Here is another video from Shelby Church that explains the business model of Amazon FBA (Fulfilment By Amazon). People are making a lot of money ordering products from Alibaba in China and selling on Amazon. However, it can be a race to the bottom because many are competing with the same low-quality products. Shelby gives a very balanced view of the opportunities and pitfalls. in this short video. It’s worth browsing around on Alibaba periodically to see how low cost everything is. You might get some business ideas there, as well.
How to Scale to $20M in Revenue This Year with Kevin Zhang
Kevin Zhang built a $20M revenue dropshipping business at 23 years old.
He talks about what it takes to build a successful drop-shipping business, outsourcing, hiring on Upwork, and the future of his business.
It goes to show that age and experience are no longer barriers to creating a successful business.
He talks about what it takes to build a successful drop-shipping business, outsourcing, hiring on Upwork, and the future of his business.
It goes to show that age and experience are no longer barriers to creating a successful business.