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Dropshipping on eBay: How to Make Money On The Platform

Dropshipping on eBay: How to Make Money On The Platform

Dropshipping on eBay is the lowest-risk eCommerce business model out there. It costs next to nothing to get started, making it an excellent choice for those who can’t afford to take chances on a new business.

With 180 million active users, eBay is one of the biggest online marketplaces in the world – with a number this impressive, you simply want to have a piece of that pie. To learn what’s what, I’ve put together this piece that will positively show how to make money dropshipping on eBay. 

Dropshipping on eBay: What does it take to make money on the platform

After all these years, eBay is still one of the most valuable and biggest online shopping platforms in the world. The idea of dropshipping is practically synonymous with the lowest possible risk in the eCommerce marketplace. 

Over the last few months, however, there have been stringent new dropshipping on eBay policies that have bewildered sellers. Whether its removal of listings or removal from the site altogether, you should take some cautious steps to ensure your presence as a seller.

Dropshipping on eBay: 101

In classic brick and mortar retail locations, retailers keep a stock on hand of the products they offer, often acquiring these products in bulk at a wholesale price from a manufacturer. Dropshipping, also known as product sourcing, excludes the step of keeping an inventory. Instead, it enables the seller to purchase products individually and then sell them for a profit in their eCommerce store.

With dropshipping on eBay using print on demand, you never have to risk any money on a product you haven’t sold. You also don’t have to hassle with storage or packing boxes.

And to make your life even easier, you don’t have to worry about finding trustworthy suppliers – our printing partners here on Printify have been thoroughly vetted and checked.

Also, the reason you should learn how to make money dropshipping on eBay is it’s another low-cost angle: the listing fees. Such eCommerce giants like eBay and Etsy allow you to place your listings in front of a broad audience with minimal processing fees. 

To sum up the benefits of dropshipping on eBay:

Low cost

Dropshippers only purchase goods as customers buy them. Plus, there are no minimum order quantities when you work with Printify.

Highly automated

By using Printify for your dropshipping needs, most of the processes are going to be automated. Adding products to your eBay store is just a click away, giving you more time to focus on marketing and customer care.

Low risk

Since you’ll be selling a wholesaler’s product instead of your own, you will pay wholesale pricing, which allows for higher markups. Depending on your printing partner’s location, you might benefit from having low shipping rates (you can see the rates right next to the print provider info under any item in the Printify catalog) that keep costs low for yourself and your customers.

Timesaving

Because most of the processes are automated, you don’t have to do much, and can instead focus on marketing. Everything else, including packaging and dispatching, is done by your printing partner.

And if you need an outside opinion, I will let Google trends talk. It clearly shows that dropshipping is bigger than ever.

trends.embed.renderExploreWidget(“TIMESERIES”, {“comparisonItem”:[{“keyword”:”dropshipping”,”geo”:””,”time”:”today 5-y”}],”category”:0,”property”:””}, {“exploreQuery”:”date=today%205-y&q=dropshipping”,”guestPath”:”https://trends.google.com:443/trends/embed/”});

RELATED: Learn more about the perks of dropshipping 

What is eBay?

how to make money dropshipping on ebayhow to make money dropshipping on ebay

eBay is an online marketplace where you can buy & sell products online and is one of the easiest ways how to make money with dropshipping on eBay. eBay’s core is its auction platform and shopping site through which people can buy and sell a huge variety of products and services worldwide. Like other eCommerce marketplaces such as Aliexpress, Amazon, and Etsy, for years, eBay’s user base has been steadily increasing.

In 2019, the platform reached 182 million users, and eBay’s marketplaces’ net revenue was 7.58 billion US dollars, the majority of which were generated via transaction revenues. In 2020, eCommerce is bigger than ever. The high volume of users has attracted online merchants looking to find buyers for their goods.

How does dropshipping on eBay work?

You can find, buy and dropship almost anything on eBay – from baseball cards to apparel to art. On eBay, sellers post their goods with a starting bid. The lower the initial bid, the more likely the customers will bid on it. Those interested, bid on the product for a selected number of days set by the seller. The highest bid wins the sale. The most active bidding usually occurs in the last 30 minutes of the auction. If the item is in super high demand, the seller can go away with quite a profit. 

