The teenager, who previously worked at McDonald’s, now enjoys designer clothes, international travel and the best restaurants thanks to selling “trendy” products on eBay.
Olivia Percaco of Melbourne opened an eBay e-commerce store in 2020 before Covid hit Australia, but said the online business “took off” in mid-2021.
The 18-year-old told the Daily Mail Australia that she uses the dropshipping business model, which involves delivering products from the manufacturer directly to the customer, while the retailer never sees this.
She claims to have given birth to more than $ 500,000 in just two years – including $ 50,000 in just one month – tracking social media to see products in high demand.
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Olivia Percaco (pictured) launched an eBay store in 2020 before Covid hit Australia, but said the online business “took off” in mid-2021
In just one month, she handed out a staggering $ 50,000 selling “trendy” products that changed her lifestyle.
In her spare time during Covid’s first closing in Melbourne, Olivia taught herself “everything she knows” about dropshipping by watching videos on YouTube.
Prior to launching her online store, she worked at McDonald’s and was “completely shattered”.
“I hated working (at McDonald’s), it wasn’t fun, so I searched Google for ways to make money online and came across dropshipping,” she said.
Noticing that others were making money fast, she felt motivated to create her own online store.
She first tried Shopify’s popular e-commerce platform, but wasn’t happy with the sales she was making and turned to eBay.
Olivia does not limit its business to one niche and sells products from different categories.
Some of the products she sells include coffee machines, tables, handicrafts, garden items, mouse pads, phone cases and household items.
Last year, Olivia’s best-selling product was a plush octopus toy that could be seen all over TikTok, and this year the Starbucks coffee machine is the number one bestseller.
The key to selling using the dropshipping method is to research the popularity and demand of the product, study competitors, and then determine whether to add inventory to your own store.
Olivia does not limit its business to one niche and sells products from different categories. At the moment, one of the most popular products sold on the Internet is a Starbucks coffee machine (pictured right).
“At first, a lot of time is spent researching products – I’m looking at what’s on trend at TikTok, looking for hashtags,” she said.
“On eBay, I can list 40 items at a time and not be limited to one niche.”
Having decided on the product, she finds a supplier who is usually based in Australia to reduce delivery time.
Olivia never sees any stocks as they are sent directly to the client.
She chose eBay as the platform because she is reliable and has a huge number of customers from all over the world.
Today, Olivia can support herself full-time by funding her luxurious lifestyle, which she can boast of at TikTok.
She buys designer handbags, travels abroad in business class and visits chic restaurants.
In the future, she hopes to turn what she has learned through dropshipping to create another lucrative branding business and possibly study marketing at university.
Today, Olivia can support herself full-time by funding her luxurious lifestyle, which she boasts at TikTok
Asked if anyone could learn to do dropshipping on their own, Olivia answered “absolutely”.
“It’s very simple, but you need to be persistent – you won’t see results right away, but it shouldn’t stop you if you really want to,” she said.
“You need a tunnel vision and have a motivator, otherwise it’s easy to lose sight of what you want to achieve.
“Two years ago, I never thought I could afford to stay in good hotels and fly around Australia, it opened my eyes to what is possible.”
WHAT IS DROPSHPIPPING?
Dropshipping is a way of fulfilling orders that does not require the company to keep products in stock
Instead, the store sells the goods and passes the sales order to a third-party supplier, who then sends the order to the customer.
However, contrary to popular belief, dropshipping is not a scheme of rapid enrichment
Source: Big Commerce