Dropshipping is a HORRIBLE Business & You Shouldn't Do It

  Рет қаралды 1,812,086

Jake Tran

Jake Tran

Күн бұрын

Пікірлер: 5 300
@jaketran
@jaketran 2 ай бұрын
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@JoshRyan
@JoshRyan 5 жыл бұрын
The irony of getting a dropshipping ad before this video haha
@PatrickLimitless
@PatrickLimitless 5 жыл бұрын
me too haha
@larrysal8866
@larrysal8866 5 жыл бұрын
I got 3
@TuiCatNZ
@TuiCatNZ 5 жыл бұрын
Me too
@goncaloaraujo6644
@goncaloaraujo6644 5 жыл бұрын
Exactly
@jacklawson4104
@jacklawson4104 4 жыл бұрын
All of them were
@Nev.14
@Nev.14 3 жыл бұрын
"The ad you're about to see is probably about dropshipping" ...yep
@rg-shot
@rg-shot 3 жыл бұрын
Lmao i got one too
@WillowSkyes
@WillowSkyes 3 жыл бұрын
same
@blue_jellybean7057
@blue_jellybean7057 3 жыл бұрын
Took me a minute to realise it wasn’t a joke
@devinnix9071
@devinnix9071 3 жыл бұрын
Lol me to
@hundredtwo918
@hundredtwo918 3 жыл бұрын
No lie I didn't even know it was an ad, I was like "Is this clickbait?, I thought the video said dropshipping is a horrible idea so why is dude trying to convince me to buy a course about drop shipping lol"
@austin-lb5uu
@austin-lb5uu 3 жыл бұрын
The fact I got a drop shipping add literally immediately after he says “you might even get a drop shipping ad right now” is something beautiful
@StreamHGF
@StreamHGF 3 жыл бұрын
It shook me 😶
@tomaszrock226
@tomaszrock226 3 жыл бұрын
It’s called targeted ads
@freeze2869
@freeze2869 3 жыл бұрын
I got a drop shipping ad before the video even started
@farsta8
@farsta8 3 жыл бұрын
I got it before 😅
@BigPeeOfficial
@BigPeeOfficial 3 жыл бұрын
It's cause this video is about dropshipping 🙂, on a business channel
@crzune
@crzune 2 жыл бұрын
Problem with the Dropshipping 1) No control of shipping times 2) No control of inventory 3) Generally low profit margins 4) High competition these days
@Riikkyy
@Riikkyy 2 жыл бұрын
then people realize you can drop ship through amazon directly and get rid of half of those issues
@crzune
@crzune 2 жыл бұрын
@@Riikkyy of course, most people who start dropshipping on eBay and Amazon without a proper plan to address those 4 issues and usually get kicked off the platforms. Either way you still don't have the best prices because the person whom you buy your stuff from has already put their profit. There are some ways around this though.
@Riikkyy
@Riikkyy 2 жыл бұрын
@@crzune yes I’ve tried it and didn’t work out for me think I picked the wrong products
@crzune
@crzune 2 жыл бұрын
@@Riikkyy You have to find a niche, try looking at KZbin videos there are people that have grossed from 100k to 1 million. You can also look at sold listings on eBay to see what is good to sell
@ballsack1039
@ballsack1039 2 жыл бұрын
@@Riikkyy drop shopping with Amazon is getting phased out. They’ve made some changes that make it difficult to dropship through them.
@KarlRock
@KarlRock 4 жыл бұрын
I wondered why "successful" drop shippers were selling courses on Instagram. Thanks for explaining.
@jishenprakash3500
@jishenprakash3500 4 жыл бұрын
Wow never would have thought to see you here! Cheers to India haha!
@maha-tg7df
@maha-tg7df 4 жыл бұрын
People who have a business-oriented mindset tend to capitalize on as many things as they could, that's why. They simply want to have multiple sources of income.
@gurpreetdhillon2
@gurpreetdhillon2 4 жыл бұрын
Omg pewdiepie!!
@TheSparkart
@TheSparkart 4 жыл бұрын
@@maha-tg7df nah, cuz dropshipping is all about branding and marketing..... when everyone is selling toothbrushes, whoever can spend the most money on advertising and branding wins.
@alfredharrison597
@alfredharrison597 4 жыл бұрын
They were selling "success" lmfao
@thompsonator4696
@thompsonator4696 4 жыл бұрын
"Why is this ad you're about to se-" Plays dropshiping ad......
@jaketran
@jaketran 4 жыл бұрын
lol
@logansmith4198
@logansmith4198 4 жыл бұрын
Lol same thing happened to me
@Johnny_Dragonball
@Johnny_Dragonball 4 жыл бұрын
Lol same just happened to me
@Master-vh2wm
@Master-vh2wm 4 жыл бұрын
The same happened to me
@theflamedragons
@theflamedragons 4 жыл бұрын
Same=)))
@sciencoking
@sciencoking 4 жыл бұрын
When there is a gold rush, sell shovels
@CJWigh
@CJWigh 4 жыл бұрын
good point
@heavengrim769
@heavengrim769 4 жыл бұрын
Agreed, it's more stable and safe
@yashrakholiya5622
@yashrakholiya5622 4 жыл бұрын
What about selling the course for gold mining
@Milanor
@Milanor 4 жыл бұрын
BrO tHatS deEp. ..
@HereticJon
@HereticJon 4 жыл бұрын
hell yeah
@sourkoyote
@sourkoyote 3 жыл бұрын
I have to come home EVERYDAY & argue with my brother over this shit. He SWEARS that “if we do this dropshipping thing for long enough, we can quit our jobs and hire our mom as an employee.” I’ve tried & tried & tried to tell him that shit like this would have been a good idea in 2011, but Amazon has stepped their game up. If you figure out how to do something better than them, they’ll undercut you. If you figure out how to be nicer, they’ll drop their prices. If you figure out a unique product, they’ll make it for cheaper. Amazon wins. I’m so sick of coming home & having to talk to a brick wall that’s trying to get me to throw my money away with him on a fake business model.
@layeed1234
@layeed1234 3 жыл бұрын
lmao, dropshipping aint a business model... it's a fulfillment process. The business Ins't drop shipping it's an online store selling a product(s). He aint building a dropshipping store, hes building a business, which for now fulfills their products through a manufacturer... maybe quit putting him down and let him understand this. edit: actually nah, scrap that, keep putting him down, because thats what I had to go thru lmao.
@mylesmurphy5716
@mylesmurphy5716 3 жыл бұрын
@@layeed1234 don’t give up if it didn’t work bro !
@layeed1234
@layeed1234 3 жыл бұрын
@@mylesmurphy5716 nah brother its going well now ahah
@mylesmurphy5716
@mylesmurphy5716 3 жыл бұрын
@@layeed1234 okay good bro !
@blurgh7706
@blurgh7706 3 жыл бұрын
@@layeed1234 do i need to put money into drop shipping to start? lmao
@cowboy4378
@cowboy4378 4 жыл бұрын
“Where does money come from” The Fed: my printer
@mikeyforrester6887
@mikeyforrester6887 4 жыл бұрын
Actually money really is created when banks loan it. It has nothing to do with "creating value". I have had plenty of jobs where I worked hard and got fired, and jobs where I sat around doing jack and made money.
@kevinfoster2163
@kevinfoster2163 4 жыл бұрын
Brtttt
@MobileAura
@MobileAura 3 жыл бұрын
New Lamborghini.
@Matanumi
@Matanumi 3 жыл бұрын
Money is created from bitcoin loans
@salamandiusbraveheart4183
@salamandiusbraveheart4183 3 жыл бұрын
Business as usual for Demoncraps
@powerselfkaizen
@powerselfkaizen 5 жыл бұрын
*gets hit with a kevin david shopify ad when opens on incognito mode*
@setha6096
@setha6096 5 жыл бұрын
I also got Copyright Kevin ad. Lol
@ZachWeiss
@ZachWeiss 5 жыл бұрын
yeah but kevin david quit so that should be a dead give away
@DamonNeal
@DamonNeal 5 жыл бұрын
I did dropshipping for a couple years. I wasn't "making millions" but I did make a full time income. I would not make make customers wait 3 weeks for their product though. I would usually test a product using a "pre-order" method in which if I got enough traction on a product, I'd order the product in bulk and use a fullfillment center in the US, that way new customers would have sub 5 day shipping times. Unfortunately I have shiny object syndrome, and that's why I eventually quit. Dropshipping isn't dying as a whole, but dropshipping from China is.
