Friday, October 11, 2019

People buy stuff left and right during the holidays. This is the time of the year when dropshippers get all excited. People get extra money. This is when potential customers receive incentives, bonuses, double sales. To fully take advantage of the season, let us know what goods to sell during the holidays.

What products are good to sell during the holiday season as a dropshipper? 

  1. Cellphone accessories - Examples are Cases & Covers, Screen Protectors, Power banks, Bluetooth headsets, Headsets, Data Cables, Mobile Chargers
  2. Children’s Toys
  3. Women’s Accessories - Examples are pieces of jewellery ( rings, necklaces, bracelets, earrings), Hair Accessories ( hair clips, headbands)
  4. Clothes ( for all ages)
  5. Holiday decorations

Cellphone Accessories
Black Friday and Cyber Monday is one of the most famous shopping holidays that happen in the fourth quarter of the year. People buy gadgets because they are on huge discounts. What product goes well with gadgets but the accessories, right? 

For dropshipping, we may not be able to sell gadgets. But we can sell accessories that go with these products. Not only that the items are affordable, but we can also sell variants that people might show interest in. It will be easier to ship these products anywhere because they do not expire as well as lightweight. 

Some examples of the cellphone accessories that are good to sell in dropshipping are phone cases, Bluetooth capable speakers and headsets, data cables, mobile chargers, power banks, cellphone glass, and plastic protectors and many others. 
Children’s Toys
Next on the list are children’s toys. Some charity gatherings and events happen during the fourth quarter, too. This is to support shelters, hospitals, and other care facilities. People who are in these facilities lack the opportunity to experience a normal childhood like other children. 

Also, the holiday season is more exciting for children. Every year, children look forward to getting pretty gifts from their parents, and relatives. Children love unwrapping gifts, and it makes them happy if they see toys. This also applies to adults that are young at heart.

As a dropshipper, it is a big advantage because companies will be interested in buying items in bulk. They want to be able to get the most discount possible. And we are looking to get more customers to buy quality toys from us. This is going to be a good increase in sales for the store, isn’t it?

Women’s Accessories
Women always want to look at their best. I mean, this is a natural thing for women. Especially during the holidays. They always want to look and be at their best. Which is why women’s accessories never really go out of trend. There are just some improvements to the style. For men, they see it as all the same, but for women - it is all different.  
For dropshippers, women’s accessories are good products because it comes with several variations. There are accessories for special events, daily wear, and office attire, etc. Also, these products are cheap, lightweight, and easy to transport. Like the other products we listed, they do not expire, which is necessary given shipping times are longer with dropshipping. 

Some examples are jewelry such as rings, necklaces, bracelets, earrings that come in silver or stainless. Hair Accessories such as hair clips, headbands that come in different colors, and sizes perfect for any occasion. 

Aside from toys, one of the best gift options would be clothes. Clothes, in general, is a need that makes buyers find as more important compared with toys. Some customers value needs vs wants when buying gifts for loved ones. And that makes clothes a better choice for them.

Clothing items may also be seasonal. In some countries, where there are four seasons, they consider buying new clothes to be on-trend with the latest fashion. This is the reason why you would see promotions and discounts on clothing most of the time. This is a strategic way of encouraging people to buy products.

As a dropshipper, knowing that clothes are seasonal products, it is just right to fully take advantage of this product because our products are cheaper compared. Plus we offer convenience to our customers. This is an improvement that was taken advantage of by big stores. Offering to sell their products online. 

Holiday Decors
Finally, on the list are the holiday decors. Houses are decorated. Establishments and offices, too. Everyone likes the feel of the holiday and the decorations help the mood. There are different themes created over time. Customers are creative in putting up Christmas Trees, setting the tables, and decorating the office space.

We included the holiday decors because it is cheaper when bought ahead of time. The suppliers for these items markup the prices because of the demand. For dropshippers, it is an advantage because we have direct links to suppliers eliminating costs. We just need to watch out for the supplies because we do not want to be out of stock.  

Some examples are decorative accents, Christmas lights, wreaths and flowers, outdoor decorations and many more. Like the rest, the products do not expire and are lightweight. It is very easy to transport.

This is the season for gift giving. People are accustomed to buying this stuff because of the holidays. Most of the products are bought and used as a gift to friends and loved ones. Also, this is the time when parties are everywhere. This list is based on the most selling products during the season. 

