When new year enters, we all hope for a better year. 2019 is promised to be a good year for business, specifically Drop-shipping business. So far, this year opens more opportunity for entrepreneur. For this article, we will talking a little about Drop-shipping and how it has made millions of dollars for many entrepreneurs around the world through hustlelife.net. However, there are concerns about the dropshipping business- whether it is dead or can someone really make a huge amount of money out of it?
It is believed that the said business is saturated and already reached a point where entrepreneurs do not even try venturing in to such business because it is quite hard to make money from dropshipping. To address these concerns, it is important to hear and listen to what people are saying.
Below are the main issues encountered in dropshipping:
- Product delivery can take several weeks = unhappy customer
- Usually only unbranded products available
- No control over your service
- Chinese products and packaging = Perceived cheapness/low quality
- Returns or refunds take too long.
Based on the issues listed above, then one can say that dropshipping is not that catchy anymore and not that shining business e-commerce world. In addition, it can be easily argued that dropshipping is not yet dead.
In the previous years, dropshipping business were really a huge rise. With too much awareness and knowledge in the palm of our hands, the world has become a global village.
This type of business was really booming because it is new and there are many people who can easily start their business by just looking for a legitimate drop shipping supplier or being a supplier. It is just a low cost and high return business. It does not take a lot of investment to set up a store for dropshipping since you don’t even have to keep an inventory, you do not have to deliver any product and there is even no need to hire plenty of staff. What you just need to do is to pick a niche because otherwise your store will look like the usual store and you will not have any advantage over the other existing store.