3 Most Common Challenges we HAVE to Deal with when Drop Shipping on eBay aka Retail Abitrage
Published on: December 3 2022 by Marc Augustine
3 Most Common Challenges we HAVE to Deal with when Drop Shipping on eBay aka Retail Abitrage
Table of Contents
3 Most Common Challenges we HAVE to Deal with when Drop Shipping on eBay aka Retail Abitrage
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00:00:01 | 00:00:08 | she's hi hi mark and Becky here and |
00:00:06 | 00:00:10 | Carlos will be here today so we'll have |
00:00:08 | 00:00:18 | more people in the videos that are not |
00:00:10 | 00:00:20 | black so I personally want to do this |
00:00:18 | 00:00:22 | video on the shortcomings of retail |
00:00:20 | 00:00:24 | arbitrage and eBay dropshipping the |
00:00:22 | 00:00:27 | reason why I want to do this video is |
00:00:24 | 00:00:29 | because there was one question in |
00:00:27 | 00:00:32 | partikular I keep get in and it |
00:00:29 | 00:00:33 | drives me insane so I want to |
00:00:32 | 00:00:35 | have a video that every time I get this |
00:00:33 | 00:00:37 | question I could just send them a link |
00:00:35 | 00:00:39 | to the video and they could be like they |
00:00:37 | 00:00:41 | could hear this you come to |
00:00:39 | 00:00:43 | down and their limitation that deal with |
00:00:41 | 00:00:49 | it and continue making money or off |
00:00:43 | 00:00:51 | so so I just want to go through a number |
00:00:49 | 00:00:53 | of limitations that we just have to |
00:00:51 | 00:00:55 | accept in retail our charge on ebay drop |
00:00:53 | 00:00:59 | shipping but even with those limitations |
00:00:55 | 00:01:03 | you could still make money right so why |
00:00:59 | 00:01:05 | is this dog barking I have two |
00:01:03 | 00:01:09 | dogs here today today is just a horrible |
00:01:05 | 00:01:10 | day anyway so one I want to bring up is |
00:01:09 | 00:01:14 | a video that we did before about |
00:01:10 | 00:01:16 | international drop shipping yeah one so |
00:01:14 | 00:01:18 | I'm doing it maybe like three or four |
00:01:16 | 00:01:21 | limitations one is a few international |
00:01:18 | 00:01:23 | drop shipper drop shipping in the US you |
00:01:21 | 00:01:27 | cannot use all the suppliers you just |
00:01:23 | 00:01:29 | can't accept it I have made my a lot of |
00:01:27 | 00:01:32 | money with limited supplies how many |
00:01:29 | 00:01:35 | supplies are using your UK |
00:01:32 | 00:01:40 | I probably have like five main suppliers |
00:01:35 | 00:01:42 | but totally and if do you think that if |
00:01:40 | 00:01:45 | you weren't limited to three you could |
00:01:42 | 00:01:47 | make money yeah like yeah I would just |
00:01:45 | 00:01:49 | the only reason I haven't have mine |
00:01:47 | 00:01:52 | spread is because I am concerned about |
00:01:49 | 00:01:54 | account getting shut down so I like the |
00:01:52 | 00:01:55 | fact that when I place ten orders in a |
00:01:54 | 00:01:59 | day not all ten of the orders are from |
00:01:55 | 00:02:03 | one phase two from each place I don't |
00:01:59 | 00:02:05 | know further just write me too but if it |
00:02:03 | 00:02:07 | got shut down not gonna kill myself for |
00:02:05 | 00:02:10 | this I shift into another supplier |
00:02:07 | 00:02:12 | there's plenty out there yes so let me |
00:02:10 | 00:02:14 | kind of bring something up that I think |
00:02:12 | 00:02:15 | I never toked about a video because in |
00:02:14 | 00:02:18 | the free training all right |
00:02:15 | 00:02:19 | this will retail arbitrage thing and |
00:02:18 | 00:02:24 | when you're thinking about suppliers all |
00:02:19 | 00:02:26 | you have to do that's guys all you have |
00:02:24 | 00:02:29 | to figure out is how to order an item |
00:02:26 | 00:02:30 | and get it to the buyer when you sell it |
00:02:29 | 00:02:32 | so this cell and pride is the hard part |
00:02:30 | 00:02:34 | when you get someone to give your |
00:02:32 | 00:02:35 | money if they've shut down your |
00:02:34 | 00:02:37 | account if your credit card doesn't work |
