How I Make $200 A Day With Manual Ebay Dropshipping In 2020
Published on: December 3 2022 by eCom Tom
How I Make $200 A Day With Manual Ebay Dropshipping In 2020
Table of Contents
How I Make $200 A Day With Manual Ebay Dropshipping In 2020
startTime | durationTime | text |
00:00:00 | 00:00:03 | all right everybody how's it going EECOM |
00:00:01 | 00:00:04 | Tommy or with another video coming at |
00:00:03 | 00:00:07 | you guys and in this video I want to |
00:00:04 | 00:00:09 | show you guys exactly how I hit and the |
00:00:07 | 00:00:12 | numbers to back it up over 200 dollars |
00:00:09 | 00:00:14 | in profit in one singular day April 2nd |
00:00:12 | 00:00:16 | about a week ago with my manual eBay |
00:00:14 | 00:00:18 | dropshipping store before you start |
00:00:16 | 00:00:20 | thinking oh a beta option is dead he's |
00:00:18 | 00:00:22 | just lying to me I'm just saying it's |
00:00:20 | 00:00:24 | not dead you just have to go in the |
00:00:22 | 00:00:26 | right direction in 2019 you have to make |
00:00:24 | 00:00:27 | the change you can't be stubborn and |
00:00:26 | 00:00:29 | stuck in your ways of using automated |
00:00:27 | 00:00:30 | software anymore and you have to make |
00:00:29 | 00:00:32 | the change take action to go into manual |
00:00:30 | 00:00:34 | you may drop shipping so with that being |
00:00:32 | 00:00:36 | said I want to ask you guys a question I |
00:00:34 | 00:00:38 | want you to comment below please and I |
00:00:36 | 00:00:40 | want to know have you guys started your |
00:00:38 | 00:00:43 | manual eBay dropshipping store yet and |
00:00:40 | 00:00:45 | if you have please let me know how your |
00:00:43 | 00:00:46 | results are what are your profit margins |
00:00:45 | 00:00:48 | you're getting some of my students since |
00:00:46 | 00:00:50 | I've released my course are getting some |
00:00:48 | 00:00:51 | crazy results right now we have one |
00:00:50 | 00:00:54 | student that hit almost 20 he's at |
00:00:51 | 00:00:57 | 27,000 and it's not even the end of his |
00:00:54 | 00:00:58 | first 30 days yet I did teach him a |
00:00:57 | 00:00:59 | little bit beforehand so he got the |
00:00:58 | 00:01:00 | court well he got the information a |
00:00:59 | 00:01:02 | little bit before the course came out |
00:01:00 | 00:01:04 | and other students that just started |
00:01:02 | 00:01:06 | with the course you know they are making |
00:01:04 | 00:01:07 | a lot of sales good sales and high |
00:01:06 | 00:01:09 | profit margins so I want to know have |
00:01:07 | 00:01:11 | you guys started and if not what is your |
00:01:09 | 00:01:13 | number one concern and questions as to |
00:01:11 | 00:01:14 | why you haven't gotten started yet and I |
00:01:13 | 00:01:16 | will address them all in the comments |
00:01:14 | 00:01:19 | below and before you say Oh Tom you're a |
00:01:16 | 00:01:20 | guru I can't do this I mean like I said |
00:01:19 | 00:01:23 | I'll show you guys proof in my next |
00:01:20 | 00:01:24 | video of just my students results and |
00:01:23 | 00:01:26 | how everything's going so far with the |
00:01:24 | 00:01:28 | launch and the release of my new course |
00:01:26 | 00:01:30 | but that being said there is only four |
00:01:28 | 00:01:32 | spots left in my new course to get the |
00:01:30 | 00:01:34 | course for the price that it's going to |
00:01:32 | 00:01:36 | be launching at on the 15th of April and |
00:01:34 | 00:01:38 | also get my virtual assistant mastery |
00:01:36 | 00:01:40 | course for $150 so make sure you check |
00:01:38 | 00:01:42 | that out in the description and also so |
00:01:40 | 00:01:44 | I show you the whole breakdown inside of |
00:01:42 | 00:01:46 | this video I want to tell you guys that |
00:01:44 | 00:01:48 | first off I make mistakes too |
00:01:46 | 00:01:50 | I made 22 orders in this day and I had |
00:01:48 | 00:01:52 | to cancel three of them two of them were |
00:01:50 | 00:01:53 | my mistake one of them was a repricing |
00:01:52 | 00:01:56 | error and I don't really read price |
00:01:53 | 00:01:58 | every hour so I can understand that and |
00:01:56 | 00:01:59 | also I do want to say that I have a gift |
00:01:58 | 00:02:01 | where you guys at the end of this video |
00:01:59 | 00:02:02 | so stik around for that and I'll see |
00:02:01 | 00:02:04 | you inside |
00:02:02 | 00:02:05 | alright so here we are inside of my |
00:02:04 | 00:02:07 | computer with my PowerPoint that I have |
00:02:05 | 00:02:08 | up on how I made two hundred dollars in |
00:02:07 | 00:02:11 | one day drop shipping with my manual |
00:02:08 | 00:02:12 | ebay drops in math in 2019 so before we |
00:02:11 | 00:02:13 | get started if any point you have a |
00:02:12 | 00:02:15 | question |
00:02:13 | 00:02:17 | like I always say please pause and type |
00:02:15 | 00:02:18 | it in if somebody else if somebody has a |
00:02:17 | 00:02:19 | question or if you have a question |
00:02:18 | 00:02:22 | I can guarantee you somebody else out |
00:02:19 | 00:02:23 | there has it so ask it I will answer it |
00:02:22 | 00:02:24 | I make sure to answer every single |
