Dropshipping Is Dead.
Summary
TLDRIn 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
🤔 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.
📈 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.
Mindmap
Keywords
💡Drop Shipping
💡Saturated Market
💡Financial Freedom
💡Competitive Landscape
💡Strategic Methods
💡AI (Artificial Intelligence)
💡Creatives
💡Offers
💡Revenue
💡Profit
💡Live Training
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
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