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Anonymous
I recently see many so called 'courses' on facebook doing the fulfilled by amazonFBA and eBay dropshipping thing.
It also show the person earn quite a fair bit a month, can work from home and everything.
Just thinking if anybody tried it before and if its viable to try out?
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Jonathan Chia Guangrong
12 Dec 2018
SOC at Local FI
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HC Tang
12 Dec 2018
Financial Enthusiast, Budgeting at The Society
It used to be viable but as the early birds ate all the worms. I don't think it's that easy and viable anymore. With the availabliity of Taobao anywhere in most country, i can easily list items I source from Taobao and resell in Amazon USA.
However, This also means that anyone in states can also buy direct from Taobao. I have friends as far as Brussel also buy direct from taobao. So what makes the
eBay on the other hand , it's dead! I have not made a single sales on eBay in the last 7 years since the rise of Carousell and Taobao. Not to mentioned the rest like Lazada, Shopee, Ezbuy etc. Thus i've long abadone eBay and channel to other platform.
It is possible, just like any other business. It takes quite a bit of hard work, long term persistent to and pivoting find the right product / market mix and the rest of the effort such as marketing, customer services. WIth current states of things, it might take at least 3 years to see some sizable fruits by the business, provided the business owner persisted and sustained.
However, if you have a product that few or only you can supply , there you have a USP (Unique Selling point / Product) that you can work hard and build on.
Good luck! :)
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Used to do dropship on ebay and amazon, atrending courses on these as well as for fba through a very honest trainer charging low course fews. Used to be profitable for amazon but the algorithm kept changing and margins are np longer what they used to be.. EBay can still be profitable but need quite a bit of research on items. And whatever you do, don't fall for ads touting about making money off kindle books. It won't work as what I've heard.