living on dropshipping

plop12 · 24-02-08

Is there any of you guys who's living only on dropshipping?
Whithout having another job.

I just want to figure out if it is possible.

cdm · 24-02-08

I have a full time job and do dropshipping here and there. I don't know how succesful it would be as a full time job.

I deffinately wont be planning on doing it full time, get too many problems along the way. Better to have someone pay you a wage and not have the hassle.

amp · 25-02-08

cdm, I understand all about the problems. Was into dropshipping a few years back..Didn't go well.

BlackSpider · 25-02-08

You can definately make a good living from dropshipping.

I know somebody who does quite well who uses a website to get sales and orders from a supplier direct to customer, dropshipping.

The important thing is having a reliable and responsible supplier.

His margins are about 50% mark up over all products.
He sells about 350k/year (sell price) from his main supplier and some more from other suppliers. Never has to touch the products.

What are average dropship margins?
Is it difficult to find god dropship suppliers?

Spider

Green-Moo · 26-02-08

I think it makes a big difference where you are selling your product. I imagine making a full time living on eBay from droppshipped goods would be very difficult as that marketplace is saturated with them, making margins low.

dank · 27-02-08

50% markup on all dropshipping products is quite impressive!
What does he dropship?

BlackSpider · 27-02-08

Hi Dank,

He sells gym and fitness equipment.

Spider.

tater03 · 28-02-08

Wow, now those are good numbers. I don't do this but my brother in law started to awhile back but really hasn't devoted a ton of time to it so I am really not to sure how he is doing.

amp · 28-02-08

50% is great for dropshipping.