Dropshipping is a simple and affordable business model with which you can easily and easily start an online business, develop your online store, test goods for an existing business.
Dropshippers do not need to have their own warehouse, deal with storage and delivery. Once a customer orders an item from their website, the vendor invoices, delivers and ships the merchandise.
Your success as a vendor will depend largely on the marketing properties of the product itself and your ability to turn potential customers into loyal customers.
If you're having trouble sourcing products and finding dropshipping partners, Daehan Trading can help you find the right products, trusted suppliers, and calculate your costs and profits of possible deals.
How to Search?
When choosing a product for your business you should not be guided by personal preferences. In fact, the popularity of the product and even the amount of demand can be predicted by almost 90%.
Analyze social networks by hashtags, the number of views of products discussed, likes under photos, and the quality of comments. Read popular topics on Reddit. They are full of great niche ideas that can help you find the right product and start selling it online. Pay attention to what Voat and Quora users are writing about and what their needs and concerns are. Then study the ratings and clickability of the teaser and banner networks.
The selected products continue to be analyzed, monitor their customer demand, study the target audience, suppliers and competitors.
Don't forget that it's easiest to sell something that can solve a specific problem. Decide if you will deal with seasonal items that don't bring in regular sales.
Platforms and tools
Your item must not deteriorate during delivery (fall to pieces, melt, break). Otherwise, you'll lose your money and have to pay the cost of refunds.
Use the popular Amazon and eBay online selling platforms to find profitable business ideas. Analyze information about the best-selling items, and find out the ranking of best sellers in all categories. By the way, eBay is an auction where everyone can bid. The more bids a product receives, the more in demand it is.
You can compare prices and analyze the market with Google Shopping. The program has the ability to filter and compare products based on features, reviews, prices, and what web users type into a search box. Shopzilla, Pronto, Nextag and Pricegrabber are less well-known, but are also useful for finding popular products.
The Google Keyword Tool app makes it fairly easy to analyze the number of search queries for any product you're interested in. In order for your business to be profitable, be sure to research the terms and prices put up by your direct-to-consumer suppliers.
Proven and reliable partner
Before you add items to your store, be sure to verify its quality and the behavior of the supplier. To do this, order samples of everything you are interested in. As a dropshipper you are not responsible for shipping, but you are still responsible for the product your customer receives.
Unfortunately, it can be difficult for a non-specialist to quickly understand the interface and functionality of most of the aforementioned programs and platforms. It takes time. Misinterpretation of the analytics, as well as mistakes made due to ignorance of the topic and incompetence, can lead to fatal consequences and losses in business.
Daehan Trading has a long history of working with the largest wholesalers, direct-delivery suppliers, buyers and distributors. Our specialists will help you negotiate, find the right product, analyze the market and consumers, and find reliable and honest partners.