@DamonNeal
@DamonNeal 5 жыл бұрын
@UCCBLun1xZVdGtWJa9lTP2Aw it's basically the inability to focus on one business or idea/get bored easily. I made a video on my channel called "why many entrepreneurs fail" that goes into detail a little bit.
@Kasram
@Kasram 5 жыл бұрын
Damon Neal what he said ^
@BlakeTedKord
@BlakeTedKord 5 жыл бұрын
Damon Neal Whats the logistics behind buying in bulk and then shipping it to a fulfillment center in the us? Do u check the bulk products for any defects before u tell the center to start shipping? What’s the cost for shipping it from fulfillment centers?
@ScotDykstra
@ScotDykstra 5 жыл бұрын
@@BlakeTedKord The dude is trying to sell stuff, just like this channel is. Its all to cast the widest net possible and "catch" as many people as possible for their products.
@user-vi4xy1jw7e
@user-vi4xy1jw7e 4 жыл бұрын
What's a "full time" income?
@ZoeAlleyne
@ZoeAlleyne 2 жыл бұрын
I got dropshipped once, I was tricked into thinking it was a hand made product. It turned me into a more suspicious buyer and if I find out someone is dropshipping I will never buy anything from them.
@andrew3448
@andrew3448 2 жыл бұрын
good
@barlowike9814
@barlowike9814 2 жыл бұрын
Half the products on Amazon are dropshipped!
@ZoeAlleyne
@ZoeAlleyne 2 жыл бұрын
@@rum410 No, don't know why I would when I can just get them from the source cheaper. Not unless I need it really quick.
@ZoeAlleyne
@ZoeAlleyne 2 жыл бұрын
@@rum410 then they wouldn't be going to Amazon if they were after those things.
@lilsand.
@lilsand. 6 ай бұрын
@@ZoeAlleyne Can helping with answer? I try that so long for without conclusion is can be the answer. If you are think that being when can if do that of is where wasn't can be without it. Do when bring is of it can you up is of there? Or can bring when be of that is? ? Because when they are there is the in of doing with them they are that ones. So if are they that one is you and without then? When do so can if it was there when it will didn't can then how does it went to that before there is on timing inside without them?
@n3gi_
@n3gi_ 4 жыл бұрын
"Money comes from providing Value" Stock Traders: I have to disagree.
@catfunt5583
@catfunt5583 4 жыл бұрын
80% of day traders lose money
@Andrew-ri5vs
@Andrew-ri5vs 4 жыл бұрын
Stock traders provide capital, which inherently has value
@alberto6305
@alberto6305 4 жыл бұрын
Depends if you’re talking of a day trader or someone who plays the long game lie warren buffet
@etiennelamole9565
@etiennelamole9565 4 жыл бұрын
Stock traders are useful to give a value to an entity. But they are way overrated
@Andrew-ri5vs
@Andrew-ri5vs 4 жыл бұрын
Etienne Lamole Capital is incredibly important
@NoahDitlefsen
@NoahDitlefsen 4 жыл бұрын
The ad your about to see is probably about dropshipping as w- "HEY GUYS IM GONNA TELL YOU HOW TO EARN 10 000 A MONTH BY DROPSHIPPING ONLY 1 ITEM A DAY"
@haikalxxfikri
@haikalxxfikri 3 жыл бұрын
Up
@paddaboi_
@paddaboi_ 3 жыл бұрын
mine said 12 000 by the end of the week
@KrazeElk
@KrazeElk 3 жыл бұрын
I was so shook when I got the dropshipping ad I just... watched the full thing in awe.
@jzdude01
@jzdude01 3 жыл бұрын
Love that I got a drop shipping ad in the middle of this video, where the ad explicitly talked about a point you just debunked seconds before the ad played.
@muIIiner
@muIIiner 3 жыл бұрын
because he can choose where to put the ads
@lilsand.
@lilsand. 6 ай бұрын
@@muIIiner If you are think that being when can if do that of is where wasn't can be without it. Do when bring is of it can you up is of there? Or can bring when be of that is? ? Because when they are there is the in of doing with them they are that ones. So if are they that one is you and without then? When do so can if it was there when it will didn't can then how does it went to that before there is on timing inside without them?
@muIIiner
@muIIiner 6 ай бұрын
@@lilsand. HUH
@lilsand.
@lilsand. 6 ай бұрын
@@muIIiner just can answer C'mon this one mate helping ?
@FrozenFox20
@FrozenFox20 4 жыл бұрын
"Why is this ad you are probably about to -" *DROPSHIPPING AD NUMBER 3*
@ashutoshroy9351
@ashutoshroy9351 4 жыл бұрын
Exactly ! Wtf
@okas425
@okas425 4 жыл бұрын
LMAOOOO
@peter8317
@peter8317 5 жыл бұрын
Hey Jake. Good video! Here's an alternative viewpoint. Dropshipping, while in most cases is not the greatest long-term business model, it's an EXCELLENT way for beginners to quickly learn a bunch of business/digital marketing skills. Anyone that goes through the process of running a dropshipping business from start to finish has to learn how to: 1. Do market research & competitor analysis 2. Decide on a business name and register a domain 3. How to setup Shopify / email accounts / payment processors / edit themes 4. How to design a logo & edit images / use photoshop / video editing software 5. How to write good website copy, product descriptions, ads and come up with different marketing "angles" 6. Set up social media profiles & run Facebook ads 7. Read data, set up reports, manage cashflow and look at business metrics like COGS, ROAS, ROI etc. 8. Basics of conversion rate optimization /split testing 9. Source products, deal with suppliers & negotiating 10. Writing job descriptions, interviewing/hiring staff, writing SOP's and training manuals ... and more! These skills are all invaluable and best of all, transferable to any future ventures/projects! Just my 2c :)
@averagemilkshake6173
@averagemilkshake6173 5 жыл бұрын
totally agree, that's why I am getting into it. Looking it as a value and experience provider, rather than quick way to make money
@potatopower2410
@potatopower2410 4 жыл бұрын
Agreed 100%
@alystdesign
@alystdesign 4 жыл бұрын
truth. I am a graduate of design and advertising stuff but I have learned more than what I've learned from school.
@drmosaddegh
@drmosaddegh 4 жыл бұрын
a·ly·gra·phy that’s probably because you didn’t apply what you learnt into the real world. real life experience is worth more than studying that something
@Aldrimon
@Aldrimon 4 жыл бұрын
Bro this aint 2 cents. You gave more content than what "Dropship gurus" sell for $100 lol
@deanesco
@deanesco 4 жыл бұрын
Yeah don't trust people who sell courses. So I'm not trusting you too
@charles_hayes
@charles_hayes 4 жыл бұрын
You Legend
@ohheyezz3046
@ohheyezz3046 4 жыл бұрын
yeah its true tho and they all say that its very cheap on amazon but the same object on amazon costs 10 while on aliexpress its like 2 so dropshopping will still continue
@kapambwekapambwe4131
@kapambwekapambwe4131 4 жыл бұрын
Report to maintenance so we can recalibrate your savage meter
@0dyss3us51
@0dyss3us51 4 жыл бұрын
Lol
@ogueyratogeyrat7448
@ogueyratogeyrat7448 4 жыл бұрын
Dude i can give you a good course join me getting milion a day just send me mail
@Milspecmax
@Milspecmax 3 жыл бұрын
“This ad you’re about to see is probably about dropshipping.” This man is an Oracle
@MichelZelff
@MichelZelff 5 жыл бұрын
two words: Impulse buy.
@mgishustling3752
@mgishustling3752 4 жыл бұрын
Exactly
@SweetSourPickle
@SweetSourPickle 4 жыл бұрын
Consumerism.
@sawyer-m8f
@sawyer-m8f 4 жыл бұрын
those two words wipes the guy's whole video, cheers for the work on the video tho!
@TheMonkeyNetwork
@TheMonkeyNetwork 4 жыл бұрын
Impulse buy from a random drop shipping store? Yeah right...
