5 years of dropshipping knowledge in 26 minutes

Summary

In this informative video, the speaker shares 5 years of dropshipping insights, revealing lessons on starting and scaling a business. They emphasize that dropshipping works but requires patience and the right approach. Key takeaways include the importance of ad creatives and product selection, targeting scalable niches, and navigating roadblocks. The speaker also advises on the necessity of continuous learning and the inevitability of business ups and downs, urging viewers to stay agile and focused in the competitive dropshipping landscape.

Takeaways

• 😀 Dropshipping works and can be profitable, but may not be working for you if you're doing it wrong or haven't found the right product yet.
• 🔄 Don't just copy others; copy and improve. Adapt successful strategies but differentiate yourself to avoid legal issues and stand out in the market.
• 🛍️ Focus on scalable niches like beauty, health, home decor, and kids' toys, which have broad appeal and address common needs or desires.
• 🌍 Explore untapped markets beyond the usual English-speaking countries; consider EU countries and other regions with potential for growth.
• 🎨 Prioritize ad creatives and product selection as they are crucial for success in dropshipping; your store's design is less critical if it's not off-putting.
• 🚧 Expect and prepare for roadblocks in dropshipping; remain calm and find solutions instead of panicking or quitting.
• 📈 Acknowledge the ups and downs of dropshipping; evaluate your performance over time rather than focusing on short-term fluctuations.
• 🛑 Never stop learning and testing. Ego and complacency can lead to downfall, so always seek to improve and adapt.
• ⏳ Be aggressive and fast in your approach to dropshipping; quick turnaround times can give you an edge in a competitive market.
• 🤝 Limit the number of advisors you follow to avoid analysis paralysis. Stick to a few trusted sources and implement their advice consistently.
• 🔍 Find what works for you in dropshipping by testing different techniques and strategies until you discover your own successful formula.

Q & A

What is the main purpose of the video?

The main purpose of the video is to share 5 years of Drop Shipping knowledge and lessons learned from generating millions of dollars, to help viewers understand the process and challenges of starting or scaling a Drop Shipping business.

What does the speaker promise to do if the video gets 200 to 250 likes?

The speaker promises to create and share content on ad creatives, specifically for Facebook ads, if the video receives 200 to 250 likes.

What is the first lesson about Drop Shipping mentioned in the video?

The first lesson is that Drop Shipping does work, but it may not be working for an individual because they might be doing something wrong, haven't found the right product, or it's just not their time yet.

What is the speaker's experience with Drop Shipping before finding success?

The speaker mentions that it took him between 6 to 12 months and involved losing thousands of dollars before he found success with Drop Shipping.

What does the speaker suggest not to do when creating ad copies and landing pages?

The speaker suggests not to directly copy ad copies and landing pages from competitors. Instead, one should copy the method, improve it, and differentiate from the competition to avoid issues like DMCA or ad account bans.

What are the recommended niches for Drop Shipping according to the video?

The recommended niches for Drop Shipping are beauty, health, home decor, kids toys, and fashion, with a special note on the challenges of sizing in fashion.

Why is it suggested to sell into untapped markets?

Selling into untapped markets is suggested because there are many audiences and countries that are not commonly targeted by Drop Shippers, which can provide opportunities for sales without as much competition.

What are the main focuses for a successful Drop Shipping business according to the video?

The main focuses for a successful Drop Shipping business are ad creatives and product selection. The store design is less critical as long as it's not awful, and the product should be new and trending.

What should one do when facing roadblocks in Drop Shipping?

When facing roadblocks in Drop Shipping, one should remain calm, assess the situation, and find a solution. This could involve using backup ad accounts, understanding what triggered a ban, or finding ways to ease cash flow.

Why is it important to be aggressive and fast in Drop Shipping?

Being aggressive and fast in Drop Shipping is important because it allows one to capitalize on winning products quickly. Speed in launching and scaling products can prevent competitors from taking over the market.

What advice is given regarding taking advice from others in Drop Shipping?

