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How Much Money Can You Make Dropshipping in 2022

Published on: December 1 2022 by Bryan Guerra

How Much Money Can You Make Dropshipping in 2022

The above is a brief introduction to How Much Money Can You Make Dropshipping in 2022.

Let's move on to the first section of How Much Money Can You Make Dropshipping in 2022!

How Much Money Can You Make Dropshipping in 2022

startTime durationTime text
00:00:00 00:00:06 all right so little profit report update
00:00:03 00:00:08 for the month of august here uh it's
00:00:06 00:00:09 currently september 1st so i kind of
00:00:08 00:00:11 wanted to touch on the numbers that i
00:00:09 00:00:14 did in my drop shipping business both on
00:00:11 00:00:15 amazon and on facebook marketplace and
00:00:14 00:00:17 we're going to combine the facebook
00:00:15 00:00:20 marketplace and facebook shops uh for
00:00:17 00:00:22 last month because i did have two uh
00:00:20 00:00:24 facebook marketplace accounts that were
00:00:22 00:00:26 personal and i did start moving into
00:00:24 00:00:28 facebook shops for
00:00:26 00:00:30 two main reasons honestly first is like
00:00:28 00:00:32 the ambiguity so like nobody can really
00:00:30 00:00:34 find you and kind of snipe your items as
00:00:32 00:00:36 easily and secondly and more importantly
00:00:34 00:00:39 to me is the the fact that you can put
00:00:36 00:00:41 your ein into facebook shops so that you
00:00:39 00:00:43 can pay less in taxes obviously because
00:00:41 00:00:45 you can write those off on your business
00:00:43 00:00:47 and not pay that personal income okay so
00:00:45 00:00:49 if anybody first and foremost knows how
00:00:47 00:00:51 to put your ein actually in the facebook
00:00:49 00:00:52 marketplace drop a comment down below
00:00:51 00:00:54 and let me know because i would love to
00:00:52 00:00:57 know and you'd be saving me a lot of
00:00:54 00:00:59 money in taxes okay so uh we're gonna
00:00:57 00:01:01 touch on the numbers here and a little
00:00:59 00:01:03 disclaimer i was away for about two
00:01:01 00:01:05 weeks of the month so i really only
00:01:03 00:01:07 worked on this for about two weeks so
00:01:05 00:01:09 the numbers are down significantly but i
00:01:07 00:01:12 will touch on them just like i always do
00:01:09 00:01:14 here to kind of document for you okay so
00:01:12 00:01:16 first and foremost is amazon again
00:01:14 00:01:17 amazon numbers were down significantly i
00:01:16 00:01:19 was away for
00:01:17 00:01:22 almost two weeks but i was on amazon
00:01:19 00:01:24 vacation mode for
00:01:22 00:01:25 i don't know two and a half weeks
00:01:24 00:01:27 because i was away for a little bit so
00:01:25 00:01:28 like just like anything you kind of
00:01:27 00:01:30 wanna if you don't wanna be working
00:01:28 00:01:32 while you're away or worrying about like
00:01:30 00:01:33 inputting the tracking that comes like a
00:01:32 00:01:35 day or two days or three days or
00:01:33 00:01:37 sometimes up to like 10 days later
00:01:35 00:01:39 especially on amazon
00:01:37 00:01:41 you want to shut it off early right so i
00:01:39 00:01:42 shut my my store off early
00:01:41 00:01:44 put it on vacation mode i took the
00:01:42 00:01:46 listings down on amazon and i stopped
00:01:44 00:01:48 taking orders so that i could just focus
00:01:46 00:01:49 slowly on inputting tracking so that
00:01:48 00:01:51 when i was away i didn't have to worry
00:01:49 00:01:55 about that and i could just enjoy my
00:01:51 00:01:57 vacation okay so i did a total of uh 240
00:01:55 00:01:59 sales on amazon in the month of august
00:01:57 00:02:01 again that's really only about two weeks
00:01:59 00:02:04 worth of sales so if you kind of double
00:02:01 00:02:07 that you know that's really what you can
00:02:04 00:02:09 expect that i would have probably done
00:02:07 00:02:10 had i kept it open uh the whole time
00:02:09 00:02:12 maybe a little bit more than that so
00:02:10 00:02:15 let's do the numbers there i did 240
00:02:12 00:02:18 sales uh in the month of uh or yeah the
00:02:15 00:02:20 month of august excuse me i uh pulled in
00:02:18 00:02:22 ten thousand five hundred dollars at ten
00:02:20 00:02:24 thousand five hundred and two dollars
00:02:22 00:02:26 and forty five cents i spent eight
00:02:24 00:02:28 thousand five hundred and twenty six
