Hello, my friend and a very warm welcome back. I have been seeing reviews all over social media about this Dropship Formula Uk e-commerce business and it got me excited to check it out.
Every review I have read says that it is an amazing business that makes people money!
The course is from Simon Vernon and he says you don’t need to keep any of the items in stock yourself, that sounds intriguing doesn’t it?
It costs from £795, £1,295 to £2,495 so as you can see it is at a high ticket price. But will it be worth our time and money?
That is what we will be discovering in this review.
Disclaimer: I am not affiliated or associated with Dropship Formula Uk or Simon Vernon. If you get it I will not be compensated financially or otherwise.
The course cost is not the only thing you need to take into consideration, there are other costs that may prohibit us from moving forward.
This post may contain affiliate links. This means if you click a link and make a purchase I will receive a commission. the price you pay will not be affected.
Let’s dive right in and find out how this works, whether it is for us, and the total costs involved:
Dropship Formula Uk Overview
Product Name: Drop Ship Formula UK
Product Owner: Simon Vernon
Product Type: High Ticket Dropshipping Training Course
Website: dropshipformula.co.uk
Cost Of Purchase: £795, £1,295 or £2,495
Is It Recommended? Yes and No
I would only recommend this course if you have some previous experience in working online and you have the money needed for not only the cost of purchase but also the other costs needed.
I don’t recommend it if you don’t have any experience because there is a massive amount of competition and it is not as easy as it is made to sound!
You could easily get yourself into some serious financial difficulty.
There is one aspect that sets this apart from other dropshipping courses and that is the items are high ticket and nearly all others concentrate on small profit margins from lower priced items.
The way all of these courses work is to show you how to run paid ads and that is obviously another cost that has to be added on.
Inside there is a very small section that will teach you how to get free organic traffic but you need to know that this method can take considerable time to become effective.
Will the cost of the items prevent you from making a profit because you are unknown and people don’t know if they can trust you?
That is something you need to also seriously consider!
The business I run online pays a passive income and I don’t need to worry about any of the above to make it work.
About The Creator
If this is the 1st time you have visited one of my posts you won’t be aware of this advice, so I’m sharing it with you now.
Never buy anything from anybody until you have carried out research on the creator/founder. Luckily I do this for you!
Simon Vernon was born in the UK he disliked school and only left with 1 c grade qualification.
His 1st job was in a warehouse working 12 hour days that he also hated.
For his hobby, he started to build forums, blogs, and Adsense networks and made enough money to pay off his monthly car loan.
After quitting his job he went off to Thailand where he stayed for 6 years living on the passive income from his dropshipping business.
Then he went on to start the Dropship Formula Uk to teach others how to build a high ticket dropshipping business and he has now been an entrepreneur for more than 18 years.
Looking around on social media I found a LinkedIn profile that states Simon is the managing director of Drop Ship Formula.
In addition, he also has a small Youtube channel with 294 subscribers that’s not many since the channel is nearly 2 years old, there are mainly student review videos on there.
The place he seems to be the most active is in the private Facebook group called UK Drop Shipping & eCom by Drop Ship Formula.
There are over 2,000 members of the course to chat with.
All in all, Simon looks like a trustworthy and knowledgeable person to learn from.
What is Drop Ship Formula?
The training course inside is broken down into 8 modules each one teaching you a different aspect of the dropshipping business using high ticket items.
Most dropshipping is carried out through supplies from China, India, and other Nepal where shipping times have to be considered.
This is taught using products from the UK, this means not all of it will fit with where you live and may not benefit you. You need to take that into consideration.
Now It Is Time To Find Out More About High Ticket Dropshipping
The biggest draw for this business model is going to be the high commissions received from selling high ticket products because you only need to sell 2-5 a month for a high income.
Unlike lower priced products where you may need to sell hundreds a month for the same amount of income. The bonus with t-shirts, bags, mugs etc is more people buy them on impulse.
Not so many do that for a product that costs thousands of pounds. That fact makes this much harder work for you!
A way to overcome this issue is to spread your net further with your marketing which can be accomplished by building an email list, having a blog where you review the products or setting up a sales funnel.
By utilizing extra marketing resources will in turn increase peoples trust in you.
What Do You Get With Dropship Formula (UK)
The 8 modules are broken down into over 120 lessons so there is a lot to learn to get this e-commerce dropshipping business up and running.
There is nothing left to chance with this course, it even includes a custom made Shopify theme for you.
Module 1 Covers Niche Selection
There are 7 lessons to module 1 that total 1 hour and 40 minutes and it covers all about the importance of niche selection.
We will learn what a niche market is, how to target profitable opportunities and why to establish brand awareness.
You will look at different prices, how to choose the right products to promote, and how to validate a niche market.
Module 2 Covers Creating A Demo Website
In this module, we are going to be setting up our own Shopify store website.
This training is very thorough at over 3 hours in length and spread over 11 lessons.
Once these lessons are complete you will have a beautiful website theme complete with navigation, homepage, Logo, and other necessary pages.
Also covered is creating a professional email. Don’t skip it as it is needed for authority.
Module 3 Covers Finding Suppliers
5 lessons totalling 1 hour and 10 minutes of very valuable information about finding and contacting suppliers.
You really need to get this right as it will pay in the long run by reducing refunds and chargebacks.
Module 4 Covers Growing Your Website
9 lessons over 1 hour and 38 minutes. You will grow your website by adding a site map, Google analytics, adding discount codes and managing orders.
We need analytics to show us where our traffic is coming from as that data can be used in the future.
Module 5 Covers How To Optimize Conversions
There are 10 lessons in this module that last a total of 3 hours.
