• Should You Sell £1 or £185,000 Products? (Episode 109)

  • 2024/11/25
  • 再生時間: 32 分
  • ポッドキャスト

Should You Sell £1 or £185,000 Products? (Episode 109)

  • サマリー

  • 💻Join My FREE Online-Event: The Best-Kept Secret To A Profitable Online Shop:
    https://dropshipunlocked.com/online-event?el=podcast-109-should-you-sell


    🗣In this episode, Lewis Smith and James Eardley tackle a pivotal question for aspiring e-commerce entrepreneurs—should you focus on low-ticket products priced at £1 or aim for high-ticket items worth £185,000?


    This decision can significantly influence the trajectory of your business and overall success.


    👉 Prefer to watch this on YouTube? Check it out here ➡️https://youtu.be/QYJKDiBqYEU



    Topics Discussed:



    ★ Profit Margins: Discover how selling high-ticket items can yield higher profits per sale compared to low-ticket items, illustrated with relatable analogies.
    ★ Administrative Tasks: Explore the differences in administrative burdens when dealing with low-ticket versus high-ticket products and how fewer transactions can lead to smoother operations.
    ★ Common Misconceptions: Uncover the myths surrounding high-ticket dropshipping and why many people believe it’s harder to sell expensive products.
    ★ Building Trust: Learn practical steps to establish credibility with potential buyers and the importance of leveraging high-quality suppliers.
    ★ First Steps: Get actionable advice on what new entrepreneurs should do first when entering the high-ticket dropshipping space.



    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:



    ★ Focus on Profit: Selling high-ticket products can lead to significantly higher profit margins and require fewer sales to achieve your financial goals.
    ★ Streamlined Operations: High-ticket dropshipping typically involves lower administrative tasks, making it easier to manage your business efficiently.
    ★ Trust is Key: Building credibility with your audience is crucial for selling high-ticket items, and leveraging testimonials can help solidify that trust.


    FOLLOW:
    Instagram: https://www.instagram.com/dropshipunlocked/
    Twitter: https://twitter.com/DropshipUnlockd
    LinkedIn: https://uk.linkedin.com/company/dropship-unlocked
    YouTube: https://www.youtube.com/c/dropshipunlockedlewissmith
    Website: https://www.dropshipunlocked.com/


    Thank you for listening to the Dropship Unlocked Podcast! Don't forget to subscribe and leave a review on your favourite podcast platform.


    ★★★Dropship Unlocked - Lewis Smith★★★




    🌏Want to create location, time, and financial freedom? Watch Our Free Training ➽ https://dropshipunlocked.com/free?el=podcast-109-should-you-sell

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あらすじ・解説

💻Join My FREE Online-Event: The Best-Kept Secret To A Profitable Online Shop:
https://dropshipunlocked.com/online-event?el=podcast-109-should-you-sell


🗣In this episode, Lewis Smith and James Eardley tackle a pivotal question for aspiring e-commerce entrepreneurs—should you focus on low-ticket products priced at £1 or aim for high-ticket items worth £185,000?


This decision can significantly influence the trajectory of your business and overall success.


👉 Prefer to watch this on YouTube? Check it out here ➡️https://youtu.be/QYJKDiBqYEU



Topics Discussed:



★ Profit Margins: Discover how selling high-ticket items can yield higher profits per sale compared to low-ticket items, illustrated with relatable analogies.
★ Administrative Tasks: Explore the differences in administrative burdens when dealing with low-ticket versus high-ticket products and how fewer transactions can lead to smoother operations.
★ Common Misconceptions: Uncover the myths surrounding high-ticket dropshipping and why many people believe it’s harder to sell expensive products.
★ Building Trust: Learn practical steps to establish credibility with potential buyers and the importance of leveraging high-quality suppliers.
★ First Steps: Get actionable advice on what new entrepreneurs should do first when entering the high-ticket dropshipping space.



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:



★ Focus on Profit: Selling high-ticket products can lead to significantly higher profit margins and require fewer sales to achieve your financial goals.
★ Streamlined Operations: High-ticket dropshipping typically involves lower administrative tasks, making it easier to manage your business efficiently.
★ Trust is Key: Building credibility with your audience is crucial for selling high-ticket items, and leveraging testimonials can help solidify that trust.


FOLLOW:
Instagram: https://www.instagram.com/dropshipunlocked/
Twitter: https://twitter.com/DropshipUnlockd
LinkedIn: https://uk.linkedin.com/company/dropship-unlocked
YouTube: https://www.youtube.com/c/dropshipunlockedlewissmith
Website: https://www.dropshipunlocked.com/


Thank you for listening to the Dropship Unlocked Podcast! Don't forget to subscribe and leave a review on your favourite podcast platform.


★★★Dropship Unlocked - Lewis Smith★★★




🌏Want to create location, time, and financial freedom? Watch Our Free Training ➽ https://dropshipunlocked.com/free?el=podcast-109-should-you-sell

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