The future is coming and dropshipping in 2021 might be the way to go. We have seen a huge increase in people who are interested in starting their own online business. Dropshipping can be a great option for those who want to start their own business without having to invest too much money upfront, but it does come with some drawbacks that you should consider before you make your decision.
For those of you who are complete beginners to dropshipping, dropshipping is a simple form of retail, which avoids the need to maintain an inventory to accept customer orders. In other words, when you sell something, you purchase the item from a third-party seller and make him deliver it directly to your customer. Therefore, as a seller you don’t have to be involved in the production, picking, packing, and delivery process.
For over ten years, dropshipping has been a popular online business idea. However, some emerging entrepreneurs are worried about the continued popularity of this form of retail. Is it too late for me to start?
While many people claim that dropshipping is dead and the time to get into it has passed, this just isn’t true. Dropshipping may be more difficult than it used to be, but this doesn’t mean there aren’t people who want what you’re selling or that you still can’t succeed at dropshipping. Now there are more opportunities and more platforms than it used to be. So, if you learn carefully, there are ways to start dropshipping for free as well.
I mean breaking through on the internet is harder today than it was five years ago. You have to pay more to reach more people, and social media is filled with noise. Also, a lot of product markets are saturated and all. But, still, we find our way through it with our own creative ideas.
Yes, timing is a variable. But, your creativity is 5X more important when you’re struggling to find dropshipping opportunities as they become saturated and competitive. There are no shortcuts around hard work or creativity when it comes to starting a successful dropshipping business.
The skills that will make you successful on social media is changing with time. It’s harder to be successful because everyone has the opportunity and there are a lot of platforms now. But I was not afraid in 2009 when I first started dropshipping, I am not worried now, and I will never be afraid to do it again in 10 years. All you have to do is adjust your strategy to match the time variable. For example, you now there are simple ways to do value addition to your dropshipping business using print-on-demand services and using high-ticket dropshipping.
Even if you don’t make any money doing it, dropshipping is worth it because the skills you will learn through the process are invaluable. Those skills will come in really handy when you start your very own product line one day.
Do NOT get sucked into the comparison trap
Too often people let themselves get sucked into the comparison trap. It’s a natural tendency to pay attention when another person is doing something that gives you fuel for self-loathing and feelings of inadequacy. So, just focus on what you do your best and what you enjoy the most.
I hope I have convinced you that there’s no harm in giving dropshipping another chance! So, if you’re interested in dropping shipping or just passionate about entrepreneurship, just start. I guarantee there is value in the process.