Saturday, January 25, 2020

You don't see the products in dropshipping. Some people think it’s a scam but it’s not. There are hundred-thousand sellers worldwide as reported by Shopify alone as of 2018. More and more people are selling products using dropshipping as a business model. Today, we will answer the golden question about this business. 

Can you really make money in Shopify Dropshipping? The quick answer is, YES. You can make money in Shopify Dropshipping because of the general principle of selling products using this platform without spending money on inventory. First-time dropshippers use this platform to create a store offering more convenience to widen your audience and earn money better.

Understanding how the platform works will increase the chances of earning more money in dropshipping.  We will discuss key points on the entire post to help new drop shippers bring home the bacon. Let us first focus on why Shopify is right for your dropshipping business.   
Easy to Use 
This comes first on the list.  Why? We want to operate with convenience.  Dropshipping is a continuous learning process and you need to stay on track all the time.  This makes Shopify the best bet for starters in the dropshipping business. When you subscribe to Shopify, you are entitled to a 14-day free trial.  This allows you time to familiarize the software and choose which will help in the success of your business.  

Shopify is the simplest platform to use when setting up dropshipping stores because the basics are already set up, including the secured payment gateway.  You can customize the page the way you want it to appear and put add ons to amplify the store’s capability and features. 

Trustworthy Service
Managing a business is a risk. While we understand the risk we are taking when we decide to operate our own business, using the tools to make the business work needs to be trusted. Shopify is one of the trusted software to use for dropshipping as it is used by over 800,000 sellers worldwide.  

Shopify is designed for online sellers who want to customize the settings based on what is required for the business. Over the years, many successful dropshippers have already proven stability in using this software.

Beware of the Possible Downside of Shopify Dropshipping
On another post, we discussed how to Avoid Dropshipping Problems. Here, we talked about the overall challenges of dropshipping. However, we also need to understand that Shopify, as good and simple as it appears, there are just some things that may also result in the downside of your business.  

Shopify is a powerful platform if used right. One of the downsides of using Shopify is that this does not have a built-in capacity to drive traffic to the website. A seller understands how traffic is very important in dropshipping. You need to know that Shopify is a tool that can give you ease and security but you need to help the system to be successful.
Most dropshipping sellers fail in this aspect. Doing research consistently makes them know how to set up stores, be able to sell but the reality is, most sellers are not able to sustain the business.   For additional inputs, you may check out Why Most Dropshippers Fail. 
In dropshipping, it is essential that you find quality products at a good rate so that you can get more profit in return. This is why you will always see sellers looking for a reliable supplier all the time. Few things to consider when finding a supplier:
  1. fast shipping
  2. good price
  3. reliable customer support
With these considerations in mind, we shall keep in mind to find a partner that can deliver quality services, and products too. Considering the market of dropshipping, there are tools designed to increase your profitability and earn more money in return. For one, Multi-Drop is one of the reliable sourcing agents that promise to deliver all-in-on service to Shopify, and eBay sellers to increase earnings by giving quality products, reliable shipping, and full software integration.

Friday, January 17, 2020

Choosing the right designs for your things might be difficult. You can be picky at times and wanted something more. An opportunity that is taken advantage of entrepreneurs who gave way to the rise of Print on Demand. Customized products are now in the trend. The question is which products do we use POD to our advantage?

What are the most popular Print on Demand Products? 
The most popular product used for Print on Demand business owners is shirts. But aside from shirts, other products can be used and these will surely make good sales for the business. Other products good for POD are pillows, mugs, bags, phone cases, hoodies, stationery items, keychains, and accessories.

Print on Demand vs Regular Dropshipping
Both Print on Demand and Dropshipping are good business ideas and many are already doing this successfully.  To some, they find it easy to manage POD than dropshipping. Others think otherwise. Both businesses source products from suppliers.  

Most of the time, the suppliers are based in China.  The orders are automated and details are sent to suppliers for processing.  They will be the ones to ship the orders to customers. Let us further discuss how they are related and differ from one another. 

Shipping Cost
Since we are talking about products sourced overseas, we are looking into shipping costs. There is a difference in the cost of shipment, too.  In general, the cost of the shipping is measured by the dimensions and weight of the product. 

While it is true that shipping is handled by the supplier on these two business models.  Looking at it, if the shipping costs are greater than the product itself, then it will also affect the returns. 

