Hey guys, I want to say something.
I absolutely love running this channel, I love creating these videos, and I love talking
about Dropshipping with [inaudible 00:00:09].
Most of you leave really thoughtful, kind comments and questions.
But sometimes, sometimes, it can be a bit frustrating when people leave comments like,
"Hey guys, just wanted to leave a comment to warn you all.
Set up my store and added products, ran Facebook ads, made no money.
Leaving my report on Scamwatch right now."
"My question for you is how can I do this for free?
Second question, if I start this today, will I make $10,000 in the next 30 days?
Please tell me how to make $10,000 in the next 30 days without any prior experience."
"So I bought your course, very disappointed.
I expected you to reveal all of the secrets that you gurus know but don't normally share.
Instead, you taught me information that I already know.
Very disappointed, expected more."
"My question is, how can I do this for free?"
"Hey guys, just wanted to leave a comment to warn you all that this is all just a scam.
They make it sound so easy like you will start making money tomorrow.
They don't warn you that it's harder than it seems.
Scam, scam, scam."
"Yes, I have a question, how can I turn no money into $10,000 really fast?
I need it in the next seven days.
Looking forward to your reply."
You know what?
It's all good, it's all good.
I'm happy to address all of these concerns.
Let's just do it, let's just jump straight into the video.
Is Dropshipping a scam?
Obviously, I'm going to say that no, it isn't.
The honest truth is that you're going to find plenty of people out there that are going
to say to you, "I tried Dropshipping and it didn't work for me.
I didn't make any money, it's just a gigantic scam."
You have to imagine that somebody came to you and said, "Hey, I opened a coffee shop.
Guess what, I didn't make any money.
Nobody came in and bought any coffee off of me.
Man, coffee shops are gigantic scams."
What would you do?
I know what you'd probably do, you'd most likely look at them sideways and think to
yourself, "No, cafés aren't scams.
You just didn't run yours right."
Cafés aren't scams, they're just businesses.
The truth is is that most people aren't very good at running business.
Yes, cafés are a business.
You're offering a product, which is coffee, and you're trying to get people to come in
and buy it.
If you aren't very good at marketing your café, then nobody is going to come in, and
you aren't going to make any money.
If you open your store in an area of town that nobody wants a café in, then no one's
going to come, and you're not going to make any money.
If your café is next to another one that looks nicer, is friendlier, and that people
prefer to be in, then they're going to go into that on and not into your one, and you're
not going to make any money.
Guess what?
Dropshipping stores are exactly the same.
If you set up your Aliexpress Shopify Dropshipping store and you don't spend the time and money
marketing it and testing products, then you're not going to make any money.
If you're selling products that nobody wants, then people aren't magically going to buy
them.
They're not going to purchase them, and you're not going to make any money.
If your store looks unprofessional and untrustworthy because you didn't want to put the time and
effort into making it look like those things, then people are going to go to the stores
that look trustworthy and professional, and you're not going to make any money.
If you open a Dropshipping store and you didn't make any money, it's not because you fell
for a gigantic scam, it's because you simply didn't run it right.
Most of the people that I come across who accuse Dropshipping of being a scam are usually
the sorts of people that are looking honestly for a magical money tree.
They aren't looking to run a business.
No, they are looking and scouring over the internet searching for secret hacks and tricks
that are going to allow them to make money through some gigantic loophole without doing
any work, which is crazy.
There are no secret tricks, or hacks, or loopholes for how you can just make free, easy money
on the internet.
That's not going to stop the people that live in hope of finding the magical money tree.
Occasionally these people stumble across Aliexpress Dropshipping and they think that they found
the secret hack or trick that's going to allow them to make their free, easy money.
No, you haven't.
All Dropshipping is is bypassing the wholesale and middleman.
Instead, you purchase your items directly from the manufacturer and you get them to
ship them out directly to the customer.
That's it, there are no secret tricks or hacks here, it's just a form of order fulfillment.
If you don't put any work to build up your store, then you're not going to make any money.
You need to be prepared to put work into creating your store.
If you took an espresso machine and you just threw it into an empty box of a room, then
people are not going to come in to your café.
The same goes for Dropshipping.
You're going to have to invest money into running ads for your store if you want to
see fast results, which is exactly the same if you opened a café.
If you didn't bother to advertise, then no one would know that it existed.
Guess what?
There are no guarantees.
Even most successful cafés were not immediately successful.
They didn't just immediately start making money.
Why?
Because it takes time to learn and understand customers.
It takes time to learn how to use advertising efficiently.
There is a learning curve, and the same is for Dropshipping.
Like any business, there is going to be a learning curve for learning marketing and
figuring out how to generate sales, especially if you are new to the internet marketing world.
