Want to Start Dropshipping? Here's What You Need to Know
Dropshippers are limited by short-term success unless the fundamental obstacles are taken care of A deluge of eCommerce gurus often portrays dropshipping as a turnkey cash cow promising quick profits with minimum investment. If they are to be believed, even a hundred dollars is good enough to get going. A now defunct live store was set up to test the waters and gain insights. The findings reveal pitfalls to be avoided and successful strategies whilst building a dropshipping store: Niche Selection A narrow niche, preferably a micro-niche with low competition, should be selected. Dropshippers have manifested it to an extent where single-product stores are no more a rarity. A broad niche or a general store requires a huge marketing budget and more often than not eventually leads to failure. Small-ticket products are easier to sell at a relatively new online store. Home Decor was chosen as the test store’s niche; thanks to inundation of handy innovative products within the se...