That’s according to a recent article in Wired, based on interviews with several current and former dropshippers 📦
Key quotes:
Ellie still runs an e-commerce business selling plastic-free products, but now holds her own stock in a warehouse. She says she can’t imagine ever going back to work for a company, but she wouldn’t do dropshipping again. “The customer gets a shit experience.”
“They claim to be making money,” says Michael Craig. He’s roiling against the so-called “dropshipping gurus” who promise to share their secrets to anyone willing to pay. Around us, would-be entrepreneurs drink juice and work on laptops, moped helmets by their side. “You cannot prove how much money they’re making. That’s the thing. It’s all bullshit.’”
All of the dropshippers I spoke with for this story feel that they are living on borrowed time. They tell me that Facebook is becoming hostile to dropshippers, and ad spend is going up.
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