I live in a college town and have a pretty lucrative side hustle to share. At the end of each school year, I go to the dumpsters at the dorms and find piles of furniture that is being thrown out. Typical finds include everything from mini fridges, entertainment centers, dressers, chairs, etc. I also drive around town and find similar items on the curb from students moving out of off-campus housing. Then I take the good stuff (not broken or too damaged) to my garage, clean it up or sometimes paint it. I then resell the items on craigslist and in local shops. This isn't passive income, but a great way to make some extra cash.
Way better than her way! She didn't even show us what her cost was on the items, nor did she show us what other competitors were selling the same exact item for! I've found that's where her "side hustle" falls flat on it's face! No profit. and the competitors are most likely selling the same exact item for about what it costs her to buy it! My findings anyway...and I've researched this a ton! Plus, Shopify is very SPENDY! She showed us the cheapest option, but hardly anyone can use it it's so limited!
For her plain walls and minimalism she has quite a bit off loof and huff, as I’ve noticed over a few videos…so I’m wondering what’s the hustle in this video, too. (I’m suspicious and haven’t watched it fully, yet)
I've done this. It's kind of random how successful you'll be. A lot of furniture gets trashed. Stalking up on mini fridges and air conditioners if can hold onto it until prime selling time works. The downsides are breaking your back trying to move stuff, having space to store things, and digging through gross stuff on occasion.
Same here. There's not a free pile I drive by without stopping, I've had some incredible finds I've sold on ebay. Also, this year I started picking up good condition snow tires from free piles...I live in the NE, and have no problem selling them once the snow starts falling. Keep the faith, my frugal brothers and sisters.
As you proved, setting up a store is fairly easy these days. But that's not the challenge. The challenge is to a) get people to go to your site b) have people trust that site c) Have people buy from you and not a thousand others doing the same thing and simply competing with Amazon.
In my experience with print on demand, even with a professional site and really good designs that people love, you need tens of thousands of followers and a specific type of audience to actually turn a profit due to the razer thin margins.
I do feel this is doable, but US residents need to know there are taxes to be collected from each state (handled by the Shopify platform probably) and you may also have to pay federal income taxes on profits. You will have to keep records (again probably available on Shopify) and depending on your tax ability you may need an accountant. I some US States you will also need to register the business and report sales tax. It's definitely easy to set up but there is maintenance to the financial side that may make this an unpleasant experience for certain people. This is stuff that is true for any US business but a ton of people don't know this stuff and end up in trouble with the IRS.
Same in Canada, and I’m assuming most countries in the world. It counts as self employment income just like any other side hustle, and it’s actually really straightforward to report it!
The new 1099K rules are kicking in this year for sales over $5,000.00. Unless the new Congress changes it - the threshold for 2025 is a measly $600.00😡
The problem with Drop Shipping, is that once you find a successful niche, other Drop Shippers will pick up on it and flood the market. So it's not a long term solution.
Hey Nicole, you have some great ideas, love your videos! I am in the UK and I find that everything that you say is pretty much universal and you also have a great sense of humour! Could you please update us in a month or so on how much money you make from your side hustles like you did witn your Amazon journal? Thanks! 🤗
Yes, and that's the cheapest plan! After you grow your store you'll be up to over double that, or more per month! lol Lot's of info left out of this video. How about - does her cost on items actually make her money after comparing how much the same exact item sells for on Amazon? It's the MAIN problem with drop shipping....this is what this is called! NO, there's no profit left! Everyone would be doing this if there was!!! LOL
@@KOrnhOliO1 I've noticed that most of the companies doing the actual production and shipping in "drop shipping" siphon off virtually all the profit from the retailer.
Who handles customer support? If a customer decides they don't like the item and returns where does it go? Who handles missing in transit issues? Who handles items broken during transit and the post office says item was NOT damaged by the USPS? Who handles the refund when items purchased are out of stock? Who handles items never shipped issues? I would like to try this but too many questions that will raise by blood pressure past the point of being alive.
Not to mention she left out the most important parts! Is there any profit in it? Are the prices the drop shipper puts in your web site actually competitive or are they way more than Amazon sells them for! HINT: I researched the F out of drop shipping 15 years ago. First off, no profit left for you. Secondly, the price they set in her store are way more, and actually about the same as your drop shippers COST TO YOU, and about what Amazon sells it to anyone for! This is as old as the hills...
The company that is shipping the items Nicole is selling handles customer service. She said in the video that she does not need to do customer service.
Been thinking of doing this for awhile. Trying to decide on a niche. I have interest in a number of areas. Great video! Thanks! Yes, would love more videos like this! Merry Christmas!! 🎄🎄🎄
That's just it- since everything is handled by these faceless e-commerce services (Who couldn't care less) there really is no way to effect customer service, nor have control over quality-control or prices. This "business" model has been promoted to death for many years, and is tried by every Comic Book Guy living in their mommy's basement...and I can guarantee that the only one making any money off of them are their promoters and the services that you pay to do all of the work. Very suprosed at Nicole for promoting this crap without even scoping it out herself (She should know better from the git-go).
@@bobbylibertini Exactly! Who she's buying from is called a drop shipper. They are notorious for leaving you no profit at all! That price they list it for? That's way more that a person can find it for on Amazon...the same exact product. And, the Amazon price is about what YOUR COST IS FROM THE DROP SHIPPER! None of that was shown. If she did, it BLOWS THIS WHOLE VIDEO UP! BOOOM! This video becomes worthless! I researched the F out of drop shipping 15 years ago and it sucked then, and I'm positive nothing is any better, if anything, it's worse! This video left of short of the most important info!
@KOrnhOliO1 EXACTLY! Dog Paw Washer... Shopify: $20+ Amazon (similar product): $8.99 Ali Express (exact same product as Shopify): $5.79 Hard to justify taking my followers (and potential followers) to the cleaners. Just my opinion.
