Should You QUIT Dropshipping In 2019 & Sell Info Products Instead?
Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders
Should You QUIT Dropshipping In 2019 & Sell Info Products Instead?
Table of Contents
Should You QUIT Dropshipping In 2019 & Sell Info Products Instead?
| startTime | durationTime | text |
| 00:00:00 | 00:00:03 | you know what's going on Empire builders |
| 00:00:01 | 00:00:05 | today we're toking about drop shipping |
| 00:00:03 | 00:00:07 | versus selling information products |
| 00:00:05 | 00:00:09 | which should you do which is more |
| 00:00:07 | 00:00:16 | profitable and which is easier to get |
| 00:00:09 | 00:00:18 | going today information products versus |
| 00:00:16 | 00:00:20 | selling drop shipping ecommerce style |
| 00:00:18 | 00:00:22 | products which should you choose as a |
| 00:00:20 | 00:00:24 | beginner or somebody that's currently |
| 00:00:22 | 00:00:27 | selling right now and as somebody that |
| 00:00:24 | 00:00:29 | currently sells both purely information |
| 00:00:27 | 00:00:31 | products versus purely ecommerce |
| 00:00:29 | 00:00:33 | products as well I want to preface this |
| 00:00:31 | 00:00:36 | by saying if you're looking for an easy |
| 00:00:33 | 00:00:37 | you know easy way to make money online |
| 00:00:36 | 00:00:40 | unfortunately guys there is no easy |
| 00:00:37 | 00:00:42 | every business has its drawbacks every |
| 00:00:40 | 00:00:44 | business has its pros and it's cons |
| 00:00:42 | 00:00:47 | which I want to cover here today now |
| 00:00:44 | 00:00:49 | also before we get into into all of this |
| 00:00:47 | 00:00:52 | I want to tell you something really |
| 00:00:49 | 00:00:54 | important it is to never limit yourself |
| 00:00:52 | 00:00:56 | okay never limit yourself or your |
| 00:00:54 | 00:00:59 | business or the amount of money that you |
| 00:00:56 | 00:01:00 | can make okay what a lot of people do is |
| 00:00:59 | 00:01:02 | they think they are an e-commerce |
| 00:01:00 | 00:01:03 | business that's where you're wrong you |
| 00:01:02 | 00:01:07 | are not an e-commerce business you are a |
| 00:01:03 | 00:01:09 | business okay now if you can sell your |
| 00:01:07 | 00:01:12 | current customers information products |
| 00:01:09 | 00:01:14 | which are a very high margin right you |
| 00:01:12 | 00:01:16 | can utilize that in your e-commerce |
| 00:01:14 | 00:01:19 | business you can also sell affiliate |
| 00:01:16 | 00:01:21 | marketing product products back to your |
| 00:01:19 | 00:01:23 | e-commerce customers you could sell |
| 00:01:21 | 00:01:24 | ecommerce products to your information |
| 00:01:23 | 00:01:26 | product customers |
| 00:01:24 | 00:01:28 | okay so never limit yourselves the |
| 00:01:26 | 00:01:30 | people that become extremely wealthy in |
| 00:01:28 | 00:01:31 | life are the ones that expose multiple |
| 00:01:30 | 00:01:33 | sources of income |
| 00:01:31 | 00:01:35 | okay that's extremely important to |
| 00:01:33 | 00:01:37 | understand so you in your businesses |
| 00:01:35 | 00:01:39 | treat them as such when you see |
| 00:01:37 | 00:01:40 | opportunities take them you are in |
| 00:01:39 | 00:01:42 | business |
| 00:01:40 | 00:01:45 | okay the businesses that survive are the |
| 00:01:42 | 00:01:46 | businesses that can adapt now what we |
| 00:01:45 | 00:01:48 | like to tok about on the e-commerce |
| 00:01:46 | 00:01:50 | Empire builders here is we like I like |
| 00:01:48 | 00:01:52 | to mix it all together into our |
| 00:01:50 | 00:01:54 | e-commerce businesses all right because |
| 00:01:52 | 00:01:56 | I want to set you guys up for success |
