Is dropshipping safe? Received a question from Crystal Blair asking is dropshipping safer than it used to be.
Just over 100 years ago most houses had no electricity, not to mention wifi ! Up to the last quarter of 2020 dropshipping on eBay and Amazon was classified as high risk
All of a sudden technology takes another quantum leap slashing the risks and suddenly
dropshipping becomes commercially viable for the risk averse.
Could Dropshipping now be the ultimate business? It’s 100% online, costs less than $100 to get
going, cash flow positive, can now be fully automated, and… You get paid upfront?
Please leave a comment below and let me know what you think.
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Thanks for your video Neil. Informative as ever.
You mentioned automation tech supplier stock levels and to check and update Ebay listings accordingly. Are you able to tell us what software to use to do that and how much it costs?
Yes the software is https://www.scarcitymanager.com/
Of course. You have mentioned that before. Just forgot about it.
I’ve used 3 drop shippers for both of my eBay stores, did really well from 2, but had to drop the 3rd as they weren’t a true drop shipper as they had another store that was directly selling as your competition, so they made sure that they where selling $20 to $30 under the rest of the sellers and didn’t honour the warranties they had in place.
Drop shipping may be close to being the ultimate business but it does have problems as there are elements of the business that are out of your control. Some of the goods you never see so you don’t know the quality, and there may be shipping / packing issues.
However it is certainly something I would like to try!
Its almost hard to believe how far tech has come in such a short time.
Its also exciting to think what the future holds as the entry to become an online business owner is getting lower..
Hi Neil, thank you for your teachings. I wanted to know if this seminar on drop shipping will be sold in dvd format?
I’m currently finishing off brand new drop shipping course called “Dropship Formula”. Hope to have it finished by September.
This will online as it will be all video based step by step course. It will be to big to fit on a DVD.