Dropshipping courses are worth it if you need guidance in establishing and managing your dropshipping business. An up-to-date course taught by a credible coach can prove beneficial as you start your dropshipping journey.
Courses such as Project Verum Ecom by John Yoon can provide practical advice for anyone wanting to learn dropshipping. According to their website, their program is a complete blueprint that takes inspiration from over "$10M+ of Facebook Ad spend, 3 years of experience in eCommerce, and methods tested across 50+ stores."
As a business model, dropshipping can be extremely competitive. New players easily multiply because of the low barrier to entry. In this feature, we'll show you why dropshipping courses are worth it and how to choose the right program for you. We also tell you about free and paid options for dropshipping courses. Finally, we share about an alternative business model you should consider if you're aiming to make passive income online.
Are Dropshipping Course Worth It? What Makes A Winning Dropshipping Course
A dropshipping course can be worth it if it provides you with valuable advice as you prepare, launch, and manage your own dropshipping store. Drop shipping has a low barrier to entry but if you don't understand the fundamentals, you also have low chances of making money from the business model. No wonder, experts claim only around 10% to 20% of dropshipping businesses succeed in their first year of operations.
Some of the most important topics that should be covered by a dropshipping course include:
Dropshipping niche selection and how to choose a winning product Finding the best dropshipping suppliers Setting up your online dropshipping store Best platforms and strategies for paid social media advertising Maximizing profit margins for your dropshipping business
Software recommendations for monitoring competition, tracking trends, and automating operations
Of course, a good dropshipping training program should be taught by an authority on the subject. The person should have extensive industry knowledge and firsthand experience in running a successful dropshipping business. As you sign up with the right course, you get access to information and support that can help you establish your ecommerce business, start making money, and scale faster.
5 Factors To Consider When Choosing A Dropshipping Course
Choosing the best dropshipping course requires doing a comprehensive research. You want to find a course with current, up-to-date content available in a format that matches your learning style. The program should also provide you with expert advice on the business model and connections with an online community. Moreover, the course should offer opportunities for coaching and mentoring.
1. Current & Up-To-Date Content
The dropshipping business model has evolved throughout the years. Case in point, the old ways of testing hundreds of products isn't going to cut it in 2024. Today, it's all about becoming the best marketer. So you want an online course that gives you updated information on the latest and most effective marketing strategies. As such, you want to learn how to create compelling hooks and catchy product descriptions. The course should also discuss best practices that help you attract continuous traffic and sales for your business.
As a new dropshipper, you want access to basic and advanced information as you build a profitable ecommerce business - from choosing which themes to use for your Shopify store and finding trending products, to creating effective paid ads and knowing which dropshipping niches to avoid. The course should likewise share real-life examples and case studies from actual drop shipping stores
2. Format And Structure That Matches Your Learning Style
The course content format and structure should be conducive to your learning style. Different learners have different learning preferences, so you want to look for a dropshipping program that effectively helps you process and retain information.
Do you prefer reading text or watching videos? Do you benefit most from learning by yourself or with a small group? These are some factors to consider as you look around for the right dropshipping course for you. In any case, the curriculum has to be interesting, engaging, and easy for you to understand.
3. Expert Advice
Numerous online gurus will pose as experts to entice learners to buy their course. However, you'd want to pick a program created and taught by someone credible. The person should have a positive reputation in the industry and a solid track record in dropshipping. That way, you can make sure the course instructor can provide you with valuable information to guide you in your dropshipping journey.
4. Connections With An Online Community
Some dropshipping courses have exclusive online communities where their learners can interact with each other. These online communities via Facebook or Slack groups can offer the support and inspiration you need to take your business to the next level.
If you have important questions about the business model, fellow members are usually more than happy to share their insights and experiences. In some cases, such communities may also provide networking and in-person meetup opportunities.
5. Opportunities for Coaching and Mentoring
Some dropshipping course creators also offer extra support via one-on-one or group mentoring. According to the International Coaching Federation, 65% of people improved in their work performance and 80% reported self-confidence boost after receiving coaching. As a dropshipping newbie, you can benefit from the insights and guidance of an expert coach.
3 Additional Considerations When Selecting A Dropshipping Course
Not all dropshipping courses are created equal. So you should choose a course that can guide you in meeting your goals and increasing your dropshipping success rate. Ultimately, the course should help you make money by implementing proven practices in your dropshipping business.
How Much Does A Dropshipping Course Cost?
A dropshipping course can cost from $0 to $15,000. The price could potentially go higher, depending on the program you choose. Free dropshipping courses are available to those who want to save money. These courses can be found on platforms like YouTube and Udemy. Meanwhile, paid courses are often available directly from the course creator's website.
Free Dropshipping Courses
Among the best free dropshipping courses are those found on Kamil Sattar's Ecom King YouTube channel. Recently, he uploaded a new 6-hour Complete A-Z Blueprint 2024 video course, which teaches about supplier and product selection, along with website setup and advertising strategies. Kamil goes as far as assuring viewers that through his free Shopify dropshipping course, learners can gain access to valuable information "not taught even by paid courses."