| 00:01:54 | 00:01:58 | for long term businesses not these |
| 00:01:56 | 00:01:59 | one-and-done sort of things where you |
| 00:01:58 | 00:02:00 | make it ten thousand bucks in a month |
| 00:01:59 | 00:02:02 | and then nobody hears from you ever |
| 00:02:00 | 00:02:03 | again I want you to build something |
| 00:02:02 | 00:02:06 | great I want you to build something |
| 00:02:03 | 00:02:07 | sustainable into the future okay so with |
| 00:02:06 | 00:02:09 | our e-commerce businesses I primarily |
| 00:02:07 | 00:02:11 | use subscription-based |
| 00:02:09 | 00:02:13 | sales funnels to build our dropshipping |
| 00:02:11 | 00:02:14 | businesses that are more profitable |
| 00:02:13 | 00:02:17 | and they are a better experience for |
| 00:02:14 | 00:02:18 | your customers we mix in information in |
| 00:02:17 | 00:02:20 | there we mix in affiliate marketing |
| 00:02:18 | 00:02:22 | deals as well so we can expose those |
| 00:02:20 | 00:02:23 | opportunities and make our business as |
| 00:02:22 | 00:02:25 | much money while also serving our |
| 00:02:23 | 00:02:27 | customers at the highest possible level |
| 00:02:25 | 00:02:31 | that we can and help them get the result |
| 00:02:27 | 00:02:33 | that they want now pluses and minuses |
| 00:02:31 | 00:02:35 | guys as somebody that also sells courses |
| 00:02:33 | 00:02:37 | we have a program called ecommerce |
| 00:02:35 | 00:02:38 | Empire Academy where we teach our you |
| 00:02:37 | 00:02:41 | know subscription-based sales funnel |
| 00:02:38 | 00:02:44 | processes traffic all that kind of stuff |
| 00:02:41 | 00:02:46 | in there that is a purely digital |
| 00:02:44 | 00:02:48 | digital thing right this is my that was |
| 00:02:46 | 00:02:52 | my first ever digital thing my entire |
| 00:02:48 | 00:02:55 | career of e-commerce and online |
| 00:02:52 | 00:02:57 | marketing I've always sold usually |
| 00:02:55 | 00:02:58 | physical products I've done some |
| 00:02:57 | 00:02:59 | affiliate marketing when I was in |
| 00:02:58 | 00:03:02 | college ten years ago some of you guys |
| 00:02:59 | 00:03:03 | know you know I didn't really have much |
| 00:03:02 | 00:03:06 | luck there made a little bit of money in |
| 00:03:03 | 00:03:07 | college which was fantastik it was |
| 00:03:06 | 00:03:09 | really my introductory to the online |
| 00:03:07 | 00:03:11 | marketing world but really all of my |
| 00:03:09 | 00:03:13 | success has come from e-commerce a year |
| 00:03:11 | 00:03:16 | and a half ago roughly maybe a little |
| 00:03:13 | 00:03:18 | less time I started this channel sharing |
| 00:03:16 | 00:03:19 | my my strategies for building these |
| 00:03:18 | 00:03:21 | subscription-based sales funnels for |
| 00:03:19 | 00:03:23 | dropshipping businesses e-commerce |
| 00:03:21 | 00:03:25 | businesses and if you're interested in |
| 00:03:23 | 00:03:26 | learning more about that strategy that |
| 00:03:25 | 00:03:27 | we use you can click down below in the |
| 00:03:26 | 00:03:29 | description of this video you'll be able |
| 00:03:27 | 00:03:30 | to attend a sales funnel masterclass |
| 00:03:29 | 00:03:34 | where I show you that entire process now |
| 00:03:30 | 00:03:38 | being in the game of selling a purely |
| 00:03:34 | 00:03:41 | only digital program I saw that there |
| 00:03:38 | 00:03:42 | was a lot of a lot of different things |
| 00:03:41 | 00:03:44 | that I've never been accustomed to |
| 00:03:42 | 00:03:46 | typically with our e-commerce businesses |
| 00:03:44 | 00:03:48 | we mix the physical and the digital |
