How Dropshipping on eBay Changed My Life | Interview with A Successful eBay Dropshipper

Find out how dropshipping on eBay changed my life!
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In todays video, we will be interviewing an experienced eBay dropshipper who went from 0 to $5000 profit a month, dropshipping on eBay in 8 short months!
From there, he scaled to 9 eBay dropshipping stores and founded ZIK Analytics
The person we are interviewing today is none other than ZIK Analytics founder, Nahar Geva

Links mentioned in video
eBay Product Research Guide https://www.youtube.com/watch?v=f1pIKlfDGsk
Take Your Store to $1000 a day https://www.youtube.com/watch?v=vr6vbNv14jgsa


Video Overview
0:00 Intro
1:00 Nahars Back Story
1:40 What is the first product Nahar sold on eBay
4:02 What was the highest profit Nahar made on 1 product
7:47 What was the learning curve
11:18 When did Nahar realise the potential about ebay dropshipping
12:50 What is the first step to getting started
14:35 What are the main risks for dropshipping
20:12 When is a good time to start dropshipping on eBay
21:10 Is Drop shipping on eBay too competitive?
25:15 How to find products to sell on eBay
30:40 How much money do you need to get started dropshipping on ebay
32:45 Tips for people getting started
35:10 Tips for sellers looking to take it to the next level


The first product Nahar sold one Bay is a cellphone, and he made his first sale in a few hours.
The product sold 4x in 24 hours. The first 3 products sold, and Nahar was able to ship it from Amazon. When he went to purchase and ship product number 4, he found that it was not able to do it because of limits on Amazon. From here, he was able to understand the principles of supply and demand.

When Nahar started, he did product research he called “crazy product research” where he did research without a limiting belief frame. He came across inflatable water parks for around $1200. He went to Amazon, and looked for similar products with a cheaper price, and was able to find one that was around $300 on Amazon. From there, that single sale was around $800 in profit!

The learning curve is important to understand what to expect. Nahar goes through the entire process, and how long it can take to get traction with this method. Further, he gives you some advice as to how to not be too hard with yourself if your goals aren't tracking, but gives you a soft benchmark as to what you can achieve at various timeframes of doing this method.

Next, Nahar shares the steps to get started.
He shares, how to set your mindset to get this process right and mentions that you need t commit on the process completely.

Nahar shares about the types of risks we face in life. We could be risking our money or time. If we do any new business, you are again risking money and time.
With eBay dropshipping, we aren't risking money because we don't hold our own stock. We are however paying with our time to get the process right.

A great time to start, is right now!
Otherwise, starting in Q4 makes a lot of sense, because the demand is always stronger in this time.

The process isn't too competitive at the moment, because competition in this method is great! It is good because you can use competitors to learn from to see what is working.
In this day and age, there are a lot of sellers out there with no education, as well as a lot of experienced drop shippers.
The thing is, there are more and more buyers online, so you are always getting more demand.

Nahar shares how to find products to sell. The method he mentions that will give you the best results, is to find the great drop shippers who are using the same supplier as you. Start a database, of the profitable sellers and continuously look at their products to see what is selling and where to make the money.

How much money do we need to get started dropshipping on eBay?
You can start manually, so your only investment is your time as you don't have any costs in inventory.
If you want to do this completely right, you need to at least have some tools to help you along the way. You can do this with $45 to software, and $55 to cashflow to manage orders while funds clear.

IF you are a new seller, then focus on your education and if you are an experienced seller looking to scale, it is important to have a plan!

#dropshipping
#eBay