How I Made $10,000 this Month on Facebook Marketplace

Published on: December 1 2022 by Bryan Guerra

How I Made $10,000 this Month on Facebook Marketplace

How I Made $10,000 this Month on Facebook Marketplace

How I Made $10,000 this Month on Facebook Marketplace

startTime	durationTime	text
00:00:00	00:00:03	all right guys so in this video i'm
00:00:01	00:00:05	gonna break down all the numbers on how
00:00:03	00:00:06	my drop shipping business did in the
00:00:05	00:00:09	month of october right so like the
00:00:06	00:00:12	revenue the expenses the profit the
00:00:09	00:00:14	profit per sale the roi on all the
00:00:12	00:00:16	platforms that i drop shipped on there
00:00:14	00:00:17	was uh five of them in total
00:00:16	00:00:19	um so we're gonna break down all those
00:00:17	00:00:20	numbers i like to do these a for me
00:00:19	00:00:24	obviously because i like to kind of
00:00:20	00:00:26	recap and it kind of lets me hit on and
00:00:24	00:00:28	kind of see exactly the numbers
00:00:26	00:00:30	specifically for each platform so i know
00:00:28	00:00:32	where my focus is at you know how to
00:00:30	00:00:34	improve certain things but also more
00:00:32	00:00:36	importantly it helps you guys because it
00:00:34	00:00:38	helps you see like how many sales i'm
00:00:36	00:00:41	making on each platform so you can kind
00:00:38	00:00:43	of weigh the you know the the time roi
00:00:41	00:00:45	on each platform as well as like the
00:00:43	00:00:46	profit per sale so you know like if
00:00:45	00:00:48	you're not marking your products up
00:00:46	00:00:50	enough and you can potentially get more
00:00:48	00:00:50	profit per sale right or vice versa
00:00:50	00:00:52	right
00:00:50	00:00:54	so there's a lot that you can take from
00:00:52	00:00:56	these as well as some inspiration if
00:00:54	00:00:57	you're just starting like by no means is
00:00:56	00:01:00	are these numbers unobtainable
00:00:57	00:01:01	whatsoever you can hit these numbers you
00:01:00	00:01:03	can even surpass these numbers i know a
00:01:01	00:01:05	lot of other people are doing a lot more
00:01:03	00:01:07	than me and so i think it's really
00:01:05	00:01:09	inspiring but also like i said it goes
00:01:07	00:01:11	to kind of show you like what's possible
00:01:09	00:01:14	and how you can kind of you know use
00:01:11	00:01:15	this insight to scale your own drop
00:01:14	00:01:18	shipping business okay so enough toking
00:01:15	00:01:19	let's just hop into the numbers uh i did
00:01:18	00:01:21	uh dropshipped on five different
00:01:19	00:01:22	marketplaces so we had facebook
00:01:21	00:01:24	marketplace obviously with a personal
00:01:22	00:01:26	account um it was mainly one personal
00:01:24	00:01:28	account but then i did also have some
00:01:26	00:01:29	sales on another personal account i
00:01:28	00:01:31	don't know what the actual you know
00:01:29	00:01:32	split is maybe like 70 30 or something
00:01:31	00:01:35	like that but the majority of the sales
00:01:32	00:01:36	happen on one um so we'll call that all
00:01:35	00:01:38	one personal account for facebook
00:01:36	00:01:41	marketplace the second one is a facebook
00:01:38	00:01:42	shop so it's just one facebook shop it's
00:01:41	00:01:44	not multiple shops i do have multiple
00:01:42	00:01:47	shops approved i'm only listing
00:01:44	00:01:48	currently on one of the shops
00:01:47	00:01:50	but i'm testing some other like
00:01:48	00:01:51	automation things out on some of the
00:01:50	00:01:53	other shops so that i can figure out
00:01:51	00:01:55	like you know is there a better way to
00:01:53	00:01:57	go out about listing this so that
00:01:55	00:01:59	potentially i don't have to use a va or
00:01:57	00:02:01	potentially i can you know scale a lot
00:01:59	00:02:03	faster with software and those solutions