00:02:23 | 00:02:26 | comment out there and if I miss it |
00:02:24 | 00:02:28 | comment again and then I'll be sure to |
00:02:26 | 00:02:30 | answer and also if you like what you see |
00:02:28 | 00:02:32 | throughout this video please smash that |
00:02:30 | 00:02:33 | like button we're gonna get more of this |
00:02:32 | 00:02:34 | information out there and manually eBay |
00:02:33 | 00:02:37 | dropshipping so other people out there |
00:02:34 | 00:02:38 | can see what the truth is and stop using |
00:02:37 | 00:02:40 | these automated software's that are |
00:02:38 | 00:02:41 | flagging their accounts so with that |
00:02:40 | 00:02:44 | being said let's get into it so the |
00:02:41 | 00:02:45 | overview of my sales for the day this is |
00:02:44 | 00:02:47 | April 2nd of 2018 |
00:02:45 | 00:02:50 | I mean 2019 sorry I'm in the wrong year |
00:02:47 | 00:02:52 | here there's 22 orders and of which |
00:02:50 | 00:02:54 | those 22 orders I got to get my pointer |
00:02:52 | 00:02:57 | on my pointer on right now of those 22 |
00:02:54 | 00:02:59 | orders three of them I had to cancel so |
00:02:57 | 00:03:00 | two of them were my mistake and that was |
00:02:59 | 00:03:02 | a mistake with listing Walmart items on |
00:03:00 | 00:03:04 | to skew grid which I will explain later |
00:03:02 | 00:03:07 | and one of them was out of stok and |
00:03:04 | 00:03:08 | that was kind of just my issue it's just |
00:03:07 | 00:03:10 | because I don't reap rice all the time I |
00:03:08 | 00:03:12 | read price every three to four hours and |
00:03:10 | 00:03:13 | sometimes overnight if something happens |
00:03:12 | 00:03:16 | or if I forget to reap rice that's the |
00:03:13 | 00:03:18 | issue I wasn't really a big deal but one |
00:03:16 | 00:03:19 | thing I do want to say I want to quick I |
00:03:18 | 00:03:21 | have a quick quiz question for you guys |
00:03:19 | 00:03:23 | right now and you can pause the video |
00:03:21 | 00:03:25 | and answer it right here and that is |
00:03:23 | 00:03:27 | what is the best way to cancel an order |
00:03:25 | 00:03:28 | on eBay so you don't mess up your |
00:03:27 | 00:03:32 | metrics I'll let you guys answer it |
00:03:28 | 00:03:33 | pause the video do all right so we're |
00:03:32 | 00:03:36 | back at it the average order cost so |
00:03:33 | 00:03:38 | it's 22 minus 3 there's 19 orders in the |
00:03:36 | 00:03:40 | average cost or price of the order that |
00:03:38 | 00:03:42 | somebody paid for 114 dollars in 34 |
00:03:40 | 00:03:44 | cents there was zero orders at negative |
00:03:42 | 00:03:46 | profit but there were some that were a |
00:03:44 | 00:03:47 | lot lower than 10% or possibly we're |
00:03:46 | 00:03:49 | close that were close to negative |
00:03:47 | 00:03:50 | without cash back and I'll explain that |
00:03:49 | 00:03:52 | in a bit |
00:03:50 | 00:03:54 | I'm the profit that I pocket was two |
00:03:52 | 00:03:55 | hundred seven dollars and 14 cents I |
00:03:54 | 00:03:59 | took into consideration every single fee |
00:03:55 | 00:04:01 | here and items listed was 453 items on |
00:03:59 | 00:04:04 | my account at the time so like I said |
00:04:01 | 00:04:06 | you can make a lot of money here with a |
00:04:04 | 00:04:07 | small amount of items let's get into the |
00:04:06 | 00:04:09 | breakdown this might be a little bit |
00:04:07 | 00:04:10 | confusing but I got my pointer and I got |
00:04:09 | 00:04:12 | things highlighted so we should be able |
00:04:10 | 00:04:13 | to get through it so sold them out on |
00:04:12 | 00:04:16 | eBay so the sold amount of the items |
00:04:13 | 00:04:18 | that I didn't cancel so all 19 of the |
00:04:16 | 00:04:19 | orders that didn't cancel was two |
00:04:18 | 00:04:21 | thousand one hundred seventy two dollars |
00:04:19 | 00:04:23 | and thirty-nine cents the amount after |
00:04:21 | 00:04:26 | PayPal and eBay fees was this and then |
00:04:23 | 00:04:27 | promoted listing fees yes I still use |
00:04:26 | 00:04:28 | promoted listings and yes |
00:04:27 | 00:04:30 | they still work on manual eBay |
00:04:28 | 00:04:32 | dropshipping stores and the promoter |
00:04:30 | 00:04:34 | listing fees were $30 and 53 cents so |
00:04:32 | 00:04:36 | the total after fees was eighteen |
00:04:34 | 00:04:38 | hundred seventy four dollars and thirty |
00:04:36 | 00:04:40 | nine cents and this is all just inside |
00:04:38 | 00:04:42 | of eBay and this is my total expenses so |
00:04:40 | 00:04:45 | my item cost was sixteen seventy two and |
00:04:42 | 00:04:46 | thirty seven cents my shipping costs and |
00:04:45 | 00:04:48 | I'll explain why I had shipping costs in |
00:04:46 | 00:04:50 | a bit that's seventy four dollars and |
00:04:48 | 00:04:52 | fifty two cents and then my sales tax |
00:04:50 | 00:04:53 | paid that's the biggest issue as to why |
00:04:52 | 00:04:56 | I didn't make more profit wide and |
00:04:53 | 00:04:57 | actually fully hit ten percent profit |
00:04:56 | 00:04:59 | because I would have hit ten percent if |
00:04:57 | 00:05:01 | I didn't pay the sales tax that I didn't |
00:04:59 | 00:05:05 | need to pay and I met I made a mistake |
