How to pick profitable products to dropship on Amazon? Here are a few tips and a recommendation to let an expert to the market research. Ads and search engine optimization can help drive more traffic to your store. Keep in mind that most ecommerce stores convert at a rate of 1-2%. That means if you have less than 100 visitors on your site you probably won’t be getting any sales. The more traffic you can get to your store the more likely you are to convert the sale. Most focus on ads as it’s instant gratification and can drive a lot of sales in a short time. However, SEO can help drive the long term sales by allowing you to rank high in search. Creating blog content and optimizing product pages can help you build an audience in search with minimal ad spend keeping your acquisition costs low.
After you run your store for a while, you’ll learn the most common questions your customers have. If you get a few questions a week about similar topics, just know that there are 100 or so people that didn’t ask that same question and just left. Sometimes, people will chat or call for answers. However, most people will be lazy and just leave. With a Frequently Answered Questions Section (FAQ for short), you can give them the answer and get them to buy no matter what time it is.
In every supplier-retailer dropship relationship, a myriad of details must be worked out in order for either party to see lucrative sales. Aspects that need to be considered include: How are product content and data managed, and how does it make its way onto the retailer’s site? How is inventory updated and synced to the retailer’s site? When orders are placed, how does the supplier receive that information? Who gets paid for what percentage of the sale, and when? How are items actually shipped—whose carrier account is used? How are returns dealt with? Obviously, dropshipping is a complex, multifaceted practice that necessarily means that retailers and suppliers are constantly exchanging data back and forth. To succeed then, the key is to always remember that dropshipping is a relationship between retailer and supplier, and it requires efficient communication, transparency, collaboration, and organization on the part of both parties.
How to find the best products ? A few words about dropshipping market research. Another great way to generate ideas of dropshipping products to sell in your online store is by looking at social shopping platforms. Social shopping sites are ecommerce enabled websites where the shopping experience is shared with a social network of people. Sharing can include liking, commenting, recommending or sharing products with others. The main premise for sellers on these sites is using others recommendations and influence to gain more sales. Look around these websites and discover how people use them. Notice how each store’s customer reviews are prominent and feedback is important to the UI. This makes it easy for you to research potential dropshipping products to sell in your store as you can quickly identify products that people love and are raving about. Or you can let an expert to do the product market research for you while you focus on marketing or improving your website. See extra details on Dropship on Shopify.