Just So You Know I’m Real! This is a picture of me, Billy Nguyen, in Canada, hanging out with one of my friends who I used to dropship fish tanks for (that’s his hand)
Read Me Hey there! The point of this eBook is to skip all the fluff, and go straight to the meat, so I’ll keep this section brief. I created this eBook primarily because I wanted to be able to genuinely help people who have always wanted to learn how to REALLY dropship (and make good money) on Ebay. I also want to build a following behind my personal brand and expertise, and I wanted to start by giving back to the community that made it all possible for me!
A Brief on Who I Am An Ebay PowerSeller for over 5 years Made my first $100,000 on Ebay while still in college (2008) Was the top Ebay seller for my specific dropshipping product Recently had one of my online businesses valued at a $200,000
I know a lot about the internet, especially about Ebay. And of all the internet projects I’ve worked on over the years, I’ve loved Ebay the most. I know it inside-and-out. So rest assured. You are in good hands!
This is Your Opportunity to Change Your Life No, I’m not joking! I started my living online solely thanks to Ebay and I KNOW you can too. You just have to be dedicated, know that you are truly passionate about it, and WORK to make it.
For me this isn’t fluff talk. For me this is my sincere way of reaching out to you and telling you that it really is possible. Forget all the scams, and “you can, you might, you have a chance”. Take these dead-simple tactics I’ve compiled over 5+ years of real Ebay mastership, and tell yourself you WANT it and you’ll GET IT.
Keep the mentality of staying sharp with my tactics, and I promise you’ll make hundreds within your first week of dropshipping.
Dropshipping on Ebay Dropshipping has always been one of the unsung heroes of Ebay. Once you understand exactly how it works, you’ll realize it’s omnipresent in one way or another. Let me give you a really simple-yet-completely-overlooked example: Dropshipping from a supplier can (and often does) have the ability to convert to a wholesale partnership at a maximum discount, but it almost never happens the other way around. And despite what naysayers are preaching, dropshipping is still very alive, and will never die, so long as you know how to source deals!
The Two Traps There are two really dangerous traps that people fall for when they think of dropshipping on Ebay: 1- Dropshipping popular products 2- Wholesaling popular products The first thing you need to do is forget about anything that has any buzz around it. No videogame consoles, no iPads, no As-Seen-On-TV, etc. Just trust me.
Long-story-short: Roughly 60% of the sellers of these products are businesses that purchase thousands (to tens of thousands) of inventory weekly. Another 30% are individuals just selling a single item, and 10% are people who have been scammed into joining “dropshipping directories” and make negative profit on their sales. Now you may be thinking: “Great, so what am I supposed to sell now”!? The answer is: ANYTHING.
Finding a Niche I’m being totally sincere when I say that finding a niche is actually ridiculously easy—especially on Ebay. The main reason is because virtually everyone going to Ebay is going there ready to purchase, which is very different from someone going to Google or Amazon simply to read a review. In essence: Everything sells on Ebay.
Fun Fact: Ebay made $11.7 BILLION dollars in 2011 (Source: Venturebeat)
That being said, there are two RIDICULOUSLY simply methods to use when coming up with a niche, and they both require you to let go of your prejudices and get downright “stupid”:
Strategy 1: Look at anything and everything around you Sad enough to say, even the grass you stand on could have been a purchased commodity. Every pen you write with, toilet paper you use, lamp you turn on, even the cotton swabs in your bathroom; everything is fair game. One of the most famous billionaires in China, began her empire by literally collecting and reselling PAPER. I can’t make this up!
Some proof that everything around you can be sold: (via Inc Magazine)
Open up a document, spreadsheet, or just get a piece of paper handy, and just jot down anything, no matter how ridiculous.
Fun Fact: Ebay supplies are now one of the most profitable niches on Ebay.
