How to start a drop shipping business on Amazon – for the normal person

This Post: How to start a drop shipping business on Amazon – for the normal person

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well welcome to my video and in this video what I’m going to do is I’m going to share with you how you can start your own dropship business you do not need another person all you need is an internet computer first thing you’re going to do is go to hunting for cashback calm and you’re going to sign up if you’d like you register for free definitely have to do that also you just want to plug in your email your password and what that’s going to do is give you the option to do a free account of VIP or premium and I highly recommend the VIP account because it’s just going to give you the most money back I know ninety nine dollars out front so it seems kind of crazy to be attached to a website that’s actually going to give you a lot more money back but the concept is new so just try to digest that and think about it and run them run the numbers on see how much it would call how much you would need to sell to get that money back so what you’re going to do is you’re actually going to login once you do that create an account I have a VIP account it gives me not only cash back on the dropshipping I do but anything I want to do for myself for shopping as well and everyone seems to shop online anymore maybe you have um if you have for now one you should shop through here because there are 4,000 stores on here that you shop at now I’m going to teach you how to drop ship you don’t need to know anything other than you need to get to this site and pick a store so I’m going to pick Walmart to go to and what you can see here is this is why I recommend you get a VIP because it’s going to increase your profit margin on this particular site by 7% if you look back there’s over 4,000 different stores every store has a different percentage so the amount that you will get back here’s iTunes is different for every store now this is about an average you’re seeing like average prices or percentages back but if you find you will find other stores that I have found up to 30% back I actually got print cartridges for my printer that were 24% back at place called 101 inks or ink and the prices were cheaper on top of it so I’m going to go to Walmart that’s all you do that’s different than what you would normally do and that is like a secret weapon that is something that nobody else is doing out there so I just want to show you how I go about finding something to dropship on Amazon and you could do it on eBay too but Amazon is so easy so I look for savings events um here’s a big savings for little one so let’s check this out it’s you want to kind of tailor it you want to be smart about what you’re picking like what season is it what time of the year what types of products you won’t want a product that people are going to try on and decide doesn’t fit and send it back that kind of thing so what I would do is I just scroll through now one of the things you want to know is what’s the shipping policy of this store I always go price high too low you want to know the shipping policy because you want to have a product that you don’t have to pay shipping for as well so if you go high too low you’re going to find the highest priced items on here so let’s just take this for example not having going through this yet so this might flop I’m not sure but you can see that it sells for $4.99 but it’s on sale for 399 so what I do is I click on the actual product and I highlight it and then I’ll go up here to Amazon and I’ll just paste it in and it’s 399 so that’s a flop so you would not want to post that because it’s the same price and you’re not going to make money doing that so that’s good to know like you know you want to run the numbers and I’ll show you how to do that here at the end let me scroll down through and do something that I would guess would be a good um a good fit uh I haven’t gone in the realm of furniture just it’s not my comfort and you can do whatever you want um let’s jump over here to three okay so what I’m looking for things like that are on sale or things that are clearance or you know rollbacks or those sort of things alright here’s it here’s a dresser so I’m going to click on the dresser it was 249 on sale for 159 I’m going to copy right click copy go up here to Amazon let’s try this one and this is all you would do um Amazon is very easy because once you find that product all right bingo there you go so the cheapest one that they’re selling on Amazon is right here 398 so right there my profit margin if I would sell it for 398 is like over $200 so I’m going to go to Amazon this is how you would do it if you don’t know have an account on Amazon you need to get an account I haven’t done a video yet but hopefully by the time you’re watching this I will get a video out on how to sign up for Amazon but just go to amazon.com sign up for an account you want to click on it and this is how easy it is you see it here it’s selling for 398 you click sell on Amazon once you have your account registered you can see the list price is um 259 to 398 okay so the list price is what other people are selling it for in Amazon they’re selling it for 398 so I would want to go here go to new in a tie-pin condition and I’ve done this before brand-new quantity you don’t want to do any more than like two or three so I’ll just put two and I’m going to match that I’m going to do better than that I’m going to say 249 97 yeah I’m going to scroll down and what this is is I want to ship this myself if you have like a ton of items that you can send them to Amazon but that’s not what we’re doing and Amazon will actually ship them for you and all Amazon is is people like us they create a store you create a storefront you get a logo alright so standard shipping I’m going to get sixty dollars and 49 cents for this for shipping so you click continue and what happens while I got real aughh in what happens is right here is what the total you’ll receive so this is the important number to you so if you take 265 let’s just round the numbers minus the cost of the chair which was 159 so let’s just do 160 minus 160 you’re going to make one hundred and five dollars on selling just one of those now the reason why this hunting for cash back site is pretty cool is because once you order that 160 dollars you’re going to get an additional 7 percent now on this case there is a big profit margin on that I didn’t really it didn’t you know increase my profits tons by you know making me more marketable because there weren’t a whole lot of people on Amazon selling that but there are cases where you know you’re trying to sell certain things in that 7% matter so 160 dollars you want you’re going to get 7% of back on that so you’re also going to get 11 dollars into your account and then you would just click Submit listing I just want to show you what I’ve got in my account and to show you that it’s real that I’ve ordered through different sites and I’ve gotten cash back so it increases the amount money right here is the amount of money cash back and then pending it takes 60 to 90 days to clear that because it needs to use the return policy of the store to clear the cash back so here’s just some of the other stores I’ve ordered from this is the free membership that’s how much we’d get for free and this is what you get when you get VIP so it’s an additional six percent back so that’s how you dropship not having any product not having any money and getting some quick money I did ah about four thousand dollars in sales in two weeks so look at my other videos if you need more information just comment and I’ll get back to you if you want a free voucher for a VIP for one month um leave a comment below or contact me just saying hey I want to try your system out can I have a free voucher and I’ll give you a VIP costs 99 cents to activate you can cancel at any time thanks for watching check out my other video subscribe to my channel