The State of Drop Shipping: Review of 2017 and Future Predictions

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Drop Shipping

I started drop shipping in summer of 2016.

Back then it wasn’t nearly as popular as it is right now. It was something for outlaws and rebels. There was only a small underground community of people who knew about this business model and leveraged it.

This has changed.

Throughout 2016 and 2017 drop shipping became extremely popular. I made my humble contribution to it’s increasing popularity by hosting my daily drop shipping Q&A show for one year. As I ran and grew my own drop shipping businesses, my online presence grew as well. I gained a tremendous amount of followers in the last two years.

Many people have asked me if drop shipping is dead.

That’s a question I take very seriously.

Is Drop Shipping Dead?

Since many new people have entered the space, one would assume that saturation has kicked in. There’s just not enough products to sell. Everyone is competing for the same attention. And consumers are catching up with drop shipping.

What’s interesting about these intuitive truths is that they have been completely disconfirmed.

Although I expected less people to become successful with drop shipping in 2017 (due to the increased competition), I observed the exact opposite. In 2016 there was a fraction of today’s drop shippers. Yet I knew considerably less people who were successful. Even in my own programs, the success rate was lower in 2016 compared to 2017, which is an interesting observation.

More and more people flooded into the drop shipping space, starting Shopify stores and trying to get a piece of the global e-commerce cake. Despite all this, the rate of people who succeeded seemed to increase rather than decrease progressively.

So how can you explain this?

  • The marketing and advertising knowledge has massively improved
  • The advertising platforms have improved their algorithms
  • New creative methods have been developed

In 2015 and 2016 most drop shippers were “rookies”.

Although lots of people were successful, nobody knew that much about Facebook ads and influencer marketing. My first drop shipping course in 2016 helped less people become successful than my latest drop shipping class in 2017. The main reason is because my drop shipping experience and my marketing and advertising knowledge has progressively improved.

So the quality of what I teach in my programs has improved with time.

And this seems to be a general trend.

The fact that many people are entering the drop shipping space and competition is increasing, is compensated by the immensely fast growing knowledge and experience about how to profitably run Facebook ads and do influencer marketing.

Drop Shipping Predictions For 2018

That being said, I believe it’s easier to become successful at drop shipping now than it was in 2016.

And I think it will get even easier to get results in 2018 (despite increasing competition).

I don’t know about 2019, but my guess is that drop shipping won’t reach it’s peak for another 1-3 years. Consumers might eventually catch up with drop shipping, competition might hit a ceiling and exponentially growing marketing knowledge might not be able to counteract all of that. Until then, however, people will continue to make small and big fortunes.

Additionally, I believe some really big e-commerce companies will emerge from the drop shipping space. They will have started with drop shipping and then evolved to private labelling, building a strong brand and having their own stock.

This is already happening.

Lots of people I know started out drop shipping and now have their own brand selling hundreds of thousands or millions of dollars worth of private label products every year. I believe we’ll see more of this in the coming years.

The Epicentre Of Drop Shipping Innovation

In 2016 and 2017 something interesting happened.

I started to be surrounded by successful drop shippers left and right. Some of these people were former students, others were friends who made hundreds of thousands or millions of dollars with drop shipping and again others were complete strangers that reached out to me and shared their results with me (and what they did to get them).

I’ve been able to help many of these people grow their stores and in return they shared “gold nuggets” with me.

Obviously, this has lead to an immense learning experience. Additionally to my own experience with drop shipping, I’ve seen behind the scenes of dozens of six-figure and seven-figure drop shipping stores.

I’m blessed to be at the centre of this amazing group of people. But this “secret” mastermind happened more by accident than anything else. Back when I started my own drop shipping stores, I never thought I’d once be connected to so many interesting and successful people. But given the fact that I run one of the biggest YouTube channels in the drop shipping space, along with some luck and good timing, I happened to be the linchpin. I was in the midst of one of the most exciting movements ever.

I was at the epicentre of drop shipping innovation.

Most of this went down in private messages, DM’s and Skype calls that happened behind closed doors. What I’m talking about here is not the type of mastermind you can join. No amount of money could have “bought you in” to this group.

These people didn’t have courses and they didn’t talk publicly about their successes.

And this is what made this “secret” mastermind so priceless.

I learned more about drop shipping, running successful Facebook ads and influencer marketing in the last year that in all eight years prior to that. This showed me the power of having a mastermind. It taught me the importance of getting perspective, zooming out, looking at different approaches and learning from what works and doesn’t work for other people.

The main lesson I learned can be summarized as follows:

There Are Multiple Ways to Build a Profitable Six-Figure or Seven-Figure Drop Shipping Business

When I started drop shipping in 2016 I became successful fast.

I made my first sale within 48 hours after starting my first Facebook campaign.

However, I also got blindsided by my success. Since I saw success using a particular method (which still works great today), I started to believe I had discovered the holy grail of drop shipping. I believe the method I used was not only the best method to build a drop shipping business, but the only one. This usually happens when you don’t have enough outside perspective.

Every drop shipping “guru” today is falling victim of the same fallacy: They believe their method is the best and the only way to become successful. And newbies often get hooked and believe these gurus, who often take advantage of their position.

If there’s anything I learned in the last year it’s that there’s many ways to build a profitable drop shipping business.

