EcomHunt Vs DropShip Spy [Review] – Which One is Best?

Right now, (EcomHunt verses DropShip spy) I will attempt and analyze the two well-known outsourcing device for looking through winning items. we will take a gander at both DropShip spy survey nearby EcomHunt.

The internet has truly levelled the business field nowadays, Gone are the days when beginning a business use to take a fortune.

Be that as it may, nowadays you can now fall intents and purposes start a worldwide business with under $100 and develop your salary to a huge number of dollars in under a couple of months. On account of the outsourcing model.

With the influence of the web, you can begin your web-based business without putting resources into stock, coordinations or transportation and basically bring in your cash.

You essentially should simply sit by your home and hit exactly barely any catches while you rake in bunches of benefits.

As DropShip business result shifts from entrepreneurs. In any case, as straightforward as it sounds that despite everything do not ensure the amount you can truly make.

I have seen a DropShipping store on Shopify sold for $3,000,000 and I have similarly observed drop shipper close down his Shopify store on the ground that as opposed in making the proposed benefit he wound up paying repeating charges for Shopify.

You can, however, you need plans and access to devices that can quickly track your DropShip business. Does that mean you can not become famous in outsourcing? Capital NO!

So what we are trying to say is that a portion of these instruments is EcomHunt and DropShip Spy. They work impeccably fine on the off chance that you need a quick selling and winning items for your store.

We have more than 30 modules and additional products to quicken your outsourcing business like WordPress or WooCommerce that are different instruments incorporate Oberlo for Shopify and for your clients.

DropShip is yet to be soaked and scarcely will it. So on the off chance that you considering beginning a DropShip business, you are still destined for success in making a colossal benefit.

Be that as it may, similar to what i said you need the correct instrument and exact plans and spending plan.

Similarly, to begin making a fast dime you need instruments like Ecomhunt and DropShip Spy yet which one would it be a good idea for you to go for?

This is the reason I have done a total DropShip Spy Audit with EcomHunt to think about and dissect the best winning item apparatus.

EcomHunt Vs DropShip Spy Review


Both of the instruments are well known and similarly simple to use. Yet, in business without fail and dollar checks. So in the event that you truly need to get straight down to business, you will have to pick either.

ecomhunt vs dropship spy

However, toward the finish of this article, you will understand what the two instruments bring to the table, what their weakness is and how you can use one of them to make your monetary dream a reality.

We should make a plunge, will we?

EcomHunt Review and Breakdown

Like we said “a curation of the best new products, consistently” is known for giving you hot and quick selling products.

ecomhunt

It is really not about the product yet the product information which fill in as a guide on how you can offer the product to the real purchaser that need them. They accomplish the difficult work at that point gives these products to their users regularly.

Ease of Use

Each user will approach everyday products and product information on their dashboard. In any case, free individuals will be constrained. Inside the dashboard, you will see from the various products accessible and been release every day. EcomHunt is very simple to use simply like DropShip Spy.

When you see a product you like or your speciality related product you will jump at the chance to add to your store, Snap-on “show me the cash” and it will draw out each related information relating to the product, from Facebook focusing to advert recordings, connections to providers and stores previously selling the products and so forth and so on.

Pricing/Membership Plan

EcomHunt essentially has two plans the Free membership plan and the Star plan. In case you are remaining with the free membership plan, you will approach 2 everyday product with extremely restricted information.

The Genius plan which obviously is the subsequent plan gives you access to everything Ecomhunt brings to the table. From Facebook focusing on reviews, analytics joins and so on.

ecomhunt price

The Expert Plan costs $29/month yet you can also get it until further notice at a limited cost of $20/month.

That is totally supportive of EcomHunt yet I trust DropShip Spy pricing is not the same as EcomHunt which will be featured in this manner.

Webinars and Tutorials

This is one of the cool highlights of EcomHunt and why it because not quite the same as DropShip Spy. They required significant investment in getting their user through the entire preparing by giving webinars and tutorials to them.

Approaching the EcomHunt tutorials and webinars will end up being useful. Since ever-increasing numbers of individuals are attempting to get more cash-flow and the vast majority of them have almost no information about DropShip.

Nonetheless, the drawback to this is the vast majority of the online class and instructional exercise are just accessible for the expert individuals. Being a free part implies your entrance to this will be constrained.

Be that as it may, the worth procured is in reality more, contrasted with the addressed cost. So it’s a success win circumstance because it is absolutely justified, despite all the trouble.

AdHunter Chrome Extention

The chrome expansion is accessible for both free part and ace part. This apparatus by EcomHunt is unreasonably stunning.

AdHunter

It gives you traffic sum, the focused on the spot of the advertisement and to what extent it has been running.What it does is that it permits you to discover dynamic serious advertisements on Facebook while you would then be able to use the format to re-run your Facebook promotions.

The chrome augmentation is totally free, yet to use it, you should be a functioning user of EcomHunt either free part or professional.

Moreover, other than the AdHunter expansion, EcomHunt likewise gives Facebook promotion data close by their triumphant product consistently.

This incorporates connections to Facebook promotions for the product, Facebook advertisement intrigue and focusing on and hardly any other data about the product.

Product Profits and Analytics


This elements will tell you the amount you will be making on the products. It will show you the profit edge the amount you will be getting the product from (AliExpress) and the normal value the products is being sold.

ecomhunt.com

You will have the option to plan your business, the amount you ought to put resources into Facebook advertisements and your latent capacity return. With the profit, details gave by EcomHunt.

The product investigative then again will tell you how well the products are getting along for the most part. This regarding internet based life and user experience.

As far as online networking you will be furnished with the absolute quantities of remark, offers, likes the product is having.

At last, according to your user experience, you will be furnished with evaluations, reviews, votes, and absolute quantities of requests the product is having over time.

Abstract all the work is finished. What users’ needs to do is pick their preferred product and advance it.

Setbacks to EcomHunt

In each other service, EcomHunt also has its shortcomings.

Free Membership: this plan provides no values for the people to gain access to their products stuff users need to improve to the Pro plan.

Generic Product: Products available for niche store but they are limited in terms of numbers. generic product is a vast majority of the products available on EcomHunt is generic which is not really coupled with niche store.

DropShip Spy Review and Breakdown

It works by searching for products that are selling or having much attention on social media. Dropshipping Spy just like EcomHunt is a tool for searching for winning and hot items.

Dropship Spy

These items are then make available to users or subscribers of DropShip Spy on their account dashboard.

Ease of Use

DropShip Spy has a cool plan that makes everything simple and direct to use. With regards to user experience and record interface.

Upon login, you will see from their different highlights which is difficult to miss. From winning products to Facebook audience builder, Instagram influencer inquire about and so forth.

DropShip Spy

Indeed, even a beginner can without much of a stretch move around the dashboard and understand everything Dropship Spy offers to it individuals.

Pricing/Membership Plan

Dropship Spy offers a free membership plan which is radically restricted. Other than the free membership plan their genuine plans incorporate, Premium, Essential and the Master plan.

Dropship Spy Plan

With regards to Pricing Dropship Spy is really costlier than EcomHunt. The pricing for Ecomhunt is only two plans the free and the Expert which cost $29 per month yet you can even now get it at a limited cost of $20 per month.

Dropship Spy is not simply higher, this is because they truly took as much time as necessary giving numerous highlights to help their individuals.

Investigate the image underneath to see an examination on the entirety of their plans.

Dropship Spy Member Plan

Most by far of their highlights is made accessible for the Professional plan which is going to cost you $35 per month.

The arrival you will be going to get is thoroughly going to justified, despite all the trouble.

Facebook Audience Builder

This is one of the devices that draw in me in DropShip Spy. It is a device use for running a particular promotion. Suppose you are running a Facebook advertisement for a specialty product and you have no clue about where to begin from.

The Facebook Audience Builder device will show you the particular interest to that specific product.

With instruments this way, you need not stress regardless of whether you are simply beginning with dropshipping and Facebook promotions through and through. Inside the Audience builder, you will approach the latest Facebook focusing on alternatives. So you can easily select your product niche.

Not the only one will this spare you cost of running untargeted Facebook ad that will wind up squandering your cash. It will likewise spare time and permit you to do different things for your business.

Amazon Review Downloader

With the review accessible your client certain will increase toward the product and they may wind up purchasing your products. This instrument also permits you to download reviews of the product from Amazon to your online store.

The quintessence of review can not be overemphasized it’s significant for each online store. Utilizing Dropship Spy, you can without much of a stretch duplicate any product review connect and download it for your online store.

When the reviews are downloaded you would then be able to transfer them to your online store with only a tick utilizing the CSV record.

Product Profits and Analytics

On every one of the product, you will be given the product portrayal, the purchase and sell cost and obviously the potential profits you will make on the product.

Not only that, even the web based life commitment of the product.

This will tell you how well the product is getting along via web-based networking media. This incorporates the remarks, perspectives, and all outnumber of offers.

On the provider side, you will see the all-out quantities of the product such as product rating, no of review, input score, request and scarcely any different details.

At this point, you will likewise know whether the product is having the ePacket alternative, free shipping or some other delivery strategies accessible and so forth.

At long last, you will be offered connections to store selling the product, which incorporates eBay and Amazon. This, specifically, will enable you to perceive what they are charging for the products.

Dropship Spy Drawbacks

On the opposite side of things, not everything is daylight and roses when it normally comes to DropShip Spy.

Generic Products: You may have discovered Dropship spy not so much supportive. This is if your online store is a truly determined specialty niche store. That is, you just arrangement with a specific arrangement of products. You may discover a portion of the product accommodating yet the measure of product you can get will be constrained.

Facebook Focusing on: the focusing on don’t generally work precisely, yet I accept with the intrigue gave user can without much of a stretch alter to try and convert more.

Free Membership: this element is exceptionally restricted as such it includes no worth and I believe the costs for the genuine plan can even now be cut down.

