Big takeaway from this video: 1. Drop shipping is NOT entirely bad, a good way for anyone to tip their toe in the waters of E-commerce 2. Little or NO cost to start out your own business online, most important is a good supplier with great product quality and handling of goods. 3. NOT A LONG TERM BUSINESS MODEL, find a winning product and outsource your product and create your OWN LABEL 4. PROFITABLE, but lower or poor profit margin around 15-30%. Unless bulk orders, so finding winning products or higher margin / big ticket items will help. Supply and demand Hope this helps
@@juliusford3180 you're like 15 yr/o versus them never having the relative knowledge to understand this considering they never grew up when the internet was more advanced.
Just searched for the topic and overlooked these videos. Immediately clicked on this one. Unfortunately, a lot of gullible people fall for these "gurus"
this comment is so impactful bruh 😂 i love it man and i hope its true and yes you gotta truly have that mindset i agree and you also gotta give it your 100 if you want to make anything work but i think you can make whatever you want work if you go into it with the right mindset like you said 🙏
Love the video❤️ I just started my print-on-demand journey and found Crafted Threads. They have a ton of designs and it saved me so much time. They have something in every niche. And lifetime updates too!!
I've seen this with a lot of people that they get into e commerce thinking that drop shipping is an easy business. Don't fall into this trap. Actually drop shipping is lot more harder and complicated than you think. You have to know how to build a website, product research, product development, product fulfillment, supplier research, branding, marketing, advertising, SEO, shipping, etc. Also you have to deal with a lot of problems such as late shipping times, charge backs, bad customer experience ,low quality products, banned Ad accounts, etc. So don't even think this is an easy business 😂. And statistically proven, 90% of dropshippers fail and lose money. So, it's not a get rich quick scheme unlike those fake gurus tell you also it may take you years of hard work to build a successful dropshipping business. I can tell you this from my past experience as I used to be a drop shipper before till I founded my own marketing agency.
It's ridiculous that people don't approach dropshipping like an actual business. They see the photoshopped profit margins and buzz words like "started with nothing" or "anywhere in the world" and they get baited. Same things when people go into trading. To add on to the experience, just started a month ago and I'm doing alright so far (not getting to excited). Not looking to get rich quick or live off it but if it every got to that stage, who am I to say no? Took me a while to understand what dropshipping is, researching companies, what is selling at the moment (and coming months i.e gardening for the summer coming up) and joining a group who are likeminded. I'm glad the video mentions the traffic to make revenue point. Personally, let people talk dropshipping down. More steady traffic for me.
One thing I noticed about these gurus when posting their numbers is they REFUSE to talk about the actual profit they’re getting . If I’m dropshipping something for 40$ but I have to pay my supplier 28$ and I make 10 sales I did NOT actually take home 400$ I only took home 280.. and gurus refuse to acknowledge that on their videos. They really trick ppl with that . I’m glad I got lucky and found a product with high demand and low competition
Dropshipping business has really helped me a lot I was very broke and schooling also but was introduced to dropshipping and in less than a month am making huge money
Hi! Are you in need of a skilled dropshipping agent or considering a switch? Since 2015, Unify Dropshipping offer top-tier dropshipping services to meet your needs and has direct connections with reliable manufacturers in China. We offer competitive prices, no minimum order quantities, and customized branding options. Let us help you source the best products for your business!
Always good to see your insight on dropshipping. In my opinion this business will always be lucrative because people simply need to buy things. You just have to find good products (I am using a bit of winnerzila. They give out five products per week, and at least three are absolute winners. I also get all photos, videos, descriptions for every single product). Also, you need to make your store a little bit appealing. Those two are formula for success in my opinion.
Everyone needs a different stream of income, unfortunately having a job doesn't mean security due to the high rate of rate of tax, one needs to move ahead of their expectations.
lnvesting with an expert is the best strategy for a beginner's and busy lnvestors. because most failures and Iosse on usuaIIy happens when you lnvest wlthout proper guide. l'm speaking from experience
I agree to successful on investment. Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Great video! To be honest I did not see any “ugly truth” info about dropshipping..it’s all about being confident, consistent and know what type of business you are building.
Hi! Are you in need of a skilled dropshipping agent or considering a switch? Since 2015, Unify Dropshipping offer top-tier dropshipping services to meet your needs and has direct connections with reliable manufacturers in China. We offer competitive prices, no minimum order quantities, and customized branding options. Let us help you source the best products for your business!
Thank God for your content. You saved me from abandoning ship and continuing my journey. I love how you talk about it simply being one step in the process toward having your own products, which is a great goal to have.
When I heard about this, it only sounded "easy" to me because so much of it is done without you having to do it yourself. Inventory, shipping and the like. But I recognized that it is still a business and like any other business, you will have to work hard to make it work out. But also depending on the platform, there can be several upfront costs.