The top 10% of eBay drop shippers make on average $7,731/month profit – that’s $92,772/year. 

There is another way to buy. Instead of auctioning off their products, sellers can opt to add a “Buy it now” button to control the price and to allow customers to purchase, without bidding, at a fixed price.

So, how to make money dropshipping on eBay?

There are millions upon millions of products on eBay, but many sellers who sell on this platform never actually handle the items they sell. Instead, they source their products from a separate online seller, usually at a wholesale price, then list these items in their eBay store. Many sellers use the exact images and descriptions provided by their dropship suppliers. But that’s up to the seller. 

eBay provides sellers with the platform, solutions, and support they need to grow their business. It doesn’t focus on competition, but rather on working with sellers.

  • Dropshipping on eBay is a very lucrative way on how to make money. on eBay.
  • Does dropshipping work on eBay? Of course, it does!
  • How to make money dropshipping on eBay? By offering the people what they need. 

Step 1 – set up your store

If you want to make money off of eBay, you first need to open your store. To open a store, you need to create an account with them first. Registering an account on eBay is free. However, when you sell an item, you have to pay eBay the seller’s fee. With Printify’s eBay integration, setting up a dropshipping store is unbelievably easy, but more on that later.

Step 2 – find your niche

How to choose a niche or a product to sell on eBay? You can either go with your passion, whether it’s apparel, custom home decor, footwear, artwork, etc., by offering people your designs on whatever blank canvas you wish. Or you can find out what’s hot right now and jump on a trend wagon. 

Step 3 – research your competition

If you think of something unique to sell, chances are, it’s already on the market, including dozens of cheap Chinese dupes. However, the existence of competition is not necessarily bad – it may actually tell you that you’ve found a profitable niche. But you need to thoroughly research and analyze your competitors and find out if you have what it takes to stand out among them.

There are a few telltale signs that even if other merchants are already offering the same services as you, you can also enter a niche market:

  • Low-quality content. By creating high-quality, detailed content with relevant keywords, imaging, etc., you can easily stand out.
  • Lack of paid competition. If you find that the keyword search volume is relatively high, but less paid advertising, you certainly have the opportunity to enter the market and succeed.

Step 4 – Find your supplier

During this stage, when you probably already know the product catalog by heart and have selected the products you want to add to your eBay store, it’s wise to order samples.

Printify lets you handpick your supplier, which makes it convenient for both parties, your business, and the customers. As a dropshipping business owner, you get to retain your brand’s authority by working with the most suitable print provider. And Printify works with the best; creme de la creme of printing professionals. 

Back to samples

This allows you to make first-hand ratings on the products’ quality, print design, and packaging – you’ll see how your clients will see what you sell. In my experience, this stage is crucial.

My first experience with print-on-demand dropshipping shirts ended in huge fiasco just because I didn’t sample. In theory, all was great: I had great designs, my favorite soft-style cotton shirt blanks… But I had made a huge mistake in the mockup generator, and my beautiful designs we ginormous! How did I find out? Through a not-that-good review. 

I scaled down my design, ordered a few samples, which by the way, let me kill two birds with one stone: not only could inspect every aspect of the transaction, but I also became my own walking billboard. People saw my shirt and asked me where I got it. In my Etsy store, I said. I made this my self, I boasted.

After receiving your samples, if you’re pleased with what you see, you can take a step to the next level and publish the products to your eBay store.

Step 5 – the price is right when dropshipping on eBay

If you’ve found a popular product and marketed it, but the sales are not coming in, you might feel like second-guessing yourself. Did my marketing strategy fall flat? Did I choose the wrong product? Should I have asked someone to review my store? 

In the process of learning how to make money dropshipping on eBay, you will discover that several factors can negatively impact your store’s success. Luckily, one of those factors is easily fixable: change your price

Novice merchants often make one of two pricing mistakes by either pricing their product way too high or too low. Make sure the price of a product allows you to make money, but don’t overdo it; If you want a simple way to calculate your dropshipping profits, you simply need to find the difference between the two price points for the same product.

Dropshipping on eBay – Don’t be afraid to experiment

During this stage, you can play around with different pricing models. One of the best ways to attract customers is via free shipping. But it doesn’t mean you have to pay for shipping from your own pocket. Simply add shipping costs to your product cost, and voila! – the clients who have filtered out only listings with free shipping will soon see your gorgeous creation.

