If you’re looking for drop shipping success stories, there’s a few here to whet your whistle. Drop shipping allows anyone to side with another company and focus entirely on paid advertising to drive traffic to a website. From there the customer’s purchase items directly from a drop shipping company. The products are delivered and you receive your commission. No fuss! You don’t deal with any customers or even have to handle or store any products. D
Drop Shipping Success Stories
It was initially Tim Ferris who first lit up the idea of a lifestyle business for me. In his book The 4hr Work Week he mentioned drop shipping as a business model. It’s a business model which has built in freedom and flexibility. Most businesses have a built in 60 hour work week. Unless you can outsource your own role in a business, or automate it, you’re basically stuck in it to a certain extent.
Drop shipping fits the bill for both automation and outsourcing. The business model itself is all about outsourcing. You’re basically the ‘middle man’ for a business which runs itself to start with. You send customers to a drop shipping company, they deliver the customer care and product delivery, you earn a commission. Get your numbers right and you’ve got a profitable online business which you can run from anywhere.
The business model is much like an affiliate marketing model. This offers the same level of automation and outsourcing, plus you can deliver products much more cheaply. Digital products cost nothing to deliver, hence the savings can be passed on to the ‘sales people’. More on this later. Let’s look at some drop shipping success stories first.
Irwin Dominguez from San Diego
Irwin Dominguez from San Diego started an e-commerce drop shipping company and within 8 months already had made $1000,000.
He had this to say on e-commerce: â€œI canâ€™t find a reason why people shouldnâ€™t give e-commerce entrepreneurship a try. With all the technology out there, it costs no money to get started and it couldnâ€™t be any simpler. You literally have nothing to lose. And Iâ€™m surprised more people donâ€™t use this to their benefit.â€
Read the full interview with Irwin Dominguez here.
Tony Hsieh, Zappos CEO
Tony Hsieh, started getting involved in ‘Zappos’ back in 1999. Zappos transitioned from a full time drop shipping venture to only taking 25% of their revenue from drop shipping by 2003. As a former drop shipping store, Zappos now dominates the US shoes market.Â In 2009 Amazon purchased Zappos for more than $1.2 billion.
Justin Wong, founder ofÂ So Aesthetic
Justin Wong started out reading Shopify’s “The Ultimate Guide To Drop Shipping” and started up with Shopify. He set up a store and posted pictures on Instagram of various products he had on his website. From there he reached out to find affiliates for his site to help promote it. You can read his story here
See his website here:
Why Drop Â Shipping?
Drop shipping is a great business model because it allows anyone to start a business and work from anywhere. You don’t need any products or even a business model of your own either. You’re basically the ‘middle man’ for a company which is already operating and sending products around the world. Those companies need customers. By setting up a website and successfully promoting it, you can earn commissions on your referrals.
Can Anyone Do This?
Anyone can start a drop shipping business. Head over to shopify and start a website. How successful you are depends on a number of factors. An online business needs customers. Knowing how to generate website traffic and the right traffic for your products is a key factor as to whether you can become successful or not with any online based business.
How Do I Learn Online Marketing?
The drop shipping success stories mentioned here are a result of a good understanding the drop shipping business model. The same is true of any business model. Online businesses can take advantage of using the internet to reach a global audience. If you can learn how to do this, you can become successful at any online enterprise. That’s why it’s worth investing in your online education as a starting point to building an online business.
Drop Shipping And Affiliate Marketing
Drop shipping and affilaite marketing both offer similar business models:
- Work from anywhere
- Scalable business models
- Global business models
- Don’t need your own business/products
- Don’t have to deal with customer/handle products personally
They can also allow anyone to start and build a business from scratch with no previous experience. If you know of any other drop shipping success stories, or affiliate marketing stories, please share below in the comments.