Think Twice Before You Dropship: How to Actually Make Money Online

Рет қаралды 241,295

Күн бұрын

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/
MY FAVOURITE TOOLS & GEAR
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🗣️ Gorgias: gorgias.grsm.io/davie
🐋 Triple Whale: triplewhale.grsm.io/daviefogarty
SOCIAL MEDIA:
🌍 My website: www.daviefogarty.com/
📸 Instagram: / daviefogarty
📱 TikTok: / daviefogarty
🎥 Facebook group: / howtobuildamilliondoll...
🐦 Twitter: / daviefogarty
👨‍💻 Linkedin: / daviefogarty
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 KZfaq 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.

Пікірлер: 548

@DavieFogarty Жыл бұрын

What did you think of this video? Let me know what you want me to talk about next.

@SkateGibbo Жыл бұрын

Hi Davie, I appreciate all your videos, they are fantastic and authentic… Can you please talk about klaviyo and email marketing… Cheers, Silas

@mariawimalasuriya1081 Жыл бұрын

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 👏

@omarabutouq2755 Жыл бұрын

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

@mrbloxcoins Жыл бұрын

Can't belive this info is free. I appreciate your work.

@jordanhanson316 Жыл бұрын

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.

@LearnWithMePODCAST Жыл бұрын

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

@THEECOMKING Жыл бұрын

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 ❤️👑

@erxfav3197 Жыл бұрын

Yayyy super glad u commented man.. Nice seeing u here kamil @THE ECOM KING

@abdulmoeedmughal2727 Жыл бұрын

I was thinking about ECOM KING 🤴

@teddywhale Жыл бұрын

Exactly same idea

@meikle9776 Жыл бұрын

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.

@AmazingStoryDewd 3 ай бұрын

Good for you but I always got high ambitions for whatever I attempt to start.

@isabellava Жыл бұрын

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.

@CcjLilo Жыл бұрын

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

@advomalik Жыл бұрын

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!

@advomalik Жыл бұрын

@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?

@nyx211 Жыл бұрын

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.

@DavieFogarty Жыл бұрын

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.

@moerahim6856 Жыл бұрын

@@DavieFogarty can you suggest a better platform where this isn't the case?

@Truthspeakeralways Жыл бұрын

@@DavieFogarty what can I use instead of shopify ??

@PoorRick Жыл бұрын

So fake lol

@moerahim6856 Жыл бұрын

@@honeydipped Do they block accounts like shopify?

@AT-mv2mr Жыл бұрын

Really happy to see this issue having a spotlight. Many of these "Econs" are ruining lives

@paulygeee Жыл бұрын

Love it. 'Econs'.

@storzbickel4328 Ай бұрын

How are they ruining lives?

@AThoughtExperiment01 Жыл бұрын

I was going down the dropshipping route until i watched this video. Thank you. This makes so much sense!

@bonobonowan1596 Жыл бұрын

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

@MuhammadHishamSoomro 8 күн бұрын

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

@BOD-CormZ Жыл бұрын

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 KZfaq 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 🙏

@heyjaja72 11 ай бұрын

How's your journey going?? Have you made progress with your store?

@SiilverEdit 10 ай бұрын

keep it up it is going to be hard but worth it trust the process, im 20 and making a change like you

@RealitaetsverweigererDerAmpel 3 ай бұрын

Follow up?

@jarmainoldchannel Жыл бұрын

Thank you so much mate, this was full of value and very informative 👏💯

@peterw1840 Жыл бұрын

Love how you talked your self up D.Fog. Such an Aussie thing. Your content is by far the best on KZfaq. Keep up the great work mate.

@DavieFogarty Жыл бұрын

Hope you enjoyed the video!

@peterw1840 Жыл бұрын

@@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.

@marcc4878 Жыл бұрын

Love it! Thanks for having you in the platform

@wolfuck Жыл бұрын

THANK YOU! Not enough people talk about this

@maxuuuu9973 Жыл бұрын

I just love you so much bro! Thanks for all the free value! 🙏🏼❤️

@Vigil0321 Жыл бұрын

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.

@cherylmcliu4356 Жыл бұрын

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!

@kienyu9197 Жыл бұрын

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.

@DavieFogarty Жыл бұрын

Thanks!!

@David-ti8ci Жыл бұрын

Thank you for this video. This encapsulate everything about dropshipping and e-commerce very well and how "Gurus" pray on beginners.

@FelixtheGreat Жыл бұрын

Finally! I’m glad you’re calling out these scammers 👏🏾

@TheARAM5 11 ай бұрын

Andrew Tate is a scammer??

@TheARAM5 10 ай бұрын

@@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.

@pork3d Жыл бұрын

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.

@SF-eg3fq Жыл бұрын

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.

@kaiserofive4250 Жыл бұрын

Once again Davie you have delivered a great video. Thank you so much for this free and honest information.

