“Money without work” – young people want to get rich with dropshipping

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a new trend“Money without work” – young people want to get rich with dropshipping

Online trading known as dropshipping is a trend among young people. You buy products cheaply and earn money by reselling them. Experts warn against approaching a project without a plan B.

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Tomáš Obrecht

Tim Hague

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In the videos, users give tips or tell how they gave up their “9 to 5 job” and got rich from dropshipping.

Tiktok screenshot

They also show off their new life of luxury, posing with expensive watches, sports shoes and wads of bills.

They also show off their new life of luxury, posing with expensive watches, sports shoes and wads of bills.

Tiktok screenshot

According to Zumstein, the dropshipper does not have the products in stock, but only orders them from the manufacturer when the customer orders them.  (icon image)

According to Zumstein, the dropshipper does not have the products in stock, but only orders them from the manufacturer when the customer orders them. (icon image)

Getty Images

It’s about it

  • “Money without work” or “44,000 euros in two months”: Videos on Tiktok promise quick money with dropshipping.

  • According to experts, the idea of ​​making a lot of money in a short time with little effort is wrong in most cases.

Dropshipping instead of learning: There are teenagers in Switzerland who want to earn money by trading online. “Parents who say their kids won’t look for a learning letter because they want to get into online trading. Students who say their hobby is dropshipping. Is this normal at this point? »Writes the teacher on Twitter.

On tiktok there are tons of videos about it. Titles include “How to start dropshipping”, “Money without work” or “44,000 euros in two months”. In the videos, users give tips or tell how they gave up their “9 to 5 job” and got rich from dropshipping. They also pose with expensive watches, sports shoes and wads of bills.

18-year-old A.* tells 20 minutes: “I’ve been toying with the idea of ​​trying dropshipping. You can see videos about it all the time on Tiktok. It sounds very interesting to earn so much money in a short time and with little effort.’

This is how dropshipping works

“Young people must be aware of the consequences”

According to Daniel Kachel, a high school teacher and president of the Association of High School Teachers of the Canton of Zurich, topics like dropshipping are a hot topic among students, especially those who have not yet found a study sheet. These career aspirations are usually resolved quickly in schools. Also because the schools’ approach here is clear: “We show students that the initial training is important and that it does not have to be the final training. Many see it.”

Beat A. Schwendimann, head of the Pedagogical Office of the Swiss Union of Teachers LCH, sees it similarly: “Young people must be aware of the consequences of not having a high school qualification.” However, students should receive support if they choose a gainful occupation that is not one of the approximately 230 professions recognized by the federal government.

The WEF study “Future of Jobs” also says this: “Forecasts predict that as a result of digitalization, up to 60 percent of today’s young people will work in professions that are not yet recognized by the federal government or are still working. do not exist at all, such as Influencer or e-commerce,” says Schwendimann.

A 20-minute survey at the job fair in Zurich shows that young people want to earn a lot of money in their work.

Video: 20 minutes

“Promises on social media can be deceptive”

According to Darius Zumstein, an e-commerce expert at the Zurich University of Applied Sciences ZHAW, training options for young people need to be adjusted. In addition, schools need courses that deal with topics such as e-commerce or influencers. “The interest in e-commerce in the form of dropshipping shows that young people are interested in digital business. You have to support that commitment,” Zumstein says.

“Doing something new and attractive, preferably in conjunction with ubiquitous social media, is what motivates many young people to try digital business models,” agrees Stephan Huber, professor of education management and education economics at PH Zug. It’s all about the “dazzling prospect of making a lot of money in a short time with little effort.”

However, in most cases, this idea is wrong: “Anyone who wants to be successful in this way needs a good idea, he has to work hard, and in the end, he has to be lucky.” Many fail: “Therefore, it is naive to embark on a risky project without professionalism and a plan B,” says Huber.

Pascal Macek, managing director of Go 2 Flow E-Commerce Academy Lucerne, also warns: “Promises on social networks can be deceptive.” Although you do not need a lot of initial capital and the risk of losing money is low, it is not so easy to make money quickly and long-term with dropshipping. “Many want to offer the same products as cheaply as possible. This triggers fierce competition with enormous pressure on the price,” says Macek.

*The editor knows the name

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