Skip to main content

E Commerce Print on Demand versus Dropshipping



Thaddy got his supercar Audi R8 at 19 year old. Is that how fast he is making money? He replied: this is four years in the making

  • advantage of POD
    • may not need additional employees
    • good quality products
    • better shipping time
  • advantage of Dropshipping
    • no inventory
    • many products to choose from
    • can increase profit margins substantially (this someone contradicts another enterpreneur's opinion where profit margins are low because competitors might sell products low)
    • have to fulfill orders manually
    • longer shipping times
    • less control of your brand
    • can go into niche stores and later on branding

Thaddy shares what is better than dropshipping, FBA and print on demand is Private Label. He started with it first but failed. When he had enough cash or capital to start with it again, he did and this time with success. He started in the Men's fashion niche.
  • comparing Amazon FBA/ Ebay arbitrage, the profits are slimmer compared to dropshipping
  • he private label with 60% margin
  • need more capital to start
  • need a fulfillment service to ship your items
  • advocates dropshipping to have a feel of the market before scaling into private label
  • private label with Alibaba; dropshipping with AliExpress Orbelo

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

OpenShot Add Music or Sound Effects

In OpenShot, you can delete the audio of your video and replace it with another one. You can right click on the video click and select separate video. Or you can click the video and let the audio mute. There is option to fade in and fade out for the audio. If audio is longer than your clip, you can use the scissor tool to cut the audio as the video ends. Check out  basic OpenShot tutorial  or  list of OpenShot tutorial .
Post a Comment
Read more

OpenShot Add Text: Subtitles and Captions

OpenShot is an open source video editing soft. Adding subtitles and captions is quite tricky. Adding subtitles takes effort. Suggestions by GeekOutdoors - You can have the soundwave form displayed so you know where the talking and pausing occurs. - You also use the green marker to help you decide how long the subtitle should be shown. - Encode the subtitles in Notepad so you can easily copy and paste it later on - Turn off the snapping tool which is on by default; to remove subtitle overlap For captions, GeekOutdoors, - used footer text, shortened the duration to like 3 seconds - if you want advanced editing of the text, you will need to download and link Inkscape to OpenShot Check out  basic OpenShot tutorial  or  list of OpenShot tutorial .
Post a Comment
Read more

When to Hire Assistants for Your E Commerce Business

The questions is when will you hire an assistant to help run your business? Surely 6 figure businessmen didn't that much doing all the stuff needed to run a business. James Beattie advises to get a customer support person early on. Shopify Lifestyle shares that the first hire is the most crucial. Gabriel St-Germain has a post on automating your e commerce business. He shares there are three main time consuming tasks customer service order fulfillment marketing for customer service, he set up Zendesk and hired someone from Upwork to work at $7-8/hour Zendesk has a free to install app for Shopify but reviews were pretty bad he communicated with the CSR staff via Skype, trained this person well so this person can train newly hired CSR later on as you scale up makes macros on Zendesk so CSR agent has template on how to answer customer emails his first hire was the most important as this became the customer service manager for the new hires when he needed to scale...
Post a Comment
Read more