anonymous1971
Active Member
Yes.....$130K turnover in 2018......with sales in just a small country.
Yes.....just 3 hours work a day.
But this year we are happily and finally going to stop with dropshipping.......because it literally kills our business.
Do not be fooled by the success stories you read here.....only 0.1% is successful with dropshipping. Here's our story........a success story with true negative experiences you should know about before starting a dropshipping company.
The lesson I've learned is: When you start dropshipping and you reach a impressive turnover goal........try to build your own stock and work towards a hybrid sales model 50-50 dropship / own stock till the turnover is high enough to have 100% own stock. At this point we have bought stock from the 20 best sold products in our store, and sent these products to our customers with next day delivery in our own designed branded package >>>> PROVEN FACT = 1 in 50 return rate which is extremely low. I'm not bullshitting you here.....I'm a statistics freak, i know my stats.
Why? > FACTS
1. Main reason > It destroys our brand and values our business low on the long term.
2. No recurring sales and below 2% returning customers...no lifetime value.....because people see the products they have bought come from Ali Express and will never ever buy from you again!!! KILLER 4 YOUR BUSINESS!
3. Delivery times.......wayyyyyyy tooooo loooooong.
4. Over $400 / month in lost packages that are not traceable.
5. Ali Store owners....they do not give a shit about you. Even if you buy for thousands of dollars they do not give a shit about you.
Addition 1. Sometimes we have customers who order 4, 5 or sometimes 8 products at once........We do business with 14 Ali stores......can you imagine how it feels like for my customers to have 4, 5, 6 packages delivered on different days instead of one package? Trust me......i do not talk bullshit here....this happens a lot. Customers are extremely frustrated and will never ever order again in our store.
look at this image........this is how my customers receive this shit......it says ALIExpress.
Addition 2. NEW STRATEGY. Since customers have to wait for their package for a looooooong time and then receive a shitty ugly packed package from Ali Express I have decided to try a different strategy. When a customer orders products from our store we order these products from Ali Express and have them sent to our warehouse with the ordernumber of the customer on the package. We will then repack and rebrand the products and pack them in our own branded package and then sent this to the customer.
Results April 2019 New Strategy.
1. 70% less returns from customers > Saved us almost €600 - €900 in money back returns!
2. 95% less support tickets. Obviously when we ship reading glasses in our own branded box there are less complaints!
3. 100% customers that do NOT say they never received the order!!!! Saves us €800-€1200 a month!!!
4. 100% no loss of canceled orders by customers due to loooooooong deliver time. Now canceled orders will still be delivered to us to sell again. Saves €500 - €1000 a month.
Yes.....just 3 hours work a day.
But this year we are happily and finally going to stop with dropshipping.......because it literally kills our business.
Do not be fooled by the success stories you read here.....only 0.1% is successful with dropshipping. Here's our story........a success story with true negative experiences you should know about before starting a dropshipping company.
The lesson I've learned is: When you start dropshipping and you reach a impressive turnover goal........try to build your own stock and work towards a hybrid sales model 50-50 dropship / own stock till the turnover is high enough to have 100% own stock. At this point we have bought stock from the 20 best sold products in our store, and sent these products to our customers with next day delivery in our own designed branded package >>>> PROVEN FACT = 1 in 50 return rate which is extremely low. I'm not bullshitting you here.....I'm a statistics freak, i know my stats.
Why? > FACTS
1. Main reason > It destroys our brand and values our business low on the long term.
2. No recurring sales and below 2% returning customers...no lifetime value.....because people see the products they have bought come from Ali Express and will never ever buy from you again!!! KILLER 4 YOUR BUSINESS!
3. Delivery times.......wayyyyyyy tooooo loooooong.
4. Over $400 / month in lost packages that are not traceable.
5. Ali Store owners....they do not give a shit about you. Even if you buy for thousands of dollars they do not give a shit about you.
Addition 1. Sometimes we have customers who order 4, 5 or sometimes 8 products at once........We do business with 14 Ali stores......can you imagine how it feels like for my customers to have 4, 5, 6 packages delivered on different days instead of one package? Trust me......i do not talk bullshit here....this happens a lot. Customers are extremely frustrated and will never ever order again in our store.
look at this image........this is how my customers receive this shit......it says ALIExpress.
Addition 2. NEW STRATEGY. Since customers have to wait for their package for a looooooong time and then receive a shitty ugly packed package from Ali Express I have decided to try a different strategy. When a customer orders products from our store we order these products from Ali Express and have them sent to our warehouse with the ordernumber of the customer on the package. We will then repack and rebrand the products and pack them in our own branded package and then sent this to the customer.
Results April 2019 New Strategy.
1. 70% less returns from customers > Saved us almost €600 - €900 in money back returns!
2. 95% less support tickets. Obviously when we ship reading glasses in our own branded box there are less complaints!
3. 100% customers that do NOT say they never received the order!!!! Saves us €800-€1200 a month!!!
4. 100% no loss of canceled orders by customers due to loooooooong deliver time. Now canceled orders will still be delivered to us to sell again. Saves €500 - €1000 a month.
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