Are you considering starting your own online business? Or maybe you’ve looked for ideas to advertise your products effectively.
Check out this Ecom Tom review since it could be exactly what you’ve been searching for!
Ecom Tom is pretty much your standard dropshipping course.
If you’ve followed my blog for long, you know that I don’t like dropshipping as a business model for several reasons.
That being said, it IS possible to make money with it, so I want to give you an honest review of this particular program.
But first, let me clear the air on one important thing:
Dropshipping has never been – and will never be – a passive, recurring business. No matter what the guru might tell you, it requires constant work.
I’m telling you this from my own personal experience running several dropshipping stores on both Shopify AND Clickfunnels.
If you’re looking for a business that you’ll need to be super active in, dropshipping might be for you.
If you want to make money while you sleep and travel the world, dropshipping just isn’t it.
The main reason?
To succeed with dropshipping, you need a bulletproof system for finding the hottest new products before anyone else.
In the very best case scenario, you have a relationship with your supplier, where they give you a heads up on products that are about to pop. These relationships don’t typically come around until you’ve done 6-figures in business with the supplier.
In the worst-case scenario, you’re testing a bunch of products with ads, losing money until you find that one winner.
I’m not saying dropshipping is a bad idea based on that alone… most businesses require you to lose money before you actually make money, so it’s somewhat normal.
But let’s assume you do have the next fidget-spinner craze product months before anyone else knows about it…
That’s great! But now you’re gonna need to get people to buy it.
Translation?
- Tens of thousands of dollars in ads
- Tons of time spent split testing to find the best landing page variations, best product descriptions, best ad copy, best ad videos, etc.
Again, some people thrive on that and love it. So if you’re looking for that level of constant testing and gambling, it might be a good fit.
It’s also worth calling out that Facebook has a track record of banning you FOR LIFE from advertising on their platform for dropshipping.
Think about it: it ruins a user’s experience with Facebook when a product shows up 45 days after they’ve ordered it and is nothing like the product they thought they were buying.
So Facebook would rather ban you from their platform than risk a bad user experience.
Suffice to say, it’s a lot of stress for not much payback.
As someone that actually ran a dropshipping business, I can tell you from personal experience that your time can be better spent with other business models.
If you’d prefer a business model that generates recurring, semi-passive income, you may be interested in using the Digital Rental Method.
This means:
- No sketchy suppliers
- No razor-thin margins
- No banned ad accounts
- No super angry customers
- No spending $10K testing an ad campaign
It’s something that you could make anywhere from $2,000 – $10,000 with consistently, month after month.
A stream of income that you can build as high (or low) as you feel like building it.
If that sounds interesting, you might want to think about using the Digital Rental Method.
For the Ecom Tom review, let’s keep reading.
Who Is Ecom Tom?
Ecom Tom’s true name is Tom Cormier, but in his YouTube videos, he goes by the stage name Ecom Tom.
Ecom Tom has 36.2 thousand subscribers on his YouTube channel and has been active in the make-money-online field for some time.
From 2012 to 2016, he received a Bachelor of Science in Chemical Engineering at Worcester Polytechnic Institute.
He is an internet marketer and claims to have earned over $1.4 million on eBay and runs several successful online businesses earning $200,000 per month.
Ecom Tom’s courses specialize in the latest eCommerce and marketing industry trends, such as the Amazon and eBay courses.
In the first few months, Ecom Tom had fewer than 12,500 members and many films on themes such as eBay, selling strategies, and Amazon.
Along with Ecom Tom’s clickbait videos, he also offers live streaming and other subjects.
What Is Ecom Tom’s Net Worth?
Ecom Tom’s Youtube Channel’s net worth is projected to be $9,876 as of April 2022.
His channel is also estimated to earn $11 per day and $4,921 per year.
Despite the estimated computation, Ecom Tom’s net worth does not include his other income networks, such as his Amazon and eBay courses.
Ecom Tom’s YouTube channel is mostly used for advertising Ecom Tom’s Dropshipping courses, but what exactly is it?
What Are The Dropshipping University Courses?
Dropshipping University was founded by Tom Cormier. It’s run by Kartra, an all-in-one platform that is well-known and respected.
It offers two courses. One is the eBay course, and the other is the Amazon course.
Dropshipping University is a school that educates you on how to use the eBay platform for marketing and selling products that you buy directly from suppliers and send to your customers.
Dropshipping University Pricing
- Dropshipping University is not cheap and might be quite expensive and overpriced.
- The marketing costs of the eBay dropshipping course are about $479, and the Amazon course is $697.
- Though the course might be on the high side, according to some Dropshipping University reviews, you will truly learn from it.
- Let me further explain the courses!
Amazon Dropshipping Course
Dropshipping is not the primary focus of Ecom Tom’s Amazon course, according to some Dropshipping University reviews.
Amazon will assist you in shipping the product and receiving returns.
It will take about 15 hours to complete the 14 courses in this Dropshipping University course.
