Can You Still Make a Full Time Income on Facebook Marketplace in 2023?

Can You Still Make a Full Time Income on Facebook Marketplace in 2023?

Only about 3-4 months ago…it was STUPIDLY simple to make money dropshipping on Facebook Marketplace. All you had to do was copy products from amazon or ebay or Walmart….(or really any other website) and list them on facebook marketplace at a higher price…And they’d sell! Simply because the demand was so high and there was next to no competition on platform.

It was literally easier than stealing candy from a baby. Lately, everyone’s facebook sales have been down dramatically across the board. This goes for both shops and marketplace. So in today’s video I want to talk about whether or not you can STILL make a full time income selling on facebook marketplace.

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I’ve gotten so many comments lately asking if my sales are down….and I’ve gotten suggested so many videos recently on how facebook marketplace dropshipping is dead….

To be honest, I thought about making one myself…b/c that’s always an easy video title to get views on.

But instead, I wanted to make a video I thought could actually help you. And in this video we’re going to cover what you can ACTUALLY do right now to increase your sales.

Now, I have several shops and a 2 marketplace accounts currently. And the reality is…yes sales are down across the board. That’s true.

1 of my shops is still doing pretty well and the other ones have kind of tapered down to about $1,000 profit per month.

Both of my marketplace accounts are down overall too. Last month the 1 did a little over 5K profit…and the other one only did almost 3.

So to answer the question of can you still make a full time income dropshipping on facebook marketplace….the answer is unequivocally yes. I’m still doing it.

BUT…it’s not a STUPID simple as it was 4 months ago and before that.

I remember making videos on monthly profit reports where I was doing upwards of 20K that month across all accounts.

And even though I’ve made decent money and have been an Entrepreneur for years…I’ve NEVER gotten results from something that was THAT easy and been THAT successful with one simple business model.

So, yes…if you’re still SOLELY listing saturated products from popular websites on to marketplace….your sales are going to suffer. It’s that simple.

It’s NOT enough to continue banging your head against the wall with the same exact strategies that worked in the beginning.

So, here updates I’ve noticed…and strategies I’ve implemented that I attribute to keeping my sales afloat. I hope they help you.

The first thing I’ve noticed is that there’s a different way to search now.

They’ve really developed the search function on both desktop and mobile for buyers.

It used to be a hodge podge of weird filters that didn’t even work half the time when you tried to sort with them.

But now (whether you search for something specific…or just browse in a category) it’s really easy to sort through important information to find products in different ways.

For instance…
- you can set the minimum and maximum price
- whether you’re looking to pickup locally or you’re open to ordering on marketplace and getting the product shipped to you
- the date listed
- whether it’s available or sold
- what the condition of the item you’re looking for is
- and even the brand

This is all great for prospective buyers. AND it’s great for product research to see what the competition is like for products you’re about to list as a seller.

You can search for a specific type of product, sort the condition as new with shipping, and literally see what other competitors are offering and for what price.

This will tell you right off the bat whether the product you’re about to list is saturated or not….AND whether your price is probably too high.

Don’t get me wrong…price isn’t the be all end all on marketplace….BUT this is certainly relevant information.

If there’s 100 other sellers listing the same relative product for $40 cheaper….the chance you’re going to sell yours is next to 0.

Forget Amazon and eBay. Use These Suppliers Instead: https://youtu.be/HkIJ3scpwyw