One of the most lingering discussions in the dropshipping community which is practically a conundrum is the viability of the business in 2020. Given the fact, that dropshipping has been one of the most promising ventures and have already made millions of dollars for entrepreneurs around the world, the industry speculations have been endless.
That the business has evolved to be a saturated ground and that people can’t make huge profits has been the concern for many wanting to jump ship. With leaders like Shopify and Magento as the frontrunners of the show, here’s everything you need to know about the current state of the business from close quarters.
Competitive, Not Dead
In the last couple of years, the very model of dropshipping has witnessed a huge rise. Similar to any profitable venture, dropshipping too has witnessed too much competition which is seemingly difficult to sustain across a small scale. This is exactly why some look at drop shipping to be a hugely befitting business model, while others look at it as a dead platform, owing to the increasing number of players.
One thing, we all need to keep in mind is that people will never order goods from Aliexpress if they show a longer delivery time for general products. Interestingly, the same individual would be willing to wait for the desired piece, no matter what the shipping time is. This validates the fact that drop shipping ain’t that bad a model for business until you know what to sell to people according to their needs.
For instance, when someone orders a smartwatch from under the consumer electronics category, chances are he is not looking to wear it ASAP. It’s only evident how they want the good stuff, say maybe an Apple Watch which is seemingly one of the best products in the market and pricey too. Hence, it’s worth the wait!
Why Dropship With Shopify in 2020
The very reason why the entire game of dropshipping is hard work is solely because of the competition. However with Shopify, one is guaranteed a lot with little to almost negligible investment. Plus, the platform is a rewarding one with simple to use features to effectively run your store.
Any excess inventory is also taken care of as one only needs to meet the required number of products. Therein lay the very essence of e-commerce platforms which deals with manufacturing new products or wholesaling bulk from a supplier. When using Shopify along with Oberlo, it does allow controlling one’s inventory with only a few clicks. Furthermore, Shopify also employs a wide range of apps for drop shipping which accounts one to source and sell goods from suppliers with ease.
As of inclusions, it will be welcoming to see if one can include a rating for the quality of goods from dropshipping suppliers as a majority of stuff is produced in the Far East, amidst poor working environs. As such, the absence of such info makes one less confident about the quality of the goods that one sells through dropshipping apps.
Dropshipping might not be the perfect choice for a business, but it’s definitely a stress-free way to go about an online venture. The business model, no matter what, requires one to put a good deal of hard work promising a slew of advantages. A few blemishes along the way might include dealing with few app-based complexities.
While looking to dropship with Shopify in 2020, one must shift their focus to speciality products. Doing so will require one to commit towards an awesome level of energy to help locate the current market at its best. If your showcased products perform well, you will still be promoting a great deal of your online store which is far from engagement and requires one to look into every single product class that’s there.
As such, one can choose to keep a parcel in a room which can be sold as Prompt Shipping Product at the highest plausible rate. Such an approach will lure even higher number of customers, barring all those who are reluctant enough to pay for a high-quality product, thus making the cost as well the hold an issue. You see it’s never about the methodology that one uses. As dropshipping businesses progresses all over the globe, it doesn’t mean that one can choose to preclude any part of it.
In 2020, it will be quite a bit of rewarding challenge to help examine the best way to make use of Shopify to boost one’s store targets. The good news is with careful planning coupled with effective consideration; such unseen hurdles can be taken care of paving the way towards a thriving and profitable venture, open for one and all.