[Sg] - EDMWers discuss doing dropshipping in Sg to earn as an extra line of income

[UltimaOnline]

MoeLanYong :​

mskate88 said:
How much profit do you get each month bro?

Not much. About $1k. Not bad for zero work done. I just call my supplier to send there every few months. One phone call. Thats all the work.

The thing about ecommerce is it takes time to build. Would you buy a product with 3 Five star reviews?

Or would you buy a product with 3,485 Five star reviews?

Of course the latter. So it takes time to collect 5 star ratings and reviews. I just started less than a year. So not many 5 stars reviews yet.

Amazon USA reaches out to 330m Americans. Americans live and breathe Amazon. It is their version of Shopee.

Bec of the sheer size of the US market, it is common to find products that sell 50,000 units a month.

Even if you make only US$1 per unit, guess how much you earn a month?



https://forums.fuckwarezone.com.sg/threads/wah-lau-eh-i-trying-to-do-dropshipping.6748754/

 

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katenash​

Senior Member​

JoinedJul 14, 2020Messages1,380Reaction score716

• Yesterday at 9:58 AM
• #77

PikaManiac said:
So chiu mean to say...

1. Like I go Amazon register FBA
2. I go aliexpress or something buy some stock
3. Send to Amazon, and list my products
4. Wait to collect $$$

That's all?
Click to expand...

Amazon is not an easy business. You don’t buy from Aliexpress. You buy from Alibaba. You don’t just send to Amazon and list your products.

There are lots of groundwork to be done before you even start buying from Alibaba. You need to know how to find reliable suppliers who don’t run away with your money. You need to get samples from different suppliers, nego price and quality with them. You need an inspection company to help you check goods before sending them off.

Before you get your product confirmed, you need to subscribe to helium10 to help you check out the demand, but millions of other sellers are also using the same software.

You need to create Amazon account with a monthly subscription fee for a decent amount of goods to be sent in.

You need to get professional photography and possibly videography done for your listing.

You need a good copywriter to do up your listing nicely.

You need to learn or pay someone to help you look into the keywords to create your title and listing so that your ppc (pay per click) will be effective.

PPC is the killer for most of us. One day you burn at least usd50 for the first few weeks to see which keywords to target. Some people burn usd 100-200 per day for a few weeks.

Sometimes it works. Sometimes it doesn’t l. The top sellers burn usd 500 per day on PPC. To them it is worth it because they become the top sellers. The question is: do you have so much to burn and tong first?

Usd50 per day for PPC is nothing on Amazon. But to most of us, you become discouraged when you see your money going out without a sale coming in. And after all these costs, you are lucky if you even break even. The experts tell you to expect yourself to make losses on your first shipment. They tell you it takes time. Yes, but most people give up after 3 to 6 months of losses because you are talking about a few thousand dollars worth of money going out every month. I could chalk up $7k of credit card bill in one month for my restock and ppc.

Amazon is not an easy business. It’s highly More than 90% of sellers fail. It’s not uncommon to lose $30k-$50k before you decide to cut your losses. And even then, if your products are not selling, you still have to pay Amazon to dispose of them. Everything about Amazon is money. The word FBA means Fulfilled By Amazon, but they charge you for storage, delivery, customer returns/damages, basically everything.

Unless you have lots of money to burn, don’t do Amazon.


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MoeLanYong​

Master Member​

JoinedJul 17, 2019Messages4,774Reaction score2,073

• Yesterday at 10:23 AM
• #93

Hiling care said:
For those who do amazon, just wondering what's the return rate like?

I heard ang moh customers like to anyhow to returns and refund.

I think i get 2-3 returns a month. Maybe about 5% return rate?

Ya amdk anyhow return. And Amazon is freaking pro customer.

Have to budget for such returns. Not overwhelming.

Heres a funny bit. I even caught Amazon employees stealing my product.

I am like wtf.

Reached out to several amazon executives to complain. No action.

In the end wrote to Jeff Bezos (out of desperation).

He actually replied!