00:05:01 | 00:05:06 | like I said I'm human as well and there |
00:05:05 | 00:05:08 | was also another mistake I made and that |
00:05:06 | 00:05:09 | wasn't my promoted listing fees they're |
00:05:08 | 00:05:11 | a little bit higher than they should |
00:05:09 | 00:05:12 | have been because I guess I told my VA |
00:05:11 | 00:05:15 | in the past to put them at 3 percent |
00:05:12 | 00:05:17 | when in reality I wanted them down to |
00:05:15 | 00:05:19 | 1.5 or 2% so some of them were getting |
00:05:17 | 00:05:20 | hit with 3% so that's a couple extra |
00:05:19 | 00:05:22 | percents here and there you know it's |
00:05:20 | 00:05:24 | not a big deal but over time it will add |
00:05:22 | 00:05:26 | up so this is my little supplier cost |
00:05:24 | 00:05:28 | guy he's a he's a nice little graphic |
00:05:26 | 00:05:30 | here there's a credit card cash back so |
00:05:28 | 00:05:32 | I used to spark business card it's 2% |
00:05:30 | 00:05:34 | cash back and they run a lot of deals |
00:05:32 | 00:05:35 | and promotions that if you get it and |
00:05:34 | 00:05:37 | you spend a certain amount like when I |
00:05:35 | 00:05:39 | got it it was if you spend fifty |
00:05:37 | 00:05:41 | thousand dollars within six months on |
00:05:39 | 00:05:45 | the card then you will in fact actually |
00:05:41 | 00:05:46 | get two thousand dollars in extra cash |
00:05:45 | 00:05:49 | back plus 2 percent on 50 thousand |
00:05:46 | 00:05:50 | dollars is a thousand dollars as well so |
00:05:49 | 00:05:53 | you get three three thousand dollars on |
00:05:50 | 00:05:54 | $50 50 thousand spent so that's a great |
00:05:53 | 00:05:56 | deal |
00:05:54 | 00:05:58 | they run the promo sometimes and then of |
00:05:56 | 00:06:00 | course giving assistant I got 55 dollars |
00:05:58 | 00:06:02 | and 71 cents from giving assistant and |
00:06:00 | 00:06:04 | as you can see giving assistant in my |
00:06:02 | 00:06:06 | opinion is the best cash back website |
00:06:04 | 00:06:08 | out there I really love it I get cash |
00:06:06 | 00:06:09 | back on every single order as long as |
00:06:08 | 00:06:10 | you order it correctly and you do |
00:06:09 | 00:06:12 | everything right the way that I teach |
00:06:10 | 00:06:14 | inside of my courses and my other |
00:06:12 | 00:06:15 | coaching's then you will be able to get |
00:06:14 | 00:06:17 | cash back on every single order I know a |
00:06:15 | 00:06:19 | lot of people they'll factor in their |
00:06:17 | 00:06:21 | cash back but in reality they're not |
00:06:19 | 00:06:23 | even getting the cash back and giving |
00:06:21 | 00:06:25 | assistant makes it very easy to track as |
00:06:23 | 00:06:26 | well so the profit altogether was two |
00:06:25 | 00:06:29 | hundred and seven dollars and fourteen |
00:06:26 | 00:06:30 | cents the front end was a hundred and |
00:06:29 | 00:06:32 | seventeen ninety eight and it is a |
00:06:30 | 00:06:34 | little bit lower than I really expected |
00:06:32 | 00:06:36 | or I really wanted and I'll show you why |
00:06:34 | 00:06:38 | and in the next slides when when I break |
00:06:36 | 00:06:40 | down my excel sheet on it because there |
00:06:38 | 00:06:40 | was a few issues that went on cash back |
00:06:40 | 00:06:42 | was almost |
00:06:40 | 00:06:43 | ninety dollars and all together like I |
00:06:42 | 00:06:46 | said it's two hundred seven dollars |
00:06:43 | 00:06:48 | fourteen cents so on the next slide this |
00:06:46 | 00:06:50 | is a snapshot from my profit sheet and |
00:06:48 | 00:06:52 | anybody that is inside of my course has |
00:06:50 | 00:06:53 | this same exact profit sheet that I have |
00:06:52 | 00:06:55 | I may have made a slight little change |
00:06:53 | 00:06:58 | to it afterwards but it's basically the |
00:06:55 | 00:07:00 | same so this is a date like I said April |
00:06:58 | 00:07:01 | 2nd 2019 this is the eBay order number I |
00:07:00 | 00:07:03 | like to keep this here because this is a |
00:07:01 | 00:07:04 | hyperlink and you can click on it and go |
00:07:03 | 00:07:06 | straight to your eBay account straight |
00:07:04 | 00:07:08 | to that order right away as you can see |
00:07:06 | 00:07:10 | it's five six seven eight nine ten |
00:07:08 | 00:07:12 | eleven twelve thirteen is missing |
00:07:10 | 00:07:14 | because I cancel at fourteen fifteen |
00:07:12 | 00:07:16 | sixteen seventeen eighteen I can't until |
00:07:14 | 00:07:17 | nineteen twenty I cancelled twenty-one |
00:07:16 | 00:07:19 | twenty-two twenty-three twenty-four |
00:07:17 | 00:07:21 | twenty-five twenty-six Walmart is you |
00:07:19 | 00:07:23 | know about half of the orders are close |
00:07:21 | 00:07:24 | to half of the orders this is a this is |
00:07:23 | 00:07:27 | one supplier all the green boxes is the |
00:07:24 | 00:07:29 | same supplier and as you can tell a lot |
00:07:27 | 00:07:31 | of the items coming from this green |
00:07:29 | 00:07:33 | supplier I am paying shipping on in this |
00:07:31 | 00:07:36 | supplier and it's very hard to be able |
00:07:33 | 00:07:37 | to get a proper amount of profit you |
00:07:36 | 00:07:38 | know in a very accurate when I'm |
