Make $5000 Profit With ONE Item Manual Ebay Dropshipping 2020

Published on: December 3 2022 by eCom Tom

Make $5000 Profit With ONE Item Manual Ebay Dropshipping 2020

Make $5000 Profit With ONE Item Manual Ebay Dropshipping 2020

Make $5000 Profit With ONE Item Manual Ebay Dropshipping 2020

startTime	durationTime	text
00:00:00	00:00:03	all right everybody calm Tommy with
00:00:02	00:00:05	another video coming at you guys in this
00:00:03	00:00:06	video this video is for all the haters
00:00:05	00:00:07	out there that are saying eBay
00:00:06	00:00:09	dropshipping is dead you can't make
00:00:07	00:00:11	money with eBay dropshipping I'm gonna
00:00:09	00:00:14	prove it to you guys multiple times over
00:00:11	00:00:16	in this video that it is far far far
00:00:14	00:00:17	from dead so inside of this video I'm
00:00:16	00:00:19	gonna break down an item that I found
00:00:17	00:00:21	where I you know I realized oh this
00:00:19	00:00:22	person's making a lot of profit margin I
00:00:21	00:00:24	actually did make an Instagram post
00:00:22	00:00:26	about this item and broke it down there
00:00:24	00:00:27	but this video is obviously gonna be a
00:00:26	00:00:30	lot more in-depth than a singular
00:00:27	00:00:32	Instagram post can be and this item has
00:00:30	00:00:34	made over $5,000 profit since it was
00:00:32	00:00:37	launched about a year and a half ago
00:00:34	00:00:39	when I came across it and I do the math
00:00:37	00:00:41	inside of the video and it looks like it
00:00:39	00:00:43	could have made over $7,000 profit based
00:00:41	00:00:45	off of the cash back on the back end so
00:00:43	00:00:48	this item is making over 10% frontend
00:00:45	00:00:49	and has sold over 650 times literally
00:00:48	00:00:51	from when I made the PowerPoint of this
00:00:49	00:00:53	video to when I actually started
00:00:51	00:00:54	shooting this video it sold three more
00:00:53	00:00:56	times which means that person made
00:00:54	00:00:58	actually 30 something dollars and
00:00:56	00:01:00	literally about half a day since I've
00:00:58	00:01:01	launched this video so there's gonna be
00:01:00	00:01:03	a good one it's gonna really I hope
00:01:01	00:01:04	boosts the spirits of the people that
00:01:03	00:01:06	just started manual eBay dropshipping
00:01:04	00:01:08	you know are just slowly rolling in
00:01:06	00:01:10	sales but just stik with it stay
00:01:08	00:01:12	consistent I can guarantee you you are
00:01:10	00:01:14	gonna have a product that stiks and
00:01:12	00:01:16	hopefully it stiks as well as this one
00:01:14	00:01:17	does so if you guys like what you see
00:01:16	00:01:19	please make sure to subscribe to the
00:01:17	00:01:20	channel hit the little Bell
00:01:19	00:01:22	notifications so you will get updates
00:01:20	00:01:24	every time I upload a video like this
00:01:22	00:01:25	and before and without further ado let's
00:01:24	00:01:26	get into it
00:01:25	00:01:27	alright so here we are inside of the
00:01:26	00:01:29	computer for the PowerPoint and where I
00:01:27	00:01:31	break down this product that is made
00:01:29	00:01:32	over 5,000 dollars actually a lot more
00:01:31	00:01:35	than five thousand dollars in profit on
00:01:32	00:01:36	ebay drop shipping from Walmart strictly
00:01:35	00:01:38	Walmart it's very great front and marg
00:01:36	00:01:40	I'm gonna break it all down for you guys
00:01:38	00:01:41	in this slide so before we get started
00:01:40	00:01:43	if you guys haven't yet to subscribe to
00:01:41	00:01:44	this channel you guys have been lurkers
00:01:43	00:01:46	on the channel for a while please help
00:01:44	00:01:48	me get to 7,000 subscribers
00:01:46	00:01:49	I'm not sure if I'm actually at 7000
00:01:48	00:01:52	subscribers yet so if I am by the time
00:01:49	00:01:53	this video launches let's get to 8,000
00:01:52	00:01:54	and let's get up to 10,000 as soon as
00:01:53	00:01:56	possible if you like what you see please
00:01:54	00:01:57	smash that like button because liking
00:01:56	00:01:59	this video is going to get it out to a
00:01:57	00:02:01	lot more people so that we can preach
00:01:59	00:02:03	manual dropshipping to everybody in 2019
00:02:01	00:02:05	so let's get into it in this breakdown
00:02:03	00:02:07	in this video I'm gonna basically show
00:02:05	00:02:09	you everything that you need to know
00:02:07	00:02:11	about why this product is selling so
