Do you know what are the biggest challenges you will be facing with a new dropshipping business? I will consider this question and look at one potential solution for this issue.
Dropshipping has become an increasingly popular method for people to create an online business with minimal setup costs and the potential to make large profits. The biggest challenge you may face if you decide to market your products through, say, Shopify or Amazon, is what niche to choose? Which products will sell well and make a good profit? How do you decide when a product becomes tired and no longer viable? Fortunately, Giancarlo Barraza has developed an online program called Product List Genie to help with these issues.
Which products will sell well and make a good profit? How do you decide when a product becomes tired and no longer viable? Fortunately, Giancarlo Barraza has developed an online program called Product List Genie to help with these issues.
I will be studying this product in depth and evaluating the pros and cons and deciding is it Legit?
Dropshipping could very well be the way you will become successful and attain your dream lifestyle.
Does living in a big house in an upscale neighborhood sound appealing? Maybe with a couple of sports cars outside and a bank balance that means you never have to worry about paying for it all?
It seems a world away, doesn’t it? An impossible dream?
Perhaps you have tried many online business courses and tools before and never found the right one? Keep reading while I help you decide if the Product List Genie is the way to get your dropshipping niche products right and attain your dream life….
The information you require is just a few scrolls away…
Product List Genie by Giancarlo Barazza, is it a Scam?
I have spent considerable time doing a Review of the Product List Genie and if you were to ask me, is it a Scam? I would have to say no…
No online marketing tool is perfect, but Giancarlo Barazza does supply what he claims so it cannot be called a scam. However, we need to decide whether the Product List Genie offers good value for money and how much difference it will actually make to your dropshipping business.
A Review of the Pros and Cons of Product List Genie
The Product List Genie is certainly an interesting concept so we should evaluate the pros and cons to consider the effectiveness of this tool and decide whether it is worth your time and investment. Some of the pros are:
- It makes the process of starting a business easier. The Product List Genie is a kind of software which identifies ideal products from a niche that will sell well. It locates the best products from online suppliers and can even auto-populate your online store with recommended content. It also features a function to analyze the probability of success of each product. This is undoubtedly useful for any dropshipping store, and especially for people who are just getting started.
- This tool is more comprehensive than similar choices available in the market. There is no lack of content provided by Giancarlo Barazza, which serves a useful function as it helps take the stress out of product selection, market analysis and even organizing your online store. This is done with the intention of allowing you to have more time to focus on another vital part of your business – creating web traffic.
- Highly effective software. The quality of the software itself is good, it is adaptable and considers market trends. It is a useful tool to add to your business and it updates every 24 hours with new product suggestions. This is a vital point as it allows you to regularly consider if it is time to refresh the products you offer before they become stale and unsellable.
As with everything in life, there are also some negatives to consider. Some of the cons associated with this product include:
- The products recommended by Product List Genie are not all perfect choices. There are various “old” products (that have been on the market for a long time) which may sell well but have reached a point of price competitiveness that the profit is too small.
- The dropshipping business model itself has some weaknesses which the Product List Genie has no way of solving. One of the biggest issues is that there is no way to control your inventory. You will always be at the mercy of your supplier to fulfil your orders. If you can`t supply on time (or at all) you will get negative feedback and potentially face issues with giving refunds, complaints to PayPal, etc. The question you will always face is… what do you do if you have accepted payment and through no fault of your own you can’t supply? I have faced this with my own online business and there is no easy answer.
- The pricing is quite high. Current prices quoted are $67-$99/month and additional coaching fees are in the $700 range. It may be too high a price for what is offered and particularly tough for a new business to afford.
- The advice with regard to using Facebook and Google ads is not perfect. It is quite a generic recommendation and using more research than provided by Product List Genie is necessary to achieve a successful outcome.
- There is a risk of copyright infringement from some of the recommended products suggested by Product List Genie. This is of particular concern when selling in the USA. Many of the recommended products are affiliated with popular sports teams and often the products you resell feature logos which you have no way of checking as being officially sanctioned which means you risk being sued.
On the face of it, the Product List Genie has a lot to recommend it. It is well marketed and has plenty of appeal to a dropshipping entrepreneur, however, there are various negatives which should factor into your thinking before you invest your money.
The Course in Conclusion
The Product List Genie presents some challenges when it comes to deciding if it is a product I can recommend. There are a few too many negatives for me to give it my wholehearted support. The price and some questionable product recommendations bother me about this tool and there are general weaknesses with this product.
Giancarlo Barazza himself is obviously knowledgable and there are some useful functions and advice included here. Ultimately, I have concluded that the Product List Genie is not something I will recommend. There are better options available for locating the best products for your online dropshipping business. My advice to you would be to investigate other choices online and find a product which offers better value.