The advice given is to avoid following too many people's advice to prevent analysis paralysis. Instead, one should stick to a handful of trusted sources, learn from them, and apply their techniques thoroughly.

Outlines

00:00

📦 The Reality of Dropshipping Success

The speaker emphasizes that dropshipping is a viable business model, contrary to common misconceptions. They share personal experience, having been a full-time dropshipper for four years, and assert that success is possible but may require time, patience, and learning from mistakes. The speaker also mentions that they and their brother, Bea vcom, have generated millions from their dropshipping business, indicating that significant income can be achieved. They encourage viewers to not be discouraged by initial failures and to understand that success might be a matter of finding the right product or approach.

05:00

🚫 Avoid Direct Copying in Dropshipping

The speaker advises against directly copying competitors' ad copies, landing pages, and other marketing materials due to the risk of legal issues and lack of differentiation. Instead, they recommend 'copying and improving' by understanding successful methods and enhancing them. This involves rewording scripts, addressing customer concerns, and differentiating one's offerings to stand out in the market. The advice is rooted in the understanding that while it's beneficial to learn from others, it's crucial to adapt and innovate to gain a competitive edge.

10:01

🛍️ Focusing on Scalable and Profitable Niches

The speaker outlines the importance of selecting the right niches for dropshipping, highlighting beauty, health, home decor, kids' toys, and fashion as particularly lucrative areas. They note that these niches are broad, scalable, and address common consumer needs or desires. The speaker also touches on the challenges of the fashion niche, such as size discrepancies and the need for a robust backend to manage orders effectively. The advice is to choose niches that are less saturated and have a high potential for growth and profitability.

15:03

🌐 Exploring Untapped Markets for Dropshipping

The speaker encourages dropshipping entrepreneurs to look beyond traditional markets like the USA and UK to explore untapped markets, which can offer less competition and unique opportunities. They discuss the potential of EU countries, particularly Germany, Austria, the Netherlands, and Belgium, as well as the possibilities in countries like Poland, Italy, and Portugal. The speaker also mentions the potential in Asian markets like Singapore. The key takeaway is to be open to selling in various regions and to adapt strategies to suit local preferences and payment methods.

20:04

🎨 Prioritizing Ad Creatives and Product Selection

The speaker stresses the importance of ad creatives and product selection in the success of a dropshipping business. They suggest that once a winning product is identified, the focus should be on creating and testing various ad creatives to maximize its potential. The speaker also warns against simply copying older products and emphasizes the need for fresh and trending product offerings. The advice is to invest time and resources in understanding what resonates with consumers and to be agile in responding to market trends.

25:05

🚧 Handling Roadblocks in Dropshipping with Composure

The speaker acknowledges that roadblocks are an inevitable part of the dropshipping journey and advises viewers to remain calm and seek solutions rather than panic. They provide examples of common issues such as ad account bans, PayPal holds, and product sourcing problems, and suggest proactive steps to address these challenges. The key message is that persistence and problem-solving are essential for long-term success in the industry.

📈 Expecting Fluctuations in Dropshipping Performance

The speaker discusses the natural highs and lows of dropshipping, sharing personal experiences of varying monthly revenues and emphasizing that this is a normal part of the business cycle. They advise viewers to look at the bigger picture and not to be disheartened by short-term downturns. The speaker encourages a long-term perspective and a resilient mindset to navigate the dynamic nature of the dropshipping market.

🛑 Avoiding Ego and Staying Humble in Business

The speaker shares a personal anecdote about the pitfalls of early success and the importance of remaining humble and continuously learning. They caution against complacency and the dangers of an inflated ego, which can lead to poor decision-making and business stagnation. The advice is to always be open to new ideas, learn from others, and reinvest in the business to sustain growth.

⏱️ Agility and Speed in Dropshipping

The speaker emphasizes the need for speed and agility in dropshipping, suggesting that quick turnaround times from product discovery to market launch can significantly impact success. They highlight the importance of being the first to market with a winning product and scaling rapidly to capitalize on trends before competitors. The advice is to streamline processes and be prepared to act swiftly when opportunities arise.