00:02:35 | 00:02:39 | it's your responsibility to figure out |
00:02:37 | 00:02:40 | how to get it to them and it's sad thing |
00:02:39 | 00:02:42 | is maybe the first second or third time |
00:02:40 | 00:02:44 | is gonna take hours you're gonna freak |
00:02:42 | 00:02:46 | out but after you figure that out |
00:02:44 | 00:02:49 | then you have a solution for all the |
00:02:46 | 00:02:51 | time yeah right so don't freak out don't |
00:02:49 | 00:02:53 | worry about the limited suppliers work |
00:02:51 | 00:02:53 | with the resources that you have and |
00:02:53 | 00:02:58 | keep it moving |
00:02:53 | 00:03:05 | the second another shortcoming as the |
00:02:58 | 00:03:07 | the receipts this is a most common |
00:03:05 | 00:03:10 | question that I keep getting and the |
00:03:07 | 00:03:12 | main reason for this video or a lot of |
00:03:10 | 00:03:15 | you guys who haven't started yet are |
00:03:12 | 00:03:17 | worried about you have they got a |
00:03:15 | 00:03:20 | receipt in the package if they get a |
00:03:17 | 00:03:23 | Walmart box if they get an Amazon box if |
00:03:20 | 00:03:27 | they get a target box now how many |
00:03:23 | 00:03:27 | complaints you've had with receipts |
00:03:29 | 00:03:38 | not enough maybe like less than ten okay |
00:03:34 | 00:03:41 | I get about one complaint a week right |
00:03:38 | 00:03:44 | but I sell about at least 200 items oh |
00:03:41 | 00:03:48 | yeah so that means it's half of a |
00:03:44 | 00:03:50 | percent of someone who either |
00:03:48 | 00:03:53 | cents and not all of it is bad feedback |
00:03:50 | 00:03:55 | someone may send a message yes I also |
00:03:53 | 00:03:58 | question 10 negative P but just ten |
00:03:55 | 00:04:01 | people who've notiked right and I think |
00:03:58 | 00:04:03 | two or three negative feedbacks |
00:04:01 | 00:04:05 | all of which I've had to move yeah |
00:04:03 | 00:04:07 | because if someone could I'm glad you |
00:04:05 | 00:04:11 | said that because if someone comments |
00:04:07 | 00:04:14 | and say hey this dude got this item from |
00:04:11 | 00:04:15 | Kmart for a cheaper price what cheaper |
00:04:14 | 00:04:16 | price |
00:04:15 | 00:04:18 | eBay it's gonna remove it because if |
00:04:16 | 00:04:19 | customers see that and go and get it |
00:04:18 | 00:04:22 | from Kmart ebuddy doesn't get there ten |
00:04:19 | 00:04:24 | percent so it's eBay's best interest to |
00:04:22 | 00:04:26 | remove customer saying hey guys what's |
00:04:24 | 00:04:27 | up an eBay shop at Kmart |
00:04:26 | 00:04:29 | right so they always remove it you just |
00:04:27 | 00:04:31 | message them and say please can you |
00:04:29 | 00:04:33 | remove this comment because it violates |
00:04:31 | 00:04:37 | eBay's policy which it does and then |
00:04:33 | 00:04:41 | they will and and the thing is it's like |
00:04:37 | 00:04:43 | if someone buys something from Kmart and |
00:04:41 | 00:04:45 | then goes to walmart and see cheaper |
00:04:43 | 00:04:46 | they're not gonna come back to Kate |
00:04:45 | 00:04:47 | might be like what the is wrong |
00:04:46 | 00:04:49 | with you |
00:04:47 | 00:04:50 | yeah they can return it same with eBay |
00:04:49 | 00:04:51 | but they're not gonna go back to the |
00:04:50 | 00:04:53 | original store and say give me the |
00:04:51 | 00:04:56 | difference right first it doesn't work |
00:04:53 | 00:04:58 | like that like your responsibility as an |
00:04:56 | 00:05:01 | eBay dropshipping is to not misrepresent |
00:04:58 | 00:05:03 | the item right yeah you have a decent |
00:05:01 | 00:05:06 | description yeah an honest description |
00:05:03 | 00:05:09 | honest photos honest honest title and a |
00:05:06 | 00:05:11 | price and the person buying the |
00:05:09 | 00:05:14 | item has a decision to either buy it or |
00:05:11 | 00:05:18 | not buy it and I think some people feel |
00:05:14 | 00:05:19 | like guilty or wrong about it but when |
00:05:18 | 00:05:22 | they're buying it from you |
00:05:19 | 00:05:23 | on eBay they must know you've bought it |