00:02:09	00:02:12	much compared to others so I'm gonna
00:02:11	00:02:13	prove to you guys you're going to be
00:02:12	00:02:15	able to get many sales
00:02:13	00:02:16	with very few items I'm gonna break down
00:02:15	00:02:18	this person's actual store and we'll
00:02:16	00:02:19	show it to you guys that there they
00:02:18	00:02:21	don't have very many items in their
00:02:19	00:02:22	store so they have great profit margins
00:02:21	00:02:24	as well and it's really not hard to get
00:02:22	00:02:26	great profit margins with manual eBay
00:02:24	00:02:28	dropshipping you can start with lower
00:02:26	00:02:30	profit margins and as I do explain later
00:02:28	00:02:31	on in the video you're gonna be able to
00:02:30	00:02:33	raise get a lot of social proof on your
00:02:31	00:02:35	items and once your items get social
00:02:33	00:02:36	proof you can then raise your profit
00:02:35	00:02:38	margin to pretty much you know somewhere
00:02:36	00:02:39	where you really want to put it and
00:02:38	00:02:41	people will still buy from you because
00:02:39	00:02:42	it says like this person's item like I'm
00:02:41	00:02:45	gonna show you has sold six hundred plus
00:02:42	00:02:47	times the last you know since it showed
00:02:45	00:02:48	up so I mean it's pretty awesome to be
00:02:47	00:02:49	able to pick your own margins at that
00:02:48	00:02:51	point you're gonna be able to make a
00:02:49	00:02:53	full time income with less than five
00:02:51	00:02:54	hundred items and that's pretty much a
00:02:53	00:02:55	given with the strategies that these
00:02:54	00:02:57	people are running their stores with the
00:02:55	00:02:59	people strategies I'm using strategies
00:02:57	00:03:01	that I'm teaching my students you know
00:02:59	00:03:02	you really don't need very many items in
00:03:01	00:03:05	order to be successful in this business
00:03:02	00:03:07	so social proof provides you more sales
00:03:05	00:03:08	which I just mentioned and I'm really
00:03:07	00:03:10	you know getting into the social proof
00:03:08	00:03:12	aspect of eBay dropshipping when we were
00:03:10	00:03:14	doing a lot of men not manual you know
00:03:12	00:03:16	the Amazon onto eBay automated you there
00:03:14	00:03:18	was really no social proof it really
00:03:16	00:03:20	didn't matter there may be there were a
00:03:18	00:03:22	few items that you had that you were
00:03:20	00:03:23	ranking way higher than everybody else
00:03:22	00:03:24	but it really didn't matter at that
00:03:23	00:03:27	point in time but now that they are
00:03:24	00:03:28	flagging accounts and the people that do
00:03:27	00:03:30	have their accounts flagged or falling
00:03:28	00:03:31	to the bottom and the people that have
00:03:30	00:03:33	manual stores aren't and they're staying
00:03:31	00:03:34	at the top and they're social proof is
00:03:33	00:03:36	just staying there more and more and
00:03:34	00:03:37	more sales you know the social proof
00:03:36	00:03:39	aspect of this game is really really
00:03:37	00:03:41	really getting important so even if you
00:03:39	00:03:42	aren't the lowest you're still going to
00:03:41	00:03:44	be at the top and I'll prove that to you
00:03:42	00:03:45	later on in this video and as I said
00:03:44	00:03:48	being flagged will push you to the
00:03:45	00:03:50	bottom of any search rank so here is the
00:03:48	00:03:52	listing I actually broke down this
00:03:50	00:03:53	listing on an Instagram post so if you
00:03:52	00:03:54	guys have already seen this on Instagram
00:03:53	00:03:56	I'm sorry but I don't think very many
00:03:54	00:03:58	people on YouTube actually follow me on
00:03:56	00:04:01	Instagram so here is the printer it's a
00:03:58	00:04:03	Canon Pixma all-in-one printer scanner
00:04:01	00:04:05	copier fax wireless printing machine
00:04:03	00:04:08	Wi-Fi so I mean pretty good title
00:04:05	00:04:10	altogether but I will show you or it
00:04:08	00:04:12	does show right here there's 61 other
00:04:10	00:04:14	people that are using selling this item
00:04:12	00:04:16	and/or at with pretty much the same
00:04:14	00:04:18	title so the lowest one is actually at
00:04:16	00:04:20	40 dollars and 90 cents and they're
00:04:18	00:04:22	selling it for forty nine ninety they're
00:04:20	00:04:23	completely dominating this item and in
00:04:22	00:04:25	the time that I've actually made this
00:04:23	00:04:27	PowerPoint when Iced copied and pasted
