How to start Dropshipping (for $0.00) in 2020

in this video I'm going to teach you how you can start an eBay dropshipping business for $0 hey I'm Paul and I'm committed to teaching you the exact strategies I use to create multiple six-figure businesses on eBay and Amazon these are the same methods that changed my life and I'm here to show you how they can change yours as well so if

you're not familiar with what dropshipping is it is a really simple business model where you're going to sell items on a website let's say eBay or Amazon and you can sell them without actually housing owning or having those items in stock once the item sells you then purchase it from another retail website and have it shipped directly to your customers so you never handle any inventory and you never have to buy the inventory upfront which means that you don't have to guess whether items are going to sell you don't have to worry about fluctuations in market demands because you don't actually own the item so there's very little risk getting started I'm going to show you how you can get started drop shipping on ebay for absolutely no money so the first thing you'll need of course is an eBay

account and you can get that over at eBay calm now when you sign up you'll get the choice of signing up for a few different plans that eBay has and the cheapest plan is five dollars a month but you can actually sign up for no plan at all it's completely free and with that free plan you're obviously not paying a monthly fee and they're going to give you fifty listings a month for free so after fifty they're going to start charging you for every single item you list up for sale but for those first 50 it's a hundred percent free so that gives you enough room to at least get started and get the momentum going fifty is a lot that's a lot for you to learn with so right away eBay No Fee right there to get started

zero dollars for eBay now the other thing you'll need at least for right now is PayPal as of the making of this video when you sell things on eBay you want to make sure you have a PayPal account because that's how your customers are going to pay you in the future eBay is getting rid of PayPal but for now it exists now luckily PayPal is complete we free to set up so there are no fees they're both eBay and PayPal will take a fee from you once the item sells but that's only after the item sells and you're going to mark it up enough to make sure that you cover both eBay and PayPal fees so still right now the cost of getting started is $0 and we're going to come back to PayPal in a second but let me talk to you about some other things that I really think you need to run a successful ebay drop shipping business so like I said before what

we're doing is we are selling items on eBay that we don't have in stock and that exists on other retailers websites so let me show you an example here on Home Depot let's say that this is an item this is a bad example actually let's say that this is an item that you wanted to sell on to eBay right here so you get this item you copy everything all the photos the description maybe you make the title a little better and you list them up for sale on eBay now what if the price changes on eBay like I said we're going to mark up this price this is seven dollars and ninety seven cents we're going to mark it up enough to cover our eBay fees to cover our PayPal fees and some more on top of that so that we can make a profit when this item sells but what if the price changes or what if the item goes out of stock you don't want to sell it at that price if

it suddenly doubled in price and that's where skew grid comes in skew grid is a software that will automatically reprice the items for you on eBay if the price changes on your suppliers website so once you list the item up and in put the information into SKU grid then if the price changes on Home Depot that item goes out of stock on Home Depot then it will make sure that all of those changes are made automatically on eBay for you and the great thing about skew grid is that if you use the link underneath my video then you get a seven day free trial of SKU array and after that the cost of it is only as of the making of this video $15 a month which is very affordable considering how much time is going to save you but at least for a little bit the cost of getting started with skew grit is just zero dollars now that's all you need to get started right there that's the bare minimum and really that's going to be enough for you moving forward to at least get started with this and you see people using these exact strategies so here's a drop shipper on eBay you see all these items they're selling you see that they've at least sold these items this means that they've sold it that they've sold this one twelve times this one seven times this one sold at least once this one sold forty times these are items that they don't have in stock like I said they're coming from other websites once someone purchases them here this person then goes on that other website orders it and has it shipped directly to the customer they're marking it up enough to cover all the fees and to make a profit and so that's the basic business model right there and the best way to find the best items to actually sell yourself is come in here find other drop shippers like this person find this item and reverse-engineer it see where they're getting this item from and sell that same item yourself on eBay once you list it up again SKU grid is going to take care of all the repricing for you automatically now I have a bonus here for you as well and I have an extra special bonus at the end so make sure to stick around for that one but here's the

bonus I have for you this is a software called Zeke analytics will actually help you do that product research so you don't have to go on to ebay manually Zeke analytics will help you speed up that process quite a bit and I have a link underneath this video for a I think it's a $1 trial of Zeke analytics so if you want to try that for a week for just $1 you can go ahead and do that you definitely don't need this when you get started but once you start picking up momentum you do want to use the catalytics I highly recommend it I'll also link up above a video I made about Zika analytics and how I use it from my ebay drop shipping business to find the best products to dropship onto eBay the other thing I want to say

because I know people are going to have questions about this is with pay pal because when you first start selling on PayPal wants to make sure that you're not a scammer so when you sell an item PayPal is going to hold that money and they're going to hold it until you have a tracking number uploaded and the tracking number shows that the item has been delivered a couple days later PayPal will then release that money to you they do that for about three months and then they stop holding your money but during that time period how do you order the item from your suppliers website once it sells on ebay if PayPal's holding your money people call this PayPal jail and the way you do that is if you have a credit card then someone buys the item from you on eBay you use your credit card to buy it let's say on Home Depot and you have the item shipped to the customer then PayPal releases the money to you use that to pay your eBay fees your paypal fees and to pay off your credit card and you keep the rest as profit so that's as simple as it is don't overcomplicate the fact that PayPal is holding your money and the

final resource I have for you here is my free eBay dropshipping course I'll have that linked up below that would be the first link in the description of this video this will show you more in depth everything we covered in this video I will show you how to do the product research for in for instance really in-depth how to do that it's completely free that course so just click down below click enroll for free sign up and check out the course for yourself because it's going to show you everything you need to get started so let's recap here signing up for eBay zero dollars $50 signing up for PayPal zero sign me up for SKU grid at least for a short time zero dollars and then very cheap after that product research you can do for free or you can pay for a small trial with Zika analytics for just $1 use a credit card you have or get a free credit card zero dollars and my free eBay dropshipping course zero dollars so that's how you can get started drop shipping on ebay with no money if you guys liked this video make sure to give it a thumbs up if you loved it and want more tips and tricks for ebay and amazon drop shipping make sure to subscribe to the channel check out my free eBay dropshipping course and I'll see you in the next video