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🗣 In this episode, Lewis Smith and James Eardley dive into a critical topic: How Dropshipping Has Changed Forever. The recent shifts in tariffs and international trade have completely changed the landscape for e-commerce businesses, and in this episode, we break down the impacts of these changes and how to adapt your business to succeed moving forward.

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Links and Resources Mentioned:

• Pick up a copy of Lewis’ book: https://dropshipunlocked.com/book
  
  

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• Get a free trial with a professional phone line: https://dropshipunlocked.com/circle
  
  

Key Takeaways:

• Adapt to the Market:
  
  

  • With recent tariff hikes and trade wars affecting low-ticket dropshipping, it’s now more important than ever to adapt your business model. Shifting to high-ticket dropshipping and focusing on local suppliers will allow you to avoid the impact of these tariffs and continue thriving.
    
    

• The Home Turf Advantage:
  
  

  • Focusing on local suppliers offers numerous advantages, including faster shipping, better customer service, and avoiding the complexities of international trade wars. The Home Turf Advantage is more relevant than ever in today’s economic climate.
    
    

• Shift Your Business Model:
  
  

  • High-ticket dropshipping provides better margins and allows you to account for unexpected costs, such as tariffs. The model offers more profitability, sustainability, and less reliance on international trade volatility.
    
    

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Topics Discussed:

• How Tariffs Are Impacting Low-Ticket Dropshipping:
  
  

  • The introduction of tariffs on products from China to the U.S. has made low-ticket dropshipping much more difficult. Businesses relying on cheap products from China are facing increasing costs and delays, making their model unsustainable.
    
    

• How High-Ticket Dropshipping Can Help You Thrive:
  
  

  • Shifting to higher-ticket items helps build a buffer against increased tariffs and shipping costs. High-ticket dropshipping offers better profit margins, faster shipping, and simpler logistics, especially when using local suppliers.
    
    

• Pivoting to Local Suppliers and the Benefits of the Home Turf Advantage:
  
  

  • Local suppliers in the UK, EU, and US can help avoid the impacts of tariffs and international trade issues. Working with local suppliers offers fast shipping, easier returns, and fewer complexities in your business.
    
    

• Mindset Shifts and Solutions for a Sustainable Business Model:
  
  

  • The challenges caused by trade wars and tariffs provide an opportunity to pivot toward high-ticket items and local suppliers. Embracing these changes can lead to long-term business success and greater control over your business.
    
    

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