00:04:25	00:04:29	this picture in they sold three
00:04:27	00:04:30	more printers since I started making
00:04:29	00:04:34	this video which is pretty wild and this
00:04:30	00:04:35	was Liberty today so here it is at
00:04:34	00:04:37	Walmart all I did was a reverse Google
00:04:35	00:04:40	search and you can easily find it it's
00:04:37	00:04:41	$35 free delivery and basically I'm
00:04:40	00:04:43	gonna be breaking down this profit sheet
00:04:41	00:04:45	and overtime you know how much money
00:04:43	00:04:47	they made overtime with it assuming that
00:04:45	00:04:49	you are sales tax exempt so I highly
00:04:47	00:04:52	suggest everybody get sales tax exempt
00:04:49	00:04:54	I do teach sales tax exemption inside of
00:04:52	00:04:56	my course so it really is something that
00:04:54	00:04:57	you should be acting towards and really
00:04:56	00:04:59	moving forward towards but even if this
00:04:57	00:05:02	person was not sales tax exempt which I
00:04:59	00:05:03	highly doubt but I'm sure they are but
00:05:02	00:05:05	you would still be making money it would
00:05:03	00:05:07	just be a you know a decent amount less
00:05:05	00:05:09	but I do preach preach preach that
00:05:07	00:05:11	everybody gets tax exempt so let's get
00:05:09	00:05:14	into the breakdown of this actual item
00:05:11	00:05:16	and here we are so the item is selling
00:05:14	00:05:18	for forty nine ninety and after PayPal
00:05:16	00:05:20	and eBay fees which I just you know said
00:05:18	00:05:23	it's twelve percent you know 10% or 9%
00:05:20	00:05:25	for eBay two point nine percent for
00:05:23	00:05:26	PayPal if you live in America it's
00:05:25	00:05:27	basically twelve percent let's just say
00:05:26	00:05:29	twelve percent for ease of this video
00:05:27	00:05:31	and then this is thirty cents for the
00:05:29	00:05:34	transaction fee that PayPal charges on
00:05:31	00:05:36	every single item so every single order
00:05:34	00:05:37	that you sell on eBay is gonna get hit
00:05:36	00:05:39	with that thirty cent transaction fee
00:05:37	00:05:41	plus twelve percent of the actual sale
00:05:39	00:05:44	price so all you have to do is break
00:05:41	00:05:45	down what it sold four times it by you
00:05:44	00:05:46	know what it was minus twelve percent
00:05:45	00:05:49	which would be eighty eight percent
00:05:46	00:05:50	minus the thirty cents and after fees
00:05:49	00:05:52	you're gonna get forty three dollars and
00:05:50	00:05:54	sixty one cents and I'm trying to break
00:05:52	00:05:56	this down as easily as possible but if
00:05:54	00:05:57	you guys don't understand please ask you
00:05:56	00:05:59	know the questions about fees down in
00:05:57	00:06:01	the comments below because I'm sure some
00:05:59	00:06:03	people don't understand the fees as well
00:06:01	00:06:05	as I do I'm a seasoned veteran so I
00:06:03	00:06:08	might go over this a little too fast so
00:06:05	00:06:10	next slot a next bullet point here they
00:06:08	00:06:11	buy it for thirty five dollars on
00:06:10	00:06:13	Walmart which I did show in the last
00:06:11	00:06:15	slide and there's no shipping at all it
00:06:13	00:06:17	says on the last slide and I'm assuming
00:06:15	00:06:18	no sales tax but if you are getting
00:06:17	00:06:21	charged sales tax you know you could
00:06:18	00:06:23	calculate that in on your own accord so
00:06:21	00:06:26	here we are so after fees it's forty
00:06:23	00:06:28	three sixty one - what they're buying it
00:06:26	00:06:29	for which is thirty five dollars they
00:06:28	00:06:32	are making a profit of eight dollars and
00:06:29	00:06:34	61 cents per sale on the front and front
00:06:32	00:06:36	end being the profit that you make up
00:06:34	00:06:38	front not including cash back from
00:06:36	00:06:41	credit cards or get or you know
00:06:38	00:06:43	sketchy discount gift cards I'm not
00:06:41	00:06:44	toking about those at all or any portal
00:06:43	00:06:46	like giving assistant or anything like
00:06:44	00:06:47	that although I will break that down in
00:06:46	00:06:50	the next slide so they're making 8
00:06:47	00:06:51	dollars and 61 cents per sale in my mind
00:06:50	00:06:54	if I look at that I go wow that's almost
00:06:51	00:06:55	20 percent but I do break it down
00:06:54	00:06:58	exactly for you guys here eight dollars
00:06:55	00:07:00	61 cents divided by the actual sale
00:06:58	00:07:02	price on eBay is 17 point two five
