dropshipping? How does it work in 2024?

[Fem's concept]

dropshipping? How does it work in 2024?
Dropshipping is a fulfillment model that allows entrepreneurs to outsource handling and shipping products to a third party. This fulfillment method can appeal to entrepreneurs seeking efficiency and low overhead, but it has trade-offs.

 

[pdzw1991]

In my opinion (and I create a lot of shops on Prestashop) it works quite well. But...
1. You have to had not thousand of products. Importing catalogs of thousands of products from wholesaler won't work. You have to carefully find which products are selling.
2. You have to find market niche. There is hundred of thousands shops. Why client should buy with you? You have to had different products than others.
3. If you have the same products your customer experience must be exceptional. When you start you can't fight with the prices because you don't have enough money. Now everyone expects fast shippements, good customer experience, easy buying process, secure payments and things like that.
4. Get a marketing agency. For sure when you start and even have fast shippements, good customer experience etc. you need to find a clients. You will need facebook page, opinions on google and also google ads.
I know that the tips I wrote are general, but it's hard to write precise ones if I don't even know the industry you're thinking about. If you have any questions, please contact me.

 

[letsbcool]

I know a company that offer this service. PM me for details.

 

[thecrowlife]

Just be careful when using eBay tho.. some ppl getting banned not sure why or for what.. i been looking as well something to start out with but most of them wants up front money.. which does not make why.. even when they do pay for it, u have to pay out of ur own money before u get the ebay money lol tbh the drop-shipp should allow ebay clients to buy it and then have that money to pay for there goods and we get the proft after that markup

 

[osama1502c2]

I’ve tried dropshipping, and while it’s definitely a low-cost way to start, it comes with its challenges. You don’t handle the stock or shipping, which makes it easier to scale, but the profit margins can be pretty tight. The biggest thing is finding reliable suppliers—if they mess up, your reputation takes a hit. It works well if you can find a good niche and stay on top of things, but I found it takes more effort than I expected, especially when it comes to customer service and making sure everything runs smoothly.

 

[putitaliberada]

I believe these days is quite difficult to do dropshipping since the vast majority use the same sources (namely Aliexpress, Alibaba, Temu...) and those are open to anybody and everybody to buy direct -without the middleman. It's a bit like going to the brand store to try something on and then purchasing it online to the cheapest bidder. Don't you think so?

 

[brokebutalive]

Just make sure you have an offer that makes you money while subsequently providing value to the customer.
It is HARD to make it work yet fairly simple to understand.
Understand basic business principals of Break Even CPA and Margins. It is all about how much you can get the customer for and how much you can make him worth. It is not easy but IT STILL WORKS.
If you have questions just message me (I NEVER charge obviously, not any guru, have done over half a mil in revenue lifetime and 30% profits, can def share something tips, cheers!)