00:02:01	00:02:05	are out there but i haven't had time yet
00:02:03	00:02:07	to really delve into them and i don't
00:02:05	00:02:08	know if i will this month i'm going to
00:02:07	00:02:10	tok about specifics of like you know
00:02:08	00:02:12	why november is a tough month for me and
00:02:10	00:02:13	i won't have a lot of you know space to
00:02:12	00:02:14	scale but those are definitely things
00:02:13	00:02:16	that i'm playing around with and we'll
00:02:14	00:02:18	report back to you guys as soon as i
00:02:16	00:02:20	figure them out and then i'll make
00:02:18	00:02:22	videos on right so that's like i said
00:02:20	00:02:24	personal marketplace facebook shop um
00:02:22	00:02:26	then obviously we drop shipped on amazon
00:02:24	00:02:29	we like i guess it is wade me and my
00:02:26	00:02:31	va's um but it's you know i dropshipped
00:02:29	00:02:32	on amazon um i also drop shipped a
00:02:31	00:02:34	little bit on mercari and a little bit
00:02:32	00:02:36	of poshmark which i did tok about
00:02:34	00:02:37	potentially wanting to scale up in the
00:02:36	00:02:38	month of october and we're going to
00:02:37	00:02:39	cover all those numbers here as well
00:02:38	00:02:40	okay
00:02:39	00:02:42	so
00:02:40	00:02:45	specifically on facebook marketplace uh
00:02:42	00:02:49	with the personal i had 357 sales in the
00:02:45	00:02:50	month of october uh i pulled in
00:02:49	00:02:53	hundred and fifty seven dollars and
00:02:50	00:02:55	twenty two cents i had to spend eleven
00:02:53	00:02:57	thousand five hundred fif sixty seven
00:02:55	00:02:59	dollars and ninety two cents to get
00:02:57	00:03:02	there for a profit of five thousand one
00:02:59	00:03:03	hundred dollars and forty cents and a
00:03:02	00:03:06	forty four
00:03:03	00:03:09	average profit margin okay so five
00:03:06	00:03:12	thousand one hundred dollars
00:03:09	00:03:16	divided by 357 and it's an average
00:03:12	00:03:18	profit of about 5 14 and 30 cents per
00:03:16	00:03:21	sale okay so those are the numbers for
00:03:18	00:03:24	facebook marketplace now on marketplace
00:03:21	00:03:25	specifically i i i
00:03:24	00:03:27	honestly can't remember how many times i
00:03:25	00:03:29	was suspended in the month of october
00:03:27	00:03:31	some uh like months i'll go this is
00:03:29	00:03:33	personal marketplace right not shops
00:03:31	00:03:34	some months i'll go and i won't have a
00:03:33	00:03:36	suspension some months i'll go and i'll
00:03:34	00:03:38	have multiple suspensions sometimes i'll
00:03:36	00:03:40	have one i was suspended multiple times
00:03:38	00:03:42	in october uh one of them was just like
00:03:40	00:03:44	a quick suspension then also we had like
00:03:42	00:03:46	them canceling all my orders in the
00:03:44	00:03:48	beginning of october which i also made a
00:03:46	00:03:49	video on so that probably cost me
00:03:48	00:03:51	another
00:03:49	00:03:52	i don't know eight hundred dollars ish i
00:03:51	00:03:53	think it was like seven or eight hundred
00:03:52	00:03:55	bucks or something because i did the
00:03:53	00:03:56	math on it one day uh so that's almost
00:03:55	00:03:57	another brand that i'm leaving on the
00:03:56	00:03:59	table because they canceled a bunch of
00:03:57	00:04:00	my orders and i had already shipped a
00:03:59	00:04:02	bunch of those orders out so i was out
00:04:00	00:04:05	the money um and then they also disabled
00:04:02	00:04:07	my account at one point uh for like a
00:04:05	00:04:09	day or two so not only did my personal
00:04:07	00:04:11	marketplace go down but my shop also
00:04:09	00:04:13	went down as well okay so i was
00:04:11	00:04:14	suspended multiple times so that's why
00:04:13	00:04:16	those numbers are a little bit lower
00:04:14	00:04:18	than i would have liked them to me