Without any work or struggle you can't make anything or can't earn money for life that's the truth..... But Don't understand why most people think everything will be easy for making money🤔
I think the biggest misconception that people have when they want to start dropshipping is that, they think you don't need to register the business.. Like mentioned in the video, also depends in which countries you are located, all the cases you would need a business account from bank in order to be able to get those transactions.
Thank you for this content. I am totally new to ecommerce and dropshipping. I needed to find away to generate additional income since the pandemic. I started crafting T-shirts, Hoodies, and hats with a focus on customized Christian clothing and accessories. I'm going at it alone and it is very frustrating especially with working a full-time job. Thank God, I'm almost there. I have a goal of activating my Shopify store tomorrow. There are so many videos out there on how to start a ecommerce business that I find myself getting very confused. I have $sales besides the test items that I've ordered but have paid almost a year of Shopify subscriptions. Lord, I need help. I appreciate your content. It is very detailed and easy to understand. Thanks for the time and preparation you take in ensuring that business owners receive factual information that we can use to build our business. Please keep up the good work.
Excellent video. Was about to start dropshipping but now think I will test out several carefully chosen products on my online shop and see what sells and generates interest. Thank you very much
Hey Steve, Thank you for clearing up what has taken me through confusing moments of insanity. One thing, you said to click the link below to get the list of drop shippers and there's no link below. This was very clear information, succinctly outlined and very much needed. Thank again.
The best thing about drop shipping larger more expensive items, is you reduce the transport cost, as shipping is warehouse to customer, if you were to ship, warehouse to you, then to customer, you will have to pay for transport twice, which on a large item, like a TV, is very expensive and will increase the price of the product to a point were you cant compete.
Hi! Are you in need of a skilled dropshipping agent or considering a switch? Since 2015, Unify Dropshipping offer top-tier dropshipping services to meet your needs and has direct connections with reliable manufacturers in China. We offer competitive prices, no minimum order quantities, and customized branding options. Let us help you source the best products for your business!
There's one problem left out: Advertising costs. It's not totally zero cost because you either have to spend on advertising to get the traffic, or spend a lot of time to promote the products organically. Advertising is an upfront cost.
I've been selling in a small way on eBay for many years, and, being retired, just want to supplement my Social Security with a steady income. I think drop shipping would be the best thing for me, continuing to sell through eBay. Thank you for this video. I have no illusions about getting rich; small margins are fine.
I absolutely looove this video. Easy to follow, informative, and straight to the point. Felt like being advised by a good friend. Thanks a lot for sharing with us.🎉😊
10-30% is a fantastic profit margin for drop shipping, I dont see why its being seen as negative. The product is designed and built, has passed safety inspections for the legal and public market, you dont hold inventory, no huge upfront costs aside from paying for domains, no shipping costs or real estate to store said goods.....drop shipping typically is about numbers qty sold and you can reach a huge amount of people from the comfort of your laptop whether its home or if youre on a beach in Asia. Aside from the financial costs mentioned, its time investment (creating and editing unique product content, campaign ads, website design etc), oh, and a decent phone for videos.
Great tutorial with plenty of succinct factual information. I like to make decisions rather quickly and I need the requisite data to make those decisions. I am looking to eventually private label my own products, and enhance my brand by leveraging it with my other businesses. Thank you so much for providing me with the data to intelligently decide if it's right for me, and if so, when should I do it! Anxious to hear your other insights to ecommerce, so of course I immediatly subscribed to your channel 30 seconds into the video, and will be referring your channel fo everyone I know who can use this information
I was dropshipping swim swear for two years and had some "good" moments but lost an avenue to market my ads after FB implemented the new ad changes. Failed after that :( If I ever started again, I definitely wouldn't do clothing. I'd just pick a dumb toy or something to sell haha
There is also option between selling exported products yourself and dropshipping - both of them ;) This is exactly how many online stores working now. Also dropshipping can help identify which products is most selling, and then export it yourself or just buying in larger quantities and ask for extra discount. I have my own internet store and im working with both methods, which means i have ability to offer wider products and services selection. But yeah, it takes a lot time and work... 😶
Artur can you please help me to do this, I really want to drop ship but this video blew it in my face. I want to start yesterday if you can teach me or send me the correct videos I want very thankful
Drop shipping is not just an e-commerce strategy, it's also a brick-and-mortar strategy as well, In fact, it started out that way. I know business owners who had showrooms but they drop ship, then switch over to the internet.
Thank you I really enjoyed listening to that you kept me intrigued.. new to e-commerce but I’m successful at everything I work hard on.. can’t wait to watch and go thru your channel..
Great video. I was gettin laid off and jumped head first excited by this dropshipping guru. $300 later I realized he didn’t teach me about shipping rates actual marketing. So now I’m diving into the details and trying to learn!
