Aspiring dropshippers often find themselves lost in so many contradictory claims about dropshipping. Some of them come from dropshippers that lie about or modify their success stories into something very unrealistic just to sell some of their products like e books or courses. Other claims are from those that are not well informed, therefore they carelessly spread misinformation. If you are feeling stuck, read the following myths about dropshipping to start getting a better picture about it.
You will get rich in one month
It is often presented that you can get instant-rich with dropshipping. Just put on a shop in 30 minutes, make one ad and everything will magically turn into
6-7 figure revenue. The thing is that it does not happen like this. But wait, before feeling disappointed, hear the truth. The truth is that you can start earning very fast, even hundreds and thousands dollars, but it does not mean you are rich yet. Over time your conversions will increase, and you will reach your desired income. So remember, there are not just two options, crazy rich vs a zero income, there is a whole range between these two, and most of it is considered a great success, especially in the first month of opening.
It is too late to start dropshipping in 2020
Some people may convince you that dropshipping is dead, that it has reached its peak in 2016 or something and that it is too late to join. This is also very far from the truth. Even though there are many dropshipping stores the market is not saturated. Why? Because dropshipping is not a product, a niche or a market, it is a business model, which means that it cannot be too many dropshippers. However some markets are overcrowded with dropshipping stores, which truly makes it harder to succeed. On the other hand, many niches are not near to reaching their fullest potential, giving you an opportunity to start your business there.
Everyone succeeds with their first shop
No matter how many dropshipping e-books you read, or how many courses you take up, it can never match the actual experience. Do not, of course, let this discourage you. On the contrary, if your first, second, or even a third shop becomes a flop do not give up. All those failures are everything but that. They are valuable lessons, seen as real examples. Maybe you will even make some mistakes you have read and learned about, because everything looks so different in the practise. When you do, don’t be devastated, reflect on your business and try to uncover your mistakes. This will guarantee that you will never make them again.
Unknown dropshipping shops cannot sell
I do not know where this belief came from, but it is wrong for so many reasons. You have to keep in mind that if customers want to buy from some well-known online shop they’ll probably go to AliExpress, Amazon and eBay. If they aren’t already there it means that they do not care who they are buying from, but what they are buying. They won’t care about your name much, or what your brand is, but they will pay attention to your store and reviews. To keep your store true to your brand and have reviews imported from AliExpress use Reviify, AliExpress reviews importer for Shopify and style your reviews with ease.
Products are often returned
Returns do happen, but really aren’t that common, unless, you made space for them. First of all, if you are selling products that are of low quality or do not resemble the product described in your product page returns are sure to happen. Another thing that may cause returns is faulty sizing. If your customers are buying clothes or something that has to fit another object, your customers will definitely return the product. Also, if you have unclear return policy in your shop, some customers may abuse it. After covering all of these points, invest in good customer service, this can help prevent many product returns and strengthen your customers’ loyalty to your shop.
Dropshipping only works in the US
There is an opinion that dropshipping can only be done from US to US. This is not exactly the truth. You can dropship from any part of the world to another. It is even untrue that it is the most profitable region. Sometimes some unknown small country can be your bestselling.
Shipping takes too long
Although shipping does vary from country to country, shipping times are bearable. Plus, they are no longer in dropshipping than in a regular online shop. In recent time, shipping has become faster than it was with the introduction of ePacket, the fastest way of shipping. Unfortunately, shipping times have been stretched a bit due to pandemic, lockdowns and slower transportation in general, but it is a worldwide problem solvable in just one note saying that shipping times can be longer due to COVID-19
In conclusion, do not rush yourself to get rich overnight. Put some time and effort in it and respect your initial earnings. If you, however, have a failure, do not give up so fast. Respect the lesson you got and give it another try. Just do not worry if your shop isn’t well known because it doesn’t matter that much to your customers. Offer them good quality products and excellent service, because it is not too late to start dropshipping, even in 2020.