This is a question that we get all the time at SaleSource: is dropshipping dead?
We’ll get into a bunch of the common questions and different things people ask us, but before that, I just want to say that depending on where you are in the world this whole business model we use specifically the SaleSource business model – in some countries it’s like barely being born.
It’s like a little newborn baby that’s still figuring out how to walk and how to talk and how to do everything, a lot of our members that we’ve seen tons of success with over the past couple years are not just in the United States anymore.
There is a huge group of members in Australia that are doing amazing. The same can be said for the United Kingdom and for Germany and for a lot of other countries where this whole dropshipping model using the SaleSource system really is something that brands and suppliers are still figuring out.
So, it works there but it’s more of like this education process between you as the person building the business and the Brand’s the suppliers that are actually making these products. So not only is it not dead in most of the world. It’s actually something that is just brand new. It’s just being birthed and it’s something that you could definitely capitalize on, assuming you in fact carry out the shopify product research.
Just like a ton of our members have over the past few years as Drop Shipping with the SaleSource business model continues to develop in more countries than just the US, where things typically take fire first. Especially when it comes to buying behavior. We have a lot of money spent here we’re consumers.
Is dropshipping saturated?
Dropshipping is not new, I’ve been doing it myself since way back in 2008 and people have been doing it longer than me. So the misconception is you know what this has been around for a long long time. Aren’t there just so many people doing it now that there’s no space for new stores.
Short answer is no, that’s not true.
When you’re using this model, when you’re dropshipping, your goal should always be to work with new suppliers and new brands and get the newest and the best products that come out. So the products that were popular back when I first started are not still popular today, while some of them are the majority are not. For this reason, you absolutely have to know how to drive traffic to your shopify store, there is no way around it.
What do I mean by this? The industries that we sell in they are still getting sales. They’re still selling strong, but the top brands the top skews, the top products – they are now in there going back something like 12 years, in their 12th iteration some more than that. Products get updated, new brands come out.
Brands release new product lines. So a big part of this is to always be that person that’s out front of your industry, and use the very best tools available to you, like Oberlo or oberlo alternatives and I’m not saying to only sell trending products, but if you’re in the office furniture space, for example, then make sure every year you’re working with the best brands that make office furniture.
Make sure you’re getting all of their new SKU numbers on your website. Make sure you’re promoting them because then all that competition you’re thinking about all those people that have been doing it for so long, guess what, some of them are lazy. Some of them don’t update their sites. Some of them are comfortable making what they’re making with stuff they haven’t updated in the past five years, because they don’t use any sort of shopify chrome extension.
So as long as you’re willing to do the work and stay on top of your business, which I hope you would be if you’re really planning on doing this then no it’s not too saturated. There’s literally new opportunities popping up every single day when it comes to products and suppliers and I use the word suppliers interchangeably with Brands. But again always new opportunity there do not worry about this being too competitive, because it’s really not.
The other thing I’ll say about that is competition. You do want some if nobody’s selling what you want to sell, that’s probably a red flag. So keep that in mind.