@MichelZelff
@MichelZelff 4 жыл бұрын
@@TheMonkeyNetwork Yea like everyone knows what a fkn dropshipping store is lmao do you even know how business works lol people just want to buy what they see without thinking about it
@brook280
@brook280 4 жыл бұрын
drop shippers are just advertisers, they move products for businesses in china. They are just a middle man and get paid compensation for the effort. Drop shipping is a impulse sale business. Now Amazon sells from stores, takes time to browse and is just like any other business like ebay etc. Drop shipping will always be around
@hijack69
@hijack69 4 жыл бұрын
@Capybara with mandarin true. I was surprised when he said there's no value to it
@longbeach225
@longbeach225 4 жыл бұрын
Also drop-shipping typically focus on a niche. They sometimes include a blog with their site giving their customer more information. Amazon too big for that so they have slightly less care for customers.
@shannushannu5494
@shannushannu5494 4 жыл бұрын
1:16 Drop Shipping with aliexpress may die but dropshipping as a whole - Nah!
@yeahokaycoolcool
@yeahokaycoolcool 4 жыл бұрын
True. I don't impulse buy a whole lot, but there's a market for it because tons of people do. Think of why they put candy bars by registers at Walmart or lottery tickets right by the checkout in gas stations. It's the same premise, just with an online platform. I don't think that's dead because a lot of people are still as impulsive as they've always been.
@longbeach225
@longbeach225 4 жыл бұрын
@@shannushannu5494 COVID-19 put that in the coffin already. Shipping times way too slow. I'm hearing like 3 months in some cases. It is difficult to find a good supplier in the US though.
@airplanemode101
@airplanemode101 2 жыл бұрын
Anyone with experience can tell you fast shipping times doesn't matter. If someone wants something, they'll buy it and forget about it until it arrives. I've made thousands from dropshipping products that take 2-4 weeks to arrive, nobody cares.
@jcillo619
@jcillo619 3 жыл бұрын
Because money doesn't come from providing great value, it comes from having great marketing.
@youknowwho9203
@youknowwho9203 3 жыл бұрын
True
@drewdebrocke2656
@drewdebrocke2656 3 жыл бұрын
shortterm dropshipping works but longterm it bites you back
@keihazuki22
@keihazuki22 3 жыл бұрын
@@drewdebrocke2656 It depends on how you approach the dropshipping. Mini market/convenience store in an essence is a dropshipping business that exchange the convenience and availability without adding any value to the item itself, which meaning that even without adding value to items, you can still make profit. Justin above already pointed that marketing is a viable exchange for profit. MLM(not a pyramid one) is an example of exchanging marketing with profit. Marketing items that has no selling power outside of its own region internationally will give you profit. There is also availability option where you can only get certain item from dropshipper like obtaining branded items with its branded quality but without the logo.
@DC-wk7yo
@DC-wk7yo 3 жыл бұрын
It comes from exploiting the surplus labor value of your workers
@shamashel
@shamashel 3 жыл бұрын
@@keihazuki22 Ehh, convenience stores can general buy their stock with bulk or wholesale prices, meaning the cost to the customer remains sane. Dropshippers, on the other hand, literally just place an order and have it shipped to their customer when their customer makes the order, meaning the customer literally could have just bought the same thing for a lower price from the source. The whole point of drop shipping is that you don’t need to hold any stock, meaning you can’t get bulk or wholesale discounts. The only value you’re adding is marketing, but remember that a certain amount of marketing had to be done for you to find it in the first place.
@olivereckert2492
@olivereckert2492 5 жыл бұрын
People say dropshipping is dead for ages. I think it's good because that means less idiots.
@never1960
@never1960 5 жыл бұрын
Exactly less competition😂
@Justin_Jnado
@Justin_Jnado 5 жыл бұрын
Yeaaaa its amazing😊
@fiducia9571
@fiducia9571 5 жыл бұрын
You right its a good thing finally
@hammerotongo4677
@hammerotongo4677 5 жыл бұрын
fewer idiots. Not less.
@relaxispower
@relaxispower 5 жыл бұрын
How much are you guys making, would be nice to have your opinion instead of some influencer trying to sell his course, have you had any trouble to start, how was it?
@emperorza5777
@emperorza5777 4 жыл бұрын
Literally as soon as you said “you’ll probably an ad about drop shipping” one popped up at that exact moment
@jaketran
@jaketran 4 жыл бұрын
😂
@Glotisverdiamerdorifkelmzvur
@Glotisverdiamerdorifkelmzvur 3 жыл бұрын
Dropshipping is literally a business that basically works as a sales division to a warehouse manufacturer. And sales is one of the most valuable industries in an economy, basically all things are secondary.
@4evertrue830
@4evertrue830 3 жыл бұрын
Sales is the secondary non valuable part of any economy.NO the real sector of any economy is manufacturing.
@josephbrennan370
@josephbrennan370 3 жыл бұрын
It is literally an artificial business tbh. It creates nothing and just creates inefficiency in the economy.
@poloska9471
@poloska9471 3 жыл бұрын
To the two folks above me who replied: Next time you want to buy something, try going to a manufacturer and getting your stuff from them. I’m sure you’ll be back to your favorite sales people before you know it.
@willmahoney1545
@willmahoney1545 3 жыл бұрын
@@poloska9471 would you rather have an economy of majority sales people or an economy of manufacturers look at the difference between china and US
@marcomartins3563
@marcomartins3563 3 жыл бұрын
Sales isn't an industry
@TheXtrafresh
@TheXtrafresh 3 жыл бұрын
Mate, that ad callout at 7:15 was utter perfection. "Do you want to start a dropshipping business with .... *skip ad*" So very satisfying to know that dude wasted his money on that ad.
@fatboycrew6649
@fatboycrew6649 3 жыл бұрын
Probably made it back several times over through his course
@ingenieroriquelmecagardomo4067
@ingenieroriquelmecagardomo4067 3 жыл бұрын
Only gets charged if you clicked it tho
@richcast66
@richcast66 3 жыл бұрын
At a million views on this video, you shouldn't underestimate how manh gullible people are out there
@fireflymiesumae
@fireflymiesumae 3 жыл бұрын
True
@mohammadzafar7891
@mohammadzafar7891 3 жыл бұрын
He doesn't pay for skipped ads, only if its clicked or you watch it for 30s or something
@marcosarg1
@marcosarg1 4 жыл бұрын
It is only dead if you treat it as a "get rich quick"scheme, but if you treat it as a business, that is whole different game.
@BernishaDumas
@BernishaDumas 4 жыл бұрын
MarcosArg right any logical person knows to have multiple streams of income. Nothing wrong with an extra income for a profit income. it’s about what you do with your earnings not how long it takes you to get it.
@papito9898
@papito9898 4 жыл бұрын
It's true the only wrong thing in those online classes are the expensive houses with the get rich quick but even amazon wasn't made in one day you still have to put the work in if you want it to work
@mjt1517
@mjt1517 4 жыл бұрын
It's not dead...it's horrible. Because you're selling shit products that take forever to deliver. IF they deliver at all.
@ahmedmani1051
@ahmedmani1051 4 жыл бұрын
People are not stupid they know where to find exactly that product for way much cheaper
@nikolasubotic1931
@nikolasubotic1931 4 жыл бұрын
@@ahmedmani1051 People are not stupid?😆 Are you stupid?
@jingweychristopherlaw8573
@jingweychristopherlaw8573 4 жыл бұрын
The ad u abt to see is probably abt dropshipping as well "All these gurus, youtubers and experts out there....." Ah shit here we go again
@hamsreal
@hamsreal 4 жыл бұрын
That adds so annoying, he got sued for something aswell
@MrRazielKOH
@MrRazielKOH 2 жыл бұрын
Hey, I know I'm a couple years late, but I've heard it said that Amazon subsidizes their storefront because it actually loses them money. Their real focus is on cloud computing. So pretty much everything you said is accurate. Dropshipping isn't as profitable as one would think, but Amazon is playing the long game, trying to drive its competitors out of business before it starts raising prices to make it a profitable venture. Or so I've heard it said.
@3nertia
@3nertia 2 жыл бұрын
Welcome to capitalism heh
@malpaca3045
@malpaca3045 5 жыл бұрын
Dropshipping is only dead if you look at it like a get quick rich scheme which they don’t exist. If you put in the time and work it takes you can have a successful dropshipping store
@zacharypeterson4178
@zacharypeterson4178 4 жыл бұрын
This is, however, a relatively risky niche that comes with small margins and with great effort It's not terrible, but also no great
@v3ike
@v3ike 4 жыл бұрын
@@zacharypeterson4178 wth are you talking about lol it's a business not a niche and it's not risky
@zacharypeterson4178
@zacharypeterson4178 4 жыл бұрын
@@v3ike Not risky in a traditional sense but if you rely on it like, as stated above, a "get rich quick" scheme, you're gonna be dissappointed
@v3ike
@v3ike 4 жыл бұрын
@@zacharypeterson4178 if you look at any business model with that mindset then you will lose money. I've been dropshipping for a year and it is my only source of income. You can be very profitable with it if you put the time and effort in.