00:05:22 | 00:05:26 | for a cheaper price than you're selling |
00:05:23 | 00:05:28 | it to them for otherwise what like |
00:05:26 | 00:05:30 | you're not selling for fun so when |
00:05:28 | 00:05:31 | someone buys anything they know that the |
00:05:30 | 00:05:33 | person that they brought it from has |
00:05:31 | 00:05:35 | bought it for a cheaper price than what |
00:05:33 | 00:05:36 | they're selling it to the poor the only |
00:05:35 | 00:05:39 | difference is that they know what that |
00:05:36 | 00:05:41 | price was right I know something illegal |
00:05:39 | 00:05:43 | about that like there's nothing immoral |
00:05:41 | 00:05:45 | about that if when you go into a |
00:05:43 | 00:05:46 | supermarket and buy something maybe you |
00:05:45 | 00:05:49 | don't think about it because you don't |
00:05:46 | 00:05:51 | see it but they didn't you're buying a |
00:05:49 | 00:05:52 | toaster for 20 pounds Tesco's didn't pay |
00:05:51 | 00:05:55 | 20 pounds for the toaster Walmart did |
00:05:52 | 00:05:56 | the painting plans for a toaster doesn't |
00:05:55 | 00:05:58 | make sense so you know it when you're |
00:05:56 | 00:06:00 | shopping everyone knows it it's just if |
00:05:58 | 00:06:12 | you picked up a toaster and saw artistik |
00:06:00 | 00:06:14 | my friends I someone who bought from me |
00:06:12 | 00:06:15 | starts at the dropship because I |
00:06:14 | 00:06:17 | remember this girl buying from me and |
00:06:15 | 00:06:19 | getting your seat and I'm messing like |
00:06:17 | 00:06:21 | after I got the receipt from Walmart |
00:06:19 | 00:06:23 | that I let see all your items are from |
00:06:21 | 00:06:24 | Walmart like how do I do that yeah |
00:06:23 | 00:06:27 | that's the kind of person I would like I |
00:06:24 | 00:06:30 | feel like I think that's what I would do |
00:06:27 | 00:06:35 | if I'd notike something like that money |
00:06:30 | 00:06:36 | yeah so like so those of you guys who |
00:06:35 | 00:06:38 | are like worried about that |
00:06:36 | 00:06:41 | like that's just one of the limitations |
00:06:38 | 00:06:45 | that comes up and you have to deal with |
00:06:41 | 00:06:51 | it it's all part of the basics like way |
00:06:45 | 00:06:55 | to stop some people say should I tell |
00:06:51 | 00:06:57 | them not to include they're not gonna do |
00:06:55 | 00:06:59 | that huge companies don't have time to |
00:06:57 | 00:07:00 | put your order in a separate box like a |
00:06:59 | 00:07:03 | lot of Amazon items have the option for |
00:07:00 | 00:07:05 | gift options yeah but but so comes an |
00:07:03 | 00:07:07 | Amazon box so in the house I know in the |
00:07:05 | 00:07:09 | u.s. in the UK and I made a bit about |
00:07:07 | 00:07:11 | this and most people to disagree but |
00:07:09 | 00:07:13 | this is the truth in the UK if you order |
00:07:11 | 00:07:14 | something from Amazon and it's fulfilled |
00:07:13 | 00:07:17 | by Amazon |
00:07:14 | 00:07:18 | it doesn't come with a receipt anyway if |
00:07:17 | 00:07:20 | it comes from a third party then they |
00:07:18 | 00:07:22 | can put whatever they want in this but |
00:07:20 | 00:07:24 | when Amazon fulfills an order they don't |
00:07:22 | 00:07:25 | put any paperwork in the box you get |
00:07:24 | 00:07:27 | your receipt via email if you select |
00:07:25 | 00:07:29 | gift option then you do get a piece of |
00:07:27 | 00:07:31 | paper in the box that says enjoy your |
00:07:29 | 00:07:33 | gift from Amazon so don't take anything |
00:07:31 | 00:07:37 | just just leave it at it's fine it will |
00:07:33 | 00:07:39 | still say Prime on the box but there |
00:07:37 | 00:07:41 | won't be anything inside the box and |
00:07:39 | 00:07:44 | some of these people could and so |
00:07:41 | 00:07:45 | sometimes I tried to figure out reasons |
00:07:44 | 00:07:49 | why people don't complain about e |
00:07:45 | 00:07:50 | receipts right so one is like I could |
00:07:49 | 00:07:53 | have used a dime about Amazon box the |
00:07:50 | 00:07:55 | shipping right yes - some people don't |
