Today everyone wants to be an entrepreneur and be their own boss. E-commerce business is the latest trend and way to go for the aspiring entrepreneurs. Let me tell you that shopify is one of the biggest platform that is providing opportunity to all the new entrepreneurs and there are currently more than half million stores worldwide that are using shopify and it is so reliable and easy to operate. Despite the success and popularity of shopify app download, there are many entrepreneurs that are holding back and the reason is so many myths that are surrounding shopify. According to them using shopify is a bad idea and here is why. Myth: It is difficult Fact: the word “Difficult” is too subjective and is used by everyone and the reason is that many people prefer to have a magic goose to lay eggs, without them doing anything, but if you want to be a successful entrepreneur you need to work hard. There is cut throat competition in the business market and if you want to really stand out you need to shed a lot of blood, tears and sweat to succeed. What makes shopify help is that you can choose from various ready-made themes and you do not need to learn coding to be able to build a fully functional website. Shopify is quite similar to blogging platform, where you can change pictures and upload blogs. But in order to make yourself stand-out and make maximum visitors check-out your store, you have to work really hard. Myth: it is expensive Fact: Shopify is actually quite an affordable platform and you can get a Lite plan for as low as $ 13 monthly. This Lite plan only allows you to create a social media shop, which you can easily integrate with your social media accounts. On the other hand, a basic plan will cost you about $ 29 per month. This plan consists of all the necessary bells and whistles that you need to create a fully functional social media account. Myth: it is bound to fail Fact: sure, there are many of the shopify stores that closed because the business failed. It all lead to the myth that shopify is a bad idea and it is bound to fail. It is not true, failure happens, when you let it happen. Business is not a cakewalk but many people think so just getting mis-lead by watching a YouTube video about earning profit of millions by dropshipping and they thought that they can do it too. As I have already told you that it is a massive hard-work and you cannot expect success as soon as you start out. You need to arm yourself with a lot of information in order to get ready for handling a business. Myth: it is limiting Fact: People think that online store is just limited to shopify theme download and it’s features, but that is not true as shopify is the home of thousand of apps that you can use to improve your store. You can even integrate your shopify store with Amazon, Facebook and instagram. These platforms will be a huge help to draw content for your shopify store.
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One of the biggest issues faced by those hoping to get into the e-commerce game can sometimes seem like a nearly impossible balancing act. Suppliers don’t always care whether you have closed that sale and the merchant will be required to pay for your stock before you’ve even sold one product. Dropshipping can be an easy and affordable way to sidestep this barrier to entry. Here’s how: All you have to do is take the products other people have already created and sell them on your Shopify site. When you make a sale, you pass the order to your dropship supplier and they will fulfill the order for you. Once the order is complete, you profit. It’s that simple. Here are some useful tips to help you become successful dropshipping suppliers for Shopify. Be the best at branding and marketing As a dropshipping, you are likely going to be selling the exact same products as some of your competitors. To help you stand out, you will need to have a strong brand and a good marketing strategy in place. This may include a professionally designed logo and website as well as well-planned Facebook ad campaigns and possibly even an SEO strategy. Without this, you are likely to compete with other dropshippers only on price, chasing an ever lower profit margin. Know your real costs One of the biggest mistakes made by beginners when it comes to dropshipping is to not include all expenses into their costs, thinking that their only cost is how much they are paying their supplier for the product. This makes it easy for them to price their products too low and make an unexpected loss. The truth is that the product cost only makes up one of the many costs that you will have to consider. Other than the product cost, you will also need to factor in items related to your marketing expenses, website hosting and graphic design costs. Work with good suppliers Dropshippers rely heavily on their suppliers to complete their customer’s buying experience. As a dropshipper, the last thing you want is to give your customers a great experience on your website only to have them receive their products one month later, receive a broken or faulty product or maybe even not receive their product at all. This is why it is important for you to be very picky about your shopify dropshipping suppliers. Choose those that have good track records and be ruthless about cutting off suppliers who have fallen below standard. Remember, your reputation is on the line. Improve your inventory’s management Inventory management is one of the most important aspects of a dropship business. By having proper inventory management, you can ensure that you never oversell your products. Overselling products can negatively impact your business and happens when customers order products that appear to still be in stock on your store but are already out of stock at your supplier’s. To prevent this from happening, you will need to optimize your inventory management to ensure that the stock quantity displayed on your store is always up to date in relation to how much stock is actually available at your supplier’s. |
AuthorDebutify is a freemium, all-in-one theme designed for Shopify users that allows them to have a plug & play theme with 2 second loading times geared towards boosting conversion rates, average order value, and customer retention. ArchivesCategories |