• Do Not Dropship These Products (Episode 95)

  • Sep 16 2024
  • Length: 34 mins
  • Podcast

Do Not Dropship These Products (Episode 95)

  • Summary

  • 📞 Ready to Take the Next Step? https://dropshipunlocked.com/training-watch-apply?el=podcast-95-do-not-dropship-these-products

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

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

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

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    Topics Discussed:

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

    ★ Steering Clear of Obsolete Products: Lack of demand for outdated technology like CD players.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

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

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

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    Links and Resources Mentioned:

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

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

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

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    Key Takeaways:

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

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

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

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

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    FOLLOW:

    • Instagram: https://www.instagram.com/dropshipunlocked/
    • Twitter: https://twitter.com/DropshipUnlockd
    • LinkedIn: https://uk.linkedin.com/company/dropship-unlocked
    • Youtube: https://www.youtube.com/c/dropshipunlockedlewissmith
    • Website: https://www.dropshipunlocked.com

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

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    ★★★Dropship Unlocked - Lewis Smith★★★

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

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