The global ecommerce industry is getting big with the each day passing, i.e. currently it is worth more than $3.5 trillion and a steady growth is expected in the coming years. More and more people are buying online and there is a great opportunity for ecommerce entrepreneurs.
More entrepreneurs are considering dropshipping for either starting a new online store or expanding the existing one. While dropshipping sounds easy because everyone is talking about its benefits and ease. There are certain challenges associated with dropshipping business, and if you do not have skills and knowledge to handle these, your chances of success are slim.
Few of the major challenges for dropshipping business and in fact for any other ecommerce store include rising competition, frequently changing trends, and shift in consumer behaviour.
In order to succeed with a drop shipping business model, you must have clear understanding of these challenges and have an action plan that guides you through the following areas:
- What products to sell.
- Identify the trusted suppliers.
- Know your competitors, i.e. who they are, what and how they are selling etc.
- Devise an action plan to sell your products.
Yes, dropshipping is not as easy as it sounds, but yes, with the right tools you can make things easier for you. For instance, working in all of the areas above by yourself or having someone to do this research and analysis is time consuming and costly, but it’s matter of few minutes for a smart tool. SaleSource.io is one such tool that can help you succeed with drop shipping business model by helping you with all of the above areas and more.
SaleSource is a marketing tool designed to help e-commerce businesses grow faster and more securely via the use of detailed automated processes like product analysis, trend evaluations, and competitor comparisons. You won’t need to spend tens of hours on finding what to sell, as SaleSource has all the data and analysis readily available.
Using SaleSource you can easily determine which product is more popular in which location. Moreover, using the data you can find the products that have potential to grab market in your specific location.
But, that’s not all; the tool has almost everything that your drop shipping business requires, i.e. list of most reliable online suppliers (based on ratings), competitor statistics including their revenue, top products, number of visitors, etc. You can also find a great deal of options to boost your marketing efforts, i.e. find products with viral video content and generate descriptions for your products accordingly.
SaleSource offers a basic chrome extension with which you can find winning products on Aliexpress with one click, however, the subscription based service is ideal for serious entrepreneurs. Having SalesSource integrated within your online store is ideal for long term success. It supports all e-commerce platforms and comes with a 7 days free trial. The regular pricing is also very much affordable if you compare it with the alternate (hiring someone to do all this work).
What’s Special about SaleSource:
The tool is an AI-based application which is compatible with Shopify and supports all e-commerce platforms. If you’re sourcing from AliExpress, for example, it’s one of the most efficient tools available.
SaleSource in Their Own Words:
SaleSource is a marketing tool designed to help e-commerce businesses grow faster and more securely via the use of product analysis, trend evaluations, and competitor comparisons. There are four main features: Store Center, Sale Centre, Marketing Center, and Product Center.
SaleSource Website: SaleSource.io