The Dropship Podcast

In this episode of The Dropship Podcast we're chatting about our experiences building and growing businesses while starting a growing our families.

Being in business with a family presents some additional challenges but it's well worth it!

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Here's something new! In this episode Ben conducts a Search Engine Optimization (SEO) teardown on a live high ticket dropshipping site.

If you want to start getting your head around SEO, you gotta watch the Ecom SEO GOAT go to work.

Shout out to Karim, for volunteering his site for this episode.

If you'd love to volunteer your site for a SEO teardown or a website teardown by Jon leave a comment on this episode.

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Are you waiting to make a big decision in life?

It might be starting a high ticket dropshipping business, it might be quitting your job to go "all in" or maybe it's a having a difficult conversation...

There's never a "right" time and there's always a cost to waiting.

Is it worth it?

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From Jon...

I love to read. Over the last 10 years in business I've read a tonne of business related books.

This a non exhaustive list of 10 of my favorites and why I recommend that you read them (if you haven't already).

There's some titles here that I know you've probably heard of, and some I'm willing to bet you haven't.

Check them out and as always, make sure you're combining your learning with ACTION. Don't mentally masturbate.

The 4 Hour Work Week by Tim Ferriss - https://a.co/d/bOAXy0t

Breakthrough Advertising by Eugene Schwartz - https://breakthroughadvertisingbook.com

The 22 Immutable Laws Of Marketing by Al Ries and Jack Trout - https://a.co/d/7JZMc52

The Obstacle Is The Way by Ryan Holiday - https://a.co/d/dOXysny

Do The Work by Steven Pressfield - https://a.co/d/ghVnff9

Traction by Gino Wickman - https://a.co/d/fYTMP0H

Outlive by Dr Peter Attia - https://a.co/d/b2QuN4U

Eat That Frog by Brian Tracy - https://a.co/d/fv5TBgi

Purple Cow by Seth Godin - https://a.co/d/cYQnpg0

Discipline Equals Freedom by Jocko Willink - https://a.co/d/chYH868

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Business is largely about solving problems for people. Your customers are coming to your store because they have a problem that they require a solution for and that solution is going to give them an outcome that they desire.

So the more you go looking for problems to solve for your customers the more they will look to you and your business as the person/business that will provide the outcomes they are looking for.

Outcomes = Money. Solve problems to get there.

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In this episode of The Dropship Podcast we're discussing 2 things that we changed our minds on from when we started dropshipping to now - 10 years down the track. This is the final episode of this series.

In this final episode we talk about the 2 things that are closest to our hearts, the value of "mindset" and not sleeping on your physical health.

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In this episode, we're sharing part of Sharon's incredible journey in high ticket dropshipping.

Sharon, a DSBT student and partner of the hosts, recently nailed a $90,000 single product order and shares her experience handling such a massive B2B transaction.

We discuss the differences between B2B and B2C marketing, emphasizing the need for problem-solving and effective communication in B2B sales.

Sharon’s story is a testament to the potential of high ticket dropshipping, offering valuable tips for anyone looking to start their own ecommerce business.

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Timestamps

$90K Dropshipping Order (00:00:00)

Celebration and Anxiety (00:01:01)

B2B vs B2C Marketing (00:02:07)

Receiving Commercial Calls (00:02:42)

Advertising Strategies (00:03:21)

Search Terms Differentiation (00:04:31)

Initial Customer Interaction (00:06:19)

Communication for Large Orders (00:07:51)

Payment Process for Large Orders (00:09:48)

Handling Payment Terms (00:14:03)

Profit from the Order (00:15:31)

Quote for a $1 Million Order (00:17:32)

Future Potential (00:17:54)

B2B Marketing Insights (00:18:11)

Passion in B2B (00:18:54)

Spending in B2B (00:20:10)

Challenges in B2B (00:21:11)

Keyword Strategy (00:21:47)

Differentiating B2B Offerings (00:22:01)

Unique B2B Products (00:22:34)

In this episode we answer a question about how long it takes to learn dropshipping.

It's a 2 part answer, on one hand, you can learn enough to get started and make your first sales in the next month, on the other, it will take much longer to learn everything you can learn to grow a dropshipping business.