You can also opt for the ‘sales’ tactic. Let’s say you choose a product from the Printify catalog that costs $10. You will surely want to add markup. In this case, let’s triple it. So, now we have a product that costs $29.99 (industry professionals generally recommend pricing with .99 or .95, instead of rounding up to even numbers. Read more about pricing psychology here).

Next, you can set the original price of the product to $59.99 – it will show a 50% discount on your product, and boy do people love a good bargain! The markup allows you to have a marketing budget for your products, plus generate a decent profit. 

These two techniques, of course, are not a fool-proof and doesn’t guarantee to drive sales. As I said, you need to experiment with pricing to determine what works for you and your store. There’s no universal recipe. 

Step 6 – tell the world

When you’ve found your niche, have done competition analysis, and are sure that’s the product or direction you want to steer, and are sure you’ve learned the theory on how to make money dropshipping on eBay, all you have to do is tell the world about your amazing products. 

There are two ways of doing it: free advertising through social media channels with the help of your family and friends (if you’re friends with social media influencers, a single Instagram story can skyrocket your sales). Or, if you’re not comfortable asking your friends to endorse you, you can allocate a marketing budget to generate traffic to your brand new eBay store. 

The easiest way to sell goods on eBay and not worry about anything other than marketing and counting your earnings is to partner up with a seasoned professional in this case, Printify. 

Are Rules of the Game-Changing? Dropshipping on eBay in 2020

how to make money dropshipping on ebay

It is true – change of policies discourages ambitious online sellers to achieve the desired growth. Contrary to misguided perception, dropshipping on eBay is not as perfect as people think. For instance, you need to purchase inventory in bulk from a reliable wholesaler as a first step.

Similarly, negotiations with a wholesaler can run into other difficulties. Then there is the fear of rejection dangling over you. If you want to make things work, you can choose to ship your products to a specific fulfillment service after getting your inventory. However, paying upfront for all the inventory you need can become an issue. However, the traditional dropshipping comes at relatively low risk.

Dropshipping on eBay: Print on Demand

For those of you who may not be aware of the print-on-demand, it refers to a business model that allows you to print specific quantities of customized merchandise. It means you do not have to purchase an extraneous amount of inventory and directly send it to your targeted customers. 

It is a perfect fulfillment model that also works in favor of customers to purchase products from your online store and heads straight to the print provider. The underlying purpose of Printify is to facilitate sellers by getting rid of storage space. Besides, POD allows you to be more creative, increase production, and simplify your fulfillment of orders.

Dropshipping on eBay: Is It Still Worth It?

Mostly, the discourse around the dropshipping has to do with how it continues to change. Today, dropshippers can communicate with their wholesalers on products. It would be fair to say that dropshipping is far from dead. However, when it comes to dropshipping on eBay, there are certain mandated requirements you have to fulfill to sell your products to the customers. 

The biggest concern comes with purchasing bulk inventory that adds up more costs in the long-run. On top of all, there is no guarantee that you would be able to sell all of your items. Technically, you can view it as purchasing inventory from a specific wholesaler rather than dropshipping on eBay.

Apart from the risk and added costs, another problem with dropshipping on eBay is accepting the fact that you cannot build your desired customer base. Consequently, it makes it harder for sellers to grow their business and indirectly propel eBay’s growth. 

Dropshipping on eBay: It’s a Process!

It all starts with selecting your supplier. However, you need to find automated software to take care of dropshipping business tasks such as fulfilling orders and finding products. After that, you can find attractive and profitable products for listing. You can, of course, use automated software to list the most profitable products.

Reality Check of Dropshipping on eBay: Is it Easier to Make Money?

There is no generalized answer to this question. It depends on how good you understand the eBay environment. The auction site’s specific requirements can disrupt the creative process and growth of a business. For sellers who have managed to build a store on eBay, it all comes down to selecting the right products at the right time to sell. Similarly, negative feedback can tarnish your brand, as it will always stay on the site. Therefore, brands prioritize quality rather than the quantity of products.

