I Tried Dropshipping for 2 Months - Here's the TRUTH
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- เผยแพร่เมื่อ 29 มิ.ย. 2024
- Today I Expose The Truth About my Shopify Dropshipping Business & Why I Quit... - Enjoy!
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I hope you enjoyed this video, if you did make sure to leave a comment as I read ALL of them!
Watch the previous video here! th-cam.com/video/Ztv51OgGX9c/w-d-xo.html
Mark,
So I’m worried about the USA stock market as I live in iowa and would like to invest in the s&p 500 but Should I wait for a recession to invest it?
Mark, do you have any tips to stay motivated and in the game?
Hi mark, will you be my mentor !!
I didn't recieve the free $10 that's unfair lmao
@@bread_overdose hi you have to make a deposit then you get it. Thanks buddy MT 😎
Mark dropping some knowledge on us once again - thanks mate.
Nice pun😄😂
Hi, It's all about the drop my friend, thanks for all your support MT
I tried drop shipping a while ago and one thing I noticed is how important it is to have a unique product. Great video!
Hi Jonathan, Thats the biggest problem and everyone is looking for that next golden egg. Thanks for the great comment MT
are u still doing it mate ?
Most of these problems can be solved with quality suppliers. To everyone wanting to start dropshipping be sure to find a good supplier. I don't think Ali expression dropshipping is the way to go at this time.
Hi Filip, I think you are correct. It was a fun experiment though. Thanks for watching MT
Which do you recommend Filip?
Which brings me back to my drug dealing days... Finding a quality supplier is half the struggle.
@@Ex0dus111💀
Nice work mark you've been so transparent about this dropshipping thing and it shows your level of commitment
I've been dropshipping for a few months now. What I've noticed is that a lot of people talk down about it. I think that is totally unreasonable. It's an excellent business model for beginners and can potentially bring in tons of money. I myself have already made a decent amount. The problem is most people don't take it seriously, and or are too lazy to learn the skills to excel. Overall dropshipping is merely a bridge to go onward to better things as such branded ecommerce or something else.
what do you reccommend to a dropshipping beginner
how many profit did you make in a month?
What businesses have you built and how much net profit did you make.
facts bro, everybody wants getrichquick and cries they didnt succeed in two months. nobody wanna work hard and improve and refine
I respect your honest work and effort MT! I have took some knowledge in if I do I say so myself 😁 Your videos are great and you are one of the many few who I can actually listen to without going bonkers!! Keep it up MT📲📈
Hi, thanks I am so happy you find my videos helpful. Thanks MT 😎
Hi Mark!
I've been catching up on your videos for a while now, trying to work my way up to trying out a way to earn a passive income on the side whilst studying and figuring out what i want to do in life.
Wanted to take the time to say i really appreciate your knowledge and your willingness to teach others! I'm still not ready to try anything out for myself yet, little anxious around using money in this sense, since in my upbringing it was a luxury to have it, but im working my way up to it with your content! Have a wonderful day! And many thanks again!
Hi Sean, it’s hard to change the way you are told to think, it’s a mindset shift. Take your time and then take gradual small steps to build your trust. There will be ups and downs but just think 🤔 long term. Thanks for watching MT 😎
Great video Mark really like your videos. I am considering going into drop shipping. I think with all businesses and any venture in life it’s what you do with it yourself. Too many people think that these things are just buttons to turn on and then the magic happens. Clearly all the steps require careful choices and effort.
How'd you get on?
Solid just solid. When you think about it, this guy is giving you all the cues you need to get better and better in your investments etc... Way to go Mark we need more people like you!
Hi, thanks, just doing my bit. MT 😎
Great Video!, It would be really good to see more videos testing different side hustles and then reporting back which one you think is best with the pros and cons of each one
Great suggestion! Thanks, MT
I can tell that he really enjoys making videos,thank you for the great advice
Drop shipping
- Quality control
-Slow shipping times
-stock shortages
Man, honestly this video was more convincing than any of those ads on youtube as far as starting a drop shipping business goes
Just watched the first post, and continued into this one.