Although some may not agree, these products are generally worth selling during the holidays. With the right software and promotions for dropshipping, surely your dropshipping store will hit your goal in terms of sales. Happy Holiday Selling!

Friday, October 4, 2019

It’s almost the holiday seasons. This is the time of year when everyone gets busy. Many people plan for the celebrations. Save up and buy gifts in advance. This is an opportunity for entrepreneurs to boost sales and be creative on the promotions. Join me because this is going to be an interesting topic.

How to prepare your online dropshipping store for the upcoming holidays?  First, list down the holidays for the whole year on a calendar. Plan your timeline and choose a theme for the website. Set sales goals. Also, set your budget for the holidays. Time to be creative and write down promotional offers. Increase traffic by using the right strategies, software, and tools.  

The most exciting season for eCommerce is the fourth quarter of the year when there’s a long list of holidays. People are spending money on many things like salon, clothes, shoes, gadgets, and the list goes on. Parties are all packed during the holidays and there are a lot of gatherings happening during the season. 

With the list of things that go busy during the season, we must take advantage of this occasion and plan so that we won’t miss the events and the opportunity to double the sales. Let us talk in detail about what we need to do to plan for the upcoming holidays. 

Make a List of The Holidays, and Special Events In Your Calendar
Every year, we need to place a calendar showing the timeline of events and holidays so that we can make a plan on what promotions, themes, and strategies we can come up.  A business owner should always be two steps ahead.  

For example, some countries have four weather seasons. The winter, spring, summer, and autumn. Because this is a regular thing, people expect changes in climate, and temperature which also means, there is a change in clothing, footwear, etc. As a dropshipper, we need to start making plans on how we can layout promotions and themes for our store. 

This goes the same with special events like Black Friday and Cyber Monday. People are expecting to buy items on massive discounts. We want to take advantage and start selling ahead because customers are always interested in discounts. 

Choose a Theme for your Online Dropshipping Store
Most people are visual. We get excited about what we see and it affects how we make decisions especially when buying products. We want our stores to look inviting with the promotions, savings, and freebies if available. This will encourage more customers to buy from us. 

A theme should apply to the season we want to promote. This will avoid confusion to customers and focus on the event you are promoting instead. Prices generally go up sometimes depending on the need. When there is a demand, surely price tags will also be affected.  

I recommend using a countdown timer whenever there is an ongoing promotion. This will promote urgency to customers when buying from your store. Also, do not forget to include the number of stocks available. So that they can see the demands of the products and will make them decide right away to make the purchase.

You may also highlight products that are most in-demand on your landing page. This will invite them to buy items if they see that the item is on-demand. You have to be careful and make sure that the items you are selling are on stock. Out of stock items may impact your store positively, or negatively, watch out for it.
Set Your Goals
During the holiday season, your goal is to double your sales. Most suppliers increase their prices during the season. Regardless, customers are most likely to make the purchase no matter what. As a dropshipper, this is the perfect time to raise your goals and earn more.  

Also, we want to minimize spending. Our goal is to reduce overhead costs. We need to prioritize where we need more spending. Talk to your supplier to ask if there are ongoing discounts on promotions that will help you save more. More savings means bigger earnings. 

There might also be a way for suppliers to modify their packaging based on the holiday season. This will help customers have a feel of the season and attract them to buy more from your store.  Branding truly matters. 

Strategize the Promotions 
On to the meaty part of the post. Now that you already have a timeline of events, planned out promotions, set your goals and budget, it is time to think about strategies how this will all come together. After you’ve prepared ads and created the theme, it is time to expand your community.

For starters, we can send out emails before the season ends.  You can use this to highlight the upcoming event while showing appreciation for the previous season.  This will prepare your customers about the holidays and they will be excited about the new one.  

As a bonus tip. We are expecting a huge amount of orders coming from customers everywhere.   We also need to prepare for the returns that might arise. This has to be taken care of properly. We are also looking for delayed shipping because of the holiday rush. A good team of customer support will help you get through these challenges.  

All these preparations will be possible if you have invested in a tool that will ensure that you have the right amount of supplies to cover the products you are selling. You do not want to be out of stock during this season.  Also, we want to be equipped for these hurdles as it will negatively impact your dropshipping store.