🤔 Curating Trusted Sources of Advice

The speaker advises against information overload and the resulting analysis paralysis by suggesting that dropshipping entrepreneurs should curate a small group of trusted advisors from whom to seek guidance. They argue that having too many conflicting opinions can hinder decision-making and action. The key takeaway is to identify a few reliable sources, learn from them, and apply their advice consistently to find what works best for one's own business.

Keywords

💡Drop Shipping

Drop Shipping is an e-commerce fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product using the drop shipping model, it purchases the item from a third party and has it shipped directly to the customer. In the video, the speaker discusses his success with drop shipping, emphasizing that it does work and is a legitimate way to generate income online, contrary to common misconceptions.

💡Ad Creatives

Ad creatives refer to the visual and textual content used in advertising. They are crucial in attracting attention and engaging potential customers. The speaker mentions the importance of ad creatives in the context of improving and customizing them to stand out and increase conversions, rather than simply copying others' ad creatives.

💡Scaling Up

Scaling up in the context of business, particularly e-commerce, refers to the process of increasing the size, capacity, or scope of a business operation. The video discusses scaling up a drop shipping business, highlighting the need to identify the right products and ad creatives to expand the business successfully.

💡Niche Markets

A niche market is a targeted, specialized segment of the market that has specific needs or interests. The speaker identifies beauty, health, home decor, kids' toys, and fashion as niche markets that are particularly scalable and recommended for drop shipping, suggesting that focusing on these areas can lead to greater success.

💡Untapped Markets

Untapped markets are areas or segments of the market that are not yet fully exploited or explored by businesses. The video script mentions the potential of selling into untapped markets, such as certain European countries or Asia, which are not commonly targeted by drop shippers but can offer significant opportunities for revenue.

💡Product Selection

Product selection is the process of choosing which products to sell in a business. In the context of the video, the speaker stresses the importance of selecting products that are new and have the potential to gain traction, as opposed to selling outdated products that may not attract customers.

💡Roadblocks

In the video, roadblocks refer to the challenges or obstacles one might face when running a drop shipping business, such as ad account bans or payment holds. The speaker advises not to panic in the face of these roadblocks, as they are a normal part of the business and can usually be resolved with the right approach.

💡Ups and Downs

Ups and downs describe the fluctuations in business performance, which can be expected in any industry, including drop shipping. The speaker acknowledges that there will be periods of high revenue and low revenue, and emphasizes the importance of looking at the overall performance rather than focusing on short-term fluctuations.

💡Continuous Learning

Continuous learning is the ongoing process of acquiring new knowledge and skills. The video speaker highlights the importance of never stopping to learn and test new strategies in drop shipping, as this is key to adapting to changes in the market and maintaining success.

💡Aggressiveness

In the context of the video, aggressiveness refers to the proactive and assertive approach needed to quickly capitalize on successful products in drop shipping. The speaker suggests that being fast and aggressive in scaling up winning products is essential to stay ahead of competitors.

💡Analysis Paralysis

Analysis paralysis is a state of over-analyzing or over-thinking a situation so much that a person fails to make a decision. The speaker warns against following too much advice in drop shipping, which can lead to analysis paralysis, and instead recommends sticking to a few trusted sources of information and strategies.

Highlights

Drop Shipping is a viable business model that can generate significant revenue, contrary to common misconceptions.

Success in Drop Shipping may take time, with the first 6 to 12 months often involving trial and error.

To stand out in the market, avoid directly copying competitors' strategies; instead, adapt and improve upon them.

Copying ad scripts and landing pages verbatim can lead to legal issues such as DMCA takedowns or ad account bans.

Focus on scalable niches like beauty, health, home decor, and kids' toys for the best opportunities in Drop Shipping.

Fashion can be a lucrative niche in Drop Shipping but requires careful handling of sizing and returns.

Explore untapped markets beyond the usual English-speaking countries for new Drop Shipping opportunities.

Ad creatives and product selection are the two most critical aspects of a successful Drop Shipping business.

Facing roadblocks such as ad account bans or payment holds is normal in Drop Shipping; find solutions rather than panicking.

