What should I know before starting dropshipping?
A niche store is always better than a general store.
What to look for in dropshipping products?
Thus, in this article, I’ve outlined five tips for choosing a winning dropshipping product.
- Consider avoiding products that are too large or too fragile.
- Find novel products to sell.
- Solve consumers’ pain points.
- Ensure the products you’re selling are easy to use.
- Don’t choose a product simply because it’s expensive.
Is dropshipping profitable for suppliers?
However, dropshippers too are not left out of the scene too. While suppliers have recorded a profit increase after choosing the dropshipping business models, statistics also says that dropshippers earn 50\% profit than those who keep their own inventory.
What are the latest drop-shipping statistics for You?
While there are a lot of statistics dated as far back as 2014 flying around Google, I’ve invested a lot of time to uncover some of the latest drop-shipping statistics for you. To start with, the dropshipping industry is expected to reach a market valuation of $557.9 billion before 2025, registering a CAGR of 28.8\%.
Should you choose a niche or general store for dropshipping?
The rule has always been to choose a specific niche and face that niche, don’t go beyond the scope and also beneath it. And now in dropshipping, over 86\% of dropshippers registered on AliDropship prefer a niche store to a general store.
Is dropshipping the future of e-commerce?
And on the other side, e-commerce is said to grow by 17\% yearly which also means growth for dropshipping. Quite similar to the stat above. An estimate of 27\% of online retailers now sees the dropshipping model as an easier path to tread as a retailer.