00:04:16	00:04:19	but still pretty good at like i said a
00:04:18	00:04:22	little bit over five grand just on
00:04:19	00:04:25	personal marketplace with again 357
00:04:22	00:04:28	sales so i'll take that sold numbers for
00:04:25	00:04:29	marketplace let's move to facebook shop
00:04:28	00:04:31	okay
00:04:29	00:04:33	so in my facebook shop um i actually did
00:04:31	00:04:35	a little bit worse than i did last month
00:04:33	00:04:36	um but for a number of different reasons
00:04:35	00:04:38	i was trying some different things i was
00:04:36	00:04:40	testing a bunch of different products i
00:04:38	00:04:41	also had to switch a va twice so that
00:04:40	00:04:43	you know kind of slowed me down because
00:04:41	00:04:44	i'm not actually listening to my shop
00:04:43	00:04:46	and i'm also not listening to my
00:04:44	00:04:48	marketplace myself personally i have
00:04:46	00:04:50	specific vas that do that um and so
00:04:48	00:04:51	there was a lot of different things that
00:04:50	00:04:54	were you know kind of going on in the
00:04:51	00:04:56	month of october for my listeners and
00:04:54	00:04:58	you know also like like i said i was
00:04:56	00:05:00	disabled the one time on shop uh because
00:04:58	00:05:02	i was disabled on personal marketplace
00:05:00	00:05:03	and if your your shop is connected to
00:05:02	00:05:05	your personal marketplace then obviously
00:05:03	00:05:06	your shop goes down as well for that
00:05:05	00:05:08	period of time so these numbers are a
00:05:06	00:05:11	little bit less than i would like but
00:05:08	00:05:14	they are still pretty solid so 411 sales
00:05:11	00:05:16	i uh ended up pulling in 12 500 and 91
00:05:14	00:05:18	cents i had to spend almost eight
00:05:16	00:05:20	thousand dollars at seven thousand nine
00:05:18	00:05:22	hundred and eight dollars and five cents
00:05:20	00:05:24	to get that money uh for a profit of
00:05:22	00:05:27	four thousand five hundred and ninety
00:05:24	00:05:28	two dollars and eighty six cents uh in
00:05:27	00:05:32	the month of october okay and that was
00:05:28	00:05:35	an average profit uh per sale of about
00:05:32	00:05:38	our average roi of a little bit over 58
00:05:35	00:05:40	so that's pretty freaking good roi and
00:05:38	00:05:43	i'm still not sure like i i list higher
00:05:40	00:05:45	on shops but i think like i have
00:05:43	00:05:46	i again i still have to go back i don't
00:05:45	00:05:48	have a lot of time to like to focus on
00:05:46	00:05:51	these specific numbers aspects but like
00:05:48	00:05:53	for some reason and it's not just it's
00:05:51	00:05:55	not only because
00:05:53	00:05:58	i'm listing higher but also because the
00:05:55	00:05:59	uh five percent like you you on on
00:05:58	00:06:01	personal marketplace they take that five
00:05:59	00:06:03	percent fee on shops they're not
00:06:01	00:06:06	currently doing that which is why my
00:06:03	00:06:08	margins are also higher right so
00:06:06	00:06:11	if you're like spending 10 grand or 15
00:06:08	00:06:14	grand on shops and marketplace but your
00:06:11	00:06:16	are your your roi is 20 higher on one
00:06:14	00:06:19	you're gonna make a lot and net a lot
00:06:16	00:06:20	more money on that right so that's just
00:06:19	00:06:23	even though i made a lot more sales on
00:06:20	00:06:25	on shops and you'll see here in a second
00:06:23	00:06:28	that my uh my profit per sale was down
00:06:25	00:06:30	my margin was actually higher okay
00:06:28	00:06:33	so if we do all the the numbers here
00:06:30	00:06:35	it's 400 and let's do this backwards so
00:06:33	00:06:38	four thousand five hundred and ninety
00:06:35	00:06:41	two dollars and 86 cents divided by 411
00:06:38	00:06:45	sales is a profit uh an average profit
00:06:41	00:06:49	per uh excuse me an average of 11