@zacharypeterson4178
@zacharypeterson4178 4 жыл бұрын
@@v3ike It looks like we agree with one another. Provided one puts in sufficient time and effort into dropshipping, it becomes quite a great industry to be in.
@jewelsvevo8153
@jewelsvevo8153 4 жыл бұрын
Ayy who remembers when Soulja Boy tried drop shipping the “Soulja Game”
@cloudy1723
@cloudy1723 4 жыл бұрын
Yes furry, I do
@wdev9327
@wdev9327 4 жыл бұрын
tried? he did and made millions lol
@rickr937
@rickr937 4 жыл бұрын
He didn't try, he succeeded hahaha finessing people that soulja fella
@Thelastdynastic
@Thelastdynastic 4 жыл бұрын
@@wdev9327 didn't he get sued by Nintendo?
@kraaii3761
@kraaii3761 4 жыл бұрын
Soulja boy invented dropshipping
@zestycomps882
@zestycomps882 4 жыл бұрын
Im a very visual person, and watching videos like this with relatable video clips helps tremendously in keeping my attention and retaining information. Keep it up
@ShadraqsVids16
@ShadraqsVids16 3 жыл бұрын
I tried dropshipping for 2 months and ended up with -300 dollars because of ebays ridiculous selling fees. Thanks for telling the truth about dropshipping in tired of people telling others its a great side hustle. The amount of time and effort isn't even worth it even if you can profit some.
@Ko-gy1kd
@Ko-gy1kd 2 жыл бұрын
Why would you use ebay tf
@PhilOfficial1
@PhilOfficial1 2 жыл бұрын
Why ebay and why giving up so fast
@ShadraqsVids16
@ShadraqsVids16 2 жыл бұрын
@@PhilOfficial1 Because ebay is always on the buyers side. I had several items where the buyer said it didn't arrive, they got a full refund, the item the next day or a few days later and ebay says too late this case is already closed. You can be profitable but the amount of work is not worth the little side money you MAY get.
@mrolaifa
@mrolaifa 2 жыл бұрын
@@ShadraqsVids16 why would you use eBay and not shopify?
@ShadraqsVids16
@ShadraqsVids16 2 жыл бұрын
@@mrolaifa whats shopify and whats the difference.
@darren714x
@darren714x 4 жыл бұрын
Thank you for making it so there’s less competition
@SoolMovies
@SoolMovies 4 жыл бұрын
ahahaha
@MM-su4gu
@MM-su4gu 4 жыл бұрын
Ayy we need more videos like these lmao
@TheWowzor
@TheWowzor 4 жыл бұрын
hahahaah shit
@Robert-fc9xz
@Robert-fc9xz 4 жыл бұрын
hahaaahhaa
@DrLarisaVarenikova2016
@DrLarisaVarenikova2016 4 жыл бұрын
Exactly 😁😁😁
@aimoney83
@aimoney83 4 жыл бұрын
Says he doesnt like selling courses *sells course in description*
@coolio5477
@coolio5477 4 жыл бұрын
They’re all the same
@Hyppetrain
@Hyppetrain 4 жыл бұрын
@@zeapic8500 eh, when he says "I dont say CHECK IT OUT, ITS IN THE DESCRIPTION"... it takes 10 IQ to realise what hes doing... though I admit it was kinda funny
@Hyppetrain
@Hyppetrain 4 жыл бұрын
@@zeapic8500 ok, fair
@bryanramirez1280
@bryanramirez1280 4 жыл бұрын
He didn't say he didn't like selling courses.
@Nanomachines5on
@Nanomachines5on 3 жыл бұрын
Get rich easy courses sell false promises. That is difficult
@mohammadrana2745
@mohammadrana2745 4 жыл бұрын
Theres a lot of confusion so I wanna clear some things up. Dropshipping is just a fulfilment method. Theres a lot of different ways you can incorporate it into your business. I sell supplements on eBay for different brands and the supplier offers dropshipping instead of buying in bulk. You have to actually find the product and market the product and run the ads. Your just connecting buyers and suppliers just like any other business. I’ve been doing it for a over a year on eBay and its really profitable and sustainable especially during the pandemic. I use domestic suppliers so 2 day shipping not 3 weeks. You said there’s almost no value. That’s like saying marketing agencies provide no value. You said it’s been around for a few years when its been around for well over a decade. I’m assuming you took a shopify dropshipping course and got no results so your putting down the whole business model when you can do it on eBay, Amazon, Etsy etc. Not hating on you I just think your misinformed.
@nzmanhdee6246
@nzmanhdee6246 4 жыл бұрын
Markets oversaturated.
@ikobi4807
@ikobi4807 4 жыл бұрын
Shhhh my guy, don't say it so loud. They might actually come to their senses.
@raven6955
@raven6955 4 жыл бұрын
Isha Ashi yes just tell them it’s saturated less completions for us
@mohammadrana2745
@mohammadrana2745 4 жыл бұрын
@@nzmanhdee6246 you can't just say it's oversaturated. Dropshipping is a fulfillment method, why would the fulfilment method affect anything. You could say a specific niche is oversaturated but even that's a stretch since saturation has pros and cons of its own.
@vibing1089
@vibing1089 4 жыл бұрын
Ebay trash i lost money becouse of false complinates and the sellers always wining these disputes i nearly lost my invest of £200 becouse one custumer sayed it dint work even tho is was fully tested.
@ihavecripplingdepression-q1h
@ihavecripplingdepression-q1h Ай бұрын
4 years later: There' still a shit ton of people who made ridiculous money with Dropshipping
@clipsfromtheinternet2571
@clipsfromtheinternet2571 4 жыл бұрын
Drop shipping is dead buy my courses on how to get a job in the description... I dont know man, why should i trust what you say ?
@xSuaarez
@xSuaarez 4 жыл бұрын
facts
@munirwarygg7209
@munirwarygg7209 4 жыл бұрын
You don't
@KA-vs7nl
@KA-vs7nl 4 жыл бұрын
It's obvious, people want less competition. Think for yourself.
@ianm8218
@ianm8218 4 жыл бұрын
K A exactly
@tridentfx2443
@tridentfx2443 4 жыл бұрын
@@KA-vs7nl No lol
@BananaKyat
@BananaKyat 5 жыл бұрын
Yea I'm going to have to disagree with this video. Dropshipping is literally just a business model where the product is made on-demand instead of beforehand with a low barrier to entry. It's going to take the same amount of energy and wits to develop a profitable and sustainable business. Your views are very narrow especially about "best prices".... A company like Apple is almost the opposite of "best prices", so that shouldn't even be mentioned. Also, about "fast delivery", it's absolutely up to you the business owner to choose good suppliers with good reputations who can deliver effectively if you're not doing it by yourself (like literally every other model that buys something and sells it at a higher price for profit, aka the majority of businesses). Finally, the point about "big selection" doesn't even apply because many companies build their entire existence around a single product. Just because of Jeff Bezos' quote (which you based your entire video around) was said, it literally means nothing in regards to your premise that "dropshipping is dead". That was a big extrapolation and one that isn't even completely analogous. The tone of your video suggests that you are just talking about people who are bad at business in general, which is to say they don't know how to "provide value" effectively and thus profit from it. Selling low quality crap isn't a business. If you make a product that people want, they will buy it if you provide it at the right price. It has nothing to do with "dropshipping". So I'm going to have to disagree that "dropshipping is dead, because it isnt. That's like saying retail and wholesale is dead. What's actually dead and has always been dead is selling crap. Tl;dr Very weak points. Nice editing though.
@ProppaC
@ProppaC 5 жыл бұрын
I agree with you, but to be honest, the ones that are making money from dropshipping are the ones who don't sell courses and the ones who had been doing it for years. Thats the honest truth!
@BananaKyat
@BananaKyat 5 жыл бұрын
@@ProppaC yea exactly. Selling courses on KZbin gives dropshipping this sketchy vibe and it just comes off as a scam when in reality it's just a result of social media course selling trend cashing in on an unsaturated market.
