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re: My 15-year-old kid wants to start dropshipping

Posted on 6/28/23 at 2:32 pm to
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71445 posts
Posted on 6/28/23 at 2:32 pm to
quote:

Maybe I should just buy him a vending machine somewhere.


My cousin made and still makes good money running vending machines*.
This post was edited on 6/28/23 at 3:10 pm
Posted by blizzle
Dallas, TX
Member since Jan 2009
930 posts
Posted on 6/28/23 at 2:32 pm to
Are there any local restaurants he could buss tables for? That might be a good foot in the door for him to offer to do some ad hoc social media or website work that could turn into a bigger gig down the road.
Posted by TheEnglishman
On the road to Wellville
Member since Mar 2010
3111 posts
Posted on 6/28/23 at 2:37 pm to
Let him go for it. at worst he waste his time and learns something, at best he makes some money.

All you need to do is make sure he is not promising something he cant deliver. as long as he is clear on what he is marketing it wont be fraud..

I would say he needs to be cutting grass AND doing this on the side. If he starts making money at it, he quits grass.

Let him go! Support him with positivity and guide him to not make any false claims.

I wish I would have done something other that go straight to work. It wasnt till my mid 30s before I started my first business. I would have done it much sooner, had I known.
Posted by The Nino
Member since Jan 2010
21521 posts
Posted on 6/28/23 at 2:53 pm to
I had an e-commerce store that was primarily dropship. Most of the companies/manufacturers I partnered with didn't sell directly to the consumer, weren't in bigbox stores, and implemented a MAP pricing policy. I sold my store at the beginning of Covid because most of the products were made in Europe or Asia and it seemed like getting them would be problematic

It was definitely profitable but Amazon really changed the game. Very hard to compete with their free shipping and distribution network. The customer service aspect (dealing with lost or damaged products from shipping) was a massive headache and more trouble than I anticipated
Posted by WB Davis
Member since May 2018
2083 posts
Posted on 6/28/23 at 3:10 pm to
quote:

returns and credit card charge backs
So-called "friendly fraud" is murder on these types of businesses.

Imagine dropshipping a big order, then a month after delivery the payment processor notifies you of a chargeback.

The customer claims to have never received the goods, despite UPS having proof-of-delivery.

Forget trying to fight it - payment card companies accept bogus chargebacks regardless of your documentation.

So now you've lost the funds from your sale, you owe a chargeback penalty, and you still have to pay the supplier for those goods.
Posted by commode
North Shore
Member since Dec 2012
1146 posts
Posted on 6/28/23 at 3:10 pm to
The company I work for does a good bit of dropshipping to our customers. The problem your son faces is finding a product he can buy cheaper then the average consumer can find online, and then have a presence online for people to find him. My company is set up to purchase product at the wholesale level, and turn it around to our customers at the retail level. I wish him luck.
Posted by lsusteve1
Member since Dec 2004
41952 posts
Posted on 6/28/23 at 3:13 pm to
quote:

My son has been trying to come up with ways


Summary "Not do hard labor"

quote:

getting a "real" job at 15 has proven somewhat difficult thus far


Everybody is hiring right now
Posted by EZE Tiger Fan
Member since Jul 2004
50352 posts
Posted on 6/28/23 at 3:27 pm to
Subway and BurgerKing hire 15yo kids.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64077 posts
Posted on 6/28/23 at 5:49 pm to
Drop Ship is delivery technique by suppliers/distributors when they get an order for something they don't have on the shelf. In my business, I'll order 10 different items from my supplier, but let's say one of the items is out of stock, they ask me if I want to wait on the whole order to be complete or if they can ship me my 9 items and drop-ship the missing item from the supplier/manufacturer. If I need it all together for some reason, I'll wait. If I don't mind having my items piecemealed to me (increased shipping costs) but it's time sensitive, then I'll ask for drop-ship.

It's not a business model. It's an order fulfillment process.

Posted by mortgagemanlc
Member since Jul 2020
53 posts
Posted on 6/28/23 at 5:58 pm to
Many of the marketing agencies farm out social media and other marketing to 3rd parties or Fiverr, upwork etc. Anyone can be taught to do the deliverables and with Ai it’s even easier. The real money is when you understand the strategy and what marketing to implement where. With that said the avg local business owner has no clue and will pay for something that feels like it’s working.
Posted by agilitydawg
Member since Aug 2022
92 posts
Posted on 6/28/23 at 6:04 pm to
Hire him around your house and work with him to teach him to work hard and do whatever job well. Pressure washing, painting, landscaping cutting grass. As he learns from you send him out to work for others. I learned so much working with my dad that has carried with me throughout my career at Mc Donalds (I kid). Learning from failures is important too but don't just watch him strap on some wax wings and jump off a cliff.
Posted by The Nino
Member since Jan 2010
21521 posts
Posted on 6/28/23 at 6:06 pm to
ok...
Posted by PotatoChip
Member since May 2014
3504 posts
Posted on 6/28/23 at 6:11 pm to
My teenager is working with an ac company all summer. It’s very hot and hers work. He is making great money though. It will either push him into a trade like this or make him work hard to not live in this heat during the summer. Either way, he’ll make much more money than some drop shipping scam.

* hard work
This post was edited on 6/28/23 at 7:25 pm
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
43700 posts
Posted on 6/28/23 at 6:20 pm to
My son wanted me to lend him money to do this shite too but after researching it found a successful Google merchant on you tube that laid out why it was a scam and you rarely make money doing it
This post was edited on 6/28/23 at 6:28 pm
Posted by Tony Rocky Horror
Member since May 2023
312 posts
Posted on 6/28/23 at 6:25 pm to
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7478 posts
Posted on 6/28/23 at 6:26 pm to
quote:

My 15-year-old kid wants to start dropshipping
so long as he doesn’t spend any out-of-pocket money on inventory, sure. Get paid first, THEN go buy the item and drop ship it.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 6/28/23 at 6:39 pm to
quote:

My teenager is working with an ac company all summer. It’s very hot and hers work.


15? How is this even legal?
Posted by goodshotred2
Columbia, SC
Member since Aug 2013
320 posts
Posted on 6/28/23 at 7:43 pm to
I used to drop ship for a living so I'll give you the low down.

Drop shipping is essentially the practice of selling someone else's goods without holding the inventory yourself. As an example: Danner is a great boot manufacturer, but they don't have a great marketing campaign. They may enlist people or companies to market and drop ship their boots.

How to become a dropshipper. One: you need to have a website that can aggressively market the product.Two:you need good credit. Companies that are willing to dropship usually require references. After all, they are taking all the financial risk in stocking and shipping the product. You need to be able to pay them.

Bottom line: you need to be able to market the product at an agreed upon price. Vendors aren't going to give drop shipping privileges to Joe Blow trying to sell the product for $5 above cost.
Posted by Harry Morgan
Member since Sep 2019
9193 posts
Posted on 6/28/23 at 7:46 pm to
“Dropshipping” is it?
Posted by Cracker
in a box
Member since Nov 2009
17718 posts
Posted on 6/28/23 at 8:26 pm to
Fire wood it’s free from any tree company rent a log splitter sell sell sell
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