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[greatme]

Well, there are hundreds of thousands of dropshipping business and some owners earn from 5 to 7 figures doing dropshipping fulltime and I cannot see why you should not at least try, maybe you will have success too.

How dropshipping works explained:
1 - the customer purchases an item from your own online store at retail price
2 - You forward the order to your supplier - you pay wholesale
3 - Now your supplier will ship to your customer under your business name

Dropshipping business plan:

Step 1. - find a profitable niche: you should take couple good hours if not days to figure out what are you gonna sell, will you go for hot items, seasonal items, trending items, will you stay under the 2kg per item limit to avoid paying extra for shipping? On average dropshippers will go for products that are at least $20 and up to $250, not more than this because will become harder to sell. Also here you must check the demand for that specific item on the market and do a lot of research on your competitors, there's high chance someone is selling already what you trying to sell. You can learn a lot from them and improve your store.

Step 2. - find dropship suppliers: critical choice for your new business, having a supplier with enough stock and deliver products to your fresh customers in time is super important. So my advice is to choose suppliers with good experience, must provide fast shipping, must have quality products so your customers will be happy and buy more from you as well recommend your products to their friends, and charging small order fees not more than $4.

Step 3. - get sales Tax ID: getting into products selling requires paying taxes to the state you belong to, this is about 10% of the sale price, you should get this at your local county clerk's office or google it online.

Step 4. - chose the selling platform: here you must choose between biggest marketplaces in the world, eBay, Amazon, and Etsy. For access, there are different fees and can go up to 15% per sale from what I read. There are more selling platforms, check local ones as well, it matters a lot what you gonna sell.

Step 5. - create your online store: for long-term, it is best to create your own online store using Shopify or similar tools. By doing this you cut fees, you have bigger profits and you have full control, and let's not forget you don't rely on anyone else's platform. The downside of this is that it requires bigger investment upfront, a higher risk of losing more money if you don't have success with your dropshipping business. And very important you will have to deal with Search engine optimization so that you rank on Google SERPs(this takes time).

Step 6. - start promoting your store: this is where many drop shippers fail, they have more expenses in getting clients than making a profit, there are many choices to drive clients, you will need to start buying either Facebook ads or Google ads for fast results, contact YouTube Influencers for reviews, for slow results you have to contact big blogs and big forums and mainly do content marketing, basically post articles with a link back to your store so it drive traffic, increase your authority and hopefully new sales. I don't recommend social media marketing and email marketing, you will need to spend too much time posting updates and requires huge following to get decent sales, this strategy used to works couple years ago before Facebook fan page update, now Facebook urges you to buy posts promotion to reach your own followers. You get the point.

 

[btaliat]

Many people that are into dropshipping business always find themselves in trouble because they always try to evade the tax that they are meant to pay to the government for being involved in such a business.

 

[Melvin441]

With the dropshipping business model, you may sell things without actually keeping any inventory. You must pick a lucrative niche, get a dependable supplier, establish an online store, import products, market your store, process orders, handle customer care, and cultivate a following of devoted customers if you want to make money.

 

[Melvin441]

With the dropshipping business concept, you may sell things online without managing fulfillment or holding inventory. You need to select a niche, locate suppliers, create an online store, find and add products, and establish your own business margins in order to generate money. Dropshipping involves time, effort, and attention to be successful, therefore it's critical to do your homework, choose trustworthy vendors, and use smart marketing techniques to drive revenue. Keeping up with the most recent e-commerce trends and best practices can also help you maintain your competitiveness in the online industry.

 

[Gen Evie]

dropshipping can be a profitable business model for merchants because you are not responsible for shipping or manufacturing. It's a low-risk business model that doesn't incur huge costs like a wholesaler would normally have and you can earn a good profit margin with the right suppliers.

 

[Melvin441]

With the dropshipping business strategy, you may sell things online without keeping any inventory. The steps to making money include picking a lucrative niche, locating trustworthy suppliers, setting up an online store, adding products and optimizing listings, attracting targeted visitors, processing orders and handling customer support, analyzing and optimizing your business, and scaling your business.

 

[Dean1]

When clients place purchases on your website, forward them to your suppliers, who will handle product packaging and shipping to the customers directly. Maintain constant communication with your provider. Analyze your store's performance on a regular basis and alter your methods as needed.

 

[Bolajimi]

[QUOTE="So aliexpress is your competitors, the advantage for aliexpress is more cheaper. Ur advantage is your niche probably and how you publicize.

Exactly. I got the same idea as you do. I'm more than sure that's a way of how to succeed in a dropshipping business with a store, very well niche pointed and widely promoted to its specific fans to the range of products you deal with.

In my opinion, reaching out to suppliers who can dropship for you in kinda partnership would be an idea to make a way in the business. So you can get only one single sample of each product in your inventory (for purposes like taking photos of to showcase in your store and gaining knowledge of the products you handle) and the dropshippers send out goods upon an order directly. It's actually a widely used way by many online retailers.

