Selling on eBay

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I just read an article from auctiva that confirmed something I suspected which is that an average of 40 percent of eBay items sell. That's just the average. In y research, I have found some people sell as high as 70 percent and some as low as 10 percent. Years ago before the new stuff was sold on eBay, I would get as high as 70 percent on items I found at yard sales/auctions. But no more. I'm down to about 25 percent. A friend who used to make thousands every week is struggling to get by now I've been reading several articles that seem to indicate that the old eBay is gone and to quit crying about it. eBay is going e-commerce. If you have a big enough storage area; you business papers all in order and lots of cash to invest, you can buy from wholesalers (true wholesalers and not middlemen.) Now storage can be solved and business papers are easy enough to come by. But, having the cash or finances for huge investments for stock that is required by the true wholesalers in order to buy from them can be problematic for some people. An alternative is dropshipping. You see ads all over the internet for dropshippers. From my research it appears most of these are wholesalers who also dropship for a higher fee. There is really no such thing as a "dropshipper." The problem here is that the price you pay these so called dropshippers is more than what is being sold on eBay and what profits you do make gets eaten up in eBay/Paypal fees. Via eBay's completed auctions, I checked a few sellers of wholesale items and compared their sales vs esitmated seller fees and they are about breaking even. I found items from one "dropshipper" and searched eBay to find sellers that appeared to be selling from that particular "dropshipper" for my comparison. What I would like to know is, has anybody out there had personal success in dropshipping? What kinds of experiences have you had with dropshipping.