Think Twice Before You Dropship: How to Actually Make Money Online
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- Опубликовано: 7 июн 2024
- You can check out trend rocket here: www.trendrocket.io/
In today’s video I share my thoughts on why I believe dropshipping is the biggest scam in 2022…
And how these no-experience “gurus” are tricking you into buying their BS courses. Then, I’m going to give you a much better way to get rich with E-Com… That won’t get you banned off important advertising and payment platforms.
The Daily Mentor - Scale Your Brand To 8-Figures & Beyond, From Real E-Commerce Experts Who’ve Built $100M+ Brands: www.dailymentor.co/
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WATCH NEXT:
1️⃣ How I Went from $500 to Half a Billion in 5 Years: • How I Went from $500 t...
2️⃣ COMPLETE Shopify Tutorial for Beginners 2023 - Build A Profitable Shopify Store From Scratch: • Shopify Tutorial For B...
WHO AM I?
Hey, if we haven’t met before, I’m the owner and founder of 'The Oodie', one of Australia's fastest growing ecommerce brands.
Timestamps:
00:00 - D-Fog is the way
01:29 - Video intro
02:19 - What is dropshipping?
03:41 - 3 Reasons dropshipping sucks
05:33 - No repeat customers
08:05 - Zero product uniqueness
09:06 - Guru’s psychological tricks
10:22 - The better way to start an ecom brand
DISCLAIMER: The content provided in this RUclips video is for informational purposes only and should not be considered as professional advice. Any recommendations, reviews, or opinions expressed are based on personal experiences and research, and individual results may vary. Viewers are encouraged to conduct their own due diligence and consult with relevant professionals before making any purchasing decisions or implementing strategies discussed in this video. The creator of this content shall not be held liable for any direct, indirect, incidental, or consequential damages arising from the use of information presented herein.
What did you think of this video?
Let me know what you want me to talk about next.
Hi Davie, I appreciate all your videos, they are fantastic and authentic… Can you please talk about klaviyo and email marketing…
Cheers, Silas
The video was pretty helpful and eye opening. Could you also do a longer video on how to make the product unique? TIA and keep up the good work 👏
Can you recommend us resources or people that you trust who provide step by step learning process and support that we can achieve success with them?
Thanks a lot
Can't belive this info is free. I appreciate your work.
It was good Davie but I know people who have paid for a course and found success. I think there are some great paid courses and dropshipping is possible, especially for new businesses. But it has to be done right.
I have so much respect for you, Davie. You deserve every single penny you earned. I hope to run my own brand, not even to get rich, but to be proud of my own little brand. Thanks again.
Good for you but I always got high ambitions for whatever I attempt to start.
One thing I noticed with your channel is you know how to evoke emotion with argument, in phase I you evoked fear/dismay while talking about the cons of dropshipping, the ugly parts of the industry.
And you pulled euphoria/hope towards the end talking about the positives of ecomm -> highlighting your argument for ecomm with appropriately invoking emotion using music and tonality, love it! Learned a lot, information and video creation!
@theVergeRemnant Lmfao and that's what works bro. 99% of the people around you are trying to manipulate you and sell to you. Did you see Iman Gadhzi's digital renaissance?
when you know what your strengths and your weaknesses are and you know where you can improve and when you're determined the only limit is in YOU
Love how you talked your self up D.Fog. Such an Aussie thing. Your content is by far the best on RUclips. Keep up the great work mate.
Hope you enjoyed the video!
@@DavieFogarty absolutely. You are pretty much setting people on the right path to success and keeping them there with your posted content. Is there a way I could get some more clearer answers to questions I’d like to ask you as I go through the process. I promise I won’t bug you with a million questions. Thanks in advance.
I've learned so much with your channel Davie thank you. This is exactly what you are talking about: giving true value to the people.
Hi Davie. I appreciate this a lot. I jumped in guns blazing into dropshipping. It's been 3 months. I did really well at the start, but the further I get into it, the more inefficient I find it to be. I appreciate it in the fact that I have discovered the world of e commerce. But it's just not it. Thank you for voicing this and helping me to not feel alone I'm the struggle. Go well
Really happy to see this issue having a spotlight.
Many of these "Econs" are ruining lives
Love it. 'Econs'.
How are they ruining lives?
Lethal combination of concise information with a sprinkle of motivation mindset and humour a great recipe but one which I'm sure which will be copied by gurus everywhere. Well done.
Thanks!!