00:07:00	00:07:05	percent front end margin that's a great
00:07:02	00:07:06	margin to aim for I mean I wish I hit
00:07:05	00:07:09	that on every single item
00:07:06	00:07:11	I definitely don't but I have hit items
00:07:09	00:07:12	that high I have hit items over that
00:07:11	00:07:14	high you know it's just more about
00:07:12	00:07:16	getting it consistent and really getting
00:07:14	00:07:19	the social proof where if you go back
00:07:16	00:07:21	and look it literally says sold 654 how
00:07:19	00:07:23	is anybody going to buy another person's
00:07:21	00:07:25	item if you have that daunting of a
00:07:23	00:07:26	social proof like obviously people are
00:07:25	00:07:28	gonna buy from him and I'm gonna show
00:07:26	00:07:32	you that later on in this video as well
00:07:28	00:07:34	so overall profit over time is eight
00:07:32	00:07:37	dollars and 61 cents that's the profit
00:07:34	00:07:38	per sale times 654 sales and that comes
00:07:37	00:07:40	out to five thousand six hundred and
00:07:38	00:07:42	thirty one dollars with a little guy
00:07:40	00:07:44	over here running away with the money
00:07:42	00:07:46	bag because that's crazy that literally
00:07:44	00:07:48	one item can make you five thousand
00:07:46	00:07:50	almost six thousand dollars I'm gonna
00:07:48	00:07:52	break down the possible cashback that
00:07:50	00:07:53	they could have possibly gotten over
00:07:52	00:07:55	time I don't know their situation I
00:07:53	00:07:57	don't know who this person is I'm sure
00:07:55	00:07:58	they're a little upset that I'm making a
00:07:57	00:08:01	video about it but I'm gonna break down
00:07:58	00:08:04	the potential cash back on this as well
00:08:01	00:08:08	so potential cash back on the back end
00:08:04	00:08:10	you buy it from Walmart for $35 and I'm
00:08:08	00:08:13	multiplying that by 7% here why am i
00:08:10	00:08:16	doing 7% because me personally I have a
00:08:13	00:08:18	2% cash back credit card so it's 2% on
00:08:16	00:08:21	the sale price what you're buying it for
00:08:18	00:08:24	so it's 2% on $35 because we're buying
00:08:21	00:08:26	it for $35 also here's a screenshot that
00:08:24	00:08:28	I just took today from giving assistant
00:08:26	00:08:30	which is my favorite cash back website
00:08:28	00:08:31	at the moment I flip flop back and forth
00:08:30	00:08:34	more it's been giving assistant for
00:08:31	00:08:37	pretty long time now and it says 5% cash
00:08:34	00:08:39	back you know 1% in these categories 3%
00:08:37	00:08:41	in these categories and 5% right here in
00:08:39	00:08:44	electronics so this is definitely an
00:08:41	00:08:45	electronic so 5% plus the 2 percent
00:08:44	00:08:49	extra cash back from the credit card
00:08:45	00:08:51	that's 2.7 total percent and that's 2
00:08:49	00:08:54	dollars and 45 cents X
00:08:51	00:08:56	on each sale so from there if you want
00:08:54	00:08:58	to multiply a possible two dollars and
00:08:56	00:09:01	45 cents extra on every sale times the
00:08:58	00:09:04	amount of sales 654 sales over time then
00:09:01	00:09:05	that's an extra 1600 and $2.00 on top of
00:09:04	00:09:08	the front end margins so this is all
00:09:05	00:09:10	back end margin from here I did also
00:09:08	00:09:12	break down the potential profit margin
00:09:10	00:09:14	if this was you know to be happening on
00:09:12	00:09:15	every sale if they were to be getting
00:09:14	00:09:17	the cash back on every sale if they knew
00:09:15	00:09:18	the tricks to make sure that they
00:09:17	00:09:19	actually did get the cash back on every
00:09:18	00:09:21	sale and didn't just you know think they
00:09:19	00:09:23	were getting it then I added that the
00:09:21	00:09:26	front end margin of 861 plus the back
00:09:23	00:09:28	end margin of 245 divided again by the
00:09:26	00:09:30	eBay sale price and then we got twenty
00:09:28	00:09:32	two point two percent total margin which
00:09:30	00:09:34	is pretty insane for dropshipping from
00:09:32	00:09:36	Walmart or retail arbitrage as it's
00:09:34	00:09:38	called that's very very very great
00:09:36	00:09:41	margin and they're totally dominating
00:09:38	00:09:43	this item so all in total this item has
00:09:41	00:09:45	made a potential of seven thousand two
00:09:43	00:09:47	hundred and thirty three dollars profit
00:09:45	00:09:50	for this this one item for this one
00:09:47	00:09:52	seller which is crazy because they show