Don't get me wrong though, Dropshipping is exciting and it is actually a really unique
opportunity compared to most other businesses.
It's exciting because unlike running a coffee shop and most other businesses, you don't
need tens of thousands of dollars to start, and you don't need any special qualifications
to start.
There are no barriers to entry like fancy degrees.
Instead, all you need to do is to learn how to do it yourself.
That can be either through coaches, courses, videos, or through trial and error.
There are not many businesses out there where you can start with less than a thousand dollars
and no special qualifications, and yet have such huge earning potentials.
That is super cool, but it's still a business with work and most likely some trial and error.
Basically, if you think that Dropshipping is going to be a vending machine where if
you put $20 in and you press some buttons and you're going to get $100 pop out the other
side, you should probably go elsewhere.
No, you can't Dropship for free.
Truthfully, I really shouldn't get frustrated when people ask this because I understand
why most do.
The reason why they want to start a business is because they don't have money, so they
want to create one so that they can have some money.
Yet to build a business to make money, you need to have some money to get started.
Kind of a catch-22, right?
If this is you, I'm really sorry.
I wish I had a better answer for you, but the honest truth is that you're simply going
to have to save some startup money.
At minimum, you're going to need $50 to get started using Free Traffic.
The honest truth is that most people are going to find paid traffic a lot faster and easier.
If you want to utilize paid ads, then make sure that you are prepared at least $500.
If you're someone out there that has the money, you just simply don't want to spend it, well
that is not the right attitude to have a business.
Some people have very limited attitudes when it comes towards money.
They see it as a scarce resource, when in reality it is an abundant resource.
Why?
Because you can spend money to make money, that's the point of business and reinvesting.
Money is the gift that keeps giving.
If you're someone that has that attitude, then what I would recommend is that you try
to shift that mindset.
If you do, you're going to find it a lot easier to scale and grow your store.
Stop looking for secret hacks.
There are really people out there that believe that there are secret tricks and hacks that
expert Dropshippers use.
It's those tricks that allow them to be successful, and if only, if only they could learn those
secret hacks, then they could be successful too.
Now spoiler, while that would be cool, there aren't secret underground societies where
people are giving away the secret underground hacks to making millions and millions of dollars
every year with Dropshipping.
You know, perhaps I'm wrong.
Perhaps they do exist and I'm just cool enough yet to be invited to them.
Actually, I suspect that these groups don't exist.
Listen, if you are buying a course because you're hoping to find secret tricks and secret
hacks that you can't find anywhere else, you probably shouldn't be buying that course.
A really good reason to purchase a training program or a course is to get access to step-by-step
trainings so that you can have guidance and direction, or to get access to premium tools
and apps, or to get access to exclusive one-on-one support.
Here is the honest truth; most information is actually available on the internet, it's
just extremely disorganized to say the least.
Courses provide for you in a streamlined way that you can easily follow.
For example, with the Dropship Club, our claim to fame is that we give you step-by-step training
videos that are over the shoulder, so that you can follow along with my screen.
Every month I host a live Q&A sessions that are exclusive for members.
If you're the sort of person that wants that type of training and that type of support,
then the club house is great.
If that is you, I will have a link to it in the description below.
If you have been spending the past few years watching every video that you can find on
Dropshipping on the internet, then you probably know quite a lot already and you should have
opened your store by now.
Don't buy a course hoping that it will be the Pandora's box of secrets that you've been
wishing and hoping for.
Trust me, it isn't going to be.
I'm not quite telling the truth here, because there is kind of one secret hack that not
many people know about.
I'm going to let you in on it right now.
Secret hack; study sales psychology, focus on copywriting and conversions.
I've said it before and I will say it again, most people who are drawn to Dropshipping
feel a lot more comfortable working with numbers rather than words.
They want a numbers based business.
If I spend X amount of money, then it will send Y amount of visitors, which will make
Z amount of revenue, which result in N amount of profit.
Yes, you can run your business that way, but you will get far more visitors, revenue and
profit if you also focus on copywriting and conversions.
You know what?
Knowledge about copywriting, conversions, and buyer psychology is something that very
few people know about and bother to learn about.
If you know about it, it's kind of like you have a secret weapon.
If you want to get a strong advantage over your competition, learn how to use words,
images, and videos to get customers to want to take action and buy your items right now.
There you go guys, if you would like to learn more of my secret hacks, then be sure to subscribe
to Wholesale Ted for more great videos like this.
If you haven't already, be sure to click that little notification down next to the subscribe
button so that you don't miss out on any videos.
Actually, I kind of lied twice.
I do have one other secret hack for you.
Here at Wholesale Ted we have a free ebook, How To Make $10,000 A Month Online With Dropshipping.
You'll find a link on how to download this free ebook in the video description below.
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