Matthew Lepre is the co-founder of a blockchain startup called Binance. He has been in the cryptosphere since 2013 and was one of the early enthusiasts for bitcoin. He graduated from UC Berkeley with degrees in Computer Science and Mathematics, but his career path had more twists than any math equation could solve.
Matthew Lepre is an American entrepreneur and founder of the e-commerce company, Overstock.com. He has a net worth of $1.2 billion dollars as of September 2017.
If you’re interested in dropshipping, you’ve probably heard of Matthew Lepre, who promises to be able to help you construct a lucrative 6-figure eCommerce site with very little risk and start making sales within 30 days, even if you have no experience with the internet.
Is it possible that the promise is too wonderful to be true? Is Matthew Lepre a liar or a con artist? I spent some time completing extensive study in order to assist you in delving further into his course Ecom Warrior Academy.
After reading this review, you should be better equipped to decide whether or not to invest your hard-earned money in this dropshipping course.
I’ll also tell you if dropshipping is still lucrative in 2020 at the conclusion of this essay. Whether not, you may be wondering if there is another option.
Yes, I’ll show you a far superior company strategy that is thriving and can help you earn a respectable passive income with no risk.
Here’s what I’ll be talking about in my Matthew Lepre and Ecom Warrior Academy review.
What is Matthew Lepre’s background?
Matthew Lepre is a Sydney-based self-made entrepreneur. Matthew claims that he moved from being bankrupt to developing many thriving eCommerce enterprises that generate six figures every month. 
Matthew claimed to have obtained the outcomes in a few short years, which is similar to the claims I’ve heard from other gurus.
What interests me is Matt’s warning about the challenges of eCommerce and his claim that he spent hundreds of thousands of dollars investigating the best tactics for creating a successful eCommerce shop. But how did he receive the money in the first place?
Matthew has a YouTube subscriber count of 67.6k, a Facebook fan count of 17.8k, and an Instagram follower count of 296k.
However, since most of Matthew’s Youtube videos are about his travels and lifestyle, the material isn’t very instructional.
Recommendation: This Is The Most Effective Alternative
What will you study at the Ecommerce Warrior Academy?
This course is for those who are new to dropshipping. If you’ve done dropshipping before, you probably won’t get anything out of Ecom Warrior Academy.
Matthew can teach you how to build up a Shopify dropshipping business from start and utilize social media marketing to generate traffic to your website if you’re a newbie. Branding, shipping and logistics, and customer service are all prevalent themes.
You may have lifelong access to the course videos, as well as any upgrades, as with other online training programs.
Ecom Warrior Academy: A Quick Overview
This course isn’t a rip-off. However, the issue remains as to whether it is worth $4,000. After all, what you’ll learn is essentially the same as what you’ll learn in other dropshipping courses. In reality, since this is a simple introduction for novices, you can obtain a fully free guide from Oberlo or elsewhere; just spend a few minutes searching on Google and you’ll find it.
Worse, I discovered that there is no information regarding the training on the Ecom Warrior Academy web page.
There isn’t a course plan or a list of topics that will be addressed. All of the Call To Action banners are shown, pushing you to click for more information.
When you click the banner, you’ll be led to a free training video including Matthew’s 42-minute sales presentation.
Matthew, much to my regret, does not provide any useful information concerning dropshipping. He tries to instill in you the fantastic ideals of eCommerce, such as how it may drastically alter your life.
Employees in a 9-5, college students, and start-up entrepreneurs, according to Matthew, are three types of individuals who will profit from his instruction.
After that, Matthew tells you about his past and shows you around his lavish living. This is followed by some of his students’ success stories.
Matthew pledges to show you his three-step strategy for making millions of dollars every year. However, it turns out that he simply spoke a few technical phrases and didn’t go into depth on how to implement the three pillars. Then he goes back to trying to get you to join Ecom Warrior Academy.
So you don’t know what Ecom Warrior Academy is all about?
Yes, I didn’t have either at the time.
It isn’t until the sales call that I begin to comprehend Ecom Warrior Academy and its $4000 price tag.
Matthew Lepre: Is He a Scam?
I don’t believe Matthew Lepre is a con artist.
But, in the end, will he be able to keep his promises?
After all, you’ll just gain a rudimentary introduction to dropshipping, and even Matthew emphasizes that the training is intended for novices.
