Easy Money For Newbies

ericplotz1

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Let me say before I begin this thread, although I have seen people take this method and turn it into a million dollars, doesn't mean I do. I choose to use it as a "side" method. Brings me in a couple hundred every month. This method is completely scalable.

You basically drop ship from Amazon to Ebay. That's it.

IMPORTANT:

The first part of this method in the "Preparation" section is not necessarily needed. You can definitely use this method without setting up your eBay and PayPal accounts like this. I set up multiple eBay accounts because eBay can be tricky with their rules and its better to safe guard your tactics. So I use my personal account to sell only items I know are 100% safe. I use the other accounts to try out products and "risky" items. Like stun guns, adult stuff, etc... AGAIN I SAY, THE "PREPARATION PART IS NOT NECESSARY but you will see how multiple accounts can earn you much more income.

Here is what to do.

Preparation

1. Get a VPN software to hide your IP. (It's easy, I'm not going to explain it) There are free ones but I pay for HMA

2. While setting up any accounts on ebay or pay pal make sure you are using the VPN. You will not use the VPN or your new computer username when accessing Amazon.

3. Create a new username on your computer and only use it to access your ebay and paypal account or any other accounts associated with this process, with the VPN. When done with paypal, ebay, etc... log out and use your regular user name.

4. Create an email account at microsoft. I use out look because I was instructed to do so. Don't really know if there is a reason why or not.

5. Make up a name for yourself. Then find a house for sale on a realty site in any city you want to say your name you chose is living at.

6. Get a phone number set up in the city you pick. I use a store that sells "burners" and I use them to avoid digital foot prints. I heard there is an app you can download that will give you temporary numbers as well.

7. Then setup a Virtual Credit Card with the name and address you chose. You can find some on the web. Havent had to do this in a while and my source is no longer around.

8. Create a new ebay and a new paypal account with the chosen name, address, and Virtual credit card

9. Connect your eBay to Paypal and verify with the virtual credit card

10. Get a brand new bank account with your BIRTH name and add this to the PayPal account you created. They will only see the routing and account #'s and not the name on the bank account. To verify this account paypal will make two deposits and you will have to enter the total $ into paypal.

So that was the first part of it. Preparation is key to success with anything :D

Now let's make some money!

1. Create you amazon account with real name and banking info or use an already existing account you have. Doesn't really matter you will only need this to buy and ship from.

2. Finding a product on Amazon. Go to the "Frequently Gifted" or "what others gifted" section (can't remember what it's called exactly) of Amazon. Main thing to be concerned with is that the product needs to have the gift option available to avoid an invoice with the price being shown. Product research and seasonal markets are key here. For instance emerald birth stone jewelry does extremely well during March, April, and May. You have mothers day in May and the gem stone is emerald for that month. (Next may Im gonna have a buncha competition now lol) This is the key to success. Being smart with marketing. Understanding how to analyze your market and your competition is important. It's really as simple as comparing prices, search results, and demand. High then Ebay prices on Amazon = No Good | A ton of search results = No good | No demand = No good | Low competitor prices = No Good

3. When finding the product, think "out of the box" for long term items you plan to sell, and "in the box" for seasonal items.

4. Do a keyword analysis on the product. Don't pay attention to whether the competition is high or low. You'll be selling on Ebay so your competition is Amazon. Anyway, when doing the keyword analysis make sure your CPC and Monthly searches is through the roof. This will guarantee success in combination with a half decent product research.

5. After picking a product from Amazon, compare to the prices on Ebay. THis is the hard part. Find a product that has atleast a $10 margin on a product you are going to sell for $40-$50. Be conscious of your fees and percentages. Don't be a dummy o_O Although this is somewhat of a tedious process if you stay with it, you can earn big $$. Once you post the product, its there forever, just set it to auto repost.

Now your products are posted and you've made your first sale.

1. Copy and paste the buyers mailing info in text doc.

2. Go to Amazon and make the purchase. MAKE SURE YOU TICK THE "Is this item a gift" OPTION! YOU HAVE TO SEND IT AS A GIFT TO AVOIDE THE PRICE YOU SPENT BEING SENT ON THE INVOICE.

3. Paste the buyers info in the address fields.

4. Wait to get your money in PayPal. Your added bank account can receive the money and you can get your cash.

Cheers :DD:

***EDIT: Forgot to add this, your product WILL be shipped in an Amazon box. To get around any suspicion, just explain in your product description that, sometime your inventory becomes low and you have to ship from your inventory at Amazon.

I also send it in the message on the invoice from Amazon.
 
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hipcat

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I'm curious about point #10, as the Paypal I had in my own name got banned years ago for something stupid and I've never been able to create a new one in my name because it's blacklisted in their database. So, I created a new one in my gf's name and wanted to add my own bank account to it, but was told I couldn't because my name on the bank account doesn't match the PP account name.

So, you're saying I could add my bank account because the names don't have to match up when they deposit funds? Are you sure???
 
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