Most people familiar with drop shipping are aware of Matthew Lepre. Even if you’ve never operated an online business before, he claims to be able to help you build a profitable 6-figure eCommerce site with minimal risk and get you selling products within 30 days.
Is the promise unrealistic? Is Matthew Lepre a conman or a legitimate business owner? eCom Warrior Academy is a course that I’ve spent some time researching to help you get the most out of it.
DISCLAIMER:
This Matthew Lepre review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Ecom Warrior Academy, by Matthew Lepre, isn’t too different from most dropshipping courses.
Sure, their marketing makes some great promise you haven’t heard from the other dropshipping gurus, but at the end of the day, no magic bullet overcomes the massive pitfalls of this business model.
Let’s get something clear:
There is NOTHING passive about dropshipping, no matter how well most course creators sell the dream.
If you want that travel-the-world-making-money-while-you-sleep-laptop-lifestyle, dropshipping isn’t for you.
To run a successful dropshipping business, you need to be constantly on the lookout for new products.
Scouring the internet for hot trends and trying to find the next fidget spinner will take hours out of your day.
Not to mention, it’s not enough to just have the hot new product…
You also need to get the customers.
That means ads…
Lots and lots of ads…
Testing, tweaking, targeting, spending thousands if not tens of thousands of dollars before breaking even.
Not to mention, Facebook hates dropshipping, meaning one of your top traffic sources could shut you down at any time.
All of this leads to a very stressful life, not a lot of money, and a lot of time wasted.
Time that could be better spent so you can actually live the life you want.
Now, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Physical Products
- Low Margins
- Long Wait Times
- Angry Customers
- Thousands of dollars testing different ad campaigns
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day running ads, researching products, and trying not to get banned by whatever platforms you’re using?
If that sounds like something you’d be interested in, check out Digital Leasing.
This is nothing like dropshipping, and that’s probably a good thing.
However, if you’d still like to know more about Matthew Lepre, keep reading.
Who Is Matthew Lepre?
Entrepreneur Matthew Lepre hails from Australia. Matthew says he makes $6,000 a month from his eCommerce ventures.
Unlike other gurus, Matthew claims to have achieved great success in a relatively short period of time.
A major red flag for me in his claims is his claim to have spent hundreds of thousands of dollars trying to find a formula that worked. Where did he get all this money if he’s broke?
Social media is where Matthew spends a lot of his time. However, the videos that I discovered on his YouTube channel are not particularly instructive. They’re personal vlogs in which he chronicles his daily activities as well as his travels.
Where Does Matthew Lepre Live?
Having returned to Australia, Matthew Lepre is working on a new training and mentoring program that teaches people how to make six figures from various online businesses.
What Is Matthew Lepre Selling?
Aside from selling books and beauty products for men and women, Matthew Lepre’s e-commerce sites bring in more than $120,000 a month.
He was aware that there was a need for it because many students had difficulty finding the information they needed. When he first started, he had trouble finding the right resources.
What Is Matthew Lepre Business?
Matthew Lepre is the founder and CEO of eCom Warrior Academy.
His mission is to spread the word about the benefits of eCommerce as a means of escaping the 9-to-5 grind. It is his job to teach people how to start their own e-commerce business and help them make money doing so.
Many people are reaching out to Matthew these days to learn more about starting an e-commerce venture.
What is ECom Warrior Academy
Australian 6-figure E-commerce entrepreneur Matthew Lepre founded the eCom Warrior Academy as an online school when he was 20 years old.
The dropshipping course was designed to teach people who want to enter the market how to run a profitable online store using Shopify.
After working in the business industry for a while and experiencing great success in his eCommerce business, Matthew Lepre decided to create an educational program for beginners and those struggling with their eCommerce business and needing a coach to help them sort things out.
What Does The ECom Warrior Academy Training Is All About?
It is simply one of the dropshipping courses available online. Those who are new to dropshipping will benefit from this course. eCom Warrior Academy is a waste of time if you’ve already mastered dropshipping.
It’s possible to learn how to set up a Shopify dropshipping store from the ground up and learn about social media marketing from Matthew. Customer service, shipping and logistics, and branding are also hot topics.
Similar to other courses online, you’ll have access to the course videos and updates for the rest of your life.
What Can You Expect To Learn At The ECom Warrior Academy?
