👉 Ready to start your own online store? Start here: https://dropshipunlocked.com/online-event?el=blog-43-how-phil-made-52k-in-3-months

Get your copy of Lewis’ new book - The Home-Turf Advantage ➡️ https://www.htabook.com/?el=blog-43-how-phil-made-52k-in-3-months

🗣 ​​In this episode, hosted by e-commerce entrepreneurs Lewis Smith and James Eardley, we're joined by Phil, a member of the Dropship Unlocked Masterclass, who shares his remarkable journey of making £52k in just three months through UK dropshipping.

Phil's story is a testament to the power of commitment and the effectiveness of the dropshipping business model. If you're considering entering the world of e-commerce or need some inspiration, Phil's insights are a must-listen.

👉 Do you know someone who would love this? Share this video ➡️ https://youtu.be/0DkhD_sqijc?si=3jGc_LPb-V4rrWEw

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Links and Resources Mentioned:

For Aspiring Business Owners or Side Hustle Seekers Based In the UK…

New Book Reveals How To Launch A Low-Maintenance High-Profit E-Commerce Business Using The UK "Home-Turf Advantage”…

While also enjoying more time with your family, being free to travel, and setting the hours you work.

Click here to get your copy >>> https://www.htabook.com/?el=blog-43-how-phil-made-52k-in-3-months

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Links and Resources Mentioned:

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:

★ Phil's Remarkable Success: Phil's journey from a novice to earning £52k in just three months through UK dropshipping illustrates the potential for rapid success in e-commerce when guided by the right mentorship.

★ The Power of Guided Mentorship: Phil's story highlights the importance of mentorship and a structured program like Dropship Unlocked Masterclass in achieving substantial results in e-commerce.

★ Transformational Impact: E-commerce success can be truly life-changing, allowing individuals to achieve financial freedom and the flexibility to design the life they desire.

★ Educate and Invest in Yourself: Phil's experience underscores the value of investing in education and oneself. For those looking to embark on their entrepreneurial journey, starting with resources like Lewis's book, 'The Home Turf Advantage,' is a crucial first step toward success.

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Learn More:

 ➡️ When people are ready to create time and financial freedom for themselves, they visit - https://www.dropshipunlocked.com/free?el=blog-43-how-phil-made-52k-in-3-months

 ➡️ Subscribe to The Dropship Unlocked Podcast to stay up-to-date on the latest episodes, and leave a like to help others discover the show.

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Topics Discussed:

In this episode, hosts Lewis Smith and James Eardley discuss the opportunities presented by starting a high-profit, low-maintenance e-commerce business, specifically using the home turf advantage model.

Phil shares his experiences with traditional dropshipping models and his shift towards high ticket dropshipping, which involves selling high-priced items with a larger profit margin and minimal administration. The hosts also share their experiences with the role of artificial intelligence in their business and the advantages of selling high-ticket items.

Phil shares his experience of making substantial profits through dropshipping despite being ill, proving the concept of his business and inspiring freedom from trading time for money. James Eardley discusses the evolution of UK dropshipping and the role of AI in optimising business operations. The podcast encourages listeners to engage with the content, learn about high ticket dropshipping, and consider the advantages of this business model. Phil shares his success story, emphasising the importance of choosing a niche, building a strong brand, and investing in various areas to achieve profits.

00:00:00 In this section of the podcast, hosts Lewis Smith and James Eardley discuss the significant opportunity presented by starting a low-maintenance, high-profit e-commerce business, particularly using the home turf advantage model. Lewis explains that he was inspired by entrepreneurship but didn't find traditional business models like affiliate marketing or Amazon FBA to be a good fit for his criteria: low maintenance, high profitability, and low administration. After extensive research, he identified the home turf advantage model as the best opportunity for business success this year. The model, which Smith and Eardley have used to generate substantial sales, involves selling products through an e-commerce store with minimal day-to-day involvement.

00:05:00 In this section, Phil shares his experiences with traditional dropshipping models and his dissatisfaction with poor product quality and long delivery times. He then discusses his shift towards high ticket dropshipping, inspired by successful companies like Wayfair and their drop shipping business model. With high ticket dropshipping, Phil focused on selling high-priced items that have a larger profit margin, such as luxury home furniture or gym equipment. He also emphasises the potential growth and freedom this business model offers, requiring minimal administration with fewer sales per month compared to low-priced items. Lewis Smith also explains the basics of high ticket dropshipping, which involves selling more expensive items online and arranging for suppliers to deliver products directly to customers, creating a brand and customer list for potential future sales.