| 00:03:46 | 00:03:50 | together so you don't get a lot of |
| 00:03:48 | 00:03:52 | resistance now you guys who are selling |
| 00:03:50 | 00:03:55 | physical products you are actually at a |
| 00:03:52 | 00:03:57 | much bigger advantage for example like |
| 00:03:55 | 00:03:59 | Amazon let's just use Amazon as an |
| 00:03:57 | 00:04:02 | e-commerce example here when people buy |
| 00:03:59 | 00:04:03 | from Amazon right they feel it right |
| 00:04:02 | 00:04:05 | they have the antikipation of the |
| 00:04:03 | 00:04:07 | package coming opening up the package |
| 00:04:05 | 00:04:09 | seeing the product they have the |
| 00:04:07 | 00:04:12 | antikipation okay that's the that's the |
| 00:04:09 | 00:04:14 | luxury you get with physical goods now |
| 00:04:12 | 00:04:17 | with digital it's not like that |
| 00:04:14 | 00:04:19 | unfortunately with digital people don't |
| 00:04:17 | 00:04:21 | get that feeling okay they don't get the |
| 00:04:19 | 00:04:22 | feeling like something's arriving like |
| 00:04:21 | 00:04:25 | Christmas you know they don't get that |
| 00:04:22 | 00:04:26 | same thing and this is why I encourage |
| 00:04:25 | 00:04:29 | you guys |
| 00:04:26 | 00:04:31 | to mix both so what we started doing to |
| 00:04:29 | 00:04:32 | to combat these things because a lot of |
| 00:04:31 | 00:04:34 | believe it or not like a lot of |
| 00:04:32 | 00:04:36 | customers guys they want something to |
| 00:04:34 | 00:04:38 | hold okay it doesn't matter if you're |
| 00:04:36 | 00:04:40 | something like necessarily just digital |
| 00:04:38 | 00:04:42 | purely you have to mix in some some |
| 00:04:40 | 00:04:44 | physical stuff in there as well so one |
| 00:04:42 | 00:04:45 | thing that we do is we have a look a |
| 00:04:44 | 00:04:48 | little bit of a like a secret Welcome |
| 00:04:45 | 00:04:50 | kit or send out a t-shirt to our to our |
| 00:04:48 | 00:04:52 | new to our new customers that come and |
| 00:04:50 | 00:04:55 | join the Academy right and you can only |
| 00:04:52 | 00:04:57 | get this t-shirt that way so that's like |
| 00:04:55 | 00:04:59 | part of it right like okay now when they |
| 00:04:57 | 00:05:00 | join our program like they get some some |
| 00:04:59 | 00:05:02 | physical thing now we have a bunch of |
| 00:05:00 | 00:05:04 | cool other things for you guys inside |
| 00:05:02 | 00:05:05 | the Academy a bunch of cool really cool |
| 00:05:04 | 00:05:08 | things I'm excited for for 2019 to be |
| 00:05:05 | 00:05:09 | sending you guys along with the existing |
| 00:05:08 | 00:05:10 | and then you knew new students that are |
| 00:05:09 | 00:05:13 | coming in there as well |
| 00:05:10 | 00:05:14 | mixing in that physical with the digital |
| 00:05:13 | 00:05:16 | right because people when they |
| 00:05:14 | 00:05:18 | especially if you are maybe if you're |
| 00:05:16 | 00:05:19 | somebody that has like a program like |
| 00:05:18 | 00:05:21 | maybe you you have like a fitness |
| 00:05:19 | 00:05:23 | program mixed in with your e-commerce |
| 00:05:21 | 00:05:26 | business right maybe you're selling like |
| 00:05:23 | 00:05:29 | some sort of some sort of fitness kit |
| 00:05:26 | 00:05:31 | fitness thing as your front end offer |
| 00:05:29 | 00:05:33 | when people come to maybe your |
| 00:05:31 | 00:05:35 | continuity page where you have like a |
| 00:05:33 | 00:05:36 | monthly thing maybe you go live inside a |
| 00:05:35 | 00:05:38 | Facebook group maybe you give them |
| 00:05:36 | 00:05:40 | digital meal plans meal prepping guides |
| 00:05:38 | 00:05:42 | and those kind of things you want to |