I think the difficulty is marketing and selling what people actually want to buy. Because all of those things cost 1 dollar initially but then become a monthly drain the month after. And you have to clear much more than their total cost and after taxes to make it worth it
Well I have to say, Nicole, that you are the hardest working lazy person that I know of. Buying a fully detached house in the second most expensive real estate market in Canada at 26 That’s impressive!
I believe there are about to be new laws that seriously effect drop shipping type businesses. This may have been easy once, but things are changing. I would love a follow up video to see if this really works and how much you actually made.
Sorry to be a killjoy, but unfortunately,here in the UK at any rate, this is what is turning our once lively town centres into very depressed areas, and the only shops opening are the pound shop type operations ,selling mostly Chinese rubbish products. Other than that we have millions of Turkish “ barbers” and Chinese nail bars. Many of these “businesses” are fronts for laundering ill gotten gains….mainly drug money and sex trafficking. Technology has provided us with many benefits, but on the debit side has an awful lot to answer for. Thanks for sharing Nicole , and regards from England.🇬🇧🇺🇸🇬🇧🇺🇸🇬🇧🇺🇸🇬🇧🇺🇸
As someone also in the UK, I too have seen the decline of the high street, and it's interesting to consider the reasons. Increasing rents is the obvious culprit - if you are a small independent store, in a small town, how do you go about increasing your footfall when rents go up? Along with that, stock goes up in price, and if you increase your prices to cover yourself, you risk losing customers. Going online is a 'natural' solution, as you significantly are reducing your physical overhead costs. I would be interested to know the source that states we have 'millions' of Turkish barber shops, and Chinese nail bars? Also, the evidence that they are mainly fronts for laundering as you claim? Barber shops and nail bars are highly visible businesses, that could be investigated any time. I don't see an uptick in hundreds or indeed thousands of these businesses being investigated for trafficking as you claim. 'the nail salon industry is growing rapidly in the UK, generating £277.4million in 2023' The Hoxton Mix
I have a chicken shop down the road, I pass when going to work and it can be open at 3am on weekday nights, blatant money laundering. Turkish barbers seem to be popping up everywhere while all other small businesses are going under. Strange that. Britain is becoming a dingy, unfriendly and hostile place.
@@End_Orca_Captivity I don't want to call you naive, Orca, given that I have no idea who you are ... but open your eyes and go outside :chuckles: Or if that is too much, just Google "Barbers Near Me" and then have a look at the business websites. It used to be second hand resales shops that were the storefronts for washing drug money clean but now it is the much cheaper Turkish Barber and Nail Salon racket. As to the decline of the High Streets, the meteoric rise of internet trading is the sledgehammer driven nail that killed them. When absolutely no business can survive in bricks and mortar then no High Street is what you get. Even the Continental Cafe craze can't make money when no one has any reason to go to the town centre.
You did just make passive income but it wasn't the shopify store you made. It was this video and the affiliate links on it. They will probably make you passive income quite well. Good Job :)
There are now courses and videos offering instruction and info on how to do exactly this. Instructional video course instructional video courses. Showing others how to make videos about passive income opportunities was the example subject of one of these videos. The zeitgeist is the zeitgeist.
The side hustle that I see advertised the most is reading books for Audible. I haven't followed up on it because I don't have a radio voice, but I see the ads so often that has to be more to it.
Unboxing side hustles. That's a really great content subject Nicole. I look forward to your next one. One thing. An online store won't work without marketing. Marketing then becomes the work you have to put in. This is far from passive but it is accessible and, as you showed in your unboxing, easy and low cost to start. It has risks. Not financial but that of one's time spent on marketing. Without effort their will be no income, and there's no guarantee that your efforts will produce a sale. You've really only shown half of the unboxing Nicole. A follow up on how much work, aka as time or your life, has to be invested for any ROI at all. Without the work you've lost $2. Any hustle, side or otherwise is not passive. Effort is always required. Even passive income mechanisms require management and maintenance. Maybe focus less on passivity and more on potential and accessibility. Presenting accessible options might help someone struggling to find any hustle, not necessarily a side hustle, to direct their efforts. Multiple side hustles can become a full time business. One of our friends here in the comments related their refuse salvage, restoration and resale business, which, with the effort they're prepared to risk, is paying a satisfying dividend for them. They've found their niche. Passive income mechanisms are not 100% passive if you consider the capital accumulation phase of them. Bring it on Nicole. This is great. Thanks! 🖖
Hey Nicole! Great video and great series idea! I have always wondered if there is an actual real way to make some extra cash from my drawings. I used to be a tattoo artist and have a ton of designs that could go on t-shirts, mugs, tote bags, kobo cases, phone cases, hell even shower curtains, but I never found a straight up easy way of doing it. Maybe there’s an idea you could explore? 😁✨
You made this sound really easy, and it's not. People can waist years of their life watching videos like this, that don't tell them the grind and sacrifice you have to put in. And it still might not work. Be careful people. It's far from passive. Have a nice day.
After reading comments from others, I'm not going to use Shopify or auto DS because it's very scammy and no real way of cancelling. Also it hurts Etsy sellers. I'm going to hold onto the idea of selling art supplies and stationery for down the line when I'm ready to look into more options so there's that.
Listening to this in a coffee shop in Florida. 😂 The dude next to me would like some pics of Levi's paws .😮 😂 And I have a pet business looking for collaboration. Only paws , sounds like a million dollar idea ..let's talk 😉.
Sounds so simple when you watch her video. Then when you create the accouts, it's total chaos! AutoDS populated my store with crap I did not want to sell. I deleted it all then went on auto DS to try to find items I would be interested in. I never found a way to do this. It keeps opening a blank page where I have to do all the work myself: Add images, descriptions, prices, etc.
Those cookie-cutter "e-commerce" sites are nothing but a scam to get you to pay them a monthly fee. If they had anything to se4ll that they could actually sell and ship at a cost low enough that people would actually buy it, what would they need you for?