Loved the video!💕 Just started my comic book collection and found Toon Haven. They offer a huge variety of digital comics for every genre, and lifetime updates too!😍
Thank you for this well detailed video.. I am about to watch some of the others you make in regards to drop shipping. I’ve really been wanting to try this since my wreck a year and a half ago. As soon as I think I know enough to get started I’m going to try and get a website up and going.. Thank you!
I love, love your videos and how you explain the essence of business model so eloquently. I have to say, honestly, I was at first thrown off by a bit old school style thumbnail. But your words overwhelm everything else. Thank you so much for your words of wisdom.
Man I’m not even done with the video and it’s soooo informative!! I just watched another video for 9 mins just to say if you don’t have money to start it, get a credit card, loan, or borrow the money 😐 pissed me off lol
I just don't get why someone would choose a completely random website to buy a product, give them your credit card info and hope you get the product let alone completely scammed to save a few dollars if any at all? It all sounds like selling cheap junk from aliexpress and then up selling it.
I have a question. I am not a shipper. I'm a customer who ordered a Nintendo on Amazon for $360. The Switch site says sold/fulfilled by Amazon. After the incorrect product arrived to me, and I contacted Amazon, they said it was from a third party seller. What? Indeed it was on my invoice. There is nothing at all in the Amazon checkout or purchase summary that shows the seller when hitting the button to actually make the purchase. So is this third party seller a drop shipper? How can I hold them responsible for sending me the wrong item? They refuse to pay for sending it back to them. So I would technically be at a loss if I have to pay for their mistake. Even if they refund me when they receive it back.
your video is the first time anyone has mentioned that dropshipping has low-profit margins and how private labeling and wholesale is better. there are soooo many videos on dropshipping and nowhere near as many on private labels, aside from Amazon. I really don't want to fool with Amazon, aside from the KDP. KDP appears the only real game in town for self-publishing, but I would not do FBA.
If I ship, for example, from Amazon and re-sell on Facebook, does the client see the exact price it bought for on Amazon? Does he get pissed if he sees that item on Amazon was twice cheaper that he paid on my Facebook?
Instead of private label, would it be best for me to invent a low cost item of my own and market it under my own brand? such as pain cream, candy, perfumes, cosmetics and hygiene items such as soap and shampoos
I’m so happy I made productive decisions about my finances that changed my life forever. I’m a single father living in Melbourne Australia, bought my second house in September and hoping to retire next year at 50 if things keep going smoothly for me.
Sorry for late reply, I used the FIRE movement to put my finances in order. Then lnvested in stocks, cryptocurencies and reaI estates though the assistance of an lnvestment Pro who helped me make it this big
@Jacob Anderson I will forever be indebted to Mrs Mary Ann Davis and this channel you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much to Mrs Mary Ann Davis
this is not the first time I am hearing of her and her exploits in the trading world but i had no idea on how to reach her, i have already lost enough of money since my retirement on binance trying to do it myself!!
Kind sir! How did the universe bless me to see your video on my home page. I have been STRESSED about starting a dropshipping website and you have confirmed EVERYTHING I felt when it comes to the pros and cons of dropshipping. Now I know exactly how I want to attack ecommerces and I feel very blessed and thankful that you made this video and it somehow made its way to me!
i watched a lot of videos about ecommerce and dropshipping but a lot of them requires membership or courses they sell to know the details.. everyone is promising heavens and im so confused who is legit and bogus, im planning to do ecommerce or dropshipping and im still on the learning process... when i watched your video i've learned a lot of things, tips and facts than those other videos i've watched.. thank you.. i subsbcribed on you channel and gonna watch all you videos.. keep doing videos that will help ordinary people who wants to have financial freedom or like me who wants to escape the 9-5 job
Exactly! My doubts are that after all that work is done and up running, why will customers by products from my basic and none professional store(i'm not a web designer) when they can cut the middle man and by directly from a supplier? Also, why will i run a store that can't never compete against amazon, temu or so many others out there that spends millions a year in advertizing and publicity? 🤔
These drop shipping companies charge you a hefty subscription fee and limit the number of items you can have in your store - and charges a higher per month cost to have more items. Something not mentioned that should have been.
Chuckle some people overthink over a simple structure business. No its not a get rich quick scheme...but its a simpler way to understand importing/exporting business. Can you get wealthy (notice how i dont say rich) sooner... if you dont have to work after 8-12 months then your on the right track. Have you ever noticed that most of us who are able to get a digital business running is at a younger stage while some of those who agree to this video mindset is from an older generation... Yes we still put blood sweet and tears into creating an independent self sustaining business/es at a young age but there is a few major differences as to why us young ones get it while the older generation take a bit longer...
Ugh, so true… I’m 30 and am absolutely struggling to escape the older-Gen mindset you’ve described here. I had also thought it would have been easier for me if I was younger and started years ago.
