There’s no denying that there has been an exponential growth in the e-commerce market over the years. That is because the benefits far outweigh the drawbacks of shopping online. Customers get instant gratification with no limitations of time or location, while businesses save money in terms of the costs of renting or buying physical properties for traditional brick and mortar stores and hiring a huge staff.
E-commerce has now become even easier with the popularity of dropshipping. It is an easy way to start a business with a low investment and high returns if done right. So, what exactly is dropshipping, and how can it help you make money online? Let’s discuss below:
What is Dropshipping?
The concept of dropshipping is quite simple. Think about a traditional e-commerce website; the business receives an order on its existing stock, then it packs up the order from their warehouse or another storage facility, and finally delivers the package to their customer. Dropshipping works in somewhat the same way, except it lets the website skip a few of the painstaking steps!
With dropshipping, you forgo the need for warehouse/storage space, and also for last-mile delivery. The dropshipping platform you sign up with takes care of that for you. What you are in charge of is designing an e-commerce website, looking for your target customer and getting in touch with your third-party vendor that sells your desired product and will ship it out for you.
Businesses that use this model don’t have to make the investment in inventory or storage space, and relinquish the responsibility of packaging and delivering the products.
How Dropshipping Stores Work
Starting a new business in any field can be challenging, and this includes e-commerce through dropshipping! Starting an e-commerce website on a template like the ones provided by Shopify may be a simple task, but the steps to finding the right products and vendors can be tough if you are new to the industry and don’t really know what you’re doing.
Websites like Ecom Key provide extensive guides and award-winning tools, which can help grow your dropshipping store to its full potential. They offer everything you need to get started dropshipping at an extremely reasonable price too.
Ecom Key provides you with 50 plus training videos to help you learn how to get started in the dropshipping business plus a lot more. These videos help you understand the entire dropshipping model, how to get started and how to grow your business as well.
Ecom Key updates and adds videos weekly that cover a wide range of topics. The topics include building your dropshipping store, how to market using social media, creating ads, finding winning products and anything else that can help your dropshipping business grow.
Product Research Tool
The product research tools provided on Ecom Key can help you determine the best products to sell on your dropshipping store. The products provided are backed by real data and are proven to sell. With Ecom Key, they claim “Ecom Key uses a complex algorithm that tracks multiple data-points & consumer trends then scrapes AliExpress to find hundreds of winning products, so you only sell what’s proven to work.”
The research tools, along with the training videos will help you determine what product you should be selling on your e-commerce website. This ensures that you aren’t wasting money by selling duds; products that just take up space on your website and aren’t making your business any money.
What’s to Love about EcomKey?
The reason Ecom Key has been chosen as the primary focus is because of its easy-to-use interface, low-cost signup and multiple tools it provides its customers. You can join Ecom Key for roughly the same fee you would pay for your monthly subscription to a TV streaming website and can benefit your business tenfold. Apart from the in-depth training videos the site provides, it tells you what products will work best for your site, along with letting you know what’s working on other sites!
Best part? You can access all of this information on the go through their mobile site – it’s seamless, inexpensive, easy to use and helps you make money! What’s not to love?