The Dropship Unlocked Podcast

Should You Sell £1 or £185,000 Products? (Episode 109)


Listen Later

👉 Ready to start your own online store? Start here:
https://dropshipunlocked.com/start?utm_source=podcast&utm_medium=podcast&utm_campaign=ep109-should-you-sell

🗣In this episode, Lewis Smith and James Eardley tackle a pivotal question for aspiring e-commerce entrepreneurs—should you focus on low-ticket products priced at £1 or aim for high-ticket items worth £185,000? 


This decision can significantly influence the trajectory of your business and overall success.


👉 Prefer to watch this on YouTube? Check it out here ➡️https://youtu.be/QYJKDiBqYEU



Topics Discussed:
 


★ Profit Margins: Discover how selling high-ticket items can yield higher profits per sale compared to low-ticket items, illustrated with relatable analogies.
★ Administrative Tasks: Explore the differences in administrative burdens when dealing with low-ticket versus high-ticket products and how fewer transactions can lead to smoother operations.
★ Common Misconceptions: Uncover the myths surrounding high-ticket dropshipping and why many people believe it’s harder to sell expensive products.
★ Building Trust: Learn practical steps to establish credibility with potential buyers and the importance of leveraging high-quality suppliers.
★ First Steps: Get actionable advice on what new entrepreneurs should do first when entering the high-ticket dropshipping space.



Links and Resources Mentioned:
Pick up a copy of Lewis’ book: https://dropshipunlocked.com/book
Get Shopify for £1 a month for 3 months: https://dropshipunlocked.com/shopify
Get a free trial with a professional phone line: https://dropshipunlocked.com/circle



Key Takeaways:
 


★ Focus on Profit: Selling high-ticket products can lead to significantly higher profit margins and require fewer sales to achieve your financial goals.
★ Streamlined Operations: High-ticket dropshipping typically involves lower administrative tasks, making it easier to manage your business efficiently.
★ Trust is Key: Building credibility with your audience is crucial for selling high-ticket items, and leveraging testimonials can help solidify that trust.


FOLLOW:
Instagram: https://www.instagram.com/dropshipunlocked/
Twitter: https://twitter.com/DropshipUnlockd
LinkedIn: https://uk.linkedin.com/company/dropship-unlocked
YouTube: https://www.youtube.com/c/dropshipunlockedlewissmith
Website: https://www.dropshipunlocked.com/


Thank you for listening to the Dropship Unlocked Podcast! Don't forget to subscribe and leave a review on your favourite podcast platform.

★★★Dropship Unlocked - Lewis Smith★★★


🌏Want to create location, time, and financial freedom? Watch Our Free Training ➽ https://dropshipunlocked.com/start?utm_source=podcast&utm_medium=podcast&utm_campaign=ep109-should-you-sell

...more
View all episodesView all episodes
Download on the App Store

The Dropship Unlocked PodcastBy Lewis Smith & James Eardley

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

13 ratings


More shows like The Dropship Unlocked Podcast

View all
The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,591 Listeners

Disruptors by Rob Moore

Disruptors

117 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

51 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,465 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,302 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,466 Listeners

eCommerce & Dropshipping Podcast by Adil Ouchrif

eCommerce & Dropshipping Podcast

56 Listeners

The Problem With... by James Smith

The Problem With...

927 Listeners

Dropshipping - Talks from dropshippers to dropshippers by Lior Pozin - AutoDS CEO

Dropshipping - Talks from dropshippers to dropshippers

8 Listeners

The Fellas by The Fellas Studios

The Fellas

325 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,219 Listeners

The UpFlip Podcast by UpFlip

The UpFlip Podcast

252 Listeners

Ecommerce Paradise Podcast by Trevor Fenner

Ecommerce Paradise Podcast

3 Listeners

The Dropship Podcast by Jon Warren and Ben Knegendorf (DropshipBreakthru.com)

The Dropship Podcast

146 Listeners

Andrew Tate Speech Daily by Andrew Tate Daily

Andrew Tate Speech Daily

107 Listeners