So much information, thank you good sir
yes you are completely right: the issue of the delivery time can be fixed with a good supplier. which you will need to communicate about the delivery can be done within a week if you find the good supplier and communicate them or just giving a few bucks extra so they will do it really fast.
Finally I've been asking so many times for this thx MT😎😎
Hi Bruno. You're welcome, my friend. These videos do take a long time to come up with and produce, along with my other business. Thanks for your support and I hope you liked it. MT
I am your fans from Malaysia and I love your video ！Thanks for sharing such a useful knowledge to us.🥰 Love it
Awesome follow up and nice to hear someone addressing some of the issues with dropshipping and also the solutions that are available. I'm sure someone's reaction video surely helped with making this one 😂😂, only joking! Great content as always.
Hi , the reaction video was good and as you know I keep my channel honest. Glad you enjoyed it. MT 😎
I've really been looking forward to this video and now it came!
Hi Vigo, So many people asked for it, so it had to be done, slightly different outcome to what I had expected that's for sure. Thanks for your support MT
Every time my hubby and I watch the "Flight of the Phoenix" we think of you....LOL... thanks for the videos. You take us from the wreckage of fiances to the flight from the Desert of Destitution.
Thanks for saying this Mark, dropshipping is a lot of work it baffles me how people call it passive income
It can become a little more passive later on. At least for me it has when I started incorporating automation for certain tasks and hiring virtual assistants.
Thanks Mark, such a useful knowledge!
Glad it was helpful! MT
Hey mark! Love the videos, from Ireland 🇮🇪
Hi, Thanks for the support from Ireland. MT
Great guy and great content 🔥
Love your vids man❤️
Hi Foggy, thanks lots more to come. MT
Hi Mark! My mother makes really cool christmas decorations. She usually sells them around the town we live in, but the town is small. I believe her designs are so good, she could sell them a lot more if she sold them to the whole world! I want to make an online store for her so she gets a bigger market. The problem is, we live in a country that is in Europe, but not in the EU, so most shipping costs would be kind of high. Do you think there is some sort of solution to that?
Impressive value and dinstinct against other channels videos.
Also very appealing for teens, because sometimes you make funny statements.
A very good channel, indeed.
Thanks Mark for showing us your experiences with drop shipping. Maybe you should have personally tested the product and then use that manufacturer.
Hi, I did buy two items first for my wife and son. They were great but the quality did slip. Thanks for watching MT 😎
Dropshipping has changed my life as it taught me marketing and sales funnel. If you master the art of marketing, you will make money so easily in almost any industry as long as you have a potential product/ service. PS: I am not drop-shipping now but my business is using what Drop Shipping has taught me. I wish I started dropshipping a lot earlier.
I haven't started but this is inspiring me
Appreciate this! Great advice as I am on the edge of starting a dropshopping company...
Hi Owen, Glad it was helpful! Thanks for watching MT
Thank you for your informative video.
What are the fixed operational cost per month of doing dropshipping? Regardsless or profit or loss?
Solid video
Is the (from a millionaire) at the end like tech lead, lol. Great video though!
Hi Man, Good spot my friend. MT
Hello Mr.Tilbury, first off huge fan a lot of love and respect. Not to sound demanding but can you make a video explaining NFTs?
Hi Emilio, I am working on it so hopefully soon. Thanks for watching MT 😎
Hey Mark! Greatly appreciate the follow up on drop shipping, its one of many side hustles currently on journey to find at least 50 different ways to make money online and your advise about building up a brand and getting your own product is a great evolutionary step beyond it.
One question I'm curious about, as someone with a background in sales whos trying to branch into entrepreneurship, do you have any recommendations on how someone could go about finding a mentor or business consultant that could help guide the journey? I'm learning everything I can from books and youtube, but would really love to find that additional connection. Thanks for your time!
