The only way to make money on drop shipping - like most “make money on the internet”schemes - is to sell courses teaching others how to set up
Drop shipping.
...dropshipping isn’t just about pushing buttons. It requires a skillset.
If it didn't require a skillset, then my idiot brother-in-law stands just as much a chance at success as I do. If it didn't require a skillset, then the smart entrepreneur will hire a bunch of folks with no skills who will consequentially work for cheap, and make them do the drop-shipping. But as another comment on this page said, the real money is selling courses to people that think the road to riches is paved by button clicks of unskilled people.
In summary: FB ads don't work. If you want to sling cheap product you're going to have to be more interesting than generic ads, the people left without adblockers are pretty desensitized.
It's funny how his geniune ads keep getting banned by FB's AI with no recourse but to argue with a robot. I've heard similar stories before too. It's truly wtf.
I used to run a dropshipping business. Me and my ex partners made good money. We made 50k USD of sales for our best month.
However, after sometime I realized that it would probably not be sustainable, because its not very defendable and tariffs are springing up left and right. The nail in the coffin was when me and my ex partner had an argument.
Is it possible to make a lot of money with dropshipping? Of course, but like everything valuable in life it takes time and efforts.
Thanks on your article. It was honest. You didn't try to blame anyone else, nor yourself. You found the market bad, and the ability to find a "killer" product harder than many "you can get rich doing this" promoters wrong.
Readit News
2020 https://news.ycombinator.com/item?id=24243763
2020 https://news.ycombinator.com/item?id=23041138
2018 https://news.ycombinator.com/item?id=16503927
2013 https://news.ycombinator.com/item?id=5377821 - note the top comment, already saying what everybody says
If it didn't require a skillset, then my idiot brother-in-law stands just as much a chance at success as I do. If it didn't require a skillset, then the smart entrepreneur will hire a bunch of folks with no skills who will consequentially work for cheap, and make them do the drop-shipping. But as another comment on this page said, the real money is selling courses to people that think the road to riches is paved by button clicks of unskilled people.
However, after sometime I realized that it would probably not be sustainable, because its not very defendable and tariffs are springing up left and right. The nail in the coffin was when me and my ex partner had an argument.
Is it possible to make a lot of money with dropshipping? Of course, but like everything valuable in life it takes time and efforts.