How I Would Learn Dropshipping Going Into 2024 (If I Could Start Over)

This video is about how the speaker would learn dropshipping in 2023 and going into 2024, discussing the importance of saving up money, the differences between low and high budgets, and the abundance of resources and tools available for learning in the current e-commerce landscape.

This video by Austin Rabin was published on Jun 21, 2023.
Video length: 12:26.

The video is about how the speaker would learn dropshipping in 2023 and going into 2024 if they had to start over.

They discuss the importance of saving up money to invest in the business, the differences between low and high budgets, and the learning phase of dropshipping. They emphasize the abundance of resources available in 2023 compared to when they started in 2018, including case studies, courses, mentorships, and software tools.

They also advise against rushing into dropshipping without taking the time to learn and understand the industry.

• Building a successful dropshipping or e-commerce brand requires money to invest.
• Take advantage of the wealth of content and information available to learn about dropshipping before starting your business.
• Dropshipping has a learning curve, and it's important to spend time learning before diving into the business.
• Compared to 2018, there is now an abundance of content, courses, mentorships, and softwares available for learning dropshipping.
• Emphasize the need to spend a good amount of time in the learning phase.
• Testing phase is where you will learn the most.
• Paid traffic is more sustainable and reliable for growing your business.

How I Would Learn Dropshipping Going Into 2024 (If I Could Start Over) - YouTube

Section 1: Importance of Saving Up Money

• Building a successful dropshipping or e-commerce brand requires money to invest.
• The more budget you have, the better you can make your brand and increase your chances of success.
• Cut back on unnecessary spending and save up money to allocate towards building your brand.
• Low budget options include running organic traffic, not paying as much for apps and software, and doing everything manually.
• With a higher budget, you can outsource tasks, invest in better apps and tools, hire a coach or mentor, and test more products and angles.

Section 2: Abundance of Resources and Tools

• In 2023, there are numerous resources available for learning dropshipping, including case studies, YouTube videos, courses, and mentorships.
• Take advantage of the wealth of content and information available to learn about dropshipping before starting your business.
• However, don't overthink and try to learn everything before getting started, as a lot of learning happens while running the business.
• Softwares and tools can also greatly assist during the learning phase and throughout your dropshipping journey.
• Learning from others' experiences and staying updated with the latest strategies and trends is crucial for success.

Section 3: The Learning Phase

• Dropshipping has a learning curve, and it's important to spend time learning before diving into the business.
• Learning helps you understand the concepts, avoid mistakes, and grow your knowledge and skills.
• Don't rush into paid ads and expect immediate success; take the time to learn and understand the intricacies of dropshipping.
• Learning can be done through programs, YouTube videos, case studies, and hands-on experience.
• While learning is important, some knowledge can only be gained through running the business and facing real-world challenges.

How I Would Learn Dropshipping Going Into 2024 (If I Could Start Over) - YouTube

Section 4: Easier Learning in 2023

• Compared to 2018, there is now an abundance of content, courses, mentorships, and softwares available for learning dropshipping.
• Take advantage of YouTube videos, case studies, and other resources to gain knowledge and insights.
• Learning in 2023 is easier due to the availability of information and tools.
• However, don't rely solely on learning; practical experience and problem-solving while running the business are also crucial for growth.
• Stay updated with the latest strategies and trends to adapt and succeed in the ever-evolving e-commerce landscape.

Importance of Learning Phase

• Emphasize the need to spend a good amount of time in the learning phase.
• There is a lot to learn in dropshipping and e-commerce.
• Jump into the business and learn from the problems that arise.
• Take the leap and see what works and what doesn't.
• Learning phase is crucial before moving on to the testing phase.

The Testing Phase

• Testing phase is where you will learn the most.
• Running an e-commerce or dropshipping store requires analyzing data.
• Customer behavior and data will tell you what is working and what needs to be changed.
• Use paid traffic or organic traffic to gather data.
• Organic traffic can be obtained through social media platforms like TikTok and Instagram Reels.

Learning from Organic Traffic

• Use organic traffic to acquire data for free.
• Order the product to your house and create user-generated content.
• Film videos of your product in good lighting and backgrounds.
• Edit the videos and post them on TikTok and Instagram Reels.
• Engagement on these platforms will indicate what works and what doesn't.

Moving into Paid Traffic

• Paid traffic is more sustainable and reliable for growing your business.
• Learn from organic traffic and use the best-performing ad creatives for paid traffic.
• Paid traffic is more scalable and can reach a larger audience.
• Choose the right platforms for paid traffic based on demographics.
• Ensure that the ad creative looks native to the platform.

Summary

• Paid traffic requires setting up campaigns, copy, call to actions, and testing different marketing angles.
• Even with a healthy budget and great marketing angle, paid traffic may not always be profitable.
• Analyzing paid traffic data helps identify areas for improvement and optimization.
• Paid traffic is sustainable and allows for scaling up and focusing on testing more marketing angles or products.
• Dropshipping and online businesses offer the flexibility to work from anywhere in the world.
• There are full-length videos and tutorials available on the speaker's channel for learning and starting a dropshipping business.

Watch the video on YouTube:
How I Would Learn Dropshipping Going Into 2024 (If I Could Start Over) - YouTube