This business model is quite lucrative and getting very popular nowadays. It is possible to be able to make sustainable income doing dropshipping. I will assume you know all about dropshipping but if you don’t already know, lets look at what is dropshipping and take it from there. Before we continue, please check out my last post on Live Leap review
WHAT IS DROPSHIPPING
Dropshipping is simply sourcing for products from vendors in sites like Aliexpress etc, and copying the product information from their website and placing it on your website as your own product.
You are also able to increase the price so when someone buys through your site, you make a profit. The way it works is that, after an order has been placed on your website, you then proceed to buy from your merchant or vendor and indicate that the product be shipped to your client that bought from your website.
The good thing about this model is that, you are not stocking any merchandise and you are not required to buy the product pending when you will sell it. Although it is a very difficult business model to do if you have to manually copy the graphics, description etc to your site. It would probably take you months to manually copy each item photo, description etc. You would probably not have the time to go through all products in a particular category to get the best price.
Also you need training on how to source for products from sites like Aliexpress and also finding the right vendors to use and what to look out for. To do a dropshipping business, there are a lot of things to look out for before selecting a vendor but i am afraid we will not be able to talk about it in this post but what i want to recommend is for you to check out my #1 dropshipping plugin that takes care of all aspect of your drop shipping business with the click of a button. You also get full training and support with your dropshipping business when you buy the plugin. This is a must have tool if you are truly serious about making money online doing dropshipping through Aliexpress.
WHAT YOU WOULD NEED TO START YOUR DROPSHIPING BUSINESS
You would need a domain name (Click here to get a domain name from my #1 recommended domain registrar)
Before choosing a domain name, please do read my article on choosing the right domain name for business.
You would need a web hosting account (Click here to get a hosting account from my #1 hosting provider)
You would need a wordpress theme (You can get wp themes from wordpress.org both free and paid).
You would also need woocommerce plugin (Go to google and type woocommerce plugin ) it’s free.
You would also need a payment processor (Paypal is a good choice as it appeals to almost every consumer but you can still incorporate your local payment processing gateway).
You would need a plugin to automate the importation of the cheapest quality products, product pictures, description, Manufacturing price, posted price etc to your wordpress website. One of such plugins that can do this is wpproficom. I highly recommend this wp plugin. It makes dropshipping very easy. Did i mention it comes with complete training on killing it doing dropshipping? well, it is included with your purchase of the plugin.
You also need a reliable autoresponder service. Sendinblue do just fine. But if you want to use a free service since you are just starting out. I recommend Mailrelay or mailchimp. Make sure to verify your domain name etc so you can be able to send emails from your domain name although there are risk. Make sure you only send emails to people who subscribed through your link or website. They also allow importation of contacts.
HOW TO SEARCH FOR VENDORS OR MANUFACTURERS ON ALIEXPRESS
Searching for manufacturers to help make your dropshipping business a success is something most people don’t take time in researching before embarking on starting a dropshipping business.
But this step is very important if you want to hit it big with dropshipping.
I want to bring to your notice that there are a lot of shady vendors or merchants in Aliexpress portal. You just have to run a search on google to see the scale of this problem. So, make sure that the merchant or manufacturer you are using for your dropshipping business is legit and they are known to deliver shipment to their clients.
This can mean the difference between success and failure so please make sure you spend time researching merchants before embarking on starting a dropshipping business.
Just imagine a customer buying a product from your website and you proceeded to buy the product from your merchant using your customer address in other for the product to be shipped to them only to find out that the product have not been shipped.
This can put your business in a bad light. A bad review is bad for business. The good thing is that there is a way that you can use to access each merchant you want to do your dropshipping business with.
The first step to doing this is checking the reviews on the merchant profile to see if they have had problems with their customers before and if the problems were resolved.
You could still go ahead to get in touch with customers that gave reviews and find out how their problem with the merchant was resolved.
I have heard cases where customers are pressured into giving fake reviews and cases where customers are told they would re-ship a product but want the customer to pay for the re-shipment of fake or bad products. That is not good for someone starting a dropshipping business. so make sure to do proper research before choosing a dropshipping merchant.
HOW TO GO ABOUT SELLING PRODUCTS IN YOUR DROPSHIPPING BUSINESS
You have a number of ways you can sell a product doing dropshipping.
You have direct selling and email marketing. Direct selling could be done on social media platforms etc. While email marketing is by selling products through the emails of your subscriber using an Autoresponder.
