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Everyone tends to ask what I do in my free time to create a steady outcome out of my day to day lifestyle and one of the things that I do would be called drop shipping..

I started out doing this early before it actually became kinda what it is today back in 2014-2015
Dropshipping is a type of retail fulfillment method. Instead of a store stocking products,it purchases the products from a third party supplier. The products are then shipped directly to the consumer & the store or company never touches the products.

Sounds too easy I’m sure lol
Dropshipping is great for entrepreneurs because it doesn’t demand as much as the traditional retail model. You don’t have to open a brick-and-mortar store, pay overhead, and stock products.
The merchant is mainly responsible for gaining customers and processing orders in dropshipping, meaning you’ll effectively be a middleman.

This requires little to no work in a way! You must remain consistent and you must know the market that you are selling in.
Benefits of Dropshipping.

-Dropshipping is easy to start; You don’t need to be a business guru to get started. In fact,you don’t even need any prior business experience!

-Dropshipping is easy to grow; As you scale up,your business model doesn’t have to change very much at all.
-Dropshipping doesn’t demand a lot of capital; Because starting a dropshipping business requires so little, you can get started with minimal funds.

-Dropshipping is flexible; one of its biggest benefits. You get to be your own boss and set your own rules.
Disadvantages of Dropshipping..

-Dropshipping has slim margins; One of the disadvantages of dropshipping is that you should expect low margins initially.

-Dropshipping can make order processing difficult; Dropshipping seems straightforward: the customer orders, you process, and
your supplier fulfills. And for the most part, it is simple. However, if you’re sourcing products from multiple suppliers, you might run into some problems (Shipping Times, Cost, Etc)
-Dropshipping doesn’t give you a lot of control; One of the disadvantages of dropshipping is that you don’t have much control over certain aspects of the dropshipping process (Relying on suppliers and manufacturers can suck)!
-Dropshipping makes customer service more challenging; It’s hard for others to understand that it’s not your fault that things are taking longer. As I mentioned above it can be frustrating all the way around.
Is dropshipping for you?

It’s whatever you make it to be. Some of you may be asking yourself these questions!

“I don’t know if I have enough time to start a business.”

“I don’t want to risk getting fired from my day job.”
“I don’t want to work so hard on dropshipping that I underperform at my 9-to-5.”

I’m sure the list continues, but you must realize it’s really something that you can do while you are sleep or on vacation and even at work!
The dropshipping process..

Below is a brief diagram of how it looks from start to end..
Understanding the supply chain..

You, the retailer, are just one piece of the puzzle. A successful dropshipping operation relies on multiple parties all working together in sync.

The supply chain is exactly that:the coordination of the manufacturer, supplier, and retailer.
The supply chain can be broken down into 3 basic steps:

1) The manufacturer creates the products and sells them in bulk to suppliers and wholesalers.
** Let’s say Manufacturer A makes water bottles. After the bottles roll off the production line, they’re sold in bulk to
suppliers and wholesalers, who turn around and resell the bottles to retailers.**

2) Suppliers and wholesalers sell the products to retailers.
** A retailer like yourself searches out a supplier for a specific type of product. The retailer and supplier then enter into an
agreement to work together.**

3) Retailers sell the products to consumers.
** Suppliers and wholesalers do not sell directly to the public; that’s the retailer’s job.The retailer is the final step between the product and the consumer.**
What do you need to get started with drop shipping..

Some important keys will be below..

-Value; Before you go looking for suppliers (and before you even choose a niche), you need to focus on value.
Many dropshipping businesses don’t care about value.

Dropshipping has gained a somewhat bad reputation because many dropshipping retailers are just trying to outsell their competitors by offering cheaply made products.☝🏾
REMEMBER...

The best way to focus on value is to build it into your dropshipping business from the start. Everything you do should add value to your audience in some way.

Quality >>> Quantity
If value is your number one priority, you’ll be much more likely to get consumers attention, and your business will last much longer than other dropshippers who just want to make a quick buck.
Wondering how you can make value your priority? Well, there are some important questions you need to ask yourself before doing anything else...
Who are you trying to help?

What type of people do you want to reach, and what do they want?

What niche(s) could you add value to?

What kinds of products do customers in my niche want?

How can I put my customers first?
ALSO REMEMBER..!!

In short, the best way to provide value is to listen to your potential customers, find out what they want, and then give it to them.

Your job is to give customers the best possible experience.
Keeping value a priority has tangible benefits for your dropshipping business.

Having this attitude will help you..

-Acquire and retain customers

-Grow a loyal customer base

-Stand out from your competitors

-Make your business unique and trustworthy
The right product..

Sometimes it can seem like retailers are dropping like flies, and it can be discouraging at first.

But there are common mistakes that tons of dropshippers make.
One of those mistakes is choosing the wrong dropshipping product.

That’s right, one of the most common reason dropshipping retailers fail is because they chose the wrong product.
Most common products include..

-Phone accessories (especially cases)

-Clothing

-Beauty/cosmetics products

-Books

-Entertainment (e.g., movies, music, etc.)

These are a high competition product in the drop shipping world!
The right products to sell..