00:06:45	00:06:51	and about 18 cents profit per sale
00:06:49	00:06:54	okay so profit for sale was down but
00:06:51	00:06:56	again the roi was higher so you know i
00:06:54	00:06:57	like that a lot because
00:06:56	00:06:59	if i'm getting a higher return on my
00:06:57	00:07:01	money um even if i'm making a little bit
00:06:59	00:07:03	less i didn't have to do as much work to
00:07:01	00:07:05	get that
00:07:03	00:07:06	all right so next is poshmark and i
00:07:05	00:07:09	actually had a plan in the beginning of
00:07:06	00:07:11	october to scale poshmark and mercari up
00:07:09	00:07:13	i didn't really do it so these numbers
00:07:11	00:07:16	again are a little bit down i would set
00:07:13	00:07:18	another plan here to scale them up again
00:07:16	00:07:20	in in november and it is something i
00:07:18	00:07:22	plan on doing because looking at the
00:07:20	00:07:24	numbers and like how it actually works
00:07:22	00:07:26	like i don't see any reason why i can't
00:07:24	00:07:27	get to a thousand dollars profit and a
00:07:26	00:07:29	thousand dollars profit on both of those
00:07:27	00:07:31	right so one thousand on mercari a
00:07:29	00:07:33	thousand on poshmark it's very very
00:07:31	00:07:34	within the realm of possibility to do
00:07:33	00:07:36	that and i think i can definitely do
00:07:34	00:07:38	that if i would just focus on it and
00:07:36	00:07:40	maybe hire another va right i've been
00:07:38	00:07:41	putting it off it's like been on my list
00:07:40	00:07:43	of things to do at the bottom and i just
00:07:41	00:07:45	keep kind of pushing it there and i
00:07:43	00:07:47	haven't really done it i will do it i
00:07:45	00:07:49	will not do it in the month of november
00:07:47	00:07:50	because you know i'm focused on a lot of
00:07:49	00:07:52	other things in the month of november
00:07:50	00:07:53	i'm also getting married in two weeks
00:07:52	00:07:55	and then i have my honeymoon for like an
00:07:53	00:07:57	entire week so like half of the month of
00:07:55	00:07:59	november i'm not even going to be around
00:07:57	00:08:00	doing my e-commerce business so i'm not
00:07:59	00:08:02	really going to be setting too many
00:08:00	00:08:03	goals or like you know trying to scale
00:08:02	00:08:05	anything in the month of november i'm
00:08:03	00:08:07	just going to kind of be focusing on
00:08:05	00:08:10	maintaining what i can and trying to you
00:08:07	00:08:12	know milk all the the q4 sales out of
00:08:10	00:08:14	the two weeks that i am doing stuff in
00:08:12	00:08:15	november right because during my wedding
00:08:14	00:08:17	like i don't want to be stressed about
00:08:15	00:08:18	anything with my business i want to be
00:08:17	00:08:20	focused on that and enjoying it and same
00:08:18	00:08:22	thing with my honeymoon like once i get
00:08:20	00:08:23	you know once i start traveling for vk
00:08:22	00:08:25	for vacation on my honeymoon like i
00:08:23	00:08:27	don't want to worry about it hands off
00:08:25	00:08:28	everything's turned off i don't care
00:08:27	00:08:30	okay
00:08:28	00:08:31	so those are i didn't actually go over
00:08:30	00:08:34	the poshmark numbers but they aren't
00:08:31	00:08:36	that great 18 sales on poshmark uh
00:08:34	00:08:38	473.60
00:08:36	00:08:40	is what i pulled in had to spend a
00:08:38	00:08:43	little bit under 300 to get that the
00:08:40	00:08:45	profit on poshmark was 178
00:08:43	00:08:46	uh and the actual margins everybody
00:08:45	00:08:48	always complains about the margins on
00:08:46	00:08:51	like poshmark or uh mercari saying that
00:08:48	00:08:53	they're super low i don't see that in
00:08:51	00:08:55	every single month my my roi is
00:08:53	00:08:58	relatively good on both of those it's a
00:08:55	00:09:00	60 margin right on the dot 60 roi right