Hi mark, with drop shipping, do you think it's best to build websites for one item only or a small number of items on each site?
Hi Jimbo, That's a great question ! I personally think it's best to start with one item and gradually increase what you sell, so building a website that can take more than one item is the best way long term. When you find one item that sells well you then need to add others that are related, so for example fishing rods, then fishing tackle and then a fishing seat etc. There's no point mixing things up on your site, or you will lose the message. I really hope this helps you. MT
Hey I think it’s smart to make websites on focused things like one for clothing or one for phone cases of every type of phone!
Hi Mark, I wonder if a subscription to the Motley Fool is a good investment. I'm curious about your opinion
Dropshipping is also a good way to learn web design skills and digital marketing if anyone ever wanted to start a service based business.
Hi Jahbari, 100% Correct, very little financial exposure and learning fantastic skills for the rest of your life. Thanks for the great comment MT
mark u are very inspiring
Hi, That's really great, as I really love to inspire the next generation. Thanks for the support MT
Mark one question 🙋 can u do one website and sell different products ?? Or it’s not good that way I don’t know 🤷🏾♂️
Hi Mark, I have watched many of your videos over the last year. I have been waiting for you to mention Australia, especially when it comes to some free stocks. Tired of seeing USA/UK only. Come on Aussies are here too! Any plans for the future? Thanks
Hi Donavan, very sorry but I can only recommend companies I use or my friends use, I will look into it as my sister is now in Australia but I don’t want to recommend something that’s not great. Thanks for watching MT 😎
@@marktilbury I appreciate that. Thank you =)
your plan should be to escape from Australia
Hey Mark I'm 16 years old going to school in Canada, I'm from Bradford in the UK and was wondering, I have a talent of being able to play violin, trumpet and guitar, and have done some weddings, and played in some big bands, I wanted to take this a step further and make a bit more then four hundred dollars for a wedding, or about two hundred busking, do you have any suggestions? Also I love your content and only just found your account I am truly great full to have found you.
Small world lol, I'm from Bradford too xD
Hey, I've started to earn quite a lot of money in young age (16), what do you think should I invest it in index funds or dividens or something like that or put it in some project like company or something. (not treating like a financial advice tho :) )
Split it between crypto and index funds.
Only go into business if you actually have a niche market you are familiar with/passionate about. Business is hard work. You shouldn't just do it "just because". You need a serious plan to be better than everyone else in the game.
Hey Mark! I’ve been watching your videos lately about investing. I just turned 17 and sold my first ever line of code for 300$! I plan to use this money for AMAZON FBA for experience. May I have your thoughts on this? :)
Can you make a video on wholesaling?
I have an idea: what if you created a bot that automatically fills information about the customer instead of you. It would save time and when are done with it you can start selling it. What do you think??
Mark please reply to this.
The only problem I am currently facing is that how to transition from dropshipping to branding. Most of the people advice me to go for a US warehouse
But the problem is that I am only 17 yrs old and I am from a 3rd world country.
So can you tell me briefly about an effective way to bulk order for a one like me at a low budget.
Help me with this problem Mark😥🙏
Thanks for the info on drop shipping....So, are you going to try Crypto Mining?
When i heard about dropshipping i instantly knew that long shipping times for an impulse purchase product will be bad. I buy stock, and because i buy stock, i have high purchase volumes. Because i have high purchase volumes, supplier is willing to customize my products. Because my products are customized and branded and not just a general "thing" i can get away with charging extra on them. And because i buy stock, shipping to customer is 7 days max. It's a win for everyone. Though there is a risk with ordering stock without testing if the product will sell, but how well will the product sell if the shipping is 30+ days lol?
Where do you keep your stock? Just at home or a warehouse?
Products will sell even with long shipping times, it is the refunds you will have to be wary about. Sure ordering stock is better for business in the long run, but the main issue is exactly what you said. Buying stock makes it a high risk. There is a much greater chance that the product does not sell, just like in dropshipping, and then you have useless stock and waste of investment on your hands.
