Navigating Dropshipping on Walmart vs. Amazon

This chapter explores the intricacies of dropshipping and wholesaling on Walmart compared to Amazon, focusing on fulfillment systems and branding concerns. Practical sourcing strategies are discussed, alongside the benefits and risks of high-ticket versus low-cost products. The conversation also highlights the potential of automation and team dynamics in scaling a dropshipping business while leveraging platforms like TikTok and Walmart.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

#464 Want to sell physical products without stocking inventory? In this episode, Brien Gearin talks with entrepreneur Kris McCauley about how he built a successful dropshipping business on platforms like TikTok, Walmart, and eBay. Kris shares his secrets for starting with minimal investment, automating processes, and finding winning products. They also discuss the power of influencer marketing on TikTok and the challenges of staying profitable in a fast-changing market. Whether you're new to e-commerce or looking to expand your business, this episode is packed with tips to help you succeed in dropshipping!

(Original Air Date - 8/16/24)

What we discuss with Kris:

+ Dropshipping basics and low entry barriers

+ Building a business on TikTok, Walmart, and eBay

+ Importance of automation for scaling

+ Leveraging TikTok influencers for sales

+ Dropshipping vs. traditional e-commerce

+ Finding profitable products

+ Earnings potential and profit margins

+ Challenges in product life cycles and customer service

+ Managing multiple stores and teams

+ Starting with minimal capital