And the Correct devices Is…

As should be obvious they are for all intents and purposes comparative in usefulness and additionally what they offer. In any case, they arrive in a bit various highlights.

In the event that you are attempting to ration cash and at the same approach all the more then I will recommend you go with EcomHunt.

Dropship Spy, then again, is cool and has different highlights that could help your money related state as view dropshipping so you could also give it a preliminary.

Be that as it may, I love to spend as meager as conceivable to create the most extreme return. Shouldn’t something be said about you? What do you believe is it Dropship Spy or EcomHunt?

Finally,That is it on Ecomhunt versus Dropship review, what are your considerations on this thoughts let’s hear it using the remark box.

How to Start a Drop Servicing Business in 2020 (Live Result)

How to start Drop servicing

So maybe you’ve been hearing about drop servicing many times, the new online business similar to drop shipping and very easier and faster means to earn online.

Well, in this article you will be learning everything on Drop servicing and how you can get started.

The real truth is, you can earn over $1000 on just a few sales and yes, it is very profitable!

Note that, this business like other businesses which requires a lot of hard work and patience from your side.

But trust me; once you are familiar with every step and know how to get started, you are just a few step away from closing high TICKET GIG.

Before, we continue. I feel it is necessary you understood this business model we are about to discuss here.

Which includes what Drop servicing is, How to start drop service, Fiverr Drop servicing, Drop service Ideas, the relationship between dropshipping vs drop servicing and also, the difference between them.

Lastly, how you can start one and scale for yourself. Now, if this interests you, then I will suggest you should keep on reading.

Let’s Move on

Get a Professionally ecommerce website Developer for your Drop Service website

What is Drop Servicing?

Drop servicing is when you sell services you can’t provide yourself to clients that need it by having it done by other people eg Freelancers.

What if you think of it as dropshipping. But now you are not dropshipping physical product but rather services. Therefore, the word “drops servicing” simply means service arbitrage.

Drop Servicing Business

For instance; you are promoting an advertising agency for small scale businesses. For each of these small businesses that want your service will then have to pay you directly.

Now, after you most have received their payment from these business owners, you will then from the payment pay another freelancer to do the job.

An example of this freelancer websites is, Freelancer.com, Upwork, Fiverr.

The fact is that you can buy their services at a very cheap price compared to how much you’re billing your clients.

For instance, a client’s pay you for a service and you pay another freelancer to do the job.

However your profit will be the price you charged your client minus how much you will pay the freelancer to gets the job done.

Take a Look at the below image to see how it works and your potential earnings per client.

Drop servicing


Differences Between Dropshipping and Drop servicing

Dropshipping and Drop servicing are almost similar but completely different. Dropshipping requires physical products and logistics while the other doesn’t.

Drop service is simpler to do compare to dropshipping and the potential gain are much bigger to what you can achieve with a dropshipping business.


would like to illustrate both online business models using the image as shown below, while dropshipping is the Red stream opportunities and drop service as the Blue stream opportunities.

drop servicing vs dropshipping


Red Ocean Industry [Drop shipping]

As I mentioned previously, dropshipping is an online-based business where you are able to sell products to your customers without having a physical store.

A customer simply purchases an item from your store at the retail price. You then forward the customer order to your supplier who you pay at the wholesale price.

Once your order is processed by your supplier after receiving your payment, he or she then ships the product directly to your customer under your brand or business name.

So your gain in dropshipping is how much you resell the product with respect to the price your supplier sales to you.

Quite simple isn’t it?

What you have to do is to create a dropshipping platform, put customers to your online store and handle customer needs. Note, we can build for you a professional Dropshipping Store, Kindly check it out.

The rest of the main work is handled by your supplier.

Although, due to the easy way set-up and also cheap barrier entry, the race for dropshipping as greatly added.

For instance, you started your dropshipping business around 2014 compared to starting now? The competition we have in 2014 is efficiently low compared to what we are having now.

That is why it’s likened to the Red Ocean Industry because of the competition and other several barriers like selling the winning products.

Get a Professionally ecommerce website Developer for your Drop Service website

Pros of Dropshipping

  • Low Start-Up Cost

This cost normally requires a lot of capital to merchandise a warehouse while trying to begin a brand new e-commerce business.

For instance, instead of stocking a warehouse with products hoping that it will sell, you can begin a dropshipping business with zero lists.

  • Low Fulfillment Cost

In the past other fulfilment usually demands you to do all the packaging, labelling, tracking and shipping the goods to your buyers.

With the help of dropshipping, everything is managed by the third-party supplier.what you just have is to move your customers’ order to them.

Cons of Dropshipping

The following are some of the drawbacks of operating a dropshipping business:

  • Low return Margin
  • Extremely competitive
  • No control over product feature
  • More logistic issues
  • Very tough to build brand loyalty

Pros of Drop Servicing

Low Start-Up Cost

You do not need to invest in any type of services skill, everything can be outsourced to a third-party service provider that can do the job done faster.

Creating your single-page website is where you show the service you are providing which is your only start-up costs.


High Ticket Sales

Here is one of the most beautiful of starting this online business platform. Only One single sale you can even make up to $3000 total profit.

Mean While you will have to sell hundreds of products to make that single sale compared with dropshipping

Get a Professionally ecommerce website Developer for your Drop Service website


Recurring Income

You have to make money online on a monthly basis with no additional cost. Another interesting way about this is the recurring income.

Sometimes the client might decide to place you on a monthly payroll for providing goods and services for them.

And all you need is to contract it to a third party and get paid every month while doing the same thing every time.

No Skill Required

You are practically doing anything in this business that is each process can be contracted and completely automatically.

You do not need to talk to your client yourself, also you can outsource it to somebody else.


Cons of Drop Servicing

This normally comes with its own set-backs, which is typically for every business. Not all that glitter is gold when it comes to running this online business.


Freelancer Work Demands

Your freelancer may have some pending works on ground that needs to be rendered when you have an urgent business to be done.

The main process to avoid this issue is by getting more than one good freelancer that will do the work done for you.

However, make sure you have tested those freelancers or you can go through their reviews in other to be sure of who you are contracting your work to.

It is very important for you to deliver top quality services because clients cannot know that you are outsourcing the job.

Now we understand the difference between this two online business model, ok lets go back to our main FOCUS which is drop servicing.

Get a Professionally ecommerce website Developer for your Drop Service website

List of Best Drop Service Niches

Below here are the best drop services niches you can get into right now and start making your money now:


1: Digital Marketing

This digital marketing niche always falls around marketing that normally requires internet-based and online digital technology.

Here is some Digital Marketing niche you can drop service:

  1. LinkedIn Ads
  2. Search Engine Optimization (SEO)
  3. You Tube marketing
  4. Facebook Advertising
  5. Social Media Marketing
  6. Google ads
  7. Video marketing
  8. Instagram Ads
  9. Lead generation
  10. Instagram Influencer
  11. Content marketing


2: Graphic Design

The way of addressing a problem via visual communication, simple illustration, typography or photography

Here is some graphic Design niche you can drop service:

  1. Brochures
  2. Photoshop
  3. Ebook Design
  4. Banner Ads
  5. Logo
  6. Branding
  7. Business card design
  8. Illustration
  9. PowerPoint
  10. Flyers


3: Programing

Programing is the operation of designing and building a suitable computer program in other to accomplish a good computing result.

Here is some Programming niche you can drop service:

  1. App Development
  2. WordPress Development
  3. Plugin Creation
  4. Chat bots
  5. WooCommerce Customization
  6. Shopify Customization
  7. Web programming
  8. SaaS Development


4: Writing

A good writing niche involves the creation and sharing of online materials in other to stimulate interest in a particular product or services.

Here is some writing niche you can drop service:

  1. Creative writing
  2. Copywriting
  3. Product description
  4. Sales copy
  5. Email copywriter
  6. Translation
  7. Proofreading
  8. Technical writing
  9. Ghost writing
  10. Guest post
  11. Blog post
  12. Ad copywriting


5: Animation and Video Creation

The Animation and Video Creation niche are under, producing an engaging instrumental such as video cartoons that can assist you tell your story more authentic.

Here is some graphic Design niche you can drop service:

  1. Product Photography
  2. Video Editing
  3. Visual Effects
  4. Live Explainer videos
  5. Animated Explainer Videos
  6. Spokespersons Videos
  7. Whiteboard Videos
  8. Short Video Ads


What you need is just pick a niche you know that you have a very basic understanding of how it works with the above list mentioned and start selling the services to your clients.

How To Start an Ecommerce Business Website In Nigeria

Start Ecommerce Business website

It’s not news that starting ecommerce business in Nigeria is one of the fastest and smartest ways to gain wealth. Specifically in this 21st century.

As our country is approaching 200million individuals and over 80million are internet users which is the main reason for e-commerce success in Nigeria.

They are alot of eCommerce business owners in Nigeria earning over #1million in sales profit with their business.

The term “e-commerce business” doesn’t necessarily mean you have a website like Konga and Jumia.

Thinking like this make you believe you need a lot of capital in other to run it. But, note that you can start small and grow big.

Before we continue on our learning on how to start eCommerce business in Nigeria, first let’s understand the concepts of e-commerce business in Nigeria.

What is E-commerce & How does it work?

E-commerce is simply a buying and selling goods and services that takes place on the internet.

E-commerce is divided into 6 which includes:

1. Business –to – business (B2B): This is the exchange of goods and services between 2 businesses instead of business and consumer.

2. Business – to – consumer (B2C): This is the selling of goods and services from a business to the consumer.

3. Consumer – to – consumer (C2C): this kind of eCommerce business in when consumers exchange goods and services between each other online.

4. Consumer – to – Business (C2B): this type of eCommerce business is when individuals render service or sell goods to a company over the internet e.g. article writer or website designer.

5. Business – to – Administration (B2A): this is the business transaction between companies and governments. Eg private companies providing services for an administrative government.

