With the rise of online shopping, it is not surprising that more and more people are starting to take advantage of dropshipping as a means to earn money. With all the information out there on how to start a successful dropshipping business in 2021, it can be overwhelming and difficult to figure out what steps you should take first.
Dropshipping has become the hottest business model for starting an online store. In fact, it’s so popular that there are even companies like Oberlo which will help you get started with your own dropshipping store! If you’re considering starting a dropshipping business in 2021, So we’ve put together this blog post with 11 tips for starting your own successful dropshipping business in 2021!
How Dropshipping Works
Dropshipping is when a store doesn’t keep its products in stock. Instead, the company will purchase inventory from an outside supplier and fulfill orders through that inventory. Dropshipping stores often use eCommerce platforms like Etsy or Shopify to sell their goods – these companies take care of all the logistics involved with storing and shipping your items so you don’t have to worry about that.
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Dropshipping Pros and Cons
The pros of dropshipping are clear – you can start your own business without needing a huge amount of capital, and the overhead costs are pretty low (no need for warehouses or extra staff). The cons are also easy to see when you consider all those benefits: it’s not possible to make much profit.
The best strategy for drop shippers is usually to offer a mix of products with higher- and lower-priced items. This allows you to compete well on price against other retailers while still maintaining the opportunity ($$$!) of high-value sales from your pricier drop shipped products.
The Best Dropshipping Niches
Some of the best dropshipping niches you can jump into in 2021 are ones that have a higher-priced average item price, such as electronics, clothing, vintage product, Photography backdrop, fashion accessories, phone accessories, pet or dog food, vitamins and supplements, and much more.
How to Get Good Suppliers
In order to get good suppliers, you will need to follow a few guidelines:
– Know what products are hot in your niche and have high demand on the market.
– Consider what country your supplier is located in – this can impact delivery time as well as the price of the product.
– Don’t buy from multiple vendors for all the same product – find one supplier that can fulfill all your needs and buy in bulk.
– Consider whether you want to work with a private label or not when looking for suppliers.
How to Choose a Dropshipping Software Platform
When it comes time to choose what platform will be best for your dropshipping business, there are several factors to consider.
– How experienced are you with online stores? You may want to start out on Shopify, which is easier for beginners and still has powerful functionality available as you grow your business – there are also some great Shopify apps that can help make your dropshipping experience more successful.
– Do you have an eCommerce background or a marketing background? Depending on which one applies to you, WooCommerce may be the best platform for your needs because it offers more flexibility and customization.
– How many products do you want to list in your store? For example, Bigcommerce has an unlimited number of products that can be listed while Shopify is limited to 12 at any time.
– How many SKUs do you plan to offer? If your store is going to be stocked with 500 items or more, then Bigcommerce may not be the best choice for you because it can become very expensive and difficult to manage all of these products in a way that benefits customers.
– Do you want your website to also serve as your primary marketing tool? If so, then Shopify is the best choice for you because it makes it easy to promote and advertise products.
– How do you want to handle product fulfillment? For example, WooCommerce allows sellers to fulfill orders themselves by shipping them out or have a third party (such as Amazon) fulfill their order making things easier for you.
– How much time are you willing to spend on the eCommerce store? If you’re not going to be available 24/hours a day, then WooCommerce is best because it requires less maintenance than Shopify and Bigcommerce.
Tips and tricks for successful dropshipping
– Select a niche that you’re passionate about and focus on it
– Use Facebook ads to reach customers who are interested in your products, but haven’t made the purchase yet
– Use Google Adwords to advertise to people searching for related keywords
Do not give away your secrets! Be mindful of what you share on social media, making sure to avoid posting anything that can be considered ‘trade secrets or information that will help your competition steal business from you.
Don’t forget about SEO; make sure Google understands who you are and what you’re all about. Use keywords in your title, content, and headings to make sure that both humans and computers will find the information they’re looking for when they search online
– Be mindful of quality control; be careful not to produce more products than you can sell
– Consider dropshipping with eBay if you have an established online following
– Be prepared to take risks. You will not succeed unless you are willing to be flexible and adaptable.
– Decide on the best business model for you.
– Consider the legal implications of your decisions before proceeding (e.g., will this be a sole proprietorship, partnership or corporation?)
– Get an EIN number to run your business if you decide to register your Business as a LLC
– Create a separate bank account for your business; don’t use the one you already have
– Get insurance to protect yourself from lawsuits
SEO Tips for Dropshipping
In order to start a successful dropshipping company, Google needs to understand who you are and what is all about. You can tell that by using keywords in your title and description.
1. Create a website to sell your products
2. Include photos of the product on the site and videos if possible
3. Add detailed descriptions for each item, including its material, size, weight, and any other special features. Make sure that you include these details prominently in one spot so customers can easily find them when they are browsing the site
4. Include a contact email address and phone number so customers know how to reach you. You may also want to offer customer service over the phone or chat
5. Create an About Us page that tells your story in detail, describes what led you to start the business, and tells readers about other people on your team. Make sure it is clear what the company does and why it is different from other businesses
6. Create a page for each of your products with information about its price, size, features, quality, and any other details that may be important to customers. Include at least three pictures so shoppers can get an idea of what they are buying. You will also want to include a section on the page where customers can read reviews and ask questions before they buy
7. Add a blog to your site that you update with new content about what is happening in your company
8. Share links to your products through social media, like Facebook, Instagram, or Twitter
9. Create pages for delivery information, Terms and conditions, refund policy, contact information, and FAQs
10 Use a simple domain name that is easy for customers to remember. This will make it easier for them to find your store, even if they are not sure about the spelling of the word
11. Consider hiring an email marketing service so you can keep in touch with potential buyers without having to do all of this work by hand
12 Have a pricing strategy in place before you start selling. You want to make sure that people know the value of what they are buying and don’t feel like they have been taken for a ride
13. Invest in high-quality photos – it’s worth paying someone else to do this, so your products look their best from the very start
14 Start with a small order of just one product. This is the quickest way to make sure that you know how it works and will give you more confidence when moving on to selling others
15. Be patient. It takes time for your store to start taking off – be prepared for people not buying things straight away!
In order to start a successful dropshipping business in 2021, it’s important that you know the basics of eCommerce. You should also be aware of marketing channels and how they can help your online store grow quickly.
As an example, Facebook advertising is one way to spend relatively little money on ads with high conversion rates for online stores.
We recommend that you do your research and create a detailed plan of action before starting any marketing campaigns or building out your website. This will help ensure that all aspects of the project are accounted for and there is no room for mistakes or oversights along the way.