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He has a company that builds automated Amazon and Walmart stores. His goal is to help clients find financial freedom. He does this through dropshipping.
Dropshipping is a retail fulfillment method in which a business doesn't keep the products it sells in stock. When a drop-shipping retailer sells a product, it purchases the item directly from a third party (a manufacturer, wholesaler, or another retailer) that ships the product directly to a customer.
But Serioja admits, it's not always easy. Dropshipping is a risky business model.
Here are just a few of the obstacles:
- The Supplier Challenge. Perhaps the biggest challenge in dropshipping is establishing a reliable network of suppliers that represent the brand at the same high standards as the brand itself.
- Supplier Transparency and Compliance.
- Managing the Numbers.
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Dropshipping is a risky business model. Amazon and Walmart are giants. They could care less about suspending your account, so you have to comply, you have to be careful.
The marketplace is always changing.
Walmart is no longer king of retail. It is watching its margin change thanks to Amazon.
According to Serioja:
"If after fifteen months, you still didn't recover your investment, then you can apply for a refund minus any expenses," Serioja explains. "Expenses mean referral commissions, sales commissions, ad spend, what I pay my team. Those are expenses that I made already. Listen, if I cannot make back your initial money, then I don't want your money, all right? But I'm also not gonna lose any money. So I wanna give a fifteen-month money-back guarantee minus expenses."
The dropshipping automation model is tricky!
Things like refunds and the "race to the bottom" make it even harder.
If you are serious about earning money online you might consider this less risky model instead:
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