Friday, September 27, 2019

Dropshipping is one of the most promising business models in the entrepreneur world. It is a rewarding business for some and still continues to encourage more people to start their own. This business assures many to deliver positive outcomes.  This gives more challenge to dropshippers as it also increases the competition in the business. 

Is dropshipping a profitable business method? Yes, dropshipping is a profitable business method. Although a larger portion of people present declarations that dropshipping is not a profitable business model, it is proven to have been a reliable source of income and is expected to give stability to those who have attained their business a success.  

What Makes a Profitable Dropshipping Business A Success
There are several ways to measure the accomplishment of a business. Each criterion is based on the expectations laid out on the plan stated to foresee the outcome of the business. This part is somewhat being eliminated by those who aimed at starting to drop ship which later on turned out as a failure.   

As we go along,  we want to address how we can become profitable in the dropshipping business.

Right Product Niche 
We have made our point on how much the product niche makes a difference between the competition of dropshipping business owners. This is the foundation of dropshipping. Most dropshipping stores cater to multiple product niche. This is strategic because some items may not be as trending, or result in a higher income compared to the rest.  

One benefit of dropshipping is the flexibility to sell multiple product niche at once on your online store. Because there is no inventory needed, all you require is a reliable supplier to give you access to hundreds of products online without worrying about a warehouse. 

Targeted Advertising Strategy
Another crucial part to consider in becoming successful in dropshipping is the way you do your advertising.  While product niche acts as the foundation of dropshipping, advertisement is the life of dropshipping. The competition as it is too tight and crowded, many dropshipping store owners invest most of the revenue to advertising. 

Luckily, there are several ways to advertise your store. Thanks to technology, we can reach thousands of potential customers by using the internet. We have cited ways to promote your dropshipping business and listed ways you can effectively promote your store. Here you can find interesting ways How To Advertise Your Dropshipping Store. 

Highly Trained Customer Support
Customer service is everywhere. We cannot eliminate customer service in any type of business. The primary reason why we have a business is that we offer products and services to our customers. This is not only applicable to hospitality services, food industries, travel, and leisure. Customer support is also essential to the retail business.  

Customers will always ask questions about products and services. The customer service team works as the front liner and represents the business. One of the major roles is to answer queries. Their role is to ensure that customers are happy with the service, and the products a business provides. 
Policies, rules, and regulations are outlined in any business to ensure fair retail practice that protects consumers and business owners.   That makes training customer support team very important. Proper customer handling is really necessary that it could create a good impression, maybe the worst experience for the customer.  

In dropshipping, there are a lot of ways customer support is needed for.  Some of the many supports required in dropshipping is Taking Care of Out of Stock Products, Dealing with Returned Items, etc. 

Competitive Product Pricing
In a sea of competition, the price difference of each product is what will matter to customers. As a consumer, we want to give our money’s worth. We cannot sell items at a more expensive amount especially that competition is very high in dropshipping. Otherwise, you will not be able to sustain the business.  

To make it easier for some dropshipping business owner, a helpful tip would be to check the price list of your competitors. You may adjust your price list at a competitive rate. This means you can lower your price while still earning money. Or check any ongoing promotions available.  

To help us with setting up the margin on each product, let us help you to determine What is the Average Margin in Dropshipping.  This will give you an idea of the methods you can use to set a margin on the products you want to sell online. 

Well Researched Business Plan
Getting into the business is easy given that you have all the knowledge you need to put up your own. In modern technology, data can be accessed easily by anyone. It would only require your internet connection and computer. However, this is a part that is missed most of the time.

Dropshipping, compared with other business models is convenient to set up. This is most likely one of the simplest because you do not need upfront costs and inventory. With these reasons, many are generally encouraged to begin their business in dropshipping.  

This is not advisable. As mentioned in one of our posts: Why Most Dropshippers Fail, those who got too emotional to start dropshipping and quit because they did not get the outcome they expected is one of the major reasons why a dropshipper fails.  

Catchy Store Website
Although a catchy store website is not a requirement when selling, it is going to make a difference if you have a nice looking website. Customers are more likely to visit the website if it is appealing.  Plus, it will attract buyers more if you have engaging promotions. 

These are just some tips to overcome common challenges in dropshipping. Although these do not guarantee confirmed results at least it can guide and give ideas to be more effective in dropshipping. 

