Starting A Successful Drop Shipping Business
Admit it, there have been plenty of times that you’ve thought of starting your own e-commerce business but you didn’t because of fear. That’s okay. Doing so can be daunting, especially when you’re just starting out, and starting out alone. There are many factors for you to consider and worry about like inventory, storage, logistics, delivery, fulfillment, marketing, and so much more. Affiliate marketing is a good option for some to try. It gives you an idea of how things can go without a lot of risks. But it isn’t really close to the real thing. If that’s what you’re looking for, you could try drop shipping.
A drop shipping business is where a store doesn’t keep the stocks of the product it sells. They purchase it from a third party and ship it to the customer. It’s a handy way of keeping your business going without the hassles of product storage and missed inventory; which gives you more breathing room to work on other things like advertising, content marketing, promotions, and more. It’s easier, but it still takes a lot of hard work; which is why doing through a good training course and submerging yourself in a community of helpful and like-mined people is a must- do to prepare.
What You Need
Time to do: 5 weeks Time to see results: 5 months
Optimize your site to make your customer’s buying experience a quick and easy one. Allow them a space for feedback and comments and work hard to rectify the bad ones.
The training course provides in-depth and detailed information. Keep going back to it as you get your business going. Visit their tips in securing a reseller account, content on what to do and look out for as you progress. Ask the coaches for assistance if you feel a little lost.
Configure Google Products for your store like Google Analytics, Google Webmaster Tools, Google Publisher Tag, Google Merchant Center, Google AdWords, and Gmail. They’re free and make a big contribution in helping you drive traffic to your site.
Allow for advertising on your site. Setup banner ads and experiment with the type of advertising you use to figure out which works best.
Focus on quality over quantity.
Investing in an eCommerce business, especially drop shipping, is not a get rich quick kind of thing. It will take a lot of time and effort. For the first few months, you could probably earn around $100 per month; which isn’t that bad considering the fact that setting up your business site will cost around $50. But if you’re serious about drop shipping then you could earn thousands of dollars per month with proper marketing and maintenance.