Thanks for your input anyway!! I appreciate it!!!
[/QUOTE]

I actually like Aliexpress because it has so many cheap goods but the only problem I may be having is the shipping fee and that is why I don't even buy goods from the site. I can only do that if I have someone to merge with

 

[EBUBEJAH]

One good thing about dropshipping is that you don't necessarily need to own a big warehouse or sizeable store, just with the right contact of a very reliable supplier and internet connection to reach out to your potential customers, you are very good to go, so dropshipping is a nice business, and you also need to choose a very profitable niche or things to sell to people, it must be of quality and you must also keep to time and be reliable.

 

[Japhnet]

it's not as easy as some people make it out to be. You need to find a good supplier, choose the right products to sell, and set up your online store. Then, you need to market your products and drive traffic to your store.
It's important to remember that dropshipping is a business, it takes time, effort, and some investment to get started.

 

[Japhnet]

When a customer places an order, you forward the order to a third-party supplier who fulfills the order and ships it directly to the customer. The key to making money dropshipping is to choose the right products and suppliers. you need to find products that are in demand and have a good profit margin. You also need to find reliable suppliers who can provide high quality products and fast shipping.

 

[kayode10]

One thing you need to first know is that dropshipping is a capital intensive online business. The key to make good profit is to locate where you can source for quality products at cheaper price. Most people turn to make a search in China for some of these products. You can make use of both Alibaba and AliExpress to search some of the suppliers who can supply quality products at cheaper price.

 

[walidsanto0722]

Well, there are hundreds of thousands of dropshipping business and some owners earn from 5 to 7 figures doing dropshipping fulltime and I cannot see why you should not at least try, maybe you will have success too.

How dropshipping works explained:
1 - the customer purchases an item from your own online store at retail price
2 - You forward the order to your supplier - you pay wholesale
3 - Now your supplier will ship to your customer under your business name

Dropshipping business plan:

Step 1. - find a profitable niche: you should take couple good hours if not days to figure out what are you gonna sell, will you go for hot items, seasonal items, trending items, will you stay under the 2kg per item limit to avoid paying extra for shipping? On average dropshippers will go for products that are at least $20 and up to $250, not more than this because will become harder to sell. Also here you must check the demand for that specific item on the market and do a lot of research on your competitors, there's high chance someone is selling already what you trying to sell. You can learn a lot from them and improve your store.

Step 2. - find dropship suppliers: critical choice for your new business, having a supplier with enough stock and deliver products to your fresh customers in time is super important. So my advice is to choose suppliers with good experience, must provide fast shipping, must have quality products so your customers will be happy and buy more from you as well recommend your products to their friends, and charging small order fees not more than $4.

Step 3. - get sales Tax ID: getting into products selling requires paying taxes to the state you belong to, this is about 10% of the sale price, you should get this at your local county clerk's office or google it online.

Step 4. - chose the selling platform: here you must choose between biggest marketplaces in the world, eBay, Amazon, and Etsy. For access, there are different fees and can go up to 15% per sale from what I read. There are more selling platforms, check local ones as well, it matters a lot what you gonna sell.

Step 5. - create your online store: for long-term, it is best to create your own online store using Shopify or similar tools. By doing this you cut fees, you have bigger profits and you have full control, and let's not forget you don't rely on anyone else's platform. The downside of this is that it requires bigger investment upfront, a higher risk of losing more money if you don't have success with your dropshipping business. And very important you will have to deal with Search engine optimization so that you rank on Google SERPs(this takes time).

Step 6. - start promoting your store: this is where many drop shippers fail, they have more expenses in getting clients than making a profit, there are many choices to drive clients, you will need to start buying either Facebook ads or Google ads for fast results, contact YouTube Influencers for reviews, for slow results you have to contact big blogs and big forums and mainly do content marketing, basically post articles with a link back to your store so it drive traffic, increase your authority and hopefully new sales. I don't recommend social media marketing and email marketing, you will need to spend too much time posting updates and requires huge following to get decent sales, this strategy used to works couple years ago before Facebook fan page update, now Facebook urges you to buy posts promotion to reach your own followers. You get the

best way to make money is selling products online find viral and hot product and that who everyone and start advertising on social media but with keep learning and passion because always begining is the hardest time to give thats why many people starting but few who keep griding passion and learning the power of selling

 

[Wisdom01]

One good thing about dropshipping is that you don't necessarily need to own a big warehouse or sizeable store, just with the right contact of a very reliable supplier and internet connection to reach out to your potential customers, you are very good to go, so dropshipping is a nice business, and you also need to choose a very profitable niche or things to sell to people, it must be of quality and you must also keep to time and be reliable.

Yeah dropshipping can be a flexible and low-cost way to start an e-commerce business as it eliminates the need for inventory management and upfront investment in a physical store/warehouse. Also success in dropshipping requires more than just finding a reliable supplier and a profitable niche;

 

[kayode10]

Drop shipping is one of the best ways to make money online. First you need to understand the structure on how drop shipping works. You can learn drop shipping either you learn from video course or learn from experts. This will helps to speed up the learning curve, and be on the right track to make good income with drop shipping.

 

[Wisdom01]

You are right that drop shipping can be a profitable way to make money online. The concept of drop shipping involves selling products without having to keep inventory or manage shipping and handling. Also , it is important to thoroughly research and learn the logistics of drop shipping before jumping into it.