00:09:50	00:09:54	you guys in this video they don't just
00:09:52	00:09:55	have this one item on their store they
00:09:54	00:09:56	have more items on their store and
00:09:55	00:09:58	they're absolutely killing it with a
00:09:56	00:10:00	very very very little amount of items so
00:09:58	00:10:02	from here this is actually a screenshot
00:10:00	00:10:04	from zyk analytiks where I show that
00:10:02	00:10:06	they uploaded this item I actually don't
00:10:04	00:10:08	know where to find where they upload or
00:10:06	00:10:09	when they upload of the item on their
00:10:08	00:10:11	eBay listing I'm not sure if it's there
00:10:09	00:10:13	I'm not sure where it can't lease gets
00:10:11	00:10:15	this or pulls it from it might be inside
00:10:13	00:10:18	the eBay API somewhere but they've made
00:10:15	00:10:20	88 sales in the last 30 days zik is a
00:10:18	00:10:22	little bit behind like one day or two
00:10:20	00:10:24	you know it said that they've done 646
00:10:22	00:10:27	sales but right now we know that it's at
00:10:24	00:10:29	654 it's actually at 657 at the time
00:10:27	00:10:32	with me actually making the video but
00:10:29	00:10:34	they uploaded it January 11th 2018 so
00:10:32	00:10:35	that's in one and a hat that's just
00:10:34	00:10:37	about one and a half years ago and
00:10:35	00:10:39	they've made seven thousand two hundred
00:10:37	00:10:42	and thirty three potential dollars
00:10:39	00:10:43	profit since they started which is wild
00:10:42	00:10:45	and one and a half years from one item
00:10:43	00:10:47	they've made that much money which is
00:10:45	00:10:49	completely insane and also you can see
00:10:47	00:10:51	right here this C stands for competitors
00:10:49	00:10:53	there's 65 other competitors on this
00:10:51	00:10:55	item which is pretty awesome as well so
00:10:53	00:10:56	they're definitely dominating this one
00:10:55	00:10:58	item and I'm gonna show you guys when I
00:10:56	00:11:00	switch into the eBay view that there's a
00:10:58	00:11:02	ton of other people undercutting this
00:11:00	00:11:03	person but they are at the top of the
00:11:02	00:11:05	listing because of
00:11:03	00:11:06	how much social proof they have so here
00:11:05	00:11:09	we are looking at this person's specific
00:11:06	00:11:13	store on zyk analytiks and as you can
00:11:09	00:11:16	tell they have 392 items on their store
00:11:13	00:11:19	active listings and out of those 232 of
00:11:16	00:11:20	them have been successful so 232 of them
00:11:19	00:11:22	have sold at least once and in the last
00:11:20	00:11:24	30 days they've sold fourteen hundred
00:11:22	00:11:26	and twenty-seven sales out of that many
00:11:24	00:11:28	active listing that's absolutely crazy
00:11:26	00:11:30	their sales have been forty two thousand
00:11:28	00:11:32	three hundred in the last thirty days
00:11:30	00:11:33	which is also pretty wild I'm not gonna
00:11:32	00:11:34	scroll up and show their account name
00:11:33	00:11:36	because I'm sure you guys can find it
00:11:34	00:11:38	I'm gonna do them at least a little bit
00:11:36	00:11:39	of a you know a little courtesy here but
00:11:38	00:11:41	the thing that really amazes me is all
00:11:39	00:11:42	you know they're making great profit
00:11:41	00:11:44	percentage on this printer but say
00:11:42	00:11:46	they're making fifteen percent profit
00:11:44	00:11:48	altogether on all their items just
00:11:46	00:11:49	average you know you don't like like I
00:11:48	00:11:51	said it's not gonna be we're not
00:11:49	00:11:52	fighting for peanuts anymore you can get
00:11:51	00:11:54	these crazy front end margins and not
00:11:52	00:11:55	have to worry about you don't need tens
00:11:54	00:11:59	of thousands of items on your store
00:11:55	00:12:01	we're gonna multiply this by 0.15 and
00:11:59	00:12:03	they're making about six thousand three
00:12:01	00:12:05	hundred and fifty three dollars a month
00:12:03	00:12:06	in profit which if you multiply that by
00:12:05	00:12:08	twelve
00:12:06	00:12:10	that's sixty that's seventy six thousand
00:12:08	00:12:12	dollars a year and that's just you know
00:12:10	00:12:13	a safe estimate considering this item
00:12:12	00:12:16	right here is making twenty two percent
00:12:13	00:12:17	potentially twenty two percent profit so
00:12:16	00:12:19	they could be making over six figures
00:12:17	00:12:21	with this one little story here 392
00:12:19	00:12:23	active listings it's not that hard to
