eCom Tom

The eCommerce industry has seen a significant shift in the last decade. With more and more consumers shopping online, retailers have found themselves competing for market share with some of the largest companies on earth. In order to compete, many businesses are adopting blockchain technology to enable transparency in transactions as well as make it easier for customers to buy directly from them using cryptocurrency payments. Expert opinion says this will be one of the biggest trends impacting business over the next 5-10 years..

Ecommerce Tom is a drop shipping platform that allows you to sell products without inventory. The company offers dropshipping and wholesale options.

eCom Tom

Are you searching for a Dropshipping University review? Is eCom Tom a rip-off?

I’ve analyzed hundreds of these types of money-making schemes because I’m passionate about helping folks avoid frauds.

I’ve done extensive study on Dropshipping University in the last week to assist you determine whether it’s right for you. So before you make a choice, I can tell you all you need to know.

I’m not linked with eCom Tom, thus I’m not being compensated to write this review for him. So you may believe that my remarks are objective.

I’ll also tell you about a far superior option that has enabled me leave my work and earn a 4-5 figure monthly passive income at the conclusion of this article.

In this Dropshipping University review, I’ll go over the following topics.

Who is Tom Cormier (eCom Tom)?

eCom Tom Cormier is his true name. He is a YouTube sensation. He has roughly 28.6K subscribers as of this writing.

ecom tom – dropshipping university review, scam or legit?

I just gathered some basic knowledge from watching his YouTube videos. There was no material that inspired me. It’s understandable since the channel’s only purpose is to promote eCom Tom’s courses.

eCom Tom enjoys bragging about how much money he generates via dropshipping. However, the amount he displays most of the time does not reflect costs such as advertising.

Because the profit margin on dropshipping is often modest, his net profit should be significantly lower.

Recommendation: This Is The Best Option

What is Dropshipping University, and how does it work?

eCom Tom founded Dropshipping University. There are two options available. The first is for eBay, while the second is for Amazon.

Personally, I believe that eBay is no longer the best option for dropshipping. Instead, most individuals use Shopify.

Anyway, let me explain what these classes are all about.

Course on eBay

The Course on eBay is quite basic. I cannot see any special information inside this course. There are 14 modules and 67 videos only.

You’ll master the fundamentals of dropshipping on eBay.

Module 1-2: Manual eBay Dropshipping Introduction

This lesson serves as an overview of everything you’ll need to know about dropshipping on eBay. For example, eCom Tom will discuss how to adhere to eBay’s guidelines.

Module 3-4: Finding High-Profitable Products

The goal of this methodology is to find lucrative things to market. You’ll also discover how to locate a reliable source for your goods.

Module 5-6: Inventory Management and Listing

This session will teach you how to list your item on eBay. You’ll learn how to create product descriptions as well as how to optimize the title and photographs for increased conversion.

Furthermore, eCom Tom will discuss inventory management so that you can ensure that you have adequate goods.

eCom Tom, on the other hand, does not include using advertisements to increase traffic. Simply listing your items on Ebay will not result in sales.

Modules 7-8: Sales and Customer Service Processing

This module covers payment processing and customer support.

Customer ratings on eBay have a significant influence on your sales, therefore you must understand how to keep your customers happy.

Modules 9-10: Organization and Feedback

This session focuses on obtaining favorable feedback from consumers in order to establish an eBay reputation.

Module 11-12: Profit Maximization and Tax Exemption

This topic focuses on increasing profit margins. Cashback credit cards are recommended by eCom Tom. You’ll also discover how to save money on taxes.

Advanced Topics, Modules 13-14

This topic focuses on employing sales methods to boost sales.

Course on Amazon

eCom Tom’s Course on Amazon is not exactly about dropshipping. It is Amazon FBA, which requires you to send your products to the Amazon Fulfillment center.

Amazon will then assist you in shipping the items and receiving returns.

This course includes 14 units and will take you around 15 hours to complete.

Because the course is just 15 hours long, you can’t expect to learn all there is to know about Amazon FBA in that time.

You will learn the fundamentals, which include:

How to locate items and reliable providers
How to Create an Amazon Product Listing
How to handle sales
How to obtain favorable customer feedback
How to prevent Amazon from suspending your account

University Dropshipping Pricing

Dropshipping University is not cheap. The Course on eBay is $479 and the Course on Amazon is $697.

The courses are pricey in my opinion. The majority of the material is available for free elsewhere.

On the market, there are also less expensive yet superior options.

Dropshipping Issues That eCom Tom Isn’t Telling You About

I used to dropship, and I can tell you that it’s becoming more tough. Here are some reasons why I would not advise dropshipping:

1. Financial Danger

If you don’t advertise, your dropshipping shop will not sell anything. However, social media marketing charges, such as Facebook advertisements, will cut into your profits. It might take weeks or even months to break even, much alone generate a profit.

To put it another way, starting dropshipping is a HUGE FINANCIAL RISK.

2. Facebook advertising are costly and difficult to manage.

Based on the experiences of most dropshippers, the entire cost of your Facebook ads will account for at least 30% of your total sales. However, Facebook advertising are seldom successful for lengthy periods of time. Your conversion rate will drop dramatically if your target demographic has been exhausted. This may need an increase in your marketing spend. 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 takes a significant amount of time and money. If you run Facebook advertising without any prior expertise, your account will be quickly suspended for breaking their severe restrictions. Many dropshippers lose money since their Facebook marketing costs aren’t covered.

3. Customer Service

Even if you are not responsible for inventory or logistics, you must spend a significant amount of time interacting with suppliers and dealing with customers. 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. That is why creating a long-term dropshipping brand is difficult.

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. Significant product research effort

To maintain your shop profitable, you must constantly test items using Facebook advertisements to find a new successful product.

Most items in dropshipping achieve their peak in 1-2 months or even weeks. This is because if a product gets famous, several rivals will begin offering it. As a result, you must continue to seek for fresh alternatives in order to generate revenues. Because dropshipping demands commitment, consistency, hard work, and a lot of patience, most individuals who succeed do it full-time.

In fact, just handling Facebook advertisements may take up an entire day.

Dropshipping University: Is it a Scam?

Dropshipping University is not a fraud, in my opinion. At the very least, there is no proof of this. It’s not the same as ponzi or pyramid scams.

I would not, however, endorse Dropshipping University. The reason for this is because the course is relatively broad and brief. The majority of the information is available for free on YouTube.

Furthermore, making a lot of money using Amazon these days is quite tough. Because of the fierce competition on the market, the profit margin is quite low.

Furthermore, you will require at least $5000 to $10,000 to begin such a firm. If you are a novice, it may be quite dangerous. Many newbies have squandered a lot of money on items and advertisements and have yet to earn a dime.

As a result, I do not endorse Dropshipping University.

Instead, I have a much superior suggestion for you. This superior option is not only simpler but also more lucrative than dropshipping. It’s legitimate and long-term. It is possible to earn money while sleeping.

If you’re interested, continue reading to the next part.

Is There a Better Dropshipping University Alternative?

Whether you’re new to internet company, you may wonder if there’s a better business plan that doesn’t need Facebook advertisements and can be done on the side. Yes, I recommend that you begin with affiliate marketing. You won’t have to deal with customer service, which makes it more 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.

Dropshipping University Review

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What is the location of Wealthy Affiliate?

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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. All of these benefits are available without cost.

So I highly urge you to create a free account and check it out for yourself.