Chapter 1 What is Dropshipping? Dropshipping, in layman terms, is a business model where you can start with your own business and sell products online without keeping anything in stock. This means you don’t have to rent or buy a physical place and stock it with products before actually making the sale.
THE DROPSHIPPING PROCESS CUSTOMER
YOUR STORE
1
SUPPLIERS
2
3 3 To explain it further, I’d like to depict two scenarios for you: Suppose Mr. A wants to start his own business and become an independent entrepreneur. Now, here’s what will happen: Mr. A found a supplier and bought $1500 worth of goods from him. He only sold around 15 of those making $500 in sales. Soon he realized the products won’t sell and he had to close the venture. This means Mr. A incurred a loss of $1000 worth of inventory. Now, things could have been different as well. Meet Mr. B. He also wishes to become an entrepreneur like Mr. A but he has done his research and started with dropshipping to try out his new business.
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Here’s what happened with Mr. B Mr. B has decided to start with dropshipping and thus, requires no inventory or stock. Initially, he made only $500 worth of sales selling 15 products like Mr. A. Similarly, he realized the products need to go and he replaces the current products with something else on his online dropshipping store. However, here’s what was different. Instead of feeling sad over the loss like Mr. A, Mr. B is happy because he made sales worth $500 without any loss. That’s the beauty of dropshipping for you right here. Now, you can also start your own dropshipping business once you learn how to manage the ropes.
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Chapter 2 Let’s See How Dropshipping Works: 1. You post (or publish) products pictures with the description on your dropshipping website. 2. A customer likes your product and places an order. 3. Once you receive an order, you contact the supplier who keeps the stock and place your customer’s order. 4. The order is delivered to your customer by the supplier (drop shipper) and your customer happily receives it.
HOW DROPSHIPPING WORKS? Places an order and pays on your site.
Customer
Happy customer receives the package
You place your order with Aliexpress
Dropshipping by
We pick, pack and ship your order, without any branding to your customer
Here, the drop shipper or the supplier was an invisible party to the customer who felt it was you who packed and shipped the order to them. As a dropshipping business owner, you will not keep stock or even see the products.
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All you have to do is select the right products, perform marketing strategies and place the order on behalf of your customer. While this is just a small picture of dropshipping, I hope you have a clear idea of how dropshipping works for you. Also, to make it profitable for you, you must think about the pricing strategies that’ll earn you profit.
Note: In dropshipping business, your profit is the difference between the cost price of the supplier and the price you set for the product in your store.
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Chapter 3 The Benefits of Dropshipping Business model It Is Perfect For Beginners If you’re just starting out as a beginner to start your entrepreneurship journey, dropshipping is the ideal option for you. You only have to set up on your online store and select the products for your store to get started. This is a great way to begin with for beginners who can set up their business without having to keep an inventory or own a physical store.
You are saving tons of money While most businesses require you to invest a lot of money even before you begin, dropshipping is quite different here. Because you don’t own any products, you don’t have to rent a warehouse to store them as well. You only have to spend money to place the order with the supplier once the customer has placed an order himself. Therefore, you’ll never have to face the difficulty of selling the stock that couldn’t sell.
You can reach a larger audience base Dropshipping means your store is based online. This also implies that you can reach a larger audience spread across the globe in just a short while. Your customer can be sitting on the other end of the world, speak another language and he/she will still be able to make a purchase from you with the help of dropshipping model.
You can experiment all you want We understand that starting your own business is both fearsome and an experiment in the beginning. Yes, an experiment. Where traditional business model may hold you back, dropshipping makes it easier for you to try new ideas and implement them in your business..
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If the product category chosen by you doesn’t seem to be doing well and you want to switch to something better or trending, you have that freedom to do it with dropshipping business. Just delete the previous products and fill your website with new items.
Get your business started anytime, anywhere Dropshipping makes you free to choose your own time and place. All you need is a good internet connection and any place can become your office be it your home, garden or a favorite coffee place.
Think of the life you have always dreamed of and you can achieve it with your own dropshipping business.
You can spend more time on marketing and making profits To make any business profitable- dropshipping included, you need to attract the audience and share your presence with the world. Simply stated, you need to bring your focus to marketing, advertising, and promotion of your online store. Because the supplier takes care of tasks like inventory, packaging, and shipping, you can devote all your time to your promotion and marketing strategies.
