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Side Hustle School

#1801 - Q&A: What if your drop-shipper drops out?

Side Hustle School

Chris Guillebeau

Business, Side Hustle, Entrepreneurship,, Careers, Entrepreneurship, Small Business

4.73.3K Ratings

🗓️ 6 December 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

Drop-shipping can be a great business model *sometimes*, but when you aren’t handling inventory, you’re at the mercy of the company that does. How can this listener protect herself from an unresponsive third party? 

Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Twitter: @chrisguillebeau

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Visit Chris's main site: ChrisGuillebeau.com

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

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0:04.4

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0:06.6

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0:17.3

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0:20.7

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0:25.6

Cannot be combined with other offers. See additional terms at 1Peloton.com.

0:35.0

Hey, what's up? Welcome to a brand new week. Welcome as well to episode 18001.

0:41.0

1801. We are still going strong, approximately 18001 days since we started

0:46.4

January 1, 2017. I'm so glad you're out there.

0:49.3

Now today I've got a listener question about drop shipping.

0:52.4

Okay? Drop shipping is the practice of having some other company

0:55.9

send out the product you sell. So you take in the orders, you send the shipping address to the

1:00.8

dropship company, and they handle the physical shipment. And in some cases it's a great way to

1:05.8

not deal with inventory or warehousing or any of the supply chain complexities that come with shipping.

1:12.3

But of course, there are also costs to doing this. And there's a vulnerability.

1:16.6

If your drop shipping company drops out, or if your drop shipping company drops the ball,

1:21.4

who do you think the customer is going to blame? I mean, they ordered from you.

1:25.2

They don't know anything about the other company. So today's listener is in a bit of a drop-ship

1:30.0

quandary. How can she best protect herself with this vulnerability? That's what we're going to

1:35.2

talk about. Question and my answer coming up after this quick sponsor message.

...

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