Joining the top 10% of online money earners Is not that hard. But You Need To Play Smart.
Drop shipping is one of the most under estimated and misunderstood concepts in today’s online business. With easy to understand concepts, coupled with the right merchants and payment providers, Drop Shipping can easily put you in the top 10% of all online money earners.
What is it.
If you have ever bought anything off Shopify, Wish et el, then it is a 99% chance it is a drop ship item.
The only variants, someone selling from say, Etsy , is more likely to send their own item.
Drop shipping, you hold no inventory, and when an item sells, the payment goes to your account. You pay ( the agreed percentage to the manufacturer), and keep the percentage you had it marked up by.
Then give the manufacturer the details of the buyer, the manufacturer then ships the item to the buyer.
A quick exercise Comparing the pros and cons with affiliate marketing.
The Benefits of Drop Shipping Vs Affiliate Marketing
Hands on Substantial Income Vs A Trickle of Passive Income.
Everyone plugs affiliate marketing as the way to have an online income. Even I have said it, but I’ve never said you will get rich.
Look at all the tricks you need for content. If you are suffering from writers block. You put it off for another day.
Here is what ClickBank’s Community Manager Beau Blackwell , had to say about affiliate marketing. quote ” It’s no secret that out of the hundreds of thousands of new people who decide to try affiliate marketing every year, only a small percentage ever make enough to quit their day job or significantly change their lifestyle”.
“Is it because affiliate marketing is too competitive, too hard for non techie people, or just not all that is cracked up to be. ” unquote.
Last I heard, the percentage who succeed is about 3%
If you don’t know, Click Bank is probably the number 1 site for digital merchants and vending websites in existence today.
Affiliate Marketing Pros.
- Potential to earn Passive Income.
- Can be set up with zero cost
- No contact with customer required (often not allowed).
- No Geographical restrictions
- Can’t think of anything else.
Affiliate Marketing Cons.
- Need time to know how to set up a website properly
- Either no income or very little during this learning curve
- Months? long lead time before your website is rank well enough by Google and other search engines, if ever!.
- Constantly having to coming up with new ideas to blog about in your niche.
- Need at least very good SEO skills. Advanced skills is better.
- Good writing skills
- Extensive marketing and promotion required.
- Low percentage rate of commissions. Often marketing costs exceed income.
- Short term cookie life.
- Some merchants close their affiliate accounts, leaving you with useless blog posts.
- Not always available to non English speakers.
- Chances of being in the top 10% of online income earners are very slim.
Drop Shipping Pros
- No risk
- High Margins
- No need to carry inventory.
- It is not necessary to be niche specific
- A drop ship web site can be set up in a few days and be earning income almost immediately.
- Don’t need advanced SEO skills.
- You are able to establish a relationship with merchants and earn additional income as an affiliate.
- You set your own prices.
- If outsourcing, the Tech Skills of Virtual Assistants do not have to be extensive.
- Low cost set up
- Only basic tech skills required.
Drop Shipping Cons.
- Making price adjustments to hit a sweet spot, can take time on some items.
- Staying on top of payments, taxes and being accurate with customers details. If you are doing this then your making money. You can always hire someone to do this.
- Keeping advertising costs under control.
- Refrain from extravagant spending of profits. Invest some of it in Gold.
In a nut shell just basic business book keeping. If your starting from zero e-commerce knowledge, then Drop Shipping wins hands down. If you have some experience marketing things on the internet through E-Bay or Etsy, then, drop shipping is the logical step to give your income a serious boost.
It gets Better.
Made for You websites.
Amazon or some Amazon Associates kicked this off way back in the early / mid 2000’s. Where, for about $6,000 you could have a website, domain name, and niche. You then populated it with items from your niche.
You had to learn basic coding, and write descriptions using the code box, which is why it never really took off.
Since then The drop shipping space has been filled by Shopify, Big E-Comm, and others.
Now there is no need to do or know any coding.
Every drop ship platform follows similar formulas, some have more apps than others, some push harder in their advertising to get you signed up using their platform. I did posts some time back, see one here
This is the guy who turned E-Commerce on its head. While people were looking through their cupboards for things to sell on E-Bay, Jack was being rejected by the Harvard Business School.
After the tenth rejection he, and a few friends managed to cobble together about $80,000 to form a new business, They called it Alibaba.
The rest, as they say is history.
Aliexpress Plugins & Made for you Webstores
Recently a company was set up based on a plugin they called the Alidropship plugin.
If you don’t know Aliexpress is an E-Comm platform for Small and Medium enterprises (SME’s), from across Asia as well as foreign companies who have set up bases in Asia and manufacture products there.
A history of the company here.
The Ali drop ship offices has its offices located in Irvine California. It is totally independent of the aliexpress wholesale operations and the plugin was not developed by Aliexpress.
The alidropship plugin created a way for many people who wanted to enter into online commerce but were not able to due to their limited IT skills.
Many of the staff have drop ship experience. Many are IT experts,all are proficient at their job and keen to help you to succeed with your business.
Earn Profit Margins up to 2000 % With an outlay of $89.00
This Plugin allows you to import products straight to your Word press or Woo Commerce Store. Process clients orders and track you business performance.
Over 100,000 trusted suppliers, 100 million products. Free Shipping and No Hidden Fees and Charges. Full lifetime support.
Unlike other drop ship hosts, Aliexpress is here to help you succeed. The cost of the plugin? A miserable $89.00.
Earn another 12% on your sales.
As well as earning a return on the products you sell, you can also pocket some more money or use this as a discount to for your customers. Lets face it you need to stay on top of the competition.
The cashback scheme works as follows: you click a special affiliate link and purchase the desired products on AliExpress.
After the products are delivered, part of the cost ( up to 12%), is returned to you in your affiliate account. This will give you an additional bonus in addition to your drop shipping income.
The Full list of what is on offer.
- Custom Stores
- Ali Drop Ship Plugin
- Ali Drop Ship Woo Plugin
- Premium Drop Shipping Stores
- Services and Add Ons.
- Import Packages
- Ali Drop Ship Chrome Extension.
- Established Stores For Sale.
For Free you get
A comprehensive list of help centers to help you succeed with your business. Niche testing and niche ideas, marketing tips, profit calculator. Check out all the resources and review the hosting plans Here
1. Full ownership of their drop shipping business. You don’t depend on anyone else’s rules or limits. and you can do whatever you like with your store including: customization, expanding their catalogue, setting markups. You can even sell your store, and we will help with that too.
2. A One-time payment for your online store. You only pay ONCE for our WordPress / Woo plugin or ready made store. Forget about any further monthly fees!
3. Order a turnkey custom store. If you don’t have time to build an online store, you can always order one. We’ll create it, from A to Z according to your preferences. The cost of this service starts at only $299. This is a one-time payment, too!
4. Live support by personal manager. Whether you decide to buy the AliDrop ship plugin and build a store by yourself … or order a custom store, we provide FREE lifelong support and plugin updates. A dedicated manager will answer all of your questions and take care of any technical issues.
You can sign up for your wealth builder Here
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