Is anyone importing/selling/dropshipping products on Amazon as a side hustle?
- Thread starter HonantheBarbarian
- Start date
How are things working?
I see already too many people doing the dropshipping or amazon fba. Also a lot of new courses for thousands of euros (not going to buy any).
Guess it's tough starting now, but I am sure if done properly there could be still something to gain.
Anyways the risk is very minimal compared to opening other kind of businesses. At most I could risk 10.000 euros. Even if I would lose it I think it would be worth trying and figuring out other jobs.
I have a cousine who works in China. I could think about learning chinese and being an intermediator between english/italian business and suppliers. Could build a business around that.
I see already too many people doing the dropshipping or amazon fba. Also a lot of new courses for thousands of euros (not going to buy any).
Guess it's tough starting now, but I am sure if done properly there could be still something to gain.
Anyways the risk is very minimal compared to opening other kind of businesses. At most I could risk 10.000 euros. Even if I would lose it I think it would be worth trying and figuring out other jobs.
I have a cousine who works in China. I could think about learning chinese and being an intermediator between english/italian business and suppliers. Could build a business around that.
flaghunter
Sparrow
Great thread, been listening to TAS podcast the past few days (now called Rock Your Brand) so can try to summarise 10 hours or so of them if there is still interest?
Is there an updated thread here (or even useful blog post elsewhere) more related to the current market climate?
How does one sell a product not attached to their name or business?
On this subject - how does one deal with taxes when selling on Amazon?
Is there a threshold a seller must reach before having to deal with them?
Is there an updated thread here (or even useful blog post elsewhere) more related to the current market climate?
How does one sell a product not attached to their name or business?
On this subject - how does one deal with taxes when selling on Amazon?
Is there a threshold a seller must reach before having to deal with them?
aleenamishal
Chicken
I think Global Shopaholics is much more efficient and affordable; they also have a free membership. You can ship through them from the United States.
aleenamishal
Chicken
Don't use parcel monkey services. They are scammers, get the professional package forwarding service get in touch with Global Shopaholics.
Just tried to sell a few things on ebay. I've had an account for probably 15 years but ran in to some problems trying to list an item for sale. They have a new policy as of January 2022.
They first wanted me to confirm my phone # with a text message.
That troubled me, but I found an online SMS verification tool that worked for that.
Then they wanted my date of birth and Social Security number.
That didn't seem like a good idea at all.
I figured I would just give them some random numbers and then close my account for good after the sale.
But in the final step they asked for my BANK ACCOUNT number. You cannot use paypal anymore (as bad as that was, still preferable to giving ebay my bank account). No way around that one.
Wow, what a horrible, crappy police state this society has come.
You can't even sell a few odds and ends around the house for an extra few dollars without giving all your private information.
Oh, and not only do they charge sales tax to buyers for used items that were already taxed, but they are also going to tax the *seller* for the *same transactions* and hit them up with income tax at the end of the year.
What a racket!
Is Amazon an option for selling used but working computer and electronics items?
It looked like I had to pay a fee to become a seller there, and I'm not sure used items are allowed.
They first wanted me to confirm my phone # with a text message.
That troubled me, but I found an online SMS verification tool that worked for that.
Then they wanted my date of birth and Social Security number.
That didn't seem like a good idea at all.
I figured I would just give them some random numbers and then close my account for good after the sale.
But in the final step they asked for my BANK ACCOUNT number. You cannot use paypal anymore (as bad as that was, still preferable to giving ebay my bank account). No way around that one.
Wow, what a horrible, crappy police state this society has come.
You can't even sell a few odds and ends around the house for an extra few dollars without giving all your private information.
Oh, and not only do they charge sales tax to buyers for used items that were already taxed, but they are also going to tax the *seller* for the *same transactions* and hit them up with income tax at the end of the year.
What a racket!
Is Amazon an option for selling used but working computer and electronics items?
It looked like I had to pay a fee to become a seller there, and I'm not sure used items are allowed.