6. Consumer – to – Administration (C2A): A transaction between public and individual administration.

As stated above, you don’t have to run a big platform like Konga or Jumia to be able to start ecommerce business in Nigeria.

Now, check out the list of business ideas that can do as an eCommerce business in Nigeria.

  1. Wedding Planner
  2. Corporate Event planner
  3. Cake Baking
  4. Makeup Artist
  5. Homemade Goods Seller
  6. Fashion Designer
  7. Mini importation
  8. Product Retailer
  9. Social Media Manager
  10. Catering Service
  11. Public Speaker Coach
  12. CV Writer
  13. Photography
  14. Dating Coach
  15. Relationship Coach
  16. Investment Advisor
  17. Natural & Organic Beauty Shop
  18. Business Consultant

What makes a business an eCom business is the ability carry-out business transaction online!

Getting a small business website built around the above ideas is ok! So far your site is integrated with a payment gateway that can receive payment from the customer.

How to start eCommerce Business in Nigeria with 7 Simple Steps

So, we are going to look into various means on start eCommerce business, including things to do in other to have a successful business in Nigeria.

1st Step: Secure Your Business Name with CAC

First, you need to decide on what to sell. Immediately you have decided on things to sell or services to render. Next is to choose a good and easy to remember the business name, that no one is using.

Once you’re done with that, next is to conduct a Corporate Affairs commission (CAC) search, to check for availability. If, the name is available, you will need to register it immediately.

Name searching/submit on CAC website is usually round 500 naira. But In case the name you summited, isn’t available you will need to pay for another #500 to search and submit another name.

So, when searching, it is important to come up with a good and unique name. Ensure this name isn’t similar to any branded company already.

Once your selected name is reserved, you can go on with the actual fee and then complete the registration. Most time, it’s around #10,000 depends on your type of business.

2nd Step: Secure Your Domain Name online and building your Ecommerce website

It is always important to have a website for your business, which will take your business to a greater height. You first need to choose a domain name for your business.

Next, is to check if the domain name you choose is still available using NameCheap.com. That is, the domain name you have in mind for your Store.

Furthermore, you may select between “.com” “.co””.net” “.ng” “.com.ng”
Once your picked domain is available, buying it immediately might be a better decision. It cost less than #4,000 to have a domain.

This way, later, you can build your website whenever you are ready to do so since you have secured your domain name.

However, if you are ready to create your e-commerce website right away: We can do that for you. It takes just 7 days to get one. Kindly, check out our portfolio

3rd Step: Draft Your Business Plan

Depending on the type of business, a solid and good business plan will always be useful. Mostly for those that will be selling physical products.
With this, you having a ready-made masterpiece on the direction to take.

Start Ecommerce Business website


4th Step: Stock Inventory

Since, Your website is ready. Next thing to do, is to make your product available to people.

Mini Importation has been one the fastest and popular way to get started with e-commerce business in Nigeria especially those who are into selling of physical products.

And for this to work, if you are starting big then I recommend getting a store/warehouse to stock your product inventory.

If you don’t have money for that, you can start by stocking products in your house.

So for now, your home should be your office and warehouse, you don’t need to pay for extra office space because no one will come to buy your product in person instead they will do that online.

5th Step: Partner with a Logistic Company

Start Ecommerce Business website


Once your products are ready and before you start advertising these products. You should first of all partner with 1 or 2 logistic companies that will help with the mobility of your products.

one of the great advantages of eCommerce business is that you are not restricted to one location like the traditional business. You should be able to sell to anywhere in the country.

Please be reminded, this will be possible with the help of a dependable Delivery company. They will do the delivery of the products and at once help you collect cash from your buyers. This occurs if only you are doing cash on a delivery system.


Here are some logistics company to start with.

  1. Gig Logistic
  2. Courier plus service limited (Nationwide)
  3. Austin Dispatch (Lagos only)
  4. SkyNet (Nationwide)


6th Step: Advertise Your Business

Advertising your business helps you to take your business to the next level. The truth is nobody will know about your business except you take it to them through advertisement.

The budget for adverts will depend on how deep your pocket is. Spending much on adverts does not mean it going to convert to sell. You only have to know what is working and search for a way to replicate it.

Before you commence your business advertisement, first you need to do deep research on how to run ads on a different social platform. And it will also protect you against wasting money on ads that don’t convert.

Below are some examples of ad platform you can use to advertise your e-commerce business:

Google ads
Facebook ads
Native Ads
Social media influencers
Local Newspaper

If you can effectively build you fan base on this platform, it is going to be a greater turn around for your ecommerce business.

Pros of Starting an E-commerce Business in Nigeria

Benefits of starting eCommerce business in Nigeria and how you can also benefit from it:

GLOBAL AUDIENCE
Starting an eCommerce business allows you to sell across the whole nation without geographical limitations.

GET CLOSER TO CUSTOMERS
This business allows you to get closer to your customers. Which will lead to an increased sales

REDUCED COST OF OPERATION
Because you can start from home, and don’t necessarily need to pay for an office or rent a shop or warehouse. It saves you money compared to when running the traditional business.

Challenges of e-commerce in Nigeria

LOGISTIC ISSUES
Not every places are fully accessible within Nigeria, especially rural areas. Which create set back to reach wider audience.

ONLINE PAYMENTS
In Nigeria, many people prefer paying for products on delivery instead of paying online because there’s still no trust for the online transaction.

PRODUCT RETURNS
Most eCommerce start-up will experience as a result of payment on delivery.


Conclusion

Is not just about creating beautiful website. This alone won’t give you success. You have to take into consideration the kind of services or products that your business wants to offers. Else you might not succeed.

There you have it on how to start eCommerce business in Nigeria! Let me know what you think about this in the comment section below.

How To Open Stripe Account For Non US Resident

stripe account for non us

In this article, I will shed more light on how to use stripe as a Non US resident to process payments for your online business.

I guess you offer services online or have a dropshipping or an eCommerce store or you simply need Stripe to receive payment on your business website.

Whichever way, Stripe is still #1 payment processor right now. You can use to process payments on your website, it allows you to receive payment on your website via credit card without taking your buyer to another website.

The Stripe payment processor is embedded on your website which makes it easy, flexible and quick for your buyers to make payments.

It does not matter where your customer is paying from, your price in dollars is charged on your customer’s credit card and remitted to your stripe account immediately.

Using Stripe makes it easier, fast and reliable to process payment on your store! Even better than PayPal.

However, the bad news we already know is that Stripe is only available for residents in the United States (USA) and a few numbers of other countries.

Then, what if your country is outside Stripe availability by default, is all hope gone? Nah!

But we have good news, which is we can use Stripe legally even though your country isn’t allowed.

How do you accomplish this?

The only thing you have to do is first, register a business in the USA and use the data to create your legal Stripe account.

And in this article, I will you how you can set up your own stripe account exactly the way I set up my own.

How to Set Up Stripe Account for Non-Supported Countries or Non-American Resident

To GET a Stripe account legally without any future issue as a non US resident you will need the following:

  • EIN (Employer Identification Number) or Tax ID
  • A USA Phone Number
  • USA Physical Address
  • USA Bank Account
  • USA Business Formation (LLC)

Note, Before you get carried away, everything is easy to set-up and can be set up within few days and at a low price.


The most significant of all is opening a Limited Liability Company (LLC) in the USA which will lead you in getting your Tax ID (EIN).

After you have gotten your Tax ID or EIN, you can then advance to set up your Stripe account.

Beneath is a notification from Stripe company confirming the validity of creating a stripe account as a non-American citizen.
(Image)

Strip account for non us residence

So, as a Non US citizen, you can set up a Stripe account as far as you get a business in the USA and a legal EIN number.

The good here is that have no reason to pay for the business establishment, nevertheless, you will need to pay for state filing & tax ID.


Getting an LLC for Your Business in The USA

One of the reason of having your business registered in the US isn’t limited to Stripe only but you can benefit from several similar businesses under the registered business.

Another benefit is that you don’t need a Social Security Number (SNN) to have your business registered in the US.

You just need to choose a NAME for your business and pick a state you want it to be registered in the US.

Also, doing the business registration ensure you understand the state you want to set up your business in, because some states charge high annual business tax and as well as high state filling (Business Registration).

But I discovered;

Kentucky
and Colorado State
to be very cheap.

Kentucky state charges $15 as an annual Tax fee and $40 as state filling while Colorado state charges $50 as a state filling and $10 as an annual Tax fee.

Kindly, do further research on that if you want to go with any of the state based on their current fees.

A state annual tax is a tax you pay on every end of the year. So they vary based on the state you pick to register your business.

States such as Hawaii, Newyork and California should definitely be out of your choice because they’re madly high on tax.

I’m not US resident but I have my business registered there and I can use Stripe to process payments as a non US resident.

And this is the main purpose of this article which is to show you how to get it done and at a very cheaper rate.

I was able to carry out all this using Inc Authority and Kentucky (link) as my business state because it’s very cheap.

Plus, there is various service out there charging as high as $1000 for this same purpose. But before I conclude this article you will learn how you can get yours for less than $250.

Coming from someone who hasn’t visited America, I know-how important, it will be for your online business to register your business in the US.

ALSO READ: Aliexpress Shipping Time For Dropshipping SOLVED

How to Set up Your Business LLC Using Inc Authority

In other to be eligible to use Stripe as a non-American Citizen you need to register a business in the USA using Inc Authority.

Inc Authority gives online business incorporation registration services and other business services like federal tax ID No, LLC operating agreements, record books, etc.

At Inc Authority, setting your business is free except for state charges. And this is why it’s relatively cheap compared to others charging as high as $2000 for the same business formation.

I carried out intensive research before I finally choose Inc Authority to form my business LLC formation in the US. Their service was excellent and while I will always recommend them.

Checking TRUST PILOT for their review will reveal to you, they are the best.
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Inc Authority review


Now let’s progress to registring your LLC at Inc Authority:

Setting up your LLC with Inc Authority is very easy, I’ve done justice to it, by braking it in the step by step guide below. All you need do is just follow the steps and your Tax and LCC will be set up.


