Full Home Depot webinar:
1. What it Home Depot?
Home Depot is an American supplier which supplies home constructions and tools products.
Home Depot has many different advantages over other similar suppliers. In this article, we will share with you all of these advantages and how you can use them for your eBay dropshipping business.
2. Free Delivery of over 1 million products
Home Depot is the same as amazon offers free two days delivery for many different products.
Home Depot offers Free Delivery for products that are over 45 dollars.
You can not split orders. You can’t send two different products to two separate addresses and calculate them together as one $45 order. It was possible in the past, but now they changed their policies.
If you are using AutoDS, you can configure the monitor to calculate the shipping price for you.
To do that, you need to go to the monitors’ page and then click on the Home Depot settings tab. Then click the include shipping price, and that’s all.
This way AutoDS will start adding the shipping price to the product’s price for products that are less than $45.
Now, let us take a look over the policies on eBay which you need to create when you work with home depot.
3. Home Depot’s Policies:
1) Return Policy
Returns in Home Depot are less comfortable than in Amazon because you need to configure it in a way that the buyer is the one responsible for the return shipping costs.
Home Depot will charge you for the return shipping if the problem is yours.
In other words, if it is not a mistake of Home Depot, you will pay for the return shipping cost.
But if your buyers received a damaged item, in this case, Home Depot will pay for the shipping.
To do that, you need to set your return policy like this:
This way, if the product got damaged during transit, the buyer will be responsible for return fees, while Home Depot will still pay for the return. So we can offer the buyer a free return.
You need to know that Home Depot customer support is outstanding so you can contact them to solve any issue.
2) Shipping Policy
What we recommend you to put in the shipping policy settings is the standard shipping option (1 to 5 business days).
For the Handling times, 2 or 3 days will be enough.
Also, don’t forget to use Hipshipper because using Home Depot you can also send to Hipshipper and work with international customers.
4. Home Depot Brands Products
Home Depot has a lot of exclusive products, unique products because they have their brands and partnerships with some other brands.
The good thing here is that Home Depot gives you a guarantee that they will be the cheapest. If you find another supplier with a lower price for any of their products, they will compare the price for you.
5. Price Match Policy
Another great and fantastic thing is that Home Depot has a price match policy.
If you already purchased something and you find it cheaper elsewhere within 30 – 60 days after you made your purchase, you can contact Home Depot, and they will issue you a partial refund for the difference.
For example, if you bought a product for $100 and then the product went for sale for $40 within 30 days you will get $60 back.
All that you need to do is to send them an email or create a chat with them, and then you will get the money back.
You can even use AutoDS for this, to do that, you have to go to your orders page on AutoDS and then click on Export Button.
With this, AutoDS will create an export file that contains all of your orders with the current selling price and the price you paid when you purchased the item.
It means that in this report you will see all of the price differences and then you can contact Home Depot and get your money back.
6. Home Depot Breakeven Calculation
For Home Depot, it is the same as Amazon: eBay fees, PayPal fees, and Home Depot taxes.
We recommend you to set your tax percentage as 5% from your breakeven. It is the average.
If your eBay fees are 9.15% plus PayPal is around 4% (it depends on your country), so it’s 13.15 plus approximately 5% for the taxes, so your breakeven will be 18.5%.
Home Depot has a tax-exempt purchases program. First, you will need to establish your tax-exempt status. If you qualify as a tax-exempt shopper and already have state or federal tax IDs, you have to register online for a home depot tax exempt id number.
All registrations are subject to review and approval based on state and local laws.
Once you’re approved, you can start processing your orders in Home Depot and provide your tax ID at checkout to receive a tax exemption. So you can also save 5%.
8. Home Depot Discounted Gift Cards
Also, there are a lot of people and suppliers who sell Home Depot discounted gift cards. Most of the time they are 5% off.
One last important thing about Home Depot is that you need to be aware that the prices are not the same as in Amazon.
In Amazon, the price is the same for all of the addresses inside the United States. Some states may have taxes.
On the other hand, in Home Depot, the price can be different based on the shipping address.
It is the main reason why you may notice a difference in prices, between HomeDepot and what your monitoring tool is showing you.
Because all monitoring tools scan only for a specific zip code, but Home Depot changes the prices depending on the customer’s location.