Best way is to start with dropshipping, with reasonable shipping times, and once there is a good income stream, scale the business further, with that income, by ordering customized stock where you get better profits, shipping times and better built brand. Gymshark and Lordtimepieces are good examples of this.
Insted of doing blind sale you can buy a product and test yourself for quality and the other things to be in a market and satisfy our customers.. I suggest people who really don't know anything about customer satisfaction then it's better don't do this coz you will be in loss and not only that but others who do well they also be in trouble because of some dsr-s..
Hi Mark, loving the channel!
I have a question for you that I’d like you to answer if possible:
I am 25, have a good job earning £43k a year, I also have 2 side hustles, fixing, buying, and selling radio controlled cars, and I also am a musician playing with lots of different bands on the weekends (all paid)
I bought my house this year with my girlfriend using the governments 5% help to buy scheme, and then a couple of months ago I purchased my dream car (a 2008 BMW M3 manual, with low miles) for 18k, when I know the market value to be at least 20k, I used partially cash but mostly a personal loan at 4%.
My question is did I make the right decision? Previous to this I had had new cars, which were dropping like a stone in value, but fingers crossed the M3 should keep its value. I am putting around 15-20% of my take home salary into a stocks and shares ISA set to maximum risk, but I realise without the car I could be putting more in, I have recently started watching your videos hence the thoughts…
Keep up the good work!
You’re all scammers can’t even spell Tilbury
Please, more videos on business:)
to start earning massively income--get in touch-----
I did drop shipping a few years back and it felt so wrong expecting people to wait weeks for their item to arrive
Hi, I think this is the worst part of drop-shipping, delays in delivery are something people hate the most. Thanks for the comment. MT
OMG I LOVE YOU SO MUCH
hI Joseph, thank you so much. MT
Mark, why did not you say anything about the legal stuff, like if i need to register this business and how do i pay taxes from dropshipping if i am in US or in Europe
Hi mate I'm looking to start a dropshipping business but I've seen that aliexpress isn't the way to go any suppliers you recommend mate would appreciate it very much
Hi Mark!
Hi Spanghew ! MT
Nice video
Hey mark do you have any tips on how to create a website for drop shipping??
Hi, yea use Fivver they are great. Thanks MT 😎
Mark put a link to the previous video in the description and/or in a comment (just a heads up )
Thanks for the heads up, I have pinned a comment with the link now! MT
I’m not the “businessman” type of person but I just graduated Highschool last year and want to dip my toes in different kinds of work and careers and have always been fascinated with stocks and e-commerce. I’m hoping if anything i can make a few dollars and learn a lot
im doing dropshipping and made 140,000 euros in the first 8 months. When dropshipping the products are important but everything in society is needed otherwise it wouldn't be manufactured. When dropshipping you're really a marketer. Engage with people, create a community, I don't build the brand. The community does. I give them great stories on which they build their trust around. That's my two cents on dropshipping.
That's really inspiring, I haven't started yet but.. Yeah. Thank you
Do you mainly focus on the American market?
I'm a simple man. If Mark posted a video, I click it straight away!
Hi Finance Guy, Thanks for your support. MT
Is there any way to dropship western made products as opposed to Chinese ones?
You've inspired me to start a drop shipping business I found a site that sells a hard to get product in bulk I could get a 1000$ profit for one
hey mark in one of your videos you talked about investing $### dollars a month into an index fund so it can snowball but i can’t find any index funds thst don’t have a minimum investment lower than like 3000 . i’d like to invest a lump sum of money at the start then use dollar cost averaging to invest smaller amounts every month however after doing research i found that dollar cost averaging isnt as effective when invested into etfs and it seems as if etfs are my only option then for investing in something that’s not an individual stock . so my question is for you or anyone is that using dollar cost averaging is it still effective to use invest into an etf or how am i able to invest into index funds still . thank you for anyone’s time that shoots me a reply
I've been playing with the idea of starting my own Shopfiy for a while now. Thanks for the insight!
