Easy Steps to Success in Dropshipping!

In the world of e-commerce, dropshipping is now a common thing, and a lot of people are flocking to this method, because it allows you to make a tremendous amount of money without emptying your bank account.
To start a business in the past, one would have to get a loan from the bank, but now, dropshipping has changed all that.
With a little amount of cash, you can setup an online store and start selling premium products to thousands of people all over the world.
So how can you successfully start the dropshipping business?
Well… a few tips below should help set you on the right path.

1. Niche Research: This is almost a cliche term in internet marketing, but don’t be deceived, although it may sound cliche, it is extremely important in
laying the foundation for your success in dropshipping.
Finding a niche is the first thing to do in dropshipping. You cannot skip this phase. You need to research your
niche carefully and ensure you are picking one that has big demands, with plenty of traffic and customers that you can sell to.
You don’t want to have products that nobody wants to buy. So, researching your niche before jumping in to sell is crucial to the success of dropshipping.

2. Product Suppliers: This is the next step after making your research on the niche you want to delve into. Finding suppliers for your products can be tricky, as there are many scammers with substandard products or services out there.
As with niche research, you must also be meticulous in your research for product suppliers. Ensure you are getting genuine wholesale products!

3. Selecting your product(s): After picking a supplier, you must select the product to sell, and this will be chosen based on the niche you are working with.
Yes! You must be systematic in your approach. Now, you can decide to sell only one type of product, or you can choose to sell multiple products within the niche.
Both of these methods have their merits. Dropshipping only one product makes marketing straightforward and simple; your SEO marketing, product description, etc. would be easier to fashion.
On the other hand, dropshipping different products offer the added advantage of making more sales, by bundling, cross-selling, upselling, etc.
It is a matter of preference, so experiment and see what works for you!

4. The Dropshipping Avenue: Finally, you should select the avenue for your dropshipping business.There are a ton of websites offering dropshipping services including eBay, eBid or uBid, Bonanza, and Amazon.
So you have a wide range of choices to make. However, you must note that big names in the e-commerce business world like Amazon and eBay have higher dropshipping fees when compared to other sites, but they also
offer the added advantage of exposure and more customer traffic.

So if you have settled on running an efficient and successful dropshipping business, these tips should definitely come in handy. We have tons of other courses going into great detail and teaching you the rudiments of dropshipping, we also have some AMAZING TOOLS that can help out in the areas of niche/product research and even when it comes to finding GREAT suppliers for your products.
If you are interested in expanding your knowledge base in this business and separating yourself from the competition, then you should login to your sellslikehotcakes member’s area and check out our tools and video courses.

Oh! So you’re not a member yet? What have you been waiting for?

Register here and get informed and empowered with the lastest techniques and tools to fast track your success in e-commerce.
Remember, knowledge is power, but the truth is that without the application of the knowledge gained there can be no progress.
So… Take action today!

Have a great week.

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Last Wall Comments

 
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 Eddy says at 21:12 et
I find it super difficult to find a local dropshipper with lower cost compared to the competitors on amazon.com , I have like 4 wholesellers with different products most of them are expensier than those on amazon is it possible to find cheapers ones??
 
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Claudia says at 21:12 et
That's why doing it on Shopify makes more sense, like the course is teaching.. So that you can mark up prices higher and no competition or related products are shown!
Also I believe it's possible to find products with better profit margins on Amazon. also remember you can still bundle it!
I think having an amazon dropship business could be helpful for a lot of ppl? but shopify is a way to go to start it. Amazon still better for FBA!
 
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 USA says at 21:30 et
How to find and contact influencers on Instagram??
 
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 Samuel says at 21:31 et
Try whalar.com, socialhype.co, influence.co, Buzzsumo ,Boostagram .. each can provide list. Also BrandSnob app. Also of course direct contact without third party tools on instagram!
 
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 nicholas says at 21:31 et
Already discussed before, please search first...
 
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 Mister A says at 21:45 et
Any tips on choosing right product for FBA?
 
