Had any aspirant online entrepreneur come to us for some advice in getting it right with drop-shipping merely five years ago, we’d be mapping out a different way forward to that which forms part of the advice we’d give today. The truth is even five years ago drop-shipping was pretty much dead, but you could probably still have made a success out of it had you teamed up with other aspirant drop-shippers to essentially launch an assault on different segments of the market together.
The major problem why drop-shipping started fading away as a possible success-bearer back then probably still applies today, but more-so today since drop-shipping is pretty much dead. That point of failure is the approach of going it alone and trying to compete with some people in the market who have long since figured out the need to work together, as a team. You could go as far as saying guerrilla tactics were employed by those who went on to succeed.
There are many other reasons why people fail at drop-shipping though, a leading one of which is the simple fact that drop-shipping pretty much goes against all the principles of working towards capturing the market with a unique selling point. How long can you hang on to a USP if someone who buys from you can become your competitor overnight, by simply doing some research around which drop-shipping company you’re using?
It’s that easy for anyone and everyone to get into drop-shipping, so anyone and everyone has indeed dabbled in it in some way or the other.
Even if you isolate a specific niche, the one major flaw of drop-shipping from that respect is the fact that anybody can subsequently make that same niche their own. What you may have worked hard to publish as unique content to capture the interest of your target market can very quickly and easily be spun and rewritten, accounting for the first of many competitors to come and saturate what was momentarily a great niche.
Also, what incentive does anyone have to buy something like some drop-shipped CBD products from you over buying directly from a reputable, original supplier such as Orange County CBD? At the end of the day they’ll always choose that kind of retailer over your drop-shipping front-store and you can choose any metric with which to compare the markedly better quality of service they’ll get from a specialist supplier over a drop-shipping front-store… Of course, when it comes to CBD products, there has never been so much choice out there. Accordingly, thanks to websites such as Thecbdinsider.com CBD enthusiasts are able to read reviews and order the CBD products that they need online at affordable prices. Coupons and discount codes have also made ordering CBD products online even more appealing.
So people fail at drop-shipping because drop-shipping is dead, pretty much trying to create an unnecessarily stationed middle man.
What you should get into instead, if you were looking down the lines of drop-shipping, is selling as an affiliate. Affiliate marketing has been the mainstay of making money selling products or services which you don’t need to handle the inventory of yourself, so it’s pretty much like the original drop-shipping.
Work directly with specialist retailers, such as how you can earn around 30% commission marketing CBD products from Orange Country CBD. You otherwise won’t even need to pay any of the fees associated with joining something like a drop-shipping programme.