@ProppaC
@ProppaC 5 жыл бұрын
@@BananaKyat Just like Amazon FBA...look at Kevin David. He recently posted a video about how he is now quiting youtube right after he got exposed and I notice in all of his videos he took down his courses smh and he makes thousands of bucks for each video he post on youtube just from ads itself, so why would you quit(exposed)?.Most of these gurus are fake as hell and a lot of them are being exposed by coffeezilla.
@BananaKyat
@BananaKyat 5 жыл бұрын
@@ProppaC funny you should mention that name. I recently started watching his exposure vids lol.
@ProppaC
@ProppaC 5 жыл бұрын
@@BananaKyat lol same here, Im sure these gurus want his head right now
@CheapSoda1
@CheapSoda1 4 жыл бұрын
When any given industry experience a rise in "how to" videos and online gurus the industry is saturated and selling a course is more profitable than the actual business - In short, you're fighting the odds and won't make money, because you're too late.
@Angry-Lynx
@Angry-Lynx 3 жыл бұрын
Well said, imo
@lil_jong-un6668
@lil_jong-un6668 3 жыл бұрын
Yep. Looking at you, NFT
@Thor-Orion
@Thor-Orion 3 жыл бұрын
@@lil_jong-un6668 um… NFT’s aren’t like a specific business. The reason why people are making videos on it instead of trying to make money on it themselves is because they don’t actually understand it. And the average person should not be “investing” in NFT’s to begin with.
@Mark-Joyce
@Mark-Joyce 5 жыл бұрын
Dropshipping is all about brand building going into the 2020’s.
@Lui_Cee
@Lui_Cee 5 жыл бұрын
Exactly
@jasondeblou6226
@jasondeblou6226 5 жыл бұрын
literally, everyone is saying that every year since like 2016 lol
@DaviAreias
@DaviAreias 5 жыл бұрын
Good luck wasting time on building a brand when you haven't even hit more than 10k in revenue.
@treysanders4129
@treysanders4129 5 жыл бұрын
Davi Areias bro it’s the opposite way around, build your brand and brand awareness which will eventually lead to revenue.
@BradySchall
@BradySchall 4 жыл бұрын
"Build your brand" is what every bullshit financial guru says on youtube
@connorbyers
@connorbyers 4 жыл бұрын
Dropshipping is entirely possible as a long term business as long as you treat it as a business and not a "business out of a box" (most people dont follow this!). Focus on US suppliers, and a good customer experience, and its entirely possible for everyone to leave satisfied.
@earthface9191
@earthface9191 4 жыл бұрын
Connor Byers - Making Money Online how do you find us suppliers
@connorbyers
@connorbyers 4 жыл бұрын
@@earthface9191 posting a video about it today!
@luthor24127
@luthor24127 4 жыл бұрын
Yeah, no bias here. Listen to Connor Make Money Online.
@connorbyers
@connorbyers 4 жыл бұрын
@@luthor24127 It's not bias, it's personal experience. I have dropshipping stores i've been running for 7+ months with customers completely satisfied. Jake has a great point that most dropshippers are just in it to make a buck and dont care about customers, and that's not a sustainable model. If you address this issue, you can be very successful.
@luthor24127
@luthor24127 4 жыл бұрын
@@connorbyers Not gonna link me your course?
@lottiefrey7401
@lottiefrey7401 3 жыл бұрын
You summed it up beautifully, however another problem with dropshipping is the cheap and or child labor, exploitation and the unethical conditions the workers have to endure in the factories that provide these online stores with cheap products. Remember, everything has a price and if you're not paying it, someone else has to do it for you under less fortunate circumstances.
@sandearcubus9299
@sandearcubus9299 3 жыл бұрын
I guess that's fair but it isn't like most of the shit on Amazon is any better.
@gothicbbmelvin
@gothicbbmelvin 3 жыл бұрын
You literally just described the majority of how products are manufactured. Glad you finally got woke when it became about the average citizen making money off the backs of those sweat shop workers instead of big businesses.
@Richardafolayan
@Richardafolayan 3 жыл бұрын
@@gothicbbmelvin ong
@alexforce9
@alexforce9 2 жыл бұрын
People always forget that the cost of living in those countries is lower than theirs. Coz its "cheap" labor in comparison with your country, but in theirs it may be just regular.
@mxo9656
@mxo9656 2 жыл бұрын
Same for all the other sellers.
@shortykean4071
@shortykean4071 2 жыл бұрын
Drop shipping isn't horrible. I am doing it for three years already, and now one of my stores generates 2000$ monthly. I used to spend hours on product research, but now I have my products prepared by hunting service from wz dropshipping. They add five new products every week. They need some time to find trending ones, I guess.
@goshdiddlydarnjpentranslat6873
@goshdiddlydarnjpentranslat6873 2 жыл бұрын
Its an awful practice, you should feel bad about what you are doing.
@bronsonz-1500
@bronsonz-1500 2 жыл бұрын
@@goshdiddlydarnjpentranslat6873 why, nobody ever gets the original price anyways. Whatever product you buy, the seller bought it at a wholesaler price, something you buy thats 20 bucks cost the seller 3 bucks. And various sellers sell it at a different price.
@thekraken1173
@thekraken1173 2 жыл бұрын
@@goshdiddlydarnjpentranslat6873 Why?
@thekraken1173
@thekraken1173 2 жыл бұрын
@@goshdiddlydarnjpentranslat6873 What makes it awful?
@shortykean4071
@shortykean4071 2 жыл бұрын
@@goshdiddlydarnjpentranslat6873 Why should I feel bad?
@williamzhang7083
@williamzhang7083 4 жыл бұрын
"no I promise I won't sell you a course at the end" Jake, you're straight meming here.
@Maxdude27
@Maxdude27 4 жыл бұрын
Dropshipping single products is dead. Building a brand and general dropshipping isn't
@korasavage3650
@korasavage3650 4 жыл бұрын
How the fuck im making 5figures with single products ?
@lamasan.220
@lamasan.220 4 жыл бұрын
@@korasavage3650 because of impulse buyers, simple as that. As long as those are still arpund you got that bag secured
@Solid_Snake99
@Solid_Snake99 4 жыл бұрын
@Omer Seth he's selling counterfeit goods from aliexpress
@ocbackup6830
@ocbackup6830 4 жыл бұрын
Can somebody help me I drop ship but I ran into a problem because PayPal put a hold on the money so I can’t make a order and they only release it when they receive it but I can’t let em receive it because I’m droppshipping hellppp
@NeonKue
@NeonKue 4 жыл бұрын
@@ocbackup6830 Hahaha that’s what happens when you decide to be a drop shipper. Get caught up when merchants snuff you out.
@RossLemon
@RossLemon 3 жыл бұрын
As an update on dropshipping I heard that Amazon's new policies make dropshipping with them impossible. So dropshipping, at least with Amazon, is in fact 100 percent dead as of 2021. Anyone still trying to sell you on Amazon dropshipping in 2021 is a course selling scammer.
@AverageAngel
@AverageAngel 2 жыл бұрын
What’s their policy?
@pebblesandlilly
@pebblesandlilly 2 жыл бұрын
That is 100% bullshit lmao
@michelgurung6252
@michelgurung6252 2 жыл бұрын
Dont know bout amazon dropshipping but Amazon FBA is still good right?
@NaohMkS
@NaohMkS 3 жыл бұрын
I think your views on this topic kinda run against the whole idea of capitalism. The idea is to generate as much profit as possible as efficiently as possible, not offer value strictly speaking. Of course it is assumed the free market would weed out lesser competitors but the success of an enterprise isn't really directly linked to value (real or perceived) nowadays imo
@ryanleecastillo4070
@ryanleecastillo4070 3 жыл бұрын
yes! i was following him up until the part where he said that amazon provides low prices and fast shipping because they care about their customers. like lol no they care about their customers’ wallets
@bennymerlin2001
@bennymerlin2001 3 жыл бұрын
Many people say that dropshipping is dead in 2021. The problem is, they can't find the right products which is, in my opinion, the most important thing for this type of business. If you are struggling to find a so-called "winning" product or you don't have so much time to run and test products, I would recommend some "hunting" services like wz dropshipping or others...
@the2pages62
@the2pages62 3 жыл бұрын
People call my business a drop shipping business. I do the same thing the next 20 bigger companies in my business do. It’s stupid lucrative and anyone can come in
@frog6054
@frog6054 3 жыл бұрын
@♃_неороманист_♃ Their comments seems suspicious but kinda "real". The bots are getting smarter!!
