Jack's eBay Drop Shipping Companion Course Updated 2019

Use this free Google Document to solve problems you have while selling on eBay
https://docs.google.com/spreadsheets/d/1KG_Fn6GKsla21-mB6-2lCKWtiFdDvlPEqVokeOhfu1c/edit?usp=sharing

Here is a open source document with some information about sources and suppliers
https://docs.google.com/spreadsheets/d/19fbiKVEyIpEh3gP-eYW8ipAbvxZLuaqSXH5CeP1BLI8/edit?usp=sharing

A "Source" or a "Supplier" is a place that you can purchase the items you sell from. Sources differ from one another in a few ways. The main ways sources are different are:

1) Competition Level

2) Shipping Speed

3) Freight Forwarding

4) Against Drop Shipping?

5) Return Process

There are many different places you can sell products online. Some places provide you with traffic to your store, while other places require you to bring your own traffic.

If you have a store, you need traffic going towards it in order to make sales.

If you have a store but no traffic, then you will have no sales no matter how great your store is!

You'll need to experiment allot with pricing in the long run. However, in the beginning, you can mark your items up by 1.4

This means ((Cost of item) + (Cost of shipping))  *  1.4  = Sale Price

As a US person, you pay 9.15% to eBay and 2.9% to PayPal. If you want to quickly calculate your fees, you can multiple sale price by 0.88

For example,

If an item sells for $100, then you would multiple $100 * 0.88. You would have $88 to purchase the item (after paying $12 in eBay fees)