It’s not as simple as choosing dropshipping products that seem popular. You need to be picky about your products.
In order to establish a successful dropshipping business, you need to select your products carefully and base your choices on what your audience wants and needs.
The industry 📦🤑

While looking at bestselling products is a good place to start, it’s not the be-all, end-all of product selection.

You have to make sure the products you offer have significant value to your customer base.
Once you start dropshipping products, you might decide to change the items you offer according to your audience’s needs.

Still, aim to start off strong and establish a line of products that will do well for you.
An incorporated business..

Most suppliers and wholesalers require any business they work with to be legally incorporated.

In fact, if you’re not incorporated, most wholesalers won’t show you their pricing or other details. That’s how important it is.
Dropshipping may take place online, but it still needs to be conducted according to the law.

Read this but be sure to remember it at some point..

Your favorite “Twitter guru” isn’t giving you these heads up that ima let you know
Supplier(s)

Where to locate this folks at and how to reach out to them..
Man I just realized this GIF is so messed up but forgive me 🥴🤦🏽‍♂️😂
You’ll need to put some serious time and consideration into this part of the process.

You don’t want to choose the first wholesaler you see, and you also don’t want to blindly go with the most popular suppliers you can find with a Google search.
Downloading these apps will help you a lot.. Understanding each one is even better.. You’ll learn more later about them

-Alibaba

-What’s App

-eBay

-AmazonSeller

-Amazon

-Scoutify 2
Your game plan...

There’s one last major ingredient you need a game plan.

By game plan I mean a vision for your business and actionable steps to make that vision happen.
Here are a few examples..

-Getting sales

-Taking a certain angle in your niche

-Digital marketing strategies

-Optimizing your online store

This is also a good time to ask the tough questions so you can prepare yourself for them.
For example, what if you’re getting nowhere after 6 months? 1 year? It’s not fun to think about these kinds of things, but doing so might save you from utter failure.
Another question you might want to ask yourself is, “Ideally, where do I want my business to go over the next X years?”

This is a more general question that can help guide your vision.
Let’s get started on some basic how to tutorials now..

Please pay attention as this will be brief and short.. The ebook will have more in depth scenarios
By now, you should know the following..

-The niches you’re interested in

-The types of products you want to offer

-Your plan for your store’s future
If you want to turn dropshipping into a steadily flowing stream of income, you’ll need to choose your niche carefully.

Think about it. The niche you choose will influence
What products you offer

-How much you sell

-Which suppliers you work with

-What marketing strategies you use

-How successful your business will ultimately be
It’s a big decision, and it’s not one to be taken lightly.

Too often, dropshippers realize the niche they chose isn’t working out, and they have to go back square one.
That can be a colossal waste of time, money, and other important resources, especially if you’ve been at it for a while.

The more thought you put into selecting a niche, the sturdier your business will be. You won’t doubt yourself a few months down the road.
How to evaluate dropshipping niche ideas..

Choosing a niche can be confusing. There are millions of niches, so it’s tricky to know which ones are viable.

To make matters worse, many of those niches have established businesses you’d be competing directly against.
It’s the million dollar question: how do you break into a profitable niche as a newbie?

Luckily, there are tactics you can use to choose a great niche in a matter of weeks (or even days, though you shouldn’t rush it).
Sit back and determine the following:

-The level of competition

-The demand for physical niche products

-The long term forecast of niche popularity

The best dropshipping niche would have low to medium competition and high demand. It would also stay popular indefinitely.
1) Search for trending or low-competition niches. (Screenshots below)

Begin by doing a simple Google search for ‘trending niches or low-competition niches.

You’ll have to narrow your search a lot, but this is a basic start.
The more niche products you can offer, the better. You don’t want to sell everything under the sun, but you do want to have a good amount of variety.

That’s why a niche that has lots of products is great for dropshipping. It gives you a ton of room for growth and expansion.
You want to choose a niche that has sufficient interest and product demand to sustain a retail business.

Often, you will have to compromise, and it’s a matter of knowing how to compromise.
Instead of just wanting to sell a product because it’s popular..

Ask yourself this..

Can I bring value to this product?

This is another question few dropshippers ask. Most people think that opening up a store is a form of adding value, but that’s not always true
2) Search for existing retailers.

For now, simple Google searches will suffice.

Use various combinations and product keywords to see who’s selling what, and pay attention to who the big players are (i.e., the retailers you see over and over again).
This step really deserves an analytical approach if you want to get the most out of it. I recommend keeping a list of the retailers you find and making sure to record details like their name, website, and social handles. (A Google Spreadsheet is great for this.)
Once you’ve gotten a list of 5-10 retailers, take this opportunity to also look at each store’s online presence.

You don’t need to do extensive research at this point. Just take a look at each retailer’s site and social media accounts to get a rough idea of their strategies.
See what kinds of content they post, how they engage customers, and when they mention their products.

If you can’t find many retailers, that could be a good or a bad sign. Low competition is great, but you still need to have a sizeable audience to buy your products.
Hot Trends That Lived & Died..

Think about the lasting “Keep Calm and ____” trend.

