S204: Why Traditional Drop-shipping IS NOT a Long-Term Business Model

The Commerce Club Podcast

So many people think drop-shipping is going to be their “get rich quick” scheme - but can it ACTUALLY make you rich?
IMO NO…
Dropshipping is for sure a popular business model in the ecommerce world, that has a lot of benefits, but it is not a get rich quick scheme and actually you could end up losing more money than you make...
While dropshipping offers low risk and low barriers to entry, it is not a sustainable long-term plan if you don't build a brand around it.
Many people approach dropshipping as a way to make quick money by selling trending products without being passionate about what they're selling.
This leads to a crowded market, lack of customer loyalty, and poor customer experience.
However, dropshipping can be done well by building a brand, white labeling products, and utilizing platforms like Amazon FBA.
I share more of my personal opinions on dropshipping in today's episode.

If you've enjoyed this episode please make sure to hit that subscribe button :)
Incase you just stumbled across this episode and we haven’t met before let’s get formally introduced here: www.itssophiebiggerstaff.com

If you’re an e-commerce business owner looking for support I host my online courses designed for you here: www.thecommerceclub.co

For more content like this follow me on socials:

Instagram: https://instagram.com/itssophiebiggerstaff

TikTok: https://www.tiktok.com/@itssophiebiggerstaff

LinkedIn: https://www.linkedin.com/in/sophie-biggerstaff-retail-consultant/

Subscribe for free business resources: https://itssophiebiggerstaff.myflodesk.com/instagram

Luvut

1. What is Dropshipping? (00:00:00)

2. The Importance of Building a Brand around your E-Commerce store (00:03:16)

3. Why Dropshipping is a Short Term Business Model (00:05:32)

4. The Importance of Building Customer Relationships (00:08:44)

5. Utilizing Amazon FBA as a Sustainable Dropshipping Model (00:15:26)

6. My Personal Thoughts on Dropshipping (00:22:25)