Hiring with Dropshipping: Can You?
- Welcome to the first ever Saturday Shorts podcast
- John and the speaker receive many questions about dropshipping
- They decided to create a short podcast to answer one question every Saturday
- Listeners can leave a question at dropshipbreakthrough.com/message
- Should I get someone on Fiverr to create my dropshipping website?
- No, it's not recommended
- You don't know what you need someone to create for you
- You might get a website that is not set up correctly
- It's better to learn from someone who can show you how to set up a site for high ticket dropshipping
- You can create the site yourself on Shopify or give a clear list of what you need if outsourcing is necessary
- It's important to understand how your website works in and out, especially in the beginning
- Learning how to make little tweaks yourself is beneficial
- Having someone else create your site may not show your investment and dedication to the process
- Building a website can be fun and it's a great skillset to learn
- Doing it yourself is the best option
- Thanks for listening to the first Saturday Shorts episode
- Leave a question at dropshipbreakthrough.com/message for a chance to have it answered on the show.
👀 What You NEED To Know Before Dropshipping
Despite some negative comments claiming that dropshipping is dead or not worth the effort, it is still a viable business model that can be successful if done right. In order to be successful, it is important to understand the assumptions that people make about dropshipping that are often incorrect.
Assumption 1: It's too late for dropshipping to be successful
- Contrary to popular belief, it is not too late to start a successful dropshipping business.
- People will still buy products from a well-designed and marketed store, even if they can buy the same products on Amazon.
- Successful dropshipping stores target customers who make impulse purchases and sell products that elicit an emotional response from customers.
Assumption 2: Dropshipping is a scam
- Dropshipping is a legitimate business model that has been used by large retail stores for years.
- As an entrepreneur, it is not necessary to offer the lowest price for a product, and pricing is subjective and determined by the customer.
- Customers are willing to pay a higher price for a unique or interesting product, even if they could find a similar product elsewhere for less.
Assumption 3: Dropshipping is saturated
- Some products and niches on Aliexpress may be saturated, but this is a product problem and not a fulfillment problem.
- Successful dropshippers sell unsaturated products that trigger an emotional response from customers.
- Large retail stores like Forever 21 failed not because of their fulfillment method, but because their niche was too competitive and saturated.
Assumption 4: Donald Trump's trade war with China has killed dropshipping
- The introduction of ePacket and subsequent changes to shipping rates have not killed dropshipping.
- China has introduced new shipping options like Aliexpress Standard Shipping and more suppliers are opening fulfillment centers in the USA.
- Dropshipping is still a viable business model.
Assumption 5: Most people who dropship will fail
- While it is true that 99% of people who dropship will fail, this is often due to a lack of experience and knowledge in marketing and sales.
- Reading books or watching videos can help, but there is no substitute for real-world experience gained through marketing and running ads.
- Success requires a willingness to invest time and money to overcome the learning curve of marketing and sales.
Dropshipping is still a viable business model that can be successful if done right. To be successful, it is important to understand and avoid the assumptions that people make about dropshipping that are often incorrect. Success requires a willingness to invest time and money to overcome the learning curve of marketing and sales.
How To Not Get Sued When Drop Shipping!
Anton, from dropshiplifestyle.com, conducts live training webinars every two weeks, where he teaches for about 60 minutes followed by a 30-minute question and answer session. In these sessions, he receives questions from thousands of people around the world. Recently, he noticed a trend in questions about the legality of dropshipping. This article aims to address the issue and share his thoughts on it.
Legal Issues in Dropshipping:
1. Selling Copyrighted or Trademarked Products:
- Selling products without authorization from the brand owner can result in a cease and desist letter or even a lawsuit.
- To avoid legal issues, it is important to only sell products that have been approved by the brand owner.
- This can be done by contacting the manufacturer and getting approval to sell their products.
2. Personal Liability:
- As a sole proprietor, all of your personal assets are at risk if your company is sued.
- Setting up an LLC or S Corporation can help protect personal assets and provide a layer of protection for business owners.
