JAJT
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This is literally the hottest "passive income" trend right now.
And like all passive income trends, it's a lot of damn work.
Dropshipping went out of favor a while ago when Amazon private labeling got all hot and exciting. The trend has come back around to dropshipping again but in a lot more "tech savvy" way.
I'm in a few facebook shopify groups and I'd say that 80-90% of the folks in those groups are drop shipping. We're talking hundreds to thousands of people, just in a few groups.
You shouldn't be worried of Shopify stealing your idea. You should be worried that you are about 15 months behind the curve on this idea.
I hope you only mean regarding the shipping - because your idea isn't even remotely passive.
What you are describing is starting an online marketing company based around physical product sales.
If you think it's as easy as turning on some ads, running some social media traffic and sitting back to watch 300k orders come in - you are dead wrong. You need to understand how to run traffic and optimize conversions at a well above average level and keep a hawk's eye on those numbers to make sure you remain profitable when platforms change their algorithms or when your ad has hit every eyeball that it can and stops being effective.
And like all passive income trends, it's a lot of damn work.
Dropshipping went out of favor a while ago when Amazon private labeling got all hot and exciting. The trend has come back around to dropshipping again but in a lot more "tech savvy" way.
I'm in a few facebook shopify groups and I'd say that 80-90% of the folks in those groups are drop shipping. We're talking hundreds to thousands of people, just in a few groups.
You shouldn't be worried of Shopify stealing your idea. You should be worried that you are about 15 months behind the curve on this idea.
My goal is to not do anything.
So, since I'm "out of the picture" so much
I hope you only mean regarding the shipping - because your idea isn't even remotely passive.
What you are describing is starting an online marketing company based around physical product sales.
If you think it's as easy as turning on some ads, running some social media traffic and sitting back to watch 300k orders come in - you are dead wrong. You need to understand how to run traffic and optimize conversions at a well above average level and keep a hawk's eye on those numbers to make sure you remain profitable when platforms change their algorithms or when your ad has hit every eyeball that it can and stops being effective.
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