I have a jewellry product with three different components a Bag, the pin and a business card. Are there companies who would put the pin onto the business card, then put the card into the bag before sending? Many thanks
Thank you so for the information it's so straight to the point. Well, l missed some information right! My question is do l have to link my website with Shopify? The website is where l post the products please clarify on that one.
Wow. Finally a straight shooter that explains the basics in easy to understand stand format…. Super annoying all these pretty young folks producing exceptionally vague videos over and over claiming that …. Fill in the blank. Basically the old used car salesman tactic.
If you enjoyed this video, make you take my free 6 day mini course - mywifequitherjob.com/free/
Hello would like to ask you a question about dropshipping using Amazon as a supplier
Thanks for this video it was very very informative.
Thanx big bro. u made it a WHOLE lot easier to understanding👨🏫 teacher level😎
Thank you for this video. Loved it. Would you mind creating one on how to start one's own private label brand, step-by-step? Would appreciate it 💕
why cant a wholesaler just sell to everyone?
Big takeaway from this video:
1. Drop shipping is NOT entirely bad, a good way for anyone to tip their toe in the waters of E-commerce
2. Little or NO cost to start out your own business online, most important is a good supplier with great product quality and handling of goods.
3. NOT A LONG TERM BUSINESS MODEL, find a winning product and outsource your product and create your OWN LABEL
4. PROFITABLE, but lower or poor profit margin around 15-30%. Unless bulk orders, so finding winning products or higher margin / big ticket items will help. Supply and demand
Hope this helps
How do i automate the fulfillment part?
@@apollohd6368 The said drop shipping company would have that on their platform I should think so
From a Lee to another Lee, Lee Eric is the real MVP.
Sound worth it
thank you! Your comment helped!
FINALLY A HONEST dropshipping video!! I am sick of the 20 something kids & adult guru’s simply lying or hiding everything you told us. Thank you!!
I showed this to my mom and she still doesn't trust it :(
I don't know why they feel the need to lie about how easy it is.
amen🙌
@@juliusford3180 you're like 15 yr/o versus them never having the relative knowledge to understand this considering they never grew up when the internet was more advanced.
Just searched for the topic and overlooked these videos. Immediately clicked on this one. Unfortunately, a lot of gullible people fall for these "gurus"
There is no chance, no destiny, no fate, that can hinder or control the firm resolve of a determined soul.
~ Ella Wheeler Wilcox
If you take the right mindset into anything you can make it work
this comment is so impactful bruh 😂 i love it man and i hope its true and yes you gotta truly have that mindset i agree and you also gotta give it your 100 if you want to make anything work but i think you can make whatever you want work if you go into it with the right mindset like you said 🙏
Hello!
I like those words. Thank you 🙂👍🏼
Love the video❤️ I just started my print-on-demand journey and found Crafted Threads. They have a ton of designs and it saved me so much time. They have something in every niche. And lifetime updates too!!
I've seen this with a lot of people that they get into e commerce thinking that drop shipping is an easy business. Don't fall into this trap. Actually drop shipping is lot more harder and complicated than you think. You have to know how to build a website, product research, product development, product fulfillment, supplier research, branding, marketing, advertising, SEO, shipping, etc. Also you have to deal with a lot of problems such as late shipping times, charge backs, bad customer experience ,low quality products, banned Ad accounts, etc. So don't even think this is an easy business 😂. And statistically proven, 90% of dropshippers fail and lose money. So, it's not a get rich quick scheme unlike those fake gurus tell you also it may take you years of hard work to build a successful dropshipping business. I can tell you this from my past experience as I used to be a drop shipper before till I founded my own marketing agency.
It's ridiculous that people don't approach dropshipping like an actual business. They see the photoshopped profit margins and buzz words like "started with nothing" or "anywhere in the world" and they get baited. Same things when people go into trading.
To add on to the experience, just started a month ago and I'm doing alright so far (not getting to excited). Not looking to get rich quick or live off it but if it every got to that stage, who am I to say no? Took me a while to understand what dropshipping is, researching companies, what is selling at the moment (and coming months i.e gardening for the summer coming up) and joining a group who are likeminded. I'm glad the video mentions the traffic to make revenue point.
Personally, let people talk dropshipping down. More steady traffic for me.
@@alphaevolution I just started dropshipping, made a few sales but hasn’t been rosy, how can I find those groups? please I need help
I agree. also the suppliers from China are very much "Yes Man" and they will tell you a product is in stock when it really isn't
That's why I don't see myself getting into drop shipping.
One thing I noticed about these gurus when posting their numbers is they REFUSE to talk about the actual profit they’re getting . If I’m dropshipping something for 40$ but I have to pay my supplier 28$ and I make 10 sales I did NOT actually take home 400$ I only took home 280.. and gurus refuse to acknowledge that on their videos. They really trick ppl with that . I’m glad I got lucky and found a product with high demand and low competition
8:34 you should use drop shipping as a stepping stone to create your own branded products for sale. That is all I needed to hear.