@chickenman9184
@chickenman9184 3 жыл бұрын
away with you, bot
@ImminghamIronhead
@ImminghamIronhead 3 жыл бұрын
I worked for a bricks-and-mortar vacuum cleaner shop in the noughties, we had stock for the shop, but our entire online presence was facilitated by drop shipping from the manufacturers. The margins were tiny so one return wiped out three sales; luckily the product was rock solid so this rarely happened, but I wouldn't try it with anything and everything.
@cbeausoleil
@cbeausoleil 4 жыл бұрын
This is so true! I've attempted to create my own dropship, print-on-demand Shopify store (actually... a couple) for the last 9-10 months and eventually had to drop everything completely for these exact same reasons, and a few more. I even tried to ignore "nay-sayers", like this video for example, but eventually came full circle with the exact same realization. The main conclusion (among many) I kept circling back to time and time again is "value"! And I'm not willing sacrifice to the quality of the product I sell, or the service I offer just to make a quick buck.
@simongossner5707
@simongossner5707 3 жыл бұрын
Many people say that it is dead in 2021. The problem is, they can't find the right products which is, in my opinion, the most important thing for this type of business. If you are struggling to find a so-called "winning" product or you don't have much time to and test products, I could recommend some "hunting" servies like wz dropshiipping or some others as well... Feel free to share your suggestions!!
@JohnSmith-qb1gw
@JohnSmith-qb1gw 3 жыл бұрын
I suggest you go spam somewhere else.
@chr0n0s17
@chr0n0s17 3 жыл бұрын
Shitter. Nobodies gonna use your dumb site.
@reisiramv
@reisiramv 3 жыл бұрын
lmao business to sell businesses their products that they're not even selling
@michaelb9940
@michaelb9940 3 жыл бұрын
These companies are good at creating a hype and bringing in people to WORK for them! Just like Uber and Lyft (aside from its flexibility) when you run the numbers including your car’s depreciation and maintenance - you realize you’re making $10/hour at most. Drop shipping is worse than all of that combined. Plus for most people, you’re in business of ripping customers off with super low grade and quality products with 3 months shipping delay. In the process dropship founders will cash out big
@kap1526
@kap1526 2 жыл бұрын
Mom does uber and she makes aboit 25/30 an hr with no English.
@gavindunlap724
@gavindunlap724 4 жыл бұрын
As someone, who is too young (15) to get a full time job, drop shipping seems like a good way for me to spend my time. I understand I might not be profitable, but I will learn a heck of a lot about e commerce along the way.
@oriaseth
@oriaseth 4 жыл бұрын
Soo true, it doesn't have to be a long term business, just get good products products to satisfy you're customers and then get you a profit
@isaacbaker540
@isaacbaker540 2 жыл бұрын
Go outside and mow your neighbourhoods fucking lawns
@businessoutsidethelines
@businessoutsidethelines 4 жыл бұрын
A few months ago, a friend told me he was getting into drop shipping...Money was tight but it only cost $xxx to join and this cute girl told him she made a bunch of money selling water filters. All he had to do was run some FB ads! I ask him how much money he had to spend on Facebook ads. He screamed at me because I "didn't understand!" 2 months later, he'd started a new business helping construction contractors bid projects, something he's extremely good at!
@businessoutsidethelines
@businessoutsidethelines 4 жыл бұрын
@T Martin My apologies, I wasn't clear was I? He was only getting into it because of the cute girl. He had no clue what he was getting into... He got angry with me but followed up on what I'd told him and realized it wasn't the right thing for him! Once he stepped back and took a look at it he realized he could leverage his years of experience and contacts as a contractor and make money contracting to do bids for people! But I know several people who got sucked in and spent a lot of money before they realized they were making money for someone else at their own expense... Not that it can't be done, just that it's stacked against you.
@DutchPlanDerLinde
@DutchPlanDerLinde 2 жыл бұрын
I have never found a single thing i searched for on amazon, i still have no idea how that happened.
@joeypeppheroni
@joeypeppheroni 4 жыл бұрын
Good take on it! I think that when people are like "I'm going to sell this mug with a dog on it and make millions" and that there are these "influencers" punching that narrative to get people to buy their course, I think there's a problem there. Personally, I plan to use drop shipping as a way to fuel a larger brand, with hopes of phasing out dropshipping and manufacturing things on my own. I think it's a good first step for people to start a brand, but I think it's definitely overhyped as a get rich quick scheme.
@XX2043XCZ
@XX2043XCZ 3 жыл бұрын
Keep on grinding and you’ll get there. I’m currently starting the same. Building your own brand is one of the best ways to make good money. Drop shipping will only add onto the skills you’ll need to build your own name!:)
@themarketingguy
@themarketingguy 3 жыл бұрын
And how's that going so far?
@thegoated2965
@thegoated2965 3 жыл бұрын
update man?
@lizardjr.7826
@lizardjr.7826 3 жыл бұрын
How's your brand going?
@Angry-Lynx
@Angry-Lynx 3 жыл бұрын
It doesn't exist 😂 jk
@Coldsteak
@Coldsteak 4 жыл бұрын
"i wont have a course at the end, so that's why i put it in the middle"
@redengineer4380
@redengineer4380 4 жыл бұрын
I'd like to take a moment to appreciate exactly how insane the Amazon logistics network is. I'm not big on the whole "capitalism" thing, but the ability to ship something from one side of the planet to the other in 24 hours is _damned_ impressive.
@Withnail1969
@Withnail1969 4 жыл бұрын
amazon doesnt do that.
@Slinkai
@Slinkai 3 жыл бұрын
they don’t do that but their fast delivery would be cool if they weren’t putting their delivery workers into huge stress for minimum wage lol
@robdeskrd
@robdeskrd 3 жыл бұрын
I think the airplane should get most of the credit for that and a lot of what's left would go to U.S.P.S who actually finalizes delivery, provides the tracking, offers the package insurance &, is somehow able to do all that with a MASSIVE forced 75 year pension prepayment requirement & had to deal with Trump taking away mail sorting machines to help his electoral chances & set the stage to privatize the postal service
@maximillianafrancine1451
@maximillianafrancine1451 2 жыл бұрын
No. It doesn't get to the customer on other side of the planet the next day but within the US it does, which is impressive, yes.
@justthatnoodle
@justthatnoodle 2 жыл бұрын
it makes it even better to see ads for dropshipping courses on this video
@renni9813
@renni9813 4 жыл бұрын
"In fact the add you're about to get is probably about drop-" Me: *gets dropshipping ad*
@Pulsepixelss
@Pulsepixelss 4 жыл бұрын
Renni it happen to me as well 😂
@jaketran
@jaketran 4 жыл бұрын
lmao
@hauntologicalwittgensteini2542
@hauntologicalwittgensteini2542 4 жыл бұрын
And me too
@bobangoranovic2001
@bobangoranovic2001 4 жыл бұрын
Yeah me too
@calebbird445
@calebbird445 5 жыл бұрын
I've droppshipped before, did not make money. I went into with the "I want to fire my boss" attitude
@P1345-d9p
@P1345-d9p 4 жыл бұрын
Get into fx trading bro fxdanielsavage on ig or myliferealquick on ig both teach it👌 make money online and then ditch fire ur boss lol 👌
@a.g.hustlegarland4197
@a.g.hustlegarland4197 4 жыл бұрын
Hey guess what example I'm new to.dropshipping I'm making money I'm not a quitter
@JKDCOSTA
@JKDCOSTA 4 жыл бұрын
Maybe because you suck at it...?
@alinaseitbekova195
@alinaseitbekova195 4 жыл бұрын
Aaron Garland is it still good during pandemic ? Or do you order in bulk and store in warehouse ? Do you sell to us only now or to worldwide ? Thanks !
@danielmeng6090
@danielmeng6090 4 жыл бұрын
It means yiu suck, doesn’ t means shit didn’t work
@connorridgway4298
@connorridgway4298 4 жыл бұрын
amazon "we are cheap" everyone outside the us "HELL NAW I AINT PAYING $60 SHIPPING"
@primeroyal7434
@primeroyal7434 4 жыл бұрын
Yes. I was suprised when Ebay showed me 376$ shipping fee.
@user-hs2hd7wp9g
@user-hs2hd7wp9g 4 жыл бұрын
It sucks so much when you don’t have eBay / Amazon in your country, shipping prices are just insane
@primeroyal7434
@primeroyal7434 4 жыл бұрын
@@user-hs2hd7wp9g lol Amazon and Walmart supposed to come in my country this year, but they are nowhere to be found.