Variations in Products
Imagination and creativity play a part in both business models. Print on Demand is used to several products that can be sold online. Earlier we mentioned the most popular products used for POD. The same goes for dropshipping. However, dropshipping allows you to sell almost anything without restrictions. You can access thousands of products available in the catalog of suppliers.  

On the contrary, while the print on demand has limitations in the designs and products to be sold, dropshipping also has its reservations because of the niche that will be on-trend in the market.  Don’t get me wrong, both models will require extensive research on winning products. 
Earlier, we mentioned how shipping affects the cost of the products and pricing. Comparing both models, Print on Demand generally spends more on the overhead costs. This includes labor, shipping, and materials. Hence, making more returns on drop shipping compared to POD.  

The good side is, POD normally produces regular clients we supply to. Unlike dropshipping, it is very rare that you get repeat customers buying the same products to order again after a single transaction. It is likely to cater to bigger business opportunities in POD as it caters to bulk orders unlike in dropshipping.  

Risk in the Business
Talking about risk in the business, since obviously with the explanations given earlier, we can say that Print on Demand requires more risk compared to regular dropshipping. First of all, it is easier to forecast the trend because you can see the trend of products by browsing through a retail website showing thousands of products.  

Also, the costs are higher because you most likely are to target bulk orders in order to maximize the margin of the products from the supplier. 

Whether you choose Print on Demand or Dropshipping as a business model. As an entrepreneur, it is important to weigh your options and choose a reliable partner that will help you bring success to reality.  Considering the market and competition, there are tools designed to increase your profitability and earn more money in return. 

For one, Multi-Drop is one of the reliable sourcing agents that promise to deliver all-in-on service to Shopify and eBay sellers to increase earnings by giving quality products, reliable shipping, and full software integration.  Soon, it will also cater to Print on Demand which is another way to earn money online. 

Sunday, January 12, 2020

When you pull up your search engine and look for a business that you can start fast with minimal capital, one of the results that would appear would be dropshipping. There are many write-ups and tutorial videos about dropshipping that seem too easy thereby attracting more people to start doing it.   

For some, a question that comes to mind would be what is the future of dropshipping? Dropshipping is still showing an upward trend in terms of interest worldwide and will continue to expand in the future. Some might say that dropshipping is saturated as more people venture to the business.  

But, if you look at a larger picture, the concept of dropshipping has been around the eCommerce, possibly other business models, too.  The difference is the fulfillment method used in dropshipping, which is majorly done over the internet.   

Two Reasons That Dropshipping is Still  Marking a Good Future for eCommerce

There Will Always be a Demand in eCommerce Business
When you start a dropshipping business, you would understand that the way to keep up with the competition is to know the demands and scale for a product that will surely make a great number of sales. You will be surprised how people create a demand for anything they think might be useful.  

You will understand that consumers are willing to pay enough for products if they find these products to last longer and can be used regularly. With this in mind, people who are dropshipping keep on finding winning products to sell in their store. This is very important to keep up with the large competition there is in dropshipping. 

Dropshipping Practices Adopt and Evolve Over Time
Earlier, we mentioned that the concept of dropshipping is similar to other business models with the exceptions that most transactions are completed online. This is true. To run a business, we need a product to sell to consumers. We acquire products at a lower value and then retail it at a higher amount.  

Similar to dropshipping, we source a product from a reliable supplier and resell at a margin to obtain profit. The difference is, we do not need upfront costs to provide products to consumers. Rather, we use a tool to post our products, which in our case, happens to be our store website. This practice has evolved over time due to the demands of the internet.

Because dropshipping is an advanced scale of business method, we do sell our products online, market products online and communicate both ways to the consumer and supplier online, too. 

Shipping Times Have Been Improved In Dropshipping
A major concern for both sellers and consumers is the lengthy delivery time to ship items from the fulfillment center to the customer. This results in sellers continuously find reliable suppliers who can deliver products fast. As a turnaround, most suppliers use e-packet to deliver products to customers which generally reduces delivery times from 35-48 days down to 11-19 days. 

