New US Regulations just KILLED Dropshipping - IT'S OVER!

  Рет қаралды 7,534

THE ECOM ZONE

THE ECOM ZONE

Күн бұрын

Пікірлер: 60
@theecomzone
@theecomzone Ай бұрын
Support the channel by signing up to Shopify with a free trial and enjoy your first three months for just £1/pm: shopify.pxf.io/Y9m9AB Watch my videos in order: kzbin.info/aero/PLep-t3wpCPkWSJcyYiFsELQGLn-wzALvX&si=3KMmhSu7__qvmZnY. Schedule a 1-to-1 call with me here: theecomzone.com/
@nikhilkhamkar4589
@nikhilkhamkar4589 Ай бұрын
Can I tell you this that I watched many many videos on dropshipping but the way you express and explain makes me feel that you are the most genuine true KZbinr on the Internet. And I am very grateful to you for this. Please keep making videos which educate people across the world and inspire them to make money. You are going to be blessed forever for this with abundance!!! I am going to absorb everything from your videos and learn and try to make it big. I express my deep thankfulness to you for starting this KZbin channel. Although I am from India and it is hard for us to do International dropshipping, I am going to crack it, lets see how. I think the issue is the payment method. But still I hope the best for you and me too. I don't have enough words to thank you. Thank you once again. 🙏🙏
@theecomzone
@theecomzone Ай бұрын
Thank you Nikhil for the kind comment 🙏😎 really appreciate it and I really hope you get that sorted. It's unfair that you have to face issues with basic features like payment processors. Good luck and enjoy the rest of my content. A lot of people feel the same and I'll never change the way I am.
@nikhilkhamkar4589
@nikhilkhamkar4589 Ай бұрын
@theecomzone What a kind reply!! You made my day. I am grateful. Also what are 3 or 4 niches which you think are the best to start dropshipping with? I dont want to do viral products but long term sustainable products. Let me know your thoughts on niches which work and bring back customers? Thank you once again 🙏😍
@Kara-z9b
@Kara-z9b Ай бұрын
Section 301 covers almost every product, not only textiles and electronics, it covers literally everything ever dropshipped. I have looked through the PDF list of section 301. And an Identification number is required, so you need to give your customers Social Security Number as they are the IOR (importer of record) and no customer will give you this information. Yes, for customs and duties you HAVE to give a number, name is not enough. So this might be more serious than let on. And unfortunately not ALL products meet these consumer standards
@tonyh241
@tonyh241 Ай бұрын
Wow thank you for simplifying this for us ❤
@theecomzone
@theecomzone Ай бұрын
You're welcome brother 😎
@Lazalit
@Lazalit Ай бұрын
That is funny. Just last week in Chile, a new legislation has been passed and is put officially in motion the tributary law: - Any purchase below 45 USD has to pay it tax fee (19% additional the total purchase). Until now too many people bought in Temu, Shein and Aliexpress tax free, only shipping cost. - For those shady or not registered businesses: All bank entities are forced to report to our IRS if there are more than 50 or more deposits movements in a month, or over 100 within a semester.
@theecomzone
@theecomzone Ай бұрын
Yeah seems like a lot of governments aren't liking the dropshipping model but it's not our fault that they keep taxing the hell out of their local companies = raise product prices = lower conversion rates = lose lose situation. Wow 19% tax on items below $45, surely it should be the other way round sigh. UK has the threshold at £135 sale price and companies have to pay the VAT tax for any orders below £135. If the order value is above £135 then the customer pays for customs but the parcel value is less than £135 as we pay less on AliExpress.
@barsk76
@barsk76 Ай бұрын