Strategy 2: Think about specific hobbies/things you or other’s love Again, super-simple, but this is my favorite method, because it will help you quickly find the BEST SELLING items on Ebay. It’s a win-win: People will keep buying what they love, and you’ll enjoy selling what you have a passion for! I actually created a quick cheat-sheet for this method as part of my $100K Dropshipping video course, but I’m happy to share it here as well
You can access here: MoneyBay://Quick-Niche-Spreadsheet
In essence, you want to jot down a big list of: (1) Hobbies or things you love, (2) trends that are popular or in high demand, and (3) things that seem inconceivably silly to ever have an interest in.
Afterwards, create a niche sub-category for each item. So for instance, one of my examples above is “Harry Potter” “Costumes”. This is an ACTUAL niche, and I didn’t even have to really think about it. There really are entire businesses built around specific types of Halloween/special event costumes.
The main point is to K.I.S.S. (keep it simple, stupid)! You really don’t need any other strategies than these. Anything else would simply be overthinking it. A common mistake is immediately thinking about what might make the most money, so we end up defaulting back to thinking about something tough to actually compete in like “Toyota Parts”. K.I.S.S.!!
Gaging Demand & Refining the Niche Validation on Ebay is all about using Ebay Search properly. Validating that there is an actual market for your product on Ebay is very easy; If you have something to sell on Ebay, there is a market for it. The main idea is to gage the demand for the product. For instance, I did a relevant Ebay search for the “harry potter costume” niche and returned this result:
Clearly the demand is high, but it may be a little bit crowded, so from here, you simply narrow down into an even DEEPER niche.
Again, K.I.S.S. Don’t waste your time trying to think of what could be a smaller niche—it’s right there in front of you! If you look at the picture above, I pointed out the “costume and reenactment” category of the sidebar. You’ll see that there are less results for this section, but it is more relevant to our target niche.
From here you can clearly see that one of the most popular sellers is Harry Potter Robes. At this point, it is safe to say we’ve found an exact niche we’d like to dropship. Congratulations!
The Quickest Way to Find Suppliers I’m going to share with you one of the biggest secrets of successful Ebay dropshippers: There is no “magic bullet” for landing suppliers. Getting a supplier is all about selling yourself to EVERYONE! That simple little secret is what has (and always will) keep the top dropshippers on the top, and—sadly—fool many people into getting scammed by dropship “membership directories” which are totally oversaturated, and don’t turn a profit for anyone but the directories themselves. I’M BEGGING YOU, DON’T EVER JOIN A DROPSHIPPING DIRECTORY, OR PROGRAM.
My advice: Go back to the basics. Understand that dropshipping directories, sourcers, etc, are all partnered with 1 or 2 major carriers of a specific product in only a handful of catagories. Which means prices are uncompetitive/inflexible, not to mention TENS OF THOUSANDS of suppliers are being ignored.
Strategy 1: Go for every local small business Here is one ridiculously simple trick: Think about what local store would carry the EXACT product you are looking for. The keyword here is LOCAL. Think about it: Small businesses are always looking to expand their business, but don’t have the resources… Also, I’d say about 25% of dropshipping programs created every year are through small businesses that decide to open one. You’d also be surprised how many small businesses have no idea how to use Ebay (but they sure know how to take a payment and ship a package)!
Fun Fact: A very popular niche that does REALLY well on Ebay, and could save a lot of small businesses from dying is antiques.
Ultimately it’s all about finding the businesses and negotiating with them that you are the right companion. What do you bring to the table for THEM? An online presence A brand new/additional sales funnel Majority of profits without having to sell themselves 24-7 sales A way to combat the “big guys” (Walmart, etc)
Strategy 2: Strike a deal with an Amazon seller After observing Ebay and Amazon over the last half decade, I’ve realized that—believe it or not—there is not a lot of cross-pollination between the
two. Meaning when people sell on one of them, 99% of the time, they’ll never sell on the other. But again this is a big missed opportunity for people. The main reason sellers don’t usually cross pollinate is: Doing well on just ONE of these sites takes a LOT of time and effort. And at the end of the day these sellers are small businesses too! It’s to your mutual benefit that you can help them expand onto Ebay by doing the sales for them, and taking profit off the top. I did a sample search just to show you the potential:
The key point with Amazon seller’s is to let them know you are not interested at all in selling on Amazon, and you are willing to sign what is called a “non-compete” clause in your contract, stating that you will not sell on Amazon for the duration of your partnership!