So happy I found your channel. I'm 36 years old and not where I want to be in life and its time to make a change. I've been interested in drop shipping for years now and never had the guts to try. Your story is absolutely inspiring. I recently just had the motivation to try e-commerce/drop shipping, And I'm fully aware of the "gurus" selling a course or packages just like theirs those people in every industry ,but hearing you explain it really helped me understand what drop shipping is meant to be for, basically, for product testing or finding a good supplier. Once you find a good product and supplier then you focus on making a brand around that product with a few other products related to your main one. Last night I made a second Tik Tok account, just for finding other brands out there to see how they are doing it. I've been learning a lot from you and a few others on RUclips these past few days and I really thank you. I know I still have a lot to learn but I'm excited to get started! I know it won't be easy but neither is working for someone else your whole life. Thanks again Davie! Can't wait to dig into your content more 🙏
How's your journey going?? Have you made progress with your store?
keep it up it is going to be hard but worth it trust the process, im 20 and making a change like you
Follow up?
Finally! I’m glad you’re calling out these scammers 👏🏾
Andrew Tate is a scammer??
@@golfercode-kh8bd I'd argue that being in an organization with like-minded man is a valuable price... $49 for that doesn't seem that bad if you think about it like that. The courses and everything else comes as bonus.
I saw two of your videos a week ago and became a fan because you are not hyping like others. Then a few minutes ago I was watching other commerce yt video and you were interviewed. I found out you are a legend. i have never respected any other ecommerce people as much as I respect you now. So humble and truthful
I was going down the dropshipping route until i watched this video. Thank you. This makes so much sense!
Love it! Thanks for having you in the platform
I am so glad you made this Video! I started creating my own brand about 6 weeks ago. And in the beginning i thought it might take me 2 weeks or so. But it is muchhhh more than that. And I love it. It just gives me the creativity I want. I don't have to rely on copying from others. And with doing most of the things my self there still is a lot to do. Your video just boosted my confidence because I felt like I was doing something else than others, which could be a bad thing. But you proved me right 🤗
Glad it was helpful!
hey, any updates?
When you say creating your own brand do you basically mean contracting with manufacturers in China to put your logo on some of the products you've found? Or is it something else? Tnx!
This is probably the BEST video I have seen so far as I begin to research how I can develop a side hustle that can add to my life.
I just love you so much bro! Thanks for all the free value! 🙏🏼❤️
THANK YOU! Not enough people talk about this
I firstly thought that dropshipping was get a trending product and then advertize it, then sell it but you opened my eyes for which is the true dropshipping, you are a great inspiration, thx
Mate as a fellow Aussie I find your way of teaching east to follow. Love the honesty.
Awesome! Thank you!
Mate, you just saved me $1000! I was very close to purchasing an Alidropship custom store! So glad I watched your video! I just subscribed and will go through your other videos! Thanks!
Wow, you and Biaheza and the Ecom King are my favorite. Am on the right path 😁
Crazy animation on this video!!!😀Thanks as always
Once again Davie you have delivered a great video. Thank you so much for this free and honest information.
Good stuff. The attitude is what's really important. If it is seen as a phased logistics strategy to validate product-market fit, it is nothing more than clever business execution, never taking focus away from the customer, with remarkably liberal returns and refunds and the fastest shipping times possible even at the cost of contribution margin. Seen this way, it is nothing more than a detail in the execution, no different from your strategy around which ad platforms you use. So although you utilize dropshipping, you're not a 'dropshipping store'. People inflate what should just be a single detail in business execution into their whole identity - "I'm a dropshipper". That's where you go wrong.
I finally understood what a 3PL is, great thing that I was going to do the exact same thing that you talked about in this video(dropshipping to validate ideas and then 3PL) and now I am more confident that I am on the right path.
Glad to hear!
what does 3PL mean?
@@liyanareano4571 Do you not have access to Google search? But it means 3rd Party Logistics..
This is a great video. Just wanted to say I honestly think Dropshipping is making it harder for newer people to get into ecom. I am currently fighting to have ad accounts, before I even finish creating them they are getting banned. I'm not dropshipping but it seems that companies like facebook and Microsoft have adjusted their algorithms to ban accounts if they even think you might be doing so. I don't even know what to do to try and get an ad account through these companies anymore. I purchase the products I want to sell in bulk and ship them myself yet I'm still being blocked from using these ad sites. I've contacted support and all they can say is create a new account and try again yet if you already were banned your website is on a blacklist and gets banned immediately again.
The last 5 minutes are most valuable than tons of videos i watched on youtube about the topic
Hi Davie, Thank you for all of the Information. Ive watched all of your Shopfiy build stores and it was Awesome. You give us all the Knowledge about Dropshipping that i cant describe. Im gonna start my own shopfiy store soon and this is all because you. Thank you for everything. ❤
Awesome, thank you!
