Hello Aluxers, does dropshipping sound like an appealing business plan for you? GOAL Mastery: www.alux.com/goals Get a free audiobook thanks to Audible: www.alux.com/freebook 15 Things You Didn’t Know About Running an Internet Business: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-6Fp2z4-d-GQ.html
No, there are alot better startup ideas out there. And I think an intellegent lady once said that if an industry does not have a high barrier to entry, you should stay away from it.
I want to learn more about dropshippin, I was thinking about starting a business based on this. Where can I find a good course and gain the knowlage for this ?
I started dropshipping 2 years ago and it pretty much takes as much work as building a professional business. It took me 5 months to get my first sale but you just have to stick to it and be dedicated. I eventually stopped a year later as my niche was too specific so there was not a large enough customer base but it's not a complete loss as the experience taught me valuable marketing skills and now I have been able to start my own media company. Moral of the story: Never give up and if you have no choice but to count your losses, every failure is a valuable lesson.
I did dropshipping 3 years ago. I got the best products from a site Modalyst. I didn't sell much directly from my site but mostly on eBay. I never was able to get much traffic despite using Google ads. The most serious issue was some suppliers will screw u and not ship when they say they will and makes your business looks bad. It's a gamble allowing others to ship for you. Some are very consistent and reliable and others will embarrass u and leave u hanging to explain to your customer why they don't have what they paid for. It can work but need reliable shippers.
hi the masked maestro, can we talk? email? chat? there is something i wanna know about dropshipping and im really serious about the information and your experience about this. thank you and godbless have a nc day
2 minute silence for all those who think dropshipping is a passive way to earn and does not require any work. You guys should watch all the Sunday Motivational videos
We've always wanted to know more about Dropshipping; Thank You for making this Video ALUX. We Love Your Videos ALUX. We'd like to see an Entire Video on Luxury Clothes, Luxury High-Quality Suits (for Women and Men), Luxury Leather Goods (Shoes, Purses, Briefcases), etc. I think Ability to Adapt and Overcome Obstacles is an Extremely Useful Skill. I'd like to see an entire Video devoted to How To Deal With Change and How To Adapt And Overcome Obstacles. At times I am Too Cautious, and I would like to see an entire Video on How To Safely Be More Of A Risk-taker. I would like to see an entire Video on How To Be Much More Confident And Bold. I would like to see an entire Video on How To Simulate Outcomes In A Variety Of Situations. I would like to see an entire video on How To Start-Out In Becoming A Real Estate Landlord. Also I would like to see an entire Video on How To Sell And Negotiate, and an entire Video on How To Become A Master At Verbalizing What You Think And Feel (How Verbalize and Be More Confident). THANK YOU ALUX.
Great video. I am currently getting back to dropshiping. I did it it the early 80's. The investment in ads was somewhat high compared to today's ecommerce standard. It works much better today provided You do the work that is requured. And it is scalable.Thx.
I'm 16 and I always wanted to start a dropshipping store. I'm gonna start it now. Thank you so much! I'm ready for grinding! btw, who all can lip sync the intro with the Alux lady? I do it in every video!
First, what exactly is dropshipping? Dropshipping is a method of online retail where products are shipped from the supplier directly to the customer. Retailers do not hold inventory but rather sell products through images online and have the suppliers fulfill the orders
Excuse me Sir/Madam Are you saved? If you died tonight are you going to heaven? Jesus loves you. For god so loved the world that he gave his only son that whoever believes in him shall not perish but have eternal life.
Starting with something that interests you is actually a good place to start. You should never ever sell a product you're not knowledgeable about and something that interests you is typically something you also know a bit about. People will pay $$$ for product knowledge and it makes the markup look much more justified. Do people want to buy dirt cheap goods from another country with poorly written descriptions, shady reviews and 100+ identical looking listings and suppliers? They'd rather spend a few extra dollars going through someone they can talk to easily who's already found the right one to buy.
01) In dropshipping you set the price and pocket the difference 02) Dropshipping is older than the Internet 03) Start up costs are low but nor zero 04) Dropshipping wouldn't be where it is without aliexpress 05) Dropshippers target impulsive buyers 06) The world's most successful Dropshippers make over a million dollars a year 07) Most Dropshippers fail in the first month 08) Dropshipping is all about finding your market niches 09) Novelty goods work best 10) Use search engines to find your niche 11) Margins are lower than online retail 12) Dropshipping trademarked goods are illegal 13) Slow shipping times are part of the deal 14) Finding the right supplier is key 15) You can dropship by exploiting price differences in online retail
To answer your question Aluxa, I don't really think drop shipping is appealing. I've been familiar with this topic before I watched this video. But after watching you throw those numbers, I really don't want to put my efforts and especially time into drop shipping. I'm now more concentrated on learning real estate and stocks. I'd be glad if you do videos on these topics. And if you already did, so many thanks to you guys. The men vs boys video was so informative and I'm happy that I checked almost all boxes. And as always, a special thanks to Aluxa. Or I should say Aluxas.
