SHOPIFY DROPSHIPPING – A NEW IDEA OF SELLING ONLINE

Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product using the Dropshipping model, it purchases the item from a 3^rd party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly.

• WHY SHOULD WE USE SHOPIFY AS WE HAVE AN OPTION OF DARAZ?? 

Yes, we should go for Shopify DS because it is the unique concept of selling & the product hunted for DS Model has a very unique characteristic that solves the problems of buyer & low cost product which attracts the customer.

In Seller point of view, it has a very good profit margin and only 1 product can make you a millionaire. The biggest difference between Dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the seller purchases inventory as needed from a third party—usually a wholesaler or manufacturer—to fulfill orders.

Dropshipping Product Hunting is the area of Success. The product should follow the criteria:

1.       Unique Product

2.       Wow factor

3.       Problem solving.

4.       Low cost product

5.       Less availability in Local market. 

Shopify Dropshipping is based on three main steps:

·        Product Research (Success Ratio 20% depending on Product)

·        Store creation (Success Ratio 20% depending on Store)

·        Facebook Ads (Success Ratio 60% depending on Your Marketing)

Pros of Dropshipping

1.       Less capital is required:

·        1500-2000$ Investment = 500-600$ Monthly Profit

·        3K-5K$ Investment = $1500-2000$ Monthly Profit

·        These are only for the store creation and Social media marketing. If you don’t have the required payment methods, then please add $300-$400 more to your budget.

2.       Easy to get started

You can easily create launch your Dropshipping store in 1 day and it doesn’t have much requirement you just need

·         First & Last Name

·         Gmail Account

·         Mobile No and Address

·         PayPal for payment method.

3.          Low overhead

Because you don’t have to deal with purchasing inventory or managing a warehouse, your overhead expenses are quite low. In fact, many successful Dropshipping stores are run as home-based businesses, requiring little more than a laptop and a few recurring expenses to operate.

4.         Flexible location

Because you don’t have to deal with purchasing inventory or managing a warehouse. You can run it from anywhere in the world just need an internet connection.

5.          Wide selection of products to sell:

You can easily sell Hundreds of products in Shopify by creating a general store.

Shopify Dropshipping is based on three main steps:

Product Research (Success Ratio 20% depending on Product)

Store creation (Success Ratio 20% depending on Store)

Fb ads (Success Ratio 60% depending on Your Marketing).

TYPES OF STORES 

ONE PRODUCT STORE:  One Product Store is unique because you will be bound to only product and you can replace it with only one. I am again repeating you will be bound to only 

It has High potential usually competition is very low for this store and products.

It has low achieving SEO with an extremely high targeted audience and high conversion rate. 

GENERAL STORE:  You can go for the product limit of 100+ in this type. 

It is very easy to adopt and if you are a newbie then you should make a general base product and then you can switch it to your Niche Base product.

It has very high competition and hard competition with a low conversion rate. 

NICHE SPECIFIC STORE:  In this type, you can go for 5-15 products. 

It is easy to adopt and you can face medium type competition with moderate advertising rate and medium competition. 

Very Targeted audience will visit your store it means only your category audience will come and take your products.

So what you should do now??  If you are thinking to start Dropshipping business on Shopify, then create your store today by yourself and play with it but if you have a store and product already but not getting the sale then try to play with the FB Pixel and make necessary changes to your website for FB pixel.

TIME LEVERAGE IS THE KEY. BUY HOURS OF SHOPIFY EXPERT?? 

1.       Hire a professional who is an expert while playing with FB pixel and Shopify custom themes

2.       After Store go hire someone who will provide you winning product and after that, you should test your products.

3.       Always score your marketing budget for your business with marketing you can make good revenue.

4.       From Email marketing of your stores you will be able o get an ROI of 44$ with 1$.

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