| 00:05:40 | 00:05:44 | start thinking about on that continuity |
| 00:05:42 | 00:05:46 | piece like even though your margin is so |
| 00:05:44 | 00:05:48 | good because you're just selling |
| 00:05:46 | 00:05:49 | information you also want to think like |
| 00:05:48 | 00:05:51 | how can you add physical in there |
| 00:05:49 | 00:05:53 | because it's so important guys |
| 00:05:51 | 00:05:57 | information products are very high |
| 00:05:53 | 00:05:59 | margin but they're also very very not as |
| 00:05:57 | 00:06:01 | customer friendly I guess is the best |
| 00:05:59 | 00:06:03 | word to say it because again your |
| 00:06:01 | 00:06:04 | customer wants to feel something |
| 00:06:03 | 00:06:07 | physical they want to feel it they want |
| 00:06:04 | 00:06:09 | to become part of your tribe okay so |
| 00:06:07 | 00:06:10 | what I recommend people do is if you do |
| 00:06:09 | 00:06:13 | like a continuity program and it's |
| 00:06:10 | 00:06:14 | purely information based think maybe how |
| 00:06:13 | 00:06:15 | you can like throw a t-shirt in there |
| 00:06:14 | 00:06:17 | right this costs a lot like I mean these |
| 00:06:15 | 00:06:18 | are kind of expensive because I love the |
| 00:06:17 | 00:06:20 | quality of these so we send the good |
| 00:06:18 | 00:06:23 | stuff out so these are like 20 30 bucks |
| 00:06:20 | 00:06:25 | to ship out but you don't have to |
| 00:06:23 | 00:06:27 | necessarily do an expensive fancy |
| 00:06:25 | 00:06:30 | t-shirt maybe you can do something where |
| 00:06:27 | 00:06:32 | you set up an iPhone background right |
| 00:06:30 | 00:06:33 | where it maybe reminds them of their |
| 00:06:32 | 00:06:35 | fitness goals or at least they see it |
| 00:06:33 | 00:06:36 | right so it's something a little bit |
| 00:06:35 | 00:06:38 | something more tangible still low cost |
| 00:06:36 | 00:06:40 | to you or maybe like a planner that |
| 00:06:38 | 00:06:42 | could send out to them so they can track |
| 00:06:40 | 00:06:44 | their meal guides their workout guides |
| 00:06:42 | 00:06:45 | and keeping them motivated because I |
| 00:06:44 | 00:06:48 | honestly could tell your refund rates |
| 00:06:45 | 00:06:50 | will be a lot lower if you do mix in |
| 00:06:48 | 00:06:51 | those kind of information product or if |
| 00:06:50 | 00:06:53 | those physical products in with your |
| 00:06:51 | 00:06:55 | information and back to the main point |
| 00:06:53 | 00:06:57 | when we were when I started this video |
| 00:06:55 | 00:06:58 | is you never want to limit yourself with |
| 00:06:57 | 00:07:00 | the amount of money you make in life |
| 00:06:58 | 00:07:03 | guys a lot I see a lot of people inside |
| 00:07:00 | 00:07:05 | of Facebook groups inside of the |
| 00:07:03 | 00:07:07 | comments on this channel a lot of you |
| 00:07:05 | 00:07:09 | guys are in are in like a one-track mind |
| 00:07:07 | 00:07:11 | greater like oh I'm a dropship or you're |
| 00:07:09 | 00:07:14 | not you're not a dropship or you're a |
| 00:07:11 | 00:07:15 | business owner okay and the sooner you |
| 00:07:14 | 00:07:17 | start treating yourself as a business |
| 00:07:15 | 00:07:19 | owner sooner you start treating your |
| 00:07:17 | 00:07:21 | customers like actual customers and |
| 00:07:19 | 00:07:23 | human beings and not just people you |
| 00:07:21 | 00:07:24 | make a couple bucks off of the sooner |
| 00:07:23 | 00:07:26 | you're actually gonna be able to get to |
| 00:07:24 | 00:07:27 | seven figures eight figure level okay |
| 00:07:26 | 00:07:30 | because you're never gonna get you're |
| 00:07:27 | 00:07:31 | never going to get there with if you if |
