eccehomo
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A lot of people say its a thing in the past while others are saying it is still thriving. Any opinions on this?
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No it doesn't brands like Gymsharks and blend jet are dropshipping model based. It fulfills everything and if we work in the branding end we are basically creating an asset from 0A lot of people say its a thing in the past while others are saying it is still thriving. Any opinions on this?
It has the Entry Barrier Only people with a good cash flow to invest money in ads and people who know how to run good Facebook ads will be successful in dropshipping and creating a long term brand.Just to clarify, is this the E=Entry point of dropshipping that violates CENTS?
It would tick the other 4 points in my opinion.
People say it is a thing of the past because it is not so easy to get success in this field and when a lot of people taste failure for the first time instead of considering failure as a part of the process they Quit that's when they say dropshipping is dead. It is not but Now not everyone can get into dropshipping and make a living out of it. It is definitely a way to explode your primary source of Income.A lot of people say its a thing in the past while others are saying it is still thriving. Any opinions on this?
I guess someone didn't do his own research... Gymshark was PRIVATE LABELING not DROPSHIPPING.No it doesn't brands like Gymsharks and blend jet are dropshipping model based. It fulfills everything and if we work in the branding end we are basically creating an asset from 0
A lot of people say its a thing in the past while others are saying it is still thriving. Any opinions on this?
And dropshipping is not exclusively a social media ad's business.
Let me bring some light and clarity to you how it works in the USA and how those youtube gurus fake results in order to send their online courses "Practice what you Preach" In dropshipping when you are getting a good amount of sales you can do private Labeling that's what Gymshark and what BlendJet did also with every other person thinking "it so easy to get successful with some Initial capital of 2K$ let's SAY YOU HAVE THAT BUDGET BUT NOT EVERYONE IS HAVING but still it has increased the competition but not everyone is successful because "ONLY HAVING CASHFLOW AND NO KNOWLEDGE ABOUT PAID ADS AND BRANDING " will not make you RIch. Now let's talk about the profit margins and the youtube gurus. What they show you is the Shopify dashboard which shows the Revenue generated not the profits made ( most of them will never show there facebook ad accounts because either they faked their results or are not even breaking even) Now about the profits how your friend is doing affiliate marketing or some other kind of stuff but definitely not drop shipping. Selling a FAMOUS BRAND PRODUCTS AND MAKING COMMISSION IS NOT Dropshipping and that's why the profits will be extremely low. For a guy like me with an in-depth knowledge of ads I have a profit margin of 40% I am not selling some other brand merch or products, I can control the price and I can control the number of people I am selling my products to. I can Private label my product. 40% margin and 60k Revenue do the math yourself. My dropshipping store is not dynamic and makes stable revenue every month I don't go broke with a 60k sale a month to none next month like the youtube Gurus because I have worked with purpose or private labeling and long term branding. Dropshipping with a mindset to create a brand and slowly moving into E-commerce with actually owning the inventory is the key. If your friend is selling some very famous brand products with such low margins it doesn't make dropshipping bad it is just because he is stupid. Before you start with Chinese products its easy to find US supplier I sell products in the USA and without being In US with no Problem! My friends in USA were able to private label their products but they started with a dropshipping model. DO a bit of research about BlendJet as well Thanks.I guess someone didn't do his own research... Gymshark was PRIVATE LABELING not DROPSHIPPING.
It's literally a world of difference, also it's bs that you need a good cash flow as entry barrier, you aren't considering organic traffic just because with ads it's so much faster, honestly anyone could start a dropshipping shop(ENTRY) getting it to be succesfull with initial capital may be harder but it surely can happen.
If you watch those youtube gurus they start dropshipping websites up and running in literally 1 hour, WOW what a barrier.
That said I don't think it's that important but you're still selling someone else's merch at the end of the day just consider going into the sales business based on commision and it may be even more profitable.
Also I don't know how it works in the US etc.. but usually the high revenue and really small profits that dropshipping brings is very prohibitive in some countries, because you get put into brackets(taxes, priviledges etc...) based on your REVENUE.
I have a friend who sells general electronics from famous brands(dropshipping) and he makes about 1% profit on orders after all things considered, so let's say a 1000€ piece brings him 10€ after ads/paying the stuff.
On some items he goes up to 5/10% but those are much harder to sell.
On about 150k revenue which is quite a lot he makes a clean 3k pretty much, in one year that isn't even enough to pay his social security contributions.
ALSO not considering that if something gets returned it's a complete nightmare, for 10€ of profit you now risk losing 1k if something goes wrong.
Needless to say he's trying to sell "the business" and it's comical because he can't even get 500€ for a business that's getting 150k in revenue last year.
Now I know he was kinda dumb and all the geniouses will tell me he could've sold 5€ chinese stuff for 30€, but still it would've costed him much more in ads while what he had(the real deal) was selling on pretty low ad budget.
