Shopify Drop Shipping Basics For Beginners - Advantages & Disadvantages [UNCOVERED TRUTH] #Best Education Page #Online Earning

Shopify drop shipping basics for

beginners hi guys Alex hey and welcome

to my channel money is also why share

how to succeed online and I also

document my own journey in this video I

will cover Shopify drop shipping basics

for beginners this video is not a

tutorial it's not a guide to drop

shipping I will not be showing how to

build Shopify drop shipping website and

how to start drop shipping business

instead I will start with the basic

explanation what Shopify drop shipping

is as a business model and then I will

go through advantages and disadvantages

of Shopify drop shipping

I will go pretty deep and I will cover

every single point of advantages of this

business model as well as disadvantages

I want to present and explain to you

guys what drop shipping really is and I

hope this video will help you understand

deep enough and clarify to yourself

decide to yourself if drop shipping

business is interesting for you and

worth going into or not now let's jump

right to it so here we are guys on my

laptop and in this video I will cover

Shopify drop shipping basics for

beginners I will explain you the concept

of this business model why it's so

popular what are the advantages and

disadvantages and what is the difference

between drop shipping and let's say a

traditional e-commerce type of business

so stay tuned guys and let's get right

to it

I will use my mighty Photoshop board to

draw some basic concepts and show you

what the drop shipping is all about

Before we jump to drop shipping let me

explain you first how a traditional

e-commerce business worked so here's

your shop right here in the bottom and

you're like let's say ecommerce shop you

have website you have warehouse you have

your office where your team works and

yeah in your warehouse you saw the

supplies that the goods that you're

selling on your website so to make this

model work you have to contact the

supplier

and pay him wholesale price for the

items and they delivered to your

stockroom to your warehouse the product

so you stole this this product in your

warehouse and then expose on like upload

onto your platform your e-commerce shop

and then you drive traffic to your

website to your e-commerce shop so

customers visit your shop like a product

buy your product pay you retail price is

obviously higher than the hope hope same

price that's how you make money on this

and then after they pay you money you

ship directly to the customer the

product so this is pretty much clear

this is this how the majority of retail

businesses work even brick-and-mortar

ones the offline ones so now let me

explain you how drop shipping business

model work so drop shipping is pretty

much ecommerce big type of business as

well the main difference between

traditional e-commerce is that you don't

pay for the product before you sell the

product so you pay for the product after

you receive money from your customer and

you also don't store in your warehouse

any of the products that's all you don't

so that anything that's why you can work

from home in pajamas and you know you

know all the processes you handle online

through your computer now let me explain

in more details also the traditional

model of drop shipping is where your

supply is al Express and yeah you're

sourcing the product from Aliexpress and

you build your shop on Shopify platform

in my opinion this kind of model is the

most viable one I mean they're probably

easiest to start with and because al

Express has loads and loads of product

all sorts of kinds and Shopify is just

the superior platform in compares

to the majority of other platforms where

you can build the shop

so how dropshipping model really works

first you go to an Express choose a

product upload images of the product

basically at least that product on your

Shopify store for let's say your retail

price and then you drive traffic to your

shop so this is the traffic of your

customers they pay you money for the

product so you basically charge them

without having product like in advance

they basically placing the order for the

product that you are selling them

through our Express so they give you

money then you take part of this money

that the wholesale price and pay to

supplier so you pay the wholesale price

to supply for the exact same product

that your customer bought from your shop

so and in your shop you keep the

difference in Al Express you fill out

the form you are paying like you are as

a payer as a buyer of this product but

the delivery address you point to

directly to the customer this way that

mentioned from Al Express sends this

product directly to customer there are a

lot of let's say subtle details that you

have to consider first of all you have

to ask a supplier not to put the invoice

inside of the package mention that your

drop shipper there the majority of them

that cool with us and the only thing you

have to kind of warn them or ask them if

you are ok if they are ok with drop

shipping because it's gonna be really

uncomfortable if you for example an item

that on Aliexpress you you're buying for

$1 you're selling for $10 to your end

customer and they put $1.00 in words

into the package that's why you have to

contact the supplier and ask them not to

do that

the second thing is that the delivery

times

from Aliexpress are quite long it's not

like three days or something it usually

takes about a couple of weeks it used to

take up to 45 days back in the day when

drop shipping was not even a thing was

not very popular but now they obviously

Alex Press is developing as well and

they are looking for the ways how to

deliver as soon as possible for the

cheapest possible price I will show you

al Express platform in a second after we

cover advantages and disadvantages I

will also show you a short fat platform

how it looks and how the final shop of

drop shipping shop will look like so the