Expect ups and downs in revenue; maintain a long-term perspective and avoid getting discouraged by short-term fluctuations.

Continuous learning and testing are essential for growth in Drop Shipping; complacency can lead to stagnation.

Being aggressive and fast in launching and scaling products is key to capturing market share in a competitive Drop Shipping environment.

Limit the number of advisors in Drop Shipping to avoid analysis paralysis and focus on actionable strategies.

The importance of reinvesting earnings back into the business for sustainable growth rather than spending on personal luxuries.

The necessity of having backup ad accounts and business managers to mitigate the impact of bans or holds.

The value of community and shared knowledge in overcoming challenges and discovering new strategies in Drop Shipping.

Transcripts

all right guys so in this one I'm going

to be going ahead and dropping 5 years

worth of Drop Shipping knowledge and

over millions of dollars generated from

me and my business partner and brother

Bea vcom to show you guys exactly the

lessons and things you need to know when

it comes to starting Drop Shipping or

scaling up right now last video I asked

for 200 likes and I said I'd drop again

before the end of the week you guys

smashed it so if we get like another I

don't know 200 250 or something on this

video I'll go ahead and start dropping

value on ad creatives Facebook uh ads

and stuff like that right I appreciate

all the support um you guys kind of

motivating me to keep posting so if we

keep on this trajectory I'll keep

dropping value and I'm enjoying filming

this content so back to 10 lessons that

I've basically learned over the years

when it comes to drop shipping

now first things first is this is kind

of a lesson but a point I wanted to say

Drop Shipping does work it just isn't

working for you right now now some of

you watching this video may be

like man my friends keep telling me Drop

Shipping doesn't work or I've seen

online Drop Shipping is a scam Drop

Shipping you can't make long-term money

from like all of this is just a lie

right because I've been able to achieve

success with Drop Shipping myself I've

been a drop shipper now for four years

at least fulltime so I know Drop

Shipping does work and you can earn

multiple thousands millions even from

e-commerce Drop Shipping online right so

let's just get that out the way you can

check older videos for like proof or

something like that this is just going

to be a raw authentic video probably not

even edited of me just filtering out

some thoughts and trying to help you

guys essentially so that is pretty much

Pro Pro that Drop Shipping does work

right I have friends that drop ship

full-time don't let anyone convince you

that it doesn't work because it does and

what I mean by it just isn't working for

you right now is that you may just be

doing things a little bit wrong or you

may not have found the right product yet

or it might just not be your time when I

first got started with Drop Shipping it

took me between 6 to 12 months and

thousands lost to even get success with

Drop Shipping so don't feel like if

you're not getting any success after 3

months after 4 months after 5 months

that this thing doesn't work it does

work it's just that you need to figure

out what's going wrong in the business

maybe you're launching old products

maybe your ad creatives are not up to

scratch maybe your store is just not up

to scratch right it looks cheap it looks

tacky people don't really trust it maybe

your ad creatives are not engaging

enough people aren't clicking from

Facebook or Tik Tok or wherever you're

advertising to onto your website and

there's just going to be something

usually which is going wrong in your

funnel

essentially now second thing and and

lesson number two

is don't just copy copy and

improve so what I mean by this is

there's a lot of guys that will just

directly rip something one for one rip

the ad copy the landing page uh and go

ahead and essentially try run it as

their own now not only are you not going

to get much of the market share because

you're probably a bit late to the

product that's not too big of an issue

but it's more so an issue that you're

going to end up you're not

differentiating yourself from the

competitor and they were originally the

best at that or at least the main person

selling it you're also probably going to

get a

dmca like a shop Shopify copyright

infringement or they're going to ban

your ad account because they might

report you to Facebook for using their

content or stuff like that if it's

ripped one for one this is so this is

you've just downloaded it and reuploaded

it what I mean by copy and improve is

people also just directly rip landing

pages what you should be doing is

copying the methods that they've done so

for example if you see a good ad copy

right copy their script now copy their

script and improve it so what you're

going to do is like I did on the last

video I showed you use like Riverside FM

get it transcripted because we know that

script works it's a winning script and

then you're going to throw

some pointers into chat gbt can you

