eBay DropShipping Has Changed, How to start in 2024?

Summary

In 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

00:00

🛒 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.

05:01

🔧 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.

Keywords

💡Drop Shipping

Drop Shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product using drop shipping, it purchases the item from a third party and has it shipped directly to the customer. In the video's context, the speaker discusses the viability and legality of drop shipping in 2024, particularly on platforms like eBay, and how it can be a low-risk business model for new sellers.

💡eBay

eBay is an online auction and e-commerce platform where people can buy and sell a wide variety of goods and services worldwide. In the video, eBay is presented as a platform where drop shipping can be conducted, and the speaker provides guidance on how to start drop shipping on eBay in 2024.

💡Amazon FBA

Amazon FBA stands for Fulfillment by Amazon, a service offered by Amazon where sellers can store their products in Amazon's fulfillment centers, and Amazon directly packs, ships, and provides customer service for these products. The video mentions Amazon FBA as an alternative to drop shipping, suggesting it as a potential next step for businesses that have grown beyond the limitations of drop shipping.

💡Supplier

A supplier is a company or individual that provides goods or services to other businesses. In the context of the video, a supplier is crucial for drop shipping as they are the ones who hold the inventory and fulfill orders on behalf of the drop shipper. The speaker emphasizes the importance of finding a reliable supplier for successful drop shipping.

💡Inventory

Inventory refers to the stock of goods that a business has available for sale. The video discusses the advantage of drop shipping in that it allows sellers to avoid holding inventory, which can be a significant cost and risk for businesses, especially new ones.

💡Autods

Autods is a drop shipping software mentioned in the video that automates the process of listing products from a supplier's catalog onto an eBay store. It also manages stock and price updates, and facilitates order fulfillment, which are key aspects of running a drop shipping business efficiently.

💡Fulfillment

Fulfillment in e-commerce refers to the process of completing an order by processing, packing, and shipping the items to the customer. The video explains how drop shipping services, like those provided by autods, handle fulfillment by coordinating with suppliers to ship products directly to customers.

💡Profit Margin

Profit margin is the difference between the selling price of a product and the cost of the product, which represents the profit made on the sale. The video uses the example of listing an item for £20 on eBay, while only paying £10 to the supplier, to illustrate how drop shipping can offer a significant profit margin.

💡Scalability

Scalability refers to the ability of a business to increase its size or output. The video discusses the limitations of drop shipping in terms of scalability, suggesting that while it's a good starting point for new sellers, it may not support significant growth or expansion of the business.

💡Terms and Conditions

Terms and conditions are the rules and guidelines that define the rights and responsibilities of parties involved in a transaction or agreement. The video touches on eBay's terms and conditions regarding drop shipping, noting that while some forms of drop shipping are explicitly allowed, others exist in a 'gray area' where sellers may operate without explicit permission but also without immediate repercussions.

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