| 00:07:30 | 00:07:34 | you don't put that customer first okay |
| 00:07:31 | 00:07:36 | and I encourage you guys to to get that |
| 00:07:34 | 00:07:39 | get there quickly expose as many |
| 00:07:36 | 00:07:41 | opportunities as you can in both |
| 00:07:39 | 00:07:43 | dropshipping ecommerce I consider them |
| 00:07:41 | 00:07:45 | both one the same really drop shipping |
| 00:07:43 | 00:07:47 | again it's just a very starting point |
| 00:07:45 | 00:07:49 | before you brand and source and ship |
| 00:07:47 | 00:07:51 | your own private label products into the |
| 00:07:49 | 00:07:53 | States here or wherever you're you're |
| 00:07:51 | 00:07:55 | gonna ship out to your customers mix in |
| 00:07:53 | 00:07:57 | that information that perceived value is |
| 00:07:55 | 00:08:00 | everything right when you're crafting |
| 00:07:57 | 00:08:01 | your offers who have perceived value the |
| 00:08:00 | 00:08:03 | perceived values killer |
| 00:08:01 | 00:08:05 | okay guys you need to have high |
| 00:08:03 | 00:08:07 | perceived value especially when you're |
| 00:08:05 | 00:08:09 | running cold facebook traffic to a to a |
| 00:08:07 | 00:08:11 | landing page that of people that have |
| 00:08:09 | 00:08:12 | never heard of you or have never bought |
| 00:08:11 | 00:08:14 | from you before okay you need the |
| 00:08:12 | 00:08:17 | perceived value needs to be higher do |
| 00:08:14 | 00:08:19 | never lower your price okay add more |
| 00:08:17 | 00:08:21 | value never lower your price add more |
| 00:08:19 | 00:08:24 | value and you could do that very well |
| 00:08:21 | 00:08:26 | and very easily with information |
| 00:08:24 | 00:08:29 | products so always always always guys |
| 00:08:26 | 00:08:31 | mix them all in okay mix them all in |
| 00:08:29 | 00:08:33 | expose as many opportunities you can if |
| 00:08:31 | 00:08:35 | you can get away with just selling |
| 00:08:33 | 00:08:37 | information products in your upsells in |
| 00:08:35 | 00:08:39 | your continuity stuff do it but think a |
| 00:08:37 | 00:08:41 | little bit outside the box how can I |
| 00:08:39 | 00:08:42 | throw in some sort of low cost physical |
| 00:08:41 | 00:08:44 | goods in there maybe like a wrist band |
| 00:08:42 | 00:08:46 | or something like just so they can get |
| 00:08:44 | 00:08:48 | something right I'm telling you it'll |
| 00:08:46 | 00:08:50 | make a world of a difference I can tell |
| 00:08:48 | 00:08:51 | you our retention for our Academy |
| 00:08:50 | 00:08:52 | students the ones that are more engaged |
| 00:08:51 | 00:08:54 | inside the group |
| 00:08:52 | 00:08:55 | are the ones that came in when we |
| 00:08:54 | 00:08:57 | started putting these on because we're |
| 00:08:55 | 00:08:59 | now in a color when our customers put |
| 00:08:57 | 00:09:01 | these on right they self-identify with |
| 00:08:59 | 00:09:04 | our movement okay like this is my |
| 00:09:01 | 00:09:06 | movement like the Empire builders are my |
| 00:09:04 | 00:09:08 | movement okay and that's like a way for |
| 00:09:06 | 00:09:09 | everybody to self identify with each |
| 00:09:08 | 00:09:11 | other right like when we were at funnel |
| 00:09:09 | 00:09:12 | hacking live was so amazing seeing a |
| 00:09:11 | 00:09:14 | bunch of you guys wearing your t-shirts |
| 00:09:12 | 00:09:16 | taking pictures together right like |
| 00:09:14 | 00:09:17 | we're family I consider us all family |
| 00:09:16 | 00:09:18 | and if you're brand new to the channel |
| 00:09:17 | 00:09:20 | make sure you subscribe to our |
