Is worldwide brands good?

[ThatOneGuy]

Using the limited time I have, I think I spent 10 hours oher 2 days researching products. Everything on Ebay is extremely saturated. I think this would be my next best option, finding a wholesaler and getting a product cheap.

I'd love to hear any experiences with worldwide brands.

Regarding dropshipping, am I doing something wrong?
Is eBay just not a viable option aanymore?


Btw its 300$...

 

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[biophase]

How is this your next best option. You pay $300 and you get a list of all the products you just spent 20 hours searching on?

Just wondering why you think that this list at WWB would be better. What do you think it will have inside it?

 

[ThatOneGuy]

How is this your next best option. You pay $300 and you get a list of all the products you just spent 20 hours searching on?

Just wondering why you think that this list at WWB would be better. What do you think it will have inside it?

Wholesalers who I can actually trust in organized list. It would be better in the long term, considering that.

 

[biophase]

Hi, the reason I answered in that way is because I wanted you to think about it for a second. Here is a company that sells a list for $300 to anyone. Do you think that it would be a good list? Wouldn't hundreds of other people have paid for this same list? Where would your competitive advantage be by getting this list if tons of other people who are eager to start a dropshipping business also have this list?

You need to think differently. The list is crap, I had access to it 7 years ago when I first started in this business. None of the companies on the list were any good. You need to find dropshippers who are NOT on that list or find people who don't even dropship and convince them to do it for you. Then you would be the only store selling their stuff!

 

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[MJ DeMarco]

We were just talking about this on the inside. Why dig for GOLD when you can sell shovels?

The list is crap

Or maybe in this case, spoons.

 

[Kak]

The only person making money in that transaction is the one selling the list.

 

[Serks]

I wouldn't suggest going for that list.

I spent the 300 for it a couple of years ago.

I would say the list is as good or as resourceful as the person using it- won't take out the heavy lifting needed

 

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[TedM]

find your niche, contact manufacturers yourself. save $300. that's what works.

 

[Walter Hay]

Are you determined to follow the dropship business model? Some people make a success of it, but most don't. There are two big problems IMO (and more smaller ones)

• Massive competition unless you can find a manufacturer who is not already supplying dropship resellers.
  
• Pathetically low profit margins. From what I have read it seems that few do better than 30% profit and most do a lot worse. After cost of sales, including packaging, postage, eBay or Amazon fees, PayPal fees etc., many just end up being cheap labor for the dropship wholesalers.

If you have $300 spare to just pay to become a customer, why not put that money into inventory that you can buy direct from manufacturers overseas? I have had quite a few of my book readers who have started off with about that much and slowly built up their business. Not fastlane stuff for most, but some have made it.