We share success stories, including a student who hit $1 million in sales within ten months. If you're ready to start your ecommerce journey, this episode is packed with insights and motivation to get you moving.

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Timestamps

Learning Timeframe (00:00:58)
Emphasis on how quickly one can learn the essentials to start making sales.

Effort and Action Required (00:01:40)
Highlighting the importance of effort in building a site and contacting suppliers.

Low Capital Requirement (00:02:37)
Discussion about starting a dropshipping business with minimal investment, around $500.

Learning While Doing (00:02:47)
The balance between learning theory and applying it practically in business.

Avoiding Overthinking (00:04:19)
Encouragement to take action rather than waiting to learn everything before starting.

Importance of Practical Experience (00:05:16)
Stressing that true learning comes from doing, not just consuming knowledge.

Success Stories (00:06:14)
Sharing a student's success of achieving $1 million in sales within ten months.

Taking Focused Action (00:07:05)
Encouragement to take focused action and learn from failures to accelerate success.

In this episode of The Dropship Podcast we're discussing 2 things that we changed our minds on from when we started dropshipping to now - 10 years down the track.

We're talking about dropshipping businesses being "parasite" businesses and sharing your niche with others.

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Timestamps

The Value of Business (00:00:00)
Jon emphasizes that businesses need to provide value to attract customers.

Introduction to the Podcast (00:00:21)
Ben introduces the Dropship Podcast and mentions discussing changed perspectives.

Dropshipping as a Parasite (00:00:55)
Ben reflects on the misconception that dropshipping lacks value and is merely parasitic.

Legitimacy of Online Retail (00:01:40)
Jon argues that dropshipping is akin to traditional retail, providing legitimate value.

Understanding Business Value (00:02:57)
Jon explains that all businesses, including dropshipping, are valid if they meet customer needs.

Recognizing Business Achievement (00:06:32)
Ben highlights the rarity of reaching high sales figures and the success of their community member.

E-commerce as a Service (00:07:37)
Ben compares dropshipping to local businesses providing valuable customer service.

Realizing Customer Impact (00:09:06)
Ben shares how understanding customer needs shifted his perspective on dropshipping.

Value in Problem-Solving (00:10:13)
Jon reinforces that businesses exist to solve problems, thus providing value.

Creating Additional Value (00:12:06)
Jon encourages dropshippers to innovate and create their own products to add value.

Retailers and Product Lines (00:12:23)
Ben discusses how big retailers often have their own product lines and the potential for dropshippers.

Changing Mindsets on Sharing Niches (00:12:51)
Ben reflects on the shift from secrecy to openness about niche markets in the community.

Concerns About Competition (00:13:51)
Jon talks about the fear of competition and the reality of business ideas being common.

The Importance of Unique Execution (00:16:24)
Ben shares his experience with competition, emphasizing that execution matters more than the product.

Promoting Your Business (00:17:36)
Ben encourages entrepreneurs to actively promote their businesses and build their brand presence.

Overcoming Initial Fears (00:18:19)
Jon discusses how early fears of competition can diminish as businesses grow and establish themselves.

In this episode of the Dropship Podcast, we dive into creating a compelling offer for your high ticket dropshipping business.

We share insights on standing out in a crowded market by focusing on the overall offer—shipping, returns, customer service, and added value—not just the product.

We elaborate on these strategies, emphasizing the importance of perception in marketing. We also advise conducting market research, testing different offer elements, and continuously refining your approach.

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Timestamps

Introduction to the Offer Concept (00:00:00)

Understanding Market Competition (00:01:17)

The Importance of Differentiation (00:02:57)

Defining the Offer (00:04:54)

Creating a Unique Offer (00:06:03)

Researching Competitors (00:08:01)

Gaining Insights from Competitors (00:09:57)

Perception in Marketing (00:11:00)

Risk Reversal Strategy (00:12:59)

Highlighting Returns Policy (00:14:41)

Communicating Your Offer (00:17:49)

Final Thoughts on Offers (00:19:52)

Creating a Compelling Offer (00:21:35)

The Importance of Offers (00:22:26)