Lesson 2: The pros and cons of dropshipping

Like anything else worth having, starting a dropshipping business isn’t easy, and it comes with challenges.

But first, let's start with the positives:

Dropshipping gives you the opportunity to start an eCommerce business with very little upfront costs, and a low barrier to entry.

• You don’t worry about inventory and shipping
• No warehousing costs
• Products are ready to ship
• You can work from anywhere, at any time

But we want you to go into dropshipping with a full visual of the landscape. So here’s the downside of dropshipping.

And now the challenges:

• Low-profit margins (initially)
• There's a lot of competition
• You have very little control over the supply chain
• It can be difficult to build a brand

But don’t fret, nothing worth having is ever easy, so we’ve dedicated this course to help you build a dropshipping business that has a competitive advantage and leaves your competitors in the dust.