Is Dropshipping Dead ?

Despite having this type of lucrative transacting model, the dropshipping business is one marred by controversy.

You'll hear some buyers say the trade is on a downward spiral while suppliers argue that it's thriving. It's difficult to decipher the facts based on people's words.

Instead, let's consider the facts and figures. All things considered, they rarely lie.

What is Dropshipping?

Dropshipping is really a retail fulfillment method occurring via three primary channels:

• The supplier
• A center man (drop shipper)
• The client

Unlike the common business model where in actuality the retailer handles the products directly, the supplier sees through all of the transaction in dropshipping.

As a middleman, your main job would be to ingest consumer orders and relay this information to the supplier for the delivery process to begin.

Once the supplier receives an order, they ship the products to a safe location before delivering them to the conclusion consumer.

Where Dropshipping Takes Place

The entire transaction occurs virtually via an online store.

Your main task is to locate a suitable online space where buyers can communicate with your products.

The platform must have an automatic system to ingest your clients'orders and answer their questions whether you're present or not. It should also facilitate the delivery process, to reduce your cost of operation.

There are numerous big shops platforms to pick from, such as Shopify, WooCommerce, and Magneto, depending on your own niche. Therefore, look at all your alternatives before purchasing one.

Is Dropshipping Profitable?

In just about any business transaction, numbers tell the entire story. The linear graph below displays the dropshipping curve in recent years.

options to consider include:

• Wireless devices
• Babycare products
• Wall stickers
• Mobile bars
• Sportswear

Companies Worth Partnering With

If safe delivery and proper storage are your main concerns, consider partnering with any one of these companies:

• Wholesale2B
• Dropship Direct
• Salehoo
• Mega good
• Doba

Is Dropshipping Illegal?

Exactly like network marketing or direct sales, dropshipping is really a different business model. This doesn't ensure it is an illegal business, it doesn't matter how lots of people continue to question its legitimacy.

However, understanding your country's specific regulations on the trade is critical to avoid colliding with the law as some countries prohibit the model.

Is DropShipping Dead?

While turmoil between the USA and China (the two largest traders) threatens the dropshipping business model, many other countries offer similar products at a much better price.

Japan, for example, offers almost the same products as China at relatively the same price.

Dropshipping remains as lucrative a small business as any other. Therefore, take advantage while the ability lasts read article here.