Step 1. Head Over to Inc Authority

First, you need to move straight to IncAuthority.com to get started. after that, you click on the “START NOW FOR FREE” icon…

IncAuthority

From there you move to the next page which is the state you want to form the LLC and your business entity type.


Step 2. Choose Your Business Entity

From the drop-down menu, choose LLC (Limited Liability Company) and then choose your state. I recommend you should go with Kentucky because of the low cost and the cheap annual tax fee.

Inc Authority


After that, click on “Save and Continue”


Step 3. Business Owner Details

The next step is about the business owner. At this point, you have to fill in your Full name, your e-mail and also your America phone number.

Moreover, you need to tick the “Terms and Condition” box to proceed to the next stage.
(Image)
To get a free USA phone number, go to Google play store and download the TextPlus App.


The App is free of charge and it’s equally what I used.


Step 4. Enter Your Business Information

Next is to pick a name for your business with a short description and a search will be run on it to check if it’s still available.

If your business name is available, It will be created immediately upon the state approval. However, in the case whereby your proposed business name isn’t available, you will need to adjust or find a new name.

But it won’t cost you any additional fee!

IncAuthority Stripe


Next, You should “tick the Minimize business and taxes” and proceed to save and continue.


Step 5: Your Business Address

Here, you need a physical US address where your document can be sent to. Doing my registration, I called and I directed them to send it to my email address.

But that does not mean you don’t need the US address, you do! In other to get your US address there are many online services you can use such as:

Virtualpostmail.com
physicaladdress.com
shipito.com

Shipito.com is free to use and you can get started with them, Create an account and you’ll be given a physical address straight away.

Finally, enter your business address, click on Save, then Continue.

IncAuthority- stripe

Step 6: Getting Your Tax ID (EIN)

Inc Authority will be the one to get your Tax ID or EIN at just $49. Which is very cheap compared to other services.

Inc Authority - Stripe


Step 7. Custom Operating Agreement

This stage, you have to add the custom operating agreement because it is necessary. This is proof that you are the rightful owner of the business.
And it also represents the state law backing your business.

Inc Authority

ALSO READ: Aliexpress Shipping Time For Dropshipping SOLVED


Step 8. Inc Protection Advisor

The Inc protection advisor and the steps are not necessary, because is just an upsell.

You just need your stripe set up. The remaining steps include:


Lawsuit Protection – $99 (this form protect and exclude you when your business gets sued.

I paid for this, but you can leave it, in case you don’t have funds now. Note, you can always pay for it on Inc Authority later

Express Delivery – $49 (if you a faster delivery that is, the entire process done within 2 days this offer is for you.
But normally, using Inc Authority, your business will be ready within 5 days.

Domain Name – $29.95 (this offer will allow Inc Authority to secure your proposed business domain name for you. Alternative, using NameCheap, you can get it for less than $10

Business License Package – $99 This package is not needed, for now, this package just covers you in case of a lawsuit which that you can still get them in future when you might want it.

Lastly, you will have to pay to secure your LLC business registration. The total price of what you will pay for should be:

  • Kentucky State Filling fee – $40
  • Operating Agreement – $89
  • EIN/Tax ID – $49

== $179


With this ready, your business LLC will be set up with your valid Tax ID that will be use doing registration of your Stripe account.


You can Set up Your Stripe Account to START Process Payments As A Non-US Resident Immediately your business LLC is registered, your business will all get a tax ID. Which is includes top criteria needed to create your Stripe account?

To create your Stripe account, simply head over to stripe website (Stripe.com) and proceed to create your account. Enter your email address and full name.

After you are done with the registration, you will need to activate it by filling an account application. In the application, you will need to enter your personal details, US company details, EIN and a digital copy of your government-issued Identity

Inc Authority

Once you have done everything correctly you should be approved in few days.

After everything is successful, you can now use Stripe to process payments on any of your business website. All funds will be sent to your US bank account.

Up Next is how to create a USA bank account to cashout your Stripe earnings!


Opening a US Bank Account with Payoneer

This stage is the easiest since we have Payoneer for that. All you need to do is register with Payoneer.com, connect with Global payment service and you will be able to get your virtual US bank account.

Once you’re done with this, you can now have your funds move to Payoneer and cash it in your local currencies. It’s as easy as that.

Nevertheless, to do this, you have to access your Stripe account. From your account, you can advance to the payout sections and add your Payoneer account number and that’s all, you are now set to proceed with your eCommerce business. You now have a legal business in the US, in addition, you can also receive payments with your stripe account.


Finally

With the above procedure, you will rapid growth in your business. If you also have a PayPal business account this will an advantage.
Your business is also fully legalized in the US. I hope you find this very helpful.

That’s it on how to use Stripe to process payments as a non-US resident. What are your views on this? Let me know them using the comment box

Aliexpress Shipping Time For Dropshipping SOLVED

Aliexpress Shipping Times For Dropshipping SOLVED

In this post, I will be showing you different ways to reduce the Long AliExpress shipping time and this will help you in your dropshipping business.

Every customer wants to get its product within 24hrs from check-out that why the place of fast shipping in dropshipping business or any eCommerce business is really very necessary.

Your customers want their products fast and you want the money to roll in fast too. Right?

But is a fact on AliExpress, shipping time takes too long and many drop shippers are looking for an alternative faster shipping than AliExpress?

In this article, I will be sharing with you how you can reduce the shipping time directly on AliExpress. Where you can deliver your goods to your customers with 2 – 5 shipping days, also you will learn other alternatives to AliExpress shipping.

Prior to that, let me briefly respond to the common question asked by most people just in case you have no idea about it.

How Long Does Aliexpress Take to Ship?

AliExpress shipping time mostly takes 15-45 days worldwide especially outside Asia while within Asia it takes 2-7 days to have it delivered to you.

ALSO READ: Complete Guide on How to start Dropshipping in Nigeria

This made most people fearful, but in this article, we will do justice it!

Let’s get started

How To Have A Faster AliExpress Shipping Time

Below are some tricks you can use in getting fast dropship suppliers and invariably have a faster delivery of products to your customers.

1. Ship From United State On AliExpress Website

The first alternative is to tweak AliExpress itself to accelerate shipping. In addition, this is only going to work for those that are selling to the United State and some European countries.

There are many AliExpress suppliers that have their warehouse located in the USA. Therefore, using this is going to be domestic shipping and equally a faster delivery system that takes between 2 – 5.

To practice this, just go to the AliExpress search tab and enter the product you want to search. From your result page, you will see a box with a “ship from“ as an option.

Aliexpress Shipping Times For Dropshipping SOLVED

Click on the “drop-down button” and choose the United State. The next page is going to bring several similar products but now the only supplier that can also ship from the US.

Once you see the one that interests you, then proceed by checking the estimated delivery time because they vary from each other.

Aliexpress Shipping Times For Dropshipping SOLVED

The downside is that the supplier usually increases the cost of the product a little bit (+$2 – $5) which is actually not bad. This you can still add to the product price and still makes a profit.

Another downside to this is that there are few product choices because not all seller on AliExpress has a warehouse in the US. Therefore, the number of the product you can find is going to be a few.

Finally, as you may know, it only works in the US and some European countries. So, may not necessarily be the best option for you if you want to sell to some other countries in Asia and Africa.

In addition, with AliDropship plugin for dropshipping, you can use the product filter option to source out product in the US and have them ship to your customers.

The choice on the AliDropship plugin is unlimited, which means you can use it for other countries, check out the pics above for better understanding. You can do this by clicking on the dropdown arrow where you will find other available choices.

2. ePacket Shipping Option

ePacket is a shipping option offered by Chinese suppliers. It allows supplier in Hong Kong and China to provide an affordable and fast shipping option for light goods.
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E-packet delivery


With the help of ePacket delivery, it takes about 7 – 10 days to deliver packages from China to other countries like Canada, US, Australia and some other European Countries. In case of African Countries like Nigeria, Kenya, Ghana, Mali, Cameroon etc might not support ePacket delivery at the moment but merchant should expect delivery time of 21- 35 and most of the time before 30days.

ePacket delivery allows customers to track, monitor and locate their product at no additional cost on websites such as USPS and EMS.

ePacket Requirments

The largest length of the package can only be 24’ [60cm]. The total height, length and thickness shouldn’t be more than 36’ [90cm]
Beside that, the package can’t exceed $400 in value and shouldn’t weigh more than 2 kg to qualify for ePacket delivery.

As of April 2020, 44 countries support ePacket deliveries which means you can dropship to the following countries using China Post’s ePack service.

  1. Austria
  2. Australia
  3. Brazil
  4. Belgium
  5. Croatia
  6. Canada
  7. Denmark
  8. Estonia
  9. France
  10. Finland
  11. Germany
  12. Greece
  13. Great Britain
  14. Gibraltar
  15. Hong Kong
  16. Hungary
  17. Italy
  18. Israel
  19. Ireland
  20. Japan
  21. Lithuania
  22. Luxembourg
  23. Latvia
  24. Malta
  25. Mexico
  26. Malaysia
  27. Netherlands
  28. Norway
  29. New Zealand
  30. Poland
  31. Portugal
  32. Russia
  33. Spain
  34. Singapore
  35. Saudi Arabia
  36. Sweden
  37. Switzerland
  38. South Korea
  39. Thailand
  40. Turkey
  41. Ukraine
  42. United States
  43. United Kingdom
  44. Vietnam

If you are targeting any of the above countries using ePacket delivery getting your products to your customers staying in these counties will be faster and cheap.

This is mostly because all on average a package travelling to the USA can take 7 – 10 business days to arrive from the date of shipment.

3. Spocket MarketPlace

Spocket MarketPlace

Spocket is totally different from AliExpress. A big market-base for drop shippers to sourcing top quality and products that are cheap.

There exist hundreds of thousands of products on Spocket at a high cheaper price available to be sold on your dropshipping store with fast delivery 3-6days.

