Are you having trouble seeing an online business that works for you? We’ll examine if eCommerce is the ideal business direction for you.
In this review, you’ll determine if Dropshipping University by ECom Tom is a good business course for you. Is eCom Tom a scam? Is it possible to make money using his methods?
We’ll go through parts of the Dropshipping University that you won’t find in other dropshipping reviews so you can decide if it’s the best dropshipping training course available.
But first, there’s something you should be aware of.
Dropshipping University 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 Dropshipping University, keep reading.
Who Is Ecom Tom?
Tom Cormier is Ecom Tom’s actual name. However, he goes by “Ecom Tom” in his YouTube videos.
Ecom Tom has 36.2 thousand followers 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 – BS in Chemical Engineering from 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 course and eBay dropshipping business course.
In the first few months, Ecom Tom had little more 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 calculation, eCom Tom’s net worth does not include his other revenue networks, such as his Amazon and eBay courses.
Most of the time, eCom Tom’s youtube channel is used to promote eCom Tom’s courses in Dropshipping, though what is it technically?
What Are The Dropshipping University Courses?
Tom Cormier created Dropshipping University. Kartra, a well-known and recognized all-in-one platform, powers it.
It offers two options: an eBay course and an Amazon course.
Dropshipping University is a school that teaches you how to market and sell items that you purchase from suppliers and ship directly to your customers using the eBay platform.
Dropshipping University Pricing
Though the course might be on the high side, according to some Dropshipping University reviews, you will truly learn from it.
The marketing costs of the eBay dropshipping course is about $479, and the Amazon course is $697.
Dropshipping University is quite expensive and overpriced. Let me further explain the courses!
Amazon Dropshipping Course
Some Dropshipping University reviews claim that Ecom Tom’s Amazon course does not concentrate on dropshipping.
Amazon will help you with shipping and receiving returns.
This Dropshipping University course consists of 14 classes and will need around 15 hours to finish.
You will get access to 14 courses covering a wide range of topics, including:
- Tracking, feedback, and organization
- Margin maximization and tax exemption
- Topics for advanced students
- Customer service and sales processing
- Getting Started with Amazon Dropshipping store
- Obtaining high-profitable products
- Inventory and listing management
You will get over $2,000 in self-rated bonuses in addition to the course content, which includes:
- Accounting and bookkeeping templates
- Templates for Amazon suspension appeals
- Product sourcing documents
- Scripts for customer service
- The top fifteen secret suppliers
- Guide to International Tax Exemption
- Calculator for profit margins
- Special software discounts
EBay Dropshipping Course
Dropshipping University’s eBay course is fairly basic and simple to understand. This dropshipping training consists of simply 14 classes and 67 videos.
It is divided into parts that will teach you the fundamentals of dropshipping on eBay.
You should read this to learn modules separation:
- Module 1-2: Introduction to Manual eBay Dropshipping
The manual eBay Dropshipping is just an introduction to what you have to do with dropshipping eBay.
- Modules 3-4: Obtaining High-Profitable Items
You’ll be taught how to locate a reliable source for your products.
- Modules 5 and 6: Inventory Management and Listing
The Inventory management and listing module will teach you how to list your products 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. Hence, you should know how to satisfy your clients.
- Modules 9-10: Organization and Feedback
This session focuses on obtaining favorable feedback from clients to build a reputation on eBay.
- Modules 11 and 12: Margins and Tax Exemption
The Margins and Tax Exemption modules focuses on increasing profit margins. Ecom Tom will recommend that you use cashback credit cards. You’ll also know ways to decrease taxes.
- Advanced Topics (Modules 13-14)
These Topics aims to teach you how to use sales methods to enhance your sales.
Is Dropshipping UniversityA Scam?
So, is Dropshipping University a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Tom Cormier 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.
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:
What Is My Top Recommendation In 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 Dropshipping University 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.