We are going to set up one of these autoresponders Klaviyo or Justuno to send out a sequence of emails.
These 2 are specifically designed for eCommerce stores.
Also covered in this module are some tricks to increase your conversions, such as using urgency and scarcity marketing strategies, social proof, and trust-building.
Module 6 Google Ads
This module is so huge it has been separated into 3 separate sections. The first one is the Google Ads Introduction.
There are 8 lessons inside and 2 hours of videos.
Learning about the basics of Google Ads, Google Shopping, Google Merchant Centre, Product Feeds, and Tracking.
The second part of this module is called Google Shopping Campaigns. There are 15 lessons, and 2 hours and 40 minutes of content.
You will learn how to set up a bidding budget, campaign segmentation, negative keywords, everything about funnel campaigns.
The 3rd part is called Google Search Campaigns. It has13 lessons and 3+ hours of content on keyword research, ad copy, and Google’s Keyword Planner.
Module 7 Retargeting For Google and Facebook
This is another long and in-depth module.
The first part is an introduction to retargeting, what it is, and how it can help you as an eCommerce store owner.
The video is 28 minutes long.
Next is an in-depth training on Google retargeting, where Simon covers everything about audience building and different types of remarketing that you can use.
This last section is about Facebook retargeting, learning all about the biggest social media platform’s business manager, the Facebook pixel, and some advanced audience building strategies.
This training is 1 hour and 30 minutes over 9 lessons.
Module 8 How To Gain More Traffic
In this last module of the Drop Ship Formula course. Simon covers some additional retargeting methods and email marketing techniques.
As well as search engine optimization (SEO), which is a form of free traffic generation.
You write blog posts like the one you’re reading now to gain free exposure on the search engines of Google, Bing, and Yahoo.
Last up you can uncover the different financing options that are available for UK residents and how to scale your business to the next level.
How Much Does Dropship Formula (Uk) Cost?
There are 3 levels that you can join: £795, £1,295 or £2,495 or if you prefer in the US $’s $1,068 $1,741 or $3,354
The 1st level gives you the foundation course.
2nd level is the Premium version, which costs £1,295.
It comes with everything that’s included in the Foundation course, plus the following additional bonuses.
A Niche Validation Service. Simon will validate your niche personally.
Mastermind Call Recordings. you will be provided with full access to every recorded call that was made before you joined this program.
All of the live calls are also recorded so you can access them as well.
The 10x Private 1 on 1 Coaching Calls. This bonus unlocks the opportunity to get personal advice and mentorship from some of the accredited expert coaches inside this course.
The top version of this program is the Ultimate version. It costs £2,495 or $3,354. It gives you everything mentioned so far plus a done for you website.
Instead of going through the building everything yourself process, you can get the team inside Drop Ship Formula to do all the work for you.
You are not able to pay in instalments, but you can apply for a PayPal credit if you live in the UK.
Can You Get a Refund?
Yes. A 30-day money-back guarantee exists with the following conditions:
– Select Your Niche
– Find a Supplier
– Build a Website
– Complete All Other Assigned Tasks
If you do all of the above and you don’t get any positive results within a certain timeframe, you will be given a refund.
The Pros Of Dropship Formula (UK)
1. The course is taught by a very successful man who has been doing this business for over 10 years.
2. There are not many people running dropshipping and e-commerce high ticket offers at the time of writing this so the concept is not overrun.
3. It has a money-back guarantee.
The Cons Of Dropship Formula (UK)
1. I don’t recommend this for novices/beginners. There is a lot to learn it can be very overwhelming and there is a high chance you will give up.
2. The course costs a lot of money and that is not all that needs to be paid for I would estimate you need at least another 2-3 thousand dollars on top of the course fee.
3. The High Ticket Business model needs a lot of trust from buyers and that could take you many months to build up.
If I was looking for a dropshipping business I would start with low ticket and switch when I had an established audience. Far safer!
Is Dropship Formula (UK) A Scam?
Simon Vernon’s course is very well laid out, taught by a very well-spoken man and very comprehensive you get exactly what you pay for.
No. It is not a scam.
This is only the second high ticket UK based dropshipping course I have come across the other one is called Dropship Unlocked.
The major problem I can see with this is that all supplies come from the UK and that is not going to suit everyone outside of Europe.
This business model works differently from others in that you have to pay upfront for each item that gets bought through your online store.
You buy it directly from the manufacturer and give them all of the necessary details, like the shipping address.
The manufacturer then sends the item out, but the money is held for a set number of days before it gets paid to you.
If you have a few thousand just lying around then this could be just right for you!
You don’t have that much cash?
A Better Alternative
The way I make money online does not require learning how to run paid ads and it actually has a product that people receive sometimes in the physical sense and in other cases a training platform.
Let me introduce you to one of the best and easiest business models around that you can use to build your online business from scratch.
It’s perfect for people who are new to online business because it is a simple but profitable business model.
This is called affiliate marketing. In affiliate marketing, you can run a business with a small cost and achieve a steady passive income without using paid ads.
It’s a legit business that you make money with by helping people.
I’d recommend you to get started with the most reputable platform for affiliate marketing: Called Wealthy Affiliate which teaches you the secrets of free traffic.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch and it has been around for 16 years.
Join over 1 million entrepreneurs all in one place!
Thanks for supporting me to the end of this post I appreciate your time.
Have a question for me then please leave it in the comments below and I will get back to you as soon as humanly possible.
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Thank you for the very honest review on Dropship Formula. It helped me understand my capacity better.
You are very welcome.
I’m happy that it helped you out.
Have a great week.
Lisa