eBay attracts millions of customers who purchase all kinds of products. Likewise, it also attracts many new sellers. Thus, the platform forms a good base for carrying out the eBay dropshipping business.
The good thing about this business is that you need not have so many finances to run it; you need not pay any upfront capital to start.
For this reason, eBay dropshipping will be an excellent way to earn through an online retail business model. Read on to know more about it.
Dropshipping is technically fulfilling your customers’ orders through the direct supplier or wholesaler of the product.
In this case, you do not stock the product in your shop, and you will not have any hold of it at any time.
But, the buyer can make an order through your eBay shop. After that, you can pass the order to the direct manufacturer or wholesaler, who will make the product ready and ship it to the customer.
In dropshipping business, you will be the seller of the product. But you will not handle the product or stock it as your inventory.
So, once you make a sale, the product supplier will ship it from their warehouse to the buyer’s doorstep.
For instance, on eBay, you may realize that there are so many sellers of products. However, most of them never handle the products themselves. Instead, they source the products from the suppliers and list them in their eBay stores.
So, sellers do not have to be anxious about the packaging or other things about the product until it reaches the buyer.
If you are starting as an online seller, eBay may be an excellent platform to try out.
It attracts so many potential buyers, therefore a guarantee that you will make some good cash online.
Also, the dropshipping business does not require you to have any capital to excel.
eBay has so many products for different sellers. However, the sellers of these products do not keep stock of the products, and they also do not handle them even though they are the ones who sell them.
So, it is simple as it sounds; you introduce yourself as a seller of certain commodities, then once you receive the orders from buyers, you pass them to the supplier, and they will handle everything else.
eBay allows people to carry out dropshipping. However, some tight rules and regulations govern the process you must adhere to if you carry on the business on this platform.
If you are going to carry out dropshipping on eBay, you should be ready to ensure that the product reaches the buyer safely.
However, eBay’s policies should not push you away from carrying out the dropshipping business.
They stipulate that they have the power to take action against you if you abuse their ecosystem or if you cause a terrible buyer experience.
Before you dropship on eBay, it is essential to know what their policies stipulate. Knowing this will ensure you have a smooth experience with them.
Dropshipping is allowed, but retail arbitrage is not allowed.
One of their policies stipulates that once you list an item, you cannot purchase it from another online marketplace to make it available to the buyer.
It means that you cannot drop ship from places such as Amazon or AliExpress. If you do this, they may lower or remove your listings.
Also, when working on eBay, you need to ensure that you have a contract with your suppliers and can guarantee delivery of the product within 30 days.
So when finding suppliers, ensure that you mention this to them, or best if you read reviews on them to see how fast they can deliver. Failure to follow this regulation may risk you getting a fine from eBay.
You need not have so much for you to start the eBay dropshipping business.
As simple as having a good internet connection, an eBay account, and basic knowledge of dropshipping, you can kick-start the business.
Also, do not forget to go through eBay’s operation policies to get the gist of how things work.
Here is how you can start eBay dropshipping in a few simple steps.
Step 1: Create an eBay Seller Account
An eBay seller account is one of the most important things you require to start dropshipping.
When setting up the seller’s account, ensure that you create one depending on the location of your target audience.
Some may find it necessary to create an eBay store, but it should not worry you! You should, however, be ready to pay listing fees.
Step 2: Select the Right Products and Suppliers
Ensure that you decide on what you want to sell on your eBay site. Then, go ahead and find reliable suppliers.
The suppliers you choose will determine the kind of customer service your customers will enjoy, whether they will receive goods on time, and the quality of the products they will receive.
So, reach out to different suppliers and ask them if they will deliver goods to your customers.
Ensure that the supplier is ready to attach a custom return label that includes your business name so that the customer knows you sent the product.
Step 3: List Products on eBay
List products you are selling on eBay, ensuring that the photos you upload are professional and best if they come from the supplier’s website.
Ensure you include detailed descriptions of the products and indicate the correct price tag on the products.
Moreover, you also optimize the listings using keyword research and other methods to generate traffic.
Step 4: Give the Supplier Your Customer’s Details
Once you make a sale, ensure that you give the customer details to the supplier, like address and product color, etc.
Remember, the responsibility to ensure the product’s safe delivery within the suitable time frame lies in you.
Whether or not dropshipping on eBay is worth it depends on what you want to achieve.
For some people, they will enjoy the full benefits of eBay dropshipping, and for others, it may be a hassle to navigate through it.
Like any other online store, eBay has its pros and cons, which will help you decide whether it is worth trying.
Let’s look at them!
Dropshipping on eBay: Pros and Cons
After learning its pros and cons, you may wonder if eBay dropshipping is worth it or not?
Of course, yes! eBay dropshipping may be an excellent way to make some extra cash on the side. However, you may not rely on it if you have hefty bills to pay.
It is also excellent if you want to start some income-generating business but do not have any cash to finance it since it is free.
