MoneyBay - Sell Anything for Thousands on Ebay

8/2/2019 MoneyBay - Sell Anything for Thousands on Ebay

1/23


2/23

Just So You Know Im Real!This is a picture of me, Billy Nguyen, in Canada, hanging out

with one of my friends who I used to dropship fish tanks for

(thats his hand)

Read Me

Hey there! The point of this eBook is to skip all the fluff, and go straight tothe meat, so Ill keep this section brief.

I created this eBook primarily because I wanted to be able to genuinely

help people who have always wanted to learn how to REALLY dropship

(and make good money) on Ebay.

I also want to build a following behind my personal brand and expertise,

and I wanted to start by giving back to the community that made it allpossible for me!

A Brief on Who I Am

An Ebay PowerSeller for over 5 years Made my first $100,000 on Ebay while still in college (2008) Was the top Ebay seller for my specific dropshipping product Recently had one of my online businesses valued at a $200,000


3/23

I know a lot about the internet, especially about Ebay. And of all theinternet projects Ive worked on over the years, Ive loved Ebay the most. I

know it inside-and-out.

So rest assured. You are in good hands!

This is Your Opportunity to Change Your Life

No, Im not joking! I started my living online solely thanks to Ebay and I

KNOW you can too. You just have to be dedicated, know that you are truly

passionate about it, and WORK to make it.


4/23

For me this isnt fluff talk. For me this is my sincere way of reaching out to

you and telling you that it really is possible. Forget all the scams, and you

can, you might, you have a chance. Take these dead-simple tactics Ive

compiled over 5+ years of real Ebay mastership, and tell yourself youWANT it and youll GET IT.

Keep the mentality of staying sharp with my tactics, and I promise youll

make hundreds within your first week of dropshipping.


5/23

Dropshipping on Ebay

Dropshipping has always been one of the unsung heroes of Ebay. Once you

understand exactly how it works, youll realize its omnipresent in one way

or another.

Let me give you a really simple-yet-completely-overlooked example:

Dropshipping from a supplier can (and often does) have the ability to

convert to a wholesale partnership at a maximum discount, but it almost

never happens the other way around.

And despite what naysayers are preaching, dropshipping is still very alive,

and will never die, so long as you know how to source deals!

The Two Traps

There are two really dangerous traps that people fall for when they

think of dropshipping on Ebay:

1-Dropshipping popular products2-Wholesaling popular products

The first thing you need to do is forget about anything that has any buzz

around it. No videogame consoles, no iPads, no As-Seen-On-TV, etc. Just

trust me.


6/23

Long-story-short: Roughly 60% of the sellers of these products are

businesses that purchase thousands (to tens of thousands) of inventory

weekly. Another 30% are individuals just selling a single item, and 10% are

people who have been scammed into joining dropshipping

directories and make negative profit on their sales.

Now you may be thinking: Great, so what am I supposed to sell now!? The

answer is: ANYTHING.


7/23

Finding a Niche

Im being totally sincere when I say that finding a niche is actually

ridiculously easyespecially on Ebay. The main reason is because

virtually everyone going to Ebay is going there ready to purchase,

which is very different from someone going to Google or Amazon simply to

read a review. In essence: Everything sells on Ebay.

Fun Fact: Ebay made $11.7 BILLION dollars in 2011 (Source:Venturebeat)

That being said, there are two RIDICULOUSLY simply methods to use when

coming up with a niche, and they both require you to let go of your

prejudices and get downright stupid:

Strategy 1: Look at anything and everything around youSad enough to say, even the grass you stand on could have been apurchased commodity. Every pen you write with, toilet paper you use,

lamp you turn on, even the cotton swabs in your bathroom; everything is

fair game.

One of the most famous billionaires in China, began her empire by literally

collecting and reselling PAPER. I cant make this up!
http://venturebeat.com/2012/01/18/ebay-q4-earnings/http://venturebeat.com/2012/01/18/ebay-q4-earnings/http://venturebeat.com/2012/01/18/ebay-q4-earnings/http://query.nytimes.com/gst/fullpage.html?res=9C03E5DA1030F935A25752C0A9619C8B63&pagewanted=allhttp://query.nytimes.com/gst/fullpage.html?res=9C03E5DA1030F935A25752C0A9619C8B63&pagewanted=allhttp://query.nytimes.com/gst/fullpage.html?res=9C03E5DA1030F935A25752C0A9619C8B63&pagewanted=allhttp://venturebeat.com/2012/01/18/ebay-q4-earnings/


8/23

Some proof that everything around you can be sold:

(viaInc Magazine)

Open up a document, spreadsheet, or just get a piece of paper handy, and

just jot down anything, no matter how ridiculous.

Fun Fact: Ebay supplies are now one of the most profitable niches on Ebay.
http://www.inc.com/magazine/20090401/behind-the-scenes.htmlhttp://www.inc.com/magazine/20090401/behind-the-scenes.htmlhttp://www.inc.com/magazine/20090401/behind-the-scenes.htmlhttp://www.inc.com/magazine/20090401/behind-the-scenes.html


9/23

Strategy 2: Think about specific hobbies/things you or others loveAgain, super-simple, but this is my favorite method, because it will

help you quickly find the BEST SELLING items on Ebay. Its a win-win:People will keep buying what they love, and youll enjoy selling what you

have a passion for!