For anyone interested his main sales source was drones from a particular brand.
Apart from everything I respect your opinion and it could be that dropshipping worked well for me and that could be the reason for me being a bit defensive. But it was great knowing your perspective about it. PeaceI guess someone didn't do his own research... Gymshark was PRIVATE LABELING not DROPSHIPPING.
It's literally a world of difference, also it's bs that you need a good cash flow as entry barrier, you aren't considering organic traffic just because with ads it's so much faster, honestly anyone could start a dropshipping shop(ENTRY) getting it to be succesfull with initial capital may be harder but it surely can happen.
If you watch those youtube gurus they start dropshipping websites up and running in literally 1 hour, WOW what a barrier.
That said I don't think it's that important but you're still selling someone else's merch at the end of the day just consider going into the sales business based on commision and it may be even more profitable.
Also I don't know how it works in the US etc.. but usually the high revenue and really small profits that dropshipping brings is very prohibitive in some countries, because you get put into brackets(taxes, priviledges etc...) based on your REVENUE.
I have a friend who sells general electronics from famous brands(dropshipping) and he makes about 1% profit on orders after all things considered, so let's say a 1000€ piece brings him 10€ after ads/paying the stuff.
On some items he goes up to 5/10% but those are much harder to sell.
On about 150k revenue which is quite a lot he makes a clean 3k pretty much, in one year that isn't even enough to pay his social security contributions.
ALSO not considering that if something gets returned it's a complete nightmare, for 10€ of profit you now risk losing 1k if something goes wrong.
Needless to say he's trying to sell "the business" and it's comical because he can't even get 500€ for a business that's getting 150k in revenue last year.
Now I know he was kinda dumb and all the geniouses will tell me he could've sold 5€ chinese stuff for 30€, but still it would've costed him much more in ads while what he had(the real deal) was selling on pretty low ad budget.
For anyone interested his main sales source was drones from a particular brand.
Yo man he is Dropshipping, he has his own site with other people's products(that ship those products) that he sells, I think that's the legit definition of dropshipping.Let me bring some light and clarity to you how it works in the USA and how those youtube gurus fake results in order to send their online courses "Practice what you Preach" In dropshipping when you are getting a good amount of sales you can do private Labeling that's what Gymshark and what BlendJet did also with every other person thinking "it so easy to get successful with some Initial capital of 2K$ let's SAY YOU HAVE THAT BUDGET BUT NOT EVERYONE IS HAVING but still it has increased the competition but not everyone is successful because "ONLY HAVING CASHFLOW AND NO KNOWLEDGE ABOUT PAID ADS AND BRANDING " will not make you RIch. Now let's talk about the profit margins and the youtube gurus. What they show you is the Shopify dashboard which shows the Revenue generated not the profits made ( most of them will never show there facebook ad accounts because either they faked their results or are not even breaking even) Now about the profits how your friend is doing affiliate marketing or some other kind of stuff but definitely not drop shipping. Selling a FAMOUS BRAND PRODUCTS AND MAKING COMMISSION IS NOT Dropshipping and that's why the profits will be extremely low. For a guy like me with an in-depth knowledge of ads I have a profit margin of 40% I am not selling some other brand merch or products, I can control the price and I can control the number of people I am selling my products to. I can Private label my product. 40% margin and 60k Revenue do the math yourself. My dropshipping store is not dynamic and makes stable revenue every month I don't go broke with a 60k sale a month to none next month like the youtube Gurus because I have worked with purpose or private labeling and long term branding. Dropshipping with a mindset to create a brand and slowly moving into E-commerce with actually owning the inventory is the key. If your friend is selling some very famous brand products with such low margins it doesn't make dropshipping bad it is just because he is stupid. Before you start with Chinese products its easy to find US supplier I sell products in the USA and without being In US with no Problem! My friends in USA were able to private label their products but they started with a dropshipping model. DO a bit of research about BlendJet as well Thanks.
Nothing is easy the youtube Gurus make it seem easy to sell their courses but even then it requires capital to start not everyone can afford to have that capital.Getting into dropshipping is not the same as getting into network marketing or affliate marketing PEACE
Create an execution thread, look forward to seeing what you are doing.Apart from everything I respect your opinion and it could be that dropshipping worked well for me and that could be the reason for me being a bit defensive. But it was great knowing your perspective about it. Peace
I am 10 days old here not 10 days old in dropshipping bro and NO I AM NOT GOING TO SELL ANYTHING IN THIS FORUM JUST HERE TO CONNECT WITH LIKE-MINDED PEOPLE AND PROVIDE VALUE AND LEARN STUFF as well. Anyways we both are talking about E-commerce but with different prespective and angles. I respect your views maybe you can suggest your friend to switch to a different product with a better margin and It was great connecting with you No grudges I am all here to provide value in any way and learn and for sure i will make a thread about the strategies to use and all my results after thisYo man he is Dropshipping, he has his own site with other people's products(that ship those products) that he sells, I think that's the legit definition of dropshipping.