The one that is most profitable is selling through email marketing because when someone subscribes into your email list, you can sell to them over and over again.
I tend to advice people wanting to start a dropshipping business to go for collecting leads rather than selling directly because it is more profitable to sell through email.
You could also reach out to your friends and family telling them about your website and encouraging them to shop on your website when they want to do their shopping. This is a very effective strategy.
If you have a Facebook fan page, you could also do your selling there but like i have mentioned in my previous article, you need special social media management tool to handle your social marketing effort as it is overwhelming to try to do it manually.
SOCIAL PLATFORMS TO USE TO SPREAD AWARENESS OF YOUR WEBSITE & PRODUCTS.
We are going to list the most active social networks below.
My #1 rated social medial management tool manages your Live videos and helps syndicate them across Facebook accounts, Groups, Fanpages, LinkedIn & twitter accounts.
Twitter is very important platform to do any kind of marketing online and it also helps you keep track of your followers unlike other social media platforms, twitter has the most deep pockets. So this is one platform you have to take seriously but like i mentioned before, marketing on social media platforms is very time consuming and overwhelming. You would need a Twitter management and marketing software like Traffic Snap
Instagram is another powerful network that you can promote your dropshipping business on but once again, it is very time consuming and chances are you won’t be able to effectively promote your dropshipping business effectively.. To marketing effectively on Instagram, you need Insta Easy which is a APP that helps you market and manage your Instagram account turning it into a sales machine. This tool will drive sales and traffic to your website on autopilot.
Snapchat is another social platform you want to be engaging with. But once again, it is very difficult keeping with all your social accounts. Just snapchat a lot will overwhelm you. To market effectively on snapchat, you need my recommended snap chat training that works.
For selling your dropshipping product using email marketing, you need a very good and reliable autoresponder that has high delivery rate.
One of such autoresponder is SENDINBLUE.
Please check out their website to see how it works and what the price is for their service. I would advice you to start small and when your list starts to grow, you can upgrade your account as needed.
You can then add a popup to your website that encourages your website visitors to subscribe to your email list for a free gift. The gift could be for great savings or whatever you can come up with. You can also use a reward system to collect leads. You could use surveys and competition to collect leads.
This software is revolutionary and it can help you create any kind of surveys, you can also use it to create a competition and as people enter the competition, they automatically subscribe to your Autoresponder email list.
You can use it to create a reward system for anything. This is very effective and it engages your audience in ways you never thought before. You can use kickstart survey to place your surveys on any website page and when you share it on social media and people start clicking and interacting with it, they automatically op-tin to your email list.
The trick to getting amazing results with Kickstartsurvey is to find authority website in your niche, go to kickstart survey and set everything up and share your special link that will be created. it’s very easy to set up and you really have to check it out to see whats in store for you.
YOU SHOULD HAVE A GREAT SUPPORT MECHANISM FOR YOUR CUSTOMERS
We all know how we feel when we are not satisfied with the support of a company to their product. It’s a sales killer. So it is best to connect your email of your dropshipping business to your phone that way, you get instant notification when you receive an email from your customer.
The way profitable marketers run their dropshipping business is that, they have not one but 2 manufacturers they buy from. One should be the one you trust completely. meaning the one you use all the time while the other should be the one that you use as alternative in case the first one could not meet up with the delivery.
If a customer buys from you and the product is under $50 and for some reason the product have not been shipped, you should immediately order for another product and have it shipped immediately. If a customer contacts you that the product they received is defective and it is under $50. It is best to just make another order and have it shipped instead of waiting and keeping your customer waiting.
Remember, you want to get good reviews as much as possible. When they receive the new shipment, you can tell them to keep the first one. That way they are happy and are satisfied with your service.
Also, every customer likes prompt response to their queries or questions. So try to respond to your customers emails asap and don’t keep them waiting.
After someone purchases from you, encourage them to give a review of your service. Doing so could triple your sales as people will be able to see that you have a great business going on.
Dropshipping business is the new way to go for people who are interested in starting a Ecommerce business. But please note that proper keyword research is very important to get profitable keywords for your business. This should not be overlooked.
We have come to the end of this article on starting a dropshipping business. If you are into dropshipping and have a special way that you sell your products, or a special way that you promote that is very profitable, please comment below. Also, if you have questions and want guidance in any part of your business, please comment below or use the form on the right top corner of this page to contact us using our contact us form and i will get back to you asap.