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🗣 In this episode, Lewis Smith and James Eardley talk about why high-ticket dropshipping is the future of e-commerce and how it’s set to dominate the industry this year. 

With rising ad costs and growing customer expectations for faster delivery, this model is becoming more attractive for entrepreneurs looking to scale.

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Links and Resources Mentioned:
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Sign up with Tide for Easy Business Account Management: https://dropshipunlocked.com/tide

Key Takeaways:
★ Profit Per Sale: High-ticket dropshipping offers more profit per sale.
★ Low Overheads: Keep costs low without the need for warehousing.
★ Customer Expectations: Rising demand for fast delivery, and how to meet this need.
★ Quality Suppliers: Finding suppliers who are reliable and can scale with you.
★ Location Freedom: Running your business from anywhere with only a laptop and Wi-Fi.
★ Success Stories: Real-life examples of people scaling their high-ticket dropshipping businesses.

Learn More:
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Topics Discussed:

In the "Dropship Unlocked Podcast Episode 119," hosts Lewis Smith and James Eardley delve into the benefits of high ticket dropshipping , a fulfillment model that allows entrepreneurs to sell expensive products directly shipped from suppliers to customers, thereby eliminating inventory hassles and minimising operational costs. They highlight high ticket dropshipping’s potential for higher profit margins and lower ad costs, which allows for a scalable business that can be operated remotely. The episode further illustrates the significance of viewing advertising as an investment rather than a loss, likening it to a profitable arcade machine. A focus on having reliable suppliers, developing a diverse product range, and leveraging technology for efficient operations is emphasised as key to building a sustainable e-commerce business. The hosts encourage taking actionable steps toward creating scalable systems and fostering community support, while expressing gratitude toward their listeners and inviting engagement with their content. Overall, the discussion positions high ticket dropshipping as a lucrative opportunity poised for growth in the current market.

• 00:00:00 In this section, the discussion centers on high ticket dropshipping and its advantages over traditional dropshipping methods. High ticket dropshipping involves selling more expensive products without holding inventory, as suppliers ship directly to the customer. This model allows sellers to earn significantly higher profit margins per sale, which makes it easier to absorb rising ad costs. The hosts, Lewis Smith and James Eardley, emphasise that high ticket dropshipping is not a new concept but a fulfillment method that has existed in various forms for decades. They present the opportunity as a low-overhead business model that can be operated from anywhere, catering to the demand for quality customer experiences while yielding substantial profits.

• 00:05:00 In this section, the discussion revolves around the advantages and practicality of drop shipping, particularly high-ticket drop shipping. The speakers note that the model allows for direct shipping from suppliers to customers, minimising overhead costs and complexity for business owners. They emphasise that the costs associated with running a drop shipping business are relatively low, with expenses only incurred when a sale is made. This accessibility makes it an attractive option for those starting a business without significant upfront investment. The conversation also highlights the potential for scalability in drop shipping, enabling entrepreneurs to maintain a business asset that can be sold in the future. Additionally, the speakers address the unique nature of ad spending in this model, comparing it to a profitable machine that provides a return on investment, encouraging business owners to view ad costs through a lens of potential revenue generation rather than as a traditional overhead.

• 00:10:00 In this section, the discussion revolves around the metaphor of advertising as an arcade machine that continually rewards the player, emphasising the importance of viewing ad spend as an investment rather than a loss. The analogy of low-ticket versus high-ticket dropshipping highlights that while low-ticket machines might offer smaller jackpots, high-ticket options allow entrepreneurs to spend significantly more on ads, thereby providing a greater margin for error and a cushion for learning. The narrative underscores the necessity of having multiple suppliers and products ready before launching ads, advocating for a strategic approach where advertising is scaled based on proven returns. This gradual scaling, facilitated by accumulating data from ad spend, encourages a mindset of continuous reinvestment as long as a profitable return on investment is being generated.

• 00:15:00 In this section, the discussion revolves around the advantages of high ticket dropshipping, emphasising the importance of achieving profitability from the first sale while minimising overhead costs. The analogy of building a fairground machine illustrates how entrepreneurs can create their own business framework, allowing them to have control over their operations, product selection, and marketing strategies. The conversation highlights that rather than seeing challenges as obstacles, they should be viewed as games to solve, fostering a positive mindset for entrepreneurs. Furthermore, the increasing savvy of consumers necessitates faster delivery options, making domestic dropshipping advantageous as it addresses customer expectations for prompt service. Overall, the section reinforces the belief that high ticket dropshipping will thrive this year due to its potential for profitability, manageable logistics, and alignment with customer demands.

• 00:20:00 In this section, the discussion emphasises the critical role of reliable suppliers in the high ticket dropshipping business model. A trustworthy supplier can enhance a brand's reputation, ensuring quality products and efficient communication, which in turn reduces customer complaints and refund requests. The speakers advocate for a diversified supplier base to mitigate risks, advising aspiring business owners to consider the desired nature of their operations, like avoiding an inbox full of complaints. The conversation also highlights the benefits of location independence afforded by high ticket dropshipping, where entrepreneurs can manage their businesses remotely with just a laptop and internet connection, often outsourcing tasks to virtual assistants to maintain operations across different time zones. Overall, partnering with quality suppliers and leveraging remote work strategies are presented as essential components for success in this e-commerce approach.

• 00:25:00 In this section, the discussion highlights the advantages of high-ticket dropshipping, emphasising its ability to create location-independent businesses that do not require constant personal involvement, such as attending Zoom calls. The conversation reflects on how technology has broken down previous barriers to entry in business, allowing individuals to earn a living while traveling the world. Success stories of program members are shared, such as Neil and Suraj, who achieved significant sales figures through data-driven niche selection and effective automation. The advice for newcomers stresses the importance of emotionally detaching from product choices, implementing systems for scalability early on, and partnering with reliable suppliers to build a trustworthy brand, ultimately setting the stage for sustainable growth in the dropshipping landscape.

• 00:30:00 In this section, the hosts emphasise the importance of action for those interested in high ticket dropshipping and achieving financial freedom through location-independent living. They outline three critical steps for success: setting up scalable systems, partnering with reliable suppliers, and creating a supportive community. The hosts encourage listeners to visit DropshipUnlocked.com for comprehensive resources and training to help them launch their e-commerce ventures effectively. They also highlight the benefits of community support over one-on-one coaching and invite listeners to engage by leaving comments or reviews. The section concludes with gratitude for listener feedback and a call to share the podcast with others who might find it valuable.

• 00:35:00 In this section, the podcast hosts express their gratitude to the listeners for choosing to spend their time with the show and encourage them to leave a five-star review, which could lead to a shout-out in a future episode. They emphasise their excitement for continuing to share valuable insights in upcoming episodes of the Dropship Unlocked Podcast.

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