00:00:00 In this section, Luke Belmar discusses the evolution of dropshipping and emphasizes that it is still very much alive and well in 2023. He advises against using outdated tactics and instead encourages innovation, intelligence, and understanding of current trends. Luke believes that dropshipping success requires quality products, good customer service, and the ability to read customer data. He also suggests exploring alternative platforms such as Pinterest, Bing ads, SEO, and TikTok to diversify and expand audience reach. Luke dismisses claims that dropshipping is dead as amateurish and argues that it simply requires continuous refinement and adaptation to stay ahead of the competition.

• 00:05:00 In this section, Luke Belmar emphasizes the importance of scaling a product while ensuring a steady supply of customers. He discusses the significance of effective supply chain management, especially during Chinese New Year when supply chains tend to tighten. Belmar emphasizes the need for efficient logistics and customer service to ensure timely delivery of products to customers within a few days. He also emphasizes that although the dropshipping business model may change over time, it will still remain relevant in the future. Belmar advises aspiring dropshippers to analyze and adapt their strategies, rather than giving up, as dropshipping requires intelligence and strategic execution. He concludes by emphasizing the need to treat dropshipping as a real business and to approach it responsibly, highlighting the importance of adapting to the evolving rules of the game.