Dropshipping Is Dead.

Summary

In this video, a seasoned dropshipper addresses the common concern about whether dropshipping is saturated and dead in 2024. He acknowledges the increased competition but sees it as an opportunity for improvement. He emphasizes the need for new strategies, advanced website design, and creative ad content. By leveraging new methods and tools, such as AI, he claims significant success, sharing impressive sales figures and student success stories. He invites viewers to a free live training session to learn these updated strategies and achieve financial success in the competitive dropshipping landscape.

Takeaways

• 😀 Drop Shipping has changed significantly since 2017; old methods are no longer effective.
• 📉 The market is more saturated now, but this actually creates opportunities for differentiation and innovation.
• 💡 To succeed in 2024, you need to adopt new strategies, including the use of AI and advanced marketing techniques.
• 📊 Despite the saturation, Drop Shipping is still profitable, with recent examples showing substantial sales figures.
• 👥 The key to success is to be unique and provide real value, moving beyond basic strategies that once worked.
• 🔍 It's crucial to keep up with evolving customer behaviors and preferences, adapting your tactics accordingly.
• 🎓 The speaker offers free training sessions to teach modern Drop Shipping strategies and share current revenue results.
• 💵 In 2024, the speaker expects to make $20 million in revenue, showcasing that Drop Shipping can still be very lucrative.
• 🤝 Networking and mentorship are vital; the speaker shares stories of successful students who have significantly grown their businesses.
• 🚀 The speaker encourages viewers to take action, join the free training, and leverage proven strategies to achieve financial success with Drop Shipping.

Q & A

What is the main topic of the video?

The main topic of the video is the current state of dropshipping, specifically addressing whether it is saturated or dead, and how it has changed over the years.

When did the speaker start dropshipping, and how old were they?

The speaker started dropshipping in 2017 when they were 17 years old and in high school.

How has dropshipping changed since 2017 according to the speaker?

According to the speaker, dropshipping has evolved significantly since 2017. In the past, basic photo ads and poorly designed websites could still make money. Now, customers are more sophisticated, and successful dropshipping requires more complex strategies, better creatives, and improved offers.

What are some negative aspects of dropshipping mentioned in the video?

Some negative aspects mentioned include the high competition, customers being wary due to past scams, and the fact that many people think it is an easy path to financial freedom without realizing the effort and strategy required.

How does the speaker view the saturation of the dropshipping market?

The speaker views the saturation of the dropshipping market as both a challenge and an opportunity. They believe it forces dropshippers to innovate and improve their strategies, making it a positive development for those willing to put in the work.

What results does the speaker share to demonstrate the potential of dropshipping in 2024?

The speaker shares screenshots showing over $4 million in sales from March 1st to March 8th, 2024, and $200,000 in sales over two weeks in May 2024, demonstrating that dropshipping can still be very profitable.

What are the key elements that the speaker believes are essential for successful dropshipping in 2024?

The speaker believes that the key elements for successful dropshipping in 2024 include creating complex and effective websites, sourcing products strategically, using innovative creatives for ads, and offering compelling deals.

What is the purpose of the free training mentioned in the video?

The purpose of the free training mentioned in the video is to teach viewers the exact strategies the speaker and their business partner use to make a significant amount of money with dropshipping in 2024, including demonstrating their revenue results and providing actionable insights.

How does the speaker address the common belief that dropshipping is dead or too saturated?

The speaker acknowledges that dropshipping is more saturated than before but argues that this is a positive development as it pushes dropshippers to innovate and differentiate themselves. They also provide examples of their own success and their students' success to show that dropshipping is still viable with the right approach.

What examples does the speaker provide to illustrate the success of their students?

The speaker mentions students like Steph and Shane who have achieved significant results through their training. For instance, Shane profited over $120,000 in May alone after applying the strategies taught by the speaker and their partner.

Outlines

00:00

🤔 Is Drop Shipping Saturated or Dead?

The speaker addresses the common question about whether drop shipping is saturated and dead. They recount their own experience starting in 2017 at 17 years old, noting how the landscape has changed. Unlike in 2017, when basic strategies could yield profits, today's market requires more sophisticated methods. Despite the increased competition, the speaker believes this evolution is beneficial, as it weeds out those who aren't serious or skilled. They highlight the importance of adapting to new strategies and not relying on outdated tactics.