Nicole , I am 56 years old and so wish this was available to me when I was in my 20s. I work full time and luckily own my house with absolutely zero debt. I would like to retire early, however it’s never seemed possible as I need to work for the next 11 years to make my retirement reasonably comfortable. Maybe I could give this a go as scary as it seems. What have I got to lose - a few minutes of my time? I would need to buy a new laptop, mine is about 10 years old and I only use if for some internet banking and my emails. Fast Fashion would be the thing to sell however my conscience will not allow it, so maybe baby products or gardening stuff. Thank you, all the way from Australia.
The issue I see with this approach is that it's literally too easy. There's zero upfront costs and almost everything (but promotion) is done for you. This means there is basically no barrier to entry. If this approach is profitable at first, then soon thousands of others will be setting up virtually identical e-stores offering the same products at the same price with the same service all competing for the same finite number of customers.
Everybody doing the same thing will have the same items at the same prices because it dos it all for you automatically. You're better off designing your own products and selling them on Etsy or Amazon.
of course, there are now laws, regulations, statutes, endless rules pretty much putting just about everything you can think of under the scrutiny of government watchdogs and tax hounds.
Marketing an ecommerce company/store is not and cannot ever be a lazy side hassle. You'll need to educate yourself and use different marketing channels and actions. You will also need to do customer service because things do go wrong and often, customers can be very demanding. Furthermore, you will have to verify the shipping options and restrictions of your chosen suppliers to ensure they align with your target market, as AutoDS supports dropshipping from various suppliers located worldwide. If you do decide to open an ecommerce business you'll have to hire an accountant and deal with your tax obligations unless you want to be in trouble. Also, just a reminder, you can't sell merchant with lyrics on, they are copyrighted, people got sued by record companies.
Wow, thanks so much for this information. I’m going to forward your video to my nephew and see if he would be interested in starting this. He has been searching for some ways to increase his income just in case the economy slows down, plus any money he earns could be invested to grow for future security should be be laid off or whatever. Thank you again, it’s so important for us to protect ourselves because we can’t get comfortable with the belief that the government or the company you work for has your best interest in their decisions.
But if you sell them you don't get the whole amount because these products are belonging to the one who produced them. How much percentage do you get from the selling? And whats about goods which are returned?
AI and automation have made it incredibly easy to start all kinds of "businesses" and side hustles: you can put up a professional looking website, start an online store, publish a book, start a podcast, etc. in minutes. But with millions of people having access to the same tools, you have to put in a lot of work to be successful. I'd guess well over 90% of online stores are not profitable. Companies like Shopify aren't scams, but I'd guess much of their business comes from selling the dream of easy "passive" income. It's feasible to make money with an online store, but it's far from passive. Nicole, for example, has built up a large social media following so she can leverage that with influencer deals or reviewing products on TH-cam. Building up that kind of following takes many hours though. Paid ads are faster, but you can easily lose money by spending more than you make. No easy paths unfortunately.
Keep us updated on the results of this experiment...even if it's $50 or $100 per day, Let us know what you're using to drive traffic, SEO you're using etc.
True story. I worked with a guy that figured out how to do this over a decade ago. (He was a measurement instrument programmer) He had an online store like this where the product was shipped direct from the manufacturer and he got a cut. Over a couple years he poured every nickel he earned from it into… Bitcoin. Eventually he cashed in his 84 Bitcoin at about $100 each so he could afford to go back to school and finish his apprenticeship. Oops.
Loved this! It would be nice to see if you keep it running how well it does, or doesn't do. I would love to try a youtube channel but have no idea how to go about it; as I am not like you not having a problem showing my face, which I am not keen on doing. If you listen to those that have become rich one of the key things they say to learn how to do is sell sell sell.
Book titled The Elite Society's Money Manifestation holds the key to forbidden tehniques for manifesting money, which have truly transformed my life, it's worth exploring
The choice of niches seems a bit limited. Also, the real work then will come in the marketing of the store, creating content, writing emails, getting traffic. It ain't easy. But this is pretty cool anyway, thanks for sharing.
Great content, as always! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Hi Nicole. I’m a 56 yo gal with a 30-yr teaching career and was brought up on a farm, so ‘work hard’ is deeply ingrained in my being. This feels too good to be true, even though I really trust you (as a LONG-time subscriber ❤). I’d love to see a series of side hustles to compliment the videos you have already done. I just have to get over my seemingly-silly fear (yes, fear!) that I’ll get burned somehow by trying to cheat my work-hard ethic! The psychology of this may be fodder for a video as well, as I’m likely not your only old-style nervous subscriber. Btw, how did your Amazon journal do? Any sales? (I know that it was just experiment.) An idea I’d like to explore is one I think you covered in a previous video - money for filling out surveys, and how to maximize the number of surveys per week/month. Not passive, but easy… (I live in Ontario for reference.) Massive thanks for ALL of your videos, and wishing you and Levi a Happy Holiday and a Fabulous 2025!! 🎉🐶❤️💰💰💰😄
Well, since you set up your store. What is going on? Are you making sales? Can you let us know if this works? We know it has been just a few days...Please update the progress...
Oh yeah, this was a super video. Do Canadians just keep dollars laying around to use as props or is the place infested with them? Maybe my store will be a place for you to return them.
The thing is Nicole, what you have just said is anybody can do it, and anybody can do it, but only to get to the level where you are at. You stopped short at a P/L statement from the marketing which you never investigated. That's where the rubber hits the road. If it is as simple as what you are describing to rule passive income, then one person could have a monopoly on thousands of products over hundreds of stores. Then they are screwed because now comes the competition. You didn't make any money off it yet, all you have done is simply building a website.
Exactly! You called it - No P/L! That's the most important part, right?! Drop shipping, what this is, has been around foreva! I researched it a ton 15 years ago and there was no money in it then...not if you wanted your price to be competitive! Amazon is huge, and their price they sell it for is about what the drop shipper charges her! Zero profit!
I’d say it’d be worth the exercise of creating one for fun but you would need a great product that would differentiate you from the millions of other people on the platform(s) selling the same thing. Also, why should folks buy from you and not the rest of the competition? Stuff like that. It’d be easier to just sell your used stuff on eBay - you’d make more than $100 a day net doing that.