00:02:26 00:02:30 dollars to get that which comes out to a
00:02:28 00:02:32 total profit of one thousand seven
00:02:30 00:02:35 hundred thirty one dollars and seven
00:02:32 00:02:36 cents okay the average margin on amazon
00:02:35 00:02:38 was 20
00:02:36 00:02:41 some of the items were all the way up to
00:02:38 00:02:43 like 50 60 percent some of them were all
00:02:41 00:02:44 the way down to like literally like two
00:02:43 00:02:45 percent right but just like i always
00:02:44 00:02:47 touch on it doesn't matter if it's
00:02:45 00:02:51 facebook marketplace facebook shops you
00:02:47 00:02:54 know mercari amazon ebay you name it
00:02:51 00:02:55 you do need those other we don't need
00:02:54 00:02:57 them if
00:02:55 00:02:58 you kind of want those other ones even
00:02:57 00:03:00 if they're low margin even if it's
00:02:58 00:03:02 taking up your time right you kind of
00:03:00 00:03:04 want the volume because that protects
00:03:02 00:03:06 you so you can kind of bury the mistakes
00:03:04 00:03:08 in your metrics okay so that's why i
00:03:06 00:03:09 keep some of those some of them i delete
00:03:08 00:03:11 them if i get annoyed and i'm doing like
00:03:09 00:03:13 30 different orders a day for like
00:03:11 00:03:15 literally a dollar margin like that some
00:03:13 00:03:17 of those i delete and i get annoyed with
00:03:15 00:03:19 but for the majority of it i keep the
00:03:17 00:03:21 low ones and the low profit margin ones
00:03:19 00:03:23 because they increase my sales so i can
00:03:21 00:03:25 bury mistakes in my metrics right and
00:03:23 00:03:29 same goes with facebook marketplace okay
00:03:25 00:03:31 so i did uh let's see it was 240 sales
00:03:29 00:03:33 so if you take the profit which is
00:03:31 00:03:35 seventeen hundred thirty one dollars and
00:03:33 00:03:38 mistyped there 17
00:03:35 00:03:41 31.07 and you divide that by 240 it's
00:03:38 00:03:43 about seven dollars and 21 uh seven i
00:03:41 00:03:44 cannot tok
00:03:43 00:03:46 apparently today just got back from my
00:03:44 00:03:49 vacation fairly recently so that's
00:03:46 00:03:52 probably why seven dollars and 21 cents
00:03:49 00:03:55 average profit uh per sale okay
00:03:52 00:03:57 so that's amazon again in the month of
00:03:55 00:03:58 uh august but really that was only like
00:03:57 00:04:00 two weeks okay
00:03:58 00:04:01 same thing for facebook marketplace
00:04:00 00:04:05 those numbers were down significantly as
00:04:01 00:04:07 well so again i put the same overall
00:04:05 00:04:09 approach shut it down on the same day
00:04:07 00:04:12 that i did amazon i think a day or two
00:04:09 00:04:14 later actually um if i'm not mistaken
00:04:12 00:04:16 maybe it was the same day no i think it
00:04:14 00:04:18 was the day after uh so
00:04:16 00:04:19 shut that down so that i didn't put the
00:04:18 00:04:21 tracking again same thing so this is
00:04:19 00:04:23 really only like two weeks worth of
00:04:21 00:04:24 sales and this is uh going into the
00:04:23 00:04:27 month of september i'm gonna actually
00:04:24 00:04:29 break apart my marketplace and my shops
00:04:27 00:04:32 to see like where the actual margins and
00:04:29 00:04:34 profit is coming from uh but
00:04:32 00:04:35 for this month specifically because i
00:04:34 00:04:37 was kind of breaking away and just kind
00:04:35 00:04:39 of starting my shop i kept them the same
00:04:37 00:04:41 uh and you know
00:04:39 00:04:43 easier to manage that way i thought okay
00:04:41 00:04:44 so for
00:04:43 00:04:46 both facebook marketplace and my
00:04:44 00:04:48 facebook shop that i just started in the
00:04:46 00:04:53 month of august again for really only
00:04:48 00:04:54 two weeks i pulled in uh 10 390 and 38
00:04:53 00:04:57 cents so really
00:04:54 00:04:59 about the same uh revenue as amazon in
00:04:57 00:05:00 that time frame
00:04:59 00:05:03 although i netted a lot more because my
00:05:00 00:05:05 margin was a lot higher okay so i spent
00:05:03 00:05:06 only six thousand nine hundred fifty
00:05:05 00:05:08 dollars and two cents to get that which
00:05:06 00:05:11 was 3
00:05:08 00:05:11 354.99
00:05:11 00:05:16 profit which was a 48 profit margin and
00:05:14 00:05:18 the the main reason that i was able to
00:05:16 00:05:20 do that was because a i'm using more
00:05:18 00:05:22 wholesale suppliers now and b all the