05:00

📈 Proving Drop Shipping's Viability in 2024

The speaker shares their recent success in drop shipping, with significant sales figures from 2024 as proof. They emphasize that while the business is more competitive, it also presents opportunities for those who can innovate and adapt. The speaker and their partner have developed new strategies to stay ahead, particularly in website design, product sourcing, and ad creatives. They argue that the current saturation requires more effort and creativity but can lead to substantial rewards for those who excel.

📅 Upcoming Free Training Session

An invitation to a free live training session where the speaker and their business partner will share their successful drop shipping strategies. They promise to start by showcasing their recent revenue results to establish credibility. The session aims to help viewers who are serious about drop shipping, emphasizing the need for hard work and strategic thinking to achieve financial success. The speaker reassures that with the right systems and knowledge, making money with drop shipping is still possible in 2024.

👥 Success Stories and Personal Interactions

The speaker recounts meeting and helping several students achieve success in drop shipping. They share stories of students who have significantly increased their profits after receiving training and guidance. These examples are used to illustrate that with the right support and strategies, substantial results are achievable. The speaker reiterates the value of their training sessions and encourages viewers to sign up for the upcoming session to learn and benefit from their expertise.

Keywords

💡Drop Shipping

Drop Shipping is a retail fulfillment method where a store does not keep the products it sells in stock. Instead, when a store sells a product using drop shipping, it purchases the item from a third party and has it shipped directly to the customer. In the video, the speaker discusses the evolution of drop shipping, noting that it has changed significantly since they started in 2017, and now requires more strategic methods to succeed.

💡Saturated Market

A saturated market refers to a state where there is an abundance of similar products or services available, making it difficult for new entrants to compete. The speaker mentions that drop shipping is often perceived as saturated, meaning it's seen as too competitive for new businesses to enter and thrive. However, they argue that this saturation can actually provide opportunities for those who adapt and innovate.

💡Financial Freedom

Financial freedom is the state of having enough savings and income to cover all expenses without being tied to a regular job. The video script highlights the speaker's personal journey to financial freedom through drop shipping, where they were able to provide for their family and achieve a level of independence that many aspire to.

💡Competitive Landscape

The competitive landscape refers to the environment in which businesses operate, characterized by the level of competition among similar businesses. The speaker discusses the competitive nature of the drop shipping industry, emphasizing that it has become more challenging due to the high number of participants.

💡Strategic Methods

Strategic methods are carefully planned approaches or techniques used to achieve specific goals. The script mentions that to succeed in the current drop shipping environment, one must apply new strategic methods, including the use of AI and other advanced business strategies, to stand out from the competition.

💡AI (Artificial Intelligence)

AI refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the context of the video, AI is suggested as one of the new strategic methods that can be integrated into a drop shipping business to improve its efficiency and effectiveness.

💡Creatives

In the context of advertising, 'creatives' refer to the visual content used in ads, such as images, videos, or graphics. The speaker mentions that the way they create visuals for their ads has become more complex, indicating the importance of high-quality creatives in attracting customers in a saturated market.

💡Offers

In marketing, an offer is a proposal made to a potential customer for a product or service. The script discusses the importance of creating compelling offers in drop shipping, suggesting that the speaker and their business partner have intentionally made their offers more complex to outperform competitors.

💡Revenue

Revenue refers to the total income generated from business activities before any expenses are deducted. The speaker shares their revenue figures to demonstrate the success of their drop shipping business, using it as evidence that with the right approach, drop shipping can still be profitable.

💡Profit

Profit is the money left over after all expenses have been deducted from revenue. The speaker mentions their profit margins, indicating the financial success of their drop shipping business and providing a tangible example of the potential returns for those who successfully navigate the market.

💡Live Training

Live training refers to educational sessions conducted in real-time, often over the internet. The speaker invites viewers to a live training session with their business partner to learn about their strategies for success in drop shipping, emphasizing the value of such sessions for those looking to enter or improve in the industry.

Highlights

Drop Shipping is a topic of concern with many questioning its viability due to saturation.

The speaker started Drop Shipping in 2017 at the age of 17 and has seen significant changes in the industry.

In 2017, basic marketing methods like a photo ad on Instagram or Facebook were highly effective.