With the reasons mentioned above, it is not doubted that we also have to keep up with the demands and tools to cope with the high demands and competition in dropshipping. We often see comments, or questions being asked about finding trustworthy suppliers to help improve sales of the seller. Sourcing agent getting in demand vs AliExpress because the shipping times are better.  
As per sourcing agents, it is important to be up to date with the demands of a seller such as providing them with winning products, fast shipping and user-friendly system that can easily import products to their store with less hassle.  

Multi-Drop is a great tool that gives all-in-one service to dropshipping sellers and is able to deliver reliable support to ensure they succeed as a dropshipper. We offer product research, branding, fulfillment services and many more. Join us today as you venture into your dropshipping business today. Sign up for FREE, no registration or monthly fees required. Visit the Multi-Drop and become one of our successful clients TODAY.

Monday, December 30, 2019

Chinese New Year is an important event for dropshippers.  As a seller, you look forward and plan ahead when there are important events.  This way, you can forecast the number of sales and expect challenges in terms of shipping, inventory and use appropriate marketing strategies.  

This time, let us discuss how we can prepare our store for the upcoming 2020 Chinese New Year.

How to Prepare Your Online Dropshipping Store for 2020 Chinese New Year?  

Contact your supplier ahead of time to ask which days they will be off for the Chinese New Year
Finding reliable suppliers is important in doing dropshipping.  Because we already anticipate the event, we should contact them to ask their operating hours.  This leads you to plan how to manage orders during the days off.

Look for suppliers in the US, if possible.
You would often see sellers looking for US suppliers. Aside from faster shipping to the US, this also allows you to cater to customers’ orders and be able to sell products while Chinese suppliers are on holiday. This way, you will continue to earn money for the business.  

Let customers know using social media platforms that there will be delays in shipping.
Another way to build a customer relationship by having a social media account. Sometimes, this is also used to validate the authenticity of a business. Updates such as delays, discounts and promotions should be posted via the social media page. This will keep your customers engaged in the business. 

Be ready with the cancellation/refund process.
As much as we want to keep our customers, we could not avoid having these requests due to delays in orders, worse - out of stock items.  It is important to have a process set in place so that we will not lose our credibility as a seller. 
Utilize customer support to address queries on delivery and let them know the situation.
We already have orders in place.  At the time of sale, it is a good practice to inform customers ahead of time of the expected delays in delivery because of the holiday.  You can go by saying “Due to the Chinese New Year celebration, expect delays in orders. Do you want to proceed with the order?” This is also the best time to advertise promotions to customers. 

Reduce social media ads.
Dropshipping is heavy when it comes to promotions.  To reduce the volume of orders, it is smart to reduce the advertisements so that we can also control the expected delays in orders. 

Considering the market of dropshipping, there are tools designed to increase your profitability and earn more money in return. For one, Multi-Drop is one of the reliable sourcing agents that promise to deliver all-in-on service to Shopify and eBay sellers to increase earnings by giving quality products, reliable shipping, and full software integration.

Chinese New Year is an important event for dropshippers. As a seller, you look forward and plan when there are important events. This way, you can forecast the number of sales and expect challenges in terms of shipping, inventory and use appropriate marketing strategies. 
Related Post:  

Sunday, December 29, 2019

Known as the largest manufacturing city in the world, we shall be prepared for the Chinese New Year where the majority of the products that we sell to our customers originate in China. Today we want to discuss when the Chinese New Year will take place in 2020, and how to effectively manage our business in time for this holiday.

Question is, how does Chinese New Year affect dropshipping sellers? Most of the suppliers for dropshipping are based in China, the biggest city where factories are based. Given the longer delivery times in dropshipping from China, we are expecting to wait longer because of the holidays. A responsible dropshipper should plan ahead how to manage Chinese New Year. 

“Chinese New Year celebrations, also known as the Spring Festival in China start on the 23rd day of the 12th lunar month of the Chinese calendar. The festival lasts for about 23 days, ending on the 15th day of the first lunar month in the following year in the Chinese calendar.” (source: Chinese New Year in China)

With this said, here’s how we should use this timeline to manage the shipping times and be able to generate sales even during the event.  

In 2020, the Chinese New Year will fall on January 25th. The day before the CNY, which is the 24th of January is very important and Chinese people no longer work on this day. However, keep in mind, some Chinese end their work 10 days before the eve of the Chinese New Year and 15 days after.