@primeroyal7434
@primeroyal7434 4 жыл бұрын
@@user-hs2hd7wp9g I wanted to order a cheap old Dell Optiplex PC. The shipping fee was $374.
@Esper320
@Esper320 4 жыл бұрын
Stopping being a europoor lol duh
@BiznessCrewAu
@BiznessCrewAu 2 жыл бұрын
Hi. I'm an Australian based business consultant. I strongly disagree with your opinion. I am very familiar with dropshipping and know the model well. It has weaknesses and problems. I personally wouldn't dropship even though I am involved in trading and exporting. I can do an detailed interview with you about the concept, as well as discuss issues with Amazon. I think Amazon will have issues sooner than dropshipping will.
@xandercorp6175
@xandercorp6175 4 жыл бұрын
"I reply to every single comment on my videos"... success is a beast that makes liars of us all.
@Efishrocket102
@Efishrocket102 4 жыл бұрын
Dude your comment is old as hell, you have to comment when the video goes up you tard
@Naelglrm
@Naelglrm 4 жыл бұрын
6:52 Dropshipping never has been a long term option for anyone, it is a launcher, you make money for cheap with hard work and then you re invest in stocks etc.
@bobdaniels3692
@bobdaniels3692 3 жыл бұрын
nah you would go into real estate you get more of a bang for your buck when you don't have a lot of cash then you yolo the rest in stocks your really convicted in like tesla
@MrRaja
@MrRaja 3 жыл бұрын
Re invest in real estate and airbnb that shit out for easy 3-4k income per house.
@illberightback5015
@illberightback5015 3 жыл бұрын
@@MrRaja true
@dillonfishing
@dillonfishing 5 жыл бұрын
“That right there is oxana”
@MarvinTrades
@MarvinTrades 5 жыл бұрын
Lol😂
@dylanstarrofficial
@dylanstarrofficial 4 жыл бұрын
😂😂😂
@IR088Y
@IR088Y 2 жыл бұрын
No joke I really got an ad about drop shipping halfway through this video 💀
@290revolver290
@290revolver290 4 жыл бұрын
Give this guy an award 🥇. He’s the real deal.
@aba22125
@aba22125 5 жыл бұрын
At the end of the day, money is nothing more than a byproduct of value creation
@SteveRam
@SteveRam 5 жыл бұрын
Interesting perspective. With my 6-figure online businesses created I’ve never done drop shipping, I’m not saying it’s bad, but there’s also the issue of quality control. Was the correct item shipped? Was the item damaged prior to shipping? During shipping? So many unknowns if you don’t have items first hand. But if the products aren’t as susceptible to potential issues like this, drop-shipping could potentially be a good business model. BTW your editing is always 🔥💯
@RizzoDaManiac
@RizzoDaManiac 5 жыл бұрын
Real estate ‘gurus’ are just as cringe worthy as Shopify gurus
@balojames1084
@balojames1084 4 жыл бұрын
@@RizzoDaManiac These "gurus" don't even practice what they preach. They earn their money by selling their bs courses and these idiots buy the courses and quit their jobs xD
@PexLis
@PexLis 10 ай бұрын
Me: *searches "exposing dropshippers"* KZbin: "how to start dropshipping business step by step"
@sloopfan3706
@sloopfan3706 4 жыл бұрын
That “ad you’re about to see” worked perfectly lol
@Maximdietz
@Maximdietz 5 жыл бұрын
Ok how do you only have 25k subs... your videos are all top notch, interesting, and insanely well produced...
@jaketran
@jaketran 5 жыл бұрын
THANKS!!
@theturtle9810
@theturtle9810 4 жыл бұрын
And now it's nearly 200k
@coreyblow1442
@coreyblow1442 4 жыл бұрын
"Your next ad is probably about drop shipp-" "Hey guys, this is a picture of your future amazon business" This video is pure gold
@madinge711
@madinge711 2 жыл бұрын
Unfortunately this video didn't age well. Drop shipping from aliexpress is only used to test an item to see if consumers actually want to buy it. After you establish a base with your selling that's when you move to 3PL or private agents that will help you connect directly with manufacturers and lower your your shipping times to a couple days. This way you can store inventory and move on from a short-term drop shipping model to a long-term e-commerce business.
@confusedlofi
@confusedlofi 2 жыл бұрын
Exactly
@-Plube-
@-Plube- 2 жыл бұрын
How do you talk to private agents with social anxiety? Sounds kinda dumb but do I really need to talk to them or can I just email them/text them.
@chandler5712
@chandler5712 4 жыл бұрын
I was such an idiot to do a drop shipping course. And it was from a 17 year old, I hate myself for it. But it was a huge learning experience.
@anon2916
@anon2916 3 жыл бұрын
did you try it?
@chandler5712
@chandler5712 3 жыл бұрын
@@anon2916 I did, wasted $100 on Facebook ads and got 0 sales
@Kakashi_hatakeee
@Kakashi_hatakeee 3 жыл бұрын
@@chandler5712 bro dropshipping is not a rich quick scheme you ve been doing the same shit as the other desperates out there
@faustosantovito7106
@faustosantovito7106 3 жыл бұрын
*Dropships through Amazon* Jake: "Wait, that's illegal"
@kevincherian8190
@kevincherian8190 3 жыл бұрын
This was more enlightening than I expected it to be. Thanks Jake
@chris2790
@chris2790 3 жыл бұрын
Love that this had one of those "I gotta secret and make tons of money" ads that's probably drop shipping . Either way, it's so good that they're going to share it with you, and give themselves competition. And spend time letting you know about it, because they're such generous people.
@AlvinJing
@AlvinJing 4 жыл бұрын
Dropshipping might be a good business 10 years ago, it's not any more today. It's just basic economics. When supply and demand reaches equilibrium in a perfectly competitive market, no value add can be created, successful business turns into marketing tactics to sell online courses, based on the experience that no longer works.
@amdhook1422
@amdhook1422 4 жыл бұрын
True
@raydjyoti
@raydjyoti 4 жыл бұрын
Supply-demand? Lol. This is such a textbook way of reasoning, it's flawed.
@RobertJJ3
@RobertJJ3 3 жыл бұрын
Holy crap, the midroll ad was a drop shipping guru and it had me rolling
@Lodus_beatbox
@Lodus_beatbox 2 жыл бұрын
MVMT watches are a scam. You can buy unbranded versions of “their” watches for 1/5 the price that they sell.
@joshgordon8942
@joshgordon8942 4 жыл бұрын
Huge misconception: Dropshipping is a buissness Dropshipping IS NOT a buissness. Dropshipping is merely a METHOD of handling inventory inorder to improve a businesses cash flow. A buissnesses cash can be entangled or tied up in mainly 2 places: Inventory and accounts receivable (people who owe the business money - loans to other entities ect...) Therefor when A business uses a dropshipping modle they have a lot of cash that can be put to use in marketing and operations instead of being tied up in inventory. another way to look at this is a pre order modle. this also helps a businesses cashflow as cash is not tied up in inventory. Tesla did not invest billions in to cyber trucks and have tens of thousands of them ready for sale. They did a pre order model where they brought a MVP ( minimum viable product ) to the market. they offered pre orders that gave Tesla 2 important things: 1) proof of concept , meaning they now have proven that the market reacted well to the product launch 2) cash from pre order deposits which helps the cash flow and can be put to work in product development. Tesla could have invested billions and had tens of thousands of cyber trucks ready for sale, but they and many other businesses prefer to diversify there cash and risk by using a "lean start up" model approach. There is no diffrance whether a business holds its inventory or pays for its inventory as a pay as you go modle also known as dropshipping. as regards to shipping times : if the supplier has inventory in the country you sell in you can provide decent shipping times. Once you have proven proof of concept and you product is selling well and there is no way to source it from the country you are selling in should you start using a diffrent inventory method for you business and start buying whole sale hope this brought some value and would love to hear thoughts
@bekzodhakimov4573
@bekzodhakimov4573 4 жыл бұрын
Cmon let him be typical worker like he is right now. He claims he has achieved freedom, but still he needs to work his ass off to get coding projects on freelance websites, it is still working for someone else. He needs to keep working with ppl and listening to clients (like his boss). Getting paid hourly. Pff. Good luck for him. You know some people are not meant to be entrepreneurs.