00:10:00 In this section, Phil shares his experience of making significant profits through dropshipping while being ill and unable to work. He describes how he was surprised by large sales of over 600 pounds each, totalling £848 in profit in just a few days. This moment was pivotal for him as it proved the concept of his business and made him realise he no longer needed to trade his time for money. He expresses the exciting feeling of making one's first sales and the potential of high ticket dropshipping and e-commerce, with consumers increasingly buying items online, even high-value ones. Phil also mentions the growing trend of businesses purchasing products in bulk, presenting an even bigger opportunity for sellers.

00:15:00 In this section, James Eardley discusses how UK dropshipping has evolved, allowing businesses to run a B2B model and make larger sales through automated digital marketing channels. He reflects on how marketing used to require technical expertise but is now more accessible due to advanced algorithms on ad platforms like Google. James recommends episode 23 of the podcast, titled "Mastering Google Ads for your E-Commerce Store," for more detailed information. He also speaks about the impact of AI on the dropshipping landscape, citing its ability to streamline business setup and operations, enhance customer service with automated chatbots, and provide inspiration for content creation. AI tools can now manage product descriptions, blog post ideas, and content formatting, but entrepreneurs must be careful not to rely solely on AI-generated content. Overall, James sees AI as a valuable tool for optimising business operations and operations, acting like a computerised personal trainer guiding entrepreneurs towards growth.

00:20:00 In this section, James Eardley and Lewis Smith discuss the role of artificial intelligence (AI) in their business and the advantages of selling high-ticket items through dropshipping. They emphasise that while AI can optimise and improve the business, entrepreneurs still need to put in the work. They then move on to the financial side of high-ticket dropshipping, explaining that larger profits per order lead to fewer customer service issues and a better buying experience for customers. Additionally, the minimal startup costs and low overhead make dropshipping a cost-effective business model.

00:25:00 In this section, they discuss the advantages of the dropshipping business model, specifically for those starting with limited capital. They explain how dropshipping allows entrepreneurs to build a brand and asset without upfront inventory costs or debt. comparably to traditional retailers like John Lewis, who leverage other brands to attract customers while remaining a brand themselves. They emphasise the importance of understanding your market and choosing a niche wisely, and suggest investing in knowledge as a shortcut to success. They also recommend checking out Lewis' book for more insights into mastering high ticket dropshipping. Additionally, they invite listeners to share their questions, stories, and challenges via email and leave ratings and reviews to support the podcast's growth.

00:30:00 Listener Dickie asked about the feasibility of a lower ticket business in dropshipping. The answer given by Lewis Smith was that while it is possible, it involves more administrative tasks, higher volume of orders, more customers to deal with, and increased complexity. To streamline the business and enhance profitability in the long term, pivoting to high ticket dropshipping using the home turf advantage model is recommended. Additionally, a listener review was highlighted, expressing appreciation for the podcast and the valuable information provided.

00:35:00 The hosts, James Eardley and Lewis Smith, encourage listeners to engage with the content by leaving comments and sharing the episode with friends who may be interested in starting their own high ticket dropshipping business. They mention that James' comprehensive guide, "The Home Turf Advantage," can help listeners in their entrepreneurial journeys and can be purchased on his website. The hosts also encourage listeners to subscribe to the podcast and leave reviews to stay updated and show their appreciation for the content.

00:40:00 Phil shares his experience of making £52,000 in just three months through UK dropshipping. He begins by discussing the importance of selling a niche product and building a strong brand to stand out from the competition. Phil then talks about his specific niche, which was fitness supplements, and how he focused on creating high-value bundles that included free gifts with each purchase. He also emphasises the importance of good customer service and using retargeting ads to bring back potential customers. Additionally, Phil mentions the role of his team in managing the day-to-day operations of the business, which allowed him to focus on scaling and growth. Overall, Phil's success story demonstrates the potential for significant profits through UK dropshipping with the right approach and mindset

00:45:00 Phil's experience of making £52k (approximately $68,500 USD) in just three months through dropshipping is described in this episode. He stresses the importance of finding the right niche and product, as he initially tried several unsuccessful ventures before discovering a winning niche in home and garden items. He explains his strategy for advertising, including retargeting and lookalike audiences on Facebook, which contributed to his success.

Phil encourages listeners to be persistent and willing to learn, and emphasises that achieving profits requires investment in various areas such as product research, marketing budgets, and time commitment. Overall, Phil's journey offers valuable insights into the potential rewards and challenges of dropshipping, emphasising the importance of niche selection, marketing, and perseverance.

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...Even If You Don't Yet Know Which Products To Sell

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