00:07:53 | 00:07:57 | give a because you've got the item |
00:07:55 | 00:08:00 | they ordered and it should right yeah |
00:07:57 | 00:08:02 | another thing that I notiked from |
00:08:00 | 00:08:05 | Walmart is that wall not drop ships from |
00:08:02 | 00:08:07 | a number of manufacturers right and the |
00:08:05 | 00:08:09 | manufacturer don't put receipts in there |
00:08:07 | 00:08:12 | and I notiked that because I've so let's |
00:08:09 | 00:08:15 | item a few times to one person yeah so |
00:08:12 | 00:08:18 | you guys are worrying about something |
00:08:15 | 00:08:20 | that does not really affect your |
00:08:18 | 00:08:23 | business on the greatest kheema thing |
00:08:20 | 00:08:26 | right and then I just want to cover one |
00:08:23 | 00:08:29 | other at the arm like limitation |
00:08:26 | 00:08:32 | shipping time part of this world drop |
00:08:29 | 00:08:34 | shipping model is that we don't |
00:08:32 | 00:08:36 | ship the item right and I feel like a |
00:08:34 | 00:08:39 | lot of people focus on the advantages |
00:08:36 | 00:08:41 | yeah you don't you don't put up money up |
00:08:39 | 00:08:44 | front and you don't have to hold |
00:08:41 | 00:08:46 | inventory and all this but with |
00:08:44 | 00:08:49 | all the advantages come these limited |
00:08:46 | 00:08:51 | come comes these limitations that we |
00:08:49 | 00:08:53 | work with and they're just part of the |
00:08:51 | 00:08:56 | game that's part of this whole thing |
00:08:53 | 00:08:59 | right like I think a lot of you guys who |
00:08:56 | 00:09:02 | haven't started yet I feel like focus |
00:08:59 | 00:09:03 | too much on the limitations and so I |
00:09:02 | 00:09:04 | made this video just like get rid of |
00:09:03 | 00:09:07 | these limitations |
00:09:04 | 00:09:10 | hopefully ok yes accept these |
00:09:07 | 00:09:12 | limitations but together with all these |
00:09:10 | 00:09:13 | limitations comes a positive comes the |
00:09:12 | 00:09:15 | fact that we can make money without |
00:09:13 | 00:09:17 | putting out a lot of money comes in fact |
00:09:15 | 00:09:18 | that we could sit at home comes in fact |
00:09:17 | 00:09:21 | that we could travel they were like oh |
00:09:18 | 00:09:23 | yeah and these like issues that people |
00:09:21 | 00:09:25 | ask about finally |
00:09:23 | 00:09:27 | are not the main issues it will be |
00:09:25 | 00:09:28 | somebody get something and it's broken |
00:09:27 | 00:09:29 | which could have happened whether you |
00:09:28 | 00:09:31 | drop ship - or whether you send it from |
00:09:29 | 00:09:32 | your house and then they're angry at you |
00:09:31 | 00:09:35 | or something like that like most of the |
00:09:32 | 00:09:36 | issues that I have to deal with aren't |
00:09:35 | 00:09:38 | dropshipping specific they're just |
00:09:36 | 00:09:41 | things that happen when you sell things |
00:09:38 | 00:09:43 | to people it's gonna be issue some |
00:09:41 | 00:09:44 | people aren't gonna be happy even if you |
00:09:43 | 00:09:46 | send something yourself the courrier |
00:09:44 | 00:09:49 | could lose it like these things could |
00:09:46 | 00:09:51 | happen regardless so people worry about |
00:09:49 | 00:09:52 | the wrong things that's not going to be |
00:09:51 | 00:09:55 | your stresses during the day if you drop |
00:09:52 | 00:09:57 | yeah and like girls you worry about |
00:09:55 | 00:09:58 | those little things if you can't get |
00:09:57 | 00:10:01 | over it |
00:09:58 | 00:10:02 | just get a job yeah but if you want to |
00:10:01 | 00:10:06 | learn to drop ship subscribe to my |
00:10:02 | 00:10:09 | channel and look at the description |
00:10:06 | 00:10:10 | subscribe to Beca channel anyway let's |
00:10:09 | 00:10:12 | get the out of here |
00:10:10 | 00:10:14 | love you guys shop you will look in the |
00:10:12 | 00:10:16 | description for the free and have a |
00:10:14 | 00:10:19 | good one Merry Christmas Happy Hanukkah |
00:10:16 | 00:10:23 | happy dance give it and you have |
00:10:19 | 00:10:23 | a blessed week and all a later |