Quote: (07-10-2017 08:42 PM)re33603 Wrote:
For the past couple of months I have really looked into this, and I really like the whole drop shipping "system". I like the idea of higher costs, higher margin, less orders and therefore less work. Though I haven't found a niche that would match that criteria, so I will try with lower cost items. I am new to this but I've decided to jump right and not overthink it to much.
For my first store, I will sell products for around $50-$100. Less margin obviously, then higher cost items. In your opinion, is it to low?
The payment method on the site is PayPal and I have linked the site with my personal bank account. Do you think this is a good idea or would opening up a new bank account be a better idea?
I live in Mexico and i am a employee, I also am part owner of a company, but for my ecommerce business I am not registered as a company because I am not 100% sure it will take off. Do you think this will be a problem ?
You are incorrect in stating higher margins. Dropshipping typically gets you the worst possible price as A. your not ordering in bulk and B. your making someone else handle the fulfillment. I'm not saying your paying retail but if I bought the same items as you do in bulk I'm going to get them for 1/3 if not even 1/4 of the price.
Also, the whole less work thing is a bit misleading as well. If you use a program like Oberlo it automates the process although there will be occasional fuckups by the program, but Oberlo to my knowledge only works with Ali Express which isn't really who you want to use to dropship stuff.
Many people report that keeping track of orders, communicating with suppliers and then passing that info along to customers is actually more work than just handling the merchandise yourself.
IMHO unless you dont have money to buy inventory or want to sell to a market you don't live in, I would personally advise against dropshipping.