When the pandemic struck, online selling became a hit. And maybe you’re wondering if this is an opportunity for you as well.
If you think that’s you, then let’s take a look into eBay dropshipping.
Is eBay dropshipping profitable or not? Is it legit or a scam? Let’s find out.
eBay Dropshipping is pretty much your standard dropshipping course.
If you’ve followed my blog for long, you know that I don’t like dropshipping as a business model for a few different reasons.
That being said, it IS possible to make money with it, so I want to give you an honest review of this particular program.
But first, let me clear the air on one important thing:
Dropshipping has never been – and will never be – a passive, recurring business. No matter what the guru might tell you, it requires constant work.
I’m telling you this from my own experience running several dropshipping stores on Shopify AND Clickfunnels.
Dropshipping might be for you if you’re looking for a business that you’ll need to be super active in.
Dropshipping just isn’t it if you want to make money while you sleep and travel the world.
The main reason?
To have real success with dropshipping, you need a bulletproof system for finding the hottest new products before anyone else.
In the very best-case scenario, you have a relationship with your supplier, where they give you a heads up on products that are about to pop. These relationships don’t typically come around until you’ve done 6-figures in business with the supplier.
In the worst-case scenario, you’re testing a bunch of products with ads, losing money until you find that one winner.
I’m not saying dropshipping is a bad idea based on that alone… most businesses require you to lose money before you actually make money, so it’s somewhat normal.
But let’s assume you DO, in fact, have the next fidget-spinner craze product months before anyone else knows about it…
That’s great! But now you’re gonna need to get people to buy it.
- Tens of thousands of dollars in ads
- Tons of time spent split testing to find the best landing page variations, best product descriptions, best ad copy, best ad videos, etc.
Again, some people thrive on that and love it. So if you’re looking for that level of constant testing and gambling, it might be a good fit.
It’s also worth calling out that Facebook has a track record of banning you FOR LIFE from advertising on their platform for dropshipping.
Think about it – it ruins a user’s experience with Facebook when a product shows up 45 days after they’ve ordered it and is nothing like the product they thought they were buying.
So Facebook would rather ban you from their platform than risk a bad user experience.
Suffice to say; it’s a lot of stress for not-a lot of payback.
As someone that actually ran a dropshipping business, I can tell you from personal experience that your time can be better spent with other business models.
If you’d prefer a business model that generates recurring, semi-passive income, you may be interested in becoming a Digital Landlord.
- No sketchy suppliers
- No razor-thin margins
- No banned ad accounts
- No super angry customers
- No spending $10K testing an ad campaign
It’s something that you could make anywhere from $2,000 – $10,000 consistently, month after month.
A stream of income that you can build as high (or low) as you feel like building it.
If that sounds interesting, you might want to think about becoming a Digital Landlord.
For the eBay Dropshipping review, let’s keep reading.
What Is eBay Dropshipping?
eBay is well-known for its online shopping site, where you can find practically everything.
“Dropshipping” is part of eBay’s business model.
Dropshipping on eBay allows you to sell products online without having to keep any inventory. You simply advertise your products online, and when one is purchased, you simply give the shipment details to your supplier, who fulfills and ships the order to your clients.
You don’t need a big capital to get started with this method. You only need to select the right products and locate the most suitable dropshipping supplier.
How To Start Dropshipping Business On eBay?
To get started dropshipping on eBay, follow these steps:
1. Set Up An eBay Seller Account.
The first step in getting started with dropshipping is to open an eBay seller account.
2. Choose Your Products And Dropshipping Supplier.
Do some research first and pick what products you’d like to sell on eBay. Then, for your online store, find reliable eBay dropshipping suppliers.
3. List Items At A Higher Price On Your Own eBay Store.
Select the appropriate price point for your products. Set it low enough to compete with similar items while yet generating revenue.
4. Give Your Customers’ Details To Your Wholesale Supplier When You Make A Sale.
Always contact your supplier after a sale and provide them with your eBay customer’s shipping information.
That’s all. If you follow these steps, you’ll be all set.
What Is The eBay Fee?
Dropshipping on eBay is cheap, but it’s not free! The following are the most common eBay fees for online sellers:
1. Listing Fees (Or Insertion Fees)
This is the fee to list your product on eBay.
2. Final Value Fee
This fee is paid when the products you listed are sold. The item price plus any handling or shipping fees are used to compute this.
3. Listing Upgrades
To add certain upgrades to your listing, you must pay this fee.
4. Category Fees
The product’s category determines the cost of listing an item. Real estate, automobiles, printing, and graphic arts, for example, are more expensive than clothing and books.
You’ll also need to spend money on directories and software for your dropshipping business.
Is eBay Dropshipping Legal?
Dropshipping is a legal business model on eBay. However, eBay has strengthened its regulations in recent years.
