Dropshipping is a great way to get started with e-commerce and entrepreneurship in general. This is fun and allows you to get practical experience with minimal financial risk.
The following is a very quick overview of the steps needed to make money with dropshipping. These steps are based on my personal experience creating an e-commerce drop-off store that is profitable for me and my customers. Choose your niche: This is the first step and one of the most important steps. I assume you are looking for AliExpress dropship products (although there are other options, but I will not discuss them here). I can still talk about the ins and outs of choosing a good niche, but for the sake of brevity, here are some key considerations:
Make sure you feel comfortable and safe marketing your product of choice in the target market. Start by exhausting the product categories in your passion or hobby. This will make your marketing efforts more effective. Depending on your risk tolerance, you might consider avoiding retail products priced at more than $ 100. This is because dropshipping is famous for losing packages on the way. As a result, you might not want to return customers who return money for big ticket items. Your product must be relatively small to facilitate transportation. Consider selling products that fit the shoe box. Profitability - Open AliExpress and check the price of the product you want to sell. Now go to Amazon or other e-commerce boutiques to compete and check their retail prices. If you can achieve a reasonable profit margin for each unit, this is a viable product. If you can't, write the idea clearly. Create your e-commerce store: After you decide on a niche, you can build your own e-commerce website. You can do e-commerce yourself or hire a web designer to create an e-commerce website for you. Common choices for e-commerce stores are Shopify, Squarespace and Woocommerce, which are integrated in Wordpress. I personally recommend Shopify because it is very powerful and e-commerce oriented.
After loading your product into the store, set a retail price and write down your entire copy for each product. This process can be time consuming depending on how many products you have in your store. As a rule (depending on your niche and your target market), I achieve optimal results with a total of at least 50 products. It offers a variety of decent visitors and communicates that you are in business. Promote your e-commerce store: Regardless of whether you choose organic social media marketing or paid digital advertising, you need to promote your business. This can also be done through blogging and SEO efforts. Take time to get out of your new e-commerce store, but there is no spam! This will underestimate your brand and delay your potential customers. Share valuable content and connect authentically with your online community. Your audience will respond to the order. After receiving your order, be grateful and do everything possible to offer a personal experience. I recommend the buyer to send a private message, thank you for ordering. You want each customer to tell their friends about your brand. This is how real scaling takes place. Order processing: Congratulations on your first sale! Now is the time to make sure your product reaches your customers. So your customers send you payments through your online payment gateway at a fixed sale price. Then retrieve contact information, log in to your AliExpress account and order the product using the name and home address of the end customer. You maintain the difference between retail prices and the prices of AliExpress products - that is your profit. Note: Make sure you enter your telephone number in AliExpress order. If there is something wrong with the shipment, you want them to call you and not your final customer. Dealing with returns: Overall, dropshipping has relatively high possibilities for poor quality or damaged products. This is the price of the business model - you don't see the product at all and in the end leave the quality control of the product to your overseas supplier. With this in mind, I suggest you offer a smooth return policy for each order. If the customer is not satisfied with the product, they just send it back and you return the money. Agsin, this is a business endeavor and will increase your page conversions if you offer such guarantees. Conclusion: Dropshipping is fun and it's important to stand out from your competition! Social media marketing is much better than mine, especially in Instagram marketing. If you need help to start or grow your business after you have started and started, send me a message. I look forward to the growth of a new e-commerce company and will be happy to help you increase your sales. Happy selling!