The Shift from Facebook Marketplace to Etsy & Amazon (My Drop Shipping Journey)
The Shift from Facebook Marketplace to Etsy & Amazon (My Drop Shipping Journey)
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In the past, my work days were consumed by managing virtual assistants and running a Facebook drop shipping business. I had a team of three virtual assistants who would list products on various platforms like Facebook Marketplace, Facebook Shops, Poshmark, and Mercari. Another assistant would handle order processing, and on slower days, I would assist with order processing as well. It was a constant grind, even on weekends, but the money was great, so I stuck with it.
However, everything changed when my main Facebook account, responsible for generating $10,000 to $20,000 in monthly profit, got disabled. This setback forced me to reevaluate my approach and adapt to new circumstances. It made me realize how stressful running a Facebook drop shipping business at that level was, despite the financial success. Losing my main accounts led me to rethink my strategy and ultimately seek a more hands-off business model.
Now, my mornings start similarly as before. I set up my computers for my virtual assistants, but I've made a significant change in my hiring process. Instead of relying on higher-cost virtual assistants, I started hiring directly from onlinejobs.ph, where I can find skilled assistants for about $2.50 per hour. This cost difference allows me more flexibility to test various strategies without needing an immediate positive return on investment.
Once the computers are set up, my virtual assistants begin listing products on a range of websites, including Facebook Marketplace, Facebook Shops, Bonanza, Etsy, Mercari, Poshmark, and more. We take a volume approach and aim to hit every platform as much as possible, with some well-researched products mixed in. This approach has been working solidly for us, although we no longer achieve the same revenue numbers as during the Facebook "Wild West" days. However, our overall profitability is similar because the expenses of paying four virtual assistants $8 per hour total...are significantly lower than paying three virtual assistants $24 per hour total.
In addition to listing products, I have one virtual assistant who handles order processing and contacts wholesale suppliers for Amazon drop shipping. We take a slow and consistent approach to scale, reaching out to a few suppliers each day to ensure we can set them up quickly and effectively. We select suppliers with no minimum order quantity that also provide order fulfillment services. To identify profitable products, we use software called Scan Unlimited, which compares wholesale supplier prices to Amazon prices. This helps us determine which products are worth listing. For suppliers whose stock we can't automatically monitor, my virtual assistant manually checks the products about once a week for any changes.
After setting up the listings and completing necessary tasks, I take a break to work out. Luckily, we recently bought a house with a garage converted into a gym, saving me time and allowing me to exercise without leaving home. During my workout, I sometimes continue listing products myself, maximizing productivity. Afterward, I have breakfast while listening to informative YouTube videos in the finance, business, and drop shipping niche. YouTube has become my go-to for learning and entertainment.
Then I spend time on product research for Etsy drop shipping. I identify successful stores and provide their best designs to my graphic designer. He adds his own touch, recreating the designs with slight variations.
Lately, I've shifted my focus to Amazon and Etsy for e-commerce. These platforms require less hands-on management once the listings are set up and can be efficiently handled using software. This change significantly reduces expenses and time compared to managing Facebook drop shipping operations. I've also been able to profitably hire virtual assistants to manage other sites, making my e-commerce business more efficient and profitable.
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