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Dropshiping profit margin


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Useful file Jaybone.

Dropshipping can be very profitable. I know of people selling some items we have very successfully.

Spypens can be purchased from DropTheGoods.com for £19.99, people are selling these for £40+ on the internet, so that's 100% profit.

The Touch screen phones are being sold for £95+, thats 33% profit.

So some great money to be made.
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Reply With Quote Old 01-06-2009, 06:49 AM



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Originally Posted by woodleyB View Post
Hi Jay,
Do you think you could email me that spreadsheet? I cant PM you yet, as you havent made 10 posts.
woodley_b (@) hotmail.com

Thanks
Could I get a copy of that spreadsheet too mate? Just for reference?
Thanks!


Amar

amar_swindon (@) yahoo.co.uk
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Reply With Quote Old 01-06-2009, 03:38 PM



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I'm fairly new to all this too, but I really want to start a business so, if someone could send me suppliers info and price list on any type of electrical product (mobiles/dvds/blu-rays/games/) I would be extremely grateful! I am starting a post on this too, many thanks in advance!
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Reply With Quote Old 01-06-2009, 03:40 PM



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Could I have the file sent please, Amit92@hotmail.co.uk
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Reply With Quote Old 01-06-2009, 04:13 PM



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Guys, the file is attached on the last page.

Cheers

Jay
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Reply With Quote Old 01-06-2009, 10:10 PM



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Sorry, I saw it straight after I posted! lol thanks!
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Reply With Quote Old 02-06-2009, 07:19 AM



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Quote:
Originally Posted by keekeedee View Post
Useful file Jaybone.

Dropshipping can be very profitable. I know of people selling some items we have very successfully.

Spypens can be purchased from DropTheGoods.com for £19.99, people are selling these for £40+ on the internet, so that's 100% profit.

The Touch screen phones are being sold for £95+, thats 33% profit.

So some great money to be made.

excepts its not is it? if it was 100% profit you would have to get it for free and have no costs associated with selling it.

It is 100% mark up (if you are not VAT registered)

It would be a 50% gross profit margin. Net profit would be minus any other costs associated with selling the product. Fees, postage, tax, overheads etc etc etc


Not trying to have a go but as a businessman and seller you should make correct statements about potential profit to potential customers and not make crazy statements of 100% profit.
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Reply With Quote Old 02-06-2009, 07:35 AM



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This spreadsheet is really nice. Thank you
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Reply With Quote Old 05-06-2009, 08:35 AM



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hehe... I have a MASSIVELY better sheet that I use for myself to keep track on live listings, sales history etc. No seperate boxes, just one line which takes into account listing type, store type, paypal rate and powerseller status. Includes Macro's to post calculations to live listings and sales history.

Can't give that one away just yet though, I'm negotiating with a re-seller for the buy-out rights to it.

Jay
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Reply With Quote Old 05-06-2009, 09:45 AM



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JayBone could you please send me that spreadsheet aswell.

Thanks

humzaahmad@hotmail.co.uk
#50  
Reply With Quote Old 05-06-2009, 11:35 AM

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