00:07:37 | 00:07:40 | probably cuz you can see this one was |
00:07:38 | 00:07:43 | eight point seven eight point five seven |
00:07:40 | 00:07:44 | percent this one was nine point five |
00:07:43 | 00:07:46 | seven percent which is what I aim for |
00:07:44 | 00:07:49 | around there around ten percent with the |
00:07:46 | 00:07:51 | cash back card without shipping but the |
00:07:49 | 00:07:53 | thing is this supplier has variable |
00:07:51 | 00:07:54 | shipping costs so if it's going to one |
00:07:53 | 00:07:56 | place it might cost more than going to |
00:07:54 | 00:07:57 | another place and that's why it's pretty |
00:07:56 | 00:08:00 | hard to be able to actually pinpoint |
00:07:57 | 00:08:03 | your profits you can in SKU great and |
00:08:00 | 00:08:06 | says here to add like a +1 or $2 buffer |
00:08:03 | 00:08:07 | to to a single item or to any items out |
00:08:06 | 00:08:09 | there or an item that from a specific |
00:08:07 | 00:08:12 | supplier you can do everything it's all |
00:08:09 | 00:08:13 | very versatile inside skew grid so |
00:08:12 | 00:08:15 | that's why the prices when I'm getting |
00:08:13 | 00:08:17 | charged shipping like they're varying |
00:08:15 | 00:08:18 | like this one was only three point six |
00:08:17 | 00:08:20 | three percent and I don't worry about |
00:08:18 | 00:08:21 | things like that the main reason why I |
00:08:20 | 00:08:23 | don't worry about is because overall the |
00:08:21 | 00:08:25 | average is coming out to around ten |
00:08:23 | 00:08:26 | percent and that's why you really have |
00:08:25 | 00:08:27 | to worry about if I have an item that's |
00:08:26 | 00:08:28 | going negative |
00:08:27 | 00:08:30 | I'd rather as long as it's not negative |
00:08:28 | 00:08:33 | like fifty sixty dollars from some like |
00:08:30 | 00:08:34 | huge change or huge mistake I'm gonna |
00:08:33 | 00:08:36 | order the item no matter what because of |
00:08:34 | 00:08:38 | the fact that I don't want to cancel the |
00:08:36 | 00:08:39 | item eBay does not like when you cancel |
00:08:38 | 00:08:42 | items they're definitely cracking down |
00:08:39 | 00:08:44 | on people canceling items and it leads |
00:08:42 | 00:08:46 | to a negative buyer experience which is |
00:08:44 | 00:08:48 | exactly what you want to avoid in eBay |
00:08:46 | 00:08:50 | dropshipping in 2019 especially with |
00:08:48 | 00:08:52 | manual eBay dropshipping this blue |
00:08:50 | 00:08:54 | square is another supplier where you |
00:08:52 | 00:08:55 | cannot get to act exempt so |
00:08:54 | 00:08:57 | I paid a small amount of tax I think I'm |
00:08:55 | 00:08:58 | gonna stop using them just because you |
00:08:57 | 00:09:00 | know that they I'm not really selling |
00:08:58 | 00:09:02 | very high priced items from them and I |
00:09:00 | 00:09:04 | don't really like just fighting for |
00:09:02 | 00:09:07 | scraps here and then Walmart right here |
00:09:04 | 00:09:09 | like I said taxed on Walmart order |
00:09:07 | 00:09:11 | because it went to Tennessee so when I |
00:09:09 | 00:09:13 | was making my course I actually redid |
00:09:11 | 00:09:15 | the my entire Walmart tax exemption on |
00:09:13 | 00:09:17 | one account and then I had to go back in |
00:09:15 | 00:09:20 | and refix it all and I forgot to add in |
00:09:17 | 00:09:23 | my Tennessee resale certificate if you |
00:09:20 | 00:09:24 | are just basic tax exempt on Walmart I |
00:09:23 | 00:09:26 | will show you in the next slide that you |
00:09:24 | 00:09:28 | won't be tax exempt for Tennessee but I |
00:09:26 | 00:09:30 | do in fact have a resale certificate for |
00:09:28 | 00:09:32 | Tennessee I just forgot to upload it so |
00:09:30 | 00:09:34 | I out on eight dollars and twenty-nine |
00:09:32 | 00:09:36 | cents potential profit which would have |
00:09:34 | 00:09:38 | pushed me over 10% altogether this item |
00:09:36 | 00:09:40 | would have been a lot higher and as you |
00:09:38 | 00:09:43 | can tell I mean I did hit 36 percent on |
00:09:40 | 00:09:44 | a Lowe's item my I do use Lowe's I don't |
00:09:43 | 00:09:45 | use a lot of Lowe's I do think that |
00:09:44 | 00:09:47 | they're a little bit hard to deal with |
00:09:45 | 00:09:48 | but I I do believe if you know what |
00:09:47 | 00:09:51 | you're doing then you will be able to |
00:09:48 | 00:09:52 | you know may have success with them you |
00:09:51 | 00:09:54 | just have to be willing to deal with a |
00:09:52 | 00:09:57 | lot more a lot more issues that rollout |
00:09:54 | 00:09:58 | with Lowe's so if you guys have any |
00:09:57 | 00:10:00 | questions about this profit sheet |
00:09:58 | 00:10:01 | comment below because I know it is a |
00:10:00 | 00:10:03 | little bit confusing so it's basically |
00:10:01 | 00:10:05 | the purchase price I do the math on what |
00:10:03 | 00:10:08 | they or the sold price I do the math |
00:10:05 | 00:10:10 | minus the fees on what they perk on what |
00:10:08 | 00:10:12 | they spy it for this is what I this is |
00:10:10 | 00:10:14 | what I purchase it for then I add in my |
00:10:12 | 00:10:15 | shipping cost if there are any like I |
