How Do Dropshippers Compete?

[needfulthingsdiscountemporium]

We dropship using various internet sources. We provide exceptional customer service and the lowest price possible to make a small profit after fees. How is it that most items we try to sell are selling for the same price as the lowest price we can find on the internet. "hypothetical ie": specific model of coffee table found for $50.00 on Amazon, Overstock and Wayfair. Selling on eBay by several sellers for $50.00 or less..... ???? How do they do that? In order for us to sell these items, we would have to charge $52.00 to break even... and that is only if our vendor doesn't charge sales tax and shipping. So how do so many sellers get the same pricing as the major vendors?

[thatsallfolks]

---

@annabelles-attic wrote:
Someone once said charge three to five times your price you paid including fees. I usually go four times. Works for me. Sometimes I get much more. Just depends on the item. I could never survive or make it worthwhile with a small profit.

---

I'll buy something that I might sell as low as 2x, if I know it will sell quickly and if my cut is a decent amount (e.g. total cost including fees is $50, sells for $100). I've gone as high as 220x.