Ecommerce has gained the popularity across consumer norm. Because shopping online is a way more convenient and offers wide range & variety of products that shoppers can access easily. Not many people go out of their houses to purchase something, which they can at an online store that offer great products delivered to their doorstep within days. USA has ranked top in Online Shopper's list and BigCommerce says 51% of Americans prefer to shop online in 2019, due to rise in online shopping trend stats says tha e-commerce sales in USA are projected to 603.4 billion USD in 2021. With more than 79% of Americans shopping online, the majority of small business are missing out. While Ecommerce marketplace may seem crowded at first look but it is a market brimming with high growth potentials.
Here’s an alarming stat that should make you want to start selling online: Even though ecommerce is growing by "23%" each year, BigCommerce says “46%" of American small businesses do not have a website.” With more than "79%" of Americans shopping online, the majority of small businesses are missing out. While the ecommerce environment may seem crowded at first glance, it’s a market brimming with potential for growth. Though eCommerce consist perfect competition,find out a cretive trend that is yet to be discovered.
If owning an Online Store has been a long-time dream, but you haven’t had the right opportunity to create your own store then start with E Commerce Drop-shipping method.
We have built a successful ecommerce blueprint model that gives you in-depth overview of starting your online shop with a very little investment, however It is important to covert an isolated dream into reality. Stop Analysis Paralysis & Take massive actions , “Conduct variety of Research”, that will help you to relate your possibilities.
To put it simply, if you want to take a more hands-on and controlled approach to design, with more effort in exchange for more options, you’re better off with a platform like Magento or WooCommerce. But, if you’re looking for quick and easy—a platform that takes the sting out of the technical details and lets you focus on business management—Shopify is best recommendation. Present your store to be a brand that your consumers can trust are comfortable taking their card and shopping online, make most for them. Even a new store can look and work elegant. Use Automation and Scale big margin & profits through focusing on sales and brand awareness. Starting a drop-shipping business often needs a lower investment than self fulfillment, since the manufacturer or wholesaler is handling the inventory. All you need to do is pick a winning product that is scalable and start promoting creative ads on social media platoforms and search engines.
Today, Drop shipping has become a highly profitable E Commerce business model that can be started with almost zero investment. Some ecommerce giants such as Zappos, Wayfair, and Fab and Gilt, all have built their business models around Drop-shipping.
Drop-shipping isn’t a business that anyone can start. Keeping the fact in focus, we have compiled a list of people who will be more successful in this kind of online arbitrage business.
Let’s take a look at some of them:
i. Beginner Entrepreneurs Entry-level entrepreneurs - Those who are looking to start a new business. Since they are totally new to the startup game, they will have a hard time learning the process. But the good thing is that they are fresh, and ready to understand the concepts. In our opinion, these beginners can take the drop-shipping game to a whole new level quite easily.
ii. Budget Entrepreneurs - Budget entrepreneurs are math's wizards. They calculate everything, including their profits and losses, and keep benchmarks for their next success. Drop-shipping can be an ideal business for them. Because they will grind to the tiniest of details and build processes to keep the cash-flows high. For them, it’s all about passive income pipelines.
iii. Ecommerce Store Owners - Ecommerce store owners are professionals. Ecommerce is their bread and butter. Taking drop-shipping challenge will be nothing but a little more gravy on their plate. They can easily win the drop-shipping business because they know their customers, the ad-sets that convert, and the market they want to target. They are the lords of drop-shipping game.
iv. Side Hustlers - Side hustlers have a permanent day job. They are just trying to make a few bucks on the side. They are ready to learn new technologies that can bring in more money. They might require some training in the start, but once they figure out how the whole drop-shipping process works, they will be ready to take things into their own hands.
Just remember, starting your drop shipping store is not the hard part, the hard part is when you get stuck and your product is not getting sold. When that happens, don’t worry and keep testing. Soon, you will have a product that sells well. Discover what you are passionate about. Do you love cars? How about selling car parts and accessories then? Do you love books? Why not start an online book store? Online commerce gives you the perfect opportunity for converting your passion into a viable business. Analyze your chosen niche and find the opportunity gaps. This covers all the aspects of the industry that are underserved. Similarly, try to analyze the pain points of the target customers. Next, conduct keyword research on the product you wish to sell. This way, you can pinpoint the demand for your product that will help you plan your inventory and order placements.
Every happy family is same but every happy business is different because they solved a unique problem, Let us find out the challenge thorugh a strategy call and prepare for a unique solution to drive results for your cause. If you still think you need a information & assistance Digital Pizeon is at there for guidance & coaching. Get on a personalized strategy call to understand, how Digital Pizeon can help you form your online store and drive traffic to generate sales. Every strategy call is worth $150, however we are offering it for free because we have been there,where you want to be. Let's make business simple.