Can You Really Make Profit with Giftamax Products?

Can you really make profit with Giftamax's products? Let's do a simple research we've learnt previously.

What is Giftamax's supplier cost? Check out their Reseller Price List.

By joining their reseller program, the per unit item cost is the only thing you have to pay. There's no additional handling or shipping cost. So your budget calculation is pretty easy.

For example, the cost for a Cigarette Money Case is $8.49.

Anybody selling similar products in eBay? And how much?

I can find quite a number of similar items in eBay by typing the keywords “Cigarette Money Case”, selling around $20 including shipping. Remember that Giftamax doesn't charge you any additional shipping cost? Therefore the shipping & handling you charge your customers is also your profit.

$20 - $8.49 = $11.51.

So not a bad profit margin, huh?

Of course, we still haven’t calculated the eBay & Paypal cost. In some other articles in future, we'll talk about how you should price your items after you've determined what to sell.

Since there're hundreds of items available in Giftamax. Just do a similar research on other products. If you have particular preference on certain items, you can try to do a more thorough research. Try to find out a few Powersellers on those items. You can learn a lot from them. In another article next time, we'll tell you more how other Powersellers can help your business. Don't treat them as enemies. The more Powersellers you can find who are selling similar products, the bigger the demand you can expect. The eBay marketplace is just so huge. As long as you remain your uniqueness in your product designs, you'll definitely sustain well.

One more thing to remind you about Giftamax. If you're really interested to join their reseller program and utilize their drop shipping service, you'll need to pay for their membership fee. The reason they charge for a membership fee is to ensure that they're working with serious sellers instead of just an end customer ordering 1 or 2 pieces only. Also, the membership fee will be used for the maintenance of their equipments and online customization system. When I'm writing this article, their membership scheme is free trial for the first 30 days, then $19.95 per month. To be honest, I don't think it's a very big money to invest. And I do think the free trial period is quite enough for an evaluation. So if you treat it as a real business, just include it in your budget calculation.

Now you know there're hundreds of items you can sell after linking up with Giftamax. But what kind of images should you use to customize your items? How can you know what kind of styles can sell?

Before we move on to talk about the images in the next article, let me remind you one required skill you should have, i.e. you need to have certain skills in image editing. Learn it yourself or find someone to help. When we move on to the next article, I'll assume you can follow with the required skills.