Friday, September 20, 2019

One of the standard queries of customers regarding dropshipping is tracking orders.  A huge number of orders in dropshipping are accomplished in China. Because of this, it may take longer to process orders.  Besides, tracking orders is one means to secure our business by being trustworthy to our customers. 

How to track orders in dropshipping? There are several resources we can utilize to track the orders. The most popular methods are App / Software Plugins, Online Tracking System and Customer Service inquiry. This level of convenience is greatly enjoyed by customers who remain to patronize drop shipping to buy products. 

Moving on with order tracking, let us explain the course of events after an order has been placed.  By doing so, we would have an idea of the turnaround time to fulfill an order and how we can deal with customers who will ask about the status of their order. 

Dropshippers put up a store or an app or a website where the order can be placed.  Also, you can use this to view the status of the order and communicate with the customer.  As we go along, we’ll talk about the process and how a customer can view the status of their order using an app, or a software plugin. 

Ideally, the initial process should’ve been to browse the products on sale.  The customer will choose the product he desires to purchase and make that payment.  Although there are several ways to pay (using a credit card, PayPal, Cash on Delivery, Over-the-Counter payments, etc.) once the order has been placed, the details of the order will be sent to the supplier for processing. 

An email will be sent to the customer as an acknowledgment of the order made by the customer.  It normally contains the details of the order and customer details. The suppliers must verify the availability and let the customer know should there be an out of stock item. 

Approved items will be processed by the supplier and prepare for handling and be delivered to the customer by a courier service.  At this point, the details of the order may be available to the customer for tracking. They will get a tracking number of the order which they can use to refer to the order they made.  An estimated timeframe will be shown to the customer.

On the other hand, customers also have the option to trace the order using an online tracking system.  This could be the website of the freighting company or a universal tracking tool that is available to anyone who has access to the internet.  If the customer is unable to see the order status using the store’s website or app, this option is readily available to everyone. Accessible and free of use. 

We have noted a few reasons why customers will course into checking online account systems to view their order status.  But before we go to theses reasons, let us know what the following status means and how we can manage them. 
There are two main causes if the order is on pending status.  
(1)  Stock not available.  The order is not authorized by the supplier because the item is out of stock.  Earlier we presented that it is the responsibility of the seller to update the customer when the item is not available.  If so, options to offer a different product variant, or refund (if paid) the payment to the customer. 
(2)  An issue with the payment.  Customers have multiple options to pay the order.  Should there be an error with the payment, the order will be placed on pending.  Sellers should not process the order at this point. The buyer is responsible to resolve the payment issue.  They may, later on, proceed with the order if this has been cleared. 

Commonly seen when the order was processed and a tracking number has been provided to the customer.  Generally, it takes 7-15 days to deliver the item depending on the location. There may be customary measures being followed to complete the shipping.  This is accounted for when giving out a delivery timeframe to the customer. 

The status will change to "delivered" when the order has been accepted by the customer. There are times when customers use a mailing address such as PO Box. If so, the customers need to go to their mailbox to check the order. 

For Pick-Up
This status is applicable commonly if the address of the customer is not included in the areas where door-to-door delivery is possible. The courier service will leave the package to a partner hub, or post office and then send an update to the customer that the product is already available for pick-up.

The package was not delivered to the customer due to several reasons.  
  1. Invalid/ Incorrect Address
  2. Incomplete Address (Bldg, Unit Number, etc.)
  3. The intended recipient is not available, or no longer at the address.
On the list above, pay attention to “In-Transit” and “Undelivered”.  

To handle queries of customers asking for status if it has been stuck to the status “In-transit” for quite some time, contact your supplier to know the details of the order.  They will coordinate with the shipping company to know the status. Possibly, the updated tracking details will be given to the customer for status. 

If the status is “undelivered” then the seller needs to contact the customer and ask for the correct details.  Otherwise, it will further delay the delivery. As a best practice, we may ask for the mailing address to ensure that the address is valid. 

The technology in shipping has already improved and most of the transactions are manageable online.  Another advantage of dropshipping as a business model. You just need to ensure you partner with a reliable supplier to fulfill your orders.  

Multi-Drop is a good way to manage these queries because we offer a one-stop-shop starting from the product description, research, and analytics, to customer service.  Join us and let us help you with your dropshipping needs.