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
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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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