00:10:14 | 00:10:17 | said the majority that won't have |
00:10:15 | 00:10:18 | shipping but some of the suppliers do |
00:10:17 | 00:10:21 | have shipping if they're more of a |
00:10:18 | 00:10:22 | wholesaler s-type supplier tax as long |
00:10:21 | 00:10:24 | as your tax exempt at the supplier you |
00:10:22 | 00:10:26 | should not be getting charged tax and I |
00:10:24 | 00:10:28 | highly highly suggest everybody getting |
00:10:26 | 00:10:30 | tax exempt at every single possible |
00:10:28 | 00:10:31 | supplier you're allowed to a lot of them |
00:10:30 | 00:10:33 | do have it you just have to kind of |
00:10:31 | 00:10:35 | reach out and find it in the little |
00:10:33 | 00:10:37 | depths of the bottom of their website or |
00:10:35 | 00:10:39 | call people you know you're gonna have |
00:10:37 | 00:10:41 | to pick up the phone sometimes extra |
00:10:39 | 00:10:43 | fees is for if I like purchase anything |
00:10:41 | 00:10:44 | extra or if I do anything extra it very |
00:10:43 | 00:10:47 | rarely happens it happens with Lowe's |
00:10:44 | 00:10:49 | sometimes cash back credit cards CC |
00:10:47 | 00:10:51 | cashback that's credit card cash back |
00:10:49 | 00:10:53 | it's 2% on every order and that's on the |
00:10:51 | 00:10:55 | purchase price before shipping and |
00:10:53 | 00:10:57 | before tax so it's the singular purchase |
00:10:55 | 00:10:59 | price that's why I have it split up I |
00:10:57 | 00:11:01 | don't have just total cost altogether |
00:10:59 | 00:11:02 | because then my credit card cash back |
00:11:01 | 00:11:04 | number would be thrown off so it's based |
00:11:02 | 00:11:07 | off just singular the purchase price |
00:11:04 | 00:11:07 | then cash back there's actually another |
00:11:07 | 00:11:09 | sheet I have that |
00:11:07 | 00:11:12 | that's connected in this or another tab |
00:11:09 | 00:11:14 | in this sheet and basically I track all |
00:11:12 | 00:11:15 | of my orders in a row that you know the |
00:11:14 | 00:11:17 | next tab will pull over information from |
00:11:15 | 00:11:20 | this line and then basically you can |
00:11:17 | 00:11:22 | track your cashback manually and as you |
00:11:20 | 00:11:24 | do see this the green supplier does not |
00:11:22 | 00:11:26 | offer cash back through cashback |
00:11:24 | 00:11:28 | websites but as you see every single |
00:11:26 | 00:11:31 | order besides the orders coming from the |
00:11:28 | 00:11:33 | green supplier or it did actually get |
00:11:31 | 00:11:36 | cash back so I do get cash back on every |
00:11:33 | 00:11:38 | single order and you guys should too if |
00:11:36 | 00:11:39 | you do it correctly profit that's the |
00:11:38 | 00:11:40 | profit margin add it up I probably |
00:11:39 | 00:11:42 | should have put the you know the total |
00:11:40 | 00:11:44 | right here and these are the percentages |
00:11:42 | 00:11:45 | which is the profit divided by the sold |
00:11:44 | 00:11:46 | price |
00:11:45 | 00:11:47 | some people do profit divided by |
00:11:46 | 00:11:49 | purchase price because it's like the |
00:11:47 | 00:11:51 | money that they made on their investment |
00:11:49 | 00:11:52 | or their return on investment I don't I |
00:11:51 | 00:11:54 | don't like that I just want to figure |
00:11:52 | 00:11:56 | out the total profit percentage so |
00:11:54 | 00:11:58 | that's the breakdown of my profit sheet |
00:11:56 | 00:12:00 | and it is I know it seems a little |
00:11:58 | 00:12:02 | in-depth but you don't have to have it |
00:12:00 | 00:12:03 | as in-depth as I do I'm pretty good at |
00:12:02 | 00:12:06 | Excel and I really like to make |
00:12:03 | 00:12:07 | everything as automated as possible so a |
00:12:06 | 00:12:09 | little bit about Walmart taxes emption |
00:12:07 | 00:12:10 | are just tax exemption in general for a |
00:12:09 | 00:12:12 | lot of websites I wanted to give you |
00:12:10 | 00:12:14 | guys a little bonus slide here is you |
00:12:12 | 00:12:17 | can easily get tax exempt in all states |
00:12:14 | 00:12:18 | besides the ones below unless you live |
00:12:17 | 00:12:20 | in one of them so if you live in one of |
00:12:18 | 00:12:21 | them you're all good so California |
00:12:20 | 00:12:23 | Connectikut Florida Hawaii Maryland |
00:12:21 | 00:12:25 | Massachusetts Mississippi Tennessee I |
00:12:23 | 00:12:26 | used to live in Massachusetts so right |
00:12:25 | 00:12:28 | off the bat I was exempt in |
00:12:26 | 00:12:30 | Massachusetts as well but it's amazing |
00:12:28 | 00:12:33 | just to get tax exempt immediately in |
00:12:30 | 00:12:35 | almost what is it around 40 states or 36 |
00:12:33 | 00:12:37 | states there's some states that don't |
00:12:35 | 00:12:39 | charge sales tax and then we don't ship |
00:12:37 | 00:12:40 | to Alaska and Hawaii so that brings it |
00:12:39 | 00:12:43 | down a bit but you do realize that |
00:12:40 | 00:12:45 | California and Florida are the two |
00:12:43 | 00:12:48 | biggest states to make sales and maybe |
00:12:45 | 00:12:51 | Texas is in there so you cannot be |
00:12:48 | 00:12:52 | paying tax on these items going to these |