One has to think: If these platforms/services have the merchandise; have the capability to advertise (how they got YOU); have the ability to create websites, process payments, ship items, et.c WHY wouldn't THEY just sell their items, themselves, and keep 100% of the "profit"? (Because there is no profit, except for what you pay them- YOU are the customer here). Sorry toots, but this video is going to ruin your credibility. If you have a lemonade stand, do you put up signs looking for other people to pay you to sell your lemonade, or do you just sell it to thirsty people?
Damn, you make a good point. Why have a middleman when they have access to even greater AI tools that can automate the process? With their experience, they should be able to make big profits. Makes you wonder about how many people actually make profit from E-Commerce.🤔🤔
@@timelessfinancialservices4364 I'll tell ya, I actually made money with e-commerce, 20 years ago (But it's a lot harder now), but it wasn't something that I could just sit back and rake-in money and just send somebody a check to do the work for me- I had do EVERYTHING- from sourcing the products to shipping and customer service, etc. I was working long days, often till 12 or 1 AM. I wouldn't be able to even do what I did then, today, because the market has gotten a lot more competitive, and expenses would be higher, while actual selling prices are lower. But ANY TIME someone says they're gonna make you some money by just sending them a check and sitting back while the money rolls in, it's a scam, 100% of the time.
You obviously didn't watch the entire video, or didn't pay enough attention to see that she talks about marketing. Advertising for this and advertising pet supplies are two very different things. She knows this. The companies know this. That's why she didn't purport to make bank off this, and explained clearly she's basically a sales person. And *you* lost all credibility when you called her "toots", Scooter.
@@LeftyLinda It doesn't matter. You can't pay someone to do all of the work for you and expect to make a profit. Don't believe me? Try it yourself- The only profit that will be had is made by these sites/services from what YOU pay them. If it were as easy as just sitting back and paying $x per month for other people to do the work for you, EVERYONE would be doing it and making a nice income.
Do you make any money from promoting the AI tools that people might try with your code? if so, would love to see an updated video with the total income made from this video and the shopify store as well as how much time it took to monitor.
Unfortunately, this won’t work due to googles algorithm finding no new content. Plus the URL is not from a direct site. It’s masked behind the hosting site. Google frowns upon these types of sites.
What's the typical profit margin on these products you're listing? You're not getting the full asking price. Setting up the store is easy, I give you that. I like this idea for someone who already had a following, say a blog about pets, but starting to sell from scratch with no audience would be tough.
I live in a college town and have a pretty lucrative side hustle to share. At the end of each school year, I go to the dumpsters at the dorms and find piles of furniture that is being thrown out. Typical finds include everything from mini fridges, entertainment centers, dressers, chairs, etc. I also drive around town and find similar items on the curb from students moving out of off-campus housing. Then I take the good stuff (not broken or too damaged) to my garage, clean it up or sometimes paint it. I then resell the items on craigslist and in local shops. This isn't passive income, but a great way to make some extra cash.
Way better than her way! She didn't even show us what her cost was on the items, nor did she show us what other competitors were selling the same exact item for! I've found that's where her "side hustle" falls flat on it's face! No profit. and the competitors are most likely selling the same exact item for about what it costs her to buy it! My findings anyway...and I've researched this a ton! Plus, Shopify is very SPENDY! She showed us the cheapest option, but hardly anyone can use it it's so limited!
For her plain walls and minimalism she has quite a bit off loof and huff, as I’ve noticed over a few videos…so I’m wondering what’s the hustle in this video, too. (I’m suspicious and haven’t watched it fully, yet)
I've done this. It's kind of random how successful you'll be. A lot of furniture gets trashed. Stalking up on mini fridges and air conditioners if can hold onto it until prime selling time works. The downsides are breaking your back trying to move stuff, having space to store things, and digging through gross stuff on occasion.
That's great to hear! Good work!
Same here. There's not a free pile I drive by without stopping, I've had some incredible finds I've sold on ebay. Also, this year I started picking up good condition snow tires from free piles...I live in the NE, and have no problem selling them once the snow starts falling. Keep the faith, my frugal brothers and sisters.
As you proved, setting up a store is fairly easy these days. But that's not the challenge. The challenge is to a) get people to go to your site b) have people trust that site c) Have people buy from you and not a thousand others doing the same thing and simply competing with Amazon.
And Ali Express... Her "paw washer" example literally sells for $5 on Ali Express so who's going to pay Shopify $20+?
In my experience with print on demand, even with a professional site and really good designs that people love, you need tens of thousands of followers and a specific type of audience to actually turn a profit due to the razer thin margins.
I do feel this is doable, but US residents need to know there are taxes to be collected from each state (handled by the Shopify platform probably) and you may also have to pay federal income taxes on profits. You will have to keep records (again probably available on Shopify) and depending on your tax ability you may need an accountant. I some US States you will also need to register the business and report sales tax. It's definitely easy to set up but there is maintenance to the financial side that may make this an unpleasant experience for certain people. This is stuff that is true for any US business but a ton of people don't know this stuff and end up in trouble with the IRS.
Same in Canada, and I’m assuming most countries in the world. It counts as self employment income just like any other side hustle, and it’s actually really straightforward to report it!
@@AccordingtoNicolehi Nicole I really really like you you’re my best friend ❤❤❤❤❤❤❤❤❤❤
@@AccordingtoNicoleyou’re very pretty
The new 1099K rules are kicking in this year for sales over $5,000.00. Unless the new Congress changes it - the threshold for 2025 is a measly $600.00😡
Not only do you have to report income, you also have to collect and pay sales tax.
The problem with Drop Shipping, is that once you find a successful niche, other Drop Shippers will pick up on it and flood the market. So it's not a long term solution.
Does it work any different with any other type of business?
There's this thing called scaling, and eventually make your own brand.
Hey Nicole, you have some great ideas, love your videos! I am in the UK and I find that everything that you say is pretty much universal and you also have a great sense of humour! Could you please update us in a month or so on how much money you make from your side hustles like you did witn your Amazon journal? Thanks! 🤗
To clarify, it's $1 for the first month and $39 after that.