It is a novice level course if it is solely intended for beginners. So, how can it assist you in earning a six-figure salary and living your ideal life?
This is exacerbated by the $4k price tag, which represents a significant commitment for newcomers.
Despite the fact that the course includes a mentoring program, you will not have direct access to Matthew. Mentorship is provided via a consultant and feedback calls with Stallon Zayya (anonymous), as well as email and community assistance through a closed Facebook page.
Recommendation: This Is The Most Effective Alternative
Is Dropshipping Still a Good Idea in 2020?
As a seasoned dropshipper, I can tell you that the process is becoming more complicated. If you want to establish a six-figure dropshipping company, you’ll have to put in some effort to understand out how it works.
Here are a few reasons why I don’t think dropshipping is a good idea:
1. Financial Danger
If you don’t advertise, your dropshipping shop will not sell anything. However, Facebook ad expenses are increasing, eroding your PROFITS. It might take weeks or even months to break even, much alone make a profit.
To put it another way, dropshipping requires you to assume a LARGE FINANCIAL RISK.
2. Facebook Ads are Expensive and Time Consuming
Based on the experiences of most dropshippers, the total cost of your Facebook ads will account for at least 30% of your entire sales.
However, Facebook advertising are seldom successful for lengthy periods of time. Your ad becomes useless after the audience has been fatigued. Your overall income will be much reduced, and you may even lose money.
According to Forbes, Facebook’s ad expenses have increased by 90% year over year.
Worse still, since Facebook’s algorithm is always changing, the learning curve for Facebook advertisements is rather high. Learning and testing Facebook Ads will take a significant amount of time and money.
If you run Facebook advertisements without any prior expertise, your account will be suspended for breaking the company’s rigorous standards.
3. Customer Service
You must spend a lot of time negotiating with suppliers and dealing with customer support while dropshipping.
You must wait for your supplier to assist you if your client has a problem with the goods. You must face the loss if your supplier is not cooperative. As a result, many dropshipping shops have negative customer reviews and no repeat customers.
In the worst-case scenario, you should anticipate a high number of credit card chargebacks, putting your payment gateway at danger of being shut down.
4. A significant amount of effort was put into product research.
To maintain your shop profitable, you must constantly locate a product with the potential to become viral in order to pay the expenditures of advertising.
Most items in dropshipping achieve their peak in 1-2 months or even weeks. This is due to the fact that numerous rivals will copy your goods and make a better advertisement. Alternatively, they may boost their Facebook ad spending to outbid you.
As a result, you must continue to identify fresh substitutes in order to generate cash flow.
People may report revenues on the internet, but they do not disclose the net revenue.
Some of them may be profitable, but it isn’t long-term.
The dropshipping business idea isn’t as simple as it seems. The majority of individuals who succeed at dropshipping do it full-time since it demands you to constantly source new goods, create new businesses, test new marketing, and hunt for new suppliers in order to maintain a consistent revenue.
Is There an Easier & Better Alternative to Dropshipping?
You could ask whether there is a better business strategy that doesn’t need Facebook advertisements and can be done as a side hustle if you don’t want to squander your time or jeopardize your hard-earned money.
Yes, I recommend that you begin with affiliate marketing. You don’t even have to deal with customer service, so it’s a lot simpler and less time consuming.
Affiliate marketing allows you to operate your company for absolutely little money. Most significantly, you won’t have to spend any money on product development.
However, how much money can you make with affiliate marketing?
A 21-year-old student from my #1 rated affiliate marketing training platform earned $7,395 in only one week, or more than $1000 per day…all while utilizing free traffic strategies and affiliate marketing.
Wealthy Affiliate has been around for almost ten years and has a long list of success stories. Here are some more inspirational success stories from Wealthy Affiliate members to offer you additional examples.
What is the best way to join Wealthy Affiliate?
Wealthy Affiliate offers a very straightforward price structure. It offers both free and paid membership options.
You may join up for the beginner membership here if you want to get a feel for Wealthy Affiliate (no credit card required). You may choose to be a free member for an indefinite period of time.
As a starting member, you’ll get immediate access to the community, live chat, over 500 training courses, two classrooms, networking, comments, one free website, and the keyword tool.
You may take advantage of all of these benefits without spending any money.
So I highly urge you to create a free account and check it out for yourself.
Recommendation: This Is The Most Effective Alternative
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