00:12:51 | 00:12:54 | states you need to go out there and get |
00:12:52 | 00:12:56 | resale certificates for these states and |
00:12:54 | 00:12:57 | if you have any questions on that leave |
00:12:56 | 00:13:00 | questions below or message me on |
00:12:57 | 00:13:01 | Facebook I can help you out with it I do |
00:13:00 | 00:13:03 | run a service to get people taxes m's |
00:13:01 | 00:13:05 | and it's been working pretty well |
00:13:03 | 00:13:06 | Connectikut I myself aren't even I'm not |
00:13:05 | 00:13:08 | even - accident in Connectikut yet I |
00:13:06 | 00:13:10 | don't worry about Connectikut or |
00:13:08 | 00:13:12 | Mississippi really but I do have |
00:13:10 | 00:13:13 | Maryland I do have Massachusetts and I |
00:13:12 | 00:13:15 | do have Tennessee as well as California |
00:13:13 | 00:13:17 | in Florida Hawaii doesn't matter because |
00:13:15 | 00:13:19 | I don't ship there you really do need to |
00:13:17 | 00:13:20 | make sure that if you go above and |
00:13:19 | 00:13:21 | beyond you will be |
00:13:20 | 00:13:24 | to make more money like if I had my |
00:13:21 | 00:13:26 | Tennessee sales tax permit in this slide |
00:13:24 | 00:13:28 | if I had it registered and uploaded like |
00:13:26 | 00:13:30 | I used to I would have had eight dollars |
00:13:28 | 00:13:32 | and twenty-nine cents extra in my pocket |
00:13:30 | 00:13:34 | and that's just as simple as that I mean |
00:13:32 | 00:13:36 | instead I ended up having to pay it and |
00:13:34 | 00:13:37 | it's a lot I didn't make money on that |
00:13:36 | 00:13:39 | order well I made some but not as much |
00:13:37 | 00:13:41 | as I could have and it really kind of |
00:13:39 | 00:13:43 | stinks but you know you're gonna save |
00:13:41 | 00:13:45 | thousands of dollars annually and it's |
00:13:43 | 00:13:47 | ideal for Amazon and eBay dropshipping |
00:13:45 | 00:13:49 | cuz a lot of people do dropship Walmart |
00:13:47 | 00:13:51 | onto Amazon so it is very helpful to |
00:13:49 | 00:13:53 | have and this works for just about every |
00:13:51 | 00:13:56 | single other type of supplier out there |
00:13:53 | 00:13:57 | Home Depot's kind of the same way Amazon |
00:13:56 | 00:13:59 | is definitely the same way if you're |
00:13:57 | 00:14:00 | gonna try to get tax exempt on Amazon |
00:13:59 | 00:14:02 | for purchasing if you still use them and |
00:14:00 | 00:14:04 | then other suppliers out there you know |
00:14:02 | 00:14:06 | they're kind of iffy and finicky some |
00:14:04 | 00:14:07 | are really hard you're gonna have to |
00:14:06 | 00:14:09 | have a resale certificate for every |
00:14:07 | 00:14:10 | state some you're not gonna have to if |
00:14:09 | 00:14:13 | you don't know what a resale certificate |
00:14:10 | 00:14:15 | is I mean ask below but it is basically |
00:14:13 | 00:14:17 | a certain number that the state will |
00:14:15 | 00:14:18 | give you or an ID that the state will |
00:14:17 | 00:14:19 | give you saying that you're allowed to |
00:14:18 | 00:14:21 | collect and remit sales tax to the state |
00:14:19 | 00:14:23 | you can then give that to your supplier |
00:14:21 | 00:14:25 | and get exempt at that supplier in that |
00:14:23 | 00:14:27 | state so what are the takeaways from |
00:14:25 | 00:14:27 | this video now I'm gonna speed this up a |
00:14:27 | 00:14:30 | bit |
00:14:27 | 00:14:31 | listening Walmart items in skew grid is |
00:14:30 | 00:14:33 | finicky so when I was listening Walmart |
00:14:31 | 00:14:35 | items I was listing some items as there |
00:14:33 | 00:14:37 | were variations on Walmart but they were |
00:14:35 | 00:14:39 | singular items on eBay and you have to |
00:14:37 | 00:14:41 | actually specify on SKU grid what the |
00:14:39 | 00:14:43 | variation is or also we'll reprice at |
00:14:41 | 00:14:44 | the lowest price which kind of messed me |
00:14:43 | 00:14:48 | up that's why I had to cancel two of the |
00:14:44 | 00:14:49 | Walmart orders so you need to get fully |
00:14:48 | 00:14:51 | tax exempt at your supplier that's it's |
00:14:49 | 00:14:53 | it's imperative and you'll be able to be |
00:14:51 | 00:14:55 | way more competitive have your items |
00:14:53 | 00:14:57 | priced lower but in reality you're still |
00:14:55 | 00:14:59 | making the same profit and be able to |
00:14:57 | 00:15:01 | out price your competitors that aren't |
00:14:59 | 00:15:04 | tax exempt so you're gonna get 10% |
00:15:01 | 00:15:06 | profit easily is easily achievable with |
00:15:04 | 00:15:08 | a manual store I mean I lowered my |
00:15:06 | 00:15:09 | profits just to make more sales I think |
00:15:08 | 00:15:11 | the next day after that I hit 3,000 in |
00:15:09 | 00:15:13 | sales and I have less than 500 items up |
00:15:11 | 00:15:14 | and I'm still in the experimental phase |
00:15:13 | 00:15:15 | like I said this accounts only been |
00:15:14 | 00:15:17 | around for three months now |
00:15:15 | 00:15:19 | and it's absolutely killing it and I'm |
00:15:17 | 00:15:20 | doing extremely well I couldn't be |
00:15:19 | 00:15:21 | happier with the way it's going and the |
00:15:20 | 00:15:23 | way it's going for my students at the |
