Verified E-commerce Review: Is this a scam or is this legit?

Hey guys, David Nelly here from Safe Money Makers, and today we are going to be taking a look at Verified E-commerce

Verified E-commerce is on a mission to help small businesses and individuals get their products profitable as fast as possible. They intend to do this through education. 

When navigating through their front page, and even watching their 25-minute sales pitch, of which they say is not a sales pitch, it is hard to really understand what Verified Ecommerce is really all about.

First, they put themselves into a position as teachers and attempt to explain that they teach people how to build and run their very own eCommerce store, but then they attempt to tell you that they are another one of those DFY business modules in that they will get you the best products and all you have to do is sit back and watch the money come in.

From what I can understand, they are a mix of an interactive teaching session, and they give themselves to you as a coach, and hence help you discover what products you should be purchasing and reselling.

Now, my job here at Safe Money Makers is to help you avoid bad programs, scams, and pyramid schemes,  as well as help you find that online business opportunity that does guarantee you legitimate job replacement income!  (If you are willing to put in the work)

The Premise of the product:

-Name: Verified E-commerce

-Owners: Jimmy Hill and Adam Kalish

-Summary: Comprehensive online E-commerce course.

-Opportunity Cost: Unknown, apparently you have to “qualify” to find out.

-Pros: People believe that this is a comprehensive video course. In addition to that, Jimmy and Adam will help you select your first products.

-Cons: 25-minute training consists of only about 5 minutes of actual E-commerce information, the other 20 minutes are full of nothing but fake entrepreneur flexing.

-Our rating: 0/5

-Is it a scam or is it legit: We can’t definitely say for sure, but this product feels very scammy.

-Is it David Nelly Approved? No

What is Verified E-commerce?

Verified E-commerce is an online education platform regarding E-commerce. In addition to providing a way for you to learn all of the ins and outs of dropshipping, Jimmy and Adam are also willing to lend you their expertise in order to get you profitable right away!

Now Adam and Jimmy spend a lot of the presentation trying to convince you that this is not some kind of sales pitch, and they also talk about how they are so much different from the other gurus who try to play with your emotions and sell you a bunch of nonsense, and they also explain that they are not flexors.

They even show you all of the product packaging that they do, to really get you to feel like it’s all about the grind and hard work because hard work builds trust. 

They even specifically say that other gurus wouldn’t show you the hard work behind the scenes and that “this is why you should trust us”

It’s very touching

I might have believed them to not be douchebags as well if they didn’t put this picture in their little slideshow.

Despite trying to convince me that these guys are not douchebags, I really am under the impression that these guys are massive douchebags. They also tried to convince me that they are not after my money and that I wouldn’t need to spend an obscene amount of money. I might have believed them if their application didn’t ask me how much money I should be investing into this business model.

I mean I don’t know guys, what do you think? Do these kids come off as legitimate Ecommerce experts making millions of dollars to you? I’ve seen this song and dance many times before, and in this world where everyone wants to pretend to be Jordan Belford, No one has done it better than Leonardo DiCaprio yet!

This made me laugh

In any case, based on testimonials and reviews I’ve read from other customers, Verified E-commerce teaches E-commmerce through a series of videos.

I don’t exactly know the contents of the training, and I’m sure that these folks actually do teach you useful things that can be applied to an E-commerce business, so now the question we really need to ask is…

How much does it cost to join Verified E-commerce?

Verified E-commerce does one of those sales tactics I absolutely despise in which they pretend they are important, so only “qualified” students can work with them. So you gotta go through one of those worthless surveys and regardless of what you answer, they will be happy to get your credit information in any case. 

So you gotta get a call scheduled with them in order to find out the price, if I had to take a guess, I would think it would potentially be over $5000.

How old is Verified E-commerce?

As businesses age, we trust them more. Many scams like businesses do not last past the 3-year mark, this is because the FTC or some other form of legal business entity will shut it down due to illegally scamming their clients.

Most businesses in regards to the make-money niche that I recommend have been around for over 15 years!

Verified Ecommerce as of today, October 21st, 2022 is 2 Years and 246 days old, almost at the 3 year mark. I do not recommend Verified E-commerce, but for those who chose to proceed forward with these folks, at least they can have some solace in the fact that they are still around.

Is building an E-commerce business really worth it?

Jimmy and Adam really drive home the point that anybody can do this, and you don’t need to be some kind of entrepreneur or have experience with FBA to make good money with this, but I believe that course sellers such as these two will say just about anything to get you to sign up for them.

Costs of starting a dropshipping business:

First and foremost, you are probably going to need a Shopify store subscription! Your basic Shopify subscription starts at $29.99 per month and can get as expensive as $299.99 per month.

Then, you’re going to need to pay your supplier to create your products for you, the goal of turning a profit is buying the products from the supplier, and then re-selling them for a higher profit margin.

And hey, congratulations, you now have a dropshipping store up and running, but we should not ask ourselves how much it is going to cost to start a dropshipping store, but instead, we should ask ourselves, “how much money am I going to spend before I make my first sale, and how much money am I going to spend until I reach a point in my business where I am actually generating a profit?”.

Your entire business model is based on spending money in hopes of making money.

You’re spending money on ads, tools, software, and the shipping costs for when you partner up with overseas distributors, such as Ali Express or Alibaba.

You’re spending money on artists to create logos for you if you are selling design-based products such as coffee mugs, T-shirts, bags, and so forth.

In addition, a lot of Shopify vendors, especially the ones you use overseas to save money, well…these products are known to be uh hum…defective…low quality…and it’s known in the dropshipping world that business orders are getting a lot of product returns due to these reasons.

Keep in mind that if you don’t want to spend 890% of your business work hours dealing with customer service issues, you may have to put more money into your business by hiring a customer service manager.

Case in point, your off-brand shoes aren’t going to entice people like the Nike sneakers can, so maybe instead of trying to compete against the big brand products, you may want to consider using a business model like affiliate marketing to promote the big brand products instead!

I mean hey…I’m just saying…if you can’t beat them…join them.

There’s nothing wrong with surrendering to the best business model out there in the world, trust me, it’s going to be what’s best for your pockets.

But anyway, it’s food for thought, many people are incentivized by the idea of making those millions through drop shipping, and I just wanted to give you a reality of the situation before you go ahead and hand over $5K to Jim and Adam.

Review Conclusion:

Not much information, and in fact, pretty much no information is provided on the main page of Verified E-commerce website. With that being said, I think that your best option for making money online is through affiliate marketing, not E-commerce/drop shipping.

Pros:

✅They provide some decent training to help you get started with E-commerce

✅They personally coach you and help you select your products when starting out so you can start making money asap!

Cons:

❌Little to no information is provided on their sales page, and their 25-minute training video mostly consists of them flexing and showing off their cool BMWs

❌No information was provided regarding the price, they use that fake “we only work with the most qualified individuals” on their opt-in page, which is B.S, they obviously want to make as much money as they can, and therefore in reality will work with almost anyone, even the most computer illiterate individuals there is!

❌In my opinion, Jim and Adam come across as very cocky, arrogant, and their pitch feels scammy, I would not trust an investment amount of money to these folks.

Verified E-commerce gets a…

0/5

Is this David Nelly Approved?

NO

 

Leave a Reply

Your email address will not be published. Required fields are marked *