Dropshipping business has really helped me a lot I was very broke and schooling also but was introduced to dropshipping and in less than a month am making huge money
@@JohnsonPatience-o5efor someone wanting to start a dropshipping site, what are some tips that you wish someone had told you when you started?
Hi! Are you in need of a skilled dropshipping agent or considering a switch? Since 2015, Unify Dropshipping offer top-tier dropshipping services to meet your needs and has direct connections with reliable manufacturers in China. We offer competitive prices, no minimum order quantities, and customized branding options. Let us help you source the best products for your business!
Great advice!👍
@@JohnsonPatience-o5ecould you elaborate on how you started and the start up costs please?
Always good to see your insight on dropshipping. In my opinion this business will always be lucrative because people simply need to buy things. You just have to find good products (I am using a bit of winnerzila. They give out five products per week, and at least three are absolute winners. I also get all photos, videos, descriptions for every single product). Also, you need to make your store a little bit appealing. Those two are formula for success in my opinion.
Everyone needs a different stream of income, unfortunately having a job doesn't mean security due to the high rate of rate of tax, one needs to move ahead of their expectations.
If you don't find a means of multiplying your income you will realize you didn't plan good for yourself in the future
lnvesting with an expert is the best strategy for a beginner's and busy lnvestors. because most failures and Iosse on usuaIIy happens when you lnvest wlthout proper guide. l'm speaking from experience
I agree to successful on investment. Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Great video! To be honest I did not see any “ugly truth” info about dropshipping..it’s all about being confident, consistent and know what type of business you are building.
He used the word Ugly in capital letters to catch peoples attention,i.e to get more clicks.
@@warrenelliott6456 Wow. No way!
Hi! Are you in need of a skilled dropshipping agent or considering a switch? Since 2015, Unify Dropshipping offer top-tier dropshipping services to meet your needs and has direct connections with reliable manufacturers in China. We offer competitive prices, no minimum order quantities, and customized branding options. Let us help you source the best products for your business!
Hello, I am dropshipping agent china with low cost and good service. If you have any needs, please contact me
Thank God for your content. You saved me from abandoning ship and continuing my journey. I love how you talk about it simply being one step in the process toward having your own products, which is a great goal to have.
When I heard about this, it only sounded "easy" to me because so much of it is done without you having to do it yourself. Inventory, shipping and the like. But I recognized that it is still a business and like any other business, you will have to work hard to make it work out. But also depending on the platform, there can be several upfront costs.
Exactly
None of this actually sounds like an “ugly truth” just the realities of running a business.
Without any work or struggle you can't make anything or can't earn money for life that's the truth..... But Don't understand why most people think everything will be easy for making money🤔
@@arsayem7 lol say that to all underage girls popping off cash on onlyfans lol
@@makisama5736 thats the 1 percent of onlyfans girls and they make that much because of there marketing
@@majestic6265 1% is like 50% of all girls on this planet
@@makisama5736 Would be fun to be a pimp on onlyfans lol
I think the biggest misconception that people have when they want to start dropshipping is that, they think you don't need to register the business.. Like mentioned in the video, also depends in which countries you are located, all the cases you would need a business account from bank in order to be able to get those transactions.
Thank you for this content. I am totally new to ecommerce and dropshipping. I needed to find away to generate additional income since the pandemic. I started crafting T-shirts, Hoodies, and hats with a focus on customized Christian clothing and accessories. I'm going at it alone and it is very frustrating especially with working a full-time job. Thank God, I'm almost there. I have a goal of activating my Shopify store tomorrow. There are so many videos out there on how to start a ecommerce business that I find myself getting very confused. I have $sales besides the test items that I've ordered but have paid almost a year of Shopify subscriptions. Lord, I need help. I appreciate your content. It is very detailed and easy to understand. Thanks for the time and preparation you take in ensuring that business owners receive factual information that we can use to build our business. Please keep up the good work.
Be careful with these youtubers, they leave a lot of secrets out and try to skew your view for personal agendas. Keep researching friend.
Hello, I am dropshipping agent china with low cost and good service. If you have any needs, please contact me
You have to remember when selling things online there needs to be a demand
Make more videos like this! Very straightforward and educational. Nicely done
Excellent video. Was about to start dropshipping but now think I will test out several carefully chosen products on my online shop and see what sells and generates interest. Thank you very much
How much interest have you gained since this comment? Im curious
how it ended up?
Hello, I am dropshipping agent china with low cost and good service. If you have any needs, please contact me
Hey Steve, Thank you for clearing up what has taken me through confusing moments of insanity. One thing, you said to click the link below to get the list of drop shippers and there's no link below. This was very clear information, succinctly outlined and very much needed. Thank again.