00:12:21	00:12:24	source that many and look at some of
00:12:23	00:12:26	these listings like this one was a year
00:12:24	00:12:27	and a half old like we already said but
00:12:26	00:12:29	you can scroll through some of them are
00:12:27	00:12:31	newer some of the newer this one's from
00:12:29	00:12:34	2017 that's over two years ago right
00:12:31	00:12:36	here and this one is about two and a
00:12:34	00:12:39	half three years old this one also two
00:12:36	00:12:41	and a half 2016 2017
00:12:39	00:12:43	you know these items were listed so long
00:12:41	00:12:45	ago and they're still making sales which
00:12:43	00:12:47	is absolutely pretty much the definition
00:12:45	00:12:48	of passive income if this person has
00:12:47	00:12:51	virtual assistants doing this for their
00:12:48	00:12:52	store then they are literally passively
00:12:51	00:12:54	making income on these items because all
00:12:52	00:12:56	they did was source them three years ago
00:12:54	00:12:58	and now they're still making sales so
00:12:56	00:12:59	now I want to show you guys you know
00:12:58	00:13:00	after we're breaking down this person
00:12:59	00:13:03	store I do want to show you guys there's
00:13:00	00:13:04	their ranking on this item inside of
00:13:03	00:13:06	eBay and then we're gonna get into the
00:13:04	00:13:07	conclusion on this video so stay tuned
00:13:06	00:13:09	alright so here we are inside of the
00:13:07	00:13:10	computer actually looking at the item
00:13:09	00:13:12	and as you can tell the one that we are
00:13:10	00:13:14	actually analyzing in this video is
00:13:12	00:13:16	right here it's not actually number one
00:13:14	00:13:18	on the listing and I will actually show
00:13:16	00:13:19	you why because first off this one that
00:13:18	00:13:21	shows up number one is actually
00:13:19	00:13:24	sponsored I do not believe the person
00:13:21	00:13:25	running the sales on this item is doing
00:13:24	00:13:27	sponsored listings the main reason
00:13:25	00:13:28	probably is because they've sold six
00:13:27	00:13:30	hundred fifty-seven of them it was six
00:13:28	00:13:32	hundred fifty four when I started making
00:13:30	00:13:33	this slide the PowerPoint slide for this
00:13:32	00:13:35	video so they're making sales like
00:13:33	00:13:37	wildfire so if you click on this one
00:13:35	00:13:39	you know you're gonna realize that first
00:13:37	00:13:41	off if you go back right here they've
00:13:39	00:13:43	made six sales in the last 24 hours and
00:13:41	00:13:45	even though this person is four dollars
00:13:43	00:13:46	less than them and has undercut them by
00:13:45	00:13:48	four dollars and sponsored their listing
00:13:46	00:13:50	has fast and free has just about
00:13:48	00:13:52	everything this says two percent off
00:13:50	00:13:54	says twenty watching free shipping free
00:13:52	00:13:56	returns pretty much an identikal listing
00:13:54	00:13:57	- the picture a little bit pictures a
00:13:56	00:13:59	little bit different they don't have the
00:13:57	00:14:00	Wi-Fi symbol there I believe this person
00:13:59	00:14:02	edited it made the picture a little bit
00:14:00	00:14:04	bigger and out of the Wi-Fi symbol which
00:14:02	00:14:06	is something you can do you know even
00:14:04	00:14:07	though they've done that they've made 20
00:14:06	00:14:10	sales which isn't bad don't get me wrong
00:14:07	00:14:12	but they aren't even haven't even made
00:14:10	00:14:14	sales in the last two days so today's
00:14:12	00:14:15	June 2nd as I'm making this video and
00:14:14	00:14:18	it's May 31st they haven't even made a
00:14:15	00:14:21	sales sense so as you can tell even
00:14:18	00:14:22	though it is 4 dollars Moree the social
00:14:21	00:14:24	proof is really what is key on this
00:14:22	00:14:25	listing that's why I always say when I'm
00:14:24	00:14:27	starting that when I started my new
00:14:25	00:14:29	account that's been going for a while
00:14:27	00:14:30	now or three weeks now why I'm saying
00:14:29	00:14:32	I'm trying to get sales velocity on my
00:14:30	00:14:34	items to build social proof in order to
00:14:32	00:14:36	make more sales later on because the
00:14:34	00:14:38	social proof gives you the ability to
00:14:36	00:14:40	have extremely high margins compared to
00:14:38	00:14:41	your competitors and people are going to
00:14:40	00:14:43	go to you because they trust you you're