If you are searching for the fastest option to AliExpress, you can decide to check this out. Spocket is well-known for its fastest shipping and you will also benefit from them a higher markup on the items you are dropshipping.

Also, Spocket helps you to automate your dropshipping process and helps you to reduce the workload.

Some of the benefits of using Spocket includes:

  • Enjoy 3-6days faster delivery for your products
  • You will have access to numerous suppliers from various countries
  • Spocket help to Automate the dropshipping process for your online store
  • Access to many products under different niche.
  • You can easily import products to your dropshipping store.

What If None Of The above Shipping Processes didn’t Work Out?


Great, AliExpress dropshipping delivery time has over the years affected many drop shippers with regard to the delivery time and delays.

Despite that, it is worth noting that Aliexpress has improved over time and presently still improving it by partnering with major local and international logistic companies.

never mind, even with the below options you can still work thingd out.

ALSO READ: Complete Guide on How to start Dropshipping in Nigeria

1. Dropshipping cheap products

A very cheap product is worth the wait. The reason is that low-cost products on Aliexpress always come with free shipping and most buyers are willing to wait for it.

You can source low-cost products on Aliexpress and be cautious not to order poor quality products.

2. Dropshipping hot in-demand products

Your buyers won’t mind the shipping time once your product is unique and scarce. for this reason, it is necessary to take some time while selecting products to dropship. Make sure the products you selected cannot be easily sourced from traditional shops.

3. No Emergence products

The general notion of dropshipping business is to create impulse-driven by emotions.

If you want to sell prime necessity products like medicines which your customers have an urgent need for, then you should provide your own means of reaching your customer need and not through a supplier.

Once your customer understands they are not ordering out of urgent need or a burning desire but due to they like your products. Then, they can wish the wait.

4. Disclaimer Notice

This is really important when it comes to Aliexpress dropshipping. Because the majority of the buyers get agitated when they notice their package are taking longer to deliver.

This is completely gonna be different when you state the delivery time which should be very visible in your store for your customer to see and for your own safety too.

On the product description, You can write -Please Note: The average delivery time is 45 days and the buyer will know what to expect from their order.

5. Customer Support

Making use of your customer feedback to your own benefit can go a very long way in your dropshipping journey.

It’s 100% possible to have an upset customer that might call and message when their items didn’t arrive on time.

But never mind, you can calmly manage it in the following ways:

  • Add the delivery time once more doing the time you are sending the confirmation email to your customers. It’s good to remind them of the expected shipping time because not customers will have the interest to read this in the product bio. You can either do it manually or do it automatically with Alidropship Plugin. It will immediately notify your customers.
  • Furthermore, immediately you receive your customer tracking code from your Aliexpress supplier, send the tracking number and then explain to the buyer how to use it.
  • Finally, make sure the refund policy very clear. This will grow the trust of your customer. If it’s 30 – 46 days or 60 days, kindly clarify that you will make 100% refunds if any of the product is damaged or not delivered within stated time.

If this is clearly written, your customers will only get a refund if the product is damaged or didn’t get its place on the 47th or 61st day!

Finally

Ensure your business is registered in the US. This will enable you to use stripe as a payment processor on your dropshipping store.

Getting one will give you free access to sell to the US market from any country. I’ve written an article on how to register your business as a non-US- residence.

Thanks for reading my article on Aliexpress Shipping Time For Dropshipping SOLVED

How I Make over N250k With Opera News Hub

How I Make over N250k With Opera News Hub

Opera news hub creator is a platform where articles are been shared for the reader’s engagement.

Opera news hub started trending late last year November and maybe you have heard about it and you have decided to give it a trial. Or peradventure you are just learning about it?

In this post, I will show you how you can make up to $450(250,000)/month just by working from home, also I will teach you the secret on how to make money with Opera News Hub, how to Join/register on opera news, How to write engaging news, the cost of each click on Opera Hub and How to calculate your earnings on opera news hub and all about opera news hub engagement bonus

Earning money with opera news hub is as simple as 1, 2, 3, all you need to do is to publish an engaging article, avoid copied article because when you submit a copied content, your article will get rejected automatically.
You can possibly make consistent monthly income with the opera news hub as far as you are generating an engaging article.

You don’t need to own your own website.
All you need to do is just be willing to work more hours every day and you will get paid for writing an article.

Now, Opera news Hub pays its user every 15th of each month.
When your content starts to get more relevance and engagement, you then begin to track your earning and your performances based on the number of post views and ads clicks.

What Is Opera News Hub, How can I register and How Does It Work?

The Platform is own by opera mini and is a new online media platform where content creators like bloggers and article writers, creates contents to earn from it.

Opera mini is a popular browser on Android, iOS device, window operating system and Linux having over 150 million engaging users worldwide including Nigeria.

It smoothly connects thought readers and content creators from a wide range of interest-categories with its members and rewards engagement with revenue exposure. You have a big opportunity to reach a more international audience and more exposure. Meanwhile, you also, get more social media followers and spread their article all over the globe.

How to Make Money with Opera News Hub

To earn money with the opera news hub, all you need to know is how to write an interesting and engaging story always.

A story with the content of at least 150-word count or more. The secret to earning more money on opera mini hub is to write as many contents as you as possible.
If you’re lucky to be making 10K from one article think about what you’re made when you have over 30 of those similar articles on the news platform.

Everything comes back to your action and how much time you are ready to give; the more you spend on it the more you can earn and this is the only way you can increase your monthly payout.

What If You Don’t know how to create contents Or You Don’t Have The Time?

You earn endless money with Opera News Hub with the help of this trick. This trick is personally tested by me. So, the trick is always 100% safe to try

Here’s is it, let’s say you are earning at a minimum of $10 from each article and pay a writer $3 to write one article. At the end of everything, you will be left with a profit of $7.

The good part is you can take your article the next day which makes it very FAST!

ALSO READ: How I Earned Over $10,000 Doing Dropshipping Businesss In Nigeria

Steps to Start Making Money with Opera News Hub

This is how opera news hub works and this is how you can create your account and start making some money from this great platform

Step 1: Create An Account

How I Make over N250k With Opera News Hub

To create an account them, you need to visit the Opera News Hub site .

On home page, you will sign up using Facebook account and Wait for an admin to approve you.

How I Make over N250k With Opera News Hub

Next, you will login with your Facebook password. Then will be taken your to your account set-up page.

The first page that will pop up, will require you to confirm your login, just hit the confirm button and proceed to the next page, which is the one in the image below.

How I Make over N250k With Opera News Hub

This is just your hub details and everything about your blog on Opera news hub.

Wemedia Name: We media Name is the name you want to give your blog on Opera news hub and shouldn’t be your personal name.
Category: This is the category you want to write on and your content must be around the category you choose.
Profile Photo: kindly Note that The image you are going to put here will appear in every content you are going publish.
Description: This is simply a brief description of what your News hub is all about.

Step 2: Account Information
The next stage is to fill out your personal account information with your real details and enter your Opay number as the only means to get paid.

How I Make over N250k With Opera News Hub

Once everything is successfully filled out, you can then proceed to start publishing content.

But, as a new member on the Hub, your account will undergo review for a few minutes before it is activated.

ALSO READ: How I Earned Over $10,000 Doing Dropshipping Businesss In Nigeria

Step 3: Publish Your First Content
After they have activated your account, you will be eligible to publish content on the Platform.

How I Make over N250k With Opera News Hub


Article Title: This place is where you post your article title. And it is the most important part of any article. Make sure you use a catchy title that attracts readers.
Content: This place is where post the main content. Also, make sure your article will engage your readers. The more inquiry article you write the more money you make.

How Much does Opera News Hub Pay

Below are the breakdowns of How much opera news hub pay per click for each article published on their platform

  • 1 click traffic will get you bonus of ₦0.036
  • 100 clicks traffic will get you bonus of ₦3.6
  • 1,000 clicks traffic will get you bonus of 36₦
  • 10,000 clicks traffic = bonus of ₦360
  • 25,000 clicks traffic = 2.5 * 360 = ₦ 900

Mind you, since the opera news hub has a lot of traffic, it’s very easy to get more than 10,000 clicks in a few hours.

Additionally, you will also get paid for post share and comments.
The article that has more engagements like 100 will be qualified for the engagement bonus which is ₦ 1800/100 engagement.

If your article engagement bonus is lesser than this, you will not be eligible for the bonus. However, every content with over 100 is eligible.

For instance, 350 engagements, will get 3.5 * 1800 = ₦ 6300 as an engagement bonus

How To Get Your Content Approve Quickly

you need to know, not every article are eligible on the Platform. Copy and paste content will be ban and don’t be tempted to do that

However, do not use titles that has this following words:

  • Shocking
  • Shock
  • OMG
  • Unbelievable
  • Twitter goes wild
  • SURPRISE
  • Amazing
  • Etc…

Those words are considered as click-bait. That is luring readers to click on them.

Conclusion

The opera news hub is really the easiest way to make money online in Nigeria, this is because you will continuously earn money from the previous work you did for a very long period time

It’s not difficult at all, you only need to create a short content within 250 – 500 words and then publish it. The more content you create the more your chance of earning money increases.

HOW TO EARN 

₦250k

Be The First To Get Notified Upon Launch

HIDDEN SECRETS 

coming soon

How Does Dropshipping Work With Shopify? Step by Step Guide

How Does Dropshipping Work With Shopify?

Introduction

In this post, I shared my case study on how dropshipping work with Shopify and everything you need to know about finding dropshipping products that sales, Instagram shoutout and building a good dropshipping store

It all began after one beautiful afternoon I visited a friend who is also jobless like me, on getting to his house I saw some group of guys, some are new faces I haven’t seen before, they were discussing mini importation, I listened to them, but didn’t get the full list.