Go to his website.
There is the link to his website
The best thing about drop shipping larger more expensive items, is you reduce the transport cost, as shipping is warehouse to customer, if you were to ship, warehouse to you, then to customer, you will have to pay for transport twice, which on a large item, like a TV, is very expensive and will increase the price of the product to a point were you cant compete.
Hi! Are you in need of a skilled dropshipping agent or considering a switch? Since 2015, Unify Dropshipping offer top-tier dropshipping services to meet your needs and has direct connections with reliable manufacturers in China. We offer competitive prices, no minimum order quantities, and customized branding options. Let us help you source the best products for your business!
There's one problem left out: Advertising costs. It's not totally zero cost because you either have to spend on advertising to get the traffic, or spend a lot of time to promote the products organically. Advertising is an upfront cost.
For me this is the only problem lol
true, true.... but that's the easy part
It's literally so straight foward.
No cost to advertise on tik tok or google trends to drive your traffic
You’ll spend 100-200 on shoes but not promo crazy
I've been selling in a small way on eBay for many years, and, being retired, just want to supplement my Social Security with a steady income. I think drop shipping would be the best thing for me, continuing to sell through eBay. Thank you for this video. I have no illusions about getting rich; small margins are fine.
Hello, I am dropshipping agent china with low cost and good service. If you have any needs, please contact me
This is the most informative and honest video I've seen! Thank you! I will be re-watching to take notes!
Hello, I am dropshipping agent china with low cost and good service. If you have any needs, please contact me
Excellent video! Love this guy's presentation style - clear, concise, no flowery/fluffy language.
I absolutely looove this video. Easy to follow, informative, and straight to the point. Felt like being advised by a good friend. Thanks a lot for sharing with us.🎉😊
10-30% is a fantastic profit margin for drop shipping, I dont see why its being seen as negative. The product is designed and built, has passed safety inspections for the legal and public market, you dont hold inventory, no huge upfront costs aside from paying for domains, no shipping costs or real estate to store said goods.....drop shipping typically is about numbers qty sold and you can reach a huge amount of people from the comfort of your laptop whether its home or if youre on a beach in Asia. Aside from the financial costs mentioned, its time investment (creating and editing unique product content, campaign ads, website design etc), oh, and a decent phone for videos.
10-30% gross margins is pretty bad. It's gross not net
30%GM is already pushing the boundary of a no for me. At 10% you are probably making a loss
Shipping time is the main problem my friend. Both you and your customer will get depress about it 😅
Now that was a refreshingly informative and unbiased video. Thanks
Excellent breakdown of how dropshiping works. For this, I have subscribed to your channel.
Of what I already knew, the information in this video lines up 100%. Thank you! This video was really helpful!
Great tutorial with plenty of succinct factual information. I like to make decisions rather quickly and I need the requisite data to make those decisions. I am looking to eventually private label my own products, and enhance my brand by leveraging it with my other businesses. Thank you so much for providing me with the data to intelligently decide if it's right for me, and if so, when should I do it! Anxious to hear your other insights to ecommerce, so of course I immediatly subscribed to your channel 30 seconds into the video, and will be referring your channel fo everyone I know who can use this information
I was dropshipping swim swear for two years and had some "good" moments but lost an avenue to market my ads after FB implemented the new ad changes. Failed after that :( If I ever started again, I definitely wouldn't do clothing. I'd just pick a dumb toy or something to sell haha
Could you please tell me more why you wouldn't choose clothing?
@@m.deborahakinlotan2270I can. Size issue's or complaints about quality etc..
There is also option between selling exported products yourself and dropshipping - both of them ;) This is exactly how many online stores working now. Also dropshipping can help identify which products is most selling, and then export it yourself or just buying in larger quantities and ask for extra discount. I have my own internet store and im working with both methods, which means i have ability to offer wider products and services selection. But yeah, it takes a lot time and work... 😶
Artur can you please help me to do this, I really want to drop ship but this video blew it in my face. I want to start yesterday if you can teach me or send me the correct videos I want very thankful
Hey Man How It's going?@@HealthyAbundance
Storage costs will eat into your profits...
Drop shipping is not just an e-commerce strategy, it's also a brick-and-mortar strategy as well, In fact, it started out that way. I know business owners who had showrooms but they drop ship, then switch over to the internet.
Thank you I really enjoyed listening to that you kept me intrigued.. new to e-commerce but I’m successful at everything I work hard on.. can’t wait to watch and go thru your channel..
Great video. I was gettin laid off and jumped head first excited by this dropshipping guru. $300 later I realized he didn’t teach me about shipping rates actual marketing. So now I’m diving into the details and trying to learn!
hi, hope all is well. can you provide an update on how you are doing with shipping rates and marketing now than 5 months ago?
