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The My Wife Quit Her Job Podcast With Steve Chou

566: New US Crackdown Just Killed Dropshipping – What Sellers Must Know

The My Wife Quit Her Job Podcast With Steve Chou

[email protected]

Marketing, Business, Entrepreneurship

4.81.4K Ratings

🗓️ 4 December 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

In this episode, I’m going to break down why the aliexpress dropshipping business model is essentially dead. I’ll break down what happened, why it happened and what it means for you. What You’ll Learn The new deminimus legislation Why this affects China dropshipping Why the new rules kill this business model Sponsors SellersSummit.com – The Sellers Summit is the ecommerce conference that I’ve run for the past 8 years. It’s small and intimate and you’ll learn a ton! Click Here To Grab The Recordings. The Family First Entrepreneur – Purchase my Wall Street Journal Bestselling book and receive $690 in […]

The post 566: New US Crackdown Just Killed Dropshipping – What Sellers Must Know appeared first on MyWifeQuitHerJob.com.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the podcast, the show where I cover all of the latest strategies and current events related to e-commerce and online business.

0:07.4

Today, I'm going to talk about how recent legislation is effectively going to kill drop shipping from China in the next 18 months.

0:14.3

So if you're thinking about starting a drop shipping business, you might want to reconsider.

0:18.3

But before we begin, I wanted to let you know that tickets are now

0:21.7

on sale for Sellers Summit 2025 over at Sellersummit.com. The Cellar Summit is the conference

0:29.0

that I hold every year that specifically targets e-commerce entrepreneurs selling physical products

0:34.0

online. Unlike other events that focus on inspirational stories and high-level

0:38.1

advice, mine is a curriculum-based conference where you will leave with practical and actionable

0:43.4

strategies specifically for an e-commerce business. Every speaker I invite is deep in the trenches

0:49.1

of their e-commerce business, entrepreneurs who are importing large quantities of physical goods,

0:53.9

and not some high-level guys who are overseeing quantities of physical goods, and not some high-level

0:55.2

guys who are overseeing their companies at 50,000 feet.

0:58.7

I personally hate large events, so the seller's summit is always small and intimate.

1:03.7

Every year we cut off ticket sales at around 200 people, so tickets sell out fast, and we've

1:08.6

sold out every single year for the past eight years.

1:11.5

If you are an e-commerce entrepreneur, making more than $250,000 or $1 million per year,

1:17.7

we also offer an exclusive mastermind experience with other top sellers.

1:22.0

The Cellar Summit is going to be held in Fort Lauderdale, Florida from May 6th to May 8th.

1:27.0

Go grab your ticket over at Sellersummit.com.

1:29.7

Now on to the show.

1:37.6

Welcome back to the podcast.

1:39.3

In this episode, I'm going to break down why the China drop shipping model is essentially

...

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