After the whole discussion I went back home, and I started searching more on mini importation online, and some searches pop out from google, and one exciting thing I saw was drop shipping, shortly I got confused. I quickly google ” how does dropshipping work with Shopify? Step by Step Guide “

I started searching for more information on how dropshipping work with shopify, and at that time dropshipping in Nigeria wasn’t that popular. I couldn’t find someone doing Dropshipping in Nigeria

I have to compare it with mini importation and without even giving it a second taught, I settle with dropshipping with 1million reason that convinced me. To cut the whole stories and struggles short, I met a mentor after 4months, who opened my eyes on what I was doing wrong and changed my mindset.

My case study is for everybody, especially for anyone passionate about building a Dropshipping works in Nigeria and willing to give it their best.

To help get them on the right track, I have to write this report on one of my new Shopify store, how, I made my first sale, which brought me profit in the first month. I want to prove that with the right knowledge and a little hard work, anyone could build a profitable dropshipping business.

So I built a brand new one from scratch, with a $50 budget, and documented every single step — no secrets, and no holding back.

What you’ll learn from this case study will tear down the all-too-common misconception that you need to “spend too much money to make money.” It will show you that making sales isn’t nearly as difficult as you think. And most importantly, it will prove that success is possible for anyone.

By the time you’re done reading, there won’t be a single excuse left to stop you from getting started. My case study is actually on ” how does Dropshipping Work with Shopify? Step by Step Guide. “

My Mindset

With my years’ of my experience in Dropshipping and so I have decided to do a case study on how dropshipping works with Shopify. To achieve my goal, I have to be offensive and keep things very simple. So everything I did is simple and to no time to get classy.

Here’s how it shaped up:

Day one

The first Day, I decided to do this three things:

  • Find a dropshipping product: The first thing I do is to find Dropshipping products that are profitable and trendy.
  • validating the product: I validated the dropshipping products using different tools like Google trends, Aliexpress Dropshipping centre and Facebook research tools.
  • Choose products: finally, I will be picking my dropshipping products after I’m satisfied with the result.

Day Two

  • Setting up a Shopify Store: I used Shopify to build my Dropshipping store, then bought a good domain and connected to my shopify store
  • Importing products: To import products from aliExpress, I used tools called oberlo to import products with images, reviews, description and price from Aliexpress to my dropshipping store
  • Designing my dropshipping store: I will use boundless as my store theme when designing the store. Is free you can check it out

Day three to Last day of trial: HUSTLE

After I have finished writing out my plan, I kick-start my journey.


DAY 1:

Finding my Dropshipping Products

At this point, I had no idea what to sell, but I tried to avoid the following:

  1. Electronic-based products (potential to break)
  2. Food-based products (potential to spoil)
  3. Heavy and large products (expensive to ship)
  4. Cosmetic products (can not be sure what they’re made of)
  5. And Products with a price above $24.

What type of Dropshipping product I’m going to look for?

  • Product that Improves confidence
  • • Product that Improves convenience
  • • Product that Fills Void/Solves a Problem
  • • Product that Saves people money over time (investment)
  • • Product that Saves people time
  • • Product that are Extremely Unique (New Product not on the market yet not much data for it)
  • • Product that Improves Quality of Life
  • • Product that have High Perceived Value
  • • Woman Dominated Product* (Note, this type of product takes less money to find buyers)
  • Product that are cheap and light in weight

NB: My Dropshipping Products must meet 3 out of the 10 criteria to pass product index.

Because I’m dropshipping from AliExpress, which is easy to sort out products

I check out the top-selling items and filtered for products that matched the criteria I listed above:

Here was my finding . When I ran a research on Aliexpress.

How Does Dropshipping Work With Shopify

Note: This product is hot in demand at the point of writing this Article.

Validating my product – Using Google

Because I don’t like to work solely on intuition, I started the validation process to determine if the wood resin necklace had real sales potential. To start, I plugged the term “wood resin necklace” into Google Trends. Then I fell instantly in love.

How Does Dropshipping Work With Shopify
How Does Dropshipping Work With Shopify? Step by Step Guide

Although it looks like up and downtrend, there’s still a lot of demand for these wooden necklaces! Using only Google Trends, it won’t show me the monthly search result, so I moved over to the Google Global Market Finder to learn more

Validating my Niche on Google Trend United State

Over 150,000 monthly searches for a single keyword in one country is some kind of jackpot! Due to high competition on Google, I don’t think My new Shopify store would have a good ranking on Google, but who cares? 1 month is too few to rank anyway. So, I won’t depend on Google alone for the source of traffic but will try an alternative. So far so good, everything is looking good, but we’re not done researching yet!

Validating my product – Using Social Media

The next step was to validate my dropshipping products on social media and find out how popular wood resin necklace are on social media. I took a look at Twitter engagement, and within just thirteen days, 850 tweets Included #resinnecklace. Even if I assume that 30 – 40% of those were posted by stores promoting their products, but I look further and I saw people posting pictures of their resin necklace.

How Does Dropshipping Work With Shopify? Step by Step Guide

I’m still not satisfied with the result on Twitter. Then, I move over to Instagram

Instagram shoutout: Validating my Niche on Google Trend.

Based on these results, it seems like resin necklace pendant has pretty high engagement, especially considering they’re just necklaces, not some crazy world-changing product like the iPhone.

Day 2:

Building my Dropshipping store using Shopify

Now that I had finish validating my dropshipping product, Next is to build my store, Which I did use Shopify. I’m always going for simple and easy to understand website, No fancy. I moved over to Shopify to register my 14 days free trial and spent little time setting it up. I didn’t spend any money on any new theme because I picked a free theme.

How Does Dropshipping Work With Shopify?

Here’s how I set up my shopify store:

  1. I used Boundless as my theme
  2. I gave all countries free shipping
  3. Integrated Paypal as my payment gateway
  4. Wrote all my Privacy policy, Contact us, terms of service, refund policy
  5. Imported product using oberlo and write a good product description and pricing.
shopify wood rasin sell
How Does Dropshipping Work With Shopify? Step by Step Guide

Now, things are looking great and almost ready to kick start. The is simple and nothing fancy, just a good store that does not distract customers when their land on your store to buy eg Pop-up notification. I know this stuff are necessary, but, I only had a few days to build a good business store and start to make sells immediately from it without initial capital.

This image has an empty alt attribute; its file name is Capture-9-1024x565.png

Never you worry about the Top Players.

Since 2018, I started dropshipping as a business, I knew that there were probably thousands of Amazon sellers doing exactly the same.

A quick search showed me I was right. Before I continue, I will like to mention something. At this stage, many new entrepreneurs start to struggle.

Instead of them thinking about their future customer, They divert their thinking on who their potential competitors are. Can I ask one thing? Have you come across to a person who has made a strong, positive and meaningful connection with a massive, multi-trillion-dollar marketplace? Unlikely. If anything, they will bring up how affordable they can be, or how it is almost impossible to not find a product there.

Always note that Top players can’t build good, real and close relationships with their customers because they are already big. They don’t have a good customer care that responds to customer queries. They are not interested in making something like $10,000, They can’t send direct messages on Facebook to look for customer because It’s doesn’t worth their time. They already have the customer base.

In this kind of business competitors are not people to worry about, you need to keep focusing on things you can do better, like building a better Shopify store, establishing real relationships, Creating a copy for your Ads, picking a good supplier etc. I’m very sure there are many people out there who will never buy from these top players and would rather support small businesses like yours.

Finally, Not every buyer out there compares prices! Some have enough to spend, but that doesn’t mean you should make your price much higher. but if you still doubt, I will prove you wrong in the course of this my case study “how does dropshipping work with Shopify? Step by Step Guide”.

Finding and Importing Products

To find other popular products that I can sell Resin necklace pendant with, I headed back to the Global Market Finder to conduct another search. After clicking on “Showing more Additional keyword suggestions from google Keyword Planner” I found a bunch of good product opportunities for my shopify store.

Here are some of the more popular searches findout:

  • wooden pendant
  • resin wooden pendant
  • resin pendant
  • resin necklace pendant

Finding Reliable Supplier For That Product I want to sell

I then head to AliExpress to search for suppliers selling “resin necklace and pendants” and then sort them by these Credentials:

  • checked out if the supplier offers Free Shipping
  • looked for this sign ★★★★☆ (over 4.5 is good)
  • checked for supplier number of Orders
  • looked for Feedback Score, must be > 2500
  • Finally, Checked for Positive Feedback and it most be > 90 %

Most important one, I looked at real customer reviews within the product page.

Writing Product Descriptions

After I imported a few products. Next is to write some niche-appropriate product descriptions.

This section is important! For low-priced dropshipping products like wood resin pendant, long, technical product descriptions are usually a waste of time. I wanted to write an engaging (and very short) description for my dropshipping product. Here’s what I came up with:

Note, If you are importing product from AliExpress, DON’T leave the product descriptions as-is when entering products to your store. Make them unique and fit for your niche, avoid plagiarism. Don’t rich it because this section is very important.

DAY 3:

Setting Price for my Products

Setting product price is the most tricky of them all because it can build you or destroy you. Don’t set too high or too low. I was trying to make the most amount of money in the least amount of time, I chose to price my products at a premium(not too high) to earn more profit from each sell.


Here’s a breakdown of my pricing Guidelines:

  • PayPal transaction fee (1.9% + $0.38)
  • Affiliate commission (12%)
  • Discounts (15%)

I ended up setting the price for the resin products from $4 at $72(depends on the quality and demands of each product). After removing all my costs, fees, and others, I would earn between $3 – $60 in net profit on each sale.

Note, most of these products are sold on eBay and Amazon for $24 and above. this set was selling on Amazon for around $75. If I were able to sell it for almost $72 more, and it should prove to you that price isn’t the only thing people think while shopping online.

After I was done calculating and entering prices for each resin necklace I was selling, NB: “I recommend doing this manually” (don’t trust any app even Oberlo)

Next Marketing :

Low Marketing Budget: Instagram Shoutout

Due to the main reason of this case study was to start earning money without spending much money, I didn’t go my normal route of spending a few dollars on Facebook and Google Ads looking for customers. Then, what is the easiest and cheapest way to reach the right audience these days?

