What is drop shipping at the end of the day?

Drop shipping is a business model in which the distributor, or wholesaler, does not keep goods in stock but instead transfers the responsibility of fulfilling orders to their customers.

Now that we know what drop shipping is, let's look at how it works in Australia. It's been around for decades and has helped online sellers get their businesses off the ground and make a successful living as entrepreneurs.

Drop shipping allows Australian businesses to compete with larger companies on price by saving on inventory costs and passing those savings onto consumers. It is a reliable way to move products without being worried about storage space or the cost of sales.

What are the benefits of drop shipping in Australia?

For the entrepreneur, drop shipping makes it easy to expand into new markets by not having to buy inventory or set up warehouses. It's a great way for businesses that have products available in Australia to get their products...

Today I want to talk about whether you should start out with dropshipping by using Oberlo.

I see the temptation of it. It's a popular platform right now. Everybody's going on about it, and it sounds like an easy way to get started. You can join Oberlo, go to AliExpress, find thousands upon thousands of products, and use Oberlo to just load up your store with basically any product you want.

You get to skip the work of contacting suppliers, locking in contracts and getting reseller accounts. So I can see the benefits of it and I understand why people get so excited about the concept. Maybe they want to try running their first store with this method.

I think at the end of the day it's just so that they can skip trying to lock in those suppliers. I understand the appeal of that, but there are quite a few negatives to using Oberlo and Aliexpress. By skipping that supplier process, you're then moving all of your operations offshore, which can have a lot of negative effects on your...

Why do most dropshippers fail? Why is it that a lot of people can't take it to the next level? Why do so many people get started and then quit? Let's talk about my five top reasons why most people generally quit or fail.

Number One: Quitting Too Early

If you kick off a dropshipping business, go for one week, with no sales and five hundred dollars spent on ads, you didn't really give it a proper go. You've got to give it three to twelve months, at least, to begin to build some momentum. This is a real business, this isn't a scheme to make some quick cash today. You can't just have a laugh, make some cash, and quit within five minutes.

Number Two: Bad Niche Selection

There are a lot of different niches and a lot of different reasons that they can fail. I do always say that any niche can work as long as you're willing to pay for it, so the idea is to narrow your focus and find a niche that isn't too competitive, especially when you're just starting out. If you're going to go into pet...

Today I’m going to be talking about the most important five things you need to know before you start drop shipping.

First, before you start or even if you’re just considering starting drop shipping, is number one: mindset.

If you are not ready to start a business and really give it a proper go, and I mean a red-hot go. I mean talking about putting in a few hours, at the very least, every single day. I mean staying on top of it, keeping up the grind, and treating it like it’s a part-time job. If you’re not ready for all that, you may as well not even start because it's not going to happen.

If you’re not ready to start a business and give it your all, you're going to fail. So get into the mindset. If you're going to start, don't start with “I might give this drop ship thing a go, I might snag a few sales.” Yes, you might snag a couple, but at the end of the day you won't see any real income, and you won’t turn it into a full-time...