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Chapter 4 What is AliExpress and Why It Is An Ideal Choice For Dropshipping? Have you heard of AliExpress before? Well, I am sure you must have. Still, here’s a little brief:
Launched way back in 2010, today AliExpress is owned by the giant Alibaba. It is the biggest online place to purchase all kinds of products from China and Hong Kong. AliExpress features millions of products being sold by different vendors and manufacturers. So, you can grab the best deals and buy directly from the suppliers. Think of anything simple or the most trending items- you’ll get anything and everything from AliExpress. Now, this is only the one thing which makes AliExpress an ideal choice for dropshipping business. There are a lot many reasons which make AliExpress just the best for your dropshipping business. Let’s dig in.
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The Benefits Of AliExpress Dropshipping: Earn Money Online
A wide variety of products to pick from AliExpress is a platform for millions of suppliers selling tons of products online. You can think of anything and you’ll get it from AliExpress. Select from hundreds of millions of items and populate your store with the best-selling eye-grabbing items to make the confirmed sale.
Competitive Prices You can strike a competitive best-priced deal on AliExpress. When searching for a product, you’ll see that there are multiple suppliers selling similar items or selling the exact same product. The only thing that varies is their prices. In simple words, you can strike the best deal with the supplier that leaves more profit margins for your store. However, steer clear of sellers selling items at too low prices. They may be using inferior quality products which may harm your market reputation as well.
Newest Trends China suppliers are known worldwide for following and bringing the newest trends to the online population. For any dropshipping owner, this is a great deal to keep up with the new culture and represent variety in their store. All this can be achieved with AliExpress.
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Tons of Suppliers to Choose From The biggest difficulty any new drop shipper faces is finding good and trustworthy suppliers. With AliExpress, everything becomes easier. All you have to do is select the product and look for suppliers selling the stock. Using seller rating and customer feedback, you can judge and find the best suppliers for your own dropshipping store.
Easy to start your business
AliExpress is a free platform where you don’t have to pay anything to get started. Just create your account, contact your supplier and that’s how easy it is with AliExpress dropshipping.
Easy Shipping Options This is a very important point to take into consideration since the supplier would be packaging and shipping on your behalf. Easy shipping means faster delivery and more convenience for you and your customers as well. International shipping was never this easier. Choose from standard shipping, express shipping or the most popular one among drop shippers called epacket shipping. It is a new fast way of shipping the products in 7-14 days and leave a tracking code with the buyer to keep a tab on the parcels.
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Better Customization and Deals AliExpress suppliers are more than happy to work with dropshippers. You can have a word with them directly and request them to add your brand name or additional gifts in the parcel or add better customization like a thank you note or discount coupons as well. This will leave a lasting impression and may earn you a customer for a lifetime.
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Chapter 5 Create Your Own Website For AliExpress Dropshipping Business Dropshipping business can be started from a Facebook page, Whatsapp group, third-party sites and many other platforms. However, our experience and expertise suggest the best way to go is by having your own website for dropshipping business. You don’t have to be a great tech expert to create a website or spend whooping dollars to get it made for you. It is so easy that even you can do it. Now, let me share more reasons for you to get your own dropshipping website.
The Great Advantages of Having Your Own Dropshipping Website Higher Business Revenue The first and foremost purpose of any business is to make it profitable. With your own dropshipping website, you’ll be in complete charge of deciding the profit margins and may as well earn a higher business revenue than you could from Amazon or eBay like platforms where you’d have to pay a certain fee of every sale. Further, shoppers tend to think websites as more reliable and you stand a better chance for conversion if you own a website rather than a Facebook page. That being said, you should seriously consider having your own dropshipping website for a higher income and greater profits.
Full Charge Of Your Own Business As a dropshipper with their own web store, you will be in full control of your business and the associated decisions beginning from the product niche, display right down to the pricing and marketing strategies as well.
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With other platforms (Amazon, eBay, blogs) are also beneficial, the level of control you’ll have with a website is immensely huge.
Statistics and Analytics
With your own website, you will have full access to stats and analytics of the site visit, customer details, demographics and more. You can utilize this data for better marketing strategies for your website which in turn will help to earn higher business profits.
Optimized For Your Users It is no hidden fact that users are attracted to aesthetically pleasing and optimised websites. With your own dropshipping website, you can experiment with the look and optimize it for the best UI there is which is guaranteed to bring in and attract more audience than its counterparts.
Create Your Own Brand A website allows you to create your own brand value in the market and building a known and trusted customer base as well. This comes in handy if you wish to open another dropshipping store or experiment with trending products. Further, you can give your customers a personalized experience and effective customer support if you hold the complete reigns of your
dropshipping business. And it all starts with having your own dropshipping website.