Claudia says at 21:45 et
Have you watched the video about the rules on choosing the product? in short, choose a small and lightweight product, not easily breakable, not a complex electronics, avoid patented stuff, price range 20-50 usd, make sure DEMAND is there and check with best seller tool!
 
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 Highlander says at 21:46 et
What categories are best for white labelling busienss?
 
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 lou says at 21:46 et
Sports and Outdoors, Home & Kitchen, Patio, Lawn & Garden and Pet Supplies.. Avoid Appliances, Electronics, cameras, jewerly, music and watches
 
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 Aria says at 21:51 et
WOW Great stuff here guys, very inspiring and helpful! thank you for all you do Hot cakes team!
 
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Claudia says at 21:52 et
Thank you Aria!
 
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 nicholas says at 23:20 et
Does anyone have a checklist of optimising your listings or a go to place for some tips?
 
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 Tyro Meg says at 23:20 et
Target the keywords that convert well for your product via PPC
 
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 Boris says at 23:21 et
Automatic or manual PPC better?
 
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Claudia says at 23:21 et
@Boris, please watch the video about PPC advanced strategies.
 
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 mia says at 09:35 et
Question about inspections in CHINA for amazon FBA. How to get my shipment inspected in China so you can have it sent directly to the Amazon warehouse? Thx
 
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 jack says at 09:36 et
Use a 3rd party inspection company. Check out www.chinaqualitycheck.com or guidedimports.com
 
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Ricardo says at 07:30 et
We are improving a lot our fb ads, yesterday we've reach 200 orders, and today we are closing with almost 900, but I have a question: How do you manage lots of orders? I use oberlo but is it anything beside 'clicking' to every order? I also, how to deliver automaticaly to my customer when their tracking code is available(?) (this hugh increase is because I just started facebook ads, before I just do everything organic) thanks!
 
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 Alice says at 07:45 et
900 orders per day??? wow that is amazing result Ricardo, well done! With such big volume you need to hire virtual assistant to help you "clicking". Oberlo automates prefilling the forms, address, sync of the orders but still some clicking is needed!
 
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 Caleb says at 07:46 et
WELL DONE BRO!!! WAY TO GO! Your story is very inspirational. Are you selling only to Mexican audience with such success?
 
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 Roman says at 10:41 et
Great success always inspiring for me, thanks for sharing!
 
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Ricardo says at 07:30 et
we are targeting, USA and Our own fan page, we have 3.2 Million people of our niche and more than a half are from mexico, and other parts of the world (latinoamerica for most), I started some years ago managinf only fan pages and make them viral, recently I have this new adventure of ecommerce. If you want you can visit one of them here: fb.com/elrockescultura.org anything else glad to help!!
 
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Andres says at 05:23 et
*store, or do you guys have more than one store in shopiffy?
 
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 Mia says at 05:24 et
once you have a successful store you can duplicate it into other niches!
 
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 Aria says at 05:25 et
I am opening more stores too. why limit just 1. once the stroe is up and running no need to baby sit it, just launch the next one!
 
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 rick says at 02:28 et
New store is in Critics http://sellslikehotcakes.co/wall.php come and post your feedback to help fellow seller
 
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FITZGERALD says at 15:36 et
What is Influencer Marketing and does it really work like the guru claim it is?
 
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 Gab says at 15:38 et
It means when you contact the influencers (youtube stars, instagram stars) via famebit or similar services or directly. It does work but it depends on the service you offer or the product. Lets say you have a beatuty product or tech product - it's easy to find the massive influencer for that. But if you offer something rare and local, it would be hard to advertise via influencers, as their audience is very broad!!! Hope it helps!!!!
 
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sol says at 07:45 et
Hi guys i am new to the community i have
 
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sol says at 05:00 et
I want to better my bullet points as i mentioned i have many best sellers and in house softwares that i built myself but i am lacking in describing my products so wwell
 
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 Amelia says at 05:00 et
try bulletpoints tools and keyword research!