00:14:41	00:14:45	trusted there's six hundred and fifty
00:14:43	00:14:46	seven people have bought from you as
00:14:45	00:14:48	opposed to right here doesn't say any it
00:14:46	00:14:50	says twenty are watching but it doesn't
00:14:48	00:14:52	say any until you click on it and this
00:14:50	00:14:54	one a little bit less than you know the
00:14:52	00:14:56	actual the breadwinner here and you know
00:14:54	00:14:59	they haven't really sold very money at
00:14:56	00:15:00	all maybe maybe a few this one sold
00:14:59	00:15:01	thirty-two which is actually pretty good
00:15:00	00:15:04	it's sponsored and they're actually
00:15:01	00:15:06	higher than the main one and this one
00:15:04	00:15:09	right here forty three dollars that's
00:15:06	00:15:12	about six dollars less than the actual
00:15:09	00:15:14	the breadwinner in this category and
00:15:12	00:15:16	they have not sold any I do not believe
00:15:14	00:15:18	so let's open this up they've sold one
00:15:16	00:15:20	so I mean they are making profit even at
00:15:18	00:15:23	I believe it's $40 like the break-even
00:15:20	00:15:25	for that they've sold one at forty nine
00:15:23	00:15:26	seventy five so what I'm saying here is
00:15:25	00:15:28	you really want to be able to gain
00:15:26	00:15:29	traction on your
00:15:28	00:15:31	things as soon as possible and the more
00:15:29	00:15:33	traction you can gain the more social
00:15:31	00:15:35	proof the better it is actually going to
00:15:33	00:15:36	be for your listing so I'm gonna cut
00:15:35	00:15:38	back into my PowerPoint into the
00:15:36	00:15:39	conclusion slide and we're gonna wrap
00:15:38	00:15:40	this video up now
00:15:39	00:15:43	so in conclusion after looking at this
00:15:40	00:15:45	person's one item this one printer that
00:15:43	00:15:46	sold a potential of over seven thousand
00:15:45	00:15:47	dollars in profit in one and a half
00:15:46	00:15:49	years and all the other potential
00:15:47	00:15:51	probably this persons making possibly
00:15:49	00:15:53	close to six figures with a small store
00:15:51	00:15:55	under four hundred items let's break
00:15:53	00:15:57	down the conclusion this video so you
00:15:55	00:15:59	can make a ton of money like I said with
00:15:57	00:16:01	very few listings right now the brand
00:15:59	00:16:03	new store that I started where I'm only
00:16:01	00:16:05	using one supplier I'm not using Amazon
00:16:03	00:16:06	Walmart or Home Depot I'm at about
00:16:05	00:16:08	thirteen thousand in sales right now and
00:16:06	00:16:10	I only have one hundred and twenty six
00:16:08	00:16:12	items that you know really weren't very
00:16:10	00:16:14	well vetted out some of them are selling
00:16:12	00:16:15	some of them aren't selling and over
00:16:14	00:16:17	time I'll be able to curate the ones
00:16:15	00:16:18	that are selling keep making them sell
00:16:17	00:16:20	get more social proof like I was toking
00:16:18	00:16:22	about and the ones that aren't selling
00:16:20	00:16:24	take them off prune them get rid of them
00:16:22	00:16:25	put them on a different store you know
00:16:24	00:16:28	the opportunities are pretty much
00:16:25	00:16:29	endless at that point so like I said you
00:16:28	00:16:32	have to be going manual eBay
00:16:29	00:16:33	dropshipping 2019 eBay is admitted it in
00:16:32	00:16:35	their spring seller update that they're
00:16:33	00:16:37	flagging accounts there's no reason to
00:16:35	00:16:39	fight it anymore there's no reason to
00:16:37	00:16:41	believe that dropping your profit
00:16:39	00:16:42	percentage or your profit margin to 0%
00:16:41	00:16:44	on the front end using these sketchy
00:16:42	00:16:46	cashback or discounted gift cards is
00:16:44	00:16:48	even gonna work because there's people
00:16:46	00:16:50	that were pricing their items lower than
00:16:48	00:16:51	this person in the sales rank and they
00:16:50	00:16:53	weren't showing up anywhere close there
00:16:51	00:16:55	was sixty five other people on that
00:16:53	00:16:57	listing and they were still at the top
00:16:55	00:16:59	with one of the higher prices so social
00:16:57	00:17:01	proof and not being flagged goes an
00:16:59	00:17:03	extremely extremely long way so like I
00:17:01	00:17:04	said focus on getting as much social
00:17:03	00:17:06	proof as possible on your listings you
00:17:04	00:17:08	really want to make sure your listings
00:17:06	00:17:10	are as optimized as possible which is
