10 Dropshipping Tips for Entrepreneurs

We teach our students dropshipping whether it's with Amazon, Shopify or eBay. Everything is taught step by step. However, here are some great tips when it comes to dropshipping if you're new at it.

1. FIND THE RIGHT SUPPLIER FOR YOUR PRODUCTS.
Any products that you want to sell, make sure you're getting them from a reputable supplier. While you're looking for a good supplier that works for you, you can also look at the prices that have a lower cost. Lower cost on the item you want to sell equals higher profit margins for yourself.

2. AVOID UNDER-PRICING YOUR PRODUCTS.
When customers are shopping around, they want to purchase items that have a great perceived value. By pricing your items at a good value, you will attract customers to your business. If you have under-priced items, customers may think that item isn't of great value or "cheap".

3. CREATE AN AMAZING OFFER.
Customers love receiving some type of offer. When creating an offer, it doesn't...

WHY ARE NO AMAZON SELLERS DOING THIS!? PART 2 - Biggest Amazon Newbie Mistakes

A continuation of last week's video blog of BRAND building with dropshipping and not doing FBA.

You don't have to purchase any items upfront- it's VERY low risk, and you only place an order AFTER you make a sale. However, if the item starts selling consistently and it's proven then you can make the executive decision if you'd like to start FBA.

Keep in mind before you start FBA also consider the margins before jumping the gun. 

Make sure to watch part 1 if you haven't already!

Check out more videos here:

https://www.youtube.com/channel/UCvcTjXZG23ma1ydrByh0zjw

WRITTEN BY: Kevin Edgar

Selling On Amazon BRAND Building Without FBA | WHY IS NO ONE DOING THIS PART 1

You're able to build a brand without having to do FBA. FBA is capital intensive if you're sourcing your own products. Dropshipping is less capital intensive, and you can prove validity and get a product to sell without ordering 500 or 1000 units and spending money upfront.

Once a product is proven and is consistently selling you can send it to FBA. However, before you do, you also want to take a look at if it's worth sending to FBA based off if the margins are higher than dropshipping.

Over 90% of Amazon sellers don't do this. This video goes in depth with all that great knowledge. 

Check out more videos here:

https://www.youtube.com/channel/UCvcTjXZG23ma1ydrByh0zjw

WRITTEN BY: Kevin Edgar

Why 90% Of Day Traders FAIL | The Best Forex Trade Strategy And Proper Lot Sizes

There are many strategies when it comes to day trading. The best plan of action for forex trading is a combination strategy. You shouldn't be relying on just indicators alone, but following 3 market phrases as your base, and using indicators to help confirm your entries. 

Proper Lot Sizes can be controversial, depending what trader you ask because if you open LOTS of trades per week, you want smaller lots. 1-2 trades a week means you can use slightly larger lot sizes with the same account size. No matter your strategy you shouldn't go very far beyond the spectrum that is showed in this video.

Check out more videos here:

https://www.youtube.com/channel/UCvcTjXZG23ma1ydrByh0zjw

WRITTEN BY: Kevin Edgar

Tips to Your Road to Success

Most people want to be successful or they are on the path to success when it comes to eCommerce. Many people have different ways of achieving their success. There really is no right or wrong way to go about it. However, having the right tools and resources will definitely help you get a step closer to success. 

Finding the right mentor before you start your journey will help bridge the gap of where you are now and your end goals. Having a mentor makes a world of difference. Mentors have been where you are, and they are there to help guide you. Just make sure you do your due diligence, as some mentors claim to be there every step of the way, but that is not the case at times. We are always there for our students.

Take action straight away. If you want to be successful, then you need to start achieving your goals, start working towards them now. Don’t sit around and wait. Time is ticking. This comes down to making that decision to start...

What Is Dropshipping Explained Step By Step Tutorial For Beginners | eCommerce 2020

This video covers what dropshipping is, how it works - step by step in UNDER 5

minutes. Why would we waste 40 minutes of your time unless I was providing you

some real value? So when you see a 30-45 minute video on our channel - believe that

it's PURE value :)

Want to learn more from Kevin in regards to eCommerce business?

Check out his YouTube channel here: 

https://www.youtube.com/channel/UCvcTjXZG23ma1ydrByh0zjw

WRITTEN BY: Kevin Edgar

Selling On Amazon Canada | Dropshipping Piggyback And Original Listing Creation

In this video, it covers how to sell on Amazon Canada, which is the same methodology used to sell on Amazon US. 

Some topics that being covered are:

• Extensions and resources that you can use
• How to research products for piggybacks and originals
• Suppliers
• Sales ranks
• Keywords and more

This is great video to give you an extra push to help you succeed in your eCommerce business, or just to gain a better understanding.

Want to learn more from Kevin in regards to eCommerce business?

Check out his YouTube channel here: 

https://www.youtube.com/channel/UCvcTjXZG23ma1ydrByh0zjw

WRITTEN BY: Kevin Edgar

Forex PIPs and Common Currency Pairs

Another day, another dollar. Let’s learn a bit more about PIPs and pairs. The most common currency trading are as follows: USD (U.S. dollar), JPY (Japanese Yen), GPB (Great British Pound), CAD (Canadian dollar), and EUR (Euro). Before we get ahead of ourselves, let’s talk about PIPs and what it is.

A PIP is an abbreviation for price interest point. PIP is a measurement tool that is used within currency pairs which correlates to the smallest price movement made by any change of the currency exchange rate. Most currency pairs, except JPY, are quoted to the fourth decimal position or one-hundredth of one percent. This means that smallest change in the currency pair would be the last figure. JPY denominated currency pairs are quoted to the second decimal position. A one PIP difference can equate to a consequential profit or loss, even though it is a small measurement unit. As an example, if we entered a trade for EUR/USD and we...

Amazon vs. eBay

Deciding to take the plunge and start your eCommerce business? That’s great, we’re here to help you with every step of the way. Are you deciding between Amazon or eBay? Don’t worry, we’ve got you covered. We’ll break it down for you with Amazon versus eBay.

eBay in general typically has lower fees than most Amazon categories – but Amazon categories such as electronics have lower fees. eBay charges 10% final value fee (FVF), while Amazon charges 15%. eBay charges a PayPal fee (2.9% of the sale price plus a flat rate of $0.30), whereas Amazon does not. eBay sellers keep an average of 5.13% more of their profits than if they sold on Amazon. However, Amazon is 10x bigger than eBay – which means it’s a more suitable platform to scale your business HUGE!

Amazon has 100s of millions of customers, whereas eBay has 10s of millions of customers. Amazon is easier to list on pre-existing products, and eBay is...

Foundational Wealth vs Generational Wealth Building

Building a foundation is the most important thing when it comes to longterm sustainability and wealth generation. What about 3 years from now? What about 5 years from now? What about 10+ years from now?

This is where generational wealth comes into play. Without looking 5+ years into the future, how will you forecast having any wealth beyond that point?

This vlog above explains it all to you. Make sure not to skip through it :)

Want to learn more from Kevin about wealth building with eCommerce online business and day trading? 

Check out his YouTube channel here: 

https://www.youtube.com/channel/UCvcTjXZG23ma1ydrByh0zjw

WRITTEN BY: Kevin Edgar