00:08:58	00:09:02	on the dot um you know for poshmark and
00:09:00	00:09:04	i think that's pretty solid even though
00:09:02	00:09:06	that the fees are high i mark all my
00:09:04	00:09:07	products up even higher and people just
00:09:06	00:09:09	seem to buy them don't know why i can't
00:09:07	00:09:12	explain it to you but they do and they
00:09:09	00:09:15	do month in and month out okay so 178
00:09:12	00:09:18	dollars and three cents divided by 18
00:09:15	00:09:19	sales is a little bit under 10 profit
00:09:18	00:09:21	per sale
00:09:19	00:09:24	all right
00:09:21	00:09:25	now with mercari i made 31 sales so it's
00:09:24	00:09:27	about the same you know numbers about
00:09:25	00:09:28	the same things you know everything that
00:09:27	00:09:30	i'm doing on poshmark i'm pretty much
00:09:28	00:09:32	doing on my car just the same i just
00:09:30	00:09:35	haven't scaled it so 31 sales on mercari
00:09:32	00:09:36	in the month of october i pulled in just
00:09:35	00:09:39	under eight hundred dollars i had to
00:09:36	00:09:42	spend just under 500 to get that the
00:09:39	00:09:45	profit was 305 dollars and one cent and
00:09:42	00:09:48	again the roi was 62
00:09:45	00:09:49	so pretty solid again on mercari okay
00:09:48	00:09:51	and there's a lot of scalability with
00:09:49	00:09:53	both of these platforms they're not my
00:09:51	00:09:55	main focus because i'd be an idiot to
00:09:53	00:09:56	like take my focus off shops and
00:09:55	00:09:58	marketplace when i'm making a
00:09:56	00:10:00	significant amount more and then turn it
00:09:58	00:10:02	on like you know mercari and poshmark
00:10:00	00:10:04	where i'm not making a lot more but you
00:10:02	00:10:06	know in the future i do plan on like
00:10:04	00:10:08	scaling them up as long as everything's
00:10:06	00:10:10	going smoothly and still scaling with
00:10:08	00:10:11	shops and marketplace and obviously
00:10:10	00:10:12	amazon which we're going to tok about
00:10:11	00:10:14	next okay
00:10:12	00:10:15	but there is a lot of potential here if
00:10:14	00:10:18	you're looking for another you know
00:10:15	00:10:20	marketplace to scale mercari poshmark
00:10:18	00:10:22	both phenomenal opportunities okay
00:10:20	00:10:26	so let's run the profit numbers here for
00:10:22	00:10:30	sale 305 dollars and one cents divided
00:10:26	00:10:34	by 31 sales is again just under 10 per
00:10:30	00:10:37	sale okay all right last one is amazon
00:10:34	00:10:38	and amazon's roi is always a little bit
00:10:37	00:10:41	lower it's more competitive on amazon
00:10:38	00:10:42	although if you find a a great product
00:10:41	00:10:44	it's it's
00:10:42	00:10:46	the way that you approach amazon is very
00:10:44	00:10:49	very different than drop shipping on
00:10:46	00:10:50	marketplaces like mercari or poshmark or
00:10:49	00:10:52	you know facebook marketplace or
00:10:50	00:10:54	facebook shops or anything like that or
00:10:52	00:10:56	even ebay right it's very very different
00:10:54	00:10:57	because you're competing for buy boxes
00:10:56	00:10:59	and certain products instead of just
00:10:57	00:11:01	listing all these products and then
00:10:59	00:11:03	hoping some sells right you're competing
00:11:01	00:11:05	on a listing rather than like the whole
00:11:03	00:11:07	marketplace specifically against
00:11:05	00:11:09	everybody else so the rois tend to be a
00:11:07	00:11:11	little bit lower but when you find hot
00:11:09	00:11:13	selling products you just rake in the
00:11:11	00:11:15	money and consistent sales right
00:11:13	00:11:17	so it's a lot more
00:11:15	00:11:20	work to to find products for amazon but
00:11:17	00:11:22	once you find the products from amazon
00:11:20	00:11:23	it's a lot less hands-off and you really
00:11:22	00:11:25	don't have to do anything you just
