#440: Get all the benefits of dropshipping on Amazon without any of the risks
Silent Sales Machine Radio
Jim Cockrum
4.8 • 811 Ratings
🗓️ 25 February 2022
⏱️ 21 minutes
🧾️ Download transcript
Summary
We are NOT fans of dropshipping models in this community for very good reason. For every success story you'll hear, you'll hear 100 disaster stories. I'm convinced that the ONLY people who are truly excited about the model (at scale) are those who sell a course about it.
Today I discuss what dropshipping is, the only RIGHT way to do it, and perhaps best of all, a model that we are proving over and over again every day (with 100s of recent success stories from students) is far superior to dropshipping because it has ALL of the benefits, with none of the risks. Our model is also scalable, newbie friendly, sellable as an asset and can be entirely hand-free! Let us know what you think by joining our free Facebook group and sharing your feedback!
Show note LINKS:
Episode #161 - this is an old episode where I interviewed a drop shipper
https://humnbird.com - They help international sellers get established on Amazon.com (sell in the US from anywhere in the world) They specialize in everything from Intellectual Property, Trademarks, Patents, Corporation Setup to Branding, Design and Marketing. We recommend their affordable systems and solutions giving you everything you need to for your wholesale and private label business even overseas!
https://ProvenBrandBuilding.com - learn this unique strategy and launch multi-packs and bundles that the competition can't touch!
Proven Amazon Course - https://ProvenAmazonCourse.com - Are you ready to be successful selling on Amazon? It's time to get instant access to the most widely used, most up to date, most creative and industry leading course in the "Learn to sell on Amazon" space. You'll find hundreds of recent success stories in our Free Facebook group from Amazon sellers using all manner of creative strategies from our ridiculously inexpensive yet powerful course!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text)
My Silent Team Facebook group -https://www.facebook.com/groups/mysilentteam
100% FREE! Join 62,000 + members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world
Prep centers:
https://prepcenternetwork.com - Our recommended and vetted prep center list
Hear all the episodes you've been missing at SilentJim.com/podcast
Transcript
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| 0:00.0 | Welcome back, Business Building Warrior. This is Jim. This is Silent Sales Machine Radio. Thanks for joining me today for a short episode about a topic that seems to get a lot of attention in our community. It comes up quite frequently. Typically, it's among some of the newer members of our community. If you weren't aware, we've coming up on 70,000 people in our |
| 0:21.8 | Facebook group. We discuss 24-7 around the world, e-commerce, Amazon, the Replins model, which is |
| 0:30.1 | where the vast majority of our success stories are coming from these days, the Amazon Replans |
| 0:34.5 | model, and all other topics related to e-commerce and doing life from home, |
| 0:40.3 | using the internet creatively to launch and grow multiple income streams. That's what we do. |
| 0:45.0 | But one of the tells that we see that identify you as someone who's new to our community when |
| 0:51.2 | you jump in the Facebook group is if you start talking about drop shipping |
| 0:54.7 | or private label. Now, I beat up on private label quite a bit around here, launching your |
| 1:00.6 | own brand on Amazon as a new seller. Bad idea, 95% chance you're going to fail. We've talked |
| 1:07.1 | about that a lot lately. And you can get into our Facebook group, and there's |
| 1:11.2 | posts and discussions about why that is. Terrible idea. The quick summary is, if you go to YouTube |
| 1:16.7 | and you type in, I want to learn to sell on Amazon, you're going to be inundated with videos, |
| 1:22.3 | convincing you. You need expensive software, expensive courses, and you've got to launch a brand |
| 1:25.8 | and order products from China and get on Alibaba and find all these keywords and then do all the pay-per-click marketing. |
| 1:31.0 | It's a big waste of time, money, effort, energy, and a lot of blood, sweat, and tears |
| 1:35.9 | spin on something that has a 95% chance of failure. That's just the reality of the situation. |
| 1:41.8 | We don't start new sellers there. We'd love to get you there eventually, |
| 1:44.8 | but we don't start new sellers there. So that's one topic, private label. The other one we hear a lot |
| 1:49.5 | about, not quite as much, but a fair amount is drop shipping. Well, maybe I should explain what drop shipping |
| 1:54.8 | is first, very quick overview, and then I'm going to explain why it's a bad idea, a really, |
| 2:00.5 | really bad idea, and then I'm going to explain why it's a bad idea, a really, really bad idea. And then I'm |
| 2:02.1 | going to explain how you can have all of the benefits and perks, all the appeal of dropship |
... |
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