The current state of Drop Shipping requires more evolved strategies compared to the past.

Many people are seeking quick financial solutions, which is a common mindset in the Drop Shipping industry.

The speaker has achieved financial freedom and provided for his parents through Drop Shipping.

The landscape of Drop Shipping has become more competitive, making it harder for beginners to succeed.

The saturation of Drop Shipping can be seen as an opportunity for those who can adapt and innovate.

The speaker's business has seen significant sales in 2024, proving that Drop Shipping is still profitable with the right approach.

The speaker and his business partner, Tim, have developed new strategies for 2024 that are yielding better results.

The speaker will make around $20 million in revenue with Drop Shipping in 2024, with a profit of around $5 to $6 million.

A free live training is being offered to teach the strategies that the speaker and his partner use for Drop Shipping success.

The speaker emphasizes that Drop Shipping is still a viable business model, despite what many people believe.

The speaker plans to release more in-depth videos on Drop Shipping to continue educating and inspiring others.

Students who have applied the speaker's principles have seen significant growth in their Drop Shipping businesses.

The speaker's success and the success of his students demonstrate that with the right systems in place, Drop Shipping can still be profitable.

The speaker encourages viewers to sign up for the free training to learn the new strategies and potentially achieve success in Drop Shipping.

Transcripts

[Music]