@@theecomzone In Turkey; the government drop the de minimis rule from 150Euros to 30Euros and this literally finished buying online from Aliexpress for Turkey. Even Aliexpress sellers are not wanting to send products to Turkey anymore because Turkish customs make clearance difficult. It is because the local shops and manufacturers are forcing the governments because they cannot compete with China prices. Same at the UStoo I think. Local e-commerce giants like Amazon and Walmart is probably behind this because Shein and Temu cut the Amazon and Walmart profits. Once this legislation passes Amazon FBA sellers will increase their prices rapidly because there worn't be Temu and Shein anymore as a competitor. The US Citizens will pay between 5x-10x more to buy the same products.
@dinhphungle77
@dinhphungle77 Ай бұрын
@@theecomzone so you just need to pay VAT for the pacel less than £135 in UK right?
@junhong7616
@junhong7616 Ай бұрын
Really helpful update man, subscribing
@theecomzone
@theecomzone Ай бұрын
You're welcome. More to come when there are more details. They want this regulation to pass before the end of the year but I don't know how likely that is.
@Sunnyleads
@Sunnyleads Ай бұрын
Great video brother. I was wondering about this when I saw a video on this topic a few weeks ago.
@theecomzone
@theecomzone 22 күн бұрын
You're welcome, we'll see how it goes with Trump running for president as well now.
@israrawan8805
@israrawan8805 Ай бұрын
First 10 seconds broke me
@theecomzone
@theecomzone Ай бұрын
Haha it's okay, for now nothing to worry about but I'll keep you all updated
@charlenemcgreig3865
@charlenemcgreig3865 Ай бұрын
Me too 😮 I was noooo I'm building my store ready for Valentines 😅❤
@marthe4943
@marthe4943 Ай бұрын
Me too I got over 600 products on my store now 😢could you imagine 😮
@Snerdoff
@Snerdoff Ай бұрын
thanks for putting this together💜
@charlenemcgreig3865
@charlenemcgreig3865 Ай бұрын
Thanks for addressing this ❤
@theecomzone
@theecomzone 22 күн бұрын
You're welcome Charlene, I hope you're doing well!
@robobotek581
@robobotek581 Ай бұрын
I hopefully just found my first and winning product and then I got this notification😬 good that is not so bad as title say😂 I am following you for probably three months (found you on reddit) and I must say I learned a lot from you and that you are the one who I trust. Wish you all the best, you deserve it💪
@theecomzone
@theecomzone Ай бұрын
Nothing to worry about now but definitely test different countries just in case the US does pass this regulation. But even if it does pass it may take a while for it to actually kick in. I still don't understand how they will sort through all the parcels coming into the US. Good luck with your new products! Make sure to find complementary products to build a branded niche store.
@OyeKapil
@OyeKapil Ай бұрын
As i finished 2 hour video yester and said you're gem 💎 bro... Through i am late to the party of drop shipping or ecom i will make it big for sure also in india now its not easy to direct ship from AliExpress and it has never been easier as indian consumers are different from than most of top countries still people doing it. We have to crack it. I am in the process one day will let you know that i made it. thanks for your amazing content.
@theecomzone
@theecomzone 22 күн бұрын
I'm glad that video helped you! There is also part 2 so definitely check that out. I also have a playlist of my videos in order so you can learn to dropship from A to Z.
@kkgkgkgkgkgsfgsgf
@kkgkgkgkgkgsfgsgf Ай бұрын
Thanks for your great videos , I like your honesty and truth at all of your videos, I have a general question: even that I ask from AliExpress supplier to remove invoice and marketing material, the customer still can see that the shipping is from China? and if so , what is the reactions of the customers? Thanks!
@olol2905
@olol2905 Ай бұрын
Is it better to have the resolution on 4K for the ad videos and the images/videos in my shop?
@theecomzone
@theecomzone 22 күн бұрын
Nah 2k is enough, you don't want slow loading speeds on your website either
@EnglishwithTeacherKileba-u3z
@EnglishwithTeacherKileba-u3z Ай бұрын
What do you think about ecwid platform? Can you please make a content related to both Shopify and ecwid.
@theecomzone
@theecomzone Ай бұрын
Never heard of this app. I don't really like to be the guinea pig to new apps and I don't suggest others do too.
@kmg1663
@kmg1663 Ай бұрын