You will get access to 14 courses covering a variety of subjects, such as:
- Getting Started with Amazon Dropshipping.
- Obtaining high-profitable products
- Inventory and listing management
- Customer service and sales processing
- Tracking, feedback, and organization
- Margin maximization and tax exemption
- Topics for advanced students.
In addition to the courses material, you will get over $2,000 in self-rated extras, which include:
- The top fifteen secret suppliers
- Guide to International Tax Exemption
- Calculator for profit margins
- Special software discounts
- Accounting and bookkeeping templates
- Templates for Amazon suspension appeals
- Product sourcing documents
- Scripts for customer service
eBay Dropshipping Course
The Dropshipping University’s eBay course is pretty simple or easy to learn. This dropshipping training consists of just 14 modules and 67 videos.
It’s divided into various modules that will teach you the fundamentals of dropshipping on eBay.
You may read this to learn modules separation:
-
Module 1-2: Introduction to Manual eBay Dropshipping
The manual eBay Dropshipping is just the introduction to what you need to do with dropshipping eBay
-
Modules 3-4: Obtaining High-Profitable Items
You will also learn how to locate a reliable source for your goods.
-
Modules 5 and 6: Inventory Management and Listing
The Inventory management and listing session will teach you how to list your goods on eBay. You will learn how to create product descriptions and optimize the title and photographs for increased conversion.
-
Modules 7-8: Processing Sales and Customer Service
Processing Sales and Customer Service session teaches you how to make payments and provide customer assistance.
The customer rating on eBay has a significant influence on your sales. Therefore, you must understand how to satisfy your customers.
-
Modules 9-10: Organization and Feedback
This session focuses on obtaining favorable consumer feedback to establish a reputation on eBay.
-
Modules 11 and 12: Margins and Tax Exemption
The Margins and Tax Exemption topic focuses on increasing profit margins. Ecom Tom will recommend that you utilize cashback credit cards. You will also discover ways to decrease taxes.
Advanced Topics (Modules 13-14)
The session aims to teach you how to use sales methods to enhance your sales.
Are There Alternatives To Dropshipping University?
Yes, there are plenty of Dropshipping programs and resources to choose from if you want to pursue this business model. Here are just a few:
Is Dropshipping University A Scam?
So, time for the question you’ve been waiting for: is Dropshipping University a scam?
No, not technically speaking. They aren’t going to take your money and ride off into the sunset without delivering you access to their course.
It’s 100% possible to make money with this program, but it’s not nearly as simple as Tom Cormier wants you to think it is.
There is A LOT of upfront work to do, and no guarantee of success.
Don’t get me wrong – I’m all for doing hard work now so that I can collect checks in the future.
But if I’m going to spend 3 months of my life working super hard & spending thousands of dollars, just to break even… it’s just not worth it (in my opinion).
Think about it: what if you worked that same 3 months with just an hour or two per day, and in return you could collect a $500-$2,000 check that continues to come in every month?
Even better, what if you could actually get that first check in as little as a week?
And what if you could double or triple it over the next month or two?
That’s what you get when you use the Digital Rental Method.
All you really need is a laptop and some internet.
Some of my friends are Digital Rental Method that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, using the Digital Rental Method might be for you!
My #1 Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve dropshipped a toilet bowl putting green on Shopify
- I’ve dropshipped jade rollers via Clickfunnels
- I’ve sold fidget spinners through Amazon FBA
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.
Why?
1)Time: If you’ve got a spare hour or two each day, you can do this. You can do this if you want to drop everything and go all-in. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
Read Our In Depth Breakdown Of The Top 5 DropshippingOpp Courses For 2024
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) Ownership & Control: With dropshipping, you don’t actually own anything. You can’t control your product quality, or even what the package looks like when it shows up.
Technically you own your Shopify site… but ad platforms could shut you down at a moment’s notice… so you don’t really have much control there.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) Fulfillment: Alright, so you don’t have any inventory… but that worry has been replaced with the pains of overseas fulfillment.
That means your customer is going to have to wait 3-4 weeks to receive their order.
Then add in the current global supply chain woes… and you’re looking at 5-6-7 weeks!
Then the customer slaps you with a refund, and all of that time spent testing and spending money on ads was for nothing.
You don’t have to worry about any of that when you’re renting out digital properties.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with dropshipping, you would need to sell twice as much inventory, or double your profit margins. And I can guarantee you (from my Shopify dropshipping days) that it’s a lot harder than a few clicks & a phone call.
5) Big Margins: With dropshipping, you will often have really slim margins. That means you need to hit a serious scale to make serious money. This usually entails spending A LOT of money on ads and other methods for growing traffic to your product.
using the Digital Rental Method, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
6) You’re Helping REAL People: My biggest gripe with dropshipping is that you’re usually finding some product that’s complete garbage and are tricking people into buying it. It provides no real value to them or the world in general.
It’s cool in the short term to make a quick buck, but in the long term, it gets really old fast.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with.
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other dropshipping programs like Ecom Tom, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