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Chapter 6 Set Up Your AliExpress Dropshipping Store With These 6 Quick Steps In this chapter, we’ll take you along the required steps to build your very own successful dropshipping store. Let’s get you started.
Step 1 Find The Product Niche For Your Dropshipping Business: The Initial Research Selecting the right product niche is an essential thing before you start the actual business.
While it may seem like an easy process, this step forms the foundation stone of your business. So, let me share the best ways to find the perfect niche for your dropshipping business. 1. Note Down Your Best Ideas & Start With Some Research You might have seen some products or categories that just clicked with you. Start off with taking a pen and paper (or your tablet) and note down all the ideas you may have. Brainstorming is a great way to capture the best ideas.
Now, select the 10 best categories from this list and separate them from the massive list you may have created (I wrote around 100 categories initially). Next, you may do some research by looking for the most popular stores and what they are carrying, top selling product lists and also, highly promoted products. The key here is to find the hot product categories and choose the money making niche for your store. This Ebook Is Powered By Woodropship
Here are some of the links you can start with: 1) AliExpress Hot Products 2) Amazon Best Sellers You can also check out Pinterest for creative products and ideas that’ll make your dropshipping store more unique to a particular set of audience.
2. Google Trends Is Your New Friend Everything comes into perspective once you see the numbers and figures associated with it. The same goes for your product niche. If you have shortlisted
the few niches you want to go ahead with, it’s time to get the facts checked.
Google Trends is a free tool from Google that can help you evaluate if the niche category is trending and how much traffic has it gained or reduced in the past few months and years. If the product is still hot and popular, you have hit the jackpot.
3. Measure Your Competition Now, if the niche is popular, it is quite evident you must have competition as well. This makes your work cut out for you. Yes, it is time to measure and analyze your competitors to gain valuable information for your
dropshipping store.
However, if you find that there is too much competition, this is a bad idea. You might have picked a broad niche like shoes, clothes or jewelry. To make your dropship store, you may want to select a sub-niche or a narrower niche. For instance, if you picked Women’s clothes, that’s a big niche with many dropship stores and brands as your competition. You may select a sub-niche like Plus size clothing for women or stylish maternity clothes for new moms. This will reduce your competition and help to grow your business faster and ensure more profitability as well.
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Here’s a pro tip: Select a narrow product niche with a selective audience in focus to grow your business faster with less competition and enjoy higher SEO ranking as well. This is the last step that will seal the product niche for your dropshipping store. Once you have selected the niche for your store, go to AliExpress to verify they have enough products in terms of categories, variants, and stock to build a whole dropshipping store around it. Has it? Good. Now, time to check the prices. AliExpress prices are often very low which leaves enough margin to set a generous markup and make profits. However, you should see what the competition is doing. Expert Advice: Once you have got the low price products on AliExpress, google those products and compare those prices with the competition. Ideally, you should set a price which gives you an edge among your major challengers as well. You can also check our list of the most profitable niches for your dropshipping store to get some inspiration now.
Step 2 Selecting a Domain Name and Web Hosting Service Provider 1. The Domain Name: Your Website’s Identity & Your Brand: Now that your niche category is finalized, it is time to select a domain name that will represent your online store. Select a name which is relevant and resonates with your targeted audience. Your domain name should clear what your store sells and be unique in its own self as well.
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Here are a few select tips: 1. Select a relevant and simple domain name 2. Keep the length short. [2-3 words] 3. Pick .com domain for your website which is considered a universal domain and a standard for commercial stores as well.
2. The Web Hosting Service Provider
A web hosting service provider gets you all the things needed for your website to be viewed on the Internet including server space and storage. The service providers mentioned below work on all platforms including Wordpress and offer one-click installation for instant dropship store setup for you. Let’s check the most popular web hosting service providers.
1and1 iPage: GoDaddy SiteGround HostGator BlueHost This Ebook Is Powered By Woodropship
Step 3 Install Wordpress: The Best Open-Source and free Content Management System
Wordpress is an open-source free content management system which you need to install on your web hosting server. It’s as easy as a pie. To install Wordpress, you can select either of the two ways: either quick install or manual installation. If you don’t know what to do, just go for the quick install. Done? Awesome. Let’s keep moving to get your dropshipping store ready for you.