Matthew will walk you through it step-by-step:
- How can you start a dropshipping business with Shopify from the ground up
- How to find on-demand products for your store’s inventory
- How can you use Facebook and Instagram to generate leads?
- An overview of how to provide outstanding customer service, as well as branding and logistics
- For the rest of your life, you’ll have access to video-based instruction via their website.
- New training materials are made available each month to keep him to his word.
What Else Does EWA Offer Besides Training?
In addition to training, Matthew Lepre offers his students coaching and support.
When you buy his training, you’ll get the following:
- Access to a closed Facebook group with some free training video.
- Two monthly group mentorship Q&A calls.
- Calls for daily development and feedback.
- Unrestricted access and direct email coaching.
Let’s go to the next section of my eCom Warrior Academy review to determine how much money it will cost you to enroll in Matt Lepre’s program.
Is ECom Warrior Academy Free?
No. The eCom Warrior Academy is not a free training program. The course will cost you $4,000. At least, that’s the most common price I’ve seen reported online.
How Much Does Matthew Lepre’s Course Cost?
Matthew Lepre’s training is only available to those who have made a $4,000 investment.
Isn’t it pricey?
Other training programs in the Dropshipping or eCommerce industries offer courses at a lower cost of entry than this one.
However, since he didn’t provide any additional information beyond the basics, I can’t say if it’s a good value for the money. To do that, you’d have to make a phone call or a sales call.
Because of his experience and success in this field, I’m confident that he can provide you with some helpful information. Are the costs justified?
Dropshipping may help if you’re a beginner and you’re determined to succeed. Dropshipping, however, isn’t all it’s cracked up to be, as you’ll see in a moment.
How Does Dropshipping Work?
Dropshipping removes most of the retail market’s entry barriers, making it possible for anyone with an internet connection to participate.
Briefly stated:
With a dropshipping supplier, it’s easy for you to find products to sell on your site.
Customers can shop at your online store instead of going out of their way to drive or walk to a store.
As a result, your potential customer base is now global rather than having a small local market.
Once they’ve placed an order, you have to approve it and pay the vendor.
Ship it on your behalf, and they will deliver it to the customer for you.
The product is delivered via the postal service.
After subtracting all costs and expenses from a sale price, what’s left is your profit.
If you’re not careful, selling an item may end up costing you more money than it brings in.
Is Dropshipping Business Still A Viable Business Model In 2024?
It has become increasingly challenging to run a dropshipping business model.
To make six figures from dropshipping, it’s going to take a lot of hard work and sacrifice on your part.
My concerns about dropshipping include the following.
There is a financial risk.
It is unlikely that your dropshipping store will make any sales if you do not advertise.
Additionally, the cost of Facebook advertisements is rising, which will eat away your profits.
You won’t glimpse a return on your investment for weeks or even months before you break even.
To put it another way, dropshipping entails significant financial risk.
Creating a Facebook advertising campaign is both expensive and time-consuming.
On average, according to dropshippers’ findings, the total cost of Facebook advertising should account for at least 30% of your total sales revenue.
On the other hand, Facebook advertising is rarely effective over an extended period of time.
It is no longer effective when your advertisement has exhausted the audience’s attention.
As a result, your total revenue will be significantly reduced, and you may even experience a net loss.
According to Forbes magazine, Facebook’s ad expenses have increased by 90 percent in the last year.
The learning curve for Facebook ads is incredibly steep, as Facebook’s algorithm changes regularly, making it even more challenging to master.
Facebook Ads require a significant investment in your time and money to learn about and test.
If you run Facebook ads without prior experience, your ad account will be suspended for violating Facebook’s stringent regulations, which, it seems, are becoming stricter by the day.
Customer Service is Important
Operating a dropshipping business model takes a significant amount of time and effort to communicate with suppliers and deal with customer support.
You must wait for your supplier to respond if your client has a problem with the product. If your supplier is uncooperative, you will be on your own to bear the consequences of the loss.
As a result, many dropshipping stores have received negative customer feedback and have received no repeat business.
A high number of credit card chargebacks is to be expected in the worst-case scenario, and your payment gateway may be forced to close due to this.
Product Research takes up a significant amount of time.
Always find a product that has the potential to go viral to cover your advertising costs and keep your store profitable.
Most dropshipping products reach their zenith in 1-2 months, if not just a few weeks. Many competitors will steal your product and create a more effective advertisement. Alternatively, they could increase their Facebook ad spending to outbid you.
