327. Will Dropshipping Still Be Around In 5 Years?
In this episode we talk through Rob's question about whether dropshipping will still be around in five years.
We highlight the continuous growth of e-commerce and the need for evolving marketing tactics. We debunks the myth that dropshipping is dead, explaining it's just a fulfillment method within e-commerce.
We also discuss the potential impact of AI on business operations but stress that human relationships will always be crucial.
Links
https://dropshipbreakthru.com/call - Ready to start your high ticket dropshipping journey with Ben and Jon's guidance and help? Jump on a free call with one of our team members today to learn what that looks like.
https://dropshipbreakthru.com/go - Learn how high ticket dropshipping works and how you can get started in this free training.
https://dropshipbreakthru.com/shopify - Get a $1 trial on Shopify and start having a play around. The best way to learn is by doing. Get familiar with the platform by being inside of it.
Sponsors
DropshipBreakthru.com/Clearsale — Add this app to your business and never worry about fraud chargebacks again.
DropshipBreakthru.com/Shopify — The only Ecommerce platform we recommend.
DropshipBreakthru.com/Grasshopper — Get an 800 number for your business from Grasshopper
DropshipBreakthru.com/Rewind — Automatically back up your Shopify store data
DropshipBreakthru.com/PrimedMind — Get coached by the #1 Mindset Coach in the world, Elliot Roe
Timestamps
Misconceptions about dropshipping (00:00:46)
Addressing the misconception that dropshipping is dead and the longevity of the dropshipping business model.
Evolution of dropshipping (00:01:03)
Discussion on the evolution and history of dropshipping, including changes in methods and approaches.
Marketing sophistication (00:05:57)
Anticipated changes in marketing strategies, including voice search, new interfaces, and sophisticated marketing tactics.
Retail business strategies (00:09:28)
Transitioning from dropshipping to warehousing, creating brands, and acquiring brands to build a retail business.
Business longevity (00:11:40)
Emphasizing the longevity and potential growth of e-commerce and the retail business model.
Adaptability and value (00:13:17)
Highlighting the adaptability of a business in response to changes, emphasizing its value and potential for growth.
Role of technology and relationships (00:15:43)
The role of technology in business development, emphasizing the importance of relationships with brands and customers.
The future of e-commerce (00:16:52)
Discussion on the potential changes in marketing strategies and the role of AI in building and managing online stores.
Automation in business (00:17:30)
Exploration of the likelihood of human input being replaced by automation in website building, product uploading, and customer service.
The role of humans in business (00:18:48)
Debunking the idea of complete human replacement by AI and emphasizing the continued importance of human relationships in business.
The limitations of AI (00:19:47)
Addressing the misconceptions about the capabilities of AI and the enduring significance of human interaction in business.
327. Will Dropshipping Still Be Around In 5 Years?