Titled “Why I Don’t Recommend Buying from This Company,” this article delves into the author’s personal experience with purchasing a Done For You (DFY) dropshipping store. The author provides a comprehensive overview of the company’s model, which involves buying products from popular e-commerce platforms and selling them on Facebook Shops. While the author’s initial experience seemed promising, it is crucial to note that they only tested the venture for a period of 2-3 months. Despite this, the author sees the potential for long-term revenue generation and views it as a diversification opportunity.
The article also highlights the author’s journey with dropshipping, starting with their first attempt after being inspired by the book “Rich Dad Poor Dad.” It recounts their disappointing experience with Amazon FBA Drop Shipping and later discovering a new DFY Drop Shipping business that uses Facebook Shops. Instead of sourcing products from China, this business model involves partner companies sourcing products from Walmart, Amazon, and eBay. The author decided to invest a substantial amount of money into the business and began seeing sales coming in after one week. While the author acknowledges the risks and challenges involved, they remain hopeful about the potential profitability of the venture.
Why I Don’t Recommend Buying from This Company
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Introduction to the Experience
The author of this article recently decided to test out a DFY (Done For You) dropshipping service to see if the company’s claims were true. The company’s model revolves around buying products from popular online retailers like Amazon, eBay, and Walmart, and selling them through Facebook shops. While the author’s initial experience seemed simple and successful, it’s important to note that this test run only covered a period of 2-3 months. As such, the author does not recommend buying from this particular company.
Overview of the Company’s Model
The company’s dropshipping model involves sourcing products from well-known retailers and listing them for sale on Facebook shops. Instead of relying on sourcing products from China, the company takes advantage of the convenience and reliability offered by Walmart, Amazon, and eBay. This allows for faster and more efficient fulfillment of orders, as the company’s team members simply purchase or source the products directly from these retailers.
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Author’s Experience and Initial Success
The author’s first encounter with dropshipping happened after reading the book “Rich Dad Poor Dad” and being introduced to the concept of side hustles. They came across an ad on Facebook about Amazon FBA Drop Shipping, which involves buying products in bulk from China at discounted prices and then reselling them on Amazon for a profit. Despite their research and careful selection of products, their results were far from impressive.
Drop Shipping as a Side Hustle
After the disappointing results with Amazon FBA Drop Shipping, the author decided to explore other side hustle options. This is when they stumbled upon the new DFY Drop Shipping business model that focuses on using Facebook Shops. Intrigued by the simplicity and lucrative financial potential, the author reached out to the company running this new model to learn more.
Disappointing Results with Amazon FBA Drop Shipping
The author’s initial experience with Amazon FBA Drop Shipping did not yield the desired results. Despite their efforts in researching and selecting the right products, their venture into this form of dropshipping ended in failure. This led them to set aside dropshipping as a side hustle for a while.
Discovering a New DFY Drop Shipping Business Model
The author’s interest in dropshipping was reignited when they learned about a new DFY (Done For You) Drop Shipping business model that utilizes Facebook Shops. Unlike the traditional model of sourcing products from China, this new model involved sourcing products from retailers like Walmart, Amazon, and eBay. This piqued the author’s curiosity and they decided to further explore this alternative method.
Exploring Facebook Shops as an Alternative
Facebook Shops, introduced as an extension of Facebook Marketplace, offers users the opportunity to create online stores on Facebook. This allows individuals and businesses to sell products through their Facebook shops alongside listings from other sellers. It amplifies the reach and visibility of the products, giving sellers a chance to tap into a larger market.
Investing in the Business
After learning about the new DFY Drop Shipping business model using Facebook Shops, the author decided to make an investment of $10,000-$15,000 in this venture. This investment would cover the cost of setting up the shop, as well as the purchasing of products from retailers like Walmart, Amazon, and eBay. The author saw this as an opportunity to diversify their income and potentially generate long-term revenue.
Initial Success and Net Profit
After making the investment and setting up the Facebook shop, the author began to see sales coming in after just one week. In the first month, they made a net profit of $842, which increased to $1,900 in the second month. While these results are promising, it is crucial to note that the author’s experience only covers a period of two months and further monitoring is necessary to determine long-term profitability.
Long-Term Profit Potential
The author believes in the long-term profit potential of this new DFY Drop Shipping business model using Facebook Shops. They anticipate breaking even and starting to generate consistent profit within seven months if things continue to go well. The simplicity of the model, with products sourced from reputable retailers, provides a more reliable and efficient fulfillment process.
In conclusion, the author’s experience with the DFY Drop Shipping business using Facebook Shops has shown promise in terms of initial success and net profit. However, it is important to approach this venture with caution and to continuously monitor its progress. While the potential for long-term profitability seems favorable, it is always advisable to thoroughly research and understand the risks associated with any business model before making any significant investments.
