I think it depends on what your strength, interests are and willingness to be location free.
If you are internet marketing savvy person who wants to run business out of a laptop while traveling somewhere, drop shipping would be the only option.
Low margins? You are not putting any cash upfront. You cant really complain.
For me, id rather market my own brand.(female items) Id like to shoot my own photos and short videos with models for social media, design items, do promotions etc. Thats where I would have fun by being creative. Obviously it will cost more money doing marketing this way and I will have to get products made in bulk that will never sell (I say 20k to start minimum) but margins will be a lot higher and i can build small online brand presence.
There used to be infomercials about dropshipping business like 10 years ago (still there?) basically you order catalog from them, choose items you want to sell on your personalized website and they will take care of the rest.
I thought whos going to buy something from Johnny's website with bunch of generic items.
I think they made money by charging monthly service fee to the members.
I know OP wont tell exactly what he sells but it would be really hard to bring people to the online store if what you have is available everywhere and you cant beat others prices.
Btw Overstock.com is pretty much drop shipping business these days. They used to sell real overstocked items out of some cheap warehouse ( saw fake polo shirt there) Its amazing how they got there.
If you are internet marketing savvy person who wants to run business out of a laptop while traveling somewhere, drop shipping would be the only option.
Low margins? You are not putting any cash upfront. You cant really complain.
For me, id rather market my own brand.(female items) Id like to shoot my own photos and short videos with models for social media, design items, do promotions etc. Thats where I would have fun by being creative. Obviously it will cost more money doing marketing this way and I will have to get products made in bulk that will never sell (I say 20k to start minimum) but margins will be a lot higher and i can build small online brand presence.
There used to be infomercials about dropshipping business like 10 years ago (still there?) basically you order catalog from them, choose items you want to sell on your personalized website and they will take care of the rest.
I thought whos going to buy something from Johnny's website with bunch of generic items.
I think they made money by charging monthly service fee to the members.
I know OP wont tell exactly what he sells but it would be really hard to bring people to the online store if what you have is available everywhere and you cant beat others prices.
Btw Overstock.com is pretty much drop shipping business these days. They used to sell real overstocked items out of some cheap warehouse ( saw fake polo shirt there) Its amazing how they got there.