As a result, you must continue to look for new cash flow sources to maintain your current level.
People may post revenues and success stories on the internet, but they do not always disclose how much money they made.
Some of them may be profitable, but this is not a long-term strategy.
As tempting as it may seem, the dropshipping business model is not as passive as it appears.
It’s not uncommon for dropshippers to make a full-time career out of their business, as the industry requires constant product acquisition and store openings, as well as experimentation with marketing strategies and new suppliers.
Is Making Money Online Really Possible With ECom Warrior Academy?
If you run a successful eCommerce business, you can earn money. It’s a common misconception that dropshipping is a way to make money online without any effort on your part.
This will take a substantial amount of time and effort.
Dropshipping, like affiliate marketing, has a lot of moving parts that many people find difficult.
Lapre’s social media and the eCom Warrior Academy sales pages have examples of students making money from their online stores.
Keep in mind that profit margins in dropshipping can be as low as 10-15 percent, which we see all over the internet.
For the month, these stores either made or lost money.
To put it another way, even with a topline income of $17k,
At a 10% profit margin, you’ll make $1,700.
To be honest, you may not have a reliable source of income from which to walk away from your current position.
In particular, because of the broad scope of numbers that can be obtained through Facebook ads.
Trends that are constantly shifting have a significant impact on the sales of tangible goods.
There is no way to really know how many of their students actually earn a living and have a laptop lifestyle from their Instagram posts.
It’s critical to accurately understand profit margins, cost, demand, saturation, and initial investment before launching a new business model.
In reality, dropshipping is more complicated than these revenue screenshots show.
Profit is the only thing that matters in the end. It’s not a matter of money.
You won’t eat if your company doesn’t make money.
Is ECom Warrior Academy A Scam?
So, is ECom Warrior Academy a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Matthew Lepre makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months, $3-5k in the hole on ads (because that whole “get started with $5 a day” thing is total BS) and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Leasing.
And, unlike dropshipping, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Is ECom Warrior Academy Legitimate?
Yes, Matthew’s mentorship program is absolutely legitimate, and you will undoubtedly gain valuable knowledge from participating in it. This online course, on the other hand, is quite expensive.
Final Thoughts
Compared to most other courses where you’re simply provided with a set of videos to watch and hoped to figure it out for yourself, there’s something about eCom Warrior Academy that gives me more confidence in Matthew and Stallon.
Both Matthew and Stallon appear to be well-versed in their fields. They seem to be genuinely interested in assisting others in achieving success as entrepreneurs.
The financial aspect of eCom Warrior Academy is an area in which I have serious reservations.
This EWA course is one of the more expensive alternatives available on the market.
It’s difficult to find any terms of the agreement that specify exactly what you can expect in exchange for handing over your money, let alone a refund policy if everything goes wrong.
Finally, because of the economy’s direction due to the impending recession.
They were taking bets on whether people will continue to make impulse purchases and purchase non-essentials while unemployed, or fearing the prospect of being laid off is not a good idea.
Dropshipping is a business model that I cannot recommend because a better business model is recession-proof and has significantly higher profit margins.
Are There Alternatives To Ecom Warrior Academy?
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:
What Is My Top Recommendation For Making Money Online In 2024?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With dropshipping, you don’t really own anything. You have no control over the quality of products. You don’t even own the products because they go straight from the supplier to the customer.
Yes, if you’ve got a Shopify store, you technically own that. But if every ad platform suits you down, you’ve got a store with no customers. Which is literally worthless.
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Ok, so technically you don’t have to worry about inventory since you’re not filling up your garage or a warehouse with products.
But, you still have all the headaches of a physical products business.
Since most dropshipped products come from China, you already have a 2-3 week wait time from when a customer places an order.
But right now, with global supply chain issues, your customers would be lucky to get anything in less than a month.
Imagine finally landing your first customer after months of experimenting, and then getting hit with a refund request or chargeback because they had to wait 6 weeks to get their order.
With Digital Leasing, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with dropshipping, you’d have to double your inventory, your profit margins, OR your average order value. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. 99.9% of the time, dropshipping provides no value to anyone but the seller.
In a lot of cases, it has a negative impact on the customer because of poor product quality and an overall bad experience (i.e. waiting 6 weeks to get your order).
And that makes it pretty hard to sleep at night.
But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like [insert program name] which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