please reword this for me or reword this

script for me using and then maybe some

copywriters name uh formula to improve

the the copy on it or something and

churn out a bunch of different scripts

and then choose one which you think is

an improvement on theirs or read the

Facebook comments see what their ad copy

or creative doesn't address and then

address those pay points as well like if

people are asking questions address that

into your ad creative same with landing

pages um don't just one for one rip the

landing page copy and improve it so

hopefully that point kind of makes sense

we don't ever recommend anyone just

copying copying and improve um you

always want to make sure you're doing

better than whatever the competitor is

because they've already got the start on

you they've already got the data so when

you're trying to come into the market

and take up someone market share for

that product or take up sales it's

always going to be harder for you

because they've got the time on you

they've got the data they've got the ad

spend and all of that

right third lesson

is I personally think if you're getting

into Drop Shipping or you're currently

Drop Shipping the best thing you can do

is stick to the most scalable

and I'd

say best niches to be honest and these

are what we always recommend um these

are what we personally sell in if we

know anyone getting into Drop Shipping

we would recommend them these kind of

four or five niches as well first one is

beauty right beauty is a massive Niche

women buy a ton of stuff online for God

knows what reason um they just enjoy

buying stuff makeup products things that

improve their confidence shapewear even

and stuff like that it's very scalable

and there's a lot of pain points you can

go into right

next Niche is Health similar type of

thing tons of pain points everyone at

some age will have some form of health

problems right whether it's back posture

whether it's knee pain um all of these

things will come into some form of pain

point that you can formulate and sell to

the customer very scalable Niche

right third one home decor this is my

personal favorite um I've sold in home

decor for years and years USA Market EU

Market it's one of those niches where it

isn't really confined to a specific

audience like yes if you've got your own

home you're probably going to end up

buying something for your home whether

it's an ornament whether it's a painting

whatever it is again a massive scalable

Niche the next one perfect for Q4 is

essentially uh kids toys so anything to

do with when I say kids toys I also

include babies in that so kids toys such

as like trucks remote control trucks um

baby stuff is in it's summertime they're

traveling on holiday you might sell them

a baby or the parents even a baby float

right these types of niches these four

niches are like the main ones my go-to

niches if I'm setting up a new store if

I'm advising anyone if I'm selling

myself all of our products will come

under these four niches one of a bit of

a sticky one or one which is really good

but it requires a good back end is

fashion so you can drop fashion products

but a lot of the time you're going to

have issues with sizing which most many

most people don't even talk about

Chinese sizes are a lot smaller than

like European or USA sizes so you need

to make sure you're getting your

supplier to double check add size charts

to your product pages uh sizing up like

one or two sizes from say if it's a

small in um Chinese size or if a

customer orders are small in UK size

that's probably going to be like a large

in Chinese size you know so you have to

factor that in as well and make sure if

you are selling fashion you do have a

good back end because we've seen many

people get burnt with fashion so like I

said lesson number three is pretty much

stick to the best niches now on to

number four lesson number four is

that if you haven't already you should

look at selling into untapped markets

now what I mean by untapped markets is

one ones which the majority of people

aren't selling to it doesn't mean no

one's selling to them like there's

always going to be a drop shipper that's

went out there and sold to them but

there are so many like pockets of

audiences and people in countries that

you wouldn't even thought to have sold

to so of course we have USA UK uh

Australia Canada these are like the top

English speaking countries that every

drop shipper starting will want to go

into right they know English they can

speak it

um they you know just default to these

kind of uh countries to sell to now the

ones after that are I'd say the second

tier

ones are the big EU market so this is

what like a lot of the time me and my

brother be the vcom Run um usually

countries such as Germany and Austria

that's like a massive that's like

probably Germany's probably the best EU

Market I'd say or or one of the best

alongside Netherlands and Belgium so if

you were to run EU you you'd run Germany

Austria together and then you'd run

maybe a store on Netherlands and Belgium

both of those countries have like you

know massive buying power they have

decent audience sizes uh and you can run

up I wouldn't say easily but it's