00:15:21 | 00:15:26 | moment the manual eBay dropshipping |
00:15:23 | 00:15:27 | method is the only way to go in 2019 as |
00:15:26 | 00:15:29 | I've been saying throughout this video |
00:15:27 | 00:15:32 | and promoted listening still work I |
00:15:29 | 00:15:34 | forgot to mention right here every order |
00:15:32 | 00:15:36 | that's highlighted yellow |
00:15:34 | 00:15:37 | was a promoted listing and yes I said |
00:15:36 | 00:15:39 | that I accidentally had some of them |
00:15:37 | 00:15:40 | priced at 3% so I took a lot of my |
00:15:39 | 00:15:42 | profit away but I did already calculate |
00:15:40 | 00:15:44 | that in and if I didn't have promoted |
00:15:42 | 00:15:48 | listings yes I wouldn't pay the extra |
00:15:44 | 00:15:50 | $30 but also I made $24 profit on this |
00:15:48 | 00:15:51 | one promoted listing sale if it wasn't |
00:15:50 | 00:15:53 | promoted maybe I wouldn't have sold it |
00:15:51 | 00:15:55 | that's the way I look at it look at the |
00:15:53 | 00:15:57 | extra profit I made for the $30 that I |
00:15:55 | 00:15:59 | spent on promoted listings I mean right |
00:15:57 | 00:16:02 | there that's close to I mean that's |
00:15:59 | 00:16:05 | close to 75 $80 right there I mean I |
00:16:02 | 00:16:07 | made over $100 profit on the $30 spent |
00:16:05 | 00:16:08 | on the promoted listings so you cannot |
00:16:07 | 00:16:11 | complain about them they still work |
00:16:08 | 00:16:14 | I'm not flagged I have multiple videos |
00:16:11 | 00:16:16 | out there showing my impressions on my |
00:16:14 | 00:16:19 | promoted listings over time and they |
00:16:16 | 00:16:21 | have not gone down yet so you you need |
00:16:19 | 00:16:23 | to be doing promoted listings it's very |
00:16:21 | 00:16:25 | helpful and you do not need a ton of |
00:16:23 | 00:16:27 | items like I said there's 453 items in |
00:16:25 | 00:16:30 | my store at the time give or take 10 20 |
00:16:27 | 00:16:32 | and that is really all you need I mean |
00:16:30 | 00:16:33 | from there all you have to do is just |
00:16:32 | 00:16:35 | curate your items make sure that the |
00:16:33 | 00:16:36 | ones that aren't selling are getting |
00:16:35 | 00:16:38 | taken off and make sure you're |
00:16:36 | 00:16:39 | constantly putting on new ones you know |
00:16:38 | 00:16:43 | not a lot you don't have to do a lot 5 |
00:16:39 | 00:16:44 | 10 a day maybe 5 a day couple a day it |
00:16:43 | 00:16:46 | doesn't really matter as long as you're |
00:16:44 | 00:16:47 | listing items consistently that are you |
00:16:46 | 00:16:50 | know have proven sales history in the |
00:16:47 | 00:16:52 | past and I do plan on doing another |
00:16:50 | 00:16:54 | manual dropshipping Isaac analytiks |
00:16:52 | 00:16:55 | tutorial just for you guys so you don't |
00:16:54 | 00:16:58 | need a lot of items you seem to have a |
00:16:55 | 00:17:00 | curated list of items basically a manual |
00:16:58 | 00:17:01 | option last but not least manual |
00:17:00 | 00:17:04 | dropshipping is very profitable still in |
00:17:01 | 00:17:06 | 2019 you can make a ton of money doing |
00:17:04 | 00:17:08 | this with a lot less work than the |
00:17:06 | 00:17:10 | automated methods yes automated methods |
00:17:08 | 00:17:11 | were automated but in reality they led |
00:17:10 | 00:17:13 | to a lot more problems down the road |
00:17:11 | 00:17:15 | they've led to terrible customer service |
00:17:13 | 00:17:18 | and then led to pushing out way too many |
00:17:15 | 00:17:20 | items I remember so I did the math on I |
00:17:18 | 00:17:22 | think it was April 1st of this year in |
00:17:20 | 00:17:23 | April 1st of last year so he at my |
00:17:22 | 00:17:26 | paypal I forgot to put the picture in |
00:17:23 | 00:17:28 | here and basically I sold the same |
00:17:26 | 00:17:31 | amount on April 1st this year in April |
00:17:28 | 00:17:32 | 1st last year and the I did literally |
00:17:31 | 00:17:34 | the same amount I think was like |
00:17:32 | 00:17:37 | 20-something hundred in sales and on |
00:17:34 | 00:17:40 | April 1st last year I did 144 orders on |
00:17:37 | 00:17:43 | April 1st of this year I did 22 or I did |
00:17:40 | 00:17:44 | 24 I believe it was so it's way less |
00:17:43 | 00:17:47 | orders to make just as much money |
00:17:44 | 00:17:49 | probably more money more profit |
00:17:47 | 00:17:50 | it's way less headaches so if you guys |
00:17:49 | 00:17:52 | are interested in learning more about |
00:17:50 | 00:17:54 | manual eBay dropshipping like I said I |
00:17:52 | 00:17:56 | do have my course that is out it |
00:17:54 | 00:17:57 | launched last Monday there was four |
00:17:56 | 00:18:00 | spots left for the first twenty people |
00:17:57 | 00:18:02 | that purchased the course will get the |
00:18:00 | 00:18:04 | course for the price of 497 plus the |
00:18:02 | 00:18:05 | virtual assistant course which usually |
00:18:04 | 00:18:06 | runs at one hundred and fifty dollars |
00:18:05 | 00:18:09 | we're giving that and throwing that in |
00:18:06 | 00:18:11 | for free and if not on the 15th of April |