I've had countless messages in the last

few weeks and months about this one

specific topic which is is Drop Shipping

saturated and is it dead and it's a

valid question I personally started Drop

Shipping in 2017 when I was only 17

years old in high school back then

people were saying the same thing but

nowadays it's almost like every single

person is talking about it to the point

where it just seems way too competitive

and it seems like no one can really make

money with it anymore now I'm going to

be real Drop Shipping has changed it is

not what it used to be I am going to be

completely honest back in 2017 I could

throw up a basic photo ad on Instagram

or Facebook run it have a terrible

website and make a ton of money it is

completely evolved and that old method

does not work at all now this may scare

you or it may excite you but a lot of

people want a little quick fix for their

problem which in this instance it is

Financial Freedom it's living the life

you guys dream of for myself it's giving

my parents everything they could ever

dream of like I've bought them Rolexes

I've gifted my dad a truck this last

Christmas and I help them out if they

ever need it and so that's one of the

really big things that I love about this

but a lot of people think that it's

going to be easy and having this

business be saturated I'm doing the air

quotes cuz I'll get into it in a second

it actually provides a little bit of a

better opportunity than it once did for

myself specifically I was a noob back in

2017 and I could make money with the

business which is cool once you actually

do it but once you get past that initial

excitement you realize if I'm a beginner

and I'm making money that means everyone

else is which yes that's good at the

time but it becomes kind of a terrible

landscape because if anyone can do it

there's not really any value being

provided and that's why Drop Shipping is

saturated now in the best way possible

not every single person can make money

with Drop Shipping today and that is a

beautiful thing honestly like I love it

because back in the day everyone was

scamming their customers by just never

fulfilling the orders they were lying

about the product they were selling and

tons of shady stuff that made the

overall Drop Shipping landscape look

very very bad to the point where

customers would comment on ads and say

I'm never buying anything from Facebook

again because I just got scammed from

another product and that was terrible

for us for the people who are doing

legitimate business it screwed us over

it's like anything like if you've ever

fished before fish get used to the bait

that everyone uses and then people come

out with new bait same thing with Drop

Shipping a lot of people are doing the

same things that worked years ago

without realizing that customers are

ever evolving they're changing every

single day and if you're trying to use

that old bait per se of a few years ago

in 2024 it's just not really working if

you see this screenshot on my computer

this is March 1st to March 8th and we

did over A4 million dollar in sales and

that that is 2024 this year here's

another one that was in May and this was

$200,000 in around 2 weeks so Drop

Shipping is still killing it if you know

what you're doing and I'm making this to

try and help the people out who still

want to give this business a go because

everyone again is messaging me is it

saturated is it dead and it's like yes

in a way it is in a way Drop Shipping is

way more saturated than it ever has been

but it's a beautiful thing because it

allows you to just be different and

challenge yourself to apply new

strategic methods including Ai and some

other stuff into your business to help

make it better than everyone else now I

don't expect everyone to get this a lot

of people are going to watch this video

and be like okay Drop Shipping is dead

I'm moving on to another business and

that's fine but this year alone I will

probably make around $20 million in

Revenue with Drop Shipping profiting

around5 to6 million and I'll post videos

at the end of the year and in the next

coming weeks showing some more results

just to prove that it still does work

but I'm going to be honest just things

are changing the way we build our

website is a lot more complex the way

we're sourcing products and using

suppliers is also pretty complicated at

this current moment and the main two

things that are way different is the way

we do creatives which are the visuals

that people see when you're running ads

and then also the offers that we are

running we in a sense over complicate

them on purpose to make them way better

than anyone else who's running or

selling the same product we're selling

the reason we do this is because

honestly my business partner and I Tim

we analyze the entire landscape and

realize yes this business is

competitive like it is very saturated

and so in order to improve and be better

than everyone else we have to do better

we have to be different and that's how

we came up with an overall new strategy

that we are applying to all of 2024

that's working it is making us literally

more money in this year alone than last

year with Drop Shipping and we're only

halfway through now you might be excited

or maybe scared that you don't know

what's up but I am going to be honest

there's a lot of things that you

probably don't know about Drop Shipping

now for those of you who are fired up

about this and want to learn more I'm

going to have a link below this video

it's going to be a live free training

it's going to be this Thursday with my

business partner where we're going to go

over our exact way that we are making a

ton of money with dropshipping and

going through everything and don't worry

we'll start with showing our Revenue

results of this year specifically just

to show you that we actually know what

the hell we're doing in a business where

a lot of people are not really doing it

the right way are not making as much

money as they once were and they just

don't know the new strategies so if

you're fired up you probably watch my

channel because you want to drop ship a

lot of you guys just watch though and

never actually take action this is a

step in the right direction if you guys

want to actually put in the work with

Drop Shipping and make something happen

in the next coming weeks months maybe by

the end of the year you're starting to

make your goal income and it's actually

working out for you if that sounds like

you then again I'll have a link below

where you guys can register for this

free training with my partner and we're

going to drop some serious value in that

call it'll be pretty dope I love hosting

these honestly I do them every few weeks

and they're always super valuable and

people message me like every single time

thanking me for this so if this again

sounds intriguing to you and you are

like it being saturated I still

think I can make it work because you can

honestly if you have the right systems

in place that we're going to show you

you will make money with Drop Shipping

it is simple as that as long as you know

exactly how to do it you can succeed

with Drop Shipping now in 2024 with that

said I'm also going to have another

video coming out maybe in the next day

or two going through Drop Shipping and

like how we're doing it more in depth as

well cuz I want to keep putting gas on

the fire and showing you really how

impactful this business can be even

though people are right now saying it is

too saturated it's too complicated it

doesn't work it's dead we should do

another business I'm going to be real in

2024 this is still what I would do if I

were starting from scratch and had maybe

a couple thousand bucks to my name we'll

talk about all those reasons and much

more on Thursday's call so so hopefully

I'll see you there and again I will have

a link below you can register there's

limited spots so make sure if you're

intrigued you sign up now because again

the spots go quickly and they always

fill up so I will again have a link

below this video and hopefully I will

see you on Thursday's class with all

that said keep on trying this business

I'm telling you I have met a few

students of mine in the last few weeks

they've came out to Scottdale and hung

out with me like I just met one of our

guys that were training right now Steph

he paid us a few thousand bucks to train

him oneon-one and we met him in person

we hung out we're running running his

ads we're doing all that stuff helping

him pick products and it's just cool

like to see that these people are

actually seeing results and starting to

make progress with their business we met

another guy Shane the other day he was

out in Arizona I actually took him out

um we went out to a little bar and went

out to dinner and stuff and had a great

time and he was someone who was learning

from us a little while ago and then

something finally clicked and we got him

onto Facebook ads and he started making

a ton of money in May alone he

profited over

$120,000 and the month before that that

we actually worked with him he was only

profiting like 10K every single month so

we really blew up his business because

he was a student of ours it's cool to

see that not only we can get results but

we can also help others Get Ridiculous

results with Drop Shipping if they just

apply the simple principles that we

practice and preach inside basically

every single live training that we host

so again if you're intrigued and you

want to sign up the spots are limited I

will have a link below and hopefully I

will see you there on Thursday