If you're private labeling it's not the same as the classic dropshipping was meant so we're saying the same thing in two different ways...
We basically agree but you want to call private labeling dropshipping, owning your inventory means you're not dropshipping.
I really hope you're not going to try to sell your services on this forum because the "bullshit alarm" we have instilled is really good.
All this you've figured ads and ecommerce out and within 15 posts you're letting us know everyone else is doing it wrong and you're some kind of illuminated genious WHILE me and you are saying the same thing.
I hope I'm wrong but literally you've been here 10 days, told us you're making a killing with dropshipping 10 times while providing zero proof or serious advice, so let's start from scratch, make a thread in the Execution section, post about your innovative methods and the results you're getting, no need to tell us the site or products if that bothers you.
Looking forward to learning together this ecommerce stuff and sorry if I come off as rude, have a nice day!
I appreciate it a lot, also he's now working for a very big ecommerce and he landed that job mainly because of his own site, he's getting paid so much it's actually insane.I am 10 days old here not 10 days old in dropshipping bro and NO I AM NOT GOING TO SELL ANYTHING IN THIS FORUM JUST HERE TO CONNECT WITH LIKE-MINDED PEOPLE AND PROVIDE VALUE AND LEARN STUFF as well. Anyways we both are talking about E-commerce but with different prespective and angles. I respect your views maybe you can suggest your friend to switch to a different product with a better margin and It was great connecting with you No grudges I am all here to provide value in any way and learn and for sure i will make a thread about the strategies to use and all my results after this
When I read a wall of text like this I always feel like that person is trying to prove something they are not 100% sure about. That said, if it's working for you, why do you need to prove yourself to other people? I mean, you are making bank, aren't you?Let me bring some light and clarity to you how it works in the USA and how those youtube gurus fake results in order to send their online courses "Practice what you Preach" In dropshipping when you are getting a good amount of sales you can do private Labeling that's what Gymshark and what BlendJet did also with every other person thinking "it so easy to get successful with some Initial capital of 2K$ let's SAY YOU HAVE THAT BUDGET BUT NOT EVERYONE IS HAVING but still it has increased the competition but not everyone is successful because "ONLY HAVING CASHFLOW AND NO KNOWLEDGE ABOUT PAID ADS AND BRANDING " will not make you RIch. Now let's talk about the profit margins and the youtube gurus. What they show you is the Shopify dashboard which shows the Revenue generated not the profits made ( most of them will never show there facebook ad accounts because either they faked their results or are not even breaking even) Now about the profits how your friend is doing affiliate marketing or some other kind of stuff but definitely not drop shipping. Selling a FAMOUS BRAND PRODUCTS AND MAKING COMMISSION IS NOT Dropshipping and that's why the profits will be extremely low. For a guy like me with an in-depth knowledge of ads I have a profit margin of 40% I am not selling some other brand merch or products, I can control the price and I can control the number of people I am selling my products to. I can Private label my product. 40% margin and 60k Revenue do the math yourself. My dropshipping store is not dynamic and makes stable revenue every month I don't go broke with a 60k sale a month to none next month like the youtube Gurus because I have worked with purpose or private labeling and long term branding. Dropshipping with a mindset to create a brand and slowly moving into E-commerce with actually owning the inventory is the key. If your friend is selling some very famous brand products with such low margins it doesn't make dropshipping bad it is just because he is stupid. Before you start with Chinese products its easy to find US supplier I sell products in the USA and without being In US with no Problem! My friends in USA were able to private label their products but they started with a dropshipping model. DO a bit of research about BlendJet as well Thanks.
Nothing is easy the youtube Gurus make it seem easy to sell their courses but even then it requires capital to start not everyone can afford to have that capital.Getting into dropshipping is not the same as getting into network marketing or affliate marketing PEACE
When I read a wall of text like this I always feel like that person is trying to prove something they are not 100% sure about. That said, if it's working for you, why do you need to prove yourself to other people? I mean, you are making bank, aren't you?
Definitely and that's why i said i respect his opinions and it worked for me so that was the reason i was being defensive. I am definitely making an execution thread right nowWhen I read a wall of text like this I always feel like that person is trying to prove something they are not 100% sure about. That said, if it's working for you, why do you need to prove yourself to other people? I mean, you are making bank, aren't you?
That's GreatI appreciate it a lot, also he's now working for a very big ecommerce and he landed that job mainly because of his own site, he's getting paid so much it's actually insane.
Just didCreate an execution thread, look forward to seeing what you are doing.
You might need to read them again.Just to clarify, is this the E=Entry point of dropshipping that violates CENTS?
It would tick the other 4 points in my opinion.
No it doesn't brands like Gymsharks and blend jet are dropshipping model based. It fulfills everything and if we work in the branding end we are basically creating an asset from 0
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