@benjones6030 Жыл бұрын

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!

@funniestvdo9804 Жыл бұрын

Thank you God bless you and your family I am so happy to be part of you

@moonbalancedd Жыл бұрын

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.

@ShortiXXL Жыл бұрын

Best video about Dropshipping I've seen in a while! Awesome! Very valuable content. Thanks man for sharing this knowledge with the community. 👍🔥

@TheMindfulShorts Жыл бұрын

Crazy animation on this video!!!😀Thanks as always

@discifreedom Жыл бұрын

The last 5 minutes are most valuable than tons of videos i watched on youtube about the topic

@serenity-soundscape9 Жыл бұрын

WOW! great video! we need more people like you in this matrix, keep the goodness going. Blessings

@linus3dOfficial Жыл бұрын

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 🤗

@DavieFogarty Жыл бұрын

Glad it was helpful!

@fam3512 Жыл бұрын

hey, any updates?

@user-wm9hr7jg4u Жыл бұрын

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!

@nikolaivynnyk9748 Жыл бұрын

Thanks Daive, for sharing your experience. i were also thinking about drop-shipping, but after your video - i am thinking more about something uniques.=))

@kaany2963 Жыл бұрын

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. ❤

@DavieFogarty Жыл бұрын

Awesome, thank you!

@tboneskids4029 Жыл бұрын

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🙏

@amberhill8395 Жыл бұрын

Thank you Dave. Time for me to build my future. I appreciate your selflessness x

@chillera-justrelax6027 Жыл бұрын

DAVIE your contents are incredible and helps to start my own actual ecommerce brand. Thanks you alot i really appreciate it.

@RayyanKhan70 Жыл бұрын

Well explained video, great to see that you covered every aspect in detail

@mauinui10 Жыл бұрын

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!

@justdanaus 6 ай бұрын

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.

@HaseebAdnan0 Жыл бұрын

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.

@DavieFogarty Жыл бұрын

Glad to hear!

@liyanareano4571 Жыл бұрын

what does 3PL mean?

@DailyNowStoic Жыл бұрын

@@liyanareano4571 Do you not have access to Google search? But it means 3rd Party Logistics..

@bobdaniel4770 Жыл бұрын

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?

@julessekelj6752 Жыл бұрын

Great video as usual, thank you for the motivation !

@DavieFogarty Жыл бұрын

Glad you enjoyed it!

@gloriousbachycactus6403 Жыл бұрын

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!

@jcmartin1978 Жыл бұрын

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.

@RyanSmithElectroseed Жыл бұрын

I subscribed simply becuase of the animations and how hillarious this is haha! Also great content! People need to say this!

@ahmedm.rubiee Жыл бұрын

Wow, you and Biaheza and the Ecom King are my favorite. Am on the right path 😁

@petereats Жыл бұрын

Mate as a fellow Aussie I find your way of teaching east to follow. Love the honesty.

@DavieFogarty Жыл бұрын

Awesome! Thank you!

@DavidCostarrosa Жыл бұрын

This is priceless, I do 100% agree every word

@TheStephendenney Жыл бұрын

The value in this is incredible, thank you Davie. From another honest Australian 🌸

@DavieFogarty Жыл бұрын

Glad it was helpful!

@inspiredtea1167 Жыл бұрын

this guy is crazy! his videos always motivate me very hard and give me a push. Thanks a lot man

@jeltixzz8920 Жыл бұрын

Yo the montage/video editing is insane

@Loveofcinemaandgames331 Жыл бұрын

you opened my eyes I'm starting in dropshipping but with the aim of having skills to create my own sale

@CarlosMora-yd9pk Жыл бұрын

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.

@teddy.joke69 Жыл бұрын

I love the simplicity of this!

@lisaj10 Жыл бұрын

Excellent video.. Well done and Thank you!

@injanhoi1 Жыл бұрын

Total beginner here but skeptical. You explained what dropshipping is so clearly for the beginner. Other explanations were so technical.

@user-fb5zo7cl6w 26 күн бұрын

Hi Davie really appreciate your honesty and the fact that you are guiding people in the right direction 👍

@zamaryaryan6443 Жыл бұрын

I can't thank you enough Davie you are an inspiration for me

@gnovak7 Жыл бұрын

Great video. Thank you for all these infos, is this new business model😊

@DavieFogarty Жыл бұрын

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.

@davecirlclux Жыл бұрын

I'm glad you're improving your content. You're learning from Alex Hormozi

@phil.p99 Жыл бұрын

Very good advices and tips, thanks

@dxrblue6422 Жыл бұрын

Hi Dave launching a skincare brand soon I love that you give credits to the good KZfaqrs showing who they are!

@DavieFogarty Жыл бұрын

Good one!

