Hello My dear people,
Many people are getting into this business. Many are having many doubts people step back nearly 9 out 10 people leave drop shipping after some time. Even I had some doubts So I am asked a person about this.She has been in drop shipping business since 10 years. She is running successfully.
Cynthia Ly, self employed Entrepreneur
Lets here from her
This is a very common question that gets asked every day.
I remember when I started dropshipping 10 years ago when very few people are doing this. But slowly there were more and more dropshippers creating their own Shopify stores.
Competition is inevitable in any business. With more sellers in the online market, the costs of advertisement on Facebook, Instagram, Google, Twitter and Reddit increased as well.
Dropshipping became very popular. The idea that anyone is able to selling thousands of products without holding inventory was all the hype! The Shopify dropshipping business model went viral all over the world.
Many physical retail stores are starting to shut down and declare bankruptcy due to the explosion of online retailers that flooded the market.
Although dropshipping is getting more and more competitive, a good marketer will always prevail. It’s all about testing different products and marketing strategies to get buying customers.
9 out of 10 businesses fail and Shopify dropshipping is no exception. It takes dedication and hard work to nurture a successful business. Dropshipping is not dead at all.
If you look at companies like Walmart. They are the king of dropshipping. Most of their items online are sold by other retailers and Walmart continues to be the top retailers in the US.
Shopify is the #1 platform for new and experienced sellers to create their own online store within minutes. Shopify gives you a free 14 day free trial to allow new users to test drive their platform.
However, creating a Shopify store is only half the struggle. Getting good quality traffic is important as well.
Here’s why most people think dropshipping is dead:
New sellers entering into online businesses are simply bad marketers. They have no experience on how to sell to customers. Marketing is an art. It involves creating a hook to grab their attention, making interesting ad copies and persuading the customers to purchase from you. Understanding how to harness the power of social media marketing is crucial to getting your brand heard. Often times, people get into a pitfall and think that marketing is something that is learned overnight. To become a master at online marketing, it takes a lot of learning and testing.
Testing new products is the key to success. Trends change every year. Therefore as marketers, it’s important to watch the where the target market is going and adapting to new ideas.
Most people claim that dropshipping is dead because they are ordering their products from Aliexpress. Aliexpress is an huge online marketplace based in China. Overseas shipping times are erratic and can vary from 14 days up to 2 months. Customers aren’t too pleased to know that what they ordered takes about 2 months of delivery.
Returning customers are important in any business. Long shipment times is definitely one of many reasons that a customer will not return.
My solution is to stop dropshipping from Aliexpress or from any other vendors outside the US. Start finding reliable suppliers based in the US to help you ship out these items.
The print on demand business can do just that.
What is Print On Demand?
In a nutshell, you simply take a design and place it on virtually any product such as t-shirts, mugs, pillows, necklaces and more.
Print on demand business is the best form of dropshipping. Here are the reasons why:
1. Plenty of reliable print on demand suppliers based in the US
2. Create a unique design = unique product every time = lower competition
3. Higher customer satisfaction = returning customers = more revenue
4. No inventory risk = cash flow positive business
Here is a 7-step system that I have created for myself to master the print on demand business:
1. Finding a profitable niche
2. Create a Shopify store
3. Integrate with reliable suppliers in the US
4. Work with a good designer
5. Drive traffic (Facebook, Instagram)
6. Outsource/Automation
7. Diversify your traffic sources
If you’re interested in learning more, go and register for a free training to watch the complete training on this 7-Step System. It’s 100% free Shopify training where you get to watch over the shoulder how to get a store up and running and run ads to our first product. All of this in under 60 minutes. It’s super simple and easy.
The print on demand t-shirt business is cash flow positive because you will get paid first then you pay for supplier the base cost for the product plus shipping then you will make the margin. The print on demand business is far more sustainable than the Aliexpress dropshipping model that almost every guru preaches.
It takes a lot to run a successful Shopify store. That’s why it’s important to outsource daily task to VA (virtual assistant). Therefore, you are able to free up your time to focus on mastering marketing such as Facebooks ads, Instagram influencers, Snapchat and Youtube ads.
A student of mines was struggling with scaling their Facebook ad campaigns because he kept on listening to all the so-called gurus. Until he used the strategies that I showed him on how to correctly analyze his Facebook ads data.
Data is king when running any online advertisements. We are searching for a buying audience not an audience that only likes and shares your product but never buys. Understanding every metric data that Facebook provides you is crucial.
Entering into the Shopify dropshipping market without guidance can cost you both time and money. To learn more about the print on demand business, go and watch my Youtube Channel.
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