Starting a dropshipping business is a great first step into entrepreneurship. You’ll be able to sell products to customers, set your own product prices, and market your very own brand.
Joti Statovci is one such entrepreneur who has expertise in Dropshipping and has successfully carried out the business over the years. He is a proud owner of Unbelievable Shop, an online shopping portal that is running successfully in the market.
While Dropshipping sounds easy but it does take a lot of efforts and skills to make it work. Here’s what the prolific entrepreneur has to share with the upcoming entrepreneur on Dropshipping.
Dropshipping is a business model that gives you the flexibility to operate an online store, without ever having to carry the product.
Know Your Niche
Don’t choose your niche based on what someone else says is going to sell. You need to select the best product for you. If you aren’t interested in the product that you are shipping, that’s going to come across to your target customers.
Don’t Limit Your Suppliers
Limiting yourself to one supplier can lead to long term problems. That supplier may discontinue your best-selling product, or sell out unexpectedly. Using multiple product suppliers also means that when you order your product samples, you choose the supplier that has the best product.
Focus on Presentation
One of the biggest mistakes that new drop shippers make in their new retail store is creating its products without editing the product description provided by the distributor. Add items to your shop in small batches, 20 – 30 tops. This gives you the opportunity to review and edit the individual product descriptions to optimize them for maximum conversions.
Create Custom Content
Custom content is a fantastic way to generate traffic to your site. One of the best dropshipping tips is to do live product reviews on your social media pages. Start blogging to compare different types of products. Most importantly, make it about the products that you carry.