Is Dropshipping Dead ?

Despite having this type of lucrative transacting model, the dropshipping business is one marred by controversy.

You'll hear some buyers say the trade is on a downward spiral while suppliers argue that it's thriving. It's difficult to decipher the reality predicated on people's words.

Instead, let's go through the facts and figures. All things considered, they rarely lie.

What is Dropshipping?

Dropshipping is a retail fulfillment method that happens via three primary channels:

• The supplier
• A heart man (drop shipper)
• The consumer

Unlike the average business model where the retailer handles these products directly, the supplier sees through a lot of the transaction in dropshipping.

As a middleman, your main job is always to take in consumer orders and relay this information to the supplier for the delivery process to begin.

When the supplier receives an order, they ship these products to a safe location before delivering them to the conclusion consumer.

Where Dropshipping Takes Place

The whole transaction occurs virtually via an online store.

Most of your task is to discover a suitable online space where buyers can connect to your products.

The platform should have a computerized system to take in your clients'orders and answer their questions whether you're present or not. It will also facilitate the delivery process, to cut back your cost of operation.

There are many big stores platforms to select from, such as Shopify, WooCommerce, and Magneto, depending on your niche. Therefore, look at all your options before settling on one.

Is Dropshipping Profitable?

In just about any business transaction, numbers tell the whole story. The linear graph below displays the dropshipping curve in recent years.

options to consider include:

• Wireless devices
• Babycare products
• Wall stickers
• Mobile bars
• Sportswear

Companies Worth Partnering With

If safe delivery and proper storage are your main concerns, consider partnering with any one of these simple companies:

• Wholesale2B
• Dropship Direct
• Salehoo
• Mega good
• Doba

Is Dropshipping Illegal?

The same as network marketing or direct sales, dropshipping is a different business model. This doesn't ensure it is an illegal business, regardless of how many people continue steadily to question its legitimacy.

However, understanding your country's specific regulations on the trade is vital in order to avoid colliding with regulations as some countries prohibit the model.

Is DropShipping Dead?

While turmoil between the USA and China (the two largest traders) threatens the dropshipping business model, many other countries offer similar products at an improved price.

Japan, for example, offers almost the exact same products as China at relatively the exact same price.

Dropshipping remains as lucrative a business as any other go here. Therefore, take advantage while the chance lasts.