00:11:23	00:11:27	continue to get sales on that product
00:11:25	00:11:28	assuming it stays in stok assuming you
00:11:27	00:11:29	don't have any other competitors top on
00:11:28	00:11:31	the listing or you know anything like
00:11:29	00:11:32	that or someone tanks the price or
00:11:31	00:11:34	something like that but again all this
00:11:32	00:11:36	stuff too is stuff i tok about dropship
00:11:34	00:11:37	pro i rarely promote it but if you want
00:11:36	00:11:39	you know
00:11:37	00:11:40	to hop in and learn not just amazon not
00:11:39	00:11:43	just facebook shops not just facebook
00:11:40	00:11:45	marketplace mercari poshmark and a
00:11:43	00:11:47	number of other places as well always
00:11:45	00:11:50	linked in the description okay so on
00:11:47	00:11:53	amazon in the month of october i had 326
00:11:50	00:11:54	sales uh i ended up pulling in about 14
00:11:53	00:11:56	500
00:11:54	00:11:59	had to spend almost 12 grand to get
00:11:56	00:12:01	there and the profit was almost twenty
00:11:59	00:12:02	seven hundred dollars for two thousand
00:12:01	00:12:05	six hundred ninety one dollars and
00:12:02	00:12:07	twenty seven cents specifically okay the
00:12:05	00:12:08	roi uh was about twenty three percent
00:12:07	00:12:10	okay
00:12:08	00:12:13	overall so let's do the math here it's
00:12:10	00:12:13	2691.27
00:12:14	00:12:21	divided by 326 sales and it was about
00:12:17	00:12:22	8.25 profit per sale okay so now let's
00:12:21	00:12:24	actually add up the numbers which is
00:12:22	00:12:26	something something i completely forgot
00:12:24	00:12:27	to do last time and i think i just like
00:12:26	00:12:29	threw it in there at the top so let's
00:12:27	00:12:31	add up all the numbers again one thing i
00:12:29	00:12:34	didn't say is i did end up paying my
00:12:31	00:12:36	va's 2400 bucks to actually run you know
00:12:34	00:12:38	everything pretty much minus the order
00:12:36	00:12:40	processing so everything listing
00:12:38	00:12:42	customer service all the stuff that
00:12:40	00:12:45	isn't order processing i ended up paying
00:12:42	00:12:47	my va's 2 400 so we're going to take
00:12:45	00:12:49	that as an expense off the top and i'll
00:12:47	00:12:50	tell you specifically what my drop
00:12:49	00:12:53	shipping business netted
00:12:50	00:12:55	total overall uh in the month of october
00:12:53	00:12:57	okay so let's add it all up it was
00:12:55	00:12:59	two thousand
00:12:57	00:13:01	six hundred ninety one dollars and
00:12:59	00:13:03	twenty seven cents
00:13:01	00:13:05	i'm gonna take the app it was i think it
00:13:03	00:13:06	was 300 and 200 for poshmark it might
00:13:05	00:13:08	have been like five or ten dollars
00:13:06	00:13:10	difference but just to kind of throw
00:13:08	00:13:14	those in so we'll add another 500 bucks
00:13:10	00:13:14	for shops it was 4592.86
00:13:15	00:13:20	for marketplace it was
00:13:19	00:13:23	five thousand one hundred and forty
00:13:20	00:13:24	cents and so i ended up pulling in
00:13:23	00:13:26	twelve thousand eight hundred and eighty
00:13:24	00:13:28	four dollars and fifty three cents again
00:13:26	00:13:30	give or take five ten dollars for
00:13:28	00:13:33	poshmark mercari um ended up paying my
00:13:30	00:13:35	va's 2400 bucks so if we take 2 400
00:13:33	00:13:36	bucks off the top of that i ended up
00:13:35	00:13:37	netting 10
00:13:36	00:13:39	484
00:13:37	00:13:41	and 53 cents
00:13:39	00:13:44	roughly in the month of october okay and
00:13:41	00:13:45	that is all profit those are the numbers
00:13:44	00:13:47	specifically for the entire drop
00:13:45	00:13:48	shipping business for each specific
00:13:47	00:13:49	marketplace
00:13:48	00:13:53	really hope it helps and if you have any
00:13:49	00:13:53	questions let me know down below