advantages of drop shipping the first

advantage is you need minimum

investments for like to start drop

shipping business you don't have to

store any items you don't have to pay to

the mention to your supplier in advance

to order those items and to stock them

in your local business you can just

least upload pictures on your shop put

the price description and start driving

traffic to your shop and sell those

products and as soon as you receive the

order then you place the order on an

Express and ship to your end customer so

this is one of the main reasons why drop

shipping is such a popular and powerful

business model for people who don't have

a lot of money to start with and they

want to succeed online and build some

sort of business the second advantage of

our Shopify drop shipping is that you

don't need warehouse as I just mentioned

in the first point you don't need

actually to have a warehouse you don't

have to rent a warehouse you don't have

to own it you don't have to do any

physical inventory it just you know

everything is virtual your Meishan holds

all your products and is accountable for

it so this is another great

that's why you can actually work from

home on your laptop from coffee shop

from home from the beach from any way in

the world then the third advantage of

Shopify drop shipping is that you don't

have to bother with shipping and

handling I will give you an example I

have a friend who started their

e-commerce business not drop shipping

real ecommerce business

they were sourcing they were buying

let's say small parts and created were

creating their own homemade jewelry

handmade homemade sure it was basically

a couple my friend and he is his fiancee

now is his wife after creating those

jewelry so they also needed to pack

every single thing to print their dress

put it on the box and physically like

manually go to the post office and post

it so with drop shipping you don't do

any of that you just place the order

online as if you were buying from Amazon

you just place the order on an express

point the deliver address over your

customer and end the zip then the fourth

advantage of shop for drop shipping is

high potential to make a lot of money

and pretty fast I have to ask you to be

careful with this point you just don't

get kind of bored boarding right away

with this color point because this is

the very dangerous mentality and very

dangerous kind of advantage of Shopify

that's why so many people jump in to

drop shipping thinking that it's a sure

way to get rich overnight or like in a

week to earn thousands and thousands of

dollars it's not exactly that as you can

see I put here high potential high

potential it doesn't mean that it's

necessary gonna happen with you or with

me or with anyone drop shipping is quite

a tricky business model may

because it relies on paid traffic and to

actually reach that positive return on

investment with paid traffic you

actually have to be a decent marketer

understand the Facebook ads for example

this is the primary source of paid

traffic for Shopify dropshipping these

days still or influencers but still you

cannot really rely only on influence as

usually you can start with influences or

like use them as a backup beat traffic

and then you kind of support influences

traffic with facebook ads with

retargeting with look-alike audiences

targeting and and so on

so it's absolutely possible to get rich

with the Shopify drop shipping business

model overnight and like within a week

but there are only a few people who

succeed with that and I urge you to be

careful with this kind of bait and don't

fall for it so easily do your research

and prepare yourself with a with a

course or some kind of like solid

knowledge and content before your you

can jump in and the fifth advantage is

possibility to build your own brand in

my personal opinion the the let's say

the best part of our Shopify drop

shipping business model and its highest

potential that the biggest strongest

potential and advantage of this business

model is that you can use drop shipping

to test niches you can Dru use drop

shipping to test products you can use

drop shipping to test audiences and as

soon as you find that working niche

lucrative niche that works for you

really well find your audience and you

see that things are going really well

then it will be the right time to build

your own product by building I mean

create a brand and you know find a

supplier who would

be providing you with branded product

with your brand logo and maybe you will

go for exclusive product as well to kind

of like overcome the competition on the

market and and so on so forth so drop

shipping is a great way to test the

waters before building your ecommerce

shop and sign the contracts with

suppliers to provide you with your

personal kind of branded exclusive

products now let's jump to disadvantages

of drop shipping there are some hidden

stones in with drop shipping and I want

to go over them as well as I mentioned

before that the traditional model of

current drop shipping is sourcing

products from Aliexpress put them on

Shopify store and drive traffic either

from influences or Facebook ads or both

and this creates certain well pretty

high competition level because there are

certain way how you can I should choose

your product on Aliexpress even though

Alyx price is massive like really

massive marketplace we can source any

kind of product there are some things

that you have to consider for example

first of all you cannot source product

that doesn't have good feedback on

Aliexpress and the vast majority of

products don't have feedback at all and

sourcing the product from merchants with

no feedback no background you kind of

put your own business at risk because

those merchants can be unreliable

absolutely unreliable they can take your

money and not send the product or send

the wrong product with their own color

the wrong size or broken products or

we're all like similar looking product

but they just send a fake copy of that