definitely realistic to run five figure

days there consistently uh in those

markets now underneath that so i' say

third tier you kind of have a little bit

more untapped ones where it's like

Denmark um Sweden and Norway um Sweden

requires CL so that's a bit of a hard

kind of Market to get into if you don't

have like an LLC or you don't have a

plug that can get you a CL so that's why

it's a little bit untapped just because

swedes always like paying on clana for

online so those are like kind of the

third tier and there's even another tier

below that that I actually have a friend

um that I spoke to recently and he

actually sells in like untapped untapped

EU markets so places like uh Poland

um you know Italy even um Portugal as

well he was telling me there's so many

places where you could easily do like 1K

Revenue in these you know markets and

open up like five to six stores and all

keep them at like 1K day even Czech

Republic you know um all of these types

of smaller markets are untapped I

personally haven't went that far but I

do know you can make money there right

you just need uh like credit card you

need to kind of obviously translate the

language is and there might be a few

local payment methods that you can get

with them but again on top of that there

was another guy um the other week

selling on was Twitter and he was saying

uh Asia is another massive Market which

no one sells to so like Singapore and

these types of places so again there's

so much potential out there where you

should be exploring these options you

know and that's just a lesson which I've

learned over the years a few years back

I didn't even know about EU Drop

Shipping um and on our store alone this

year year we've done over a million with

a store so it just goes to show like one

or two years in Ecom and Drop Shipping

you know you've earned enough money than

most people's salary for like five six

years you know so lesson number I think

we're on less lesson number five now

is focusing on ad creatives and product

these are the two main things when it

comes to drop shipping right it's not

really going to be like the design of

your store assuming your your Drop

Shipping Store is not just awful right

most people can design if you just

YouTube or something a simple store

design or look at like a A Drop Shipping

Brand's website and just follow their

template and just get it done yourself

and made your store is probably not the

issue it's likely going to be your

product selection or your creatives now

creatives are heavy in 2024 if you have

a winning product you should just be

testing creatives after creatives after

creatives right and not really focus on

testing other products it should be more

so heavily changing hooks changing

scripts changing ad text changing video

getting ugc that is usually going to be

the issue right creatives or mostly

product is again another massive part if

you've got if your product selection is

bad as in you're just copying products

from six seven months back and you're

just trying to rip the same thing and

run it you're not going to find success

most of the time like yes there's maybe

a small exception of people that can but

for the majority of guys you're not

going to make any money with that so you

need to focus on product selection

finding products that are just on the

trajectory of going up right so they've

been launched recently they've got some

traction

and you then want to jump on that kind

of surfboard and ride it pretty much

until the the wheels fall off right

until you co to the shore or whatever

you want to call it you don't want to be

coming in you know 6 to 12 months after

ripping stuff or only making slight

changes and then expecting to make a

bunch of money with it so focus on

product focus on ad creatives now ad

creatives I haven't done a video on

product selection I've already done a

video on so after this you can go ahead

uh and check it as well you know and

find the criteria we use where we find

them uh etc etc

now on to lesson number six and this is

one which many people face including me

uh uh my brother Beast of vcom many

students many people online I

see you are going to face

roadblocks it's all part of the game and

you shouldn't Panic now what happens is

when you get your first roadblock you

start panicking you think the world's

ending you know um you scaled your first

winning product and you think maybe

you've got a dmca or you get a ban from

Facebook like your ad account goes down

maybe PayPal starts holding your money

and says for 21 days we're not going to

release any of your funds until the

product's been delivered and usually

what most people do is start panicking

they quit they say it doesn't work or

how am I going to keep going little do

you know there's usually a solution for

most things in Drop Shipping you just

need to remain calm and getting

roadblocks in Drop Shipping is normal so

okay how if I get an ad account ban am I

going to fix this well was pretty simple

you should at this point have backup ad

accounts anyway so in a business manager

you should always have backup ad

accounts so you can just find out what