@user-tz7tr4mj9o
@user-tz7tr4mj9o 4 жыл бұрын
@@bekzodhakimov4573 who?
@AizakkuAnalysis
@AizakkuAnalysis 4 жыл бұрын
@@bekzodhakimov4573 You sound like a salty dropshipper.
@mattecscc
@mattecscc 4 жыл бұрын
I can't totally agree with the video... The "Amazon way" is just that, one way of making business. Luxury or "big selection, low prices and fast shipping" aren't the only ways of adding value. Dropshipping is a lot about "winning products" and niches exactly because people usually won't spend hours looking for the coolest and/or newest products on AliExpress. In a world of stores with very big selections (like Amazon), dropshipping is almost like a curated service, presenting products to people that they didn't know existed but would like to buy. That's how I see dropshipping. Even though I don't do it myself, I'd say it still has room to grow a lot.
@danielbayda6950
@danielbayda6950 4 жыл бұрын
👏
@zachariah7114
@zachariah7114 4 жыл бұрын
Facts!! You nailed it. “Dropshipping is almost a curated service” 👏👏👏 exactly. Not to mention presenting it in simply a more “trustworthy” way than the Ali listings, improving on the copy and description, etc. AND even on Amazon’s own site, many drop shoppers operate lol. And on Etsy. To pretend it’s an all or nothing scenario is disingenuous.
@mattecscc
@mattecscc 4 жыл бұрын
@@zachariah7114 Yeah! People that create successful dropshipping stores invest a lot of time to creating great descriptions and cool pictures. It sounds easy, but I'm sure it's not xD
@PredatoriaMoon
@PredatoriaMoon 4 жыл бұрын
You dont even do it, your opinion is not valid. Thank you come again
@zachariah7114
@zachariah7114 4 жыл бұрын
noobmaster 69 maybe his isn’t but mine is and I stand by my statements.
@jamiesullivan5502
@jamiesullivan5502 4 жыл бұрын
Had to scroll for a good while to find an unbiased video on dropshipping. Learnt a lot, very interesting video.
@thebearcouncil8810
@thebearcouncil8810 3 жыл бұрын
Can't have a dropshipping dragging video without a dropshipping ad.
@robertcalinescu78
@robertcalinescu78 5 жыл бұрын
Dropshipper here making over six figure income. I think you make a big mistake right off the bat by comparing Amazon to dropshipping. The idea is the same, you sell stuff online in a shop, but the ideology behind the purchase can not be more different. You target people off Facebook with ads with dropshipping and appeal to the customers desire of buying stuff spontaneous, look at it as TV shopping but on Facebook. You go to Amazon when you know need soemthing, new headphones or new frying pan. Like I said, diffrent...
@atanas_anastassov
@atanas_anastassov 5 жыл бұрын
Hello, is there anywhere I can contact you? I want to ask you a few things about dropshipping if possible.
@jurajteluch8662
@jurajteluch8662 4 жыл бұрын
I lost 20 000 dollars with my Amazon business. I'm done, never again.
@vvvios
@vvvios 4 жыл бұрын
...how?
@Christian-mn8dh
@Christian-mn8dh 4 жыл бұрын
WTH happened!? 😱😱😱
@mickyhouse8753
@mickyhouse8753 4 жыл бұрын
how?
@alus1002
@alus1002 4 жыл бұрын
Make a video on it, monetize, see the opportunities.
@YellowKurt
@YellowKurt 4 жыл бұрын
@@alus1002 If he puts that comment as his title, I'll probably click on it to see what's it about
@Kate2
@Kate2 4 жыл бұрын
“Now there’s probably going to be a dropshi-“ “You know about Amazon right?”
@emiljohansson7574
@emiljohansson7574 2 жыл бұрын
I'm not saying dropshipping is viable business anymore, however there are plenty of businesses that do not create any value for customers that still make huge amounts of money. It's the perceived value that entices customers to justify spending money on your products, how much value you actually provide is irrelevant. Also, ease of use is also a form of value. If your service allows people to find products they otherwise would not have found, that's also a form of value. Think about casinos or designer clothing. Companies that resell Microsoft services like Office 365 and the like make billions of dollars every year. That said, there are other problems with dropshipping, but you cannot neglect the marketing aspect.
@josem7402
@josem7402 4 жыл бұрын
“Why is this ad you’re about to see about drop shippi-“ “Drop shipping made me go broke and here’s why”. LMFAOOOO
@colbzyk2128
@colbzyk2128 4 жыл бұрын
US suppliers, good quality products, branding, good pricing, good presentation= success in dropshipping
@felixromano3091
@felixromano3091 4 жыл бұрын
And tracking number with free shipping
@lordmasterization
@lordmasterization 3 жыл бұрын
US supplier? Those exist?
@thegoated2965
@thegoated2965 3 жыл бұрын
@@lordmasterization yeah just harder to find
@potsuaye69
@potsuaye69 2 жыл бұрын
when clicking in this video, i got an ad from wix that started with the line "hello dropshippers"
@Datfrogaming
@Datfrogaming 4 жыл бұрын
It's hilarious reading all the drop shippers defend their careers in the comments. Nobody is going to disagree that this is legal or that the method of up-selling products hasn't been around forever. The real reason I think drop shipping will slow down in the long run is due to so many customers being burned and receiving way less value than they believed due to the deceptive nature of these sites. I literally haven't talked to a single person who said "Yeah I ordered off a drop shipping site and I would do it again after waiting 4 weeks for my sh*ty product." People recognize the Shopify site layouts, the 24/7 sale that never ends, the 100% customer satisfaction guarantee stamps that mean nothing, and the SAME. DAMN. COMPANY. STATEMENT. time and time again. If the name of the game is deceiving customers in order to get a high conversion ratio of viewers to buyers, I'm out If you're okay running a business that is deceptive BY NATURE to it's customers and you think that brings real value to your life, I pity you. Plenty of legal businesses pray on their customers and in the end, it just goes to show what you believe in as a person and as a business owner. Are you the same type of person to up sell insulin to diabetics because you own the only patent?
@shorouqfayiz2177
@shorouqfayiz2177 3 жыл бұрын
Here is why this video is looking at drop shopping the wrong way. Dropshipping is not meant to be a long-running business, getting into it is a way to start earning an amount of money that could support in maybe making your business bigger or making actual businesses, it was never built for big money. Also, there is value in dropshipping stores, and they're the reason I buy from them myself, it's the fact they provide people with certain products that they would take a long time to look for, and if the store is good, they would have tested the quality too, so they save you two things, time looking for something, and quality variance in online stores. Also, I know this is before COVID, and now shipping is delayed for everyone, but even back in the days where shipping was fine, my country never had the option of same-day delivery, more of, me buying from Amazon means I'll have to pay delivery where a lot of dropshipping sites offer free shipping and delivery. So the whole problem with this video is you took the customer character of an avid Amazon buyer that has the advantages that Amazon offers, and that's not even half of the world's population. The last thing is, as a consumer, at this point, if I want to buy something, I usually follow dropshipping pages and sites, it's better to see the things I like than everything on the internet that I might not be able to buy! It's not a long-running business, especially if you don't grow with it, but there are still a lot of shops that are almost brand names now that people just prefer to go to so they'd buy what they're interested in with good quality. In the end, you defined what a business should be, defined your own perfect consumer, and ignored the fact that by doing that you could pretty much say any business out there is not a business or is not going to succeed. You killed the whole idea of market research and marketing strategies and different consumer behaviours.
@dancarroll3435
@dancarroll3435 5 жыл бұрын
Woah! You predicted the ad at 07:14 I'm speechless!
@ShillBilll
@ShillBilll 5 жыл бұрын
*Stares confusingly in KZbin Red*
@devinisreal9356
@devinisreal9356 5 жыл бұрын
Mine was a Amazon FBA ad.
@onionchopper3475
@onionchopper3475 4 жыл бұрын
Was looking for this comment this dudes a fucking genius
@purplepumpkin3772
@purplepumpkin3772 4 жыл бұрын
for those of us who actually know how the KZbin ad algorithm works... we're not surprised... and those of us who know how advertising works, also know his assumptions on drop-shipping are wrong. but as a dropshipper... please listen to him. I have no issue with this video getting super popular and keeping people out of the business.
@deniseakite8312
@deniseakite8312 4 жыл бұрын
He ddnt predict. KZbinrs place ads at particular points they want in their videos
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