#1 TikTok Ads Spy Tool

A Better Way to Make TikTok Ads Dropshipping & TikTok For Business

  • Find TikTok winning products & TikTok dropshipping ads.
  • Analyze TikTok advertisers
  • Get the Latest TikTok Shop Data.
Try It Free

Results from My First Full Month Dropshipping on Facebook Marketplace

Published on: December 1 2022 by Bryan Guerra

Results from My First Full Month Dropshipping on Facebook Marketplace

Results from My First Full Month Dropshipping on Facebook Marketplace

all right guys so in this video i'm
going to tok about my results you know
the profit the revenue
the expenses and everything like that
everything you know financially with my
first full month drop shipping on
facebook marketplace you know what did i
actually make
how did the business go all right now
keep in mind two key factors here that
played into these results here before we
get into them
are first and foremost you know well
three actually first and foremost i
didn't scale with the va which is
something i'm currently doing right now
for this month so obviously i plan to
you know scale this business
realistikally hopefully double it if not
a little bit more uh the second thing
is that the cashback credit cards and
the cashback portals i haven't like
allocated towards this i know some
people
keep that in their spreadsheet but like
i find that that's really
you know just a cherry on top with like
things like rakuten or honey or you know
capital one
uh with the actual extension right so i
don't focus on those with the cash back
credit cards like with amazon for
example or walmart or any cashback
credit cards
that you might be using i don't factor
that in here because what will happen
i found out is when i actually
accumulate those points and they turn
into money that you can actually spend
on those websites
that will deduct from my cost for the
next month right
so this month currently i haven't
checked it i think i have like a couple
hundred bucks at least
on amazon haven't checked it
specifically on walmart because
obviously i use the amazon credit card
which is five percent cash back
on all amazon purchases same thing with
the walmart card i also have another
cashback credit card that i use that
gives me two percent
i'm looking at some other ones but like
what i'm basically saying is
i don't factor all those charges in
because it would take a lot more time to
obviously add them all
up and calculate them with my
spreadsheet and i'm just going to spend
those points
this month right here when i actually
accumulate them on purchases so that
i'll actually just
end up spending less money the next
month so my profit will be a little bit
more right so
it's kind of the late effect but i don't
keep track of it it will show up in my
next month's spreadsheet
and my next month results if you like
these two give it a thumbs up i
genuinely appreciate it
and that will let me know to obviously
keep making these month to month so you
can see how the business progresses
i'll tok about things that i learned
different things that i implemented that
obviously helped me net more money
and all that good stuff i did say there
was three trying to figure out what the
third one was the first one was i didn't
scale with the va second one was the
cash back credit card
and the cash back points and i can't oh
the third one the major one right so i
actually uh got suspended just like a
lot of people did for
almost two weeks i think it was like 11
days so
that was a good chunk of you know all of
april right there so
if you calculate like 10 to 11 days
that's like at least
a third of the month right if not more
so i think these results are
realistikally only two-thirds of april
because i was suspended for a good
portion of those things
but thank god i was able to actually get
into my account um with that little hack
and the same video that i put up like
you know a week or two ago about that
hack where you can actually input the
tracking numbers
so i actually didn't really lose any
money i know a lot of other people lost
like thousands of dollars
i was not one of them all right so now
let's get into the numbers the actual
good stuff that you guys are here for
and you want to know right so i ended up
spending almost
nine thousand dollars uh to make the
profit that i ended up making
i end up earning and pulling in revenue
wise almost twelve thousand dollars
and the end profit that i actually took
home after everything right so that's
like after software
that's after um you know like oa genius
credits and everything like that
every single thing profit wise ended up
being 2737.90
just drop shipping on facebook
marketplace in uh april okay
now keep in mind like i said that
doesn't involve the 10
11 days that i was suspended that also
doesn't involve like the cashback
uh rewards that i have through cashback
portals like rakuten honey
or capital one it also doesn't include
like probably
i would say quote like a couple hundred
to maybe even up to a thousand dollars i
haven't calculated i have no idea
i know last time it was like a couple
hundred bucks and i had just started the
month before
uh so realistikally it could be a lot
more than that but like i haven't
calculated anything like that
that those results like i said will be
reflected in next months okay
so the average margin that i ended up
