In the dropshipping business model, you promote products and provide an online storefront. When a customer places an order, you forward it to the dropshipper and inform the customer that the product is on its way. The physical delivery process is handled by you. Under some dropshipping agreements, you may also be responsible for customer service, while the dropshipping service provider manages the physical goods and delivery.
1. The seller signs an agreement with the dropshipper. -> 2. Customer places an online order. -> 3. Seller receives the order. -> 4. Customer receives order confirmation. -> 5. Seller forwards the order to the dropshipper. -> 6. Dropshipper ships the order. -> 7. Customer receives their product. ->
Amazon provides a Brand Analytics dashboard to track store metrics. Monitoring these data allows you to closely follow sales trends, understand how customers find your products, and gain insights into why they purchase certain items. Use this information to improve your product catalog by adding high-demand items. You can also optimize product listings to enhance your search rankings.
While you can sell a variety of products, consider specializing in a field where you can build a brand. This also helps you stand out from competitors and clarifies your target audience for marketing.
Before committing to a niche market, research whether many businesses are already selling products in that space. This could indicate market saturation, making it difficult to break in. Are big brands competing for the same customers? If so, you might be better off exploring different niches as a new entrant.
Choose a dropshipper with a reputation for accuracy, timely delivery, and quality products. Contact manufacturers directly to reduce or eliminate middlemen. Review the dropshipper's website to assess their credibility. Check customer reviews to learn about others' experiences working with the supplier. Request product samples to evaluate shipping speed and quality.