But, it may not be your go-to option if you are looking at building your brand. Remember, you carry out dropshipping on eBay helps in building eBay as a brand.
Moreover, you may not get the excellent profit margins you anticipate, and do not forget that you will also incur the listing fees.
For some people, it is an excellent way to make money on the side. But you need to know ways to execute it well.
Such knowledge includes where to get suppliers and to select the right ones to deliver products.
Other people say that you require traffic on your site for your dropshipping business to give you profit.
Also, you need to re-target it, and best if you have virtual assistants to help you with it. For you to enjoy good profits, you also need to be consistent and work hard.
Some recommend that you must have a backup supplier in case your current supplier stops working with you.
Moreover, learn how to manage the expectations of your buyers for better feedback.
Can People Make Money on Dropshipping on eBay?
Of course, people make money dropshipping on eBay. But, to reach a point where you are making something, you need to be consistent and put effort into it.
Ensure you find ways to maximize your listings so that you attract the most customers.
Also, you should be ready to follow eBay’s policies and ensure maximum customer satisfaction.
To better succeed in your dropshipping business on Amazon, you will need some automation assistance. Here are some popular tools that can help you manage the business.
AutoDS is an automatic drop shipping software for eBay and Shopify. This software allows you to send product listings on eBay, and it currently has over 20000 drop shippers with subscriptions on their newsletters.
The software has a chrome lister extension and also has a 60-minute stock monitoring and a profit monitor. In addition, it has a feedback system that works from when the customer makes an order.
- It helps minimize order cancellation or loss.
- It monitors suppliers’ changes in prices and updates it for you.
- Once the customer places an order, it automatically sends the order to the supplier.
- You can have the starter plan going for $7.99/ month. The new drop shipper, professional, and custom plans are going for $16.79/month, $151.99/month, and $23.99/month, respectively.
2. DSM Tool
With this software, you can source products from the supplier, list them, and put price tags. Also, you have a variety of suppliers who can deliver your products.
The tool is typically global, supporting prominent marketplaces such as Spain, the USA, the UK, and many more. It makes your dropshipping work easy.
- Monitors stock and price changes every hour
- It lists single and bulk products.
- Manages product listing
- You can enjoy the free plan or the basic plan at $24.97/month. It also has business and enterprise plans for $99.97/month and $499.97/month, respectively.
Easync is a great option when it comes to automating your dropshipping business. It is a tool that will help you monitor the performance of products and help you stock products that will earn you some good profit.
The software has a chrome lister, a 15-minute inventory, and automatic product ordering updates. In addition, most online channels, such as eBay, Shopify, and Amazon, support it.
- Offers listing templates and creates listings for free
- Helps in generating competitor titles
- Allows automatic ordering
- It has a free plan for 100 active listings, but you can go for other paid plans starting from $0.04/month for 30000 active listings.
4. Price Yak
This dropshipping software is an automatic one and has been running for over 11 years. It helps you list products on eBay, especially those you find on other sites but are on-demand on eBay.
You can custom make your template and adjust the settings for your dropshipping business with it.
- Offers free product listing
- You can check your listing and edit them before going live.
- It has an ID grabber.
- There is a free plan for 100 repriced listings and the first 300 ZMA orders. After that, subsequent repricing and orders will cost you from $0.10.
5. Sale Freaks
This software has different stores that you can use to fulfill the orders of your customers. Setting up this tool and then linking it to your eBay dropshipping business is easy.
To date, the software has been able to gather millions of eBay sales and listings. With this tool, you get all the knowledge you require to carry out your dropshipping business easily.
- It has an SEO listing generator.
- It also has an eBay CRM to facilitate communication with your customers.
- Allows you to do product research and invest in those that are profitable
- The pricing differs depending on the kind of features you want to enjoy and the product. You can go for either Bronze, Gold, or Platinum.
The Ecomdash is another great software that will help you monitor the price changes on eBay and adjust them from there.
This tool can simplify various e-commerce operations. As a result, it helps you enhance your sales by listing up-to-date product inventory on eBay.
This tool can be the best choice for those who work with multiple suppliers at a time.
- Features global compatibility that lets you take orders from worldwide buyers
- This tool can mark products that are out of stock.
- Auto-update for eBay inventory
- Ecomdash is free to use with limited access to the features. For more features, you can grab their pro plan that costs $25 per month.
Dropship Beast is also a valuable tool for eBay dropshipping. It has various features that ensure a smooth time listing and selling products from your site.
The tool has features that help in repricing, search engine optimization to drive traffic to your site, and more.
- Features a chrome extension to simplify the process of listing
- The tool supports various online marketplaces
- Has the keyword research tool.
- Provides traffic reports
- The prices start from $30 /month. You can also get custom pricing according to your needs.
That’s it! eBay dropshipping is a good side hustle to venture. However, you should be ready to put in the effort to see you succeed.
You can employ the various software in your eBay dropshipping business to help in pricing, finding suppliers, and generating traffic to your site.