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. 
Margin
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.