Dogzily.com – Do you know How to Earn Money from Dropshipping? Dropshipping is one of the best ways to earn money online without investing any money after affiliate marketing.
After covid-19 people started shopping online more than ever and this opened up opportunities for various entrepreneurs to start their own stores. The dropshipping industry has changed a lot since that’s how to make money from dropshipping.
Now before we make money with dropshipping, there is the question “Is dropshipping worth it?”. Because you don’t waste time on dropship right? Well here’s the answer.
This picture of dropshipping growth by grandviewresearch clearly shows the positive growth of dropshipping from 2015 to 2021 as well as the expected future growth of dropshipping up to 2025
So when someone asks you next time can I really make money from dropshipping, show them this graph. Let’s go back to our main topic!
How To Make Money From Dropshipping?
1. Understanding Your Niche
Before you even start How to Earn Money from Dropshipping, it’s very important to understand what niche you want to go into. You can’t just start dropshipping selling clothes, watches, shoes and all. You have to choose a certain profitable product or niche if you want to be successful in dropshipping.
Here are some reasons why you need to choose a niche
- When you choose a particular niche, you don’t have to invest a lot of money on advertising by promoting different products because in a niche you only need to focus on a specific product.
- A small niche has less competition than a wider niche.
- Having a niche gives you a clear picture of whether it will work in the future or not.
- It’s easy to research and dominate a niche.
So, How to choose a niche, especially a profitable niche?
There are different ways to research and find a niche but the one I’m going to show you is Free
Use Ubersuggest
Ubersuggest is an excellent tool to find out what and how many people are searching for a particular product on google. This will give you an idea of whether the product you are trying to sell will be profitable or not.
You can’t sell a product that no one is looking for because you’ll get almost no customers. Take the iPhone 5 for example, can you sell the iphone5 phone? No, you can’t because no one is looking for the iPhone 5.
That’s why you need tools like ubersuggest, ahrefs, semrush to understand what people are looking for. (Ubersuggest has 3 free trials per day and ahrefs, semrush is a paid tool.)
How to use Ubersuggest
- Put your product keywords on Ubersuggest
- Ubersuggest will tell you how many people searched for that product.
- It will also tell you about the countries where people are most interested in your product.
By using Ubersuggest, you will get a clear picture of which country your product is targeting. You can also use Google Trends to find out the trend of your product. For example, jackets have a high trend only in winter.
Similarly, if your product is a seasonal product, then google trends will tell you about it. Thats How to Earn Money from Dropshipping.
2. Finding Supplier
Once you have chosen a niche, let’s say you want to dropship a “selfie stick”. The next step is to find a supplier. Finding a supplier is very important because a trustworthy supplier will make your business successful compared to a bad supplier
What is a good supplier?
- A good supplier will deliver your products to your customers on time
- Give a discount.
- Providing quality goods
- How to find a reliable supplier?
Back then it was difficult to find a supplier for dropshipping but since the growth of dropshipping it has become very easy to find a supplier.
Here are some suppliers:
- Oberlo
- Ali-express
- Alibaba
On this website you can find any product as well as its suppliers, you can also check the ratings of various suppliers and choose the best one.
3. Create your Online Store
After selecting your product and supplier, the next and most important feature is to create an online store where you can sell your products To create an online store you can use wordpress, wix, shopify. On this platform you can create your online store in a few hours without coding.
4. Promote Products on Social Media
The final step is to promote your product on social media with the help of facebook ads. Remember when promoting your product on social media only target customers who are interested in your product.
For example, when selling women’s shoes, do not target men because men are not interested in women’s shoes.
Final Words
This is How to Earn Money from Dropshipping, you can start your own dropshipping business and make money online. Remember to only sell quality products otherwise the customer will not order the product from you again or they will return your product and you will lose the sale.
See also: Best Apps to Earn Paytm Cash
