What Is Dropshipping

A successful dropshipping business takes active work to grow so customers are happy and return. But if you implement the dropshipping tips above, and you'll be off to a strong start. When considering phone support for your online store, consider the type of dropshipping products you'll be selling. If you're a diamond boutique selling jewelry in the $1,000-5,000 range, many customers won't be comfortable placing an order that large without talking to a real person. Need some foundational knowledge and the right tools and resources, and that’s why we created this guide. By the time you’ve finished it, you’ll be equipped with the knowledge you need to jumpstart your own dropshipping business.

Is Dropshipping Hard?

Drop shippers often set up shops on social media sites. A study by two Italian cybersecurity experts found that one in four Facebook ads for fashion and luxury goods are linked to websites selling counterfeits. It’s a fast-growing trend of online middlemen who keep the difference between the wholesale and retail price and cost you extra money. And while drop-shipping is not illegal, there is a lot of room for problems and abuse for buyers and sellers. Drop-shipping is where a seller sets up a website and sells products that the seller does not keep in stock.

Find A Lucrative Dropshipping Niche

This free, comprehensive guide will teach you how to find great, newly trending products with high sales potential. When you’re a new entrepreneur, two things in short minutop supply are time and money. Startups don’t usually make a profit right away, and without the funds to pay employees, time is stretched thin for startup entrepreneurs.

It’s surprisingly hands-off, especially once you get going. A niche market is a segment of a larger market that’s differentiated by its unique needs, preferences, identity, or interests. Widely available commodities tend to have a lot of competition, but through niching, smaller businesses are able to reduce that level of competition. Get free online marketing tips and resources delivered directly to your inbox. Start by fine-tuning your website with search engine optimization to increase your chances of ranking highly in search results for relevant keywords. From there, you can invest in paid campaigns on Facebook and Google Ads to target specific audiences for your products.

If you sell small items with higher profit margins, the increased market reach may make it worthwhile to deal with the hassle and expense of offering international shipments. For others, especially small business owners that sell larger or heavier items, the added benefit won't be worth the expense and inconvenience. Even if you could implement a system that passed along extra shipping fees based on supplier location, would you really want to? Most customers balk at excessive shipping fees, especially when they assume their order is originating from one location.

That being said, it’s not as easy as coming up with a very narrowly defined audience. If you want to find a lucrative niche, you need to validate your product idea to make sure there’s an audience for it. From there, you can bid to put your product in front of a user. Try out different ad types for your Facebook offers , and see which paid campaigns convert best at the lowest price. You can discover these using tools like Google Ads or keyword.io. Plug the name of your product into the tool and you'll see a list of related queries you can incorporate into your product descriptions.