@tranminh8033 5 ай бұрын

thank you, love this video so much

@Basmati_Rice Жыл бұрын

Cool animations mate, what program did you use to make them? Great vid as usual!

@DavieFogarty Жыл бұрын

They were manually created! A lot of effort for plenty of enjoyment :)

@wbielicz 2 ай бұрын

I enjoyed how you detailed the pros and cons of drop shipping. However, you mentioned ordering product to store with your 3PL. How can I validate my idea before I take the plunge and avoid drop shipping to validate my idea? Would it be ordering a sample and creating content with it to validate there's a need in the market?

@amrkhaled99990 Жыл бұрын

Great Video, I'm following you from Egypt 🇪🇬 Continue with this awsome videos ❤️👏

@mariawimalasuriya1081 Жыл бұрын

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 👏

@DavieFogarty Жыл бұрын

Check out our Million Dollar brand series!

@peteruwa5883 Жыл бұрын

Always on point. 💪

@zsheikh1234 Жыл бұрын

Hi Davie, When you are about to launch a product, do you calculate total addressable market? If so, how do you caculate this?

@DavieFogarty Жыл бұрын

It's not something you can quantify right down to a single digit. It's about understanding your product and niche and determining whether the audience that would relate to that product is too niche or not. Butterfly kids apparel would be extremely niche and often you'll find yourself working much harder to get the sale as opposed to something like the Oodie which targets a much wider audience.

@lionelnm4083 Жыл бұрын

Hey man Davie is 1000% right. I've been always looking to dropship and after months of trying I got pretty succesfull the last two months. I scaled a store to 20k but I had to cut off my store because I had to deal with a lot of charge backs, unhappy customers because they got a broken product and even when I tried my best to have the best possible customer service with dropshipping, I always felt bad and I stopped the store.. I am still dealing with chargebacks until this day... Looking back, the best thing I should've done before scaling was order stock and really build a brand around this product. But I wanted the quick cash... My advise would be. If you really want to start, build a brand from the go and save yourself massive headaches...

@DavieFogarty Жыл бұрын

Chargebacks and platform bans are something all dropshippers have experienced!

@alphahighs Жыл бұрын

No, your mistake was not finding a good supplier with a good product.

@Quantumrealm999 Жыл бұрын

Look for good suppliers NM But at least you made revenue so shopify is true i really wish to start shopify but i can wishing one day i will

@DailyNowStoic Жыл бұрын

@@Quantumrealm999 you’re giving advice on something you’ve never done before 💀

@leaderofthebunch-deadbeat7716 Жыл бұрын

That was your fault for allowing refunds

@johntrower2708 Жыл бұрын

Great information! Thanks for shareing. Just would like too know the main differences between Ali express and Ali baba as they are both Chinese wholesalers I thought?

@DavieFogarty Жыл бұрын

Aliexpress connects you to the middle man who acts as the go-between you and the manufacturers. Alibaba leads you directly to the manufacturer /distributer.

@ParksforestsCanada Жыл бұрын

D- Dawg! Thank you for being a true entrepreneur!

@trjones95 Жыл бұрын

Dude.. your Intro is 🔥

@addelh Жыл бұрын

this is such a gun video Davie. well done!

@invcitus23 7 ай бұрын

Hey davie, just curious but lets say im testing a product with DS, at what point would you start to order in bulk with custom packaging? would it be like 2k revenue days?

@DavieFogarty 6 ай бұрын

This would be dependent on your confident and potential for scale. Not necessarily an answer that deserves a cookie cutter approach. Your experience in scaling products will determine when you would begin the transition but the sooner the better is beneficial for your customer experience.

@dr_detroit01 Жыл бұрын

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!

@DavieFogarty Жыл бұрын

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.

@jotarokujo9242 Жыл бұрын

I think dropshipping is the silver bullet for testing products, but eventually you have to actually make a brand and a business, or sell your shopify store for cash.

@paulygeee Жыл бұрын

I'd say robust market research is.

@carlosperez5966 Жыл бұрын

@@paulygeee dropshipping is market research....

@lolasmith5518 Жыл бұрын

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 ❤

@DavieFogarty Жыл бұрын

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.

@nigelmatheson58 Жыл бұрын

great video love the channel

@Jan-jt8xy Жыл бұрын

Wow such great video, really opened my eyes on drop shipping, gonna try that

@DavieFogarty Жыл бұрын

Glad it was helpful!

@Jan-jt8xy Жыл бұрын

@@DavieFogarty wow thanks for replaying, you are great at engaging with community

@SayzAngelTV Жыл бұрын

Hey Davie. What are your thoughts about organic traffic dropshipping? A lot of people (also the ones you mentioned in this video) are talking about this right now.