- Separating personal and business expenses is important to avoid commingling funds.
It is essential to follow legal guidelines when dropshipping to avoid potential lawsuits and legal issues. By only selling approved products and setting up the correct business entity, dropshippers can protect their personal assets and operate a legitimate business.
The UGLY Truth About Dropshipping That No Guru Will Tell You
- In this video, the most commonly asked questions about dropshipping will be answered.
- Dropshipping has a reputation for being a get rich quick scheme, but it's not as straightforward as it seems.
- The article will provide a complete view of what it takes to run a profitable dropship store.
What is dropshipping?
- An ecommerce business model where an online store does not carry inventory for the products it sells.
- When an order is made, the online store purchases the products from a wholesale supplier who then ships the order directly to the end customer.
- No upfront inventory costs because all products are purchased on demand.
Is dropshipping legal and legit?
- It is 100% legal as long as you use legitimate dropship suppliers.
- If you sell fake merchandise, you could be liable for fraud.
- Dropshipping is legit and safe as long as you work with officially licensed distributors.
Does dropshipping require a seller's permit and a business license?
- In the US, you need a seller's permit to legally sell online.
- Most states require you to charge sales tax to customers where you have economic nexus, and dropshipping is no exception.
- If your locality requires a business license, then you must get a business license as well.
How profitable is dropshipping?
- The margins for dropshipping are much less than other ecommerce business models.
- Typical margins for dropshipping are between 10% and 30% compared to 50% to 66% for private label and traditional wholesale.
- The best products for dropshipping are higher ticket items that yield more revenue per sale.
Is dropshipping worth it?
- Despite the low margins, dropshipping can be a great way to get started selling online.
- You can start a fully featured ecommerce business that carries hundreds of products for less than three bucks.
- Dropshipping can be used for product research without any upfront risk.
- Dropshipping can be automated except for customer service.
How does dropshipping from your own website work?
- If you use a well-supported ecommerce platform like Shopify, BigCommerce, or WooCommerce, setting up dropshipping is a straightforward process.
- When a customer places an order on your site, and you accept payment, the customer's order is electronically transmitted to your dropship supplier, where you are charged the agreed-upon wholesale price for your goods.
- Your dropship supplier then ships the order to the end customer, and you pocket the difference in cost as profit.
How does dropshipping on Amazon work?
- You list your products for sale as a merchant fulfilled seller.
- When an order is placed on Amazon, you electronically send the order to your dropship supplier, who then ships the products to the end customer.
- Amazon dropshipping is riskier than dropshipping from your own site because you have to follow Amazon's terms of service to the letter.
How do dropship payments work?
- You can pay by credit card or use ACH or direct transfer.
- The best way to pay a dropship supplier is through payment terms.
- Whenever an order is placed on your website, two payment transactions occur in the background.
Where do you find dropship suppliers?
- You can find suppliers by using a search engine, using a directory, using a dropship company, attending a dropship tradeshow, or using a print on demand company.
Where do you find products to sell for dropshipping?
- You can leverage sales data from Amazon to find profitable products to sell online.
- Jungle Scout is a software tool that tells you how much revenue a product listing is generating on Amazon for the last 30 days.
When should you use dropshipping?
- Dropshipping is best used to collect data for potential products to private label or to buy wholesale.
- Dropshipping is also an excellent business model for dipping your toes in the ecommerce waters without a large budget.
What are the best dropship companies?
- Most dropship companies are middlemen who help online store owners quickly list products from ecommerce marketplaces.
- Here's a list of my favorite dropshipping companies.
Who pays for shipping when dropshipping?
- Every dropship supplier charges their own shipping rates.
- You can either eat the shipping cost yourself or pass the shipping costs along to your customer.
Do drop shippers ship internationally?
- Some dropship suppliers will ship packages internationally at an additional cost.
- International shipping is expensive and complex.
How do returns work with dropshipping?
