Amazon FBA that kind of
stuff as well but in the beginning you
need to keep your barrier to entry
really really low so that's the reason
that Drop Shipping is still a reliable
business model but the problem that
you're going to have have is that at
certain point you might not be able to
scale this business you you can make
really decent living like 67 I seen
people making like £10,000 worth of
profit from A Drop Shipping if you're
somebody who is happy with it you know
that's all you need completely fine Drop
Shipping is that much reliable but if
Beyond some point then it becomes
impossible for you to scale the business
but during this time you're going to
learn a lot and then you're going to
take the same strategies approach and
buy buy the things in bulk and then
scale your business now let's talk about
how you can actually start Drop Shipping
so there are few different things that
you're going to have to keep in mind
first of all you're going to have to
find a reliable supplier I'm going to
show you each and everything step by
step but these are all the points that
you need to keep in mind first of all
you're going to need to find a reliable
supplier the second thing that you need
to keep in mind is to find automatic way
where you can list those item from your
supplier onto your eBay store the third
thing that you need to keep in mind is
keep an eye on a stock because you don't
want to list something from your
supplier and then realize that item is
gone out of stock you need to find a way
to manage all that and this goes same
for the prices of the item as well so
let's say you list something for $5.99
and then your supplier actually have
changed the prices they have increased
the prices and you didn't realize that
this is the way you're going to make
loss and the last thing that you're
going to need to make sure is find a way
to fulfill that order and all of these
processes like all four or five things
can be fully automated so what you can
do is go for some Drop Shipping software
called autods you can start with autods
absolutely free I'm going to put the
link for that inside the description as
well so when you come inside the autods
the first thing that we can do is create
an account on autods as I said I'm going
to put the link for that inside the
description it only going to cost you $1
to get started with aod Ds and once once
you create an account it will ask you to
link your eBay store with aods once you
have linked your store you can just
simply come in a tab called winning
products right here and inside the
winning product you will see all the
products that are worth selling and you
can actually filter them uh based on the
country where you want these products to
be shipped as well so I am in United
Kingdom I'm going to search United
Kingdom and you can filter those like
from low price to high price shipping
time I'm going to select shipping time
fast to slow because I want the the fast
shipping item to be to to be delivered
as quickly as possible and this is the
way the customer will be happy as well
so these are all the item when you need
to list item just simply click on import
draft and then this item will be simply
listed on your eBay store so what I'm
going to do I'm just going to Simply
click here this is import draft import
draft and then I can just simply go
inside my draft on on the right uh on
the left hand side and then all of these
item right here I've been like short
listing the item before as well as you
can see right here once you are here you
can just simply click on import here and
that item will be directly listed onto
your EB store and autods will keep an
eye on the stock as well it they will
keep an eye on the prices as well and
they will adjust that automatically once
you will receive the order that will go
inside your order tabs right here so
inside your order tabs you're going to
see all of your orders right here which
I'm trying to hide because I don't want
to show your customer the the customer
details right here as well and once you
need to fulfill the order all you have
to do is just simply click on this
balance right here on the top and you
can click on manage balance and right
now I have a $74 to manage the balance
but whenever I get the order then autods
can automatically process that order but
once that balance will finish I can just
simply click on load and I can load this
balance by using PayPal I can use a
credit card as well I can use painer as
well and this is the way if you have a
balance inside the autods anytime when
you get the order because your account
is linked with aods so autods will
process the order automatically I'm
going to put one video right here which
will actually show you how to set up the
your account with autods and also one
video right here if you are new to eBay
I have shown you how to create the
account properly in 2024 so make sure to
check this video and I'm going to put
the link for everything I mention inside
the description as well
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