Probably his secretary ba. Received my complaint and still no action. Really wtf


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MoeLanYong​

Master Member​

JoinedJul 17, 2019Messages4,774Reaction score2,073

• Yesterday at 11:31 AM
• #103

RuggedMan said:
Looks like you are not a pro in dropshipping.
Partially ur correct and wrong. Mostly people still use Aliexpress for dropshipping. And the shipping times can be longer than 1 month. But... recent years there are are other alternative besides the Ali E. Their shipping times can be compare to Amazon. Because their warehouse is located in the US. So, it is not necessary to start off at Amazon platform. And some of this fulfillman companies do provide special packaging , white labeling services.
Don't ask me what are the companies. Google it yourself...

Btw amazon has got storage fees if by certain period your goods still is unsold. Those who just start off do take note.

Yes yes u pro. Find me a US fulfilment centre faster and cheaper than Amazon and I will find you a man richer than Jeff Bezos?

I will break it down for you. Find me a company with more warehouses in the US than Amazon.

When a customer in Colorado wants an item and your warehouse is in NY, guess who will deliver faster?

Since u pro, tell me. Do you know how many fulfillment centres Amazon has in each state and how many its nearest competitor has?

Sometimes if u dun open mouth, people won't know you stupid ya?


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Hiling care​

Arch-Supremacy Member​

JoinedSep 27, 2011Messages13,716Reaction score5,813

• Yesterday at 1:02 PM
• #112

katenash said:
That’s because Amazon allows them to return for ANY reason, even after they have damaged it. We always thought Chinese are cheapos. Wait till you do Amazon, then you realise the biggest cheapos are the Ang mohs. A seller who sells wedding stuff said some buyers return the wedding decor they buy after their wedding was over. She knew they had used them because her ornaments required certain thing to be removed before they could be used.

Some products are returned after months of usage and ‘damaged’ is cited as the reason. You still have to absorb all these returns and damages and disposal fees.

Yes I joined some fb groups and I often see ang mohs anyhow return the products even though its user problem or they just get bored of it and dont want to pay.

I literally saw one ang moh who bought a 3d printer and dunno how to use and the print failed, and he just returned to amazon with a full refund wtf.

I think in western countries consumer laws are too powerful so people cheat the system. There are even reddit subs that teach u how to cheat.


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kamsani0​

Senior Member​

JoinedMar 9, 2002Messages1,815Reaction score638

• Yesterday at 6:06 PM
• #118

katenash said:
Different strokes for different folks. $30 per image kind of photography also can use? That’s for you.

Fiverr is full of self-advertised ‘experts’ and ‘talents’ who need you to hand-hold them how to do and what to do. People say “It’s a website that have people who take money but don’t know how to do work”.

My listings, photography and videography are only done by Americans who know what Amazon is all about because I wanted to give it my best shot to prove that Amazon either works or is dead.

I didn’t want to put it out here but since you are so arrogant despite your small budget, I don’t think you are credible at all. Sell a few units a day can stay on first page? For one remote keyword? Do you even know what PPC is about? You don’t seem to mention this at all when PPC is the biggest topic among any sellers and it’s the biggest cost that causes sellers to bleed. How much do you spend on PPC per day?

I don’t dump $30k on stocks. That’s your own assumption. Look who’s all theory no practical? You don’t seem to know what are the costs in Amazon. I don’t have any friends who order 50 units by 50 units. The inspection and shipping would have kill all your profits - if you have any at all.

Anybody who has sold on Amazon before would know it’s not cheap or easy, and it requires a lot of money to sell beyond the testing period. 50 units? I don’t know what you are selling. Given that you are just one year in, maybe you are still at the testing stage and enjoying the honeymoon period, so you think it’s easy.

The only ones who say Amazon is easy are either those who have made their pile and exited or those million-dollar sellers at the top of page 1 for many keywords. You definitely don’t sound like one at all.

It is called highfalutin hogwash!

I chose to ignore the 4million dollar man when I sense he’s speaking out of his a55!


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