Dropshipping on Facebook Marketplace Profit Report for June
Published on: December 1 2022 by Bryan Guerra
In this report, we will be discussing the profits of dropshipping on Facebook Marketplace for the month of June. Dropshipping has become a popular way for entrepreneurs to start their own businesses without the need for a physical storefront or inventory. Facebook Marketplace is a great platform for dropshipping because of its large user base and easy accessibility.
Profits:
During the month of June, we were able to generate a total profit of $10,000 through dropshipping on Facebook Marketplace. This was accomplished through the sale of various products, including electronics, home goods, and clothing.
Some key factors that contributed to our success include:
- Regularly updating our inventory with trending and popular products
- Offering competitive prices and free shipping
- Providing excellent customer service and quick responses to inquiries
Dropshipping on Facebook Marketplace can be a profitable venture for those willing to put in the effort and time. With a large user base and easy accessibility, it is a great platform for entrepreneurs to start their own businesses. By staying up-to-date with popular products, offering competitive prices and excellent customer service, dropshippers can see success in their endeavors.
Table of Contents About Dropshipping on Facebook Marketplace Profit Report for June
Dropshipping on Facebook Marketplace Profit Report for June
Drop Shipping on Facebook Marketplace: A Profit Report
In this article, we will provide a detailed profit report of drop shipping on Facebook Marketplace. We will discuss the revenue, sales, and hindrances faced during the third month of drop shipping. We will also share our future goals and strategies for scaling the business.
Sales and Revenue
In the month of June, we made 727 sales on Facebook Marketplace with no major issues except for a short vacation. However, we did not hit our target of $10,000 due to the time we took off. Our net profit for the month was $7,748.84 with an average profit margin of 30% per sale. Our revenue was $33,239.51, and we spent $25,544.56 on sourcing.
Hindrances Faced
The vacation we took hindered our sales and profit margin as we had to shut down the account for a few days. We estimate that we lost around $200-$300 a day during that time. Additionally, we had to pay $1,600 to our VA to list our products on Facebook Marketplace.
Future Goals and Strategies
Our goal for next month is to achieve a profit of $12,000. However, we have another vacation planned, so we are considering trusting our VA to handle the listings while we are away. We will be leveraging software like Z Drop and the time of our VA to scale our business. We will also focus on sourcing quality products and setting competitive prices.
Drop shipping on Facebook Marketplace can be a profitable business with the right strategies and systems in place. Building a system and training a VA to follow that system can make the business hands-off and scalable. We hope this profit report and our strategies will help you in your drop shipping journey. Check out our sourcing and VA training tutorials linked in the description for more information.
Read More
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- These 10 Things Will Spark Your Facebook Marketplace Sales
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- How Much Can You Make Dropshipping in One Month