Also on YouTube, Isabella Kotsias of Baddie In Business has a free 36-minute course that teaches people "how to start dropshipping with $0." According to her, it's possible to build a dropshipping store while avoiding Shopify and advertisement costs. She also shows free online tools dropshippers can use as they create logos, identify trending products, and more.
On Udemy, digital marketer Eric Leads has the free course Dropshipping with Aliexpress: Build and Launch your Store. So far, the course has over 80,800 students and has 4.3 stars from over 2,800 ratings. It teaches about dropshipping resources, case studies, and product research, among others. The course runs for 1 hour, 51 minutes and is divided into 7 sections and 21 lectures. In addition, Eric also has another free Udemy course, the 38-min Amazon FBA: Research, Find and Source a Profitable Product.
Paid Dropshipping Courses
A 7-figure dropshipping empire owner himself, Vlad Biaheza teaches interested students how to succeed in dropshipping. Although he constantly uploads free content on YouTube and TikTok, he also has the Biaheza Dropshipping Course where he charges students $294. According to his website, the program teaches the step-by-step process of building a profitable dropshipping store "right from the get go." The course curriculum runs for 2 hours and is divided into 21 videos.
Franklin Hatchett's eCom Elites course shows entrepreneurs "how to set up your drop shipping business" and "give you an unbeatable marketing advantage." The paid dropshipping course has over 34 hours of video content and is divided into 10 modules. People can choose between two pricing options: the eCom Elite Standard ($197) and eCom Elite Ultimate ($297).
Dropship Lifestyle by Anton Kraly has been around since 2013, currently has over 15,000 members worldwide, and has been voted Best eCommerce Course by Shopify. According to Anton, he created Drop Ship Lifestyle "to give students the knowledge and tools necessary to create freedom through entrepreneurship." The program's Premium package costs $3,997 while the Ultimate option costs $10,497. Meanwhile, Anton also shares free training via his website and free dropshipping content on YouTube.
What Is Dropshipping?
Dropshipping is a form of retail business where a seller accepts customer orders even without having inventory on hand. This business model works as a seller finds trending products online to offer in their dropshipping stores. The seller works with a reliable dropshipping supplier, which handles the order fulfillment process. Sellers usually tap both free marketing and paid advertising methods on social media to attract potential buyers.
Low-Ticket Dropshipping and High-Ticket Dropshipping
Two of the most popular types of dropshipping are low and high ticket dropshipping. Low-ticket dropshipping is usually popular among beginners.
Low-ticket dropshipping
- Requires a smaller investment to start.
- Focuses on selling low-cost trending products.
- The goal is to keep one step ahead of the competition by jumping on current trends before the market gets saturated.
High-ticket dropshipping
- Requires a significant amount of investment to launch.
- Focuses on selling evergreen, high-end products catering to upper-middle-class income customers.
- Items are usually large (furniture, fitness equipment) so it's best to work with US-based suppliers for faster, more secure shipping.
- Requires a significant amount of investment to launch.
- Focuses on selling evergreen, high-end products catering to upper-middle-class income customers.
- Items are usually large (furniture, fitness equipment) so it's best to work with US-based suppliers for faster, more secure shipping.
Is Dropshipping Still Profitable in 2024?
Dropshipping is still profitable in 2024. According to Fundera, approximately 23% of all online sales "are fulfilled by dropshipping". Meanwhile, a Market Data Forecast report says that experts anticipate the global dropshipping market size to hit $344.04 billion in 2024 and reach $984.4 billion by 2029.
However, it is also a fact that dropshipping has its own challenges as a business model. High competition, low profit margins, delivery delays, and lack of control over product quality are common obstacles you'll have to deal with as a business owner. Around 80% to 90% of dropshipping businesses fail within their first year. As such, learning proven practices and understanding the business model can be crucial for new dropshippers.
Why Local Lead Generation Is A Better Online Business Model
While investing in a dropshipping course can help you achieve success, the fact remains that it has become harder to do dropshipping over the years. You're directly competing against thousands of other players selling the same products.
Dropshipping can definitely be a tough way to make money online. The market can be competitive and certain product niches immediately become saturated. Earnings can be unpredictable because total sales usually vary from month to month. On top of that, you'll also have to deal with negative reviews and customer returns, among others. .
I spent years running a dropshipping store myself but I eventually ended up quitting and focusing on my lead generation business. The decision proved to be a wise one as I'm now earning more without investing as much time and money as I did as a dropshipper. Competition is also not as fierce since I'm only going after 10 to 20 local businesses targeting the same keyword. My goal is to build an industry-specific service business website (such as carpet cleaners, plumbers, HVAC, etc),rank it high on search engine results, and then deliver the leads to customers who pay me a steady amount each month.
Today, I make a monthly average of $52,000 in passive income from owning over 50 lead generation websites. It's definitely a more sustainable and lucrative business model since I'm providing service to business owners - not selling trending products to random online shoppers.
If this sounds interesting to you, contact us and we'll show you how local lead generation can be a worthwhile business model to pursue.
Jordan Welch is a young dynamic entrepreneur who has a good program.