Generally, shipping time for dropshipping products that originate from China ranges from 11-35 days depending on the delivery location. If so, the orders need to be placed before January 1st to maximize the time and customers will get the products as expected. 
As a dropshipper, it is your responsibility to plan ahead as to how we can effectively manage our sales and keep our customers happy.  With these considerations in mind, we shall keep in mind to find a partner that can deliver quality services, and products too. 

Considering the market of dropshipping, there are tools designed to increase your profitability and earn more money in return. For one, Multi-Drop is one of the reliable sourcing agents that promise to deliver all-in-on service to Shopify and eBay sellers to increase earnings by giving quality products, reliable shipping, and full software integration.

Multi-Drop uses private shipping lines to deliver products fast to customers. Also, they have partnered with suppliers that have a warehouse based in the US. This will reduce delays in deliveries. As part of the services offered by Multi-Drop, they also cater professional customer support team that handles inquiries timely to its clients, making sure that someone is taking care of them. 

For additional reference in fulfillment of orders, I have another blog post What is the Turnaround Time For Fulfilling Items in Dropshipping 

Monday, December 23, 2019

Being in the eCommerce business will make you constantly think ahead of what products will “sell like hotcakes” in the market. Now that the year is about the close, we need to discuss the products that would catch the trends for 2020. Today, we will focus on the top 10 items to sell in 2020.  So, continue reading.
Here are the top 10 list of online shopping trends that would be good to sell on your dropshipping store in 2020:

Wireless / Bluetooth Headset
Gadgets have been noticeably part of everyone’s lifestyle. From the most advanced technology there is, up to the least - this will not go out of trend. At least not in this generation. What best accessory would go well with these gadgets but headsets, right?  

Given the advancement of technology and the need for convenience, we are looking into getting these accessories to be handy. Thanks to the BlueTooth headsets, this is now made possible. These accessories generally increased its rank in terms of trends and use to many countries around the world.

LED Lights 
The world is leaning towards continuous innovation of many different things. Lights, of its many uses, is not excluded. To this effect, we are looking into getting an efficient, energy-saving material that would produce the same results to consumers. 
Looking into trends, LED lights are mainly used in highly developed countries. Need I say more about why it is included on our list of top 10 items to sell on your dropshipping store in 2020?

Sports Bottles
Access to fresh and clean water is very important. Hydration is essential to living a healthy lifestyle. Not only is it beneficial to sports-minded, but it is everyone’s concern. These reusable sports bottles are good for the environment as it reduces overall pollution. 

There are many different sizes, colors, and variants to choose from when selling a sports bottle online. This allows you to give choices to buyers that will broaden the range of audience and increase your traffic, too. 

Car Chargers
Why are cellphones invented in the first place? This is to ensure we can communicate anytime, anywhere, is it? We do not want to experience dropped calls because of low battery especially when you are out to travel for work, going home, or run errands.

Have we not mentioned convenience as the main reason for people to consider buying stuff? Car chargers are useful to almost anyone who is always on the go. Also, using GPS makes driving more convenient for everyone. This makes car chargers part of the trending products for 2020. 

Not much of an explanation needed why leggings are definitely trending and will continue to trend in 2020. These products are one of the best-selling products online in previous years. Not only that it carries several variations, styles, and colors. These are affordable and easy to market to a wider range of audience because it fits from small sizes to large ones. 
Safety Shoes
Business demands more people to work. There are front liners, corporate and also the ones manning the production of products - general labor, technicians, engineers, etc. These people work on the back-end and are generally exposed to high powered machines. Equipment that operates largely to produce products for consumers.  

Part of the job requires safety to its employees - hence the need to use safety shoes. Because there is a large population of general workers, the demand for safety shoes continues to be on-trend over the years and is consistently growing especially to countries with large numbers of factories.

Car Seat Covers
Car seat covers have been consistently trending over the years and are expected to still be on-trend in 2020. Not only do car lovers show interest in buying these items online. This has become a need for most car owners to protect car interiors. Plus, this comes in different colors and designs too. 

Hoop Earrings
Another trending item to sell online would be hoop earrings. Social media influencers, celebrities, and other famous personalities use hoops as part of their fashion statement, making hoops as a trending item to sell in 2020. It has significantly increased its ranking and is showing good potential in terms of sales in your online store. 

