Shopify Courses And E-commerce Reality In Pakistan Part 2

Summary

In this video, the speaker advises against investing in cleaning courses, arguing they're a scam and a waste of money. Instead, they suggest focusing on e-commerce within Pakistan, highlighting the challenges and potential of online sales. They discuss the importance of building a brand and the misconceptions around making profit by selling other people's products. The speaker emphasizes the need for a unique brand identity and warns against the false promises of quick riches through e-commerce courses.

Takeaways

• 🚫 Investing in cleaning courses might not be beneficial, as the money spent could be better utilized elsewhere to bring peace to one's life.
• 💡 The speaker suggests considering e-commerce within Pakistan as a significant question mark, implying it's a complex field with many unknowns.
• 🏢 The presence of top brands like Daraz, which is backed by Alibaba Group, indicates that the focus is more on sales volume rather than profit for public companies.
• 'tmɑːrt' is mentioned as a platform where items are often sold at lower rates, and companies sometimes issue notices against 'tmɑːrt' for undercutting their prices.
• 📉 'tmɑːrt' might not be profitable at the moment, and its business model seems to be about driving sales volume for potential future benefits.
• 🛍️ The misconception that selling items at a higher price on 'shɑːfi' stores after purchasing them at a lower price from the market is a flawed business model.
• 📈 The reality is that if you're trying to sell items at a profit, the brand's own website will often beat your prices, and you may not have enough money left over to cover ad costs.
• 💼 The speaker advises against buying courses and instead gaining experience by interning or working in an actual business environment to understand market realities.
• 🌐 Building your own brand is emphasized over chasing after courses, as it's a simpler process than many lead you to believe.
• 📈 The speaker is also working on building brands and will reveal them soon, showing that focusing on one's own brand is a priority.
• 💰 The speaker warns against following anyone who promises overnight success through hard work alone, as such promises are often misleading.

Q & A

What is the main argument the speaker is making against buying courses for online business?

The speaker argues that buying courses for online businesses like dropshipping is not beneficial and can be harmful, as the money spent on these courses could be better invested elsewhere to bring peace to one's life.

What does the speaker claim about e-commerce within Pakistan?

The speaker claims that e-commerce in Pakistan is a big question mark and suggests that it's not as profitable as people might think, especially when it comes to dropshipping.

What are the names of some top brands in Pakistan's market according to the speaker?

The speaker mentions Daraz, Price Bhai, and Tmartn2 as some of the top brands in Pakistan's market.

What is the connection between Daraz and Alibaba Group mentioned in the script?

The speaker states that Daraz is backed by Alibaba Group and their main goal is not to make profit but to show more sales to increase the value of their stocks.

Why does the speaker say Price Bhai is not making profits?

The speaker suggests that Price Bhai is not making profits because they are selling items at lower rates and often issue notices against Price Bhai, indicating that they are not providing warranties or working with them.

What is the main goal of the companies mentioned in the script, according to the speaker?

The speaker implies that the main goal of these companies is not profit but increasing sales to boost their stock value or to venture into other businesses.

What is the reality of dropshipping according to the speaker?

The speaker states that the reality of dropshipping is not as profitable as people think. They argue that one cannot simply buy items from the market and sell them at a profit through online stores.

What is the speaker's advice for those who want to start an online business?

The speaker advises against buying courses and instead suggests gaining practical experience by interning at a company or department that deals with actual market operations.

Why does the speaker discourage people from chasing after courses and dropshipping?

The speaker discourages this because they believe it's not a profitable venture and people are being misled into thinking they can make money without proper investment or understanding of the market.

What is the speaker's view on creating one's own brand?

The speaker encourages creating one's own brand instead of relying on courses or dropshipping. They believe in focusing on one's own brand and starting from there.

What is the speaker's final advice for success in the online business?

The speaker's final advice is to focus on one's own brand, not to chase after courses or dropshipping, and to work hard for success without expecting overnight riches.