Yes, and that's the cheapest plan! After you grow your store you'll be up to over double that, or more per month! lol Lot's of info left out of this video.
How about - does her cost on items actually make her money after comparing how much the same exact item sells for on Amazon? It's the MAIN problem with drop shipping....this is what this is called! NO, there's no profit left! Everyone would be doing this if there was!!! LOL
wehn sink the bismark oh my god fashion dummy rocker
@@KOrnhOliO1 I've noticed that most of the companies doing the actual production and shipping in "drop shipping" siphon off virtually all the profit from the retailer.
Lazy Side Hustle?? That’s the best click bait ever to get me to watch! 😂❤
And may add my tortoise looks assured
I’ve heard about this before, but it sounded complicated. You got right to the point & it’s pretty simple. Thank you so much. 💖
Who handles customer support? If a customer decides they don't like the item and returns where does it go? Who handles missing in transit issues? Who handles items broken during transit and the post office says item was NOT damaged by the USPS? Who handles the refund when items purchased are out of stock? Who handles items never shipped issues? I would like to try this but too many questions that will raise by blood pressure past the point of being alive.
not to mention the countless scams and scammers that get into the process
Yup. And the taxes that need to be collected, whether it's Canada or US! It's tons of work....
Not to mention she left out the most important parts! Is there any profit in it? Are the prices the drop shipper puts in your web site actually competitive or are they way more than Amazon sells them for! HINT: I researched the F out of drop shipping 15 years ago. First off, no profit left for you. Secondly, the price they set in her store are way more, and actually about the same as your drop shippers COST TO YOU, and about what Amazon sells it to anyone for! This is as old as the hills...
Same questions! Also what happens if there's an injury to a product, whose liable for the lawsuit?
The company that is shipping the items Nicole is selling handles customer service. She said in the video that she does not need to do customer service.
Been thinking of doing this for awhile. Trying to decide on a niche. I have interest in a number of areas. Great video! Thanks! Yes, would love more videos like this! Merry Christmas!! 🎄🎄🎄
Only paws😂
I 100% believed her about OnlyPaws. 🤣 Lord help me if Nicole ever shills a crypto scam.
@@Stoutswiller Maybe she just gave away a great idea! :)
I promise to never shill a crypto scam, but I will totally sell you photos of Levi’s toes.
😂I believed her 100% at first.
Way better than that only … you know
Just be prepared to do a lot of customer service in your free time if you decide to do this.. 😭😂
That's just it- since everything is handled by these faceless e-commerce services (Who couldn't care less) there really is no way to effect customer service, nor have control over quality-control or prices. This "business" model has been promoted to death for many years, and is tried by every Comic Book Guy living in their mommy's basement...and I can guarantee that the only one making any money off of them are their promoters and the services that you pay to do all of the work. Very suprosed at Nicole for promoting this crap without even scoping it out herself (She should know better from the git-go).
@@bobbylibertini Exactly! Who she's buying from is called a drop shipper. They are notorious for leaving you no profit at all! That price they list it for? That's way more that a person can find it for on Amazon...the same exact product. And, the Amazon price is about what YOUR COST IS FROM THE DROP SHIPPER! None of that was shown. If she did, it BLOWS THIS WHOLE VIDEO UP! BOOOM! This video becomes worthless!
I researched the F out of drop shipping 15 years ago and it sucked then, and I'm positive nothing is any better, if anything, it's worse!
This video left of short of the most important info!
@KOrnhOliO1 EXACTLY!
Dog Paw Washer...
Shopify: $20+
Amazon (similar product): $8.99
Ali Express (exact same product as Shopify): $5.79
Hard to justify taking my followers (and potential followers) to the cleaners. Just my opinion.
I think the difficulty is marketing and selling what people actually want to buy. Because all of those things cost 1 dollar initially but then become a monthly drain the month after. And you have to clear much more than their total cost and after taxes to make it worth it
And... every item listen on her mock shop was priced 4 times above what you can purchase the same product for elsewhere...
Well I have to say, Nicole, that you are the hardest working lazy person that I know of. Buying a fully detached house in the second most expensive real estate market in Canada at 26 That’s impressive!
BTW, my barber told me that she would like to own her own home one day but doesn’t think it’s possible. So I recommended your channel.
I think this gives me the confidence to finally sell pictures of Elvis on black velvet canvas. I think it's going to be a hit. 😉
Darn! I was looking for the ones of the bull dogs playing poker!
I believe there are about to be new laws that seriously effect drop shipping type businesses. This may have been easy once, but things are changing. I would love a follow up video to see if this really works and how much you actually made.
Hi Nicole..hope you're doing well..I'm enjoying your channel..just writing to say..your almost 100 000 subscribers!! An early congrats!!
Sorry to be a killjoy, but unfortunately,here in the UK at any rate, this is what is turning our once lively town centres into very depressed areas, and the only shops opening are the pound shop type operations ,selling mostly Chinese rubbish products. Other than that we have millions of Turkish “ barbers” and Chinese nail bars. Many of these “businesses” are fronts for laundering ill gotten gains….mainly drug money and sex trafficking. Technology has provided us with many benefits, but on the debit side has an awful lot to answer for. Thanks for sharing Nicole , and regards from England.🇬🇧🇺🇸🇬🇧🇺🇸🇬🇧🇺🇸🇬🇧🇺🇸
Good news is I am not laundering drug money or trafficking anyone. 😅
They all say that! 🤣🤣🤣
As someone also in the UK, I too have seen the decline of the high street, and it's interesting to consider the reasons. Increasing rents is the obvious culprit - if you are a small independent store, in a small town, how do you go about increasing your footfall when rents go up? Along with that, stock goes up in price, and if you increase your prices to cover yourself, you risk losing customers. Going online is a 'natural' solution, as you significantly are reducing your physical overhead costs.
