Drop Shipping Methods

makgrovi

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Hi,
I have been seeing a lot of drop shipping opportunities and I wonder if Ads is the only way to actually get sales?
And I wonder what are the secret places to find products which have good potential for drop shipping in single products and not doing FBA because FBA involves a lot of risk and money..
Thank you in advance for help!
 
Well, that of course depends on which platform you are dropshipping on. If it is eBay you can go pretty far without ads, however, if you are dropshipping on your own Shopify store you will need to drive your own traffic and the most effective way to do that is to pay for it by Ads.
 
Also depends on the type of products. For example if you are selling business oriented products you could also do contact form marketing to promote.
 
Some guys favour e-mail traffic to squeeze extra juice out of recurring customers. In most cases, they give out something for free (dirt-cheap products) which adds a subscriber to their marketing mail list.
 
Can anyone point me to a good drop shipping course? thank you!
 
Important mindset tip (in my opinion):

See more money and risk involved not as disadvantage.

It's actually an opportunity for less competition, since less people are willing to do it.
 
Can anyone point me to a good drop shipping course? thank you!
You don't need a course as there's nothing special about drop shipping. The ONLY difference between a regular retail business and a drop ship business is with drop shipping you've outsourced logistics. It would be like having an office and warehouse in a single building you visit, vs an office you visit and a warehouse managed by someone else at a different location. The entire business is still the same. You still need to advertise, make a website, sell products, deal with customer support, etc. all as if you had a regular business.

Drop shipping isn't some magical way to make money, that's BS peddled by course sellers because they wouldn't make money if they were honest and just said "yeah, the only difference is outsourced logistics". They have to make it seem like this mysterious magical way of doing business so they can sell their course, it doesn't mean that's actually true.
 
You don't need a course as there's nothing special about drop shipping. The ONLY difference between a regular retail business and a drop ship business is with drop shipping you've outsourced logistics. It would be like having an office and warehouse in a single building you visit, vs an office you visit and a warehouse managed by someone else at a different location. The entire business is still the same. You still need to advertise, make a website, sell products, deal with customer support, etc. all as if you had a regular business.

Drop shipping isn't some magical way to make money, that's BS peddled by course sellers because they wouldn't make money if they were honest and just said "yeah, the only difference is outsourced logistics". They have to make it seem like this mysterious magical way of doing business so they can sell their course, it doesn't mean that's actually true.
Ah I see, I guess what I am saying is that I don't know even the basics of it. My main concerns are how much of the profit would drop shipping take away from me vs me storing the items, and also how much latency this would add or remove to the shipping process. Thanks again!
 
You can find legit companies that can fulfill from alibaba or other sites that are similar. You can sell their products on FB, Google, Etc and they can fulfill for you. You can use stripe and paypal to be able to accept payments.
 
Ah I see, I guess what I am saying is that I don't know even the basics of it. My main concerns are how much of the profit would drop shipping take away from me vs me storing the items, and also how much latency this would add or remove to the shipping process. Thanks again!
Drop shipping often takes most of your profit away because the guy with the factory is already selling on eBay/Amazon/etc. Shipping to your customers is going to take longer than they expect as most people have gotten used to 2-day shipping. A typical drop ship supplier may take 2 days just to get it into the mailbox, let alone ship it halfway around the world.
 
Drop shipping often takes most of your profit away because the guy with the factory is already selling on eBay/Amazon/etc. Shipping to your customers is going to take longer than they expect as most people have gotten used to 2-day shipping. A typical drop ship supplier may take 2 days just to get it into the mailbox, let alone ship it halfway around the world.
I appreciate that. Do you happen to know of any shipping methods for me to be able to deliver that 2 day shipping if I have it in stock at home? sorry I know it's a lot of questions but I want to know all my options
 
I appreciate that. Do you happen to know of any shipping methods for me to be able to deliver that 2 day shipping if I have it in stock at home? sorry I know it's a lot of questions but I want to know all my options
If you have the products at home you can just label them and send it to Amazon FBA, then people can order from Amazon.com with Prime 2-day shipping, or you can go in Amazon's Seller Central and manually process orders with 2-day shipping. Just make sure to run the numbers to see if it's profitable as there's handling fees, storage fees, etc. as you're hiring Amazon to be your 3PL (3rd Party Logistics) company. Searching for 3PL would bring up alternatives but if you're willing to handle and store inventory, you can just ship 2-day if your margins allow for it.

Now we are talking about two different things here though, one is drop shipping, the other is 3PL. Drop shipping you don't hold inventory risk, 3PL (or self-fulfilled) you do, and everything still depends on your business model. 3PL might be good if you got a few hot selling items, you could order a 20 foot container of them from China, send it to a FBA Prep company (they can do the labels and forward to Amazon for you if you don't want to handle product at all but still go 3PL), and sell those items. But if you want an online store with 50,000 products then 3PL probably isn't a viable option, you might be stuck with drop shipping if that's your game plan. While selling perhaps one small item might be best from home, and some items people don't care if it takes 2 days or a week. Ex: If you order a fidget spinner there's very little chance you actually care if it ships quickly as it's a novelty item you don't need, but the vast majority of products people will want quickly as the product fills a need.

Which is yet another thing to decide. Are you going to sell products that fill a want, fill a need, something in-between? complete novelty? gifts for other people? As that alone could change everything, selling a "novelty want" item could ship from China, while a "gift other people" only becomes critical around the holidays, and a "need" item you'd have almost no chance with slow shipping. I would also figure out your customer base, as there's a vast difference in what you should do if you're selling "novelty want" items to Grandma for her Grandchildren, vs selling "need" capacitors to people repairing audio amplifiers. Chances are Grandma with the fidget spinner is going to be the easier customer.

Granted with all that said, shipping is not your largest problem or concern unless you're going to sell a commodity item where your only chance is to compete on price and shipping speed. At the end of day if you drop ship, use 3PL, send stuff from your house, etc. you still have to run a full retail business. Drop shipping doesn't take away anything like people think, all you're doing is outsourcing logistics but you still have to do everything else like run the website, deal with customers, source products, deal with returns, etc. etc. If you want to make a few bucks on the side you might be able to half-ass it like the drop ship guru's say (but apparently don't take their own advice because they sell courses instead of drop shipping; might be because drop shipping isn't as easy as they say), but if you want to build a proper business then your logistical method isn't your largest problem. Don't get me wrong it's a large issue but you have more pressing things to consider. The drop ship advantage is you could make 5, 10, more websites to test the waters but generally your profits are going to suck. You might even consider using drop shipping to find your niche and then go to 3PL or self-fulfilled in the future. There's many things to consider if you want to build something that's more than a hobby.

edit: You might also consider selling used items. That was my first business as I'm not exactly a fan of work and the margins are typically extremely good. Plus your customers tend to expect less, if you're buying a used printer from me there's a fair chance you don't really care if it ships quick. You just want something used and cheap that eventually gets to your door and works. People who buy new vs buy used is also a complete different market with it's own pros and cons.
 
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