Dropshipping

[Mattp.ecomm]

<div class="bbWrapper">Hey All! <br /> My name is Matt, I’m a 22y/o getting into the world of ecomm. <br /> I started my first dropshipping store this previous Monday.<br /> Just wondering if there’s anybody out here that is experienced in dropshipping or just starting out. Love making new connections!!</div>

 

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[MJ DeMarco]

<div class="bbWrapper">On this forum, droppshipping is consider a low-barrier, low probability business. You won&#039;t find many people here doing that, although there&#039;s probably a dozen or so dropshipping failures that might be able to help you.<br /> <br /> Good luck.</div>

 

[Safi]

<div class="bbWrapper"><blockquote data-attributes="member: 114908" data-quote="Mattp.ecomm" data-source="post: 1027089" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1027089" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1027089">Mattp.ecomm said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Hey All!<br /> My name is Matt, I’m a 22y/o getting into the world of ecomm.<br /> I started my first dropshipping store this previous Monday.<br /> Just wondering if there’s anybody out here that is experienced in dropshipping or just starting out. Love making new connections!! </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Hi <a href="https://www.thefastlaneforum.com/community/members/114908/" class="username" data-xf-init="member-tooltip" data-user-id="114908" data-username="@Mattp.ecomm">@Mattp.ecomm</a> <br /> <br /> Good to see that you&#039; also started Dropshipping. I really wish that you will be successful in your new venture. <br /> <br /> In which niche you&#039;ve started ? or you&#039;re also selling so called chinese popular products ? Although it&#039;s working well but now due to high saturation it&#039;s not profitable anymore. <br /> <br /> I&#039;ve few more ideas to share with you which i really want to share with you as many of the peoples who are getting into this facing alot of problems in getting consistent sales and profitable.</div>

 

[MitchC]

<div class="bbWrapper">There’s a lot of ecom success stories on here, not many dropshipping success stories.<br /> <br /> All of the things that make dropshipping a little bit easier, also make it a lot harder.<br /> <br /> Pros:<br /> No need to handle logistics<br /> No need to hold stock<br /> No need to invent anything new<br /> Can test a lot of products in a short amount of time<br /> <br /> Cons:<br /> Everyone can steal your content and ads<br /> Anyone can sell your product<br /> Product quality is an issue<br /> Shipping times are an issue<br /> You end up competing on price<br /> Trust and branding are an issue<br /> Repeat customers and referrals are non existent<br /> Cannot really sell the business<br /> <br /> Drop shipping is good for testing products and niches but I would only do it until I found a winner and then work on building a brand.<br /> <br /> If you have your own product with branding<br /> No one can steal your content<br /> No one can sell the same product<br /> Shipping times can be fast<br /> Price can be increased<br /> Costs can be reduced in some cases by bulk buying<br /> You can build a brand and get referrals, seo, forum mentions etc<br /> Trust is increased<br /> You can sell the business<br /> <br /> It going to be much easier to find “winning ads” and have a profitable business if your product is better, you costs are lower, your prices are higher, your website more trust worthy, your shipping times shorter, you’re getting referrals, repeat sales and seo and no one else can sell the same product.</div>