triggered the ban and run it on a new ad

account

right you might have been a little bit

aggressive with your ad copy the

creative might have uh

included you know some things that

Facebook don't like that's for you to

figure out as a marketer right change it

run it on another ad account okay maybe

your business manager's been banned well

just buy another business manager so you

know go inside Discord groups telegram

groups uh ask around and say has anyone

got a plug to purchase business managers

uh PayPal gives you a hold right

typically what you're going to want to

do is maybe email them making sure

you're uploading tracking

um maybe have a credit card which you

can use to ease cash flow uh ask your

Drop Shipping agent if you're using one

where they can still send the productss

out and you'll pay them you know

slightly later maybe in 5 to 7 days

there's usually a solution to most

things in Drop Shipping I'll be honest

and this is how you're able to do it for

so long because the guys that are

crushing it they have the connections

essentially uh that they've built up

over the years and they have the

experience on how to get over these

roadblocks but roadblocks are perfectly

normal you know you shouldn't Panic you

should take a few hours you know cry

about it moan about it and then get back

to the drawing board and figure how to

fix whatever the roadblock

is next thing

is there's going to be ups and downs in

Drop Shipping and it's perfectly normal

now for me even um there's ups and downs

always like I don't know if many people

say this in Drop Shipping I don't care

I'm quite transparent but some months

you'll have or previously some months

you'll have massive months where you're

doing like a few 100K 200 300 you know k

with Drop Shipping other months you may

reach a low month of 100K now I know

that sounds stupid of like RK while it's

only 100K but it would be the same for

if you were just getting started out you

might have a month where you make 30k

Revenue right and then the next month

after that you only make 10 or 12

because your winning products dying out

the Ros is quite bad and you can even

narrow it down to days some days it's

going to it's going to be good and on

the weekends you may make 1K revenue and

then throughout the week week it drops

to 200 Revenue these are the times where

you need to remember it's it's a you

have to look at things in totality like

don't just look at it as being a bad day

or a bad month how will the year go you

know look at the year overall and go

from that and take a kind of lore of

average I usually say

so it isn't like Drop Shipping isn't

glamorous where it's like unless you're

experienced of course um and you can

kind of like you say even when it's a

bad month you still have a six figure

month but my overall point is that don't

expect things to just be plain sailing

like business is never just this where

you just take off and you know

everything's all all easy in that sense

it's usually going to be a bit of this

it's going to Coast at some points it's

going to spike up you have a great

weekend it's going to tank down to the

bottom you have a massive issue maybe

your ad account gets banned for 3 days

you have no Revenue right until you fix

the issue so and it takes a long while

for the account to now get a bit of

optimization again and the ads back up

so like I said it's ups and downs it's

part of the game is business if you're

not willing to risk that or um you know

accept the fact there's going to be ups

and downs then just get a job every

month you know you're going to get 2 3 4

5K and you don't have to worry about

that but again for you guys who are

probably watching this video you don't

want that safety so just to embrace it

it's all part of the game I face it

Beast of vcom face it all of my friends

who do do uh seven figures with Drop

Shipping they face the same thing as

well

right now next thing

is never stop learning and testing ego

will be your downfall so hopefully

you've taken that in because this is a

lesson I learned pretty early on in Drop

Shipping right first year Drop Shipping

uh was doing

great ended up hitting like I don't know

I got to a point where I was doing like

30k months cons consistently and at the

time for me that was a lot we went up to

like 50k months with Revenue so we were

making like 10 to probably

12K um at like 19 20 with Drop Shipping

um and I'd never seen kind of money in

that sense pretty

much in my entire life so I didn't

really know how to navigate it save it

Etc and I instead of reinvesting back

into the store content ads that type of

thing I was just doing stupid stuff you

know spending on going to the clubs

buying designer clothes and eventually

that was my downfall for that specific

period right I ended up winning product

died out and for a good few months after

that maybe 6 to 12 months it took me a

while to really get back on my feet and

figure out okay you need to stop doing

this

and go back to the go back to what was

working essentially do more of what was

working what was you

doing when it was working working I was

doing long days I was working I was

always product researching trying to