I actually created a quick cheat-sheet for this method as part of my $100K

Dropshipping video course, but Im happy to share it here as well

You can access here:MoneyBay://Quick-Niche-Spreadsheet

In essence, you want to jot down a big list of: (1) Hobbies or things you

love, (2) trends that are popular or in high demand, and (3) things that

seem inconceivably silly to ever have an interest in.
https://docs.google.com/spreadsheet/ccc?key=0AqZfDcuSIpA1dE5UcVZZYm5sZVhSZEdtajNrcENPa2chttps://docs.google.com/spreadsheet/ccc?key=0AqZfDcuSIpA1dE5UcVZZYm5sZVhSZEdtajNrcENPa2chttps://docs.google.com/spreadsheet/ccc?key=0AqZfDcuSIpA1dE5UcVZZYm5sZVhSZEdtajNrcENPa2chttps://docs.google.com/spreadsheet/ccc?key=0AqZfDcuSIpA1dE5UcVZZYm5sZVhSZEdtajNrcENPa2c


10/23

Afterwards, create a niche sub-category for each item. So for instance, one

of my examples above is Harry PotterCostumes.

This is an ACTUAL niche, and I didnt even have to really think about it.

There really are entire businesses built around specific types of

Halloween/special event costumes.


11/23

The main point is to K.I.S.S. (keep it simple, stupid)!You really dont

need any other strategies than these. Anything else would simply be

overthinking it.

A common mistake is immediately thinking about what might make the

most money, so we end up defaulting back to thinking about something

tough to actually compete in like Toyota Parts.

K.I.S.S.!!


12/23

Gaging Demand & Refining the Niche

Validation on Ebay is all about using Ebay Search properly.

Validating that there is an actual market for your product on Ebay is veryeasy; If you have something to sell on Ebay, there is a market for it. The

main idea is to gage the demand for the product.

For instance, I did a relevant Ebay search for the harry potter costume

niche and returned this result:

Clearly the demand is high, but it may be a little bit crowded, so from here,

you simply narrow down into an even DEEPER niche.


13/23

Again, K.I.S.S. Dont waste your time trying to think of what could be a

smaller nicheits right there in front of you!

If you look at the picture above, I pointed out the costume and

reenactment category of the sidebar. Youll see that there are less results

for this section, but it is more relevant to our target niche.

From here you can clearly see that one of the most popular sellers is Harry

Potter Robes. At this point, it is safe to say weve found an exact niche wed

like to dropship. Congratulations!


14/23

The Quickest Way to Find Suppliers

Im going to share with you one of the biggest secrets of successful

Ebay dropshippers:There is no magic bullet for landing suppliers.

Getting a supplier is all about selling yourself to EVERYONE!

That simple little secret is what has (and always will) keep the top

dropshippers on the top, andsadlyfool many people into getting

scammed by dropship membership directories which are totally

oversaturated, and dont turn a profit for anyone but the directories

themselves.

IM BEGGING YOU, DONT EVER JOIN A DROPSHIPPING DIRECTORY,OR PROGRAM.


15/23

My advice: Go back to the basics. Understand that dropshipping

directories, sourcers, etc, are all partnered with 1 or 2 major carriers of a

specific product in only a handful of catagories. Which means prices are

uncompetitive/inflexible, not to mention TENS OF THOUSANDS of suppliersare being ignored.

Strategy 1: Go for every local small businessHere is one ridiculously simple trick: Think about what local store would

carry the EXACT product you are looking for. The keyword here is LOCAL.

Think about it: Small businesses are always looking to expand their

business, but dont have the resources Also, Id say about 25% of

dropshipping programs created every year are through small

businesses that decide to open one.

Youd also be surprised how many small businesses have no idea how to

use Ebay (but they sure know how to take a payment and ship a package)!

Fun Fact: A very popular niche that does REALLY well on Ebay, and could

save a lot of small businesses from dying is antiques.


16/23

Ultimately its all about finding the businesses and negotiating with them

that you are the right companion.

What do you bring to the table for THEM?

An online presence A brand new/additional sales funnel Majority of profits without having to sell themselves 24-7 sales A way to combat the big guys (Walmart, etc)

Strategy 2: Strike a deal with an Amazon sellerAfter observing Ebay and Amazon over the last half decade, Ive realized

thatbelieve it or notthere is not a lot of cross-pollination between the


17/23

two. Meaning when people sell on one of them, 99% of the time,

theyll never sell on the other.

But again this is a big missed opportunity for people. The main reason

sellers dont usually cross pollinate is: Doing well on just ONE of these sites

takes a LOT of time and effort. And at the end of the day these sellers are

small businesses too!

Its to your mutual benefit that you can help them expand onto Ebay by

doing the sales for them, and taking profit off the top.

I did a sample search just to show you the potential:


18/23

The key point with Amazon sellers is to let them know you are not

interested at all in selling on Amazon, and you are willing to sign what is

called a non-compete clause in your contract, stating that you will not sell

on Amazon for the duration of your partnership!