While you could strike gold with the right catchphrase, this idea isn’t the best for
a dropshipping store. The trend will eventually die out (even if it takes a couple of years),!
While you could strike gold with the right catchphrase, this idea isn’t the best for
a dropshipping store. The trend will eventually die out (even if it takes a couple of years),
This will be the last tweet for the night.. I will go more in depth tomorrow with Marketing, Keyword Searches, Pricing, Analyzing Competition and much more..

Be sure to read this first part and research and gameplan.. Watch drop shipping videos on YouTube tonight☝🏾
If I can make over 11k in a legit weeks than I’ll be sure that you can as well..

I can’t spoon feed you all but it’ll take the legwork from you all to make this happen..

I damn near touch this weekly from dropshipping outdide of my other stuff I do daily..

Hustle and work💯
Outside**
Add another 21k to this ..

At this point with around 11k in 2 weeks and then 21k+ in 3 months.. We can say we are 32k in profit within this time..

Not even showing the full stats from my other stores, but this is damn near what some people make in a year..

It’s too easy
Also if you have products that you want to possibly sell to drop ship (Please no personal brands) look at trends.google.com

Type in what you are wanting to sell and look at the trend chart to see what people are searching about it on google..
Go to Aliexpress.com and then look to see what’s selling in what you want to sell..

Be sure that the product has over 1k orders.. The higher the orders the better, just because we know it’s in demand.. See screenshots below.

Go to the trends on Google now
As you can see from the trend, it’s a high search item with ease..
You would then market on IG and Facebook using the trend search..

I’ll explain this at some point but play around with this and see what you can find..

Write it down and gameplan the shit
The Ebook on this Releases tomorrow night but it’ll best to preorder because after a certain amount of orders I’ll be ending this. gumroad.com/l/FbyEJ

I’ll be still talking about it tonight to finish it off but if you want the full in depth how to then $30 will be worth it
The basics of selling products online

-Gain rights to exclusive distribution or pricing.

-Sell at lower prices than your competitors.

-Add value

When it comes to dropshipping products, adding value is the surest way to succeed. It’s also the easiest strategy in many respects.
Pricing

Obviously pricing is something you must consider carefully if you want to sell products online, but many entrepreneurs don’t give it the attention it deserves.
Many manufacturers set a minimum advertised price (MAP). If a product has a MAP, it means you, as a reseller, have to price the item at or above that price.

MAPs limit the amount of profit you can make, but this is a small compromise for the benefits that MAPs bring.
Some manufacturers don’t set MAPs for their items, which makes selling a bit trickier. You could find yourself losing sales because some other store is selling the same product for less.

Overall, products with MAPs are better for your bottom line.
You also want to think about the price range for the items you’ll offer. Although being the cheapest retailer is a bad strategy, you do want to be able to price competitively, and you’ll want to offer items that are accessible to customers.
That’s why the range of $100 to $200 (give or take $50 or so) is often considered the sweet spot for dropshipping products.

You can make a solid profit and offer appealing prices to your customers without having to spend a pretty penny on customer support solutions.
Marketing

You don’t have to create super-detailed marketing strategies at this point, but you should have a general idea of how you’re going to market your products.

What channels could you use for marketing? What are other retailers doing?
Are there many ways to market the dropshipping products in your niche, or are you limited?

You can take a page from your competitors books by seeing what kinds of marketing strategies they use and then analyzing which ones could work for you.
Wrapping it up: 3 steps for selecting dropshipping products

STEP 1: Survey all of the products in your niche.

STEP 2: Cross-reference the products you found with best selling products from retailers.

STEP 3: Make sure the products fill a need.
Product selection is ongoing

Now you’ll have a list of great dropshipping products (and the data to back it up).

You should also understand why these products are valuable and what specific value they offer to customers in your niche.
Legal

Choosing a business structure

The first step in setting up a business is deciding how the business will be set up. Since you’re likely a one-person operation, this is typically pretty straightforward.
Sole Proprietorship. This is the simplest business structure. The IRS defines this structure as ‘someone who owns an unincorporated business by himself or herself. Many self-employed workers (like freelancers) are sole proprietors.
Partnership. If you want to start up your business with a partner, your company may fall under partnership jurisdiction. This is simply ‘the relationship existing between two or more persons who join to carry on a trade or business,’ according to the IRS.
Limited Liability Company (LLC). Ever seen a business name with LLC at the
end? That means it’s a Limited Liability Company.

Under this structure, personal and business finances are separated, meaning your business will be a separate legal entity from your personal finances.
C Corporation. This option provides the highest level of liability protection.

This is how most major businesses are set up. However, becoming a C Corp is a more complex process, and a C Corp may be subject to double taxation.
Again, since I’m not a legal expert, I can’t suggest one of these structures. I can say that most entrepreneurs who have smaller businesses usually choose a sole proprietorship or an LLC.

If you need assistance with this there are people who I follow who can assist!
Getting your Employer Identification Number (EIN)

This is a small but important step. Most people who run a business are required to have an EIN. An EIN is used by the IRS to identify a business entity. An EIN is like a Social Security number for a business, so it’s important.
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