Chris Koerner
๐ค SpeakerAppearances Over Time
Podcast Appearances
What else?
$500, what else could you do?
Okay, do you want a physical business or an online business?
Or does it not matter?
What about a physical one?
All right, for a physical one, I would... Have you heard of drop servicing?
No.
So the phrase drop shipping kind of has a bad rap, and some of it for good reason, which is basically...
Buying a product in China, having a website for it, and basically having the Chinese manufacturer or the supplier ship it directly to your customer so you don't have to take possession of the inventory, right?
Drop servicing is doing something similar with a service.
Let's call it a home service business, right?
So in this case, it would look like a garage repair company that has a website that looks like they have a physical presence in a market, but is really just a lead gen factory, right?
And so what you're doing is you're using Facebook or Google Ads to generate leads, kind of like what you were doing on Facebook for a local business.
And then instead of just selling the leads for $20, you're actually doing more of the work.
You're subcontracting out the work to a local business that actually repairs garage doors.
They're the fulfillment arm of the business.
You're the marketing arm of the business.
Right.
So in essence, you have a garage repair business without actually having one.
Like you don't know anything about garage doors.