How the Partnership Works

The concept of partnering with a supplier to dropship is simple. Once

youve gotten your supplier, you need to make sure you are either getting a

percentage discount (i.e. 30%) on items, or a lump sum discount (i.e. $15

dollars).

Deals are subject to re-negotiation at any time (typically after a few

months of working together), at which point you will typically get an

even better discount based on performance, or you can switch to

wholesale, etc.

Depending on how you want to expand your business, youll find that

partnering with multiple suppliers who carry different items is beneificial in

the long term!


19/23

Some Free & Helpful Tools

MoneyBay://Quick-Niche-SpreadsheetClick here to get it.

Use this to maximize your efficiency with finding a niche, and find hot

repeat-purchase items that youll love selling!

Google Trends [Link]Click here to get it.

If you need more reassurance of which niche product you want to sell,Google Trends will do a side-by-side comparison of keywords people

search for, so youll know which one has the biggest opportunity (ex: Harry

Potter Costume versus Dora the Explorer Costume versus Twilight

Costume). What do you know? Harry Potter won
https://docs.google.com/spreadsheet/ccc?key=0AqZfDcuSIpA1dE5UcVZZYm5sZVhSZEdtajNrcENPa2chttps://docs.google.com/spreadsheet/ccc?key=0AqZfDcuSIpA1dE5UcVZZYm5sZVhSZEdtajNrcENPa2chttp://www.google.com/trendshttp://www.google.com/trendshttp://www.google.com/trendshttps://docs.google.com/spreadsheet/ccc?key=0AqZfDcuSIpA1dE5UcVZZYm5sZVhSZEdtajNrcENPa2c


20/23

Yellowbook or Yellowpages.comClick here to get it.

Youll find many local small businesses in the Yellowbook not featured

online, simply because many of them have no online presence whatsoever.

Use it to search for small businesses in your niche (ex: Costumes,

Halloween, etc).

Okay, Youre Ready to Rock!

Take everything Ive mentioned in this eBook, and be AGGRESSIVE about

pursuing your dropshipping success. Youll hear no and not

interested from a lot of people and places, but just KEEP GOING andyoull eventually land a great supplier in a very profitable niche.

You can do it!
http://www.yellowpages.com/http://www.yellowpages.com/http://www.yellowpages.com/


21/23

If You Want a Guaranteed Business, See My Video Course!

This eBook is just a few of MANY different tactics Ive used to become an

overnight PowerSeller in college. However, my specific niche dropshipping

product basically sold itself.

If you are serious about creating an income-replacing dropshipping

business on Ebay ASAP, I highly recommend my video course, which goes

much more in depth, reveals every strategy I created, and best of all: I give

away my exact dropshipping niche and teach you to duplicate it step-by-

step, or identify multiple $100+ niche products in just minutes!

Youll also get Using my Profit Tool to instantly calculate your net profit on anything How to find existing dropship suppliers online Exactly how dropshipper payments and partnerships work Winning your supplier negotiation by finding your exact discount Creating a high-converting gorgeous listing easily, and for free LIFETIME UPDATES, FREE TOOLS & SO MUCH MORE!!
http://www.mymoneybay.com/


22/23

IMPORTANTFor this month only Ive lowered cut the price in half EXCLUSIVELY through this eBook. The

discount is limited to the first 50 people to purchase a key!Reserve Your Key by Clicking Here!

Thanks So Much for Joining Me!

Im glad to have had the opportunity to reach out to you, and hopefully

help you on your way to becoming a ridiculously successful Ebay

dropshipper. Honestly, the feeling of real financial security (even if you justuse this as a side-income) is so rewarding.

If you work super hard, and grind it out day-in-and-day-out, I KNOW

youll make at LEAST $100 a week off your dropshipping niche.Thats

quite a nice dinner to take your significant other out to

The initial work is a bit lofty, but once you have a program going, youll be

on auto-pilotrequiring about 1 hour of work a day (no more than 3).

My personal email [email protected] you have any questions or

comments!

Wishing you all the best,

Billy Nguyen
http://www.mymoneybay.com/http://www.mymoneybay.com/mailto:[email protected]:[email protected]:[email protected]:[email protected]://www.mymoneybay.com/


23/23

Legal Terms

If this eBook has landed in your possession, consider yourself a legal owner

of the resell rights to the contents. I am the sole owner of the copyrights.

Other than that, please feel to price it and distribute it as you wish!

Any images used in this eBook are property of their respective owners, and

used solely for reference purposes.

And of course, Im not affiliated to Ebay ;)

Disclaimer

The strategies taught here are different from consignment (which is you

doing all the work for someone, typically including shipping, and usually by

taking commission).

The point of this eBook and everything I do is to help you as best I can. But

your success is up to your own drive and ingenuity, so please do not hold

me responsible for not making a million dollars, or any other related

ideas, which are purely the result of HARD WORK!

In short: I hold no fiduciary liability, responsibility, or obligation to anyone

using this eBook and its concepts in any way.

Documents

MoneyBay - Sell Anything for Thousands on Ebay