I would be interested to know the source that states we have 'millions' of Turkish barber shops, and Chinese nail bars? Also, the evidence that they are mainly fronts for laundering as you claim? Barber shops and nail bars are highly visible businesses, that could be investigated any time. I don't see an uptick in hundreds or indeed thousands of these businesses being investigated for trafficking as you claim.
'the nail salon industry is growing rapidly in the UK, generating £277.4million in 2023' The Hoxton Mix
I have a chicken shop down the road, I pass when going to work and it can be open at 3am on weekday nights, blatant money laundering.
Turkish barbers seem to be popping up everywhere while all other small businesses are going under. Strange that.
Britain is becoming a dingy, unfriendly and hostile place.
@@End_Orca_Captivity I don't want to call you naive, Orca, given that I have no idea who you are ... but open your eyes and go outside :chuckles:
Or if that is too much, just Google "Barbers Near Me" and then have a look at the business websites.
It used to be second hand resales shops that were the storefronts for washing drug money clean but now it is the much cheaper Turkish Barber and Nail Salon racket.
As to the decline of the High Streets, the meteoric rise of internet trading is the sledgehammer driven nail that killed them. When absolutely no business can survive in bricks and mortar then no High Street is what you get. Even the Continental Cafe craze can't make money when no one has any reason to go to the town centre.
Love this idea and I'll definitely watch future episodic adventures in this series.
You did just make passive income but it wasn't the shopify store you made. It was this video and the affiliate links on it. They will probably make you passive income quite well. Good Job :)
There are now courses and videos offering instruction and info on how to do exactly this. Instructional video course instructional video courses. Showing others how to make videos about passive income opportunities was the example subject of one of these videos. The zeitgeist is the zeitgeist.
You just got yourselve a new subscriber. Love your video format, straight forward and to the point.
Glad I found you. Your straight forward no BS content always resonates.
Just not all the info that is needed was discussed! There's no profit in those items for sale on her website...not at a competitive price anyway!
@ well she’s offering ideas and options, not a promise for profit.
THIS is BS. (Either Nicole went crazy, or someone's paying her a lot of money to promote this crap. Surprised either way that she'd fall for it.
The side hustle that I see advertised the most is reading books for Audible. I haven't followed up on it because I don't have a radio voice, but I see the ads so often that has to be more to it.
I agree, this sounds interesting.
AI is going to replace that. I've already bought books from Audible with AI "talent".
@@JoeHamelin And they all suck. When I search Audible, I specifically sort to subtract any "auto voice" selections.
First it was Amazon drop shipping stores then it was Audible. Now it’s how to make money making courses showing others how to make money.
Unboxing side hustles. That's a really great content subject Nicole. I look forward to your next one.
One thing. An online store won't work without marketing. Marketing then becomes the work you have to put in. This is far from passive but it is accessible and, as you showed in your unboxing, easy and low cost to start.
It has risks. Not financial but that of one's time spent on marketing. Without effort their will be no income, and there's no guarantee that your efforts will produce a sale.
You've really only shown half of the unboxing Nicole. A follow up on how much work, aka as time or your life, has to be invested for any ROI at all. Without the work you've lost $2.
Any hustle, side or otherwise is not passive. Effort is always required.
Even passive income mechanisms require management and maintenance.
Maybe focus less on passivity and more on potential and accessibility. Presenting accessible options might help someone struggling to find any hustle, not necessarily a side hustle, to direct their efforts. Multiple side hustles can become a full time business.
One of our friends here in the comments related their refuse salvage, restoration and resale business, which, with the effort they're prepared to risk, is paying a satisfying dividend for them. They've found their niche.
Passive income mechanisms are not 100% passive if you consider the capital accumulation phase of them.
Bring it on Nicole. This is great. Thanks!
🖖
wow, a dropshipping video nobody wanted and needed...
Hey Nicole! Great video and great series idea! I have always wondered if there is an actual real way to make some extra cash from my drawings. I used to be a tattoo artist and have a ton of designs that could go on t-shirts, mugs, tote bags, kobo cases, phone cases, hell even shower curtains, but I never found a straight up easy way of doing it. Maybe there’s an idea you could explore? 😁✨
You made this sound really easy, and it's not. People can waist years of their life watching videos like this, that don't tell them the grind and sacrifice you have to put in. And it still might not work. Be careful people. It's far from passive. Have a nice day.
Shame you didn't "waste" more of your life learning English.
Thank you for demonstrating this I think I'm going to give this a try after Christmas. I'm thinking of selling art supplies and stationery.
After reading comments from others, I'm not going to use Shopify or auto DS because it's very scammy and no real way of cancelling. Also it hurts Etsy sellers.
I'm going to hold onto the idea of selling art supplies and stationery for down the line when I'm ready to look into more options so there's that.
Listening to this in a coffee shop in Florida. 😂 The dude next to me would like some pics of Levi's paws .😮 😂 And I have a pet business looking for collaboration. Only paws , sounds like a million dollar idea ..let's talk 😉.
Only paws! Yes, great original! 🤣
🐾
All I saw is WOW! and Thank you! You are like a friend that is sharing what she found out.
Sounds so simple when you watch her video. Then when you create the accouts, it's total chaos! AutoDS populated my store with crap I did not want to sell. I deleted it all then went on auto DS to try to find items I would be interested in. I never found a way to do this. It keeps opening a blank page where I have to do all the work myself: Add images, descriptions, prices, etc.
Those cookie-cutter "e-commerce" sites are nothing but a scam to get you to pay them a monthly fee. If they had anything to se4ll that they could actually sell and ship at a cost low enough that people would actually buy it, what would they need you for?
😂ha, ha ha your video cover image is hilarious 🎉!! Mulah and smile! Animal feet pictures 😂
Thank you🙏
Happy holidays Mrs ❤ please more of this kind of video's
Agreed shopify affiliate commissions with a youtube channel is a lazy side hustle.
Nicole , I am 56 years old and so wish this was available to me when I was in my 20s. I work full time and luckily own my house with absolutely zero debt. I would like to retire early, however it’s never seemed possible as I need to work for the next 11 years to make my retirement reasonably comfortable. Maybe I could give this a go as scary as it seems. What have I got to lose - a few minutes of my time? I would need to buy a new laptop, mine is about 10 years old and I only use if for some internet banking and my emails. Fast Fashion would be the thing to sell however my conscience will not allow it, so maybe baby products or gardening stuff. Thank you, all the way from Australia.