product then the second it's quite

tricky to sell expensive volume the

product that cost more than like I know

twenty twenty dollars because well it

depends on the country really because

what alex press mentions do they

the invoice with kind of a price for the

customs because all these products are

coming from China and wherever you ship

this product to Europe to the US any

country in the world they will have to

go through the customs and in each

country custom rules are different and

if they will suspect that the item in

the Box cost more than it was put in the

invoice they can ask you to pay the

taxes and you know there are some tricky

parts also it's not recommended to

source product that can easily break

like electronics for example because

there is a higher percentage of to to to

receive broken products or it can be it

can break for example within the first

week of using it when your customer is

gonna receive it use it and it's gonna

break so there are all quite quite a lot

of details that you have to kind of like

follow when you're choosing the product

for your drop shipping business and when

you cut everything out all the products

that are not recommended for drop

shipping them in reality you are kind of

left with only kind of short let's say

narrow selection of products that you

can actually source and when other

people are following are like courses

and following their good let's say

advices and good practices of how to

start your drop shipping business with

an Express and Shopify and they follow

all these kind of guys they also end up

with this kind of narrow selection of

products and try to sell the same

product to pretty much the same audience

this is also another thing with the

competition since the majority of

dropshippers use Facebook ads to target

to talk to find their audience and to

market their product to the audience

they use Facebook ads and quite often

they target exactly the same the same

audience for example if they build

shop in cats nish they try to sell cats

necklaces and bracelets to the cats

memes Facebook page kind of followers

and imagine if every drop shipper is

targeting at the same item to the same

audience

it creates insane level of competition

and in the end nobody wins from that so

you have to stand out you have to find

original product and think outside the

box who would say the second

disadvantage is a slow shipping when I

was starting out with drop shipping when

I was trying this business model myself

it was if I remember correctly it was

the the end of 2016 the beginning of

2017

the majority of merchants were sending

to the US within like 21 to 30 working

days it means it meant that it could

really take like five weeks to receive

the item and imagine imagine that that

you're going to online shop to buy a

bracelet for ten dollars and you have to

wait for that brother for five weeks

when you go to Amazon you pay the same

okay maybe not ten dollars maybe fifteen

dollars but you're gonna receive that

the same item or similar item the next

day or within two days for many people

it's very difficult to understand this

kind of shipping times but there are

some ways around that I'm not gonna

cover in this video so it's you know you

can just kind of even position these

slow shipping as something good that

your shop for example is getting too

many orders and you cannot handle all of

them that's why there is kind of like

waiting lists for this item and if for

example this kind of trick positions

your shop as such as you have busy

business that running really well and it

creates some kind of like social proof

of doctor shop is real and very popular

and so on so forth the third

disadvantage of drop shipping is

and exchanges the thing is that is quite

tricky I mean for example what can

happen since those mentions on that

Express get extremely high volume of

orders it's quite naturally to kind of

mix up the size of the item mix up the

color of the item by genuine mistake

it's not going to happen often but it

does happen like in any kind of

high-volume retail or wholesale business

and obviously when your end customer

receives the wrong item they will

contact you because you are the seller

for them and then you have to solve this

situation if you will running your

regular ecommerce shop storing your own

product in your warehouse and shipping

sending these kind of goods directly to

your customers then what you would do

you would ask them to send the item back

and you would send the correct item to

the customer but in this case since you

don't touch this item you don't even see

this item it's quite tricky to handle

all these collaborators and exchanges

and the recommended way to handle these

kind of things is well first of all you

can ask them to send broken or incorrect

item to your house or like to your kind

of office so that you receive it

physically and you can store this item

until the next order when another

customer will want to buy exactly this

color exactly this size unless this item

is broken then you can just throw it

away or don't have them to ship back to

you but the majority of dropshippers

what they do they just return the money

they return full amount of money that

the customer paid to them and this way

they just offer them or just full

or they can also offer let's say another

item to send them the Lacetti correct

item the only thing is that considering

that shipping takes about three weeks to

deliver items to the end customer not

all the customers will be happy to wait

another almost a month to receive the

correct item so quite often you just

resent the money and the seal so you

basically lose the money on the

wholesale price that you paid for the

item and the ads and and so so the

fourth disadvantage of drop shipping is

payment processes by payment processes I

mean like PayPal or stripe or to check

out the processes that process the

payments from your customer to you so

you have for example PayPal account and

the customers when they paid through the