Best video about Dropshipping I've seen in a while! Awesome! Very valuable content. Thanks man for sharing this knowledge with the community. 👍🔥
i gotta admit, i'm so lucky that i found this channel, I've learned in life that when someone actually made it and he's trying to tell me how its done, i need to shut up and listen, and put away my ego.
Thanks Daive, for sharing your experience. i were also thinking about drop-shipping, but after your video - i am thinking more about something uniques.=))
Mate, followed you for years since I was still in uni, struggled to make money to pay rent and my tuition fees, dreaming about my online business. Now I'm graduated with debt free (not so proud of it but I did my best) and having my own nail salon. You may not notice this comment but thank you for all valuable information you provided on this channel. I keep thinking about what I can sell online and funny enough I even found winning product in my dream (forgot it in the morning). I feel like I'm very close to it.
Thank you God bless you and your family I am so happy to be part of you
WOW! great video! we need more people like you in this matrix, keep the goodness going. Blessings
I had a Shopify store that made over $25k in revenue within the first couple of days of me opening it. Shopify/Stripe considered it to be suspicious and "high-risk", so they shut down the store and banned me from the platform. They also froze payout for 120 days (not before taking their fee, of course). I can't view order details on the site nor can I offer customers refunds. Some are threatening lawsuits and others are review bombing me on Google and Facebook. I also have upcoming bills that I absolutely cannot afford to pay. It's been a complete nightmare.
Unfortunately this is a common case when dropshipping with Shopify as the platform. You are often putting yourself at risk as reviews become stricter. Unfortunately you'll need to continually focus on contacting support until you can get this case handled while managing your current customers expectations, even if it does result in a negative response.
@@DavieFogarty can you suggest a better platform where this isn't the case?
@@DavieFogarty what can I use instead of shopify ??
So fake lol
@@honeydipped Do they block accounts like shopify?
Great video as usual, thank you for the motivation !
Glad you enjoyed it!
I subscribed simply becuase of the animations and how hillarious this is haha! Also great content! People need to say this!
Well explained video, great to see that you covered every aspect in detail
Thank you so much mate, this was full of value and very informative 👏💯
Thank you for this video. This encapsulate everything about dropshipping and e-commerce very well and how "Gurus" pray on beginners.
You are amazing. Genuine, insightful, providing actual values not just with your ecommerce stores but in your personal business as well. Great rewards always go to people like you!
Thank you Dave. Time for me to build my future. I appreciate your selflessness x
this guy is crazy! his videos always motivate me very hard and give me a push. Thanks a lot man
The value in this is incredible, thank you Davie. From another honest Australian 🌸
Glad it was helpful!
DAVIE your contents are incredible and helps to start my own actual ecommerce brand. Thanks you alot i really appreciate it.
I love the simplicity of this!
Yo the montage/video editing is insane
I was forced to find work and I built an eBay store o=since Covid. They take so many fees Almost 47.5% !! I'm a believer in VIP service. All my buyer's tell me they keep coming because they always feel respected and anything they buy from me, big or small, they know their getting the best quality, bargain and service for life! I need to get off eBay and grow. Thank you for your wisdom. I really needed to hear it. Mahalo!
Great video! I like the fact you cover the negative sides of Dropshipping, Dropshipping is simply a way to reduce risk, some of the biggest businesses in the world use it, it’s all about how you do it and your intentions, if done wrong it can be bad for the consumer
That’s why we as leaders have to teach the right way of doing it
Because it’s truly a great opportunity in my opinion
Stay safe everyone happily new year
Make sure you watch Davies videos in full and subscribe ❤️👑
Yayyy super glad u commented man..
Nice seeing u here kamil
@THE ECOM KING
I was thinking about ECOM KING 🤴
Exactly same idea
Hey Davie, I don't often post on youtube but i have to say that your video's are really good in terms of quality. You don't use those cheap ching ching, bling bling images and sounds like so many other youtubers. Makes your video's so much more realistic and fun to watch.
well done
you earned a subscriber :)
I'm glad you're improving your content. You're learning from Alex Hormozi
Great Video, I'm following you from Egypt 🇪🇬
Continue with this awsome videos ❤️👏
I can't thank you enough Davie you are an inspiration for me
Excellent video.. Well done and Thank you!
I think this is the most informative video on online business/ecommerce I have ever seen. Clarity, practicality, and no bull. How rare, and how refreshing. Thank you!
I needed to hear the truth because there was something that didn't add up. Davie, you are a great reference thank you for inspiring us.
D- Dawg! Thank you for being a true entrepreneur!