Thanks Nicole!! 🙏
“Get busy living or get busy dying”
The issue I see with this approach is that it's literally too easy. There's zero upfront costs and almost everything (but promotion) is done for you. This means there is basically no barrier to entry. If this approach is profitable at first, then soon thousands of others will be setting up virtually identical e-stores offering the same products at the same price with the same service all competing for the same finite number of customers.
And all while trying to compete with Amazon and Temu.
Everybody doing the same thing will have the same items at the same prices because it dos it all for you automatically. You're better off designing your own products and selling them on Etsy or Amazon.
Nicole where is the link to this Shopify store you created? Did I miss it somewhere?
So share how did you promoted your shop? Did you made any money? Building a random shop is the easy part.
Maybe I’ll make a follow up in a month or two 🤔
@@AccordingtoNicole Yes please.
So clearly you haven't made anything.@@AccordingtoNicole
If you print song lyrics on tee shirts and selling them, won't you be violating copyright laws?
of course, there are now laws, regulations, statutes, endless rules pretty much putting just about everything you can think of under the scrutiny of government watchdogs and tax hounds.
Yes that is a violation.
Well, that example she had up was satirical. It was an homage but also poking fun at his pronunciation of the lyrics.
@@DiscoFangthat gave me a good laugh when she showed that
Marketing an ecommerce company/store is not and cannot ever be a lazy side hassle. You'll need to educate yourself and use different marketing channels and actions. You will also need to do customer service because things do go wrong and often, customers can be very demanding. Furthermore, you will have to verify the shipping options and restrictions of your chosen suppliers to ensure they align with your target market, as AutoDS supports dropshipping from various suppliers located worldwide. If you do decide to open an ecommerce business you'll have to hire an accountant and deal with your tax obligations unless you want to be in trouble. Also, just a reminder, you can't sell merchant with lyrics on, they are copyrighted, people got sued by record companies.
Good idea Nicole!! One problem, Your competimg against 5,000 other people who have the same idea and wanna sell the same thing!!!
Wow, thanks so much for this information. I’m going to forward your video to my nephew and see if he would be interested in starting this. He has been searching for some ways to increase his income just in case the economy slows down, plus any money he earns could be invested to grow for future security should be be laid off or whatever. Thank you again, it’s so important for us to protect ourselves because we can’t get comfortable with the belief that the government or the company you work for has your best interest in their decisions.
"The paws that refreshes." - Old Coke joke from The Firesign Theater.
But if you sell them you don't get the whole amount because these products are belonging to the one who produced them. How much percentage do you get from the selling? And whats about goods which are returned?
AI and automation have made it incredibly easy to start all kinds of "businesses" and side hustles: you can put up a professional looking website, start an online store, publish a book, start a podcast, etc. in minutes. But with millions of people having access to the same tools, you have to put in a lot of work to be successful. I'd guess well over 90% of online stores are not profitable. Companies like Shopify aren't scams, but I'd guess much of their business comes from selling the dream of easy "passive" income. It's feasible to make money with an online store, but it's far from passive. Nicole, for example, has built up a large social media following so she can leverage that with influencer deals or reviewing products on TH-cam. Building up that kind of following takes many hours though. Paid ads are faster, but you can easily lose money by spending more than you make. No easy paths unfortunately.
Happy Holidays❄️🎄☃️
Thanks! You too!
Keep us updated on the results of this experiment...even if it's $50 or $100 per day, Let us know what you're using to drive traffic, SEO you're using etc.
True story.
I worked with a guy that figured out how to do this over a decade ago. (He was a measurement instrument programmer)
He had an online store like this where the product was shipped direct from the manufacturer and he got a cut. Over a couple years he poured every nickel he earned from it into… Bitcoin.
Eventually he cashed in his 84 Bitcoin at about $100 each so he could afford to go back to school and finish his apprenticeship.
Oops.
My toroise os pleased
Do a video about buying and selling gold and silver coins and also gold stock trading.
Ecommerce is one of the most competitive industries nowadays. How compete in it can be a "passive income"?
Loved this! It would be nice to see if you keep it running how well it does, or doesn't do. I would love to try a youtube channel but have no idea how to go about it; as I am not like you not having a problem showing my face, which I am not keen on doing. If you listen to those that have become rich one of the key things they say to learn how to do is sell sell sell.
When opening an online store, do you need a register the business first?
No
I recommend everyone to find the forbidden book titled The Comic Guide to Financial Bombs, It changed my life.
i would love to see you tackle Amazon low content or no content books.
Book titled The Elite Society's Money Manifestation holds the key to forbidden tehniques for manifesting money, which have truly transformed my life, it's worth exploring
A follow up to this would be appreciated. Too many un-answered questions.
stay tuned! 👀
Useful.
Drop shipping
Very interesting awesome
Have a wonderful Christmas 🎅
And a Happy new year
Take care keep safe
Ron uk 🇬🇧 🎅🎅🤶🤶😁😁👍
Product overconsumption everywhere 😅😅
+1,000,000,000!
thanks on this video as I am in the process of starting Dropshipping , shopify myself, its a journey for sure. thanks on sharing
The hair is looking extra dapper today.
Hope your "Boxing Day" was cool! 😎
The choice of niches seems a bit limited. Also, the real work then will come in the marketing of the store, creating content, writing emails, getting traffic. It ain't easy. But this is pretty cool anyway, thanks for sharing.
You still need a product. A product that people are willing to buy.
