According 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.