Social media

I started on Instagram and searched for #resin. I looked through the results which is good and wrote about 40 – 50 direct messages to the people who uploaded them. even though the messages were badly written, I still got about responses. eg:

Making First (Real) Sale

Making first sale in a business always looks like a thing of Joy. I was in a mall when I receive a notification, I open it and it’s my first sale:

Shopify Dropshipping first sales

I made $14.35 in revenue and $13.72 in net profit. The original cost of this product is $0.63 — my strategy seemed to work! the order came from the UK.

FACTS

But more interestingly, and my ultimate proof that anyone can compete against a big player — the $35 wooden resin necklace I found on Amazon! Even with Amazon discount, My customer even go ahead to order from my store at a price of $72.00 more than what you can get it on Amazon.

Is this ethically wrong? No!
Like I said Initially, If you do things a Top player can’t, then you will be able to make a lot of sales

Closing Shop & Final Tally

Note, this case study was more of an experiment anyway, and considering that, it was successful! Here’s the financial report at the end of the month:

Dropshipping earning
All these sales were made in a month without spending so much money on ads.

Like in this last month only, I earned $10k in revenue (~$8k in net profit). Wow, right!

The lesson here: is simplicity, Fist note out were your initial customers came from and the reason they bought from you. Doing this small research is just the beginning, The stage where you make real cashout is when you take action on everything you discovered.


Don’t try to sell to everyone. Be as specific as possible! Narrowing my dropshipping product from “resin pendant ” to “wooden pendant.”

NOW

Conclusion

Nothing fancy; just a shopify store with some real, honest work behind it., I hope this my case study on ” how does dropshipping work with Shopify? Step by Step Guide” was helpful ” to you.

I want you to have success with your business, and I genuinely believe that this is possible for everyone. The most important step is to stop dreaming about overnight success and instead, be willing to put the work into action! There is absolutely no reason why you can’t become successful doing dropshipping in Nigeria.

IMPORTANT: If You Enjoyed This And Hoping Or Already Into Dropshipping Business. But With No Sales Or Having Below Issue:

  • Unable To Setup Converting Dropshipping Store
  • Finding It Hard To Research On What To Sale
  • Need Help To Scale Your Business including Facebook marketing and Instagram shoutout
  • Don’t Know Where To Start But Really Interested in Dropshipping

Then Kindly Shoot Me A Mail Here So We Can Discuss Further On This:

Email: csc@dropshippingmonster.com

Our send a whatsApp Message: +234 802 958 9095

Complete Guide on How to start Dropshipping in Nigeria

Complete Guide on How to start Dropshipping in Nigeria

In this article, you will find the complete guide on how to start a dropshipping business in Nigeria. Dropshipping can be done from the comfort of your home.

Starting dropshipping from Nigeria is a great Idea if only, you have the knowledge to do it the right way. However, why I tagged this article as ( Complete guide on how to start a dropshipping business in Nigeria) is because I am sharing my experience/ideas from my Nigerian point of view. How I’m able to succeed in Dropshipping here in Nigeria.

Dropshipping business mones

Starting a business in Nigeria like dropshipping business means you have to think of many things like:

  1. The payment processor for your business.
  2. Mentor
  3. Capital
  4. How to deal with supplier
  5. How to have your products shipped quickly.
  6. What idea of products should I dropship? In case, you are thinking of going global, then you should be aware of tax or company registration for each country.

Also, you should be aware of import tax In case you’re dropshipping in Nigeria.

And all these are the reasons I tag the title of this article (Complete guide on how to dropship in Nigeria), because of some rules and regulations and economy uniqueness protecting e-commerce business in the country.

So you have to get your seat and enjoy the roller-coaster as I take you down in the best possible means I can.

If you are yet to enroll into my Dropshipping Masterclass, kindly do, to get started with your Dropshipping business and also you will have access to join over 1000 drop shppers in our Telegram community where we answer questions, help each other and make money together.


What is dropshipping & how does it work In Nigeria?

For easier understanding, Dropshipping is when you sell a product without buying or having them.

Here is how it works, you first create an online store, after you have created an online store and added different demanding product to it. What I mean here is putting pictures and description of the product. The pictures and description can be taken from online eg AliExpress.

Note, you don’t need to see or have the physical product in stock before making any sales. So, once you made your sales, all you have to do is contact your supplier (the real owner of the product) by sending your customer address and then you pay the supplier from the initial money paid to you by your buyer(the customer).

How can I start dropshipping


The third-party supplier, in turn, makes the shipment to your buyer(the customer). While you and your buyer(the customer. home happy.

It looks simple right hmmm. No, but we can help you start your Dropshipping business and you will start earning in 14 days contact Us.

However, if you will be using AliExpress to source for products, you do not need to contact the seller(supplier). Simply, All you need to do is go pay for the products and then fill your customers’ details(eg home address, phone number, etc) on AliExpress as the buyer.

The seller on AliExpress will then packaged the product, processed and shipped to your customer without them knowing it’s coming from AliExpress.

How to start dropshipping in Nigeria


5 Simple steps on how to start a dropshipping business in Nigeria?

Before I start, I will like to answer some frequent questions commonly asked by New drop shipper in Nigeria.

  • How much you can earn by dropshipping? Dropshipping allows you to make more profit from selling a single product. You can decide to buy a product with shipping cost included at no more than $10/pc, and sell them for $28 or $48. which is 60% profit margin, right? Sell the same product 5 times a day, you will be making profits of over $100/day. $3000/month (1million naira).

  • How long it takes for the shipping? If you’re shipping from USA to USA, It takes 2-7 days. USA to another country takes 4-11 days. China to the USA takes 7-25. China to countries takes 7-25.

  • Can I make my products at my branding? Yes. Many Sellers provide you with branding service as soon as you’ve reached the minimum purchasing quantity.

  • Do I need to pay any tax dropshipping with AliExpress in Nigeria? The answer is NO! Paying of Tax are for only USA residents.

  • How much money do I need to start dropshipping? To start dropshipping you need a minimum capital of $50 – $500. Depending on your level of experience.

Next, we will look into steps on how to start a successful dropshipping business in Nigeria.

  • Choose a Product to Sell
  • Find a Trusted/Reliable Supplier
  • Setup your store
  • Market your product.
  • Start making money.

Step 1: Choose a Product to Sell

Choosing the right product to sell is the first step to take in starting a successful dropshipping business in Nigeria. Many people make the mistake of selling anything they can think of. You should always know that dropshipping is a business, not a gamble.

And like every other business, you need to do deep business research and then pick a strategy on how to be profitable in the business. One of the ways you can do this is by searching for hot in-demand products to sell.

Another thing you should know while choosing your winning product is that you can’t just start selling any product. Try as much as possible to check the demand over-time for such products through the use of AliExpress Dropshipping Center and Google Trend. (Link)

Validating my Niche on Google Trend
Validating my Niche on Google Trend

The daily demand for most products must be relatively on the high side or at least very stable and the competition for it should below.

It’s not necessary to have tons of products on your website to be successful in this dropshipping business. Your emphasis should be on hot products around a particular niche.

Having a niche store is always good because it will allow you to easily Up-sell or cross-sell customers with similar products.

When I mean niche, what I simply mean, is having your store around particular kinds of products. An example of a niche store is a store around kitchen utensils.

Step 2: Find a Reliable Supplier

The place of good suppliers cannot be overemphasized in this business, because they are the owners of the products you are about to selling. So, it is safe to say the quality of your supplier determines the success of your business. Trust me without a good supplier there won’t be a product for you to dropship. So you most as well take them seriously.

The best ways to spot reliable supplier on AliExpress is by checking customer comments and seller rate. Don’t go for a seller below a 90% score.

AliExpress is this the best place for anyone interested in doing dropshipping business from Nigeria. Except you have a good manufacturer or seller in Nigeria or elsewhere that’s willing to partner with you.

In this case, all you will have to do is promote their products and send orders to them when you receive an order, and they will be the one to manage the logistic within or outside Nigeria.

Other than that, AliExpress is your best option for any drop shipper in Nigeria!

Products on AliExpress are very cheap giving you profit scalability on your business. The system is there to product you In case your didn’t deliver your product as promised. and note over 80% of drop shipper use AliExpress for there Dropshipping business so this might be your best choice in Nigeria.

Also, using AliExpress also comes with its own problem! Which is the Duration of delivery of goods? The shipping time on AliExpress is long due to 99% of sellers are based in China.

This brings us to one important question; will your buyer (customer) be able to pay before he/she receives their products in Nigeria? Or will they be able to wait over a long period of time (over 14 days) before they receive their package, will begin to pop up in your mind?

Then you will start to wonder if all hope is gone for dropshipping in Nigeria?
No! You can still sell to global markets or delve into Mini importation business.


Step 3: Choose a selling platform

Choose a selling platform is really very important because it determines how your store is going to look to your buyers. Is the interface between You and your Customers. So, I’m going to show you the two platforms for building your store. They include:

  1. WordPress and
  2. Shopify

WordPress –
Building your store using WordPress you will need a domain name and a web hosting account to host your store.

Your web host is where your data is saved online. This is similar to a house for your web store while the domain name is like an address to get that house.

After your domain name and your web hosting account are ready, Next stage is to install e-commerce software (WooCommece plugin) on your website after you must have installed WordPress from your Cpanel.

All this can be done through one-click installation. And you have done with your installation, you can start tweaking the website to your taste.

(We help you build a brand new, professional-looking eCommerce store with products imported, FULLY PREPARED for marketing).

No coding is involved, you can literally create your dropshipping website yourself and this is nothing you can’t do.

Here is the most essential part, after everything is set up, you then need to get a Dropshipping Plugin eg (AliDropship). Without a plugin, you can’t run your dropshipping business effectively.