Loved the video!💕 Just started my comic book collection and found Toon Haven. They offer a huge variety of digital comics for every genre, and lifetime updates too!😍
Thank you for this well detailed video.. I am about to watch some of the others you make in regards to drop shipping.
I’ve really been wanting to try this since my wreck a year and a half ago. As soon as I think I know enough to get started I’m going to try and get a website up and going..
Thank you!
Hi guys - you can't fail if you never give up. Keep working at it!
agree. and dropshipping doesn't mean that you earn $$$ overnight. every thing will rise step by step
LOVE how you present this video. Straighforward. Thx for taking the time
And we wonder why we have inflation, all these layers of people between the consumer and actual producer of the product.
Thanks a looot! Finally someone who doesn't sugar coat it and tries to make it sound as easy as possible! God bless 🙏🤗
I love the clarity of your videos! Even though english is not my first language, I fully understand
I love, love your videos and how you explain the essence of business model so eloquently. I have to say, honestly, I was at first thrown off by a bit old school style thumbnail. But your words overwhelm everything else. Thank you so much for your words of wisdom.
Wow! This video was so packed with valuable information. I can’t wait to get the mini course!!!
Thank you for breaking it down, I have been searching for this content for awhile.
Man I’m not even done with the video and it’s soooo informative!! I just watched another video for 9 mins just to say if you don’t have money to start it, get a credit card, loan, or borrow the money 😐 pissed me off lol
I just don't get why someone would choose a completely random website to buy a product, give them your credit card info and hope you get the product let alone completely scammed to save a few dollars if any at all? It all sounds like selling cheap junk from aliexpress and then up selling it.
You Sir are very knowledgeable. Thank you, that was quite thorough and informative!
I have a question. I am not a shipper. I'm a customer who ordered a Nintendo on Amazon for $360. The Switch site says sold/fulfilled by Amazon. After the incorrect product arrived to me, and I contacted Amazon, they said it was from a third party seller. What? Indeed it was on my invoice. There is nothing at all in the Amazon checkout or purchase summary that shows the seller when hitting the button to actually make the purchase.
So is this third party seller a drop shipper? How can I hold them responsible for sending me the wrong item? They refuse to pay for sending it back to them. So I would technically be at a loss if I have to pay for their mistake. Even if they refund me when they receive it back.
Thank you for the honesty and great links to get started. Peace Love n Chicken grease.
I trust this guy, and will be taking his advice on my ecom business. Many thanks
I’m pretty sure I ordered something from eBay that was dropped shipped from Amazon. The quality was not the best.
This was the best video I found about dropshipping. Great job!
appreciate for sharing this with us, excellent video
GREAT HONEST video. Thank you !
if everyone has an mba, drop ship, or ecommerce, whose the customer?
Great video...I do have a question, how do I go about settling payment method outside US.
Very well done, comprehensive video. Thank you.
THANK YOU FOR SHARING THE REALITY OF THE DEOPSHIPPING BUSINESS MODEL!
This is gold. I saw your business on cnbc.
your video is the first time anyone has mentioned that dropshipping has low-profit margins and how private labeling and wholesale is better. there are soooo many videos on dropshipping and nowhere near as many on private labels, aside from Amazon. I really don't want to fool with Amazon, aside from the KDP. KDP appears the only real game in town for self-publishing, but I would not do FBA.
What is KDP?
@@theresatucker2604 Kindle Direct Publishing (KDP)
TRANSPARENT review! you're really something sir, please keep us enlightened always. Thank you for this very informative review.
If I ship, for example, from Amazon and re-sell on Facebook, does the client see the exact price it bought for on Amazon? Does he get pissed if he sees that item on Amazon was twice cheaper that he paid on my Facebook?
Hey there! Great video!!!!
What camera/lens do you use for your main talking head shots?
If I place my label in a product would I have to purchase the product to resell or supplier can send with my label ? Thank you
Extremely unbiased and helpful . Thanks
this was a great video for a complete bigimner who has heard of dropshipping before but had no idea what it was about, I've subbed
awesome video thanks these is the detail information I HV been looking for.
Thanks for this video. I learn so much from your content
I love the honesty of this guy . Many others sell a dream to try to get me to buy a 3000 course
Those teach can't. Those who can do it. Just look around you for evidence of this.
can I dropship brands like Apple, Microsoft & Sony on my own website? do i need authorization first?
Instead of private label, would it be best for me to invent a low cost item of my own and market it under my own brand? such as pain cream, candy, perfumes, cosmetics and hygiene items such as soap and shampoos
How are you going to market it? PPC is very expensive…
@@elinmansson5535 that’s the way. Save up 10k dollars and I guess pay for marketing. I do graphic design and film editing
I’m so happy I made productive decisions about my finances that changed my life forever. I’m a single father living in Melbourne Australia, bought my second house in September and hoping to retire next year at 50 if things keep going smoothly for me.