How the Partnership Works The concept of partnering with a supplier to dropship is simple. Once you’ve gotten your supplier, you need to make sure you are either getting a percentage discount (i.e. 30%) on items, or a lump sum discount (i.e. $15 dollars). Deals are subject to re-negotiation at any time (typically after a few months of working together), at which point you will typically get an even better discount based on performance, or you can switch to wholesale, etc. Depending on how you want to expand your business, you’ll find that partnering with multiple suppliers who carry different items is beneificial in the long term!
Some Free & Helpful Tools MoneyBay://Quick-Niche-Spreadsheet Click here to get it.
Use this to maximize your efficiency with finding a niche, and find hot repeat-purchase items that you’ll love selling!
Google Trends [Link] Click here to get it.
If you need more reassurance of which niche product you want to sell, Google Trends will do a side-by-side comparison of keywords people search for, so you’ll know which one has the biggest opportunity (ex: “Harry Potter Costume” versus “Dora the Explorer Costume” versus “Twilight Costume”). What do you know? Harry Potter won
Yellowbook or Yellowpages.com Click here to get it.
You’ll find many local small businesses in the Yellowbook not featured online, simply because many of them have no online presence whatsoever. Use it to search for small businesses in your niche (ex: “Costumes”, “Halloween”, etc).
Okay, You’re Ready to Rock! Take everything I’ve mentioned in this eBook, and be AGGRESSIVE about pursuing your dropshipping success. You’ll hear “no” and “not interested” from a lot of people and places, but just KEEP GOING and you’ll eventually land a great supplier in a very profitable niche. You can do it!
If You Want a Guaranteed Business, See My Video Course! This eBook is just a few of MANY different tactics I’ve used to become an overnight PowerSeller in college. However, my specific niche dropshipping product basically sold itself. If you are serious about creating an income-replacing dropshipping business on Ebay ASAP, I highly recommend my video course, which goes much more in depth, reveals every strategy I created, and best of all: I give away my exact dropshipping niche and teach you to duplicate it step-bystep, or identify multiple $100+ niche products in just minutes!
You’ll also get Using my Profit Tool to instantly calculate your net profit on anything How to find existing dropship suppliers online Exactly how dropshipper payments and partnerships work Winning your supplier negotiation by finding your exact discount Creating a high-converting gorgeous listing easily, and for free LIFETIME UPDATES, FREE TOOLS & SO MUCH MORE!!
IMPORTANT For this month only I’ve lowered cut the price in half EXCLUSIVELY through this eBook. The discount is limited to the first 50 people to purchase a key! Reserve Your Key by Clicking Here!
Thanks So Much for Joining Me! I’m glad to have had the opportunity to reach out to you, and hopefully help you on your way to becoming a ridiculously successful Ebay dropshipper. Honestly, the feeling of real financial security (even if you just use this as a side-income) is so rewarding. If you work super hard, and grind it out day-in-and-day-out, I KNOW you’ll make at LEAST $100 a week off your dropshipping niche. That’s quite a nice dinner to take your significant other out to The initial work is a bit lofty, but once you have a program going, you’ll be on auto-pilot—requiring about 1 hour of work a day (no more than 3). My personal email is
[email protected] if you have any questions or comments!
Wishing you all the best,
Billy Nguyen
Legal Terms If this eBook has landed in your possession, consider yourself a legal owner of the resell rights to the contents. I am the sole owner of the copyrights. Other than that, please feel to price it and distribute it as you wish! Any images used in this eBook are property of their respective owners, and used solely for reference purposes. And of course, I’m not affiliated to Ebay ;)
Disclaimer The strategies taught here are different from consignment (which is you doing all the work for someone, typically including shipping, and usually by taking commission). The point of this eBook and everything I do is to help you as best I can. But your success is up to your own drive and ingenuity, so please do not hold me responsible for “not making a million dollars”, or any other related ideas, which are purely the result of HARD WORK! In short: I hold no fiduciary liability, responsibility, or obligation to anyone using this eBook and it’s concepts in any way.
