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The Ultimate Guide to Dropshipping

ecommerce.shopify.com

11–20 of 58 posts

Re: The Ultimate Guide to Dropshipping

#11
post #2

Out of curiosity, if drop shipping enabled you to quit your job in finance a few years back ( http://ecommerce.shopify.com/guides/dropshipping/about-the-a... ) , why are you now 'giving away your secret sauce' by running a website dedicated to teach people how to setup "copycat" businesses? Is it that the drop shipping business has gotten so competitive that there is more money in teaching people about it than the bu…

I don't think drop shipping is really something where there are a small set of secrets an in crowd are operating on that anyone can come along and easily replicate. So I don't think more information is really going to effect current players that much.

Without reading the guide I would assume it doesn't tell you exactly which product you should sell and guarantees that you will be able to do a deal for someone to supply you that product. That is a large part of it, not really bigger though than any startup doing a key deal with another company.

From there you face many of the same challenges as any tech startup. Functioning and easy to use technology, effective and positive ROI marketing and great customer support.

Re: The Ultimate Guide to Dropshipping

#12
post #2

Out of curiosity, if drop shipping enabled you to quit your job in finance a few years back ( http://ecommerce.shopify.com/guides/dropshipping/about-the-a... ) , why are you now 'giving away your secret sauce' by running a website dedicated to teach people how to setup "copycat" businesses? Is it that the drop shipping business has gotten so competitive that there is more money in teaching people about it than the bu…

I'll have to let Andrew, my co-author, speak on why he left the corporate world to start his ecommerce blog. But I can share why I decided to write this. I noticed that most, if not all of the information on drop shipping is bullshit. The topic is riddled with scammers looking to rip you off. A few months ago I published a guest post about drop shipping on my company blog. It was written by my co-author. It was very…

That's admirable, but what about the answer to his question? You're giving away your secret sauce and introducing more competition into the market and lowering the barrier to entry.

Re: The Ultimate Guide to Dropshipping

#14
post #2

Out of curiosity, if drop shipping enabled you to quit your job in finance a few years back ( http://ecommerce.shopify.com/guides/dropshipping/about-the-a... ) , why are you now 'giving away your secret sauce' by running a website dedicated to teach people how to setup "copycat" businesses? Is it that the drop shipping business has gotten so competitive that there is more money in teaching people about it than the bu…

Co-author here, and a totally valid question! I started my blog about eCommerce / drop shipping for a number of reasons:

1) To expand my professional network and opportunities

I just finished co-writing a book with Shopify on drop shipping, which is something I never would have had the opportunity to do without the blog. It's allowed me to build credibility and expand my network.

Additionally, the blog allows me to reach out to really interesting people when I otherwise wouldn't be able to. For example, I recently interviewed Gary Vaynerchuk - something I never would have been to do without leveraging eCommerceFuel.

2) To connect with other eCommerce entrepreneurs

I've had the chance to connect with hundreds of other eCommerce merchants and share strategies and tips. I eventually hope to build a really vibrant community for small eCommerce merchants (as I think that's lacking online), and this is helping me accomplish that.

3) To eventually diversify my income stream with something new

Like all entrepreneurs, I think the desire to try new things is strong - especially after you've been doing the same thing for a while. I saw the blog as a way to create another income source that leveraged the experience I have.

While one of my eventual goals is to make money from the blog, my first priority is to keep the content extremely high quality, genuine, authentic and USEFUL. I wanted to give away a ton of useful information before I asked for anything in return.

Take the eBook on my site, for example. I spent 2 weeks solid writing it and I give it away for free. If you download it and don't think it's one of the better free resources you've come across online just let me know and I'll send you $20 via PayPal for wasting your time. :-)

4) To dispel the the idea of "easy money" online

You asked why I'm teaching people to setup "copycat" business, and I'd argue I'm doing nothing of the sort. 80% of success with any kind of business involves the execution and strategy - and not picking the perfect niche or having some "secret" sauce.

If Alexis Ohanian released a killer guide to programming in Python that doesn't mean someone is going to be able to create a Reddit copycat... ...at least one that will successfully compete with them. Also, just because someone is sharing their knowledge and/or tactics doesn't mean that their original project is no longer viable. It simply means they're interested in sharing their experience.

If building a profitable drop shipping business was an easy 48-hour project, I'd be less likely to share so publicly - you're right! But just like any business, it takes a lot of hard work. The knowledge is important, but the legwork is really what makes it difficult to implement.

I completely understand your skepticism as the online business space is full of scams. But hopefully if you invest a few minutes reading our guide, and my blog (http://www.eCommerceFuel.com) you'll realize we're committed to publishing quality, useful content and not trying to rip people off.

Let me know if you have any questions - happy to answer them.

Re: The Ultimate Guide to Dropshipping

#15
okay, I've never heard the term "drop shipping" before and I read the entire intro page and I still have no idea what it is. I guess you plan to tell me in Chapter One, but that's a lot more commitment than I want to make when I have no idea what you're talking about.

Re: The Ultimate Guide to Dropshipping

#16

Earlier quoted context omitted.

I'll have to let Andrew, my co-author, speak on why he left the corporate world to start his ecommerce blog. But I can share why I decided to write this. I noticed that most, if not all of the information on drop shipping is bullshit. The topic is riddled with scammers looking to rip you off. A few months ago I published a guest post about drop shipping on my company blog. It was written by my co-author. It was very…

That's admirable, but what about the answer to his question? You're giving away your secret sauce and introducing more competition into the market and lowering the barrier to entry.

Mark's co-author, Andrew, here. I just published a really length reply above, so hopefully that answers your question. In a nutshell, just like in business the biggest secret sauce is hard work and consistency - it's not like we're giving away the keys to the treasury where they print money!

With that being said, there are a lot of nuances to picking a good niche (especially in drop shipping where the competition can be fierce and margins low) and to operating a drop shipping business (as it can get logistically complex). Those are some of the things we're trying to shed more light on in the guide.

Re: The Ultimate Guide to Dropshipping

#18
post #15

okay, I've never heard the term "drop shipping" before and I read the entire intro page and I still have no idea what it is. I guess you plan to tell me in Chapter One, but that's a lot more commitment than I want to make when I have no idea what you're talking about.

Good feedback - we'll have to incorporate this into our 1st round of revisions.

Drop shipping is a fulfillment model where a merchant doesn't carry any inventory. Instead, they only purchase an item from a wholesaler when they receive an order from a customer. Then, they have that item shipped directly from the wholesale warehouse to the customer.

It allows a merchant to start a store without having to invest up-front in inventory, and without having to manage a warehouse.

Re: The Ultimate Guide to Dropshipping

#19
post #15

okay, I've never heard the term "drop shipping" before and I read the entire intro page and I still have no idea what it is. I guess you plan to tell me in Chapter One, but that's a lot more commitment than I want to make when I have no idea what you're talking about.

Really good feedback, thank you. We will add a quick definition in the introduction page.

Re: The Ultimate Guide to Dropshipping

#20
post #15

okay, I've never heard the term "drop shipping" before and I read the entire intro page and I still have no idea what it is. I guess you plan to tell me in Chapter One, but that's a lot more commitment than I want to make when I have no idea what you're talking about.

"Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product."

First paragraph after the introduction. I mean, this paragraph could probably be written in a gazillion different ways but to me this pretty much explains what Drop Shipping is..

Edit: It seems that this paragraph was added later. :)

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