Hey man, love your content! In my experience, FB ads, being an interruption marketing method, only works great if the product is very eye-catching and have high conversion rates (problem solvers). Things like jewelry, clothes, home decor usually won't work well since they have lower CTR. I saw you talking about these niches a lot. What's your experience with promoting style-oriented products on FB?
@KubaKania-n8b
@KubaKania-n8b Ай бұрын
people in uk who get products in from china are fine right?
@theecomzone
@theecomzone 22 күн бұрын
Yup the only problem is businesses have to pay UK VAT which is 20% of your sale below £135. It's hefty asf and definitely reduces profits.
@matsumekai
@matsumekai Ай бұрын
😂😂😂😂 love the intro!
@theecomzone
@theecomzone Ай бұрын
Haha had to be done. There are always solutions to problems.
@keepwondering_
@keepwondering_ Ай бұрын
Interesting. This will happen in the EU too then, good to anticipate
@keepwondering_
@keepwondering_ Ай бұрын
you guys are lucky it's only for specific sections, here in the EU they will take all lol, countries are too small
@kmg1663
@kmg1663 Ай бұрын
What product price range may do well with facebook ads now? I havn't used it for years
@theecomzone
@theecomzone Ай бұрын
Anything above $50. Anything less you'll struggle to make a profit especially when scaling unless your product goes stupid viral and people just buy.
@Forzz365
@Forzz365 Ай бұрын
Big up from Sweden u are doing a great jobb bro. I have a question? People tell me that dropshipping from aliexpress is dead and that there are som different ways to do dropshipping?
@theecomzone
@theecomzone 22 күн бұрын
I've been doing it for 4 years and it's not dead. Many of my subs are making money from products sourced on AliExpress.
@Dark_4real
@Dark_4real Ай бұрын
the ads on your videos already paid your bills don't worry
@theecomzone
@theecomzone Ай бұрын
If you think a few thousand views will pay my bills then you're wrong haha I rely on my dropshipping store to generate income
@relaxingoceansounds
@relaxingoceansounds Ай бұрын
Good explanation i wanted to ask this is related with this topic but with trump elected as president and he plans to increase tarrifs on chinese import goods do you think this will affect dropshipping alixperess and the deminis rule?
@VirtualSyrox
@VirtualSyrox Ай бұрын
Its also Affected as Same to Amazon FBA? , Thank you i was asked for this topic in the comment and you made it video ❤
@theecomzone
@theecomzone Ай бұрын
Hmm not sure if it affects Amazon FBA but I doubt it especially if the warehouses are in the US then you're fine. You're welcome!
@whateverc
@whateverc Ай бұрын
Does it count on digital aswell?
@theecomzone
@theecomzone Ай бұрын
Digital Ecommerce is safe, so it's something to look into or just dropship to other markets. I don't think they will implement these regulations soon though even if they do pass as I can only imagine how much work is involved in actually executing it.
@Avidelux
@Avidelux Ай бұрын
if you are scared by these small things, you will not succeed selling to the EU. WAY stricter regulations here
@ppppp1mo
@ppppp1mo Ай бұрын
If i live in uk should I target uk or u.s???
@theecomzone
@theecomzone 22 күн бұрын
I target top 5 countries, sometimes 10. I go through this in my other videos.
@chrisallen1301
@chrisallen1301 Ай бұрын
Does this affect UK dropshippers?
@theecomzone
@theecomzone Ай бұрын
If you're dropshipping from China to the UK then no. If you're dropshipping from the US to US then also no.
@doctoryourself5
@doctoryourself5 Ай бұрын
❤❤❤
@bebet9046
@bebet9046 Ай бұрын
New Sub. 💕Thanks a lot for an honest transparency and Highly Professional Content and guidance🎉 Kindly please advise🤔 honest opinion, if you're Familiar with CJ Dropshipping 🎁 The reason being 🤔Am all the Way from SA ... South Africa 🇿🇦 dealing here mostly With Amazon recently Opened here in SA and CJ... Help✨
@theecomzone
@theecomzone 22 күн бұрын
Thank you for joining! I made a video on CJ dropshipping and honestly I don't know how they're still running, please check out that video.
@IvzVN
@IvzVN Ай бұрын
Instagram link doesn't work
@theecomzone
@theecomzone 22 күн бұрын
My bad I updated it to this instagram.com/theecomzone/
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