Begin With The End in Mind.
This is a quote from the famous book “The 7 Habits of Highly Effective People” and it applies to dropshipping as well. Before you start going into the dropshipping business set your goals on what you want to achieve with it, whether you want to sell your business after making it successful, if you want to quit your full-time job and make dropshipping your main source of income or you just want to do it as a part-time thing. This is a very powerful Psychological technique to get your mind wired to getting what you set your mind to.
Don’t Try To Re-Invent The Wheel
Although it is not to say that re-inventing the wheel is impossible, following already successful methods of dropshipping is way better than trying to come up with your own way of doing things. Not to say you shouldn’t try new things but they should only be limited to trial and error phases.
Find Trending Products
This is the application of the above section. You want to find products that are trending, that a lot of people are buying. You can do this by opening up your social media and look for ads and popular product pages that are getting a lot of views and likes and comments. The main reason they are is that they are spending a lot of money on advertisement and the reason they will most definitely be doing that is that it is bringing them profits. Take the fidget spinner trend for example which was a huge trend not so long ago.
Make a Brand Around Your Products
The main reason people just don’t go on Aliexpress and buy cheaper products from there instead of buying from another store selling the same product is branding. If you can get a story behind your brand that makes it even stronger. People generally like to associate themselves with brands.
Advertise Your Store
Nobody is going to buy from you if they don’t know who you are. This is another reason people just don’t go to Aliexpress and buy the product for a cheaper price. It’s because they didn’t know it existed and they didn’t know they needed this product until you popped up an ad on their face. There are so many ways of advertising and so many methods. The main difference between successful drop shippers and unsuccessful drop shippers is that the successful ones know how to advertise.