Better still, if you can’t create the website store yourself, or you don’t have enough time probably because of your work, you can easily hire us to do that for you. We will Build and Deliver your store with 4 days of your initial Payment. Finally, when you join our masterclass, we will help you to convert your new store into profit. (Link)

Check out our Portfolio

We will perfectly customize drop shipping store to your test with hots in-demand products added to it, that are ready to start selling. No work will be required from your side when you hire us to build a custom dropshipping store.


Shopify –
Shopify is a self-hosted platform and a website builder that allows you to easily build a website under a few hours. You can create a store in less than 30 -45 minutes and start selling any kinds of products you want from it.

This platform is mostly used by many drop shipper because it easily allows you to build a store even if you don’t know anything on website design. But the problem with this platform is that it’s costly to manage.

The good thing is they offer a 14days free trial. You can build your store in a just day and start marketing immediately. You can check out my case study on how I use this platform to earn over $10,000 in my first month (link)
With this, it’s very possible to start making profits within the 14days and pay up your subscription even before the free trial ends.

But there is not a guarantee that, this will work for everyone!

I will recommend WordPress for those with low budget over Shopify as WordPress is less costly to manage relatively easy compared to WordPress but more expensive.


Step 4: Market your business

Obviously, without marketing, nobody is going to visit your store because nobody knows if your store exist. Is only when you show the world that your store. That when they will consider buying from you. You can’t just sit down and expect buyers to come and buy from your store.

You must take it to them. The best and cheapest place to market your product is through Facebook, Instagram and Google.
You can start by creating your Facebook fan page using your domain name as your page name and then create a Facebook business account to run your Facebook ads.

When running your Facebook advert choose one of your cheapest products to drive traffic to store. Or you can hire us to manage your ad account. We can help you convert every penny you spent into profit.

Finally, make sure you collect emails upon sign-ups and send marketing emails on new products or discount offers on existing products is will help to convert visitors into buyer.

You can as well check them out Instagram ads and Instagram influencers and this is another cheapest method to reaching your potential customer.


Step 5: Start making money
You need a plugin specifically designed for dropshipping eg “The Alidropship plugin” These plugins help you to automatically import product and it’s descriptions, product photos, price, review etc from AliExpress to your store.

This can be done with just a click and when a product is sold on your store, it automatically alerts you, supplier, by sending the customer details to your AliExpress supplier. The one thing left for you to do is to pay the seller (supplier).

After that, the supplier will then ships the product to your customer address without questions asked and your customer won’t know the product is from a third party.

Dropshipping has proven to be a perfect residual stream of income when done the right way and by following the proper channel.

So learning how to start a dropshipping business in Nigeria is not enough, you need to implement what you’ve learned.
The Issue of Payment Gateway

The payment processing gateway is still the greatest stromboli blocks to several online businesses in Nigeria. However, in the case of dropshipping, there are few ways to solve this problem and they include:

  1. Stripe
  2. PayPal and
  3. Paystack
  4. Rave

Stripe – Right now, is the most widely used payment process gateway in the world even better than PayPal because of its easy integration which makes it easy to receive payment on your web store from any part of the world.

How to open a stripe account

Right now, it does not work in Nigeria. And to legally use it, you will need to register your business in the USA. I have written a complete guide on how to register your business to use Stripe. check it out! (Link)

PayPal – is one of the most popular payment gateways but unfortunately, it also doesn’t allow Nigerians to accept payment. However, there has been a way around that.

I have written a complete guide on how to set up a PayPal that receives and send payment in Nigeria. Check it out! (link)

How to Open Paypal in Nigeria

Alternatively, you can use…

Paystack – Is Nigerian payment processing company, so by default it accepts payment in Nigeria. But if you want to receive payment internationally (USD), you need to create an account with paystack and also make sure you have a domiciliary account with Gtbank or Zenith, a registered business with CAC.

When all this are ready, you can then send them a request for receiving international payment. If things goes well, you will start receiving payments in 24 hours.

If you enjoyed this article, let us know what you think in the comment box and do well to share this with family and friends.

That’s it on complete guide on how to start dropshipping business in Nigeria.

How to activate dropshipping center on aliexpress

aliexpress dropshipping center

Some time ago, AliExpress launched a product research tool called the AliExpress Dropshipping Center, but a lot of people keeping asking how do I activate it? And how do I use it for your dropshipping store? In this article, I will show you how to add it to your AliExpress account and how to use it correctly!

AliExpress Dropshipping Center is the tool that AliExpress made to make buying look AliExpress simple.

They are 3 great tools within the AliExpress dropshipping center. It’s free to use

Tool 1: Hot dropshipping items


This tool is use to search for hot dropshipping items in a different niche and also you can select “All Categories” to show products in all the categories.

Tool 2: Trusted suppliers rank

This tool works the same as the other tool above (the product research tool). This tool will help you to sort the AliExpress suppliers by category.
It will show you the most trusted suppliers in the category that you selected.
Using this tool is a great way to find trustworthy suppliers for your dropshipping store.

Tool 3: Product analysis

This one is awesome!

You can input a URL at the top of the product that you want to analyze.
After you click on “Search”, you will see a lot of data from that product.
For example, you can see the “Sale Volume” from each day. Sale volume means how much that product got sold on that day.

You can even see how reliable their logistics is. This means how high the chance is that the product will come on time. I think AliExpress does this by combining all the data they have (like reviews, tracking information, and so on).

You can only research one product at the time and it will only give sales volume from the AliExpress supplier that you copied to product URL from.

How to Activate and Add the Dropshipping Center Tab to Your AliExpress Account?


There are 3 options to enable the dropshipping center on AliExpress.
Place enough orders so that AliExpress thinks you’re dropshipping. Placing enough orders can easily activate it because the system will think you are a dropshipper.

Aliexpress Dropshipping Center (link)

You can simply go to this link above and sign up for the AliExpress dropshipping center. All you have to do is be logged in to your AliExpress account and press a button to join the AliExpress Dropshipping Booster Program!

How to Use the AliExpress Dropshipping Center for Your Dropshipping Store?


This tool will help you if you are running your dropshipping store on a low budget and you can’t afford any product research tools yet.
If you’re just starting your dropshipping budget, then I recommend you should check out this hot AliExpress dropshipping items section and browse through the different niches.



You most surely find a lot of items there that could bring you a maximum profit!


Or you can move to the trust suppliers rank section and checkout different niche, go straight to the niche that you in and then go to the top suppliers in that niche.

From there you go to the products that the supplier sells and sort them by Orders. This way you will see their products with the most orders from the supplier

Dropshipping in 2020: Pros And Cons of Dropshipping

advantage and disadvantage of dropshipping

The world of eCommerce has developed.
A lot and a lot of retailers have dived onto the eCommerce bandwagon which has resulted, in creating more competition for consumer transactions. This result as we have seen different types of online retail springs up, which includes dropshipping.

In case you haven’t heard of it before, the Number one question people ask is, does dropshipping work? And is it a good business decision?

WHAT IS Dropshipping?

Dropshipping is an order fulfillment method that doesn’t require you to keep goods in stock or in the warehouse. But, You sell the item and pass on the sales order to a third-party person called supplier, who then ships the item to your customer.

Contrary to trending belief, dropshipping as you know it, isn’t a get rich quick scheme. So, it requires your patience, dedication and hard work.

Because, it looks like quick money — sell other people’s product and take a cut for yourself — but when you figure out all the obstructions, drawbacks and daily management, it’s far from easy

As a first time person in Dropshipping business, This might be the first time you are coming across the term dropshipping. You may be wondering if it’s really a scam.

So Here are some of the Pros and Cons of Dropshipping?

Pros of Dropshipping

  1. No inventory Needed

Note, managing your inventory is a major task. Not only do you need a warehouse for your goods, You have to track your inventory and always maintain quality, As a small business owner, this might be a hefty task for you. By taking these responsibilities, you will have more time to grow your business.

2. Reduced overhead

Stocking goods in large quantities can get you into spending more. Most retailers stock up goods in big quantities to get the perfect price and increase their profit. These process of stocking up goods need large sums of up-front cash to start which weigh on a business. In Dropshipping, all these are not needed.

3. Low-Risk Management

When stocking up many goods, there is a lot of pressure for you to move all of it. Unsold and Damage products are money lost for the seller.

In dropshipping, the risk factor is removed and you only pay for what you sell. Retailers are free to update their store with new products and keep their online store based on customers’ demands

Cons of Dropshipping

  1. You have Less control

The time you hand over the shipping process to a supplier, you have already lost some control which comes with a hefty dose of risk. If the supplier makes an error it will reflect negatively on your business. This is why it’s very important that you work with a supplier that has high reviews and positive feedback from other buyers

2. Reliance on stock

While one of the advantages of dropshipping is that you are always free to switch over to customer demands without any limitation, it also means you are conditioned to a sudden shortage in stock. If a product becomes popular over a long period of time, you might miss out on selling it because your supplier has nothing stock.

Conclusion

Finally, since dropshipping allows you to use many different suppliers, you can always find the best supplier for a product that you need. For example, you don’t have to deal with one supplier when you have several suppliers. You will have to focus on getting the best suppliers.

Because you’re dealing with a large number of potential customers, you will get to benefit from the attention of your potential customers. In other words, you will get to be a customer to your supplier.

What’s more, because you’re dealing with multiple suppliers, you will be able to build relationships with them. If you deal with only one manufacturer, you will be limited to just one supplier. By dealing with multiple suppliers, you will be able to get better deals from them.

Another advantage of dropshipping is that you don’t have to pay sales representatives. You only have to pay the payment processor to handle the payment process. So, no sales representative would be calling you to ask for money.

To sum up, dropshipping provides several advantages to a retailer. By using dropshipping, you get to avoid the problems associated with inventory, you get to deal with multiple suppliers, and you can build good relations with your suppliers.

Lets Discuss

Pros Dropshipping and Cons Dropshipping

Need Help? Chat with us