Great content, as always! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Hi Nicole. I’m a 56 yo gal with a 30-yr teaching career and was brought up on a farm, so ‘work hard’ is deeply ingrained in my being. This feels too good to be true, even though I really trust you (as a LONG-time subscriber ❤). I’d love to see a series of side hustles to compliment the videos you have already done. I just have to get over my seemingly-silly fear (yes, fear!) that I’ll get burned somehow by trying to cheat my work-hard ethic! The psychology of this may be fodder for a video as well, as I’m likely not your only old-style nervous subscriber. Btw, how did your Amazon journal do? Any sales? (I know that it was just experiment.) An idea I’d like to explore is one I think you covered in a previous video - money for filling out surveys, and how to maximize the number of surveys per week/month. Not passive, but easy… (I live in Ontario for reference.) Massive thanks for ALL of your videos, and wishing you and Levi a Happy Holiday and a Fabulous 2025!! 🎉🐶❤️💰💰💰😄
It is too good to be true! No profit in it buying from a drop shipper! Not if you want to sell for a competitive price anyway!
one thmng you did not touch upon- how are prices assigned??? what kind of fees, besides the monthly for the site- are actually incurred?
There are no other fees. Suggested prices are pre-set but you can change them to whatever you want.
Would need a lot more details/info on the paid marketing as that would make or break the venture
I think customers would see this as a scam. What I want is to not have to do anything and get paid hundreds of dollars a week for nothing.
Drop shipping is not new lol
I promise you have bought stuff that was drop shipped to you and didn't even know it.
i am too old for this sort of thing
Easier said than done this e-commerce business is not for everybody.
Well, since you set up your store. What is going on? Are you making sales? Can you let us know if this works? We know it has been just a few days...Please update the progress...
I swear I thought only paws was real for a second lol.
What a great video!
I’d be interested in trying this but the American tax laws that would apply and I would have to figure out would rocket my anxiety up to 11.
It’s very easy. It just counts as self employment income.
Oh yeah, this was a super video. Do Canadians just keep dollars laying around to use as props or is the place infested with them? Maybe my store will be a place for you to return them.
dog umbrellas? that's genius, this could be big..
I tried doing this and could NOT get this set up like you showed. Frustrated
5:02 Did you pick your store name?
Do you need a credit card to use these apps? Because I don't have one. I live in California USA.
you can use PayPal if you prefer.
The thing is Nicole, what you have just said is anybody can do it, and anybody can do it, but only to get to the level where you are at. You stopped short at a P/L statement from the marketing which you never investigated. That's where the rubber hits the road. If it is as simple as what you are describing to rule passive income, then one person could have a monopoly on thousands of products over hundreds of stores. Then they are screwed because now comes the competition. You didn't make any money off it yet, all you have done is simply building a website.
Exactly! You called it - No P/L! That's the most important part, right?! Drop shipping, what this is, has been around foreva! I researched it a ton 15 years ago and there was no money in it then...not if you wanted your price to be competitive! Amazon is huge, and their price they sell it for is about what the drop shipper charges her! Zero profit!
I’d say it’d be worth the exercise of creating one for fun but you would need a great product that would differentiate you from the millions of other people on the platform(s) selling the same thing. Also, why should folks buy from you and not the rest of the competition? Stuff like that. It’d be easier to just sell your used stuff on eBay - you’d make more than $100 a day net doing that.
"Only Paws" 😀😄😅😂
That idea definitely does not appeal to me.
Wow sounds good
It would be great to receive updates on these passive incomes and how they're doing. 😊
One has to think: If these platforms/services have the merchandise; have the capability to advertise (how they got YOU); have the ability to create websites, process payments, ship items, et.c WHY wouldn't THEY just sell their items, themselves, and keep 100% of the "profit"? (Because there is no profit, except for what you pay them- YOU are the customer here). Sorry toots, but this video is going to ruin your credibility. If you have a lemonade stand, do you put up signs looking for other people to pay you to sell your lemonade, or do you just sell it to thirsty people?
Damn, you make a good point. Why have a middleman when they have access to even greater AI tools that can automate the process? With their experience, they should be able to make big profits. Makes you wonder about how many people actually make profit from E-Commerce.🤔🤔
@@timelessfinancialservices4364 I'll tell ya, I actually made money with e-commerce, 20 years ago (But it's a lot harder now), but it wasn't something that I could just sit back and rake-in money and just send somebody a check to do the work for me- I had do EVERYTHING- from sourcing the products to shipping and customer service, etc. I was working long days, often till 12 or 1 AM. I wouldn't be able to even do what I did then, today, because the market has gotten a lot more competitive, and expenses would be higher, while actual selling prices are lower.
But ANY TIME someone says they're gonna make you some money by just sending them a check and sitting back while the money rolls in, it's a scam, 100% of the time.
You obviously didn't watch the entire video, or didn't pay enough attention to see that she talks about marketing. Advertising for this and advertising pet supplies are two very different things. She knows this. The companies know this. That's why she didn't purport to make bank off this, and explained clearly she's basically a sales person.
And *you* lost all credibility when you called her "toots", Scooter.
@@LeftyLinda It doesn't matter. You can't pay someone to do all of the work for you and expect to make a profit. Don't believe me? Try it yourself- The only profit that will be had is made by these sites/services from what YOU pay them. If it were as easy as just sitting back and paying $x per month for other people to do the work for you, EVERYONE would be doing it and making a nice income.
Do you make any money from promoting the AI tools that people might try with your code? if so, would love to see an updated video with the total income made from this video and the shopify store as well as how much time it took to monitor.
It’s a sponsored video, so she did get paid for promoting the service.
Unfortunately, this won’t work due to googles algorithm finding no new content. Plus the URL is not from a direct site. It’s masked behind the hosting site. Google frowns upon these types of sites.
There are other traffic methods than SEO, but I don't think any will be easy or cheap. Definitely not a passive income anyway.
Does this work outside of Canada or US i live in Sweden would this work here,Thanks Nicole have a good Christmas greetings from Stockholm Sweden
Yes it does!
It wou,d be great if you let us know how well your store is doing in a month or so?
So, how much did you make?
What's the typical profit margin on these products you're listing? You're not getting the full asking price. Setting up the store is easy, I give you that. I like this idea for someone who already had a following, say a blog about pets, but starting to sell from scratch with no audience would be tough.