00:05:20 00:05:24 retail suppliers
00:05:22 00:05:27 maybe not all maybe most will go with
00:05:24 00:05:30 most most of the retail suppliers that i
00:05:27 00:05:31 am uh using i am tax exempt on right so
00:05:30 00:05:34 obviously i am tax exempt on the
00:05:31 00:05:35 wholesale suppliers i am tax exempt on
00:05:34 00:05:38 the majority of the retail suppliers in
00:05:35 00:05:40 the majority of states so that's where
00:05:38 00:05:43 the margin kind of skyrocketed i think
00:05:40 00:05:44 last month it was like 30 or like 29 now
00:05:43 00:05:46 it's almost 50
00:05:44 00:05:49 which is a massive difference so if i
00:05:46 00:05:50 did you know if i doubled the revenue
00:05:49 00:05:53 there right
00:05:50 00:05:56 and i made about like 20 000 and i'm
00:05:53 00:05:59 almost doing like uh 50 margins you can
00:05:56 00:06:01 assume close to 10k profits which is
00:05:59 00:06:03 what i hope my marketplace in my shops
00:06:01 00:06:04 does this month because i don't think
00:06:03 00:06:06 i'm going away anywhere don't have
00:06:04 00:06:08 anything up on the calendar and i'm
00:06:06 00:06:10 pretty sure i'm not going away anywhere
00:06:08 00:06:12 so hopefully i can just you know bunker
00:06:10 00:06:13 down and really kind of earn here in
00:06:12 00:06:15 september to see how much we can
00:06:13 00:06:19 actually scale this so i can report that
00:06:15 00:06:22 back to you guys okay so i did a 298
00:06:19 00:06:24 sales on marketplace and shops again the
00:06:22 00:06:26 majority of those are marketplace i just
00:06:24 00:06:28 started my shop so we take the profit
00:06:26 00:06:29 which is three thousand fifty four
00:06:28 00:06:31 dollars and ninety six cents and we
00:06:29 00:06:34 divide that by
00:06:31 00:06:38 298 it was an average of eleven dollars
00:06:34 00:06:40 and twenty six cents about per sale okay
00:06:38 00:06:43 so those are all the real numbers um
00:06:40 00:06:44 that is not the actual profit that my
00:06:43 00:06:46 drop shipping business took home because
00:06:44 00:06:48 i did pay my va's 1200 bucks
00:06:46 00:06:50 specifically in the month of august to
00:06:48 00:06:53 manage stuff um but again that was only
00:06:50 00:06:54 about like that was a little over two
00:06:53 00:06:56 weeks because they were still while i
00:06:54 00:06:58 wasn't taking sales they were still
00:06:56 00:06:59 inputting tracking numbers uh for some
00:06:58 00:07:02 of the stuff so i paid them properly for
00:06:59 00:07:04 like three weeks so uh 1200 bucks so if
00:07:02 00:07:07 you take the overall which is about
00:07:04 00:07:10 5300 between both of those for two weeks
00:07:07 00:07:13 in the month of august and you take 1.2
00:07:10 00:07:16 out of that i really only netted 4
00:07:13 00:07:18 and 100 about roughly between those okay
00:07:16 00:07:19 now i also again in the month coming up
00:07:18 00:07:21 i'm going to break apart shops and
00:07:19 00:07:23 marketplace and i'm also going to try to
00:07:21 00:07:26 scale poshmark and makari a little bit
00:07:23 00:07:28 maybe not poshmark but maybe mercari so
00:07:26 00:07:29 i kind of want to add that in there kind
00:07:28 00:07:31 of start to try to scale that and see if
00:07:29 00:07:33 i can actually push that to more than
00:07:31 00:07:35 just a couple hundred bucks a month on
00:07:33 00:07:37 those i didn't add them into the numbers
00:07:35 00:07:39 here but poshmark i think i only netted
00:07:37 00:07:42 like 100 or 150 bucks i really didn't
00:07:39 00:07:44 focus on it at all and rakari same thing
00:07:42 00:07:45 it might have been like three or four
00:07:44 00:07:47 hundred bucks it wasn't anything crazy
00:07:45 00:07:49 but again those numbers aren't added in
00:07:47 00:07:51 here so i'm gonna focus on all that
00:07:49 00:07:52 coming in the month of september not
00:07:51 00:07:54 going away i'm really excited to see how
00:07:52 00:07:56 much i can scale this the numbers up
00:07:54 00:07:59 there the goal is ten thousand i think i
00:07:56 00:08:00 can hit that but we're gonna find out so
00:07:59 00:08:01 if you guys have any questions
00:08:00 00:08:03 whatsoever let me know down in the
00:08:01 00:08:04 comment section down below and with that
00:08:03 00:08:07 being said
00:08:04 00:08:07 i'll see in the next one

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