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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 Mike says at 22:34 et
hi David! FOB means that the seller ships the goods to the port (such as FOB Shenzhen Yantian Port), and then the remaining responsibilities (sea freight, picking up and customs clearance) will be taken by the buyer . EXW is factory price.. . It means that the seller finishes the products and the goods is placed in the warehouse and the buyer needs to pick up the goods from the seller's warehouse.
 
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Claudia says at 07:39 et
If it's your first shipment I suggest to use "door to door" to avoid delays and hassles.
 
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 nicholas says at 21:09 et
What should i target with facebook ads as a goal?
 
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Claudia says at 21:09 et
Have you watched the video on the facebook ds? With facebook ads you can target for different results. Website Conversions means people going to your site and in this community usually means going to your site and buying something. Track them using the facebook pixel. You can also target for things like engagement, clicks etc.
 
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 Lucy says at 21:25 et
hi guys.. Can I get BAD product reviews deleted off my products page?
 
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Claudia says at 21:25 et
It's very rare to get bad review removed.. Usually it's better to prevent them like we teach in the course.. see video about negative feedback removal.. Also read https://www.amazon.com/gp/help/customer/display.html/?nodeId=12177361
Also dont over sweat about bad reviews, it's natural for any good product to have 1-2 one-star reviews, nobody is perfect and your customer don't expect just 5 start reviews, it might even look suspicious and fake.
 
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 Emma says at 21:25 et
Let it go.. Let it go...
 
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 USA says at 21:31 et
What is amazon/shopify connection?
 
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 lou says at 21:31 et
Maybe you mean this app? https://apps.shopify.com/amazon (Sell your products on Amazon using Shopify)
 
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 Wolf says at 21:43 et
My store is ready and doing pretty well. What app to create a contest and collect emails?
 
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 Emma says at 21:43 et
Check kingsumo.. it lets set giveaway on wordpress sites. in exchange for emails.
 
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 Good Vic says at 21:44 et
I made a shopify store about FURNITURE and people want to mix or match so I had to create a collection for each piece. the big furniture stores have it where you can choose different piece all from that same page. how to do it?
 
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 Kylie says at 21:44 et
Try Option Apps will do this..
 
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 Ray says at 21:44 et
What is ISF? I am confused
 
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 jack says at 21:44 et
It's Importer Security Filing.. As the importer, you are required to file some basic information before the cargo departs overseas and arrives in the US. Your freight forwarder will always taken care of this but double check always!
 
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 freedom says at 21:48 et
How to automate my FB social media posting?
 
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 jo says at 21:48 et
Try buffer.com to schedule, publish and analyze all your posts in one place
 
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 Dylan says at 23:08 et
I want to get in touch with a customer that left a one star review. I've been through all the reports and cannot find them!
 
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 Lane says at 23:09 et
Click on Orders and then click on Manage orders. if they have left their actual name, you can find them through a paid tool called 'sellermail'.
 
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Claudia says at 23:10 et
Let go... Most likely it's your competitor, more over amazon does not allow you to ask customers to remove bad reviews directly. You can get in trouble. Nobody expects your product to ONLY have 5 start reviews, so don't worry about it. You can't please everyone. Just keep providing great service and good reviews will cover a stinker!
 
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Claudia says at 23:10 et
You can remove however negative Seller FEEDBACK pretty easy. See our video on that.
 
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 Nick says at 16:22 et
I'm starting shopify, any tips on what kind of products ell best for you?
 
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 lou says at 16:23 et
I have good success with Print On Demand T-Shirts and Mugs.. Search Tee launch and Tee spring... Best part is that you don't need to dropship - they fullfill orders for you! Hard part is to get it profitable. You must find a passionate niche. Use the Niche finder from sellslikehotcakes - see menu above
 
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 Dakota says at 16:23 et
Great to see u start Nick! Good luck!
 
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 Rob says at 16:25 et
Last year i was successful selling trendy products, like Solar Powered Speakers, Solar powered iPhone chargers, wireless chargers. All that geeks love!
 
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Claudia says at 16:45 et
Try DOG stickers. Give them away for free and charge 2 usd for shipping. Then upsell your customers with second offer!
 
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 Kylie says at 16:47 et
Nick, Jewerly is super seller. Find it cheap on aliexpress, you typically spend $1.00 per item – $1.50 to acquire a customer – $2.00 Shipping and then we sell them for $15.00 + a $19.99 upsell which converts at like 20%...

necklace+ earlings
ring then upsell earrings

make sure it is related to your passionate niche (ie dog lovers etc)

Example PUG Necklace https://www.aliexpress.com/wholesale?catId=0&initiative_id=AS_20170218084713&SearchText=pug+necklace
 
Rene says at 22:57 et
How do i get started???
 
Claudia says at 22:58 et
Hi Rene. Best way to start is to go through the video course first http://sellslikehotcakes.co/videos.php which will guide you through the whole steps.
 
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 Gautam says at 04:49 et
I want to open a store selling oils and alternative health products. Will there be issues shipping to the U.S. like customs?
 
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 Violet says at 04:54 et
It's hard to say, are you shipping in mass quantities or one by one? Usually anything for personal use does not go to customs. Best advice here is to find your competitors selling same and then ask their support something like "Hi, I am from Chicago, do you ship your oils to USA and do I have to pay any taxes?" So they will help you this way :)
 
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 Gautam says at 01:59 et
I guess in mass quantities; I can use the Amazon FBA so they can tackle customs. But for shipping one by one, from your answer, it seems I will not have issues shipping to the US or Europe. In India(where I live), however, they charge customs even if it is a single item and for personal use. So, I think I should be okay. I will use the trick you mentioned too. Cheers!
 
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 lou says at 05:09 et
I asked shipping agent, here is what they say "only one by one is OK. and there is a limits (no more than 30ML). Mass import to US not allowed"
 
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 Gautam says at 01:59 et
Thank you for your answer. Helpful!
 
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Clay says at 16:29 et
How current is the information on the FBA fees and top sellers/total sales? I have another product that I am using and there is a big varience between the numbers.
 
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 Mike says at 16:31 et
Its auto updating Clay. It will be alwayas a varience as there is no right or wrong way to calculate it, the real numbers only Amazon know.. What we or Jungle scout do is just approximation based on BSR to get an educated guess on sales
 
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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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dilini says at 19:04 et
hi, i am sri lankan. In sri lanka it is not allowed paypal and stripe still. for that i can use local intrenational payment gateway. But is there any option by opening amrican bank account to connect to world wide accept IPG? Thanks..
 
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 Kylie says at 19:13 et
also search for local facebook groups, there must be people from sri lanka doing shopify and you can join them as well to get some local advice!