Is it truly over for dropshipping?

My friend wants to get into it so I blindly followed him pirated Biahezas course did some research and once again came to the conclusion it's not fucking worth it. What a joke of a business model I'm actually so mad that I wasted so much time on this when I have so many other options, how do I break it to him that its a dogshit business model?

I don't think it's worth in 2023. Also this:

https://getrichnow.com/18-reasons-you-shouldnt-invest-in-dropshipping-2023/

Acuityo said:

My friend wants to get into it so I blindly followed him pirated Biahezas course did some research and once again came to the conclusion it's not fucking worth it. What a joke of a business model I'm actually so mad that I wasted so much time on this when I have so many other options, how do I break it to him that its a dogshit business model?

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I mean, the business model is fine. You find a supplier, make deal to ship to customer directly, customer buys shit from you at markup, you buy shit from your supplier, supplier ships to cusotmer, you pocket the difference. Pretty reasonable model.


What people don't get is that this shit is difficult af. Your avg customer ain't buying your bracelet or other shit off some shady manufacturer from Xinjiang you met on Alibaba. He would prolly buy from a more reputable brand or find something local for 90% of the stuff that people sell with dropshipping.

People get blinded by the hype and success stories of the 1%. It takes immense luck and skill to figure out what product is worth dropshipping and what isn't and 90% of the products people try to sell is just junk.

The stuff that makes actual money is niche items you can't find anywhere except that one manufacturer in Seoul or Shanghai who makes it. And it takes domain knowledge to know that this opportunity even exists.

Acuityo said:

My friend wants to get into it so I blindly followed him pirated Biahezas course did some research and once again came to the conclusion it's not fucking worth it. What a joke of a business model I'm actually so mad that I wasted so much time on this when I have so many other options, how do I break it to him that its a dogshit business model?

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My friend maintains about 20% profit margins and has done 2 milly revenue in the last 6 months. He's doing pretty well for himself with it. The key is:
1. Utilize Facebook ad library
2. Utilize shop hunter
3. FB ads with video only, have a basic understanding about testing ad audiences and what ads are a winner or aren't.
4. A great, compelling, trusting store design
5. Dropshipping from USA warehouses only

Acuityo said:

dogshit business model?

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Sad to know it didn't work for you but that doesn't mean it's not useless kinda thing.

Dropshipping business comes under e-commerce and it's one niche really hard to crack with SEO.

That's why most of the successful dropship case studies, stories over last few years have fb ads in them.

Dropshipping still works and makes a lot of money I know this as I have clients doing this for around 10 years.

I forgot the name of a youtube channel that shares nice case studies about dropshipping.

You should check some of those videos. They will help.

Dropshipping is very much still alive and will always remain alive. What works in my case, is I keep finding health niche (sub-niches within health) products which caters to old / aged people in the US (USA) and then I find a reliable dropshipper. Next, I buy a domain and create a one page website dedicated to that particular product (integrate it with the dropshipping backend) and I run an EFFECTIVE Facebook Ads (video ad) for the product. If the video in the video ad is appealing and creates a sense of urgency, then the product sells quite well. Ofcourse the landing page (website) needs to be appealing and trustworthy too.
Do not forget that "around 23% of all online sales are via dropshipping." And "the global dropshipping market is forecast to reach $243.42 billion in 2023". Dropshipping is pretty much alive, if done properly.

no it's not over, but from all method i tried it's one of the hardest.
you need take care your customer, ofc same like other but problem come when supplier screw you up. or something come up then they go bankrupt/delivery pending list goes on. basically there is more factor you need to take care of to make sure it run smoothly.

My view in dropshipping is that it still works today but to find your way to profitable business you will go trough a lot of pain and money lost.

Acuityo said:

My friend wants to get into it so I blindly followed him pirated Biahezas course did some research and once again came to the conclusion it's not fucking worth it. What a joke of a business model I'm actually so mad that I wasted so much time on this when I have so many other options, how do I break it to him that its a dogshit business model?

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You can still make good money with it if you can provide a good experience for the clients, ad networks don't really like this business model. I would say it's saturated.

If you have a good and professional supplier, then it's worth it or else it's really hard. Plus you need to experiment a lot till you find a few winning products. I think with the right approach, it's still worth it.