When you yourself have nevertheless much as taken a peek at YouTube for tips on doing eCommerce, then you could have stumbled across eCom Tom at some point.
Is his training on dropshipping on Ebay and Amazon something you should think about?
I do want to allow you to decide whether he is good, or whether the information and courses that he shares can be safely ignored.
So, I figured that I would put together a little bit of an eCom Tom review
Who is eCom Tom?
eCom Tom , full name Tom Cormier, is really a YouTuber and full-time eBay dropshipper. He's supposedly were able to earn over $1.4 million on eBay and currently runs numerous stores which can be apparently earning $200,000 a month. Big numbers, but you should think about that this really is revenue and not profit. You've got to take product costs, shipping fees, and eBay fees using this before you're seeing profit. Nonetheless, these are still pretty impressive numbers and its been very profitable for him.
At time of writing he's over 7650 subscribers on his YouTube channel and routinely uploads videos on eBay tips, selling strategies, recommendations of things to do and avoid and also he hosts live Q&A streams and uploads these recordings.
Among the things I love about Tom is his transparency – and he does provide us with views of his eBay dashboard – sales and earnings. One of is own videos as an example, provides us with a view of his eBay Sellers account whereby his revenue stands at $18,000 during the time of the recording. Consider though that Tom dropships from Amazon and Walmart; so a lot of this really is tied up in costs.
Tom also comes with an Instagram account, with over 15k subscribers. He posts a lot of graphics here with tips and recommendations to create your eBay dropshipping business. Its a good account to follow if you're interested in the dropshipping space.
The Truth About Dropshipping
Dropshipping has been around for some time but really blew up a couple years back as a result of Shopify (which isn't taught in Dropshipping University).
There's something gurus don't tell you about dropshipping and it's that no one actually likes dropshipping.
This can be a conclusion that I and A LOT of individuals have come to.
In reality, a pretty famous Youtube dropshipper recently stopped dropshipping to pursue alternative methods of earning profits online.
His reasoning was simple:
Dropshipping brought him no joy and he didn't know an individual person who did dropshipping and were happy with what they did.
The explanation for this really is you're not making anyone's lives better and you're just selling cheap Chinese crap to people.
Additionally, dropshipping costs a pretty wide range of money to get going with.
Even if you find someone that does the shipping for you personally you'll need to fund advertising which can be not just expensive but difficult.
You'll need thousands in ad money to be successful.
This is why I stopped doing dropshipping and do affiliate marketing. Affiliate marketing can be done for basically free and is much easier.
Amazon Dropshipping University Course
This course has about 15-hours of video material, plus countless guides together with that. It is really a more extensive version of the eBay course.
This will probably be slanted towards selling on Amazon. However, I can't see any reason why this information also wouldn't be helpful for those dropshipping on other platforms. Although, you should tailor the information to an extent.
Both courses will give you use of a mentor group, and you may have use of the instructor where you can ask questions.
eCom Tom Veridct
It's uncommon to come on top of a master who is promoting both Amazon and eBay dropshipping. Generally master's adhere to at least one platform. From his Youtube videos it's clear he's making many of his earnings from eBay first of all and Amazon. He's really transparent and does understand what he's speaking about https://scamrisk.com/ecom-tom/.
Both of these platforms are infamous to be exceptionally challenging to master and consist of plenty of competitors and the expenses of company are seldom described such courses.
It's most likely why a lot of people take a look at beginning their own eCommerce service utilizing platforms such as for example Shopify or Bigcommerce as you are able to wait to much greater revenues.
EBay and Amazon will take up to 20% of income in charges, storage and shipping. Plenty of eCommerce companies operate on a 20-30% margin so how will you reasonably make much earnings?