find the latest products I was always

testing now when I found my winning

product I stopped testing okay what

happened it went downhill so don't I see

over the years so many guys come to Ecom

Drop Shipping one good month two good

months they hit a six figer month maybe

a bit more they blow up earn a big

amount of cash they've never seen and

before you know it they end up being

back to square one so always be humble

always learn from others there's guys

like Revenue it doesn't matter if

someone's done 100K Revenue 10K Revenue

like you can always learn something from

someone there's guys inside of our group

that have they're new to drop shipping

but they have sites and insights and and

maybe websites that we haven't seen

before and they drop them in the group

and we go oh that's a useful tool like

I'm going to use that thanks for sharing

that so don't ever think you're too big

to keep learning you know the guys at

the top are always learning new

techniques testing new techniques they

never just think they know enough

essentially

now onto lesson I think number eight

maybe is make sure when you're Drop

Shipping you be aggressive and you're

fast Drop Shipping requires speed and

what I mean by that is if you can get a

product turned around within 24 hours

boom do it like you find a good product

today and within 24 hours you've got a

product page created with custom images

not physically like photos taken but

you've edited them so they look on brand

you've got a creative crushed out within

24 hours you've been online found the

footage done it and you've got the ads

launched and it's out there too many

times have I seen

guys jump in and be like man I didn't

think this product was going to work so

I didn't test it um and then I seen one

guy a month later he was crushing With

It Drop Shipping loves money loves speed

in general money loves speed Drop

Shipping is a game of if someone if you

start selling a a winning product and

you don't scale it aggressively I.E you

pump the budgets

you invest in creatives you you know

you're looking to scale horizontally or

vertically whether it's increased budget

open more stores launch more audiences

whatever it is someone's going to come

in and steal that product and rip it

pretty much the way you should have so

you may as be the you may as well be the

guy to do it you need to have quick

turnaround times um don't be waiting 2 3

4 weeks to to get a product turned

around unless you're doing branding

which is totally different there's a

whole process you can't really you know

factor into that a box needs to be

designed and everything like that um

make sure you pretty much are speed

running as quick as possible everyone I

know that's doing very well can take a

store from nor to a coup K per day

within the first week pretty easily now

that of course that comes with

experience but they they move fast when

it comes to to launching products when

it comes to scaling products and

everything that itself will come with a

lot of issues IE payment processors

stuff like that you'll get onto it at

some point but it's all part of the

game now finally I I don't know how long

I've been recording but finally I would

say lesson number 10 is try not to

follow everyone's advice

just stick to maybe a couple or a

handful of people you take advice from

in Drop Shipping because if not what's

going to happen is that you get analysis

paralysis you start

saying this guy said do CBO when it

comes to testing this guy said does

when he tests what do I do and then you

don't do anything because you don't know

what to do the only reason you don't

usually know what the only reason why

you usually won't take an action is

because you you don't know what to do

you know if someone says okay go mow the

lawn and you don't know how to mow the

lawn you're not going to mow the lawn

because you don't know how to do it so

what I'm saying

is find one technique which is working

or two techniques which is working for

someone in the industry it could be me

could be Beast of Ecom we use the same

techniques but could be anyone right and

just stick to them don't try to follow

everyone's advice be open to learning

but at the start when you're getting

started or your you're finding a bit of

success choose a handful of people and

follow their advice and test it

thoroughly and then if it doesn't work

maybe move on to the next one because

you don't want to be everyone has their

own way of Drop Shipping Some people

prefer to like I say launching cbos Some

people prefer to test with a ad

creatives Some people prefer to test

with three ad creatives Some people

prefer to test in the USA Some people

prefer to test in EU everyone has their

own kind of way of dro shipping and what

works for them and that's what all Drop

Shipping is about finding what pretty

much works for you so that is the 10th

lesson for Drop Shipping and this is 5

years worth of knowledge and million

dollar millions of dollars generated

with Drop Shipping and also spent on

Facebook ads hopefully you guys did

enjoy this video I'll be sure to keep

dropping more value on this channel and

I'll catch you in the next one peace