Oh my god thank you soooo much I’ve been waiting for months!! I already knew all of the things in this list because I have been doing dropshipping for almost a year now but I never stayed in contact with my suppliers so thanks for that
Fahim Uddin I have been working on a disinfectant spray business, this newly established RU-vid channel and another idea which basically went flop because of COVID. All of this while working a full time job :)
I paid big bucks to join a DROPSHIPPING MENTORSHIP in Brazil. However, the business is not 100% legal. It is not crime either. The laws in my country don't cover it properly which make the activity somehow dangerous. So I decided to study more. Working for someone is not mediocrity in this case because the employee will learn without getting into the danger.
By suggesting choose the one with political stability(NO CIVIL WARS,REDUCED CORUPTION RATE,STABLE CURRENCY,LARGE POPULATION GROWTH FILLED WITH MIDDLE CLASS(MEANING WHO CAN AFFORD WHAT U SELL)) Example NIGERIA checks population,Pstability & GDP, SOUTH AFRICA checks Political stability & GDP, MAURITUS checks Pstability & level of Development,RWANDA checks safest country in Africa downside low population and TANZANIA checks Pstability, high growing GDP, Population & Well coming people. I AM FROM AFRICA BY THE WAY TANZANIA.WE WELCOME INVESTORS
7 makes since cause most of the time people who get into do so because they bought a course talking about how easy it is and how passive it is, only to find out it takes more work and thought than they were led to believe
Just a tip for any dropshipping beginners here, ePacket is NOT a stable shipping method right now. I have a video on my channel discussing the shipping options
When demand for dropshipping increased during corona virus everybody does videos before that even alux didn't do a video about this business model everybody did it in silence but now everybody helps each other lol💯💯
Alux all due respect its tons of people trying to dropship, A REAL BILLIONAIRE SEES THAT THE BARRIER TO ENTRY IS TO DAMNED LOW! I DONT WANT TO DO WHAT EVERONE ELSE IS DOING!
Dropshipping is simply a way of making fast money in a short amount of time depending on how successful or how much money you have in order to play the game. Dropshipping simply is not long term :( keep in mind most dropshipped products are made of low quality and may result in very extreme returns or chargebacks !
but due to this covid situation people are afraid to buy any product from china and especially in india thier is boycott china trend happening , what ur opinion on it?
When buying through " Dropshipping " companies / stores / outlets , remember : IF after getting your product you are dis-satisfied with the item , can you talk to " anybody " that's a warm body to deal with your problem ?? What IF - you never receive the ordered product / -s .... who are you going to complain about this ? In a " dispute " the Payment Processor will make you jump a lot of hoops -- not worth the hassle .... No matter how good the product , if you can't find it - in regular / specialty store - - then the product might not be as good as advertised ....
When I was eighteen I worked for FedEx Ground in East Oakland California, a lot of times I worked from 2:00p.m until 4:00a.m I am sure shipping is a whole lot more work than it sounds like.
Someone, please explain this to me. When you promote a product on your store from Aliexpress and someone buys it. Do you then go back to the Aliexpress page where you got the product and just put in the information in (house address and so on) of the buyer?? How does this work??
Yes you can do this from starting from dropshipping and as you scale your brand, private label the product and trademark ™️ it. Once you do that you can keep stock in a local warehouse and be able to improve products to increase value (packaging, performance enhancements, faster shipping times)
I’m surprised this video didn’t mention anything about having to do lots of legal work, sales taxes and applying for all sorts of business licenses etc. i thought about dropshipping but I got turned off by all the taxes and and stuff u have to go through
I'm constantly getting ads for dropshipping webinars. They all say the same thing. They all have testimonials. Their method is the easiest. Not sure who to believe.
Its all about being in a process. Process till u find your winning product. Process till u find your audience. When we have both at its place. Hit the homerun again and again. Till that process end. Or maybe u are pro now. 😅
dropshipping started in america? whats next mail started there too. As if america can take credit for business methods that have always been common throughout the world.
My name is john iRichard am in Nigeria, I really enjoy alux Videos cause I found it motivating, educating and Entataining. but now I want you to do video about microchip,Nigeria, and Africa I really want to know more about this names I mention. thank you
Love the content.How do you get potencial Customers to trust you & send you money which can be used for purchasing the product they want. A REPLY WILL BE NICE.
Alux.com i mean start up in that particular niche.Starting a manufacturing industry or chemical factory or pharmaceuticals company or a food manufacturing. Things to look out before starting those business