Description

👉 Ready to start your own online store? Start here:
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🗣 In this episode, Lewis Smith and James Eardley discuss the dramatic changes in the dropshipping landscape, specifically how the new tariffs are impacting low-ticket products and reshaping the industry. 

With the introduction of higher tariffs on products from China to the US, the dropshipping business model is no longer as simple as it once was.

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Topics Discussed:

• The Impact of Tariffs on Dropshipping:
  • How tariffs are significantly affecting low-ticket dropshipping.
  • The increased difficulty of importing products from China into the U.S.
• Pivoting to High-Ticket Dropshipping:
  • Why high-ticket items are a safer option in this changing landscape.
  • How higher price points offer greater margins and a buffer against unexpected costs.
• The Shift in Mindset for Entrepreneurs:
  • The importance of adapting your business model to thrive in a changing market.
  • Real-world examples of success with high-ticket dropshipping and local suppliers.

Links and Resources Mentioned:

• Pick up a copy of Lewis’ book: https://dropshipunlocked.com/book
• Get Shopify for £1 a month for 3 months: https://dropshipunlocked.com/shopify
• Get a free trial with a professional phone line: https://dropshipunlocked.com/circle

Key Takeaways:

• Adapt to the New Reality:
  • With tariffs impacting low-ticket dropshipping, it’s crucial to pivot towards high-ticket items to ensure sustainable profit margins.
• Shift Your Mindset:
  • Embrace the changes in the dropshipping world as an opportunity to improve and build a more profitable business model.

Learn More:
 ➡️ When people are ready to create time and financial freedom for themselves, they visit - https://dropshipunlocked.com/start?utm_source=podcast&utm_medium=podcast&utm_campaign=ep134-emergency
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• Website: https://www.dropshipunlocked.com/

Dropship Unlocked - Lewis Smith

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...Even If You Don't Yet Know Which Products To Sell

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