DiscoverThe Dropship Unlocked PodcastDo Not Dropship These Products (Episode 95)
Do Not Dropship These Products (Episode 95)

Do Not Dropship These Products (Episode 95)

Update: 2024-09-16
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💻Join My FREE Online-Event: The Best-Kept Secret To A Profitable Online Shop: https://dropshipunlocked.com/online-event?el=podcast-95-do-not-dropship-these-products

🗣In this episode, hosts Lewis Smith and James Eardley discuss the products you should absolutely avoid when dropshipping if you want to save time, money, and avoid headaches. 

From low-ticket items to obsolete technologies and prohibited products, Lewis and James break down the risks and offer guidance on how to make smart, data-driven product choices.

👉 Prefer to watch this on Youtube? Check it out here  ➡️ https://youtu.be/MURtdod8uW4

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Topics Discussed:

★ Avoiding Low-Ticket Items: Low profit margins requiring high sales volumes. High competition leading to price wars. Increased ad spend needed to drive volume.

★ Steering Clear of Obsolete Products: Lack of demand for outdated technology like CD players. Risks of holding unsellable inventory. Wasted marketing efforts on products no one wants.

★ Dangers of Selling Prohibited Items: Legal risks and potential fines. Account bans on platforms like Shopify. Damage to brand reputation and loss of customer trust.

★ Challenges of Sourcing from Overseas: Long shipping times leading to customer dissatisfaction. Inconsistent product quality and high return rates. Customs delays and additional costs impacting profitability.

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Links and Resources Mentioned:

Pick up a copy of Lewis’ book: https://htabook.com 

Get Shopify for £1 a month for 3 months: https://www.dropshipunlocked.com/shopify 

Get a free trial with a professional phone line: https://www.dropshipunlocked.com/circle 

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Key Takeaways:

★ Avoid Low-Ticket Items: Focus on higher-ticket products that offer better profit margins and reduce the need for high-volume sales.

★ Stay Updated on Market Demand: Avoid obsolete products with low demand, as they tie up resources and result in poor ROI.

★ Comply with Legal Regulations: Selling prohibited items can lead to severe legal and reputational consequences.

★ Prioritise Local Suppliers: To ensure quality control and faster shipping, source products locally rather than relying on overseas suppliers.

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FOLLOW:

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

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★★★Dropship Unlocked - Lewis Smith★★★

🌏Watch Our Free Training ➽ https://www.dropshipunlocked.com/training?el=podcast-95-do-not-dropship-these-products

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Do Not Dropship These Products (Episode 95)

Do Not Dropship These Products (Episode 95)

Lewis Smith & James Eardley