00:18:09 | 00:18:13 | that will drop officially and that will |
00:18:11 | 00:18:15 | be for 497 but there will be no free |
00:18:13 | 00:18:17 | virtual assistant course added in it's |
00:18:15 | 00:18:19 | over 16 hours of content altogether with |
00:18:17 | 00:18:21 | the VA course and the manual drop |
00:18:19 | 00:18:23 | shipping course and I believe it's |
00:18:21 | 00:18:24 | approaching 100 videos altogether so you |
00:18:23 | 00:18:26 | definitely get what you pay for |
00:18:24 | 00:18:28 | there's a ton of information in there |
00:18:26 | 00:18:30 | and any student that I've had so far |
00:18:28 | 00:18:32 | that it's taking action has made sales |
00:18:30 | 00:18:34 | and I got a ton of testimonials already |
00:18:32 | 00:18:36 | built up about how they listed their |
00:18:34 | 00:18:39 | first item and within 24 hours they sold |
00:18:36 | 00:18:40 | one at fifteen percent profit like I |
00:18:39 | 00:18:42 | said my student Joe Cox has already |
00:18:40 | 00:18:44 | almost hit thirty thousand in sales in |
00:18:42 | 00:18:45 | his first month he's absolutely killing |
00:18:44 | 00:18:47 | it we have other people out there |
00:18:45 | 00:18:48 | killing it already and it's just the |
00:18:47 | 00:18:51 | beginning of this and I'm so excited to |
00:18:48 | 00:18:52 | see where it goes the rest of 2019 |
00:18:51 | 00:18:54 | because this is gonna be huge and you do |
00:18:52 | 00:18:56 | not want to miss out on this opportunity |
00:18:54 | 00:18:58 | because as this becomes more mainstream |
00:18:56 | 00:18:59 | you know it's gonna get harder and |
00:18:58 | 00:19:02 | there's gonna be a lot more competition |
00:18:59 | 00:19:04 | out there a lot more other people gurus |
00:19:02 | 00:19:06 | teaching it so I mean get in while you |
00:19:04 | 00:19:08 | can so this is the end of the this is |
00:19:06 | 00:19:10 | the conclusion of my video please don't |
00:19:08 | 00:19:13 | be afraid to ask questions little Lego |
00:19:10 | 00:19:15 | man always likes questions if you found |
00:19:13 | 00:19:17 | this helpful be sure to subscribe and if |
00:19:15 | 00:19:19 | you are subscribed to make sure to check |
00:19:17 | 00:19:21 | the little bell button down here because |
00:19:19 | 00:19:23 | YouTube actually does not show videos to |
00:19:21 | 00:19:24 | people even if you're subscribed to them |
00:19:23 | 00:19:26 | they will not show you videos unless you |
00:19:24 | 00:19:27 | hit the bell button there's a good |
00:19:26 | 00:19:29 | chance you won't see it so if you want |
00:19:27 | 00:19:30 | to keep up to date with all of this |
00:19:29 | 00:19:32 | information then make sure to hit the |
00:19:30 | 00:19:35 | bell button also if you made it this far |
00:19:32 | 00:19:37 | we have dropped the second PDF of the |
00:19:35 | 00:19:39 | eBay manual eBay dropshipping PDF that |
00:19:37 | 00:19:40 | we have it's the second top five |
00:19:39 | 00:19:42 | questions and there's a lot more in |
00:19:40 | 00:19:44 | depth than the first top five question |
00:19:42 | 00:19:45 | in the PDF if you're interested in |
00:19:44 | 00:19:46 | getting it click below in the |
00:19:45 | 00:19:49 | description it's gonna be the first link |
00:19:46 | 00:19:51 | there I hope you guys enjoy it and I |
00:19:49 | 00:19:53 | hope you guys got a lot out of this this |
00:19:51 | 00:19:55 | video realized that it's not as hard as |
00:19:53 | 00:19:58 | it could be with literally 19 orders I |
00:19:55 | 00:19:59 | made over $200 that's not hard you can |
00:19:58 | 00:20:01 | process 19 orders a day |
00:19:59 | 00:20:03 | I personally don't |
00:20:01 | 00:20:04 | my virtual assistants do but it's not |
00:20:03 | 00:20:05 | that hard to process that many orders a |
00:20:04 | 00:20:07 | day as long as you're doing them |
00:20:05 | 00:20:09 | correctly going through the proper |
00:20:07 | 00:20:11 | cashback portals I believe I spoke |
00:20:09 | 00:20:12 | conclusion wrong maybe I didn't but |
00:20:11 | 00:20:15 | going through the proper cashback |
00:20:12 | 00:20:17 | portals and making sure that you are |
00:20:15 | 00:20:19 | doing everything correctly and you can't |
00:20:17 | 00:20:20 | get there very quickly you can't get |
00:20:19 | 00:20:21 | there quickly without knowing exactly |
00:20:20 | 00:20:24 | what to do and you can't know what |
00:20:21 | 00:20:25 | exactly to do without either time and |
00:20:24 | 00:20:27 | trial and error being put in or cutting |
00:20:25 | 00:20:29 | down your learning curve and purchasing |
00:20:27 | 00:20:31 | a course that's I'm a huge advocate of |
00:20:29 | 00:20:32 | the courses not just because I sell them |
00:20:31 | 00:20:35 | but because I've learned so much from |
00:20:32 | 00:20:37 | them in the past and I love everything |
00:20:35 | 00:20:39 | about them so I hope you guys like the |
00:20:37 | 00:20:41 | PDF below in the description let me know |
00:20:39 | 00:20:42 | I want to hear your feedback on it and |
00:20:41 | 00:20:44 | I'll see you in the next video thank you |
00:20:42 | 00:20:44 | guys |
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