An Alternative Solution: Printify for Dropshipping

As much as the notion of dropshipping on eBay appeals to sellers, the reality, however, can be quite grim. Therefore, it would be wise to have an alternative like Printify rather than be at the mercy of eBay dropshipping for life.

With Printify’s, you can get access to some of the most renowned and reputable print providers across the globe. From DTG2Go to ArtsAdd to The Dream Junction to MyLocker; the world is your oyster. Similarly, you can connect to a variety of print providers in the US, Canada, China, the UK, and Europe without geographical constraints.

Printify allows you to go through a simplified process and choosing the products you need when dropshipping on eBay. After that, you can choose a specific print provider for your products in terms of price point, location, etc. Unlike others, Printify gives you full authority and control to decide high or ultra-high price points for the products.

Similarly, you don’t have to incur any hidden, extra, or additional charges. In fact, you only pay on what you sell, which means your profit margins revolve around your cost of shipping and printing.

In essence, the order fulfillment has never been easier when it comes to print-on-demand drop shipping of T-shirts.

Start dropshipping on eBay with Printify

Printify is one of the fastest-growing online marketplaces, instantly connecting online merchants to major print on demand & dropshipping manufacturers worldwide. Make more money with as little effort as possible.

With Printify’s seamless integration of eBay, you have the option to sell to its whopping 180 million audience! To top it off, as an eBay merchant, you’re protected by professional policies, transaction monitoring, and a dedicated seller protection team. That is, in addition, the excellent service you already get with your Prinitify account. This increases your conversion rates and reduces customer service costs for your business. The platform relies on an automated detection system to monitor transactions for you.

A huge plus with dropshipping on eBay is that customers don’t have to find your store for you to sell on eBay, they just have to find your listing. With the right product photography and caption, you can attract thousands of customers a day.

Printify’s integration makes it easy to become an eBay seller. Turn your idea into a product with no inventory!

Why use Printify for dropshipping on eBay?

pod shirt dropshippingpod shirt dropshipping

By using Printify’s solution, you’re instantly connected to the leading print providers worldwide. Printing locations: US, UK, Canada, Europe, and China.

There are no hidden fees, which means there are no transaction or commission fees. You pay as you sell, and your profit margins depend on the total cost of printing and shipping. 

Use our state of the art mockup generator to create high definition product images from different angles – they will give your store an instant professional look.

NOTE: How to integrate with eBay

Dropshipping on eBay: It’s all about the presentation

As soon as you’re done with the integration process, you’ll need to work on your custom products using the mockup generator. I was talking in the previous paragraph. If you’re wondering, what in the world is a mockup generator, in technical terms, it’s a design tool that helps you create custom prints for your desired products, producing mockups of the end product, hence the name mockup generator.

Follow the Success Stories

The pro dropshippers don’t let the ease of doing business exploit their creative imagination. Sure, it is an exciting time and online field, but you have to a few right steps to benefit from dropshippingon eBay. If you follow the most successful dropshippingon eBay stories who managed to make hundreds of millions of dollars, you will find a singular strategy to execute simple ideas. 

Don’t read up on the traditional practices of dropshippingon eBaybusiness. Your goal should be to select a product and find out how to add more value to the same item. It may sound simple, but it takes a strategic brand, quality, and service approach. 

If you want to emerge victorious as an online merchant, you should simply your initial setup. And part of the process starts with finding a reliable print provider and reviewing a lot of products. Ultimately, the more concentrated you are to build an excellent product, the higher the success ratio.

If you managed to customize a, say, t-shirt that is better than a famous brand, you would improve your reputation as a brand and attract a huge number of customers. You need to find what does and doesn’t work in a product. It’s a great way to increase the value of your product. 

Many online sellers have a niche passion that requires more due-diligence and preparation beforehand to do a dropshipping on eBay. However, the end result almost always turns into a profitable endeavor. However, your product choice doesn’t have to be niche; it just needs to be good enough to fulfill a gap in the online marketplace.

Conclusion

Although you have complete freedom with dropshipping on eBay, sellers also have the option to build their unique brand to dropship interesting products. Again, you should be attentive as to how you list your products.

Now that you’ve learned the basics of how to make money dropshipping on eBay with Printify integration, it’s time to get to work. Think of what you want to sell, set up your eBay store, list the products, and start selling!

Make it happen right now.

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