Hi Sam, Everything I do is designed to help you guys out as much as I can, so it makes me really happy that you have found the videos very useful. Thanks for watching and good luck with your new business. MT
As well asme too :) I think its time for a change of comfort
Hi Mark every you experienced is what I am currently experiencing, which is stressful so iam looking for another way to make money without me having to run to the post office, I don't have the money to buy in bulk or take the hit if the product is bad quality on arrival.
Have you ever had any upset customers who found out they could have bought the same product for cheaper from another site? I know I'd be mad if I found that out.
Hi Great Question, I have never had that in 30+ years of retail. I think 🤔 you make your decision and buy from the place you want to or like the service. It should never really be about the cheapest although many do look at it that way. Thanks for watching MT 😎
One of the biggest issues while running a dropshipping business is facebook ads bans and restrictions and stripe , paypal suspension , i don't know if these issues are present just in Morocco or all dropshippers around the world are struggling with the same issues
☎️📥
Thank you
What item do you think will become the next gold egg?
I been trying to learn more about the business but I need a little more help to do this, please how can I get the best providers to do this
Here’s why We love Mark. No further explanation needed, right? But…
For the ones that don’t know why, he always does something, and makes a 100% honest update. Telling all about problems you can face, plus and min points etc.etc. LIKE EVEN HIS VIDEO QUALITY ARE SO EYE AND EAR PLEASING❤️
Hi Don, thanks mate. MT 😎
I love passive income and Mark's videos. That's why I just uploaded a song about him on my channel!
Here before he changes the thumbnail
Mark love from India 🇮🇳
I bought something from a dropshipping site and it was some garbage from china that took 3 months to arrive. For that reason I dont like drop shipping
Can I do dropshipping when I´m just 17??
started dropshipping but failed twice. main problem was advertising as i only used social media and not fb ads. scary to put in a lot of money for ads. now I plan to start a business in my small country where i hold inventory in my room. any advice?
Dropship in your country, don't buy in bulk first. Because you don't profit if the product would not sell.
Question, im a teen and 18 years. I want to try dropshipping. But i only have €450 on my bank account. Should i give it a try, im scared im losing a lot of money and don’t make any profit.
Hi Luc, the main point of the videos is to show you do not need to invest any money if you do not want to, you can do everything yourself if you have the time and learn many skills along the way. Your money is not at risk if you go down this rout. Thanks for watching this Video, and it may be worth you looking at my first one as well on drop-shipping. MT
❤️🔥❤️🔥❤️🔥
Hi, Fire and Harts, WOW ! I'm loving it ! MT
Guys, why trade if you can invest in Flirt Invest or stake your own coins?
How does a product return works ?
Hi Mark, can you make some videos about Amazon FBA pleassssse
Hi Avend, I have done a video on FBA it was a little time ago, but it's in the video list may be worth checking it out. Thanks for watching MT
I wonder how high the chances are to make money , since there are ton of seller in the competition.
4:40 got me lol
Get in touch directly ☺️💪🏿🤩✌🏽
Meet Mark's competition to the Oodie: The "Moodie"!
Get in touch directly ☺️💪🏿🤩✌🏽
hey mark how can i find sku numbers ?
Is this worth investing my money into ads & subscriptions etc.
What is your main buissness called?
But all I hear about is that the shipping containers are stuck on the ships.
Hi, they are stuck, my last container took twice as long as normal to arrive. Thanks for watching MT 😎
I’m 16, in high school. And need to make enough to send my Girlfriend who will be my future wife to college. Am I able to start Shopify right now? I have bank accounts, PayPal, and everything I need
hi mark
Hi Robson. MT
with shopify, and similar methods, we can't do really business. in another video, however, you said yes. mah
to start earning massively income--get in touch-----
Dropshipping is dead
Branded dropshipping is not
Have you tried Unify Dropshipping? if so, I'd love to see a video on it!
Who do dropshippers advertise dropshipping that much?
nice