making was 31 percent on
every single thing the average profit
that i ended up making on every item was
12 dollars and 22 cents all right
because i had over
i think it was 224 sales my profit was
2737.90
so if you just divide you know the
profit by the sales that's what you get
obviously that's
not factoring like the software costs
and all that stuff but it's going to be
relatively similar anyway okay
so those are realistikally the numbers
um you know
what i basically learned was there
seemed to be a strong correlation
between listing for me i know some
people like list a little bit and then
they stop listing and they find winning
products
they don't really have to list anymore
but there seemed to be a strong
correlation between
listing meaning the more that i actually
listed those specific days the more i
tended to sell it didn't you know
specifically correlate
but what i found happened was when i
continued to list
right i would get new hot products that
ended up selling over time throughout
the course of the month
right and the more that you list
obviously the more chance you have to
find those winning products okay
so there's a number of ways that i
recommend that you obviously list you
can list like movers and shakers from
amazon you can list best sellers from
amazon
you can list like hot new items from
amazon you can do the same thing on
walmart the same thing on target you can
find obscure suppliers that other people
aren't going after
you can do product research um you know
and find other drop shippers and then
reverse engineer them with a software
like zeke analytiks to find their best
sellers
list those back on onto facebook
marketplace with a similar listing like
ebay actually find the supplier
so there's a number of ways to actually
go about doing that
and i plan on creating videos on them in
the future but i just kind of wanted to
break down the numbers
specifically here for you guys because i
know a lot of people have questions
that this is literally my first full
month starting and it's only been about
two-thirds of the month like i said
because i was suspended for a good
portion of it
hopefully these numbers double at least
this month
uh so far it's the sixth right now so
may 6th
and at this current time period i'm
looking at i think i was 900 bucks let
me pull it up
profit-wise
so it's one o'clock on the 6th of may
and currently for this month i am at
893.91 profit so hopefully by the end of
today i'll be over a grand and then
it's pretty much on that trajectory
trajectory of hitting like six grand so
we'll see
um but again once the back credit card
rewards come in and everything
it'll you know negate like 100 worth of
purchases
and i should get over that so that's
really everything that i'm doing right
now
now keep in mind that's just facebook
marketplace i'm also drop shipping a
little bit on poshmark i'm also drop
shipping
a little bit on mercari although i
shouldn't tok about it realistikally
for other reasons like i've toked about
in other videos i don't really want to
teach it
um and i'm also drop shipping on amazon
which has been extremely promising
uh you know recently although my numbers
aren't up to facebook marketplace
they're getting close and i don't even
put like you know once my
my listings are up there they just
constantly sell my repricing software
handles it all
everything like that the inventory uh
software like checks it
takes it out of stok reprices and stuff
like that so i'm really not doing much
with amazon as i find different listings
they just end up being kind of assets
that slowly sell off as i get the buy
box
it's a little bit more hands-off it's a
lot more work to find listings whereas
facebook marketplace is so
easy to find listings and then obviously
you have to continue to replenish those
listings but
key message here is in my opinion with
facebook marketplace specifically
list more okay the thing that i did last
week is i actually hired a va
so i have that person listing 50 items
every single i send them a list of
things to do i do a little bit of
product research it doesn't take a lot
of time
i list items that i think are hot you
know that that are similar variations to
things that have been selling well for
me
or a lot of the competitors that i see
out there i send them 50 listings they
list 50 every single day
and that has seemed to work very very
well for me
um so key message here is don't be
afraid to outsource you can find
somebody very very cheap they can do a
lot of these things i haven't in
outsourced inventory fulfillment yet so
like order fulfillment excuse me um but
that's definitely something that's
coming in the near future and then
hopefully it'll be a hands-off business
where i can just kind of manage it
make sure that things are running
smoothly and it'll be bringing in
multiple thousands of dollars every
single week
or ever well every single week be great
but every single month
and then i can focus more on the amazon
which i think looks very very promising
so
give this video a thumbs up if you
appreciate the value in it i know it's
kind of like a rambling you know video i
didn't really plan it out just kind of
wanted to touch on the numbers
certain things that i've learned let me
know if you like these videos too so i
can make one
next month and with that being said i'll
see in the next one