Always on point. 💪
you opened my eyes I'm starting in dropshipping but with the aim of having skills to create my own sale
Total beginner here but skeptical. You explained what dropshipping is so clearly for the beginner. Other explanations were so technical.
Dude.. your Intro is 🔥
Hi Dave launching a skincare brand soon I love that you give credits to the good RUclipsrs showing who they are!
Good one!
this is such a gun video Davie. well done!
thank you, love this video so much
Davie, I’m so glad that I found your channel before I started drop shipping. I’m using your advice and working with an established manufacturer to completely customize a scaling product for me as I plan to build a brand around it using your instruction.
Very good advices and tips, thanks
Hi Davie really appreciate your honesty and the fact that you are guiding people in the right direction 👍
Great video. Thank you for all these infos, is this new business model😊
Building a brand is not a business model, but just a way of caring for your community and customers which in return, will strengthen your brand. The old model of dropshipping is simply about making top level sales without worrying about the customer or the experience.
This is priceless, I do 100% agree every word
great video love the channel
Hi David. Been following your journey for a year or so. Where did you ultimately get your Oodies manufactured? I’m currently looking for a manu in the states to avoid oversea issues. TIA and thanks for another great video of heavy truth🙏
Very insightful and helpful info which would ideally take someone a while to figure out. Could you also do a longer video about making your product unique? Thanks again and love your channel 👏
Check out our Million Dollar brand series!
Wow such great video, really opened my eyes on drop shipping, gonna try that
Glad it was helpful!
@@DavieFogarty wow thanks for replaying, you are great at engaging with community
Awesome video Davie. You’ve inspired me to build a real brand in my lifetime
thank you for the quality content
Thanks Davies, you are my king ❤️❤️❤️❤️
i have follwed from 30k subscribers to where you at
thank you for the value you provide
Davie you were very informative and really I had to stop washing the dishes because u really got my attention
To be honest I have been laid off since 10/3/2022 , I want to give online e-commerce a shot, for extra income and even to see if this is the one stop for my future, I subscribed to your channel and hope to learn from you, the do’s and don’t
Thank for sharing ❤
Great to hear you are taking matters into your own hands. Make sure that you take action on what you learn so you aren't simply absorbing content with no retention.
Thanks a lot for telling the truth 🙏 Respect 👏🔥🔥🔥
Great video!
first. been supporting you when you had 50 subscribers
Legend!
Always great Content .he needs a million subscribers .
This is actually legit real advice. Respect.
Love it!
Glad I came across your video I was looking for ways to finally start making more money so I can invest and eventually quit my job and work for myself
Edit: also half the lambos are just rented my mother works for hertz and tells me horror stories about half of these people wrecking cars and other insane thing
This video is gold!
Please correct me if I'm wrong; as I understand it, the dropshipping model is a good way to test a product in the marketplace quickly and without the cash outlay. Also to generate additional cash to reinvest in 3PL wholesalers, ads and such. Not a long term solution, but a means to an end.
Once the product niche has been established with the dropshipping, it's time to get into warehousing product, asap, for quick and responsive shipping and customer service....and less hassles with merchant account, shopify, et-al.
Is my assertion correct, in broad brush terms?
Also, thanks for sharing your insights and wisdom. Just subscribed!
You're on the right track. Dropshipping is simply a method of fulfillment and not the business model itself. You can test and validate products with little upfront costs and then invest it into building a proper brand down the line.
I love when you show the biaheza clip.
He is really the only one that I trust on the dropshipping field
Real talk! Top Man!
Thankyou for saving my money man. I trust you, just like you said “somewhere in your head you question yourself - is this even true?”
So thank you Davie, I saved my money, I would have bought crap course.
Love your videos
This absolutely fantastic stuff
I learnt so much from this.
Hi, Davie ,appreciate your honests thoughts on dropshipping model ! Really help a lot of people who just want to make some quick money ,what do you think of amazon FBA on au?
why is this guy so underrated?
Great content. One thing that i suppose you didnt anticipate is the desperate people watching your content who want to be successful too. Most of these people dont have the funds to customize their products, meaning they will drop ship. The problem here is that they will dropship a product they know will sell i.e hoodie blankets. I can see a huge drop in your monthly visits. I suspect this is due to all the dropshippers copying your products and selling for less money. Personally i would not showcase my successful product to this greedy world. Good luck
You are a lifesaver Dave
Shout out to Biaheza, made it to the video, makes great legit content. But he also,has a dropshipping course 😂 great content Davie
Cool animations mate, what program did you use to make them? Great vid as usual!
They were manually created! A lot of effort for plenty of enjoyment :)