@DavieFogarty Жыл бұрын

If you can find a trending product and market it on platforms for free advertising it helps to validate your idea at a cheaper cost

@ikwangatderrick7081 Жыл бұрын

i have follwed from 30k subscribers to where you at thank you for the value you provide

@dunes1011 Жыл бұрын

Really inspiring Davie! I've been researching dropshipping products for months. And i've built 3 shopify stores and made some videos but never pulled the trigger. Something always felt rather soulless, as you aptly described it. You've inspired me to dig deeper now and begin exploring some my own brand ideas! This whole process it really fun!

@DavieFogarty Жыл бұрын

Good stuff!

@ksatriafxfx8042 Жыл бұрын

Thanks Davies, you are my king ❤️❤️❤️❤️

@LostPageWasTaken Жыл бұрын

Hey Davie, what payment platform does you use as payment getaway ?

@DavieFogarty Жыл бұрын

Paypal and shopify payments are the simplest.

@LostPageWasTaken Жыл бұрын

@@DavieFogarty But u said PayPal ban our accounts when lot of money come😕

@user-sb9cs6qc8h Ай бұрын

This is actually legit real advice. Respect.

@JosephDiazRamirez Жыл бұрын

thank you for the quality content

@tazzsharif9818 Жыл бұрын

Amazing video, btw how do you make suppliers make a product only for you and not sell it others?

@DavieFogarty Жыл бұрын

It's quite diffficult to do so unless you purchase the factory. Otherwise there's nothing stopping you from them making a profit by selling to multiple sellers.

@FireFly969 Жыл бұрын

I love when you show the biaheza clip. He is really the only one that I trust on the dropshipping field

@hazmataz8553 Жыл бұрын

So is shopify still useful to create a website to sell stock inventory from a 3pl, or is there better places to create your own brand website?

@DavieFogarty Жыл бұрын

Shopify is used to house your digital store front as it is an eCommerce based platform. The inventory you are selling is dependent on whether you are buying in bulk and shipping it from a 3PL or using an overseas supplier to ship on your behalf.

@antigrate4867 Жыл бұрын

Hey Dave, thanks for the video. I'm based in Australia and tried working with 3PL companies early on, but always got pushed back because I wasn't big enough. What are your suggestions to people who are not yet big enough to do business with 3PL? I thought about getting a bulk order on Alibaba to my home and just shipping the products myself from my garage until there's more scalability. Would love to hear your thoughts!

@DavieFogarty Жыл бұрын

You're going to have to ship it yourself in that case if you aren't big enough!

@SoilderKrizer Жыл бұрын

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

@callumchristopher9597 Жыл бұрын

Davie what do you think of print on demand as a business model? As this is seemingly impossible to use 3PL so it has to be a drop shipping model due to the customisation and personalisation involved . Any tips?

@bigjermini Жыл бұрын

I use POD for my sales. Cons: It's a very saturated market. The profit margins are incredibly low compared to the sellable price. ( The price any customer would actually buy at) Most POD companies don't let you have a free test item. As well, the test item you get when you order, is often the only one they took the most care to get right. Then customers can often get lesser quality. It can also be hard to tell how colors will show up on selected items, and sometimes how well the alignment is based on the online apps. The production and shipping times vary from week to week and even day to day, especially holidays and even world events. So to accommodate that, you have to set your production time high like up to 7 days. International shipping is now more complicated with EU VAT IOSS number has to be in the front of package. Currently non are prepared for this yet. The pros: You don't have to do the physical work and buy the equipment and know how to print on items. The price you paid for print and ship is still writable expenses and all the legit good ones will let you print the transaction list.

@bigjermini Жыл бұрын

Selling on Etsy, the sellable price of my hoodies are $30. Etsy takes $3-4 in fees/advertising. . Print and ship cost is $22 each. (Cheapest, fastest, yet quality US printer) So I average $4-5 per hoodie and shirt. It's a start. Not a get rich quick scheme, but a start.

@DavieFogarty Жыл бұрын

Print on demand relies on you using the fulfilment platforms that offer it, but enables you to differentiate yourself and minimise competition in your chosen space.

@evernight. Жыл бұрын

I actually own profitable general dropshipping store where I sell products that I find on aliexpress myself. I've never spied on others, I choose products that I like and actually use myself. My prices are very low, few dollars above original prices, I go for a volume. I take pictures myself so I've never had any issues with advertising platforms. Aliexpress standard shipping is now closer to 10-16 days rather than 30+ days (atleast that's the case with my suppliers). And I'm talking about the shipping times for the US, CA, UK, and AU. Your shipping and refund policies must be very clear and detailed, your customer support must be excellent, and the most important thing of all, you must be completely transparent about your business model.

@DavieFogarty Жыл бұрын

Good work mate!

@DavidSmith-fw3if 10 ай бұрын

How much are your profiting per month these days?

@maximc9033 Жыл бұрын

Awesome video Davie. You’ve inspired me to build a real brand in my lifetime

@BreakingLoop Жыл бұрын

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.