I’ve spent some time recently trying to find other sources of income that I haven’t tried yet as in my opinion it’s good to have multiple different sources of income compared to just one as if one goes down you always have money coming in – “don’t put your eggs in one basket”
One that I have wanted to try for a long time was eBay dropshipping, I have an old eBay account in good standing which I turned into a business account.
The tools used in this method come with a trial, letting you test the waters and get familiar with the workflow.
Out of various eBay listing tools I prefer Hydra Lister as it comes with a lot of useful features, is fully integrated with Skugrid, and is at the right price point for me as it doesn’t come with any limitations as to how many items you can list.
You can use Hydra Lister to create Single/Batch(Bulk) listings, paste product links from various suppliers and hit launch and it does all the work for you, I listed ~1000 products on eBay in just 2 days.
These are the pricing tiers, I highly recommend trying out the 20 listing trial first (scroll down on the pricing page) and then when you make your mind up getting the Multi Suppliers Lister to list from other suppliers than just Amazon.
To pay for a non re-occurring license find this link below the pricing tiers.
This is what the main interface looks like, for some reason the sales aren’t currently tracked that’s why my graph is flat.
These are my global settings, Hydra Lister allows you to filter certain words so they don’t appear in your eBay listings. You can also choose to have VERO Protection On which basically protects you from listing items that certain brands have banned from being listed on eBay.
This is what my profit settings look like for the Single/Batch Lister, this allows me to have a $5 – $10 profit per item depending on the price of the product.
If you want to list an item all you need to do is copy the product url ( it has to be either Amazon or from the other supported suppliers) and paste it into the lister. If you’re doing a single listing you can change some of the information like title, description, price.
I use the Batch function most of the time as it’s the quickest.
Great eBay price tracker and inventory tracker, also supports Amazon.
If you’d like to give it a try it comes with a trial that lasts 7 days. (just buy the ‘test drive’ subscription which is $0.01)
Skugrid works on a credit based system and here is a table explaining how it works
I have 1763 active items on eBay, I am repricing/checking my items every 24 hours but you can choose to have them checked more frequently, I chose to do it less often to save money.
Based on my usage (10k credits a week), keeping track of around 1000 items will only cost you $15 a month (50k credits), you can also save money by buying a bigger credit package as all unused credits rollover to the next month until used up.
Over 150 different suppliers are supported which gives you a lot of room if you want to avoid Amazon.
There’s more stores below and the nice thing is that you can request Skugrid to add a store of your choice.
My 30 Day earnings – May 18th – June 18th
Number of orders – 40
Profit – $408
Final Profit – $226
Hydra Lister Setup
This video will take you through the process of connecting your eBay account with Hydra Lister
Amazon Prime Dropshipping
A part of my inventory on eBay is sourced from Amazon, I am taking advantage of the 30 day Amazon Prime trial to save money that would be spent on shipping.
Using Amazon Prime to dropship isn’t allowed, however if you don’t use One Day Shipping and instead use Standard Shipping you should be fine, I have processed 40+ orders and I haven’t been banned.
After my 30 day trial expires I simply make a new account with a new email.
eBay Promoted Listings
I’ve started using eBay’s Promoted Listings feature and as a result had a lot of sales from sponsored listings.
Once you create an advertising campaign and add products to it, you can define the percentage of the items total cost that you will pay extra when the item sells, this is a really good feature compared to for example Amazon which makes you pay per click.