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cover of episode TMBA545: Is Dropshipping Still a Valid Business Model?

TMBA545: Is Dropshipping Still a Valid Business Model?

2020/5/14
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Tropical MBA: Entrepreneurship & Founder Lifestyle

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"Dropshipping" is one of the most used and abused terms in Digital Nomad circles.

It refers to the practice of selling items without keeping inventory on hand, relying instead on a third-party manufacturer to ship the items directly to the customer.

The term recently reached a much broader audience through a widely-shared piece in Wired magazine by Sirin Kale titled “‘It’s bullshit’: Inside the weird, get-rich-quick world of dropshipping”.

On today's podcast, Dan and Ian weigh in with some of their own thoughts about the article, whether dropshipping can be used to create long-term success, and the pros and cons of the business model itself.