people you receive that money to your

PayPal account or stripe for example it

integrates nicely with Shopify and when

a customer wants to pay by their credit

card today and then they use stripe

payment processor and you receive this

money to your bank account or credit

card so why this is disadvantage the

main disadvantage with payment processes

is that they don't really like drop

shipping business model they're ok with

it because they cannot really avoid it

it's a legit legal business model as

long as you sell like legal product and

you know don't break their privacy

policy but there are some payment

processes I think to check out one of

those who don't really like drop

shipping business model and at some

point for example PayPal as well it's a

bit tricky they feel kind of like as

King on the market of payment processes

and they can ask you at some point to

show them all the invoices between you

and and their supplier I'm not sure I

also speaking haven't read on these

topic recently because I was not

dropshipping that much lately but it was

the thing and I think it's still the

thing with people at some point they can

just freeze your account and unfreeze

only after you provide all the documents

there are of course some ways around

that as well and it's not as big tragedy

as you can think but it definitely

provides like create some kind of

inconveniences for you for your

customers and for your business in

general

imagine you if you are selling thousands

of dollars every day and all of a sudden

PayPal freezes your account and you

cannot process any more payments any

more orders like for few days or maybe a

week or a couple weeks it definitely is

thing to consider and keep in mind when

you're building your drop shipping

business then the fifth disadvantage is

high risk of sales to die out yes

so with this one is it basically because

of the Facebook Ads Facebook Ads work in

a bit tricky way as well it's not direct

how to say straightforward way of

driving traffic because you run the ads

like a certain type of ad for a certain

time and you like see the results the

sales conversions and everything is fine

but then all of a sudden your ad can

just die out and stop bringing your

results for this reason you always

constantly have to change tweak test

different things different type of ads

different audiences you it's like it's

not like for example affiliate marketing

website where you can just publish

articles rank them in Google and then

just keep keep an eye on your ranks and

you know once in a while add some

backlinks or add a new article and the

same with affiliate marketing very often

you get a consistent amount of traffic

to your website and and as a result

sales as well with Shopify drop shipping

with Facebook Ads you always have to

hustle you always have to work on it you

always

have to work on conversions and testing

new products new audiences new type of

ads and if you are if you want let's say

drop shipping is far away from passive

income even if you outsourcing to

virtual assistants for example customer

service part or fulfilling orders part

it's far from passive income you always

have to be involved you always have to

follow your business follow ads even

well you can outsource as as well but

you will have to pay a lot of money for

a decent Facebook as expert so it just

that I hope you understood what I mean

by high risk of sales to die out and the

last disadvantage of drop shipping is no

full control over your business as well

saying that you don't really control the

items that you're ordering ordering the

product you don't really control the

delivery times you don't really control

any of that you only the only thing that

you control is your relationship with

your customer this is the only thing you

control your shop your brand but in

reality if you don't control full

business as a whole for that you

definitely need to source the product to

your warehouse store it in your

warehouse and take full responsibility

and control over your e-commerce

business because just as simple example

during the Chinese New Year which is

approximately in February every year the

majority of mentions just closed their

business for like from two to three

weeks or something like that and they

drink this period imagine you're getting

new orders and you cannot fulfill those

orders just because your supplier went

on holidays however even around these

things there are some ways around it and

for example you can pre-order some

things in January to your house in case

if there will be an urgent request and

like all the place

see you can fulfill those orders

yourself and sheep from your house

especially if you are selling to the

same to the customers from the same

country as you are this way you can

cover your business and make sure that

everything works smoothly and nicely now

guys let me show you an express Shopify

and an example of drop shipping store on

Shopify so this is al express this is

how it looks like and as you can see

it's pretty much similar to Amazon is

basically Chinese Amazon if you will you

can find here some fishing products kids

kids where electronics jewelry is of

them makeups I don't know what else

there is household and you know

microphones and I know anything you can

find anything if you go to categories

right here see all categories and you

see right here women's clothing and

accessories so many and subcategories

men's clothing and accessories so yeah

just go to al express.com and see

yourself what kind of and how many

products you can source from Aliexpress

for example I don't know let's go to

let's see jewelry and accessories I

think it's one of the most popular

niches in drop shipping is jeweler and

accessory because it's very nice and

easy to source these items they're

extremely cheap for example this

necklace cost you 16 cents euros in

dollars it will be like 20 cents of of

dollars and imagine you can sell it for

like three dollars and you're gonna get