- Even though drop shippers take care of product fulfillment, you are
How I Hire Employees For My Shopify Business
How to Hire Employees for Your Shopify Business Using Upwork
- Hiring employees for your Shopify business can be a daunting task
- Upwork.com is a great website to find freelancers with amazing skill sets
- Follow these steps to hire the right employees for your business
1. Create a free account on Upwork.com
2. Use filters to find the right freelancers for the job
- Choose someone with at least conversational English
- Look for job success of 90% or higher
- Choose an independent freelancer, not an agency freelancer
- Look for someone who has logged in to Upwork within the last two weeks
- Consider the number of hours built for the job
- Choose someone with a fair hourly wage, not necessarily the cheapest option
3. Post a detailed job description and ask for a written interview
4. Correspond with the freelancer outside of Upwork to negotiate payment
- Upwork takes a percentage of the freelancer's hourly wage
5. Hire the right employee for the job
- Video Editor: Found a great video editor who charged $22/hour on Upwork, negotiated to pay him $6 per YouTube video outside of Upwork
- Virtual Assistant: Found a virtual assistant who charged $8.50-$9/hour on Upwork, negotiated to pay her $5.60 per hour outside of Upwork
- Shopify Developer: Recommended a Shopify developer who charged $30/hour on Upwork, but is worth the investment
- Hiring employees for your Shopify business can be a successful process with the right steps
- Use Upwork.com to find the right freelancers for the job
- Be detailed in your job description and ask for a written interview
- Correspond with the freelancer outside of Upwork to negotiate payment
- Hire the right employee for the job and watch your business thrive.
How To QUIT YOUR JOB & Do Dropshipping Full-Time! Ecommerce Dropshipping 2020
In this article, we will be discussing the realities of drop shipping and e-commerce, and whether it is possible to make a full-time income from it. We will be breaking down the numbers and discussing how to achieve your income goals through effective business strategies.
Realities of Drop Shipping and E-commerce:
- It is not a get-rich-quick scheme, and requires hard work and dedication.
- Many people are getting into drop shipping and e-commerce, making it a competitive field.
- To make a full-time income, you need to be willing to put in the work and have realistic expectations.
Breaking Down the Numbers:
- To make a full-time income of $50,000 a year, you need to generate roughly $250,000 in revenue per year.
- Assuming a 20% margin, you need to generate $684.93 per day to hit your income goal.
- Increasing your average cart value through upselling and bundling products can significantly increase your revenue and decrease the number of sales needed per day.
Effective Business Strategies:
- Focus on increasing your average cart value through upselling and bundling products.
- Use sales funnels and subscription plans to increase customer lifetime value.
- Understand your niche and what they find valuable to effectively market and sell your products.
Drop shipping and e-commerce can be a lucrative business, but it requires hard work and dedication. By breaking down the numbers and using effective business strategies, you can achieve your income goals and build a successful online business.
Should You Hire Employees? I Facebook Marketplace Dropshipping
Should You Hire Employees for Facebook Marketplace?
If you want to make money on Facebook Marketplace, you may consider hiring employees for customer service, product fulfillment, or posting. In this article, we will discuss the pros and cons of hiring employees for Facebook Marketplace.
1. More time: Hiring employees means you have more time to do other things instead of replying to messages or fulfilling orders.
2. Scalability: With employees, you can post more frequently and reach more customers, which could potentially increase your sales.
3. Extra income: You can offer your employees a commission or pay them a set rate, which means they earn extra income, and you make more profit.
1. Cost: Hiring employees means you have to pay them, which will cut into your profits.
2. Trust: You need to find trustworthy people to work with, as they will have access to your Facebook account and handle your customers.
3. Control: When you hire employees, you lose some control over your business, as you can't monitor everything they do.
How to Hire Employees:
1. Look for people you know and trust, such as family members or close friends.
2. Offer a commission or pay a set rate for their services.
3. Keep track of their work and payment using a spreadsheet or another tool.
Hiring employees for Facebook Marketplace can be a good idea if you want to save time, scale up your business, and earn more profit. However, it comes with costs and risks, so make sure you find trustworthy people to work with and keep track of their work.
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