Check out the following eBay dropshipping policies:
1. The sellers must ensure delivery within 30 days after the listing’s end.
2. The sellers must ensure that the products they list are bought in bulk from a wholesaler.
3. Products from retail websites such as Amazon and AliExpress are not for sale.
4. The products must be delivered exactly as stated.
You may face penalties and maybe account suspension if you do not follow these policies.
Tips For eBay Dropshippers?
Here are some pointers for dropshippers starting an eBay business:
- Lessen your workload.
- Maintain price control.
- Ensure product availability.
- Ensure order fulfillment.
- Be cautious of unreliable eBay suppliers.
- Create positive relationships with your eBay buyers.
- Time your listings.
- Ensure package tracking.
These pointers could help you with your eBay dropshipping business!
Is There A Course About Dropshipping On eBay?
I’m pretty sure that you don’t want to jump into eBay dropshipping with no prior expertise or knowledge.
Don’t worry if you don’t. eBay offers a dropshipping course.
Paul J Lipsky’s Dropshipping Titans course can assist you in becoming a successful eBay drop-shipper.
Paul explains the three keys to success in this course:
1. Getting started with your own dropshipping business does not have to be difficult – make the most of what you have.
2. Only list products that you know sell well.
3. Automation and outsourcing are essential if you want to grow.
In addition, the Dropshipping Titans course includes:
- Video tutorials.
- Scripts for customer service
- Profit Hacks.
- A private group for mentoring.
- List of ninety-four profitable products.
- Codes for the required software.
- The Banggood course.
How much does this eBay Dropshipping Titans course cost? There is a one time fee of $297. However, there’s a 30-day money-back guarantee.
Is eBay Dropshipping Your Best Option?
Is eBay dropshipping worth it? Yes. It’s worth checking at, particularly if you’re a newbie searching for the most user-friendly dropshipping platform. Moreover, based on the size of eBay’s customer base, it can be viewed as a profitable business opportunity.
Is it, however, the best option? Well, it depends on what your goal is.
Dropshipping on eBay is a great option if you’re just looking for a side hustle with no risk and no upfront capital.
However, it is not the best option for you if you want to establish a lasting, notable brand with high-profit margins and be totally responsible for the success of your online business.
Rather, I recommend that you focus your efforts on choosing a good platform that allows you to customize.
Is eBay Dropshipping A Scam?
So, time for the question you’ve been waiting for: is eBay Dropshipping a scam?
No, not technically speaking. They aren’t going to take your money and ride off into the sunset without delivering you access to their course.
It’s 100% possible to make money with this program, but it’s not nearly as simple as Paul J Lipsky wants you to think it is.
There is A LOT of upfront work to do and no guarantee of success.
Don’t get me wrong – I’m all for doing hard work now so that I can collect checks in the future.
But if I’m going to spend 3 months of my life working super hard & spending thousands of dollars just to break even… it’s just not worth it (in my opinion).
Think about it: what if you worked that same 3 months with just an hour or two per day, and in return, you could collect a $500-$2,000 check that continues to come in every month?
Even better, what if you could actually get that first check in as little as a week?
And what if you could double or triple it over the next month or two?
That’s what you get when you rent digital properties as a Digital Landlord.
All you really need is a laptop and some internet.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve drop-shipped jade rollers via Clickfunnels
- I’ve sold fidget spinners through Amazon FBA
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1)Time: You can do this if you’ve got a spare hour or two each day. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there every day.
2) Ownership & Control: With dropshipping, you don’t actually own anything. You can’t control your product quality or even what the package looks like when it shows up.
Technically you own your Shopify site… but ad platforms could shut you down at a moment’s notice… so you don’t really have much control there.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3) Fulfillment: Alright, so you don’t have any inventory… but that worry has been replaced with the pains of overseas fulfillment.
That means your customer is going to have to wait 3-4 weeks to receive their order.
Then add in the current global supply chain woes… and you’re looking at 5-6-7 weeks!
Then the customer slaps you with a refund, and all of that time spent testing and spending money on ads was for nothing.
You don’t have to worry about any of that when you’re renting out digital properties.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with dropshipping, you would need to sell twice as much inventory or double your profit margins. And I can guarantee you (from my Shopify dropshipping days) that it’s a lot harder than a few clicks & a phone call.
5) Big Margins: With dropshipping, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money. This usually entails spending A LOT of money on ads and other methods for growing traffic to your product.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
These Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
6) You’re Helping REAL People: My biggest gripe with dropshipping is that you usually find some complete garbage product and are tricking people into buying it. It provides no real value to them or the world in general.
It’s cool in the short term to make a quick buck, but in the long term, it gets really old, really fast.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with.
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other dropshipping programs like eBay Dropshipping, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.