Once you know all advantages about dropsipping and have a plan to start a dropship business you need more information on dropshipping industry news, where to search for dropship merchants, what are new trends and who are new players on this market.
You need all this to be one step ahead of your numerous competition. By this time you probably know how most dropship affiliates run their business:
they define a product source distributor,
register with eBay;
and try to push those products trough eBay auction.
Yes, it is the easiest, most popular and less profitable way to make money with dropshipping. When you join a new dropship merchant and try to sell his products you compete with hundreds of other similar dropship affiliates. What are your competition advantages? You have none. The only way (and many dropship affiliates follow this route) is to decrease the prices for your products, but price wars are not the right way to do any kind of business – you will shortly discover that your earnings do not cover your eBay fees (and eBay fees regularly increase every 8-10 months).
So, to win this dropsip game you need to be in the know of all considerable industry changes: make a list of reliable dropshipping resourses:
– to be updated on industry events
- to spot new dropship product distributors to be the first to join their programs
- to find new dropship lists that can package dropship services in a new way. A sample is: Worldwide Brands and Doba. The first company have been in business for years – they have expertise and relations, but the second company could provide a new way to service dropship affiliates, to differentiate its offerings and now they are both the leaders on this market.
And think of running your own e-commerce website, do not focus all your business on eBay. The latter is a great test platform if you need to check the demand and competition for some new products. If you see potential – start your own e-commerce website to diversify your business (to make it more secure).
Summary: Dropshipping resourses are a necessary basis for you online business. Develop your own system to keep track of all considerable industry changes: new products, new merchants, new ways to make your drop ship service better – you need all this to survive and develop your merchant business.
[tags]dropshipping resourses, dropshipping, drop ship, wholesale, internet marketing, affiliate marketing[/tags]