| 00:09:18 | 00:09:21 | notification ball and join us we got |
| 00:09:20 | 00:09:24 | there's so much content on this channel |
| 00:09:21 | 00:09:25 | and it's just been so so amazing to see |
| 00:09:24 | 00:09:27 | how far it come I'd never even thought |
| 00:09:25 | 00:09:29 | something like this would ever happen |
| 00:09:27 | 00:09:30 | and the opportunities that have been |
| 00:09:29 | 00:09:32 | presented even just from starting this |
| 00:09:30 | 00:09:34 | YouTube channel but besides the point |
| 00:09:32 | 00:09:36 | guys if you're just getting started with |
| 00:09:34 | 00:09:38 | e-commerce make sure you mix in it |
| 00:09:36 | 00:09:41 | affiliate marketing digital products |
| 00:09:38 | 00:09:43 | right expose as many opportunity as you |
| 00:09:41 | 00:09:44 | can and revenue streams for your |
| 00:09:43 | 00:09:46 | business that's gonna be the fast-track |
| 00:09:44 | 00:09:48 | for you to make more money and make the |
| 00:09:46 | 00:09:49 | changes or invest in your life or invest |
| 00:09:48 | 00:09:51 | in your family or whatever your plans |
| 00:09:49 | 00:09:53 | are when you actually do a 10 get money |
| 00:09:51 | 00:09:54 | right don't spend it all on like a |
| 00:09:53 | 00:09:56 | Lamborghini or something like that |
| 00:09:54 | 00:09:57 | invest in your future but guys that is |
| 00:09:56 | 00:09:59 | it for today's video if you're brand new |
| 00:09:57 | 00:10:00 | here to the commerce Empire builders |
| 00:09:59 | 00:10:01 | just want to give you a warm warm |
| 00:10:00 | 00:10:03 | welcome make sure you turn that |
| 00:10:01 | 00:10:05 | notification about on that subscribe |
| 00:10:03 | 00:10:06 | button is down below smash it smash the |
| 00:10:05 | 00:10:08 | like button as well if you found this |
| 00:10:06 | 00:10:10 | video helpful if you have any comments |
| 00:10:08 | 00:10:11 | for me suggestions for video topics you |
| 00:10:10 | 00:10:12 | would love to see on the channel make |
| 00:10:11 | 00:10:14 | sure you drop a comment down below or |
| 00:10:12 | 00:10:16 | give me a comment what you think about |
| 00:10:14 | 00:10:18 | digital products affiliate products |
| 00:10:16 | 00:10:19 | information products how or a physical |
| 00:10:18 | 00:10:21 | products what do you think about this |
| 00:10:19 | 00:10:22 | mixture are you currently doing it are |
| 00:10:21 | 00:10:24 | you planning to do it I hope you plan to |
| 00:10:22 | 00:10:26 | do it otherwise you just wasted your |
| 00:10:24 | 00:10:27 | time watching this video and if you are |
| 00:10:26 | 00:10:29 | brand new to e-commerce or you're |
| 00:10:27 | 00:10:32 | currently struggling Shopify seller |
| 00:10:29 | 00:10:34 | Amazon FBA seller please please do |
| 00:10:32 | 00:10:36 | yourself a favor attend the sales funnel |
| 00:10:34 | 00:10:38 | masterclass training down below in the |
| 00:10:36 | 00:10:40 | description of this video I show you why |
| 00:10:38 | 00:10:42 | I was never able to pay myself for my |
| 00:10:40 | 00:10:44 | Shopify businesses my Amazon FBA |
| 00:10:42 | 00:10:46 | businesses and until I use it started |
| 00:10:44 | 00:10:48 | using the subscription-based sales |
| 00:10:46 | 00:10:50 | funnels was I actually able to quit my |
| 00:10:48 | 00:10:53 | job and really scale my businesses |
| 00:10:50 | 00:10:54 | seven-figure level but guys that is it |
| 00:10:53 | 00:10:55 | for today's video I hope you have an |
| 00:10:54 | 00:10:58 | absolutely fantastik rest of your day |
| 00:10:55 | 00:11:10 | and remember your empire starts now |
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