Sorry for late reply, I used the FIRE movement to put my finances in order. Then lnvested in stocks, cryptocurencies and reaI estates though the assistance of an lnvestment Pro who helped me make it this big
@Jacob Anderson I will forever be indebted to Mrs Mary Ann Davis and this channel you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much to Mrs Mary Ann Davis
WOW....amazing to see someone who trades with Mrs Mary Ann, i am currently on my 7th trade with her and my portfolio has grown tremendously
this is not the first time I am hearing of her and her exploits in the trading world but i had no idea on how to reach her, i have already lost enough of money since my retirement on binance trying to do it myself!!
I'm a beginner. How can i get her assistance?
Thank you! This information is very much appreciated.
Brother!! Thank you for all your great videos!! Bless you my brother!!
This video was incredibly valuable to me thanks
Kind sir! How did the universe bless me to see your video on my home page. I have been STRESSED about starting a dropshipping website and you have confirmed EVERYTHING I felt when it comes to the pros and cons of dropshipping. Now I know exactly how I want to attack ecommerces and I feel very blessed and thankful that you made this video and it somehow made its way to me!
I like what I see.....
@Johhnny T validation gets u no hoes
@@1aidns worked for your moms though
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Care to tell me what niche you're in?
You said your favorite dropshipping companies would be linked below. Where is that link?
i watched a lot of videos about ecommerce and dropshipping but a lot of them requires membership or courses they sell to know the details.. everyone is promising heavens and im so confused who is legit and bogus, im planning to do ecommerce or dropshipping and im still on the learning process... when i watched your video i've learned a lot of things, tips and facts than those other videos i've watched.. thank you.. i subsbcribed on you channel and gonna watch all you videos.. keep doing videos that will help ordinary people who wants to have financial freedom or like me who wants to escape the 9-5 job
Awesome video.Definitely got a bigger picture of the the work behind the scenes of dropshopping .1
Exactly! My doubts are that after all that work is done and up running, why will customers by products from my basic and none professional store(i'm not a web designer) when they can cut the middle man and by directly from a supplier? Also, why will i run a store that can't never compete against amazon, temu or so many others out there that spends millions a year in advertizing and publicity? 🤔
One word: Marketing strategy! Know your customer like the back of your hand.
Thanks for sharing this, truly excellent content!
Seems like POD companies basically charge us retail prices, and so we have to have a premium markup .
How do we get started ?? That's what I need help with .
I wish you can give names of USA dropshipping companies that are accepted by amazon
These drop shipping companies charge you a hefty subscription fee and limit the number of items you can have in your store - and charges a higher per month cost to have more items. Something not mentioned that should have been.
Whew…. This is absolutely needed info…Thank you
Do you have a video on how to start dropshipping or beginner dropshipping?
THANKS A BUNCH, AMAZING VIDEO!!!
Very good and informative ,,, I give you an A plus for simple and potent clip 👌👌👌👌
Chuckle some people overthink over a simple structure business. No its not a get rich quick scheme...but its a simpler way to understand importing/exporting business. Can you get wealthy (notice how i dont say rich) sooner... if you dont have to work after 8-12 months then your on the right track.
Have you ever noticed that most of us who are able to get a digital business running is at a younger stage while some of those who agree to this video mindset is from an older generation...
Yes we still put blood sweet and tears into creating an independent self sustaining business/es at a young age but there is a few major differences as to why us young ones get it while the older generation take a bit longer...
Ugh, so true… I’m 30 and am absolutely struggling to escape the older-Gen mindset you’ve described here. I had also thought it would have been easier for me if I was younger and started years ago.
@@KeekeeKarin5 30 is not old. Get over it
I have a jewellry product with three different components a Bag, the pin and a business card. Are there companies who would put the pin onto the business card, then put the card into the bag before sending? Many thanks
I just wanna make $2500 per month to pay my bills and live. Is dropshipping right for me?
Any business you want to start, it's sensible to have a part job if not full time before the business has legs to stand
Thank you so for the information it's so straight to the point. Well, l missed some information right! My question is do l have to link my website with Shopify? The website is where l post the products please clarify on that one.
Great video, and I’m very new to this but why would a supplier need my help or website and why don’t they do it themselves?
One word. Traffic!!
Wow. Finally a straight shooter that explains the basics in easy to understand stand format…. Super annoying all these pretty young folks producing exceptionally vague videos over and over claiming that …. Fill in the blank. Basically the old used car salesman tactic.
how to find a product that is NOT on aliexpress and everywhere how to have a own product
Thank you for this video it was very informative.
I was wondering about payments thank you!
Thanks for this super informative video! Side question: are you from Bmore or Philly? It sounds like my old accent 😂
Thanks for the detailed explanation, very informative video