Step 4 Install Woocommerce Plugin This is a very important plugin to power your dropship store and build your online store. It comes with functionality like cart, payment gateway and lot more. You can define the store design, and add extensive functionality using WooDropship that can monitor your AliExpress Dropshipping business and automate things for you. 1. Just go to your WordPress site. 2. Select Plugins> Add new. 3. Search Woocommerce and click Install. 4. Next, select Activate Wizard and you’re ready to experience the power of Woocommerce now.
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Step 5 Get Started With WooDropship: Automate Your AliExpress Dropshipping Store WooDropship is your savior and the only thing you’ll need to add products from AliExpress and manage your orders on the dropshipping store. I bet there’s nothing like it on the market. Just go to WooDropship and create your account.
Now, select Connect Shop and enter your website URL. Make sure you’re logged into WordPress as admin while doing this step.
Click Approve to give your permission to connect Woodropship to your Dropshipping store.
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Just click the WooDropship import icon (I) and the product will be added to your WooDropship dashboard.
WooDropship: Edit Products & Import Them To Your Online Store
WooDropship helps you in managing your online store beautifully. It is super easy and you’ll just love it. Once you have added the products, you can find it under Products> Import List. From here, you can edit the title, description, variant information and even the product images for your store. You can remove watermarks from the product images that’ll make it look more authentic and improve your store’s credibility. Once you’re done, just click Push Product and the product will be displayed in your dropshipping store. Any changes made to the product on your Woodropship dashboard will be automatically reflected in your store.
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WooDropship: Managing AliExpress Dropshipping Orders Received your first order? Yay! Once you receive the order, you will be notified of the same. Now, you just have to place the order on AliExpress (on your customer’s behalf ) and WooDropship makes even his simple task automated for you. Yes, you heard that right. It helps you fulfill your orders faster by selecting the right product variant and filling the customer information automatically for you.
WooDropship: Set Pricing Rules and Manage Updates
The whole point of having a business- whether online or traditional is to earn some money. WooDropship helps you here. Set your own pricing rules and define your profit margin for all products by visiting Settings> Global Pricing Rules. A piece of advice: Make sure your profit margin doesn’t set you back from your competitors. Decide pricing strategy taking consideration of the big players as well. Need I say more? WooDropship takes care of all the updates that may happen including out of stock problems, price hikes or variant unavailability on AliExpress Products on your store automatically. You can make any changes from Settings> Updates and set the options suitable for you.
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Yes, it’s that easy. Everything can be done in a few clicks with WooDropship.
Step 6 Now Add AliExpress Products To Your Store With WooDropship Chrome Extension Before you begin, install WooDropship Chrome Extension.
Now, visit AliExpress.com and start searching for the products you’d like to add to your store. With Woodropship chrome extension, you’ll also be able to see the products with the ePacket facility as well. As discussed above, ePacket delivery is a low-cost shipping method that promised faster delivery which means your customer will get their products on time and way before they expected to put a smile on their faces and satisfaction in your mind.
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Chapter 7 Promote Your Dropshipping Store And Start Making Money Online Now that your dropshipping store is set up and you have added the products to your shop, you need to tell people about it. In the world of online marketing, nothing is difficult. However, you need to know the best promotional and marketing strategies for your business. If you have heard of digital marketing or Internet Marketing or SEO, you may know why they are the trending buzzwords. To put it right there, it helps to make your brand visible and your business more profitable. Let me share some of the marketing techniques to get you moving quickly.
Social Media To The Rescue
Don’t underestimate the power of Facebook pages and groups and Instagram accounts. Utilize social media marketing tools like Facebook Ads and Instagram Marketing to reach a wider audience and skyrocket your sales.
Search Engine Optimization Don’t you want your dropshipping result in the top search results for the relevant keywords? Well, SEO can help you do that. Proper SEO techniques like quality optimized content, high-quality images, proper meta-tags, URLs, and writing blogs can help you reach the targeted clients.
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Email Marketing One of the most reliable and oldest methods of promoting your business, email marketing can help you convert traffic into buyers if you do it right. Create attractive and aesthetically pleasing email templates with tempting offers (free shipping, discount coupons or more) to convert leads and bring business revenue to your store.
Blogs and Videos Blogging and Video marketing can build an instant emotional connection with the audience. Just create your own Youtube channel and post videos related to your store or tutorials that can be helpful for the users and create a brand awareness for your store.
The Final Words Dropshipping business model is a great way to earn money online without any inventory and stock. Make effective use of this guide and don’t wait anymore. Whether you’re in a 9-5 job, a student, senior citizen or a homemaker, you can make money easily working only 2-3 hours in a day.
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