Can High Ticket Drop Shipping Make You Rich?
We all want to be rich at some point in our life. Your definition of rich might be different than mine. Most people think rich means wealth and monetary; however if you have read Napoleon Hills: Thinking and Grow Rich book you will realize that monetary wealth is the bottom of his list. There is a bunch of other stuff that comes before that. It is the best book for entrepreneurship business people.
How high ticket drop shipping makes you rich.
A lot of people get into how high ticket drop shipping because they want to make a sustainable location independent income and work from home. They want the lifestyle benefits of it. It is a long journey and it is not going to make you rich right away. If you are the type of person that likes to learn a lot and you like diving into stuff and not afraid to take chances. If you will make investments and continue to work every day on your high ticket dropshipping store while learning, you will be successful. You can get rich. High ticket drop shipping assets these days. Investors more than ever before are actually looking to buy eCommerce assets.
Five years ago, ecommerce went through ups and downs, booms and busts and just recently it got into another big boom. Big ecommerce companies like Amazon, Wayfair and small ecommerce store and doing better than ever. The stores that are doing $50,000 to $100,000 and their margin is around 20%. These boutique stores are really doing well these days and they are great investment for investors.
Any investor who has $100,000 to easily drop on some asset instead of just having to sit in a bank account. You are going to make somewhere between 10%-20% ROI instead of 1%-2% ROI. Obviously, the ecommerce store is a better investment than a savings account or brokerage account.
The advantage of a high ticket dropshipping store is you can scale it without actually doing the work yourself. You can outsource people to do it for you.
The people doing the high ticket dropshipping store can connect yourself to investors. I would personally create my own market place with eCommerce Paradise to connect investors with people who have had to get dropshipping stores.
High ticket dropshipping store can make you rich, you just have to understand how to go about doing it in a very lucrative way. You have to understand what works and what needs to be done.
I have a lot of episodes or youtube videos about what you need to get started and how to become successful.
How to optimize for conversions
How to build your full ecommerce sales funnels
How to outsource and automate your business
All these things are the key and there’s a lot more.
It can take around 1 to 2 months to build out a fully optimized website.
The ETA of my turnkey packages is it takes about 30 to 60 days for the fully delivered products. It does not end there, it just begins. When you launch, you then have to optimize your traffic, funnels, and customer service. You also want to keep scaling by getting more suppliers and products. In the long run, you can get rich from high ticket dropshipping.
You will have a chance to get 6-figures with high ticket dropshipping. It would depend on how much you are going to work for it and how much you decide to create systems and processes to automate and outsource your business.
The more you practice, the better you get at it and the more efficient you will creat your systems.
Managing people is different from automation. In my opinion, it is better to create automation than it is to manage people because people make mistakes and people are painful to train. However, people are important for certain situations like creative situations, writing, and customer service.
Once you get to that point where you hit that level as I have now, you can get to the next level in your marketing career. It is fascinating and it’s been a long way since I first started over a decade ago. I am excited about the next decision as it can be a lot of crazier and more fun.
My goal is to help you guys get rich with high ticket dropshipping. To get started, go to my website ecommerceparadise.com and download the free niches list. Click the banner at the top or you can go to ecommerceparadise.com/99niches.