almost $2.80 into your pocket you also

can source as free plus shipping item

and you know so these are just necklaces

and you can see there are many pages of

necklaces alone

and it's not only this and then again

pendant necklaces chain necklaces

chokers necklaces and so on so forth so

it's basically look necklaces and

pendants 1,400,000 or almost 1 million

and a half results of necklaces and

pendants imagine the amount of the items

that they store on Aliexpress al Express

is actually a branch of Alibaba Alibaba

is a Chinese wholesale market and they

usually sell sell in kind of in big

volumes with wholesale prices as well so

Alex press is kind of a retail online

store of Alibaba so yeah you can have a

look for yourself on that express what

they offer then let's see the Shopify so

Shopify is an amazing platform some

people try to build a shop on WordPress

if you will decide to build your online

store I honestly recommend you to go

with Shopify I tried both I tried

WooCommerce the platform that is

integrated into WordPress website as

long as I like WordPress for building

blogs and niche websites for affiliate

marketing I didn't really like

WooCommerce first of all yeah I mean it

doesn't look as sleek and and

professional as Shopify it doesn't

provide as you know you need to know are

kind of coding to create an amazing

store with WooCommerce and still the

functionality is not as fast and smooth

as with shorter fire and all shop like

Shopify is the platform that was

originally created with online shop in

mind it's like specifically made for

that so I recommend you to go with

Shopify I have a 14 days free trial in

the description of this video if you

want to try Shopify just follow that

link then here's the example of Shopify

drop shipping store and it's not just

the example of the online store with

Shopify

is exactly all these items are sourced

from Aliexpress you can find all these

items on our Express for example if I

search for steam punk sunglasses you

will see some of the sunglasses right

here look look these sunglasses and look

right here exactly the same sunglasses

you can find those in the bottom

sunglasses as well recently I started

thinking about getting back to drop

shipping at least to test a couple of

products just a couple of niches and see

how things are going and yeah maybe

maybe actually I will do or case study

or something like that with drop

shipping to show you guys how to do it

right way let's say and yeah as you can

see so the sunglasses in on Shopify they

cost like three bucks like seven bucks

is already expensive like ten bucks is

like in a nice holder and and box and

you know and the the rest of the

sunglasses are like three bucks and less

and these guys on steampunk artifacts

and calm they sell it for twenty five

dollars it was actually the price that I

was putting when I was trying to sell

the sunglasses and yeah steampunk

watches and all this stuff it's kind of

very nice looking website to browse they

did kind of kind of okay as you can see

they they put all the about ask contact

us shipping and returns to the service

service policy policy refund policy and

so on so forth so this is a great

example so guys I hope drop shipping is

clear now for you I hope you understood

the whole concept behind hovercard drop

shipping business model and if you want

to get into that I will be making more

videos about drop shipping as I

mentioned just now that maybe I will

dive into that and we'll create a case

study and we'll see we'll see I'm not

sure right

but I will not be uploading too many

videos about dropshipping so you don't

have to expect for me any courses about

dropshipping if you want to start the

dropshipping and you need some kind of

support and step-by-step tutorial and

course and how to do everything right

from product research building your shop

choosing a theme

creating faith like exact tutorials on

how to create Facebook ads how to scale

your business how to really start from

from zero to like whatever numbers you

want to reach I recommend you the course

from Franklin Hatchett

he's the only guy that I can recommend

like one half cent he's not the kind of

guy who flashes his Lamborghini in

mansions and all these things he is he

actually started with drop shipping

before even it got popular before people

found out about drop shipping in a kind

of wide scale he was doing it like for

himself has just has one of the his

sources of income and yeah recently he

created the course up-to-date course

with all the details with all the well

everything that you need to to do the

follow the link below in the description

of this video and you will see yourself

what the course is about and if you if

it's something that you're looking for

and for today that's it you can expect

more videos about drop shipping I will

cover some basics as well and some

tricks that's not many drop shippers and

gurus and experts are mentioning about

the ones that I was experimenting with

and it worked really well and yeah guys

so thank you for watching I hope you

like this video

if you're new here subscribe to my

channel and make sure that the Bell

button is on this way you will be

receiving notifications as soon as I

upload new videos and thank you guys for

watching again put down in the comments

below if you try the drop shipping and

what are your thoughts about how

you succeeded or not and what do you

think was the main problem the main

struggle for you with dropshipping put

down in the comments I will get back to

you as soon as I can thank you guys for

watching and see you in the next video

#Best Education Page #Online Earning

online earning,make money online, earn money online, online earning, online earning sites,

 make money online free, online money income, earn money online free, money online, best way to earn money online, online income site, money earning websites, best online earning sites, easiest way to earn money online, earn money payment bkash, online money income site