20 Mar

Why is Drop Shipping Business Better Than Affiliate Marketing?

Why is drop shipping businessThere are currently two popular ways one can start making money online- there’s affiliate marketing, and there’s the dropshipping business. Entrepreneurs can choose if they want to have complete control over the product they’re selling, or if they want some kind of control and focus on the ways they market the product to their audiences.

Let’s take a look at what affiliate marketing and online store dropshipping is all about, and see why the dropshipping business is better than affiliate marketing.

 

 

The Basics of Dropshipping

In simple terms, dropshipping is when you run an online e-commerce shop without having the actual goods with you. Entrepreneurs set up online shops, or a virtual storefront and open it up to interested buyers.

You won’t have to do the work of packing the product and having it shipped off when a customer buys; instead, all you need to do is to place a similar wholesale order with the involved distributor and have the goods shipped directly to the customer.

In terms of profit, what you gain is the amount minus the overall price of the goods obtained with the manufacturer. Dropshipping is like running an e-shop without the hassles of managing inventory or following up with the merchandise fulfillment. The only thing you have to do is to market the product and take care of aftersales support, if any.

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18 Oct

11 Tips on Conducting a Market Search for Your Dropshipping Product

Tips on Conducting a Market SearchLet me guess, you’ve finally came up with a product you can sell for your dropshipping business. You’re excited and ready to start purchasing and sending your products. Indeed, every drop shipper is always thrilled about reaping the monetary benefit of multiple sold products.

However, it is important to note that a huge profit is more likely to be recurring once you’ve thoroughly researched your desired product.

 

A market search plays a vital role in your dropshipping business; it can help you plan for the long term, reveal if a product will sell well, assist you in avoiding financial losses, help you understand your target group’s needs and guide you to purchase the most profitable products for your niche.

 

In order to ensure that you’ll be able to better understand if a product is a good fit your business; your analysis should cover the following…

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29 Sep

11 Signs You Should Invest in a Drop Shipping Business

 

aliexpress dropshipping | Invest in a Drop Shipping BusinessAccording to Spark Pay, as of 2014, the e-commerce business was a 220 billion dollar market in the US alone, and it’s growing at a rate of nearly 17% a year.  At this rate, the e-commerce space could potentially reach $370 billion by 2017.  This means that the opportunity to get your piece of the pie is real. 

You may think that you have to compete with the big sites like Amazon and Walmart for it.  And while this is true, remember that drop shipping is about finding a niche that is in high demand with limited supply. 

Don’t think of this as competing against the big sites, think of it as selling a specific product to a subset of interested buyers.  In order to take advantage of this burgeoning e-commerce market, you’ll have to know what to look for when investing in drop shipping sites.

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