TelsMummy said:
Yes, I had done my time with the other franchises and wanted to try something different..
I saw an ad on a selling site. It peaked my interest but at the same time I thought it seemed to be good to be true. Anyway the girl messaged me a video, which I watched with my husband Nathan. We were quite shocked! It actually had been something we had thought of doing but the other way round... (for those that don't know. Ds provides you with training to Drop Ship. This is sourcing items on places such as Amazon then copying the information & pictures over to eBay to sell at a profit. Once the customer buy's they pay you direct to PayPal and then you use that money to buy the item from Amazon who then ship it out for you). We had thought about buying items on sale and selling on eBay.
There was part of me that thought, well it looks simple enough why do we need the training.. So I spent the next month researching. Found good and bad reviews just like in any company. I saw that other's were doing this successfully and thought it was worth a try, even just for 1 month.
It cost's £12 a month for membership & another £6 if you wish to be an Affliate (Build a team)
I am a SAHM & a student so I spend an hour a day hense I am not earning as much as everyone else is. I joined in March and up to date have earnt £1,500 in Profit. (that is average £300 a month)
The thing I like most compared to other companies I have worked for is 1. You keep 100% of your profit - After usual eBay/PayPal fee's The £12 a month is ALL you pay & 2. The added Support via FB Groups, Live Hangouts & Masterclasses.
I am not saying it's all sweetness and light.. I have had the most awkward customers and items going AWOL... But Communication is Key. Amazon are really good at helping.
I have 100% feedback (So far) I am now eBay Top Rated & a silver Powerseller so for me It's working but I appreciate it's not everyone's cup of tea
Hi there and welcome to TMS.
Congratulations on your earnings so far - is this all profit from sales, or is some of it from "referrals"?
I have a couple of Qs about this business model (I have been aware of DS Dom for a while):
1. What happens when the Amazon item is out of stock and you need to have it supplied to the ebay purchaser?
2. Is this business model not a breach of Amazon / Ebay terms and conditions? (I know that you can't use Amazon Prime to do it)
3. Are your ebay sales auctions or do you set a price?
4. Is it obvious to the customer that the goods have come from Amazon? If so, hasn't anyone noticed and complained (I think I'd be pretty annoyed and feel very stupid)
The reason I ask about terms and conditions is that I have heard of people having their ebay seller accounts suspended / banned or getting bad feedback due to supply issues - obviously any one of these things can destroy the business in one go.
Are there really still daft people in the world that overbid / overpay on ebay without checking Amazon first!? and also they are overbidding by enough to create a profitable arbitrage situation even allowing for transaction costs?
The final thing that occurred to me when I considered the DS Domination model is that I would need to pay for public liability insurance (including legal expenses insurance). Many people don't realise that if you sell directly to members of the public in this way, you have a contract with them and are bound by the Sale of Goods Act 1979 and other Product Liability legislation. So, if the goods are supplied in a defective condition, you are primarily liable for any losses suffered. It doesn't matter whether you have directly supplied the good to the consumer and had nothing to do with creating the defective situation, you sold them and you have no defence - buyer simply has to prove that you sold the goods and that they were defective. You would have to then try to sue the person from whom you bought the goods from in the first place to recoup your losses.
Whenever I have a client that has bought defective goods I always sue the seller rather than the manufacturer or anyone else further down the line for the simple reason that it is much easier to prove a breach of contract against the seller than some sort of negligence/breach of duty on the part of the manufacturer etc.
I was also worried about the situation where Ebay found in favour of a buyer and provided a full refund and Amazon took a different view and refused to refund me? My experience of the 2 companies is that Amazon is much easier to work with as a seller whereas Ebay always sides with the buyer (even when it means that they get an undeserved free item).