Uploaded on Jan 3, 2020
Presentation on "Common Mistakes Entrepreneurs make when Choosing Dropshipping Products"
Common Mistakes Entrepreneurs make when Choosing Dropshipping Products
Common Mistakes Entrepreneurs make when Choosing Dropshipping Products Picking wrong niche • This is one of the main reasons of failure in dropshipping business. To attract customers and earn good amount of money, it’s important to choose the trending and latest niche to have successful sales. burtchworks.com Completing orders manually • Manual fulfillment can take a lot of time and use many resources. You may be able to complete a few orders manually, but if there are hundreds of orders, it can be very difficult. saleshack.com Copying Facebook ads • Many entrepreneurs copy other company’s Facebook ads. This will have a negative impact on users who think you don’t have any unique or engaging content. oberlo.com Too many suppliers • ‘Too many cooks spoil the broth’, similarly too many vendors can create difficulties in managing coordination and stock levels, which can be a burden. volusion.com Poor marketing • Marketing is necessary for generating revenue and it is also one of the most difficult things to do. It is important to get your marketing done right. hackernoon.com Not reading product reviews • Entrepreneurs often ignore product reviews thinking they will able to somehow sell the products. But customers often read product reviews thoroughly, so the ones with poor reviews aren’t likely to generate sales. sellthetrend.com Too many suppliers • ‘Too many cooks spoil the broth’, similarly too many vendors can create difficulties in managing coordination and stock levels, which can be a burden. volusion.com Hidden shipping fees • Hidden shipping fees is one of the reason most buyers abandon the shopping cart. Be very specific about shipping fees and times. inc.com After-sales tracking • Customers are eager to know when they’ll receive their orders, so offer tracking services to let them know when their product will arrive for a better customer experience. entrepreneur.com Depending on a single vendor • Though you shouldn’t choose too many vendors, you shouldn’t depend on a single one either because it will be a problem if that sole vendor runs out of stock. xsellco.com Picking wrong niche • This is one of the main reasons of failure in dropshipping business. To attract customers and earn good amount of money, it’s important to choose the trending and latest niche to have successful sales. burtchworks.com
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