The Pitfalls of Starting a Dropshipping Business

You’re reading this, so obviously you are interested in starting your dropshipping, or wholesaling business.

Well, the short version of the story is this:

• Set up a site
• Add some products
• Add a lot of profit margin
• Sit back and watch the money rolling in

The long story is that if this is the way you see your new dropshipping business, you’ll most likely fail! There are a couple of more things in between that you need to pay attention to, and here are some of the top ones:

1. Find a reputable dropshipper – This needs a lot of research to do, simply because finding any dropshipper is not so difficult to do, but finding a good one, that’s a tough cookie. Once you found a dropshipper, you need to see what type of products they offer, what are the payment types that they want from you, how about their speedy delivery, what about customer complains. These things should be researched for each dropshipper you are looking into contacting. It might take you a bit more time at first, but you will save tons of grief in the process!
2. Possible membership fees – To be able to get products at a discount, many dropshippers charge you a membership fees. So shop around and ask them for their membership prices
3. Set up your site with the products from the dropshipper. It might be a nightmare, particularly if the dropshipper has let’s say 500 products in various categories. But it doesn’t have to be! You can build a very easy dropshipping site with this dropshipping starter pack. Very easy to use and saves  you again, a ton of grief!
4. So now you have a wholesaler, you have the products, you have your website, but how do you attract visitors (really buyers) to your site? You need to do some SEO on your site, you will need to advertise your site in as many ways as possible with flyers, signature in emails, word of mouth, business cards, link building, onsite SEO…and once you start, you cannot stop. Google loves those that always keep working on and advertising their site.
5. Now that your customers get rolling in, keep working on the site, and start the process from scratch (if you’re not already tired of it!) on a new site.

You have to keep in mind that starting a dropshipping business is not a get rich scheme. It will not make you rich overnight. But if you perserver at it, if you continue working at it and if you have fun, it will show and you will have success. Not today, not tomorrow but a few weeks from now, a few months from you might find yourself with a very profitable business that makes you some nice passive (or not so passive) income.