Dropshipping
Hey Y'all,
I just wanted to share my thoughts on dropshipping. Dropshipping is a business model where you strike a deal with a supplier and sell their products on your website, ebay shop or any online store and they ship the orders out to your customer. Sounds easy and awesome right? It is but it's not as awesome as you think
When I lost my corporate job a few years ago, I was left with very litle and by little I mean less than 2k in my bank account but that was because I had invested 4k in an ebay course which I must credit my dropshipping success to.
I didn't want and couldn't find another job so I thought I might as well make full use of this course and work day and night studying and implementing it. After weeks, months and even years of hardwork, I can confidently say I have a successful dropshipping business on Ebay.
I have turned over close to 500k in sales over the last couple of years but bear in mind the profit margins of this model are very low. I am talking between 2 and 10% MAX. So if you're thinking of starting a dropshipping business, I'd highly recommend it only if you don't mind having to sell a high volume of products to make decent profits.
Thanks for reading and bye for now,
Kent
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Lol. It wasn't easy in the early days. I hit a lot of stumbling blocks but had to pick myself up and keep going because I was financially struggling. Oh well, at least all the perseverance and hardwork has paid off in some ways :)
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I was interested in Dropshipping but I did not do it as I read all the problems you could have. I then found WA and think this is a much better option for me.
You made it work and you did not give up. That's what it ultimately takes, to not ever give up.