Why Dropshipping Is a Huge Scam

This is the problem with dropshipping today. If you're seeing this and about to start dropshipping in 2019, don't let this discourage you, just know you'll need to put in a lot of work.

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[PepsiFuture]

Please don’t listen to this kid. I’ve made $1, 000+ in a week multiple times from my phone without a degree do to “gurus and dropshipping” and no I’m not going to sell you a course. If you’re a young entrepreneur, you’d be an absolute idiot to not take this historic opportunity. Obviously 95% of dropshippers will fail, but 99% of people will fail in most businesses so...obviously nobody will be a millionaire overnight, but there has never been a better ad platform than Facebook ads and the attention is extremely underpriced. Not to mention that dropshipping can teach a young entrepreneur who doesn’t have a $10, 000+ budget from mommy and daddy accounting, customer service, sales, brand creation, marketing, b2b networking, etc. It’s actually insane to suggest aspiring entrepreneurs shouldn’t dropship as a means to either start learning business or make an extra few hundred to a few thousand a month

[ohkabomb]

If you want to learn dropshipping, don't buy a course. Just keep watching youtube videos and test it out yourself.

[Matt-wgxn]

2:30 Lyft literally became a multi-billion dollar company just copying Uber

[Sswervyy]

the title should be "mistakes people make when drop shipping" because its obviously not a scam.

[kevingarubba]

Your title should say "Dropshipping is saturated" not a "Huge scam". Dropshipping is simply forwarding an order from an end consumer to the source manufacturer.

[jasonsin]

Drop Shipping is a fulfillment method, a lot of big brands are doing the same (in terms of selling the same thing) if you look carefully, You can find very similar or even identical products from big brands on aliexpress, the only difference is the LOGO, Packaging, and their own warehouse (instead of drop ship from supplier).
Even though I hate people spreading fake and uneducated news, but I must thank you for doing that as you are keeping competitors away from the drop shipping space. Thanks.

[AussieMoneyMan]

Mm I agree but it's not the model that is a scam. It is the gurus.

[times]

I remember watching a you tuber talk about how much money he makes, how he can work anywhere in the world and how money is no longer an issue. A link to his website offered a free book with further links to his online course. The price was $400, but they had a special offer on for anyone who orders within the next 2 hours at $90. First question is why would someone who earns a fortune with drop shipping want to share this idea - More people doing it would make it less profitable. Also if he simply wanted to share the information because he wants the best for people then why not offer it for free. The truth is they make their money from the courses and simply sell the dream of living the millionaire life style. What a con, and that's all it is.

[DeadBeatCousin.]

People who get scammed just didn’t do their own research.

[KhadijahParker]

Paid 997 for a corse and then I find out about all the other monthly payments and ad fees that come with it they didn’t tell me about 😩 never investing unless it’s actually a business I start from scratch I learned my lesson

[favouroladeji]

I love your honesty, but I still feel you will sell a course one time or the other

[bumbabums-]

Great video. Glad you posted it. And good on you for raising the awareness of the scams within the industry of people taking advantage of the advertisement side.

[najeyrifai]

I wish I could like this video twice. As a small business owner, I'm sickened by how saturated online sales have become.

[Actionme]

Here are the reasons dropshipping is an attractive business model.
1. Low startup costs.
2. You can automate it.

Everything else is either expensive to start or requires a huge time commitment to continue making money.

[voice]

Dropshipping is a legitimate business model, if you start and you don't put any effort in it you will fail, you have to put time in it and make your research

[michaelschultz]

thanks this video helped a lot, more than you think. to all the people who are aggresivly disagreeing should take this as a lesson. this is the first and pretty much only video ive seen about DropShipping that didnt seem fake, and helped me see the "truth" or "realness" of the DropShipping industry. you made some great points to take into consideration

[TheLeah]

After the Coronavirus, dropshipping is the worst thing to do. I closed down my dropshipping store and I created another store making my own jewelry as well as bought some things in bulk.

[edenpowell]

Not sure what your talking about I started 6 month ago and now doing double my wage per month for half the hours

[skylabx]

I ask people the same question, how many people do you know personally that have been doing drop shipping for over a year and it's producing the type of figures the gurus they followed claimed or the model they produced themselves....most that I know are already doing something else or looking for something else, struggling with changes to the intricacies of online pathways etc etc nobody pays for an add to reel you in if they don't have a game plan to recoup their money, some business models will take you seven steps of free content before they have you subscribe for the eighth and they're so committed they pay & add incremental payments over time.

[ni]

thank you after i stopped youtube from showing me alt right ads all i get is dropshipping add telling me i can make a lot of money if i pay for their course. which sounds so fake... but i’m in a difficult position trying to find ways to make enough money to leave unsafe housing. feels like those youtube ads made to target vulnerable people like me. it was also hard to find an honest youtube explication of these scams.