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Unless you started early enough, like a decade ago, or are unusually lucky, it seems like the only way to make money drop shipping is to create a course that pr
by mattkevan 6y ago
Unless you started early enough, like a decade ago, or are unusually lucky, it seems like the only way to make money drop shipping is to create a course that promises to teach others the secrets of making lots of money with drop shipping. Bonus points for standing next to an expensive car and holding a wad of cash for the promo photo.
Of course if drop shipping was so lucrative, they’d be doing that instead of bilking hopefuls with their expensive courses on Udemy or wherever.
- Justsignedup 6y agoEverything about dropshipping reads like a pyramid scheme
- zalkota 6y agoYou don’t buy the product and store it, you just find the customer and the distributor mails it directly to the customers, not you. In a pyramid scheme, you would be buying the product and holding onto it.
- dexterdog 6y agoIn a pyramid scheme you would be tricking others into buying junk for "their own businesses" to sell to other people.
- bigtunacan 6y agoDrop shipping is nothing like a pyramid scheme. It's just a form of arbitrage. You buy from one party for less money and sell to another party for more.
- ryanlol 6y agoUnless you started early enough, like a decade ago, or are unusually lucky, it seems like the only way to make money starting a business is to create a course that promises to teach others the secrets of making lots of money with a business. Bonus points for standing next to an expensive car and holding a wad of cash for the promo photo. Of course if starting a business was so lucrative, they’d be doing that instead of bilking hopefuls with their expensive courses on Udemy or wherever.
- whack 6y ago> it seems like the only way to make money drop shipping is to create a course that promises to teach others the secrets of making lots of money with drop shipping This sounds very lucrative. Are there any courses I can take, which would teach me how to make lots of money by creating courses for others?
- mattkevan 6y agoHa, in all seriousness, I recently saw one of those awful ‘10 easy ways to make money online’ articles, and literally the first way was to create an ebook or course explaining how to make money online. And so the cycle of crap continues.
- netsharc 6y agoI was looking at vanlife content on YouTube a few months ago, and of course the people who end up on YouTube are the "influencer" types. And how do they make money although all they seemingly do is travel in their van? They make content for social media, and of course, they'll sell you an online course on how to live their lifestyle...
- randomdude402 6y agoDropshipping as described in the linked article is bullshit. People are not likely to have long term success selling to Americans online if the customers have to wait some undetermined amount of weeks for the goods to come across the ocean. However, there are plenty of legit dropshippers that sell items already on this side of the ocean. You are probably familiar with Wayfair, but may not know that they were almost 100% drop ship at one time. A couple years ago, most products sold on their site were still drop shipped, though they were beginning to get some warehouses to hold inventory. I have done ecom for dropshippers that sold things like furniture, lighting, bean bags, jewelry, and security systems, where the companies were run from one or two room offices and the products shipped from other companies' warehouses in the USA or Canada. It's very doable once you get the relationships in place. That's not trivial, since these manufacturers and distributors do not make it known that they are willing to drop ship, and they will only do it if you can convince them that you have a legit business already running, but if you get a legit business running and start talking to sales reps, you can absolutely move $500K+ USD worth of product per month without ever looking at it.