How do I know?

Because I saw it first hand.

Because of my unique position in the drop shipping space, I’ve been able to see behind the scenes of countless six-figure and seven-figure drop shipping stores. And what’s fascinating is that they all use completely different methods.

In fact, there’s at least 12 methods to become successful at drop shipping right now.

Any “guru” who’s trying to make you believe their method is the only one is either uninformed or lying to you.

Tools of Titans for Drop Shippers?

A few months ago I was reading Tim Ferris’ book Tools of Titans.

In case you don’t know it, it’s a book where some of the world’s most successful actors, writers, athletes, thinkers and entrepreneurs share their life advice. It’s a bit like plugging yourself into a community of mentors who all share their most treasured secrets with you, showing you exactly what has made them successful, how and why.

Back then I was working on a new course called “Influencer Marketing Secrets”.

I was planning to bring it out in February 2018.

However, reading Tools of Titans got my head spinning.

What if I created something like Tools of Titans for drop shipping. Not in book form (since that would be limited), but in the form of a program. What if I could share these invaluable lessons learned from this “secret” drop shipping mastermind with the rest of the world. What if others could learn not only one method that works, but 12 proven methods to build a successful drop shipping business.

So I did something that’s that’s unusual for me.

I completely ditched my plans to launch “Influencer Marketing Secrets” and decided to create a program that resembled Tools of Titans, where some of the most successful drop shippers share their tools, tricks, advertising strategies and marketing methods.

I decided to call the program “Drop Shipping Mastery”.

How To Succeed At Drop Shipping Even If You’ve Failed In The Past

I don’t believe mastery is an event, I believe it’s a process. And for someone to become a master in a particular field, he or she needs to have a variety of teachers and mentors. “Drop Shipping Mastery” gives you access to 12 different mentors, in the form of a drop shipping program, along with case studies, resources, “cliff notes”, walkthroughs and detailed explanations.

Only later did I realize that this was the ultimate drop shipping program. Most programs only teach one method. And most people fail because if that one method doesn’t work (which is often the case), there’s no fallback plan or alternative strategy.

What’s different about “Drop Shipping Mastery” is that it gives you 12 methods.

That’s what makes it so powerful.

If one method doesn’t work, you can try another method. This immensely increases your odds of success. In fact, logically it increases your odds of success at least 12 fold. But more importantly, it gives you a big picture view that no other program can give you. You’ll see commonalities, proven patterns and predictable processes in all these twelve businesses.

The strategic knowledge (how to run FB campaigns, how to reach out to influencers etc.) will take your store to the next level. But the paradigm shifts, the eagles perspective and the common principles that you’ll discover, are what’s really priceless.

An Unprecedented Opportunity

So when will this new program come out?

The program will open to the public on the 12th of February 2018.

But since my programs usually sell out fast, I’m giving early-bird access to a few people on the 11th of February.

In order to get on the early-bird list all you have to do is submit your email address here. I will then send you a registration link for “Drop Shipping Mastery” on the 11th of February, before it officially opens to the public.

This way you’re much more likely to get a spot.

(In the past some of my programs have sold out in as little as 5 hours)

I am pretty excited about all this. And I expect the rate of successful drop shipping businesses to further increase in 2018. In fact, it’s my belief that some of the most successful drop shipping businesses this year will come as a result of this program.

We live in an extremely exciting time right now.

Onward.

P.S. I’ll be releasing another blog post next week with a detailed case study of one of my friends who made $60,000 in two weeks with drop shipping using Facebook ads. And I’m also planning to write a post outlining all the 12 methods you can use to build a successful drop shipping method right now. Make sure you keep an eye on this blog and check back soon!

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  • Anny Wang

    You seem like a dropshipping guru, I am a newbie in this and would like to start dropship business but have no guidance and too much confuse on you tube as everyone claim to earn 5 -6 figure but I have doubt if it is true ??
    I am no good in computer /technical side and wonder is the dropship will be good for me to start with?! ( I may need a step by step guidance on how to set up this new e-commerce business) I wonder if there’s any patience coach who willing to guide me through…

    Leave Reply
    • Till Boadella

      Hi Anny,

      Making 5-figures and 6-figures a year isn’t that hard with drop shipping. Making 7-figures a year is a bit more rare and harder. Most people who start drop shipping aren’t very technical. Luckily, with Shopify it’s very easy to set up a store. Cheers, Till

      Leave Reply
      • Lamar Wallace

        Hey Till Boadella, I watch your videos on youtube at times, i want to start a dropshipping store but i am affraid of failing what i am trying to make, i’m from Jamaica so the currency is really low but i really want to try it because i want to help my wife and new born daughter to live more comfortable, I want to know how much it will take to get your help? i try dropshipping before and it fail bad. please Help Thanks Lamar W.

        Leave Reply
        • Till Boadella

          Hi Lamer, thanks for your comment. Unfortunately I don’t provide one-on-one help at the moment. But my new program is coming out 12th of February, you can check it out at https://dropshippingmastery.org/join – Hope it will help you finally succeed.

          Leave Reply
  • Tate

    Hey Till, is your new program different from the older course? Which one should one sign up for if looking to learn step by step and be able to generate at least 5 figures from dropshipping

    Leave Reply