00:17:08	00:17:10	the next bullet point as well you want
00:17:10	00:17:12	to make sure your listings are as
00:17:10	00:17:13	optimized as possible you can go inside
00:17:12	00:17:15	of that listing I'm sure you'll be able
00:17:13	00:17:16	to find it and break down the inside of
00:17:15	00:17:18	it I didn't want to make this video too
00:17:16	00:17:18	long that could be at the topic of
00:17:18	00:17:20	another video
00:17:18	00:17:22	but they do have a pretty well brought
00:17:20	00:17:24	like pretty well built listing they have
00:17:22	00:17:26	a ton of ident specifics they have an
00:17:24	00:17:27	altered picture I don't know if they
00:17:26	00:17:29	were the first one to make that title
00:17:27	00:17:31	but it seems like they weren't everybody
00:17:29	00:17:33	hopped on afterwards and then they gut
00:17:31	00:17:34	sales they drove a bunch of sales they
00:17:33	00:17:36	have very good shipping and handling
00:17:34	00:17:38	time as well they drove a bunch of sales
00:17:36	00:17:39	they stayed at the top they're not even
00:17:38	00:17:40	promoting their listing from what I saw
00:17:39	00:17:43	and their absolute
00:17:40	00:17:46	killing it so and in conclusion last but
00:17:43	00:17:47	not least just get started take action
00:17:46	00:17:49	and figure it out as you go I mean don't
00:17:47	00:17:51	jump in blindly watch some videos but a
00:17:49	00:17:52	lot of people don't want to list items
00:17:51	00:17:54	because they don't know if it's gonna be
00:17:52	00:17:55	the right item or not who cares if you
00:17:54	00:17:58	list a hundred items and you have to
00:17:55	00:17:59	take down 70 of them maybe in a month or
00:17:58	00:18:01	two later on down the road that means
00:17:59	00:18:03	you have 30 good items that could
00:18:01	00:18:05	possibly net you five thousand six
00:18:03	00:18:06	thousand maybe even ten thousand sure
00:18:05	00:18:08	maybe mate hell maybe I'll make a video
00:18:06	00:18:09	showing somebody getting ten thousand
00:18:08	00:18:11	dollars profit from an item somewhere
00:18:09	00:18:12	down the road but don't worry about the
00:18:11	00:18:15	fact that you some of them might not
00:18:12	00:18:17	sell only about one third of the items I
00:18:15	00:18:18	list sell and who knows why some of it
00:18:17	00:18:20	could be luck so it could be because
00:18:18	00:18:21	that listing is a little more saturated
00:18:20	00:18:23	some of it could be because you didn't
00:18:21	00:18:24	optimize your listing well enough but
00:18:23	00:18:26	the ones that do stik are gonna stik
00:18:24	00:18:28	extremely well and I can guarantee you
00:18:26	00:18:30	that so just jump in take action and
00:18:28	00:18:31	figure it out along the way and last but
00:18:30	00:18:33	not least please post your questions
00:18:31	00:18:35	below I'll be sure to answer every
00:18:33	00:18:37	single question out there and please
00:18:35	00:18:38	don't be afraid to ask your questions
00:18:37	00:18:40	there's no such thing as a beginner
00:18:38	00:18:41	question or a newbie question it really
00:18:40	00:18:43	just depends on where you're at in your
00:18:41	00:18:44	journey everybody started from some from
00:18:43	00:18:46	somewhere I had no idea what I was
00:18:44	00:18:48	telling my when I first started and as
00:18:46	00:18:50	little lego man says you know don't be
00:18:48	00:18:51	afraid to ask no question is a stupid
00:18:50	00:18:54	question so if you found this video
00:18:51	00:18:56	helpful please be sure to subscribe to
00:18:54	00:18:58	this video and if you do subscribe or
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00:19:00	00:19:03	the only way that you will be able to
00:19:01	00:19:05	see my youtube videos or get a
00:19:03	00:19:07	notification right when I post a brand
00:19:05	00:19:09	new YouTube video two to three times a
00:19:07	00:19:10	week so please leave any suggestions for
00:19:09	00:19:12	future videos down in the comments below
00:19:10	00:19:14	I'd love to hear what you guys want to
00:19:12	00:19:15	see from me you know I'm an open book on
00:19:14	00:19:18	what I make videos on and I really and
00:19:15	00:19:19	it's up to you guys I want to make what
00:19:18	00:19:21	you guys want to see so please help me
00:19:19	00:19:22	out with that I hope you guys enjoyed
00:19:21	00:19:25	this video and I will see you guys in
00:19:22	00:19:25	the next one