Along with cellphones and other advanced technology gadgets, the smartwatch has shown an increase in becoming a trend in the past years. Most likely, these smartwatches are paired with their smartphones to maximize its features. Known manufacturers of high technology gadgets have made their versions of a smartwatch fit to match the consumer's budget and needs. 

Reusable Baby Nappies
Thinking of environment-friendly items that will not sacrifice quality and benefits. These reusable baby nappies are on-trend especially to mothers who always want to save money and practice good parenting. Many mothers share their experiences in using these baby nappies and how satisfied they are with the use of each. Another trending product that will surely be in-demand to your online dropshipping store in 2020. 

Monday, December 16, 2019

At this time, you already know how important marketing is in dropshipping.  What if, we can work our way to keep our customers to continue doing business with us. Repeat customers will make our business more stable.  To better strategize marketing efforts, let us know what are the roadblocks to getting repeat customers.

What are the roadblocks to getting repeat customers in dropshipping?

Repeat customers could be challenging for most dropshippers. Initially, it will take time to sourcing customers to buy from your store. This is the reason why marketing is a big thing in dropshipping. Once a customer buys from your store, this only means your store meets the expectations of the customers. 

It could be more challenging to get repeat customers for the reasons that, it takes customer trust and loyalty for them to keep doing business from you. There are hundreds of dropshipping stores selling the same product with possibly cheaper items. They could be doing better marketing strategies.  

There can be a long list to reason out why it is challenging to get repeat customers. What is important is to avoid these roadblocks to get repeat customers in dropshipping. 

Incompetent Customer Support
We cannot avoid having difficulties along the way. The most common problems faced by a dropshipper are delays in shipping, incomplete order and out of stock. Here we require the help of our beloved customer support team.  

The role of customer support is very crucial in dropshipping. When an order was placed and on the process, the majority of the concerns are being handled by customer support. They are responsible for answering customer queries and make sure they were handled professionally and efficiently.  

Good marketing, quality products, and fast shipping would not mean success if you do not have a competent team of customer support people who can handle your clients well. Sometimes, regardless of the type of product you sell, if customer support is not trained adequately, the business would still go to waste. 

Unreliable Dropshipping Suppliers
Next to product selection, suppliers contribute to a large share of work in dropshipping. As you are aware, the products are handled and shipped directly from the supplier and go straight to the customer. With this said, if you do not have a reliable supplier, the dropshipping business will also fail. 

Commonly, the challenges encountered with suppliers are: out of stock items, lack of communication, delayed handling of products. These common difficulties can be addressed if you have a reliable supplier. A good relationship with your supplier will make your dropshipping life easier. By then, you can focus on other things to make the business more profitable. 
Inconsistent Product Pricing
As a buyer, the biggest factor when making a purchase is the price of the product. In dropshipping, several sellers are selling the same product. They may have different marketing schemes and prices. 

Customers will always choose a better deal.  Better to check competitive pricing to ensure that you are selling the products according to the demands of the products while keeping up with the competition. 

Delayed Shipping of Products
When buying products from a dropshipping business, customers are aware that the products are shipped overseas. Major suppliers have their warehouses based in China. This makes shipping time relatively longer than usual. On average, products take 15-20 days to fulfill. This includes order processing, handling, and shipping. 

If we can exceed the expectations of the customers in terms of delivery time, the better. Asking about suppliers with a warehouse in the US is a common inquiry of dropshippers. As much as possible, dropshippers would like to cut the delivery times shorter. This will significantly improve the customer’s satisfaction.

Low-Quality Products
In the previous explanation, we know how much shipping time is needed to fully complete an order.  
This timeline is common in dropshipping. Which is why we take the quality of products seriously. As much as possible, we want to avoid returns. This takes the overall process longer, thus making the customers less happy. 

To keep customers to come back and do business with us, we always want to exceed their expectations. And quality products will make a huge role to make them stay.
When you are starting, your focus is to acquire customers. You will start getting 1-5 in sales per week. Then goes to becoming consistent where you get daily sales. As your business ages, keeping customers should be a priority to maintain the sales of your dropshipping store.  

When you have regular customers, this reflects that your store is already established and is capable of expansion